Top SaaS Companies in Florida

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

These are the top SaaS companies in Florida, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Florida by featuring these 264 companies with combined revenues of $11.2B.

Together, Florida SaaS companies employ over 20K employees, have raised $63.4M capital, and serve over 12M customers around the world.

$0 - $1M ARR
  1. Admiral $999.2K
  2. DANAConnect $946.0K
  3. Backoffice $936.0K
  4. Quantuvis $925.5K
  5. BnBerry $907.6K
$5M - $10M ARR
  1. Spirion $9.7M
  2. vXchnge $8.9M
  3. itopia $7.7M
$10M+ ARR
  1. Beeline $4.7B
  2. Shipmonk $140.0M
  3. Open English $104.8M
  1. 01
    Roper Technologies

    Roper Technologies

    Information Technology Software

    Roper Technologies is a diversified technology company. The company operates businesses that design and develop software (both license and software-as-a-service) and engineered products and services for a variety of niche end markets, including healthcare,

    $6B

    0

    251

    1981

    Florida

  2. 02
    Beeline

    Beeline

    Enterprise Software

    Operator of a SaaS company that dealing with workforce intelligence services. The company's software services specialize in optimizing the non-employee workforce management and is designed to money, reduce risks to the organization and add value to its cli

    $5B

    1M

    1K

    1999

    Florida

  3. 03
    Shipmonk

    Shipmonk

    E-Commerce Software

    Ecommerce Order Fulfillment

    $140M

    $300M

    1K

    1K

    2014

    Florida

  4. 04
    Open English

    Open English

    Education Software

    Operator of an online language school. The company offers Open English, an online English language course that combines live instruction with native English speaking teachers and multi-media learning content.

    $105M

    $125M

    0

    1K

    2007

    Florida

  5. 05
    Medusind Solutions

    Medusind Solutions

    Healthcare Software

    Medusind Solutions, one of the leading outsourcing companies, provides integrated healthcare business solutions, both on and offshore.We take pride in utilizing global resources to cover physician practices, hospitals, dental groups, and third party billin

    $67M

    10K

    1K

    2002

    Florida

  6. 06
    Knowbe4

    Knowbe4

    Governance|Risk & Compliance Software

    KnowBe4 provides Security Awareness Training to help you manage the IT security problems of social engineering, spear phishing and ransomware attacks.

    $60M

    $384M

    10K

    969

    2011

    Florida

  7. 07
    Convey Health Solutions

    Convey Health Solutions

    Healthcare Software

    Developer of specialized healthcare platforms. The company's offerings include platforms with enrollment, billing, reconciliation and grievance management functions as well as back-office support services, enabling government-sponsored health plans, provid

    $57M

    10M

    1K

    2001

    Florida

  8. 08
    Vates

    Vates

    Iot Software

    Provider of software development services designed to provide IT products and services. The company's services include software development, testing, quality control and research & development, enabling corporations and governments to optimize predictabili

    $29M

    0

    368

    1991

    Florida

  9. 09
    eMedicine

    eMedicine

    Information Technology Software

    Operator of a consumer health website. The company operates a consumer health Website to provide point of care medical reference to physicians and other healthcare professionals.

    $28M

    0

    570

    1995

    Florida

  10. 10
    Nearpod

    Nearpod

    Education Software

    Provider of an online learning platform designed to empower educators to create learning experiences that engage students. The company's online learning platform provides interactive education content across mobile devices, helps teacher to give real-time

    $26M

    $31M

    0

    343

    2012

    Florida

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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.