Top SaaS Companies in Wisconsin

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

These are the top SaaS companies in Wisconsin, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Wisconsin by featuring these 40 companies with combined revenues of $209.3M.

Together, Wisconsin SaaS companies employ over 2K employees, have raised $27.9M capital, and serve over 2K customers around the world.

$0 - $1M ARR
  1. B/2BNOW $801.7K
  2. LaneHub $691.5K
$1M - $5M ARR
  1. Montage $4.6M
  2. AkitaBox $4.2M
  3. Ionic $3.6M
$5M - $10M ARR
  1. Mrr Soft $7.1M
$10M+ ARR
  1. Pegex $14.4M
  1. 01
    Redoxengine|Redox

    Redoxengine|Redox

    Healthcare Software

    Connect to any EHR at any health system through a single API platform. Redox provides an integration layer to securely and efficiently exchange healthcare data. Healthcare Organizations and Technology Vendors connect to Redox once and can share data wi...|

    $119M

    $147M

    200

    174

    2014

    Wisconsin

  2. 02
    IOD Incorporated

    IOD Incorporated

    Healthcare Software

    Provider of health information management services and solutions to hospitals and physician clinics in the United States. The company provides outsourcing services to facilitate on-line availability, retrieval, and delivery of medical record documents; doc

    $16M

    $35M

    0

    396

    1996

    Wisconsin

  3. 03
    Pegex

    Pegex

    Workforce Management Software

    digital transformation of waste industry

    $14M

    $15M

    2K

    42

    2012

    Wisconsin

  4. 04
    Quest Analytics

    Quest Analytics

    Analytics Software

    Provider of commercial software development and consulting services for hundreds of health plans, consultants, and government agencies in the healthcare industry. The company's software suite conduct network access, disruption, and adequacy analysis and st

    $10M

    0

    143

    2003

    Wisconsin

  5. 05
    Mrr Soft

    Mrr Soft

    E Commerce Software

    Provider of a SaaS based product configurator and eCommerce platform intended to provide product personalization service. The company's platform provides product customization and configuration engine for eCommerce, product information management service,

    $7M

    0

    147

    2014

    Wisconsin

  6. 06
    Moxe Health

    Moxe Health

    Healthcare Software

    Developer of a clinical data integration platform designed to streamline the exchange of clinical data between health plans and provider systems. The company's platform provides interactive network that seamlessly deliver the right information at the right

    $5M

    $6M

    0

    56

    2011

    Wisconsin

  7. 07
    Montage

    Montage

    Talent Management Software

    Montage is the single solution to engage, interview, and hire better candidates, faster. The company partners with many of the world’s most well-respected brands, including 100 of the Fortune 500, to create the high-tech, high-touch hiring experience the

    $5M

    $28M

    0

    50

    2007

    Wisconsin

  8. 08
    AkitaBox

    AkitaBox

    Construction Software

    Developer of a facility management software intended to automate the manual maintenance processes. The company's facility management software develops an application for storing, retrieving and integrating facility information and data, enabling clients to

    $4M

    $1M

    0

    66

    2015

    Wisconsin

  9. 09
    Ionic

    Ionic

    Development Software

    Developer of an open source mobile software development kit (SDK) designed to create web-based applications. The company's mobile software development kit (SDK) compiles and redeploys applications onto any platform, enabling web developers to access a sing

    $4M

    $26M

    0

    58

    2012

    Wisconsin

  10. 10
    FactoryFix

    FactoryFix

    Information Technology Software

    Developer of a data-driven platform designed to connect manufacturing businesses with skilled workers. The company's platform helps manufacturing companies to hire vetted, industrial skilled labor professionals by the hour, whenever they need help, enablin

    $3M

    $2M

    0

    39

    2014

    Wisconsin

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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.