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.
Recruit top talent, modernise learning and create a culture of transparent feedback and employee development
We help companies track and improve their candidate experience
Human Friendly Time Management
Bringing business travel online
Strategic operating model for enterprises|Workpath is enabling enterprises to get faster from strategic goals to business results.
Weekly Planning + Quarterly Objectives. Refocus your team and get everyone on track towards achieving their goals and getting work done.
Microlearning that let's you simplify production, lower costs, & create breakthrough engagement.
Boon makes every employee your best recruiter.
knowledge management and support automation
EngageRocket is a software-as-a-service platform that helps leaders and organisations make better people decisions using real-time data.
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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.
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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