The Top Artificial Intelligence Software SaaS Companies

As of Jan 2020, these 34 SaaS companies are the largest in the Artificial Intelligence Software space. (Click to apply)

This list tracks the largest private B2B Artificial Intelligence Software SaaS companies by revenue. In total, this list features 34 companies with combined revenues of $538.2M.

These companies have raised a total of $1.1B. Together, these Artificial Intelligence Software saas companies serve 11K customers and employ over 5K on their teams.

$0 - $1M ARR
  1. Aiqudo $996.0K
  2. Nextorbit $900.0K
  3. Infilect $864.0K
  4. Apres $720.0K
$1M - $5M ARR
  1. Slyce $3.6M
  2. Strayos $2.2M
  3. Zylotech $1.5M
  4. Ambit-Ai $1.4M
  5. Forge $1.2M
$5M - $10M ARR
  1. Censia $6.0M
$10M+ ARR
  1. Uipath $306.0M
  2. Sisense $100.0M
  3. Scale $50.0M
  4. Oliveai $48.9M
  1. 01
    Uipath

    Uipath

    Artificial Intelligence Software

    UiPath Studio – a tool that enables you to design automation processes in a visual manner, through diagrams. UiPath Robot - executes the processes built in Studio, as a human would. UiPath Orchestrator - a web application that enables you to deploy, schedu

    $306.0M

    $2.0B

    6K

    3K

    2005

    Artificial Intelligence Software

  2. 02
    Sisense

    Sisense

    Artificial Intelligence Software

    Sisense is a business analytics software company with offices in New York City, San Francisco, Tel Aviv, London, Melbourne, Tokyo, and Scottsdale, Arizona.

    $100.0M

    $274.0M

    2K

    805

    2004

    Artificial Intelligence Software

  3. 03
    Scale

    Scale

    Artificial Intelligence Software

    High quality training and validation data for AI applications

    $50.0M

    $277.6M

    320

    2016

    Artificial Intelligence Software

  4. 04
    Oliveai

    Oliveai

    Artificial Intelligence Software

    Olive knows that without shared knowledge, health systems are essentially working in the dark. Olive’s unparalleled wisdom across healthcare allows her to shine a new light on the broken processes that stand between providers and exceptional patient care.

    $48.9M

    $455.0M

    600

    520

    2012

    Artificial Intelligence Software

  5. 05
    Automatedinsights

    Automatedinsights

    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.

    $7.2M

    $10.8M

    300

    76

    2008

    Artificial Intelligence Software

  6. 06
    Censia

    Censia

    Artificial Intelligence Software

    $6.0M

    $27.1M

    40

    59

    2017

    Artificial Intelligence Software

  7. 07
    Slyce

    Slyce

    Artificial Intelligence Software

    Visual Search for Retail

    $3.6M

    $10.0M

    60

    60

    2012

    Artificial Intelligence Software

  8. 08
    Strayos

    Strayos

    Artificial Intelligence Software

    Strayos is a 3D visual intelligence platform using AI and drones to reduce cost and improve efficiency in Mining jobsites

    $2.2M

    $650.0K

    22

    11

    2016

    Artificial Intelligence Software

  9. 09
    Zylotech

    Zylotech

    Artificial Intelligence Software

    $1.5M

    $6.0M

    15

    95

    2014

    Artificial Intelligence Software

  10. 10
    Ambit-Ai

    Ambit-Ai

    Artificial Intelligence Software

    Conversational Artificial Intelligence: chat bots

    $1.4M

    $2.4M

    18

    30

    2016

    Artificial Intelligence Software

1-10 of 34

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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.