These are the top SaaS companies in IL, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for IL by featuring these 23 companies with combined revenues of $478.4M.
Together, IL SaaS companies employ over 5K employees, have raised $25.0M capital, and serve over 91K customers around the world.
Relativity provides eDiscovery software solutions that give corporations, governments, & law firms tools to manage litigation, investigations & FOIA requests. Learn about Relativity's eDiscovery solutions to aid legal review, litigation support, docume...
Digital Analytics Software
Uptake is the industrial analytics platform that delivers products to major industries to increase productivity, security, safety and reliability.
Marketing Automation Software
Integrated email marketing, marketing automation, and small business CRM. Save time while growing your business with sales automation.
Build software to explain benefits.
Real Estate Software
ShowingTime is the real estate industry’s leading showing management and market stats technology provider, serving more than 950,000 agents and more than 250 MLSs.
Get more from your firm's data with iManage's leading edge document management, data security, and AI solutions. Let us transform how your team works.
Data Integration Software
Cleo is a software company that provides business-to-business, embedded integration, application-to-application, cloud integration and big data integration solutions.
Productive Edge is a Digital Consultancy that leverages global talent and a metrics-driven approach to turn business opportunities into software solutions. Our full-service, dedicated project teams combine full-stack developers, UX/UI designers and bus...
Revenew International LLC located in Houston, TX, offering Cost Recovery, Cost Recovery Audit, Accounts Payable Audit, Supplier Payment Review, Duplicate Payments Audit, Statement Reviews, Vendor Master, Performance Improvement and Cost Containment ser...
Accounting and Finance Software
Configure One's CPQ software empowers manufacturers to configure, price, & quote complex products no matter the complexity of the product.
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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.