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- Application Development Software
The Top Application Development Software SaaS Companies
As of Jan 2020, these 125 SaaS companies are the largest in the Application Development Software space. (Click to apply)
This list tracks the largest private B2B Application Development Software SaaS companies by revenue. In total, this list features 125 companies with combined revenues of $3.4B.
These companies have raised a total of $120.5M. Together, these Application Development Software saas companies serve 1M customers and employ over 33K on their teams.
- Unqork $1.0M
- Genymobile $1.0M
- Zudy $1.0M
- tenjin $1.0M
- DronaHQ $1.0M
- Kdan-Mobile $9.6M
- Skuid $9.1M
- LeadDesk $8.7M
- Bombayworks $8.1M
- Accedia JSC $7.1M
- Workday $1.1B
- DigitalOcean $357.0M
- Okta $325.6M
- Appian $200.0M
- Icertis $165.0M
- 01
Workday
Application Development Software
Workday is a software-as-a-service provider that offers enterprise resource planning software for medium and large enterprises. The firm's roots are in ERP software vendor PeopleSoft, which was founded by Workday cofounder David Duffield, while fellow Work
$1B
—
—
14K
2005
Application Development Software
- 02
DigitalOcean
Application Development Software
DigitalOcean is a cloud computing platform that provides a cloud platform to deploy, manage, and scale applications of any size. Its infrastructure and platform-as-a-service solutions provide a no DevOps required experience, allowing developers to focus th
$357M
$455M
700K
619
2012
Application Development Software
- 03
Okta
Application Development Software
Okta Inc is an independent provider of identity for the enterprise. It pioneered identity in the cloud. The Okta Identity Cloud enables customers to secure their users and connect them to technology, anywhere, anytime and from any device. The Okta Identity
$326M
—
—
4K
2009
Application Development Software
- 04
Appian
Application Development Software
Discover the power of low-code automation. Appian is the only leader recognized by industry analysts -- in automation, low-code, and case management.
$200M
$48M
—
1K
1999
Application Development Software
- 05
Icertis
Application Development Software
Icertis is an enterprise contract management platform in the cloud that solves hard contract management problems on an easy to use platform. With Icertis, companies can accelerate business by increasing contract velocity, protect against risk by ensuring r
$165M
$291M
160
1K
2009
Application Development Software
- 06
Out Systems
Application Development Software
OutSystems, a modern application platform that enables organizations of all sizes to deftly tackle any kind of critical application - from legacy modernization and workplace innovation to customer experience transformation.
$145M
$572M
—
2K
2001
Application Development Software
- 07
TechValidate Software
Application Development Software
Developer of marketing automation software for electronics, finance, telecom, healthcare, and other sectors. The company's web-based software platform automates the creation of marketing content based on the voice of real users by collecting and transformi
$133M
—
—
2K
2007
Application Development Software
- 08
Bandwidth
Application Development Software
Bandwidth is a Communications Platform as a Service company.
$100M
$21M
—
836
1999
Application Development Software
- 09
Kolibri Games
Application Development Software
Kolibri Games – A mobile games studio aspiring to be the most player-oriented games company in the world.
$92M
$19M
—
132
2016
Application Development Software
- 10
UserZoom
Application Development Software
Provider of consultancy and usability analysis services. The company provides a data-driven platform to test usability and measure user experience (UX). It focuses on assisting businesses in gaining actionable insights, scaling their user research and boos
$80M
$100M
—
317
2007
Application Development Software
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NextWhat 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.