Introduction
Austin, Texas is one of the fastest growing cities in the US with over 80% of SaaS companies in the B2B sector.
According to Thom Singer, CEO of the Austin Technology Council: “Austin’s going to be on the short list (for tech companies looking to expand or relocate) for many years to come. I think that we’ve earned that place.”
The Austin startup scene has grown exponentially over the past decade, strengthening its entrepreneurial culture. Austin was ranked as the city with the fifth-highest number of job postings of all tech cities in 2022, according to the Dice report, with 7,000+ tech job openings in May alone. It’s no doubt that Austin is by far the most promising city for tech startups to start in or migrate to.
As well as the world’s live music capital, it’s the city of unicorns and tech giants. Many global tech companies have moved their secondary offices to Austin, such as Google, Apple, Oracle, Amazon, Facebook and SpaceX, with some having moved their main operations from Silicon Valley.
With that came a boost in the number of investors and venture capital firms funding fresh new startups in the Austin startup ecosystem. In 2021 alone, Austin startups attracted over $5.5bn worth of investments from funds such as ATX Venture Capital, Austin Ventures, 8VC. So Austin-based startup founders no longer have to travel to, and rely on funding from, Silicon Valley-based venture capitalists – it’s right at their fingertips.
Let’s dive into some of the B2B SaaS startups that are making their mark in Austin and setting the scene for many new entrepreneurs to come.
Top SaaS Austinites
(In alphabetical order)
AppointmentCore
Type: Automated scheduling software
Year founded: 2013
Location: Austin, Texas
Funding amount raised: Self-funded
Employees: 7
ARR: Undisclosed
Website: https://get.appointmentcore.com/
Bandwidth
Type: Communications software
Year founded: 1999
Location: Austin, Texas
Funding amount raised: $20.5M
Employees: 1200+
ARR: Undisclosed
Website: https://www.bandwidth.com/
Documint
Documint is for anyone looking to expedite workflow, ensure accuracy, and save time.
Type: Automation SaaS
Year founded: 2020
Location: Austin, Texas
Funding amount raised: None
Employees: 3
ARR: Undisclosed
Website: https://www.rightinbox.com/
Kompyte
Kompyte automates competitive intelligence from start to finish, eliminates manual research, and enables sales, marketing, and product teams to win up to 43% more business.
Type: Marketing Intelligence Software
Year founded: 2014
Location: Austin, Texas
Funding amount raised: $3M
Employees: 4
ARR: Undisclosed
Website: https://www.kompyte.com/
LoudCrowd
The platform enables customer-led growth with tools to measure the value of UGC, organize and automate customer engagement, and create rewards for customers who generate valuable UGC.
With a direct connection to customers and fans across social media – the largest engaged audience in history – LoudCrowd is the social CRM where you can organize social tags, build a curated library of content, and segment UGC growth programs. Whether focused on spreading a movement, growing customer loyalty, or growing your fan base, there is a UGC strategy for any organization!
Type: Customer engagement
Year founded: 2019
Location: Austin, Texas
Funding amount raised: $5M
Employees: 42
ARR: Undisclosed
Website: https://loudcrowd.com/
MiloTree
We built MiloTreeCart and MiloTree to empower bloggers, coaches, service providers, and online entrepreneurs to build their businesses quickly and grow their income.
In both of our products we saw a need for simplicity. Technology can be complicated, confusing, and cumbersome. We wanted to push against that. Our philosophy is tech tools need to be intuitive to use with only the features that makes sense.
Type: Social Media & Email tool
Year founded: 2015
Location: Austin, Texas
Funding amount raised: None
Employees: 3
ARR: Undisclosed
Website: https://milotree.com/
Picktime
We help businesses worldwide to coordinate their meeting times for their clients effortlessly.
Picktime’s mission is to equip businesses worldwide with easy & pleasant scheduling experiences and help them maximise their efficiency and time. Picktime caters to companies of any scale irrespective of their Industry.
We have marked our presence in more than 100+ countries with over a million users.
Type: Productivity
Year founded: 2018
Location: Austin, Texas
Funding amount raised: None
Employees: 12
ARR: Undisclosed
Website: https://www.picktime.com/
In the press: https://bstrategyhub.com/calendly-competitors-and-alternatives/
RightInbox
Right Inbox is a free Gmail extension to track emails, add reminders, and send scheduled emails later that skyrocket reply rates. More than 250,000+ professionals have added this powerful Gmail extension for next-level email productivity.
Type: Productivity
Year founded: 2014
Location: Austin, Texas
Funding amount raised: None
Employees: 3
ARR: Undisclosed
Website: https://www.rightinbox.com/
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!
SaaS startups like these trailblazers will be at SaaStock USA in Austin, Texas on 31 May to 2 June 2023 – Europe’s hottest 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.
85% SOLD OUT! GET YOUR TICKETS NOW.
