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As of Jan 2020, these 1,413 SaaS companies are the largest in the Artificial Intelligence Software space.

The Top Artificial Intelligence Software SaaS Companies

This list tracks the largest private B2B Artificial Intelligence Software SaaS companies by revenue. In total, this list features 1413 companies with combined revenues of $12.6B.

These companies have raised a total of $20.8B. Together, these Artificial Intelligence Software saas companies serve 4B customers and employ over 78K on their teams.

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Highlights

01
$2B
$5M
12K
50
2011
United States
02
VSI
Verint Systems Inc

Artificial Intelligence Software

Verint Systems provides Actionable Intelligence solutions for enterprise workforce optimization and security intelligence.

$1B
$200M
10K
4K
1994
United States
03
LMI
LogMeIn

Artificial Intelligence Software

LogMeIn provides SaaS-based remote connectivity, collaboration, and support solutions for businesses and consumers.

$1B
$30M
2M
2K
2003
United States
04
P
Palantir

Artificial Intelligence Software

Palantir offers software applications designed for integrating, visualizing, analyzing data, and fighting fraud.palantir.com

$745M
$3B
460
2K
2003
United States
05
U
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, schedule, monitor and manage Robots and processes.

$580M
$2B
8K
45
2005
United States
06
RSI
R Systems Inc.

Artificial Intelligence Software

R Systems is a specialized IT Services & Solutions and IT-enabled Services provider catering to a wide range of global customers.

$399M
-
-
5K
1993
United States
07
C
Clofus

Artificial Intelligence Software

Clofus is a software company that delivers artificial intelligence teaching and learning solutions for schools, colleges and universities.

$378M
-
-
8
2016
India
08
Y
Yext

Artificial Intelligence Software

Yext is a knowledge engine platform that helps brands deliver official answers.

$299M
$118M
-
4K
2006
United States
09
RTBH
RTB House

Artificial Intelligence Software

Technology Powered by Deep Learning

$260M
-
-
740
2013
Poland
10
TT
Tavant Technologies

Artificial Intelligence Software

It prides itself on its traditions of engineering and process excellence coupled with high employee and customer satisfaction levels. Its unique best-shore delivery model provides close onsite interaction with customers and a strong process-oriented offshore team. At all levels, its employees continually interact to provide a superior outsourcing experience to customers.

$223M
$16M
150
2K
2000
United States
1 - 10 of 1,368Next

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.