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As of Jan 2020, these 131 SaaS companies are the largest in the Blockchain Software space.

The Top Blockchain Software SaaS Companies

This list tracks the largest private B2B Blockchain Software SaaS companies by revenue. In total, this list features 131 companies with combined revenues of $223.8M.

These companies have raised a total of $435.1M. Together, these Blockchain Software saas companies serve 1B customers and employ over 3K on their teams.

Divider

Highlights

02
U
Unbanked

Blockchain Software

Banking services built on blockchain, allowing easy on and off ramps for digital currencies.

$20M
$1M
-
38
2017
United States
03
SLI
SoluLab Inc

Blockchain Software

SoluLab Inc is leading Mobile and Website development & Blockchain Development company, started by ex principal software architect of Citrix

$15M
-
500
227
2014
United States
04
PL
Protocol Labs

Blockchain Software

IPFS -- new hypermedia distribution protocol to replace HTTP (git + bittorrent) Filecoin -- crypt...

$13M
$3M
-
130
2014
United States
05
N
Nansen

Blockchain Software

Blockchain analytics platform for crypto professionals and investors

$8M
$88M
-
91
2020
United States
06
BTCC
BTCC

Blockchain Software

Developer of a trading platform designed to facilitate buying and selling of Bitcoins. The company's trading platform offers digital currency exchange, a mining pool, payment processing and consumer wallets, enabling users to exchange bitcoins securely and efficiently.

$7M
$5M
6M
118
2011
United Kingdom
07
K
Krust

Blockchain Software

Krust incubates innovative startups that are building the next generation of groundbreaking technology applications. By enabling their growth and supporting their global expansion, we aim to contribute to the innovation of humanity.

$6M
-
-
53
2021
Singapore
08
A
Accredify

Blockchain Software

Accredify retrieves data to create verifiable documents that are tamper-proof and traceable back to the source.

$6M
$2M
-
23
2019
Singapore
09
BW
BlocWatch

Blockchain Software

Monitoring blockchain applications

$6M
$6M
-
8
2018
United States
10
MT
Marzex Technologies

Blockchain Software

We specialise in developing Artificial Intelligence, Blockchain and financial systems..We are launching Sermo and AI-powered interviewing platform by the end of August. This year marks the first year of Asia's first successful blockchain powered election platform powered by us, Elijre.

$4M
-
6
46
2020
Germany
1 - 10 of 131Next

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.