logo
logo
Curve
As of Jan 2020, these 27 SaaS companies are the largest in the Software Testing Tools space.

The Top Software Testing Tools SaaS Companies

This list tracks the largest private B2B Software Testing Tools SaaS companies by revenue. In total, this list features 27 companies with combined revenues of $208.3M.

These companies have raised a total of $450.3M. Together, these Software Testing Tools saas companies serve 131M customers and employ over 5K on their teams.

Divider

Highlights

Top SaaS Companies with $5 - $10M ARR


Top SaaS Companies with $10M+ ARR


01
$146M
-
60K
4K
2005
United States
02
C
Cyara

Software Testing Tools

Provider of an online platform intended to help in monitoring customer experience. The company's CX Assurance Platform helps in automation of customer experience checking and monitoring, enabling clients to know if any customer-facing any CX issues and thereby helping them to take actions.

$16M
$375M
-
236
2006
United States
03
I
Instabug

Software Testing Tools

Developer of a crowd-sourcing platform designed to provide developers with feedback for their applications. The company's crowd-sourcing platform helps mobile developers to communicate with their users, collaborate with their teams and build applications, enabling regular mobile users or beta testers to submit their feedback or report bugs about any mobile application in the most intuitive way, that is, by just shaking their device.

$9M
$7M
25K
104
2013
United States
04
G
Gremlin

Software Testing Tools

Prevent outages, innovate faster, and earn customer trust with Gremlin’s Chaos Engineering platform.

$8M
$28M
-
73
2016
United States
05
C
Centercode

Software Testing Tools

The Centercode Customer Validation Platform Centercode offers everything you need to build a complete Customer Validation program, including building a pool of profiled customers, recruiting the best candidates into your projects, running extremely ...

$8M
$10M
130M
79
2001
United States
06
T
Testim.io

Software Testing Tools

Testim.io is an automated testing tool that delivers super-fast authoring and amazingly stable tests. Anyone can use - coded, codeless, or both. Free trial.

$4M
$16M
1K
46
2014
United States
07
V
Verifaya

Software Testing Tools

Provider of functionality and automation testing tools and services designed to validate successful business outcomes ans ensure seamless customer experience. The company's tools and services provide automated testing for Web and mobile applications, including performance and load testing, localization testing, security testing, compliance testing and usability testing, enabling development teams to develop apps and automate native, hybrid and browser apps for Mobile and Desktop.

$4M
-
-
121
2005
United States
08
N
Neotys

Software Testing Tools

Developer of web application testing platform. The company's web application testing platform focuses on load testing and performance monitoring services for the web and mobile applications, enabling the user to monitor the quality and speed of their applications and increase the productivity.

$3M
$4M
-
76
2005
France
09
MM
MixMobi

Software Testing Tools

Developer and provider of a web-based application for sharing mobile content. The company content sharing application that enables users to share promotions and coupons through social media and email campaign.

$1M
-
-
14
2009
United States
10
SSS
Smartesting Solutions & Services

Software Testing Tools

Provider of software testing services. The computer offers a software for validating information systems and automating the generation of tests for smart-cards, telecommunications, electronic transactions and the finance industries.

$1M
$87K
-
16
2003
France
1 - 10 of 23Next

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.