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As of Jan 2020, these 39 SaaS companies are the largest in the Cloud Based Software space.

The Top Cloud Based Software SaaS Companies

This list tracks the largest private B2B Cloud Based Software SaaS companies by revenue. In total, this list features 39 companies with combined revenues of $28.3M.

These companies have raised a total of $83.5M. Together, these Cloud Based Software saas companies serve 15M customers and employ over 698 on their teams.

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Highlights

Top SaaS Companies with $5 - $10M ARR


Top SaaS Companies with $10M+ ARR


02
S
Sable37

Cloud Based Software

Developer of cloud-based industry-specific software created to deliver projects faster and with lower risk, resulting in greater return on investment. The company's software are based on Microsoft's Dynamics 365 platform used for customer segmentation, enabling users in the field of retail and distribution, homebuilding, food manufacturing and government to achieve their goals, solve complex business problems and get the most out of their investment in technology.

$4M
-
-
47
2004
Australia
03
JS
July Systems

Cloud Based Software

Provider of a mobile experience and engagement platform designed to acquire and engage customers. The company's Proximity MX platform offers adaptive mobile engagement and contextual location intelligence services, enabling enterprises to transform the manner of engaging with customers.

$3M
$59M
-
137
2001
United States
04
4
4me

Cloud Based Software

Provider of a SaaS based service management platform designed to help organization's internal and external service providers to collaborate seamlessly. The company's platform is specifically built to support the service integration and management (SIAM) approach to keep track of the service levels in real time, enabling clients to collaborate and make their businesses productive, profitable and minimize their administrative effort.

$2M
$2M
-
39
2010
United States
05
LW
LeaseWorks

Cloud Based Software

Developer of software intended to reduce the time chasing information and more time making decisions. The company provides cloud-based asset management, customer relationship management and other software products, enabling to help airlines and lessors save time, reduce costs, optimize revenue and manage risk.

$1M
-
-
18
2015
United States
06
RPMS
RPM Software

Cloud Based Software

Developer of business process software that focuses on the telecom channel business based in Calgary, Canada. The company offers software which is used for calculating and paying agency commissions in an automated cloud-based system

$1M
-
15M
16
2001
Canada
07
S
Sharesight

Cloud Based Software

Developer of a cloud-based portfolio management application designed to assist investors and accountants. The company's cloud-based portfolio management application helps investors, accountants and financial advisers by synchronizing with brokers to track trades, dividends and corporate actions automatically, enabling clients to get online access to all the data required for their tax returns, including foreign investment calculations.

$775K
-
150K
39
2007
New Zealand
08
ES
Emerge Studio

Cloud Based Software

Emerge Studio builds in the cloud applications that offer small and medium sized businesses the essential tools they need to run their business. The company recently released iThawt, a tool that gives nomadic leaders and entrepreneurs the ability to manage all their critical business operations while on the move. In early 2010 the company released CompassDocs, an in the cloud document management tool, specifically designed to help geographically dispersed organizations manage and retrieve critical business records. CompassDocs is being utilized by organizations to manage Proof of Delivery, Know Your Customer and Contract documentation. Emerge Studio is building tools that give customers the benefits of a large scale system without the burden of the cost. The company builds tools that are intuitive, simple and immediately deployable. The company views social business as an integral part of its future strategy and is already bringing element of social business into iThawt.

$758K
-
-
10
2010
South Africa
09
TH
TunHub

Cloud Based Software

Developer of a cloud-based online lab designed to eliminate traditional paper methods. The company's online lab is a digital lab integrates all research processes in the cloud, helping companies build surveys, manage their research and publish results.

$709K
-
-
10
2007
Germany
10
SPC
Sensorflare PC

Cloud Based Software

Provider of a cloud-based sensor automation platform designed to control, monitor and optimize all smart devices. The company's platform helps users to effortlessly monitor and remotely control power outlets and appliances, all from one single platform, enabling users to simplify their everyday intelligent living, allowing for better management of their time, activities and energy consumption.

$705K
-
-
14
2014
Greece
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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.