Top SaaS Companies in Connecticut

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

These are the top SaaS companies in Connecticut, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Connecticut by featuring these 6 companies with combined revenues of $26.7M.

Together, Connecticut SaaS companies employ over 87 employees, have raised $350.0K capital, and serve over 9K customers around the world.

$0 - $1M ARR
  1. Synchrotab $250.0K
  2. Encaptiv $120.0K
$1M - $5M ARR
$5M - $10M ARR
  1. 01
    Awarenesstechnologies|Awareness Technologies

    Awarenesstechnologies|Awareness Technologies

    Security Software

    Parental Controls and Monitoring/ Employee Monitoring|User activity monitoring in both b2b and back markets

    $19M

    $6M

    5K

    50

    2010

    Connecticut

  2. 02
    Interweave Smart Solutions

    Interweave Smart Solutions

    It Infrastructure Software

    InterWeave is the CRM Integration Engine

    $6M

    4K

    18

    2006

    Connecticut

  3. 03
    Inventaprint

    Inventaprint

    Artificial Intelligence Software

    Applying intelligence & analytics to hardware product development.

    $1M

    $120K

    20

    4

    2017

    Connecticut

  4. 04
    Synchrotab

    Synchrotab

    Content Management Systems

    Presentation solutions for iOS devices

    $250K

    $120K

    1

    4

    2015

    Connecticut

  5. 05
    SQSPTHEMES.COM

    SQSPTHEMES.COM

    Web Design Platform

    A curated directory of Squarespace themes and plugins

    $120K

    0

    5

    2015

    Connecticut

  6. 06
    Encaptiv

    Encaptiv

    Office Software

    Interactively engage and convert audiences

    $120K

    $110K

    9

    6

    2018

    Connecticut

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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.