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. 01
    Cloud-Elements

    Cloud-Elements

    Development Software

    Cloud Elements is the leading API integration platform for SaaS app providers and the digital enterprise. Turn integration into your competitive advantage.

    $10M

    $55M

    200

    140

    2012

    Development Software

  2. 02
    Test

    Test

    Development Software

    QA Testing as a Service helps you ship apps faster and sleep better with real tests by people on real devices. Learn about QA leader test IO.

    $10M

    $5M

    180

    368

    2011

    Development Software

  3. 03
    Roadmunk

    Roadmunk

    Development Software

    $8M

    $3M

    2K

    103

    2013

    Development Software

  4. 04
    Gsx

    Gsx

    Development Software

    GSX

    $8M

    250

    45

    2000

    Development Software

  5. 05
    SpringCM

    SpringCM

    Development Software

    SpringCM is a secure cloud platform that manages sales contracts and all types of documents across desktop, mobile and partner applications like Salesforce.

    $7M

    $80M

    104

    2005

    Development Software

  6. 06
    Microblink

    Microblink

    Development Software

    Microblink is a research and development company focused on machine vision technology for mobile devices.

    $7M

    61

    2013

    Development Software

  7. 07
    Apptimize

    Apptimize

    Development Software

    Learn how forward-thinking product teams fuel data-driven growth through Apptimize's Mobile A/B Testing and Release Management platform.

    $6M

    $20M

    100

    45

    2014

    Development Software

  8. 08
    Alphasoftware

    Alphasoftware

    Development Software

    Alpha Anywhere allows anyone to build powerful, enterprise mobile apps while giving IT the control to manage the environment and integration. Winner of Infoworld Technology of the Year.

    $5M

    $10M

    3K

    51

    2004

    Development Software

1-8 of 8

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.