Introduction
Software-as-a-Service has been on a rise for over a decade and is forecasted to continue at this pace. North America has the biggest slice of the cake with just over 17,000 SaaS startups that make up over 56% of the market.
The growth of the SaaS market is evident from its worth, which has spiked from just over $30 billion in 2013 to over $146 billion last year. Much of this advancement has been driven by global consumer spending that has increased by over 5x to approximately $176.62 billion, in less than ten years.
Ahead of SaaStock USA, we’ve been looking deep into the leaders in the field that are driving this industry forward. Some of these companies have been around since the inception of SaaS, others have made their mark in a period of 1-2 years. A few of these are unicorns, some even decacorns such as Stripe, Miro and Grammarly.
We’ve selected these SaaS startups based on their fast growth rates, various funding rounds raised, and recognition by, and making headlines in, industry-leading press such as Silicon Hill News and TechCrunch. They’re making a positive impact in verticals such as productivity, human resources, healthcare and finance.
Is SaaS the future? There’s not a doubt.
Let’s take a closer look at some of the SaaS companies leading the way (This is part one of a monthly series of features).
The Trailblazers
(In alphabetical order)
b.well
The b.well connected health platform provides an all-in-one integrated solution for consumer engagement, holistic health management, and cost containment. Our use of longitudinal aggregated data creates a complete picture of health for each consumer and is aggregated to allow for true population health management.
Our unique approach to partner integration allows our customers to change their programs in real time as the health needs of their population change, not on an annual sales cycle.
Website: https://www.icanbwell.com/
Clerk
Clerk offers complete user management, allowing you to add sign up, sign in, and profile management to your application in minutes. Clerk develops a software application to provide a sign-up and sign-in page for any website and profile management.
Website: https://clerk.dev/
Credo
Credo provides instant access to medical records for providers, payers and patients. They are on a mission to bring health data management into the 21st century.
Patients, providers, and medicine have all evolved over the years, yet somehow fax machines are still the primary method of transferring health records today. Credo is here to change that.
Website: https://www.credohealth.com/
In the press: https://www.crunchbase.com/organization/credo-health/signals_and_news
Eqvista
Eqvista was founded in 2018 by Tomas Milar, a seasoned entrepreneur with a passion for helping startups and entrepreneurs manage their equity more effectively. The platform was built to streamline equity management, making it easier for companies, investors, and shareholders to track and manage equity in real-time.
With Eqvista, stakeholders have access to an all-in-one platform where they can manage their equity portfolio, issue equity to employees, calculate valuations, and manage cap tables. The platform is designed to make equity management more efficient, accurate, and cost-effective, helping companies and investors make informed decisions about their equity. Eqvista is a startup that is dedicated to making equity management easier and more accessible for all.
With its innovative platform and commitment to user-friendliness, Eqvista is poised to make a big impact in the equity management space.
Website: https://eqvista.com/
In the press: https://www.newswire.com/news/eqvista-raises-5m-opens-fundraising-reg-cf-offering-21878241
MeBeBot
Your Intelligent Assistant, automating the employee experience to drive productivity, efficiencies, and personalization.
MeBeBot automates employee support for HR, IT, and Operations, using Intelligent Assistants to drive productivity and personalization for a better employee experience. By automating answers to frequently asked questions, employees get help and support, 24/7, from mobile or computer devices (within Slack, Teams, and via web chat).
Website: https://www.mebebot.com/
In the press: https://www.siliconhillsnews.com/2022/08/28/25-austin-based-startups-to-watch-in-2022/
Apply to our Startup Program!
The Startup Program is a launchpad for early-stage SaaS startups to get the reach and visibility from leading SaaS VCs and investors, alongside the main program and expert-led workshops.
Plum
Revolutionizing how global enterprises hire, grow, and retain talent with the predictive power of psychometric data.
Revolutionary talent assessment platform Plum is talent realized. Universally designed, Plum uses objective data to measure and match human potential to job needs, enhancing talent decisions across the employee lifecycle.
With unmatched scalability, Plum empowers organizations to quantify job fit, improve quality of hire, identify potential, provide personalized career insights and create high-performing teams from one platform.
Website: https://www.plum.io/
Sendspark
Co-founders Bethany and Brandon worked together for 3 years before starting Sendspark at other startups. We saw how hard it was for underdog companies to stand out and differentiate themselves from their larger competitors. So we built Sendspark — a platform for creating personalized videos at scale.
Website: https://sendspark.com
Sunsama
Build a daily planner for busy professionals; trusted by people at YC, MIT, Loom, Ramp. Sunsama guides you through the process of planning your day and lets you pull together your tasks, calendars, email, and project management tools in one view.
Website: https://www.sunsama.com/
In the press: https://9to5mac.com/2023/01/24/hands-on-sunsama-is-a-new-daily-planner-app-that-claims-its-not-a-productivity-app/
ThisWay Global
ThisWayGlobal matches all people to all jobs, instantly and without bias, with the goal of increasing organizational diversity.
The platform has been developed by a diverse and experienced team from HR tech and artificial intelligence industries, all passionately solving a problem they experienced in their careers.
Website: https://www.thiswayglobal.com/
In the press: https://www.ibm.com/cloud/blog/announcements/ibm-watson-orchestrate-is-integrating-with-thisway-global
TrueRev
TrueRev is a ‘dead simple’ accounting solution to help SMBs ($1M-25M) automate revenue recognition, bookings, contract renewals and SaaS metrics all in one place.
Website: https://www.truerev.com
In the press: https://finance.yahoo.com/news/leading-professional-services-firm-scrubbed-130000982.html
We’re excited to see these startups lead the way in SaaS and come up with innovative solutions to day-to-day B2B problems. Nothing really is impossible!
Subscribe to our newsletter to stay in the loop for part 2 of this series.
SaaS startups like these trailblazers will be at SaaStock USA in Austin, Texas on 31 May to 2 June 2023 – the largest SaaS festival. 800+ SaaS founders, execs and investors will come together to learn from industry experts, get hot leads, fill up their calendars with business development opportunities, and connect with their peers. Save your seat.
If you’d like your SaaS to be featured in part two of this series, let us know!
Apply to our Startup Program!
The Startup Program is a launchpad for early-stage SaaS startups to get the reach and visibility from leading SaaS VCs and investors, alongside the main program and expert-led workshops.
