Top SaaS Companies in NJ

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

These are the top SaaS companies in NJ, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for NJ by featuring these 13 companies with combined revenues of $96.9M.

Together, NJ SaaS companies employ over 2K employees, have raised $0.0 capital, and serve over 0 customers around the world.

$0 - $1M ARR
  1. OpenVault $1.0M
  2. d2i $1.0M
$1M - $5M ARR
  1. Ranorex $3.1M
$5M - $10M ARR
    $10M+ ARR
    1. AvePoint $50.0M
    2. WorkWave $22.6M
    1. 01
      AvePoint

      AvePoint

      Collaboration & Productivity Software

      AvePoint is an independent software vendor and manufacturer, headquartered in Jersey City, New Jersey and founded in 2001.

      $50M

      $200M

      0

      1K

      2001

      NJ

    2. 02
      WorkWave

      WorkWave

      Field Service Management Software

      Save time & money on back-office, routing, and field operations with WorkWave's business management software. Get more time back for you & your team!

      $23M

      $7M

      0

      273

      1984

      NJ

    3. 03
      bexio

      bexio

      Accounting and Finance Software

      bexio. Business software for small businesses, startups and self-employed individuals ✔ Online access from any place ✔ Swiss quality ✔ Test now for 30 days free of charge!

      $8M

      $13M

      0

      101

      2013

      NJ

    4. 04
      Ranorex

      Ranorex

      Development Software

      Ranorex Studio is a GUI test automation framework provided by Ranorex GmbH, a software development company.

      $3M

      0

      34

      2007

      NJ

    5. 05
      CyberShift

      CyberShift

      Security Software

      Global leaders in providing critical workforce and expense management solutions that help organizations optimize the resources needed to deliver their products.

      $2M

      0

      22

      1996

      NJ

    6. 06
      Agrimap

      Agrimap

      Agriculture Software

      'The farming app'

      $1M

      $991K

      0

      1

      2008

      NJ

    7. 07
      Inpensa

      Inpensa

      Business Management Software

      Inpensa's easy to use Digital Business Case Management Platform helps professionals make & manage more timely & effective strategic investment decisions.

      $1M

      $7M

      0

      11

      2011

      NJ

    8. 08
      GLUON

      GLUON

      Vertical Industry Software

      Gluon's platform establishes an interconnected network of vehicles where individuals and businesses can be monitored, tracked, tuned, and diagnosed with issues.

      $1M

      $1M

      0

      1

      2015

      NJ

    9. 09
      Credential-Agent

      Credential-Agent

      Talent Management Software

      Credential Software Service - Credential Agent is inexpensive document management software, or outsourced services, that helps organizations keep their employee or vendors credentials up to date.

      $1M

      0

      1

      2010

      NJ

    10. 10
      BlankPage

      BlankPage

      Real Estate Software

      Keetab is a plattform which wants to achieve to make publishing digital publications (books, magazines, guides, financial reports, product catalogues, real estate portfolios, etc.) as easy as possible! Also we want to lower the entry barrier to digi...

      $1M

      0

      1

      2012

      NJ

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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.