These are the top SaaS companies in North Carolina, United States. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for North Carolina by featuring these 124 companies with combined revenues of $604.7M.
Together, North Carolina SaaS companies employ over 7K employees, have raised $94.6M capital, and serve over 766K customers around the world.
CRM and Related Software
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Provider of test preparation software for medical examinations. The company's test preparation software for medical examinations enables medicine students in preparing with SaaS-based outcome-driven exam preparation techniques while making the learning pro
Artificial Intelligence Software
Automated Insights produced 300 million pieces of content in 2013, which Mashable reported was greater than the output of all major media companies combined.
Developer of enterprise maintenance management software intended to maximize equipment uptime and automate their maintenance management operations. The company offers its enterprise asset management and computerized maintenance management system to various
Digital Advertising Platforms
Adzerk's APIs make it easy for engineers and PMs to quickly design, build, and launch a fully-customized, server-side ad server|Hi! The major change here is that we have rebranded from Adzerk to Kevel. Is it possible to update our listing (including the sl
Provider of a software designed to solve problems and respond to the needs of customers. The company's software develops web-based services that increase efficiency and helps to reduce costs through real-time adjudication of claims, electronic funds transf
Financial Services Software
Provider of digital banking services. The company's digital banking services are based on advanced cloud-based banking technologies across multiple platforms, enabling customers to make digital payments and transfer funds as per requirement.
CRM and Related Software
Stratifyd = Big Data + AI
Collaboration & Productivity Software
Provider of collaboration software for athletic organizations designed to provide tools and services that help groups of people work together. The company's software manages athletic teams, departments and organizations across the country to improve the wa
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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.