This list tracks the largest private B2B Automotive SaaS companies by revenue. In total, this list features 26 companies with combined revenues of $158.9M.
These companies have raised a total of $586.1M. Together, these Automotive saas companies serve 400K customers and employ over 4K on their teams.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Provider of service development services in telecommunications, transport, energy and technological infrastructure markets. The company provides design and implementation services in telecommunications, including turnkey mobile networks, broadcast networks and fixed networks; transportation, including rail, public transport, roads and airports; energy systems, including overhead and underground transmission lines, electromagnetic compatibility, wind farms and energy efficiency; technological infrastructure, including electrical systems and facility management; cloud-based services, including software as a service (SaaS), managed services and network security and environmental quality, including air-pollution abatement.
Developer of clean energy products created to help cities operate in a smarter, cleaner and more sustainable way. The company's main product is an electric scooter that utilizes rechargeable smart batteries, along with a dedicated app that shows where customers can exchange and recharge their batteries, enabling cities to reduce pollution and operate in a cleaner way.
Developer of vehicle-to-Government technological innovator intended to transform interactions between the private sector and government agencies. The company's range of offerings includes developing innovative process management SaaS solutions, including electronic registration and titling (ERT) platforms, thereby providing cutting edge services to the government agencies and motor vehicle industry.
Developer of software and SaaS platform intended to increase the effectiveness of the automotive sales chain. The company's software services range from back-end automation systems that enable dealer-to-OEM vehicle ordering to data-driven consumer-focused interactive marketing initiatives such as brand websites, dealer websites, dealership sales tools and mobile solutions.
Click... Click... Car!
Provider of a digital merchandising platform designed to offers automotive dealers, OEMs and online marketplaces, advanced platform for digital automotive merchandising. The company's platform builds trust between buyers and sellers by bringing the physical showroom experience to car shoppers wherever and whenever they want and tracks shopper behavioral data, enabling dealers to deliver hyper-personalized interactions across the entire car shopping journey.
imove is a mobility concept that eases the life of car owners, users of public transportation and other forms of transportation. It also builds an eco system for the traveller - building value for both the customer and imoveâ€™s partners. In the autumn of 2018 imove launched a car subscription service that gives the user full flexibility and no hassle. Benefits for the user includes access to a fleet of attractive electrical cars for everyday use, and the flexibility to change to another car such as a SUV when they want to. imove is a new generation cartech company, filled with tech-savvy people passionate about cars. We focus on simplicity, transparency, flexibility and being environmentally friendly.
Provider of non-asset based and customized end-to-end ocean, trucking and air freight forwarding services for the automotive, food, household goods and furniture industries. The company's logistics services use cloud-based technology, allowing it to offer real-time shipment visibility, forecasting and control throughout the supply chain, enabling businesses to solve their supply chain challenges efficiently.
CarServ is a SaaS solution for the automotive repair industry.
Developer of a charging management platform designed to offer electric vehicle charging network. The company's software platform offers operations management, grid management, user management, public and workplace charging management as well as various advanced billing capabilities and driver applications, enabling electric vehicle (EV) charging network operators to efficiently manage and develop their infrastructure to provide the best service to their customers.
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.