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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

01
$5M
$17M
-
51
2016
United States
02
AAI
Anota AI

Artificial Intelligence Software

develops artificial intelligence solutions for restaurants

$5M
$9K
-
59
2018
Brazil
03
D
Daftcode

Artificial Intelligence Software

Daftcode is a Polish venture builder. We create enterprises from the start, transforming bold ideas into fast-growing products and businesses. We use our expertise and resources to create cutting-edge technologies that influence or disrupt established business models with new ideas, creating future revenue streams. We go beyond investing in tech companies. We actually establish them. And our ventures have a clear advantage over startups that are developed other ways. Our portfolio of ventures includes i.e.: Nethone – the global leader in AI-powered KYU (Know Your Users), providing top-class fraud prevention and customer intelligence solutions; Straal – an everything-payments one-stop-shop for online and omnichannel merchants of any size; Skriware – a comprehensive educational ecosystem that uses 3D printing to teach interdisciplinary STEAM skills; Indoorway – a smart, outstandingly accurate indoor positioning and traffic analysis solution; Performante – a 360 digital marketing agency

$5M
$14M
900
78
2011
Poland
04
FB
FieldBox.ai

Artificial Intelligence Software

FieldBox.ai helps industries dramatically improve operational efficiency by deploying artificial intelligence in the heart of factories.

$5M
-
100
95
2011
France
05
S
Satalia

Artificial Intelligence Software

Provider of algorithm and optimization software. The company creates and sells a software platform that provides companies with new academic algorithms to optimize workplace scheduling and vehicle routing logistics, infrastructure planning, and verification of software.

$5M
$566K
-
82
2008
United Kingdom
06
SS
SatSure

Artificial Intelligence Software

SatSure is an innovative decision analytics company.

$5M
-
-
50
2027
India
07
B
Basemark

Artificial Intelligence Software

Rocksolid(R) by Basemark is the brain of the autonomous driving vehicle

$5M
$111M
-
54
2015
Spain
08
D
Drips.com

Artificial Intelligence Software

Developer of performance marketing software intended to help clients increase lead conversions. The company's performance marketing software designs, coordinates, and automates drip campaigns and leverages the power of voice, SMS, and email within message360 to transform client's leads into customers, enabling companies to monetize and convert leads better.

$5M
-
-
84
2017
United States
09
S
Spencer

Artificial Intelligence Software

Developer of a mobile workplace assistant intended to provide a digital personal assistant for employees. The company's platform combines information and actions from scattered tools and applications into a single digital platform in order to guide employees and improve productivity, enabling employees in handling everything from managing schedules to requesting holiday leave, calling in sick and uploading doctor's note.

$5M
$3M
-
78
2016
Belgium
10
GC
Gradient Cyber

Artificial Intelligence Software

Gradient is a cybersecurity products and services company that visualizes an organization's cybersecurity health.

$5M
$16M
-
46
2017
United States
1 - 10 of 471Next

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.