The Top Development Software SaaS Companies

As of Jan 2020, these 91 SaaS companies are the largest in the Development Software space. (Click to apply)

This list tracks the largest private B2B Development Software SaaS companies by revenue. In total, this list features 91 companies with combined revenues of $1.4B.

These companies have raised a total of $2.9B. Together, these Development Software saas companies serve 230K customers and employ over 16K on their teams.

$0 - $1M ARR
  1. Codibly $1.0M
  2. Pachyderm $1.0M
  3. Nalpeiron $1.0M
$1M - $5M ARR
  1. Clevertap $4.8M
  2. Buildfire $4.8M
  3. Cloud++ $4.7M
$5M - $10M ARR
  1. Test $9.7M
  2. Roadmunk $8.0M
  3. Gsx $7.5M
  4. SpringCM $6.9M
$10M+ ARR
  1. Snowflake $264.7M
  2. DataRobot $210.0M
  3. Gitlab $120.0M
  4. Smartbear $100.0M
  5. SEMYOU $100.0M
  1. 11
    GoSite

    GoSite

    Development Software

    GoSite provides a cloud-based software suite that helps small businesses stay connected with their customers.

    $33M

    $60M

    363

    2013

    Development Software

  2. 12
    Servoy

    Servoy

    Development Software

    Low Code PaaS

    $30M

    $1M

    1K

    100

    2001

    Development Software

  3. 13
    Sauce Labs

    Sauce Labs

    Development Software

    The world's largest continuous testing cloud of web and mobile applications. Access web browsers, mobile emulators and simulators, and real mobile devices.

    $30M

    $130M

    4K

    328

    2009

    Development Software

  4. 14
    Localytics

    Localytics

    Development Software

    With our platform you get smarter analytics insights and mobile app marketing experiences that better engage your users. Check out a full list of features!

    $30M

    $60M

    600

    150

    2009

    Development Software

  5. 15
    Qasymphony

    Qasymphony

    Development Software

    QASymphony accelerates digital transformation with software testing solutions that help enterprises prioritize quality, develop reliable software and increase speed to market.

    $20M

    $51M

    648

    160

    2011

    Development Software

  6. 16
    Seargin

    Seargin

    Development Software

    Excellent quality of Global Application Managed Services, exceptional 48-72 hours’ time of IT Experts delivery and transparency are the values most appreciated by our Clients.

    $20M

    340

    2014

    Development Software

  7. 17
    HackerRank

    HackerRank

    Development Software

    Programmer IQ

    $20M

    200

    2011

    Development Software

  8. 18
     j-labs

     j-labs

    Development Software

    We are Polish software company founded by engineers for engineers in 2008 with all the best business practices and values. We provide complete development teams, individual engineers and outsourcing of whole projects in agile models in the field of softwar

    $19M

    $2M

    324

    2010

    Development Software

  9. 19
    Biznessapps

    Biznessapps

    Development Software

    The #1 app maker for small business. Revenue generating features. Easy app builder. 24/7 support. Over 500,000+ small business apps created. Try us free!

    $18M

    $110K

    3K

    90

    2010

    Development Software

  10. 20
    Infinum

    Infinum

    Development Software

    An independent design and development agency with offices in the US and Europe. We create beautiful apps people love to use.

    $13M

    $7M

    206

    2005

    Development Software

11-20 of 91

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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.