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As of Jan 2020, these 41 SaaS companies are the largest in the Educational Software space.

The Top Educational Software SaaS Companies

This list tracks the largest private B2B Educational Software SaaS companies by revenue. In total, this list features 41 companies with combined revenues of $15.7M.

These companies have raised a total of $10.3M. Together, these Educational Software saas companies serve 12M customers and employ over 333 on their teams.

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Highlights

Top SaaS Companies with $1 - $5M ARR


Top SaaS Companies with $5 - $10M ARR


Top SaaS Companies with $10M+ ARR


02
K
Kindertales

Educational Software

Kindertales provides childcare management software for your preschool or childcare center.

$2M
$10M
-
17
2015
Canada
03
AJ
AppJet

Educational Software

Provider of an online collaborative word processing platform. The company offers EtherPad, a web-based word processor that allows people to work together in real-time to collaborate on text documents for meeting notes, drafting sessions, education and team programming.

$779K
-
-
20
2007
United States
04
MP
MediaPro

Educational Software

Provider of electronic-learning systems intended for cybersecurity and privacy training. The company develops electronic and blended learning applications that enable organizations of all sizes to analyze, plan, train, and reinforce education for their employees on critical security, privacy, and compliance issues. It delivers a comprehensive, cloud-based platform that reduces the cost and complexity of administering a modern awareness program.

$762K
-
-
45
1993
United States
05
MU
MassiveU

Educational Software

Provider of a digital learning platform designed to change the future of education. The company's digital learning platform offers mobile learning courses to deliver asynchronous learning content from recognized subject matter experts to virtually any mobile phone, tablet or online screen, enabling teachers and students to measure engagement, time on task and adaptive learning needs.

$741K
-
-
9
2012
United States
06
SLEDV
SLEDVision

Educational Software

Developer of a subscription-based Vendor Relationship Management platform. The company offers their software to the State and Local Governments and to the education sector.

$706K
-
-
12
2012
United States
07
BD
BrightDime

Educational Software

Provider of a personalized Web-based platform designed to track and analyze financial wellness of employees. The company's financial wellness program creates personal financial awareness, produces relevant education tools and offers personal coaching to each employee enabling users to analyze financial assets, manage financial portfolios, streamline financial accounts and make financial decisions.

$672K
-
-
8
2013
United States
08
SU
SmartUp.io

Educational Software

Developer of an entrepreneurial learning and mentorship platform designed to deliver peer-to-peer knowledge. The company's platform provides business simulations, learning contents, insights and a range of other educational advisories, enabling founders, companies, innovators, business schools and entrepreneurs to reduce face-to-face training and move to digital platforms.

$663K
-
150K
12
2014
United Kingdom
09
S
Serus

Educational Software

Provider of intelligent operations management (IOM) technology and managed services. The company offers Intelligent Operations Management (IOM) for data aggregation and content management, including facilities for data cleaning and error resolution. It also provides business services that ranges from creating data and cost models to process planning, exception management and audit support; application management services, which include capacity planning and systems management, application management, enterprise application integration management and third-party software services; software-as-a-service (SaaS) and hosted services and support services ranging form customer education and training to solution test suite development, maintenance, execution and automation.

$599K
-
-
9
2000
United States
10
pO
panOpen

Educational Software

Provider of open education platform designed to offer better teaching and learning through open educational resources. The company's open education platform provides the high quality, peer-reviewed resources at a fraction of the cost of commercial textbooks, enabling faculty and schools to help lower the cost of educational materials and realize the potential of OER.

$598K
-
-
14
2013
United States
1 - 10 of 41Next

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.