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As of Jan 2020, these 103 SaaS companies are the largest in the Project space.

The Top Project SaaS Companies

This list tracks the largest private B2B Project SaaS companies by revenue. In total, this list features 103 companies with combined revenues of $405M.

These companies have raised a total of $847.1M. Together, these Project saas companies serve 4M customers and employ over 7K on their teams.

Divider

Highlights

02
KKHQ
Karbon,Karbon HQ

Project

Karbon is workstream collaboration platform for growing teams and enterprises to combine emails, discussions, tasks, and powerful workflows.,

$34M
$92M
-
74
2014
United States
03
E
Enfusion

Project

Developer of an online portfolio management platform. The company provides a cloud-based portfolio and risk management platform for hedge funds and asset managers. It's platform provides asset managers order and execution and portfolio management, reconciliations, valuations and risk, full fund accounting and management across asset classes on a single data set.,

$23M
$156M
550
466
1997
United States
04
P
Planview

Project

Planview is a global enterprise software company headquartered in Austin, Texas.,

$23M
-
5K
39
1989
United States
05
P
Planview

Project

Planview is a global enterprise software company headquartered in Austin, Texas.,

$23M
$29M
2K
22
1989
United States
06
D
Doxim

Project

Doxim helps financial service providers to create, deliver and manage business critical documents and content more efficiently and cost effectively, enhancing their customers’ experience.,

$22M
$14M
3K
249
2000
United States
07
D
Doist

Project

Create productivity and communication tools,

$14M
$40K
300K
90
2007
Spain
08
H
Hubstaff

Project

Hubstaff is a company that provides time tracking, project management, and team collaboration software for remote and distributed teams. Their software allows businesses to monitor the activity levels of remote employees, track time spent on specific tasks, and manage projects more efficiently. They also offer features such as automated payroll, invoicing, and employee scheduling to help businesses streamline their operations. Hubstaff was founded in 2012 and is based in Indianapolis, Indiana.

$14M
-
15K
139
2013
United States
09
2S
24Sevenoffice

Project

Accounting and ERP Software,

$11M
$341M
40K
103
1997
United States
10
S
Sciforma

Project

Sciforma is one of the largest providers of Portfolio &Project Management software, delivering solutions to a quarter million users worldwide since 1982.Leader in enterprise- level PPM solutions, our company is also recognized as a positive player by Gartners MarketScope for project and portfolio management applications and as an innovator by InfoTech Research Groups Vendor Landscape Enterprise Project Portfolio Management report.Sciforma is based in Los Gatos in the Silicon Valley and has offices in France, Germany, Japan, United-Kingdom, Australia. An established network of international partnerships and subsidiaries also support customers throughout the world.

$11M
-
300K
127
1982
United States
1 - 10 of 103Next

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.