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As of Jan 2020, these 68 SaaS companies are the largest in the Design Software space.

The Top Design Software SaaS Companies

This list tracks the largest private B2B Design Software SaaS companies by revenue. In total, this list features 68 companies with combined revenues of $4B.

These companies have raised a total of $1.5B. Together, these Design Software saas companies serve 2M customers and employ over 13K on their teams.

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Highlights

01
CDS
Cadence Design Systems

Design Software

Cadence Design Systems was founded in 1988 after the merger of ECAD and SDA Systems. Cadence is known as an electronic design automation, or EDA, firm that specializes in developing software, hardware, and intellectual property that automates the design and verification of integrated circuits or larger chip systems. Historically, the firm's tools have been relied on by semiconductor firms, but there has been a shift toward other nontraditional "systems" users given the development of the Internet of Things, artificial intelligence, autonomous vehicles, and cloud computing. Cadence is headquartered in Silicon Valley, has approximately 7,600 employees worldwide, and was added to the S&P 500 in late 2017.The company seeks to strengthen and expand its core business through acquisitions.

$3B
-
-
8K
1988
United States
02
C
Canva

Design Software

Canva is a graphic design platform that allows users to create social media graphics, presentations, posters, documents and other visual content. It is available on web and mobile, and integrates millions of images, fonts, templates and illustrations..Signals & News.About.Artesian VC is a VC firm offering end-to-end venture capital platform for startups at seed, angel, and growth stages..Canva is an online design and publishing platform that provide.Canva is an online design and publishing platform that provides user friendly design tools for non-designers

$1B
$572M
500K
2K
2012
Australia
03
IVA
InVisionApp

Design Software

InVisionApp is a digital product design platform used to make the world’s best customer experiences. It provides a design collaboration platform for startups, corporations, and design agencies. It lets users research, design, review, and test products offer tools for prototyping, task management, and version control, enables users to create and craft things for Web and mobile platforms, and allows users to design prototyping, sharing and presentation, feedback and commenting meetings and whiteboarding, and organization and collaboration. InVisionApp also offers Studio, a screen design platform tool that allows users to extend the product experience; and real-time insights, team activity, project management, team management, workflow integration, enterprise-grade security, single-sign-on integration, custom branding, and asset storage and sharing solutions for enterprises. InVision has more than 5M users, including 100 percent of the Fortune 100, and organizations like Airbnb, Amazon, HBO, Netflix, Slack, Starbucks, and Uber. The company was launched in 2011 by Clark Valberg and Ben Nadel and is one of the largest completely distributed organizations in the world, with employees in 28 countries...

$100M
$356M
65K
1K
2011
United States
04
F
Figma

Design Software

Figma is a collaborative interface design tool that enables the entire team’s design process to happen in one online tool.

$81M
$333M
50K
478
2012
United States
05
V
Vikua

Design Software

Para la fecha, nuestra oferta de valor agregado se ha ampliado a distintas áreas de las tecnologías de la información. Especialmente aplicamos nuestro ingenio en brindar soluciones efectivas a los principales problemas que afectan a empresas y ciudades...

$7M
$1M
-
76
2009
Venezuela
06
d
different

Design Software

$7M
-
-
128
1997
Germany
07
B
Balsamiq

Design Software

low fidelity wireframing tool

$6M
-
-
45
2008
Italy
08
P
Pitchy

Design Software

Developer of a SaaS enabled video creation software designed to create professional interactive videos. The company's SaaS enabled video creation software, Pitchy, uses a graphic styles and templates to create videos by inserting texts, logos, visuals, videos and pictures, enabling businesses to share it with collaborators, acquire new customers and increase business sales.

$6M
-
-
71
2013
France
09
CCC
Coco Communications Corporation

Design Software

Coco Communications specializes in creating online solutions in the areas of websites, graphics, databases, and interactive 3D solutions.

$6M
$5M
-
63
2002
United States
10
GP
Georgette Packaging

Design Software

Carbon neutral packaging for ambitious businesses.

$6M
$120K
-
13
2016
Canada
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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.