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As of Jan 2020, these 339 SaaS companies are the largest in the E Commerce Software space.

The Top E Commerce Software SaaS Companies

This list tracks the largest private B2B E Commerce Software SaaS companies by revenue. In total, this list features 339 companies with combined revenues of $1.5B.

These companies have raised a total of $3.1B. Together, these E Commerce Software saas companies serve 2B customers and employ over 542K on their teams.

Total Companies

339

Combined Revenues

$1.5B

Combined Employees

542K

Total Raised

$3.1B

Featured Interviews

Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.

Webboss Raised $500k on $1m Vlauation in 2015. Where are they now?

Kev Wilson

WebBoss Ltd CEO

Husband Wife Team Taking on Drizzly, Hit $1.5m Run Rate, Ecomm for Alcohol

Samantha Flynn

Barcart CEO

Latka interviewed Simplero CEO Calvin Correli on 01/18/2017

Calvin Correli

Simplero CEO

Latka interviewed Orbtr CEO Erik Wolf on 09/24/2018

Erik Wolf

Orbtr CEO

Highlights

Top SaaS Companies with $0 - $1M ARR

Resolve Digital$911.7K

Top SaaS Companies with $1 - $5M ARR

Mono Solutions$5M

Apptuse$4.5M

Menu Order App$4.5M

asknet Solutions AG$4.4M

Retail Directions$4.4M

Top SaaS Companies with $5 - $10M ARR

Top SaaS Companies with $10M+ ARR

Unbxd$135M

Gousto$110.5M

Riskified$100M

Taskrabbit, Inc$81.5M

Kony Solutions, Inc.$79.5M

All companies $0 - $1M ARR $1M - $5M ARR $5M - $10M ARR $10M+ ARR

Click to add your company (apply)

Unbxd

E Commerce Software

Implement AI-based site search & product discovery solutions for eCommerce sites to boost conversions through relevant search, browse, and recommendation.

revenue

$135M

funding

$15M

customers

220M

team size

154

year founded

2010

location

United States

Gousto

E Commerce Software

Gousto is an online meal-kit manufacturer and retailer, using AI and automation to provide extensive choice and personalisation.

revenue

$110M

funding

$99M

customers

team size

484

year founded

2012

location

United Kingdom

Riskified

E Commerce Software

Riskified designs an e-commerce fraud-prevention technology that turns fraud management into a growth engine for online retailers.

revenue

$100M

funding

$229M

customers

team size

596

year founded

2012

location

United States

Taskrabbit, Inc

E Commerce Software

TaskRabbit is a platform that matches up users with help on furniture assembly, moving, and other handyman services

revenue

$81M

funding

$7M

customers

300

team size

905

year founded

2008

location

United States

Kony Solutions, Inc.

E Commerce Software

Kony is a mobile application development platform provider enabling companies to deliver innovative mobile solutions.

revenue

$79M

funding

$232M

customers

900

team size

883

year founded

2007

location

United States

Wangdiantong

E Commerce Software

Wangdiantong is an E-commerce ERP management system.

revenue

$59M

funding

$453M

customers

team size

year founded

2011

location

China

StoreHippo

E Commerce Software

StoreHippo is a SaaS based E-commerce platform. StoreHippo platform creates websites that are automatically ready to be viewed on a mobile devices and hence ready for mobile commerce.

revenue

$54M

funding

customers

team size

year founded

2014

location

India

Benevity

E Commerce Software

Infuse more Goodness into the workplace and the world

revenue

$45M

funding

$71M

customers

450

team size

662

year founded

2007

location

Canada

Svanaco Inc

E Commerce Software

Americaneagle.com is essentially a one-stop shop offering a full range of solutions for anyone looking to succeed in their online endeavors. Americaneagle.com is a family owned privately held company with a long history of profitability and stability.

revenue

$44M

funding

customers

325

team size

489

year founded

1978

location

United States

Sendcloud

E Commerce Software

SendCloud connects online retailers to shipping carriers to save them time and money.

revenue

$41M

funding

$60M

customers

872M

team size

129

year founded

2012

location

Netherlands

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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.

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The Top E Commerce Software SaaS Companies

Total Companies

Combined Revenues

Combined Employees

Total Raised

Featured Interviews

Kev Wilson

Samantha Flynn

Calvin Correli

Erik Wolf

Leibel Hecht

Jay Crew

Claudiu Cioba

Valentin Huang

Kyle Leavitt

Bryan de Lottinville

Highlights

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