The Top HR Software SaaS Companies

As of Jan 2020, these 60 SaaS companies are the largest in the HR Software space. (Click to apply)

This list tracks the largest private B2B HR Software SaaS companies by revenue. In total, this list features 60 companies with combined revenues of $1.8B.

These companies have raised a total of $526.8M. Together, these HR Software saas companies serve 2M customers and employ over 14K on their teams.

$0 - $1M ARR
  1. Kallidus $1.0M
  2. TalentHub $1.0M
  3. MeeWee $1.0M
  4. Itilite $960.0K
  5. Workpath $960.0K
$1M - $5M ARR
  1. Holded $4.0M
  2. Hubstaff $3.8M
  3. Ninety.io $3.3M
  4. x0pa $3.0M
$5M - $10M ARR
  1. 15Five $10.0M
  2. Apptivo $9.6M
  3. Lessonly $6.8M
  4. Hiremya $5.0M
$10M+ ARR
  1. Gusto $100.0M
  2. Hotschedules $100.0M
  3. Talentsoft $70.0M
  1. 01
    Kallidus

    Kallidus

    HR Software

    Recruit top talent, modernise learning and create a culture of transparent feedback and employee development

    $1.0M

    112

    2000

    HR Software

  2. 02
    TalentHub

    TalentHub

    HR Software

    We help companies track and improve their candidate experience

    $1.0M

    $955.0K

    11

    2017

    HR Software

  3. 03
    MeeWee

    MeeWee

    HR Software

    Human Friendly Time Management

    $1.0M

    $90.0K

    4

    2012

    HR Software

  4. 04
    Itilite

    Itilite

    HR Software

    Bringing business travel online

    $960.0K

    $5.0M

    80

    140

    2017

    HR Software

  5. 05
    Workpath

    Workpath

    HR Software

    Strategic operating model for enterprises|Workpath is enabling enterprises to get faster from strategic goals to business results.

    $960.0K

    $2.0M

    8

    35

    2017

    HR Software

  6. 06
    Weekdone

    Weekdone

    HR Software

    Weekly Planning + Quarterly Objectives. Refocus your team and get everyone on track towards achieving their goals and getting work done.

    $900.0K

    $200.0K

    10K

    12

    2013

    HR Software

  7. 07
    Conveyour

    Conveyour

    HR Software

    Microlearning that let's you simplify production, lower costs, & create breakthrough engagement.

    $840.0K

    100

    5

    2016

    HR Software

  8. 08
    Goboon

    Goboon

    HR Software

    Boon makes every employee your best recruiter.

    $780.0K

    $1.3M

    26

    3

    2014

    HR Software

  9. 09
    Askhr

    Askhr

    HR Software

    knowledge management and support automation

    $750.0K

    150K

    6

    2017

    HR Software

  10. 10
    Engagerocket

    Engagerocket

    HR Software

    EngageRocket is a software-as-a-service platform that helps leaders and organisations make better people decisions using real-time data.

    $720.0K

    $1.1M

    40

    18

    2016

    HR Software

1-10 of 28

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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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