These are the top SaaS companies in New Jersey, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for New Jersey by featuring these 82 companies with combined revenues of $657.1M.
Together, New Jersey SaaS companies employ over 12K employees, have raised $20.3M capital, and serve over 410M customers around the world.
Website Operations Platform for Drupal & WordPress
Developer of an Internet-based videoconferencing tool designed to visually connect to the world. The company's video conferencing tool provides a software communication and collaboration platform that can be customized for healthcare, government and educat
Multichannel Inventory and Order Management System
Provider of integrated content archiving software services. The company develops archive software which is used by large, medium and small organizations globally to meet and exceed their requirements for Enterprise Information Archiving. The company's soft
Business Management Software
Developer of a cloud based business software designed to help businesses increase profits. The company's cloud based business software provides access to health benefits, flexible benefits, career connections, 401(K) integration, cobra administration and w
Event Management Software
Provider of digital community guides intended to connects parents to local events. The company's guides connect suburban parents to family friendly events, business and to other parents as wella sprovide coupons, promos and other deals being offered, enabl
Video Solution Software
Developer of multi-source intelligence systems over Internet protocol (IP) networks. The company offers IP-based security operations center, network video management systems, and surveillance systems. It also provides access control, alarm monitoring, grap
Financial Services Software
Provider of web based front and middle-office technology solutions to the financial services industry.
Information Technology Software
Developer of an industrial Internet of Things (IIoT) technology platform designed to simplify digitizing, tracking and managing of physical assets and the processes that impact them. The company's system offers a comprehensive platform that integrates with
The company primarily operates in the Software industry. MavenVista Technologies Pvt Ltd was founded in 2003 and is headquartered in Middlesex, NJ. Similar Companies include Quantivate, Akeneo, and Jaggaer among others.
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.
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.