These are the top SaaS companies in California, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for California by featuring these 2894 companies with combined revenues of $49.4B.
Together, California SaaS companies employ over 299K employees, have raised $13.4B capital, and serve over 5B customers around the world.
Information Technology Software
Provider of online platform for photo editing. The company provides software for image enhancement, photograph corrections and editing. It also provides products such as photoshop lightroom, photoshop elements and photoshop express.
Process Automation Software
Provider of robotic process automation designed to work side by side with people to handle repetitive routines and tasks found within many industries. The company's automation platform provides bots powered by artificial intelligence trained to automate pr
Collaboration & Productivity Software
Zoom is a software company that offers a communications platform that connects people through video, voice, chat, and content sharing.
Cadence Design Systems was founded in 1988 after the merger of ECAD and SDA Systems. Cadence is known as an electronic design automation, or EDA, firm that specializes in developing software, hardware, and intellectual property that automates the design an
Teradata Corporation is a provider of database and analytics-related software, products, and services.
Information Technology Software
Artificial Intelligence Software
Palantir offers software applications designed for integrating, visualizing, analyzing data, and fighting fraud|palantir.com|Palantir offers software applications designed for integrating, visualizing, analyzing data, and fighting fraud.
Business Development Software
Provider of a mobile marketing platform. The company provides an adaptive marketing platform which turns a mobile device into a trans-formative advertising medium by using data gathered across screens, allowing brands to connect with their customers in a m
Cloud Computing Software
Provider of cloud infrastructure technology designed for data protection, search, analytics, archival and copy data management. The company's Rubrik Cloud Data Management, offers live data access for recovery and application development by fusing enterpris
New Relic is a digital intelligence company that delivers full-stack visibility and analytics to enterprises.
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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.