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.
Provider of a cloud-based document storage platform designed to offer document security services. The company's platform uses built-in encryption, copy protection, watermarking and DRM technology to provide secure access, sharing and distribution of docume
Provider of a security platform intended to improve the security of IoT technologies. The company's platform is a simple, agile and effective security that works transparently with existing or new IoT platforms, enabling security professionals to design an
Provider of a behavioral health data analytics software intended to support the transformation of the management of behavioral healthcare. The company's behavioral health data analytics software offers Mentrics, a software and services that is designed to
Developer of a mobile support management platform designed to offer remote management of smartphone and PC devices. The company's mobile support securely connect to remote devices in the field to efficiently diagnose, remediate, and support apps and device
Provider of business management services for the information technology industry. The company helps organizations to manage and communicate the cost, quality and value of the services they deliver to the enterprises.
Provider of supply chain optimization services. The company offers supply chain business practices packaged as modules for apparel, footwear and softlines retailers, brands and manufacturers. It serves internal teams, suppliers, mills, factories, logistics
Information Technology & Services
Kickass Booze Piñatas Delivered
Provider of sensor based intelligent algorithms and transactions designed to customize services to users. The company's algorithms and transactions offers meaningful extraction using contextual computing algorithms relevant to users where and when they nee
Grow Revenue of Multichannel Sellers
Information Technology Software
Provider of management consulting services intended to contribute to client's success by creating competitive advantage through information technology.The company's services include computer systems validation, software quality assurance, business analysis
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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.