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As of Jan 2020, these 33 SaaS companies are the largest in the Telecommunications space.

The Top Telecommunications SaaS Companies

This list tracks the largest private B2B Telecommunications SaaS companies by revenue. In total, this list features 33 companies with combined revenues of $2.7B.

These companies have raised a total of $385M. Together, these Telecommunications saas companies serve 442M customers and employ over 16K on their teams.

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Highlights

Top SaaS Companies with $5 - $10M ARR


02
MTMBII
ManTech MBI, Inc.

Telecommunications

ManTech provides innovative technologies and solutions for mission-critical national security programs.

$862M
-
-
10K
1968
United States
03
SS
Sigma Systems

Telecommunications

Developer of idea-to-install products for communication, media and high tech companies. The company provides a software product portfolio which is available through the cloud or on-premise. The company's product portfolio covers cloud brokerage, product & service catalogs, configure price quote, order management, service provisioning and inventory & device management.

$55M
-
190M
282
1996
Brazil
04
TTI
Tri Tel Inc

Telecommunications

As an industry leader, TCT provides high-quality Internet, phone, television and security options to our growing service area while keeping pace with cutting-edge technologies.

$27M
-
-
304
1953
United States
05
ABTI
ArcBest Technologies, Inc.

Telecommunications

Datatronics is a developer and manufacturer of custom magnetics, high-voltage transformers, and inductors.

$27M
$2M
-
300
1962
United States
06
AS
AireSpring

Telecommunications

Headquartered in Los Angeles, AireSpring is an award-winning provider of cloud communications and connectivity solutions serving thousands of businesses nationwide. AireSpring provides fully managed and connected end-to-end, next-generation solutions for multi-location enterprise customers, including SD-WAN, Unified Communications (UCaaS), Business VoIP, Hosted Phone Systems, SIP Trunking, MPLS, Manged Failover, Managed Security and Internet. AireSpring's solutions are offered through a diversified network of channel partners that includes distributors, master agents, managed service providers, and value added resellers. AireSpring's services are delivered over its revolutionary nationwide MPLS MESH network, providing customers with a fully integrated, end-to-end solution from a single vendor. AireSpring has received numerous industry awards for "Product of the Year,"​ "Best Telecom Deal,"​ "Best in Show,"​ and "Top Channel Program."​ AireSpring is privately held, diversified, debt-f

$22M
-
22K
257
2001
United States
07
HTCBS
H T C Business Solutions

Telecommunications

Horry Telephone Cooperative, Inc., is dedicated to improving the quality of life in the areas they serve.

$21M
-
-
231
1952
United States
08
LU
LoopUp

Telecommunications

LoopUp (LSE: LOOP) helps enterprises move their global communications into the cloud. This promotes flexible working and increases productivity for users, and it reduces complexity and cost for employers. LoopUp offers full telephony integration for Microsoft Teams by using Direct Routing to connect users to its private voice network. This allows them to use Teams to make and receive external calls from any device anywhere in the world. It eliminates the need for on-premises PBX equipment and local carrier relationships. LoopUp also offers a premium remote meeting solution, available as a native app for Teams or as a standalone solution. LoopUp - a certified Microsoft Global Partner - provides a fully managed service with customer support from 15 offices around the world. More than 5,000 enterprises around the world trust LoopUp with their important business communications – from major multinationals to fast-growing SMEs, public sector bodies and professional services firms, including

$18M
-
5K
219
2003
United Kingdom
09
CTSI
Corbett Technology Solutions, Inc.

Telecommunications

CTSI is a full service technology and communications solutions provider.

$17M
-
-
187
1969
United States
10
TTI
Triton Technologies, Inc.

Telecommunications

Triton Technologies is a traditional call center services to offer a teleservices skill, technology services, and marketing execution.

$10M
-
-
116
1999
United States
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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.