Top SaaS Companies in Colorado

List of the largest SaaS companies in Colorado, United States (Click to apply)

These are the top SaaS companies in Colorado, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Colorado by featuring these 52 companies with combined revenues of $1.0B.

Together, Colorado SaaS companies employ over 7K employees, have raised $418.9M capital, and serve over 563K customers around the world.

$0 - $1M ARR
  1. CyberGRX $1.0M
  2. Burstiq $900.0K
  3. Cor $777.6K
  4. Kapta $750.0K
  5. Enjoywurk $600.0K
$1M - $5M ARR
  1. Flowhub $4.0M
  2. Bonus $3.6M
$5M - $10M ARR
  1. Airdna $9.9M
  2. Choozle $9.6M
$10M+ ARR
  1. Pingidentity $245.0M
  2. Madwire $110.0M
  3. Swiftpage $96.1M
  4. Adswerve $96.0M
  5. Accucode $93.0M
  1. 01
    Pingidentity

    Pingidentity

    Security Software

    Our mission is to simplify how enterprises provide secure and seamless digital experiences.

    $245.0M

    $128.0M

    2K

    1K

    2002

    Colorado

  2. 02
    Madwire

    Madwire

    Vertical Industry Software

    Madwire® is a technology company that provides business management and marketing software and services for SMBs and franchises. Madwire’s integrated brands — Marketing 360®, Websites 360®, and Top Rated Local® — enable SMBs to manage and grow their busines

    $110.0M

    $11.0M

    20K

    600

    2009

    Colorado

  3. 03
    Swiftpage

    Swiftpage

    CRM and Related Software

    We fuel small business growth

    $96.1M

    89K

    250

    2001

    Colorado

  4. 04
    Adswerve

    Adswerve

    Digital Advertising Platforms

    Google Marketing Platform Provider, Partner

    $96.0M

    800

    160

    2009

    Colorado

  5. 05
    Accucode

    Accucode

    Supply Chain & Logistics Software

    Simple, scalable, repeatable business solutions.

    $93.0M

    1K

    119

    1995

    Colorado

  6. 06
    Act

    Act

    Act! CRM is the trusted customer relationship software for small and mid-sized businesses looking to build lasting relationships, manage leads and grow their business. Our client management software provides the freedom to tailor to your industry needs...

    $90.0M

    85K

    2K

    2001

    Colorado

  7. 07
    Welltok

    Welltok

    Healthcare Software

    Welltok is a data-driven, enterprise SaaS company that delivers the healthcare industry’s leading consumer activation platform. Welltok’s solutions empower leading health plans, employers, providers and public entities to connect consumers with person

    $84.0M

    $251.7M

    60

    424

    2009

    Colorado

  8. 08
    Teamsnap

    Teamsnap

    Vertical Industry Software

    Takes the work out of play for sports. |The #1 sports team management app makes communication and organization a breeze. Clubs and leagues love us too. Try it now.

    $35.6M

    $48.0M

    270K

    150

    2009

    Colorado

  9. 09
    Adcellerant

    Adcellerant

    Digital Advertising Platforms

    Advertising and Marketing, Technology, Services

    $24.0M

    250

    70

    2013

    Colorado

  10. 10
    Brandfolder

    Brandfolder

    Content Management Systems

    Brandfolder is a global software company headquartered in Denver, Colorado.

    $24.0M

    $10.7M

    4K

    75

    2012

    Colorado

1-10 of 52

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What are the fastest growing companies doing?

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.

Which CEO’s are the most efficient capital allocators?

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.

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