These are the top SaaS companies in Massachusetts, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Massachusetts by featuring these 61 companies with combined revenues of $1.2B.
Together, Massachusetts SaaS companies employ over 6K employees, have raised $1.1B capital, and serve over 456K customers around the world.
Start-to-finish software for the staffing indust
Carbon Black, Inc. is a cybersecurity company ba
Online Visibility Management software
Kaminario is the leader in enterprise all-flash
Testing and Development teams around the world u
PI helps managers increase engagement through un
Email marketing from GetResponse. Send email new
CloudHealth Technologies is a privately held sof
Authoring and Publishing Software
Market your videos and shows
Talent Management Software
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55 bootstrapped companies made the 2019 list compared to 102 funded companies that have raised $2.8 billion in total.
These bootstrapped founders should be very proud. They found creative ways to drive growth without having to sell big chunks of their company for equity.
53 of these bootstrapped CEO’s are not located in San Francisco or New York.
All except 6 of the 55 are profitable as of December 2019.
90 of these companies have net revenue retention greater than 100%. This means their upsell and expansion revenue from historical customers more than makes up for any lost revenue from those same customers.
34 of these companies have net revenue retention between 80-99%.
The companies with net revenue retention under 80% annually share a common theme in that only 2 out of the 29 companies have any expansion revenue at all.
Many of these companies simply haven’t added a second product to upsell, or don’t rely on utility based upselling. Expect their growth to expand in 2020 as many of them have expansion revenue in their strategic plans.
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