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As of Jan 2020, these 99 SaaS companies are the largest in the Hr Software space.

The Top Hr Software SaaS Companies

This list tracks the largest private B2B Hr Software SaaS companies by revenue. In total, this list features 99 companies with combined revenues of $305.9M.

These companies have raised a total of $556.5M. Together, these Hr Software saas companies serve 702M customers and employ over 5K on their teams.

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Highlights

Top SaaS Companies with $5 - $10M ARR


02
C
Convergys

Hr Software

NGA Human Resources is a provider of technology and human resource management software services. The company provides software to the public sector organization. It provides specialist software, outsourcing and information technology services to the human resources, local government, education and public safety markets. It was founded in 1969 and is headquartered in Hemel Hempstead, England. The company seeks to strengthen and expand the company's core business through acquisitions.

$41M
-
700M
547
1969
United States
03
H
Headstart

Hr Software

Provider of consultancy services in Finland. The company's consultancy services offer business orientated SAP consultancy, develops customer business processes using SAP, movilizer and QPR technology. It also provides cloud-based ERP and business services.

$34M
$17M
-
695
2016
United Kingdom
04
W
W3net

Hr Software

Developer of human capital management software. The company develops software for payroll, recruitment, employee relations, benefits, resignation and employee grievances.

$23M
-
90
604
1996
Brazil
05
L
Lumesse

Hr Software

Lumesse is a developer of strategic human resource software platform that provides staffing support to 1,700 medium and large enterprises in Europe, the US and Asia-Pacific. The company help customers around the world to implement local talent management initiatives that identify, nurture and develop the right people, in the right place, at the right time. It was founded in 1999 and is headquartered in Luton, United Kingdom. The company aims for strategic investments through acquisitions that helps the business expand across the country and worldwide.

$15M
-
5K
215
1999
United Kingdom
06
K
Kazoo

Hr Software

Provider of a cloud-based employee engagement platform designed to redefine the way companies engage with their employees. The company's platform consolidates employee engagement initiatives into one, easy to use mobile platform for teams of all sizes through real-time recognition, meaningful rewards, enhanced insights as well as gives employees the true ownership they need to drive positive change, enabling organizations to quickly build better relationships with their employees by providing more reasons to engage.

$10M
$26M
-
123
2013
United States
07
TTM
Themuse,The Muse

Hr Software

The Muse is a New York City-based online career source founded in 2011 by Kathryn Minshew, Alexandra Cavoulacos, and Melissa McCreery..The Muse is the ultimate career destination offering exciting job opportunities, expert advice, and ...

$7M
$57M
600
169
2011
United States
08
I
Inspirus

Hr Software

Provider of employee engagement services. The company offers employee services across categories such as service anniversaries, rewards and recognition, incentives, safety, well-being, learning and analytics.

$6M
-
-
85
1893
United States
09
H
Hirefox.com

Hr Software

Hirefox is a Software as a Service platform that delivers end-to-end sales, rental and subscription across eCommerce sites.

$4M
-
200
51
2011
India
10
Z
Zest

Hr Software

Staffcare have changed. We're Now Zest, the fresh approach to employee benefits. Visit our new website here: https://www.zestbenefits.com/ or, check out our new LinkedIn page here: http://ow.ly/q4oB30nQQhX

$4M
-
-
51
2003
United Kingdom
1 - 10 of 99Next

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.