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As of Jan 2020, these 5 SaaS companies are the largest in the Automotive Service Software space.

The Top Automotive Service Software SaaS Companies

This list tracks the largest private B2B Automotive Service Software SaaS companies by revenue. In total, this list features 5 companies with combined revenues of $24.6M.

These companies have raised a total of $1.8M. Together, these Automotive Service Software saas companies serve 0 customers and employ over 578 on their teams.

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Highlights

Top SaaS Companies with $1 - $5M ARR


Top SaaS Companies with $5 - $10M ARR


Top SaaS Companies with $10M+ ARR


02
NS
Noesis Solutions

Automotive Service Software

Provider of simulation process integration and design optimization software. The company develops and manufactures PIDO tools for the computers, automotive, aerospace and other engineering-intense industries.

$1M
-
-
22
2003
Belgium
03
HUDWAY
HUDWAY

Automotive Service Software

Provider of a car accesssory designed to turn smartphones into a professional head-up display in any car. The company's car accesssory Hudway Glass permits using any head-up display app on any mobile device both in poor visibility and on a clear day, enabling drivers to keep their eyes focused on roads insead of darting around at GPS.

$1M
$2M
-
16
2013
United States
04
R
Revvo

Automotive Service Software

Developer of smart sensors for vehicle tires designed to monitor tires while a vehicle is on the road. The company's sensors are powered by artificial intelligence that are embedded inside the tire, which generate a real-time feed of a tire's condition and performance by capturing thousands of data points per second from the interior of the tire which is sent to the cloud via an application on the driver's phone, enabling drivers to predict tire health, thereby improving vehicle safety and performance.

$577K
-
-
12
2018
United States
05
PS
Prova Systems

Automotive Service Software

Developer of a fleet management application intended to streamline fleet management operations. The company's software helps manage maintenance schedules, expenses, fuel expenses, reporting, idle time, speeding, offers GPS tracking, asset management and more, helping companies reduce operating expenses and increase profits.

$47K
-
-
2
2010
United States
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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.