Top SaaS Companies in NC

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

These are the top SaaS companies in NC, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for NC by featuring these 29 companies with combined revenues of $559.2M.

Together, NC SaaS companies employ over 3K employees, have raised $0.0 capital, and serve over 2M customers around the world.

$0 - $1M ARR
  1. BrightDoor $947.7K
  2. SlickEdit $929.6K
$5M - $10M ARR
  1. First $5.5M
$10M+ ARR
  1. Bandwidth $343.1M
  2. Passport $22.6M
  1. 01
    Bandwidth

    Bandwidth

    Application Development Software

    Bandwidth is a Communications Platform as a Service company.

    $343M

    $21M

    600

    836

    1999

    NC

  2. 02
    ChannelAdvisor

    ChannelAdvisor

    E-Commerce Software

    ChannelAdvisor Corp. is an e-commerce company based in Morrisville, North Carolina.

    $145M

    $81M

    2M

    820

    2001

    NC

  3. 03
    Passport

    Passport

    E-Commerce Software

    Our mobility software platform enables real-time coordination of all transportation modes. Mobile pay parking, digital permits, enforcement, micro-mobility.

    $23M

    $124M

    0

    326

    2010

    NC

  4. 04
    Integration Point

    Integration Point

    Risk & Compliance Software

    Provider of global trade management platform intended to help manage global trade operations anywhere at any time for aerospace, automotive, energy, retail, and other industries. The company's cloud-based solution offer integrated global regulatory require

    $10M

    0

    126

    2002

    NC

  5. 05
    Asteor-Software

    Asteor-Software

    Information Technology & Services

    $6M

    0

    73

    2009

    NC

  6. 06
    ServiceTrade

    ServiceTrade

    Field Service Management Software

    Mobile and web-based field service management software to streamline operations, improve technician productivity and give an amazing customer experience.

    $6M

    $34M

    0

    75

    2012

    NC

  7. 07
    First

    First

    Real Estate Software

    Get started with First, the only mobile app designed exclusively to help real estate agents win more business from their network. With First you can build a better database, find your likely sellers, and master your follow-up.

    $5M

    $8M

    0

    67

    NC

  8. 08
    Source-Technologies

    Source-Technologies

    Financial Services Software

    Are you looking for MICR or Self-Service Kiosk solution? Source Technologies offer a wide variety of hardware and software solutions to help your business.

    $5M

    $22M

    0

    72

    1986

    NC

  9. 09
    FrogSlayer Software

    FrogSlayer Software

    Lead Generation Services

    Frogslayer is a custom software development and digital innovation firm. Clients partner with Frogslayer to rapidly build, launch, and scale forward-leaping, industry-shattering software products and digital platforms that create new revenue streams and so

    $4M

    0

    48

    2005

    NC

  10. 10
    Contractor Compliance

    Contractor Compliance

    Enterprise Software

    Contractor Compliance was born out of the idea that there had to be a different way to manage third party contractor compliance requirements. Dealing with overflowing folders & spreadsheets, spending hours tracking down contractors information, and struggl

    $2M

    0

    23

    2015

    NC

1-10 of 30

Next

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.