This list tracks the largest private B2B Communities Software SaaS companies by revenue. In total, this list features 15 companies with combined revenues of $26.1M.
These companies have raised a total of $209M. Together, these Communities Software saas companies serve 1B customers and employ over 633 on their teams.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Lithium builds community and social media management software that helps the world's best brands connect with customers on digital channels.
Sift is an online publisher and strategic website engineer providing content, tools and website services for accounting firms.
VOMO is a full-service volunteer engagement platform. We connect eager volunteers to impactful serving opportunities.
Nexudus is the leading white label platform to manage coworking and flexible workspaces.
Studio 1 Labs is an information technology company that specializes in fabric sensor technology, hardware electronics, and Saas.
Orbiit is a virtual networking platform helping community managers systematically activate members through curated 1:1 connections.
Messly is a SaaS, Professional Network that helps doctors find their next role in healthcare.
Getlatka.com is a private community for SaaS, founders and investors.
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.