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As of Jan 2020, these 41 SaaS companies are the largest in the Human Resources space.

The Top Human Resources SaaS Companies

This list tracks the largest private B2B Human Resources SaaS companies by revenue. In total, this list features 41 companies with combined revenues of $373.9M.

These companies have raised a total of $252M. Together, these Human Resources saas companies serve 612K customers and employ over 2K on their teams.

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Highlights

Top SaaS Companies with $5 - $10M ARR


Top SaaS Companies with $10M+ ARR


01
GP
Grupa Pracuj

Human Resources

Grupa Pracuj is a software based company in Central Europe. It provides services that help companies with employee recruitment, retainment and development. The company offers online recruitment services and technological services for HR departments. It owns the recruitment brands: Pracuj.pl in Poland and Rabota.ua in Ukraine. In the field of technological services under the SaaS model (Software as a Service), it offers two products: the ATS eRectuiter system, which supports companies in conducting recruitment and the emplo.com platform, which makes communication and HR processes in companies. Grupa Pracuj was founded in 2000 and is headquartered in Warsaw, Poland. The company seeks to expand its business operations through mergers and acquisitions.

$267M
$95M
60K
475
2000
Poland
02
W
Workhuman

Human Resources

Provider of an online platform designed to offer social-recognition software and services. The company's platform combines employee recognition to a company's goals and values that increases employee engagement, enabling business leaders to engage their employees within the dynamics of changing workforce.

$60M
$140M
280
709
1999
United States
03
M
Mo

Human Resources

Developer of employee engagement platform designed to create a shared sense of togetherness at work. The company's tool utilizes the data created through interactions to provide real-time insights into employee behaviors, relationships and levels of engagement, enabling employees to share ideas, offer feedback, complete surveys and recognize each other.

$12M
$4M
-
141
2014
United Kingdom
04
T
Talentry

Human Resources

Provider of a social recruitment and marketing platform designed to access new talent pools. The company's digital employee referral program platform leverages employees' social networks to reach potential applicants and provide them with authentic, credible insight into the company, enabling employers to reach more qualified candidates and achieve higher success rates for hiring.

$4M
-
150
45
2012
Germany
05
P
Plum.io

Human Resources

Developer of a cloud-based recruitment platform designed to help companies hire, grow and retain top talents. The company's platform uses AI and organizational psychology technology to make predictive talent decisions at every stage of the employee lifecycle by measuring talents such as adaptability, innovation, and communication, enabling companies to hire the right candidate easily.

$3M
-
100
40
2012
Canada
06
PN
PayNorthwest

Human Resources

PayNorthwest's vision is to make it easier for businesses to be employers. We do this by intelligently applying technology, expertise, and service to our customers'​ payroll, human resources (HR), and personnel administration needs. The goal of our client solutions is to help our client businesses be more efficient and productive as well as maximize their return on their human capital. PayNorthwest's strengths are in its market-leading, web-based Lumina platform for time and attendance, payroll, and human resource information, its staff expertise in deploying this technology around the unique client requirements, and its commitment to ongoing support, accountability, and responsiveness. Specific offerings include full-time and attendance, including biometric, web clocks, and telephony, full multi-state payroll tax capabilities, full payroll processing services, HR automation for tasks such as performance reviews and employee on-boarding, background checks, and an online HR se

$3M
-
-
36
2008
United States
07
TR
TapRecruit

Human Resources

TapRecruit's Job Description Software with Augmented Writing goes beyond gendered language to help hiring teams write job descriptions that are thoughtful, concise, and welcoming to candidates from every background. TapRecruit integrates with every major ATS and includes reporting designed for recruiting teams. Free to try.

$2M
-
-
29
2016
United States
08
G
Gamfi

Human Resources

Provider of gamification software to businesses intended to focus on increasing the efficiency of the organization. The company's gamification software specializes in the areas of marketing, sales, and human resources management, enabling organizations to concentrate on their core business.

$2M
-
500K
22
2010
Poland
09
T
Thalento

Human Resources

Developer of talent management technologies. The company offers cloud based online assessment tests such as personality tests and cognitive tests that enables organizations to select and recruit people.

$2M
-
300
22
2010
Belgium
10
OOI
OurOffice, Inc.

Human Resources

OurOffice provides a turnkey solution, Diversity and Inclusion as a Service (DIaaS), for building inclusive workplace cultures in organizations of any size. DIaaS is a powerful combination of technology and outsourced D&I management to deliver 8 times return on every D&I dollar spent, at a fraction of the costs of a complete in-house capability, or hiring traditional consultants.

$2M
-
-
20
2018
United States
1 - 10 of 41Next

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.