This list tracks the largest private B2B Time Tracking Software SaaS companies by revenue. In total, this list features 26 companies with combined revenues of $137.7M.
These companies have raised a total of $129.5M. Together, these Time Tracking Software saas companies serve 3M customers and employ over 2K on their teams.
26
$137.7M
2K
$129.5M
Top SaaS Companies with $0 - $1M ARR
Top SaaS Companies with $1 - $5M ARR
Time Tracking Software
TSheets is a time tracking and employee scheduling app for companies needing to track, manage, and report time.
Time Tracking Software
Xtime delivers retention solutions for the retail automotive industry. Xtime Spectrum is the industry's first fully integrated, cloud-based system designed to drive owner loyalty through one service experience platform. From the first touchpoint to che...
Time Tracking Software
oTMS is the leading one-stop transportation platform. oTMS aims to build the first successful business community based transport management & e-sourcing platform in China. With cloud computing and mobile internet technology, oTMS provides SaaS (software as a service) to users in order to seamlessly connect the shippers, logistics and transport providers, drivers and consignees to tender, execute, track and bill for transport services in an entirely digitalized, real time workflow to boost customer service experience at a much better cost.
Time Tracking Software
Developer of an employee scheduling software intended to help people to track timesheet hours and schedules. The company's software provides cloud-based time clock and time sheets that helps to track hours from anywhere and save time on preparing payroll, enabling clients to quickly and easily message their co-workers and managers to manage everything within time.
Time Tracking Software
Developer of a software platform for businesses to communicate with its employees. The company enables businesses to track payroll hours and prepare data for payroll processing via the cloud and to schedule and communicate with its employees using the web, mobile, text messaging and social media.
Time Tracking Software
Provider of a time tracking platform. The company offers software services for time tracking, project management and billing to small and medium sized companies in the consultancy and IT business.
Time Tracking Software
The easiest way to track, manage, and report on employee time. Simple timesheets and powerful reports reduce costs & improve performance. Get started for free!
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.