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As of Nov 2023, these 1090 SaaS companies are the largest in the ERP Software space.

Top ERP Software SaaS Companies in 2023

This list tracks the largest private B2B ERP Software SaaS companies by revenue. In total, this list features 1090 companies with combined revenues of $5.9B.

These companies have raised a total of $17.6B. Together, these ERP Software SaaS companies serve 397M customers and employ over 77.2K on their teams.

Data: This data was collected through the Latka podcast where each CEO was interviewed for company details.

Divider

List of ERP Software SaaS Companies in 2023

1
$526M
150K
1984
-
4.6K
2
$440.2M
0
2007
$1.1B
2K
3
$209M
400K
1989
-
2.2K
4
$200M
10K
2008
$200M
1.3K
5
$178M
2K
2015
$583M
1.4K
6
$165M
21K
2011
$476.3M
2.5K
7
$154.9M
85K
2014
$225.6M
789
8
$132M
120K
2010
$322.7M
1K
9
$123M
110M
2006
-
409
10
$106M
0
1998
$96.4M
1.3K
11
$102M
0
2007
$179.7M
789
12
$100M
70K
2011
$450M
1K
13
$100M
0
2010
$189.6M
554
14
$84.2M
40K
2002
$1.5B
447
15
$75M
150
2009
$1.1B
596
16
$73.3M
23K
2001
-
501
17
$70.9M
2.5K
2017
$77.5M
146
18
$68M
5K
2020
$27.5M
825
19
$64.1M
0
2008
$47.7M
609
20
$60M
3M
2016
$172.4M
100
1 - 20 of 1090

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.