These are the top SaaS companies in Montana, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Montana by featuring these 12 companies with combined revenues of $361.4M.
Together, Montana SaaS companies employ over 1K employees, have raised $25.8M capital, and serve over 590K customers around the world.
Novatel Wireless is a telecommunications company that provides intelligent wireless solutions, universal serial bus modems, embedded modules, mobile tracking machines and application software. The company was founded in 1996 and is headquartered in San Die
CRM and Related Software
PFL is the leader in Tactile Marketing Automation, orchestrating digital and tactile marketing for remarkable brand experiences
Artificial Intelligence Software
Consulting services companies for AI
Developer of a training and learning management software designed to manage entire training operation. The company's platform is created specifically for training providers to manage their entire operation from one place, enabling organizations to help man
Customer Service Software
Provider of a cloud-based messaging platform intended to connect customers with enterprises. The company's platform allows consumers to talk and interact with their favorite brands by letting them text or message agents directly via SMS/Text, Facebook Mess
Provider of compliance, testing and materials management software. The company's web-based platform helps to automate and certify compliance requirements, manage colour approval and lab dip tracking, manage materials and testing for development and quality
Provider of a cloud-based healthcare coordination platform designed to improve overall patient experience. The company's platform helps in communication across the care continuum while managing, tracking and analyzing a patient's history and future healthc
Developer of a ticket booking platform intended to deliver the human race a simple and more seamless ticketing experience. The company's platform offers an intuitive cloud based dashboard in order to create and manage events, reach customers directly and v
Information Technology Software
Quadrocopter LLC is an aerial cinematography business in Northwest Montana. Our goal is to provide professional solutions for multi-rotor aerial video and photography. We custom build remote control platforms to suit individual client needs and offer in-ho
Developer of a cloud-based SaaS platform intended to provide data relating to medical drug discovery. The company's software specializes in providing mass spectrometry data processing, analysis, reporting and visualization for every instrument, molecule, a
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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.