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As of Jan 2020, these 1,423 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 1423 companies with combined revenues of $12.8B.

These companies have raised a total of $21.3B. Together, these Artificial Intelligence Software saas companies serve 4B customers and employ over 79K on their teams.

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Highlights

02
C
Cognigy

Artificial Intelligence Software

Cognigy is the leading Enterprise Conversational AI Platform for customer & employee support process automation.

$9M
$55M
1K
70
2016
Germany
03
P
Phrasee

Artificial Intelligence Software

Phrasee is AI that specializes in language generation for email marketing, push, and Facebook copy.

$9M
-
-
72
2015
United Kingdom
04
C
Contents

Artificial Intelligence Software

Contents.com is a tech company that developed an artificial intelligence platform based on a perfect cycle of interaction between data analysis and machine learning systems that makes access to data easier for everyone. Contents.com provides solutions for every online business and customers. Through a proprietary algorithm-based software, Contents.com guarantees specific advanced tools for any needs: all in one unique application platform. Contents.com was founded in 2017, currently the company is present in 4 countries: Italy, Spain, France and UK.

$9M
$14M
100K
107
2017
Canada
05
LD
LevaData

Artificial Intelligence Software

Revolutionizing how enterprises make sourcing decisions by using Artificial Intelligence

$9M
$66M
-
92
2013
United States
06
RT
RazorThink

Artificial Intelligence Software

Provider of enterprise AI systems created to improve predictive customer insight beyond what is possible with human data scientists. The company's platform generates expert deep learning AIs that predict customer behavior for companies with accuracy, enabling businesses to perform high-capacity decision-making and augment human knowledge with just-in-time intelligence.

$9M
-
-
106
2016
United States
07
P
Pype

Artificial Intelligence Software

Pype provides innovative construction software solutions for General Contractors that enable teams to start projects faster & closeout stronger.

$9M
$6M
-
55
2013
United States
08
T
Tooploox

Artificial Intelligence Software

Tooploox is a software development studio specializing in artificial intelligence, mobile and web development.

$9M
-
-
149
2012
Poland
09
D
Deepgram

Artificial Intelligence Software

Provider of an AI-based speech-to-text search platform created to understand human speech. The company's end-to-end deep learning speech recognition system searches for keywords in transcripts by both sound and text within audio and video files, used for transcribing calls, meetings and voicemails for searchable notes, providing businesses with a fast, high accuracy speech-to-text on an easy-to-use API at affordable prices.

$9M
$39M
-
116
2015
United States
10
K
Kontakt.io

Artificial Intelligence Software

Kontakt.io Inc. is the global leader in Bluetooth® LE IoT devices and indoor location solutions that connect people, locations, and things.

$9M
$21M
-
73
2013
United States
1 - 10 of 78Next

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.