These are the top SaaS companies in AB, Canada. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for AB by featuring these 9 companies with combined revenues of $116.6M.
Together, AB SaaS companies employ over 571 employees, have raised $0.0 capital, and serve over 2M customers around the world.
Field Service Management Software
Management software to help sole-traders and small home services businesses make appointments and organize their schedules, set up billing and manage their accounts, and market their services online.
Marketing Automation Software
Replicon, Inc. is a software company providing cloud time tracking applications including timesheet and expense management software, using SaaS, for automating employee time tracking, project time tracking, expense tracking and resource scheduling.
Spira ORP is a cloud-based operation software that eliminates delays, drives efficiencyand makes businesses more profitable by allowing them to connect the field to the office. With offline capabilities, Spira ORP allows for data sharing for oilfield s...
Project|Portfolio & Program Management Software
Highly-visual, customer-centric, work and project management solution that provides a 360-control tower view, real-time data and collaboration for accelerated delivery.
Social Media Marketing Software
Provider of a native application platform for mobile communications. The company offers an application development platform that allows any organization to have its own proprietary branded app on the public app stores.
Provider of a paperless site application. The company enables the contractors to manage a number of different paperless forms on site including productivity reports, toolbox meetings, site drawings on iPads and web devices instead of using paperwork, via a
Software As A Service Platform(Saas)
Fresnel Software - Developing engaging software that enables our users to deliver quality projects at scale
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83 of the fastest growing companies that also have the most revenue have a clear expansion revenue strategy. On average, sales reps are selling plans where starting contract value is $4,606.
Those same companies employ 1,678 sales reps that carry a quota. The most common compensation plan used by these companies is a 1:5 ratio of sales rep on target earnings (OTE) to quota. Meaning if a rep can earn $200k in base and commissions, quota target for that year is set at 5x, or $1m in new ARR closed.
If you’re going to build a high growth SaaS company, you need to figure out how to scale with quota carrying sales reps.
We can measure this a variety of ways. Which company has the most revenue per employee? What about dollars in revenue compared to dollars raised? What about time, which founder went from $0 to $10m the fastest?
Looking deeper at dollars in revenue compared to dollars raised, bootstrappers take the cake because they self fund (denominator zero). When we look at companies that have raised at least $1m, Actito is the clear winner generating $21m in revenue, growing 100% yoy, on just 1m raised ($.05 dollars raised for every $1 of revenue).
Omnisend comes in a close second with $.08 dollars raised for every dollar of revenue. Doing $19m as of December 2020. Proposify gets honorable mention with $0.46 dollars raised (3.25m) for every dollar of revenue ($7m).
The worst performers here are companies like YayPay with $3.68 dollars raised ($14m) per dollar of revenue ($3.8m). Many of the worst performers just did a round of funding and haven’t had a chance to deploy to drive growth yet. That makes this data less valuable but still illustrative.