SaaS Companies > Fastest Growing > Team Size > 2019 Q4

Fastest Growing SaaS Companies Based on Team Size

Private SaaS Companies hired 7,986 new employees in Q4 2019. (Click to apply)

Between Sept 2019 and January 2020, 487 private SaaS companies made at least 1 new hire. Together, the companies hired 7,986 new employees totaling 88,029 today (up from 80,043; 3 months ago).

Of the companies that started with a base of at least 100 employees, ContentSquare is leading the pack. The company hired 177 people over the past 3 months. The team is now 648 strong, up from 471 in Sept 2019. The company seems to be aggressively deploying the $60m Series C it raise back in January of 2019.

1-10 Employees
  1. Truerev +300%
11-100 Employees
  1. Scalex +100%
  2. Runcloud +100%
101-500 Employees
  1. Wurk +20%
500+ Employees
  1. Gitlab +21%
  2. Podium +13%
  1. 01

    Truerev

    Subscription Management Software

    Ali Rizvi

    2

    8

    +300%

    United States

  2. 02

    Scalex

    Vertical Industry Software

    AI For Sales

    Chad Burmeister

    7

    14

    +100%

    United States

  3. 03

    Runcloud

    It Infrastructure Software

    Cloud Server Management Panel

    Arif Tukiman

    7

    14

    +100%

    Malaysia

  4. 04

    Buzzsprout

    Office Software

    Tom Rossi

    3

    6

    +100%

    United States

  5. 05

    Truepush

    Marketing Software

    Free-forever push notifications for Websites and

    Ravi Vaka

    9

    16

    +78%

    India

  6. 06

    OpenPhone

    Business phone number, in an app.

    Daryna Kulya

    4

    7

    +75%

    United States

  7. 07

    Gohighlevel

    Convert leads to customers automatically

    Shaun Clark

    7

    12

    +71%

    United States

  8. 08

    Analyticsintelligence

    It Infrastructure Software

    AI Digital Marketing Analytics Assistants

    Haj Muntz

    7

    12

    +71%

    United Kingdom

  9. 09

    Advensure

    E-Commerce Software

    Shopify for Tours and Activities.

    Manan Vora

    3

    5

    +67%

  10. 10

    Fisiononline

    CRM and Related Software

    FISION is the leading #DigitalAssetManagement #S

    Mike Brown

    19

    29

    +53%

    United States

1-10 of 1,424

The Latka Grid

$RevenueEmployees

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Bootstrapped, Funded SaaS

55 bootstrapped companies made the 2019 list compared to 102 funded companies that have raised $2.8 billion in total.

These bootstrapped founders should be very proud. They found creative ways to drive growth without having to sell big chunks of their company for equity.

53 of these bootstrapped CEO’s are not located in San Francisco or New York.

All except 6 of the 55 are profitable as of December 2019.

Is Churn Important for Growth?

90 of these companies have net revenue retention greater than 100%. This means their upsell and expansion revenue from historical customers more than makes up for any lost revenue from those same customers.

34 of these companies have net revenue retention between 80-99%.

The companies with net revenue retention under 80% annually share a common theme in that only 2 out of the 29 companies have any expansion revenue at all.

Many of these companies simply haven’t added a second product to upsell, or don’t rely on utility based upselling. Expect their growth to expand in 2020 as many of them have expansion revenue in their strategic plans.