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As of Jan 2020, these 75 SaaS companies are the largest in the Fitness Software space.

The Top Fitness Software SaaS Companies

This list tracks the largest private B2B Fitness Software SaaS companies by revenue. In total, this list features 75 companies with combined revenues of $284.6M.

These companies have raised a total of $575.2M. Together, these Fitness Software saas companies serve 102M customers and employ over 3K on their teams.

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Highlights

02
SQUATS
SQUATS

Fitness Software

Developer of a SAAS based fitness and training platform intended to tackle challenges in the fitness industry. The company's platform offers in-person professional guidance, INFS certified fitness consultant and guidance with detailed nutrition and workout regime, enabling people to achieve their fitness goals in a convenient manner.

$27M
$2M
500K
301
2016
India
03
tW
truu Wasserweik

Fitness Software

It all started with the idea of ​​producing perfect, purest water. Better than anything that has come before and as natural as water can be. Water that is good for people and that is good for the environment at the same time.

$20M
-
-
62
2011
Germany
04
SC
Sleep Cycle

Fitness Software

Sleep Cycle is a wellness and sleep start up that has developed an intelligent bio alarm clock app for iOS and Android.

$12M
$951K
-
20
2009
Sweden
05
BHI
Bardavon Health Innovations

Fitness Software

Developer of a specialty network platform designed to empower quality healthcare decisions through networked technology, transparency and communication. The company's platform provides near-real-time data to measure the quality of care, streamline workflows and processes and apply big data analytics to optimize clinical pathways for all musculoskeletal care, including workers' compensation and commercial health programs, enabling employers better manage the entire life-cycle of the employee, from hire to retire.

$11M
$19M
-
162
2014
United States
06
SA
Sport Alliance

Fitness Software

Sport Alliance is a provider of software for gyms and fitness providers

$10M
$70M
-
106
2011
Germany
07
OGI
Omg Group Incorporated

Fitness Software

Since 1993, OMG (Omni Marketing Global) has been the strategic full-service partner in effective shopper marketing solutions working directly with leading retailers and marketers.

$9M
$23M
-
104
1993
United States
08
PN
Precision Nutrition

Fitness Software

Precision Nutrition is a certification and coaching software and services provider.

$9M
-
-
214
2000
Canada
09
V
Virtuagym

Fitness Software

Developer of a cloud-based fitness software platform designed to offer innovative fitness, member engagement, coaching and club management services. The company's platform consists of a complete ecosystem with an integrated mobile application and services for exercise and nutrition guidance, progress tracking, online coaching, member and staff management, scheduling, online sign-up, payments and access control, etc, enabling clients to connect their entire business to the system and users to tackle their nutrition intake.

$9M
$11M
-
220
2008
Canada
10
CXAG
CXA Group

Fitness Software

Provider of a employee benefits and workplace wellness platform designed to transform employee benefits in Asia by shifting spend from treatment to prevention. The company's platform offers a fixed benefits wallet to choose the most relevant mix of insurance and wellness services from a wide range of providers to suit their personal needs, enabling human resource team to prioritize interventions that reduce claims cost and workforce health risks.

$9M
$58M
400K
199
2013
Singapore
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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.