Top SaaS Companies in Massachusetts

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

These are the top SaaS companies in Massachusetts, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Massachusetts by featuring these 67 companies with combined revenues of $2.9B.

Together, Massachusetts SaaS companies employ over 16K employees, have raised $1.4B capital, and serve over 521K customers around the world.

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

            NETSCOUT

            Security Software

            NETSCOUT Systems, Inc. is a provider of application and network performance management products.

            $910M

            0

            3K

            1984

            Massachusetts

          2. 02
            Toast|Toast Tab

            Toast|Toast Tab

            Vertical Industry Software

            Toast is an all-in-one point-of-sale and restaurant management platform for businesses in the foodservice and hospitality space. As a cloud-based system built specifically for restaurants, Toast offers advanced functionality including tableside ordering, q

            $261M

            $902M

            10K

            2K

            2011

            Massachusetts

          3. 03
            Bullhorn

            Bullhorn

            Talent Management Software

            Start-to-finish software for the staffing industry

            $220M

            $32M

            11K

            1K

            1999

            Massachusetts

          4. 04
            DataRobot

            DataRobot

            Development Software

            DataRobot is the leader in enterprise AI, delivering trusted AI technology and ROI enablement services to global enterprises competing in today‚ Intelligence Revolution. DataRobot‚ enterprise AI platform democratizes data science with end-to-end automation

            $210M

            $701M

            400

            1K

            2012

            Massachusetts

          5. 05
            Fuze

            Fuze

            Collaboration & Productivity Software

            Fuze is a global, cloud-based unified communications platform that empowers productivity and delivers insights across the enterprise by enabling simplified business voice communications, flexible video conferencing, and always-on collaboration. Formerly Th

            $200M

            $480M

            2K

            789

            2006

            Massachusetts

          6. 06
            Semrush

            Semrush

            SEO Software

            Online Visibility Management software

            $125M

            $40M

            67K

            800

            2008

            Massachusetts

          7. 07
            Kaminario

            Kaminario

            Information Technology Software

            Kaminario is the leader in enterprise all-flash storage, redefining IT standards for storage agility, scalability, performance and cost efficiency.

            $100M

            $225M

            1K

            250

            2008

            Massachusetts

          8. 08
            Smartbear

            Smartbear

            Development Software

            Testing and Development teams around the world use SmartBear's automation, development and monitoring tools to build better software and applications.

            $100M

            $2M

            10K

            553

            2003

            Massachusetts

          9. 09
            TraceLink

            TraceLink

            Supply Chain & Logistics Software

            TraceLink is the World’s Largest Track and Trace Network for connecting the Life Sciences supply chain and eliminating counterfeit prescription drugs from the global marketplace. Leading businesses, including 16 of the top-20 global pharmaceutical compan

            $89M

            $234M

            1K

            663

            2009

            Massachusetts

          10. 10
            Predictiveindex

            Predictiveindex

            HR Software

            PI helps managers increase engagement through understanding their employees. Learn how to refine your company, grow your team, and develop leaders with PI.

            $80M

            $71M

            8K

            367

            1955

            Massachusetts

          1-10 of 28

          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.