This list tracks the largest private B2B Construction Software SaaS companies by revenue. In total, this list features 159 companies with combined revenues of $613.4M.
These companies have raised a total of $2B. Together, these Construction Software saas companies serve 4M customers and employ over 7K on their teams.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Procore Technologies is a US construction project management software company founded in 2003, with headquarters in Carpinteria, CA.
Developer of a construction budgeting software designed to focus on the entire life cycle of the construction projects. The company's construction budgeting software offers quantity take-off, cost estimate, tendering documents management, evaluation and project management services enabling the civil building, industrial engineering and infrastructure industries to avail professional software products and services.
Provider of investments in private start-up companies for liquidity in secondary direct transactions. The company specializes in the investment in early stage private companies in computer software, semiconductors, biotechnology and medical devices sector.
Levelset helps contractors and suppliers get payment under control, promoting smooth payments and successful projects. By connecting to Levelset‚Äôs cloud-based platform, contractors and suppliers can make payment processes easy and simple. Users can easily exchange payment documents like lien waivers, pay applications, and preliminary notices, they see a complete picture of who is on their job, and are encouraged with the resources and knowledge they need to be confident in payment. The results are faster payments and fewer surprises. Levelset was founded in 2007 and is headquartered in New Orleans, Louisiana.
Built Technologies is an enterprise technology company that provides cloud-based construction lending software.
CompanyCam is a documentation and communication app that provides a complete photo solution for contractors to monitor projects.
Provider of an architecture and design services for new startup offices designed to office structure. The company's services include interior designing services such as space planning, theme development, concept design, furniture design, material selection, construction documentation, enabling companies design their offices at low cost.
Fieldwire is the field management platform construction pros count on to easily manage the jobsite. Construction companies of all sizes use Fieldwire to power clear communication on over 500,000 projects worldwide. With its easy-to-use mobile application, Fieldwire saves each user 1 hour every day by enabling more efficient information sharing onsite. Fieldwire‚Äôs key features include plan viewing, task management, issue tracking, reporting, and more ‚Äî all accessible from one place. Fieldwire is venture-backed by top investors in the industry and is already transforming the way dispersed teams communicate and collaborate on projects. Fieldwire is the easiest way for construction companies to stay organized on the jobsite.
Developer of a cloud-based reporting platform designed to assist the construction industry. The company's platform offers an application for daily reporting, document managing, quality control observations and daily construction-related tasks, enabling project managers to create more effective daily reports in less time.
Developer of a cloud-based software application designed to help contractors manage and grow their business. The company's application offers customer relationship management, aerial measurement ordering, photos, videos, estimating and lead application programming interface, enabling the roofing contractors manage every aspect of the business.
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.