Top SaaS Companies in IL

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

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.

$0 - $1M ARR
  1. Nimbulis $1.0M
  2. ADSHIFT $1.0M
  3. Qooper $1.0M
  4. Ciespace $1.0M
$1M - $5M ARR
    $5M - $10M ARR
    1. Revenew $9.4M
    $10M+ ARR
    1. Relativity $100.0M
    2. Uptake $100.0M
    1. 01
      Relativity

      Relativity

      Legal Software

      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...

      $100M

      $125M

      0

      1K

      2001

      IL

    2. 02
      Uptake

      Uptake

      Digital Analytics Software

      Uptake is the industrial analytics platform that delivers products to major industries to increase productivity, security, safety and reliability.

      $100M

      $218M

      0

      251

      2014

      IL

    3. 03
      ActiveCampaign

      ActiveCampaign

      Marketing Automation Software

      Integrated email marketing, marketing automation, and small business CRM. Save time while growing your business with sales automation.

      $100M

      $120M

      90K

      712

      2003

      IL

    4. 04
      Jellyvision

      Jellyvision

      Healthcare Software

      Build software to explain benefits.

      $60M

      $27M

      1K

      458

      2001

      IL

    5. 05
      ShowingTime

      ShowingTime

      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.

      $25M

      $2M

      0

      278

      1999

      IL

    6. 06
      iManage

      iManage

      Enterprise Software

      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.

      $23M

      0

      800

      2015

      IL

    7. 07
      Cleo

      Cleo

      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.

      $23M

      $4M

      0

      251

      1976

      IL

    8. 08
      Productive-Edge

      Productive-Edge

      Enterprise Software

      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...

      $15M

      0

      172

      2008

      IL

    9. 09
      Revenew

      Revenew

      Procurement Software

      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...

      $9M

      $11M

      0

      104

      2006

      IL

    10. 10
      Configure-One

      Configure-One

      Accounting and Finance Software

      Configure One's CPQ software empowers manufacturers to configure, price, & quote complex products no matter the complexity of the product.

      $7M

      0

      81

      2000

      IL

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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.