Top SaaS Companies in Maryland

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

These are the top SaaS companies in Maryland, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Maryland by featuring these 15 companies with combined revenues of $107.9M.

Together, Maryland SaaS companies employ over 968 employees, have raised $72.1M capital, and serve over 62K customers around the world.

$0 - $1M ARR
    $1M - $5M ARR
      $5M - $10M ARR
        $10M+ ARR
          1. 01
            SocialSolutions

            SocialSolutions

            Digital Analytics Software

            Easy-to-use software for nonprofit and public sector organizations to track data, manage cases and measure outcomes.

            $50M

            $71M

            0

            289

            2000

            Maryland

          2. 02
            Teamwork

            Teamwork

            Collaboration & Productivity Software

            com is an Irish, privately owned, developer-led web-based company based in Cork, Ireland.

            $31M

            20K

            408

            2007

            Maryland

          3. 03
            Calltrackingmetrics

            Calltrackingmetrics

            Call Tracking Software

            Call tracking software to track online and traditional advertising. Know which ads are working, which agents are performing, and make the most of every call.

            $14M

            30K

            57

            2012

            Maryland

          4. 04
            Core-Apps

            Core-Apps

            CRM and Related Software

            Software to the event industry

            $7M

            2K

            50

            2009

            Maryland

          5. 05
            Visme

            Visme

            Office Software

            Make Professional Presentations & Infographics Online with Visme's amazingly simple free tool with 1000's of templates & graphics. Publish Online or Download for offline use.

            $2M

            8K

            42

            2012

            Maryland

          6. 06
            Teambuildr

            Teambuildr

            Customer Success Software

            software for strength coaches

            $1M

            1K

            11

            2013

            Maryland

          7. 07
            Execvision

            Execvision

            CRM and Related Software

            DomainMarket.com sells premium domain names to entrepreneurs, businesses, and nonprofits that want to dominate their online marketplaces, and perpetually control great brands.

            $850K

            $8M

            50

            49

            2015

            Maryland

          8. 08
            Referralrock

            Referralrock

            Demand Generation Software

            Referral program software for any business|Word of mouth on autopilot

            $840K

            200

            15

            2015

            Maryland

          9. 09
            Next In Line

            Next In Line

            Online Appointment Scheduling Software

            Veterinary Appointment Scheduling

            $240K

            $225K

            0

            5

            Maryland

          10. 10
            Noteaffect|NoteAffect

            Noteaffect|NoteAffect

            Collaboration & Productivity Software

            Student engagement and retention software|Meeting-Master makes business meetings better

            $192K

            500

            12

            2019

            Maryland

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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.