Saas Company

How Much Money Do Saas Companies Make? (2024)

Pat Walls

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Updated: June 23rd, 2024

TL;DR:

Based on our data, saas companies can make between $20-$4,160,000 per month.
The average revenue for a successful saas company is $296K per month.
The highest grossing saas company in our records makes over $49,920,000 per year.
Saas company owners salaries can vary wildly depending on industry, niche, and size of the business

So you're thinking about starting a saas company?

And now you're wondering how much saas company owners actually make...

Well, let’s dive in!

Here are example of real saas companies and how much money they make - as reported by the founders themselves:

1. Yellow AI ($36M/year)

Raghavendra Kumar Ravinutala and Jaya Kishore Reddy, co-founders of Yellow.ai, conceived their idea during the smartphone boom in India post-2011.

Observing the potential for user engagement through mobile apps, they identified a gap in connecting these apps with enterprises.

Despite conversational AI being a nascent field in the country, Raghu and Kishore envisioned creating a bridge between mobile apps and enterprise systems, laying the foundation for their innovative product.

How much money it makes: $36M/year

2. dealpad ($20M/year)

Adam, the founder of dealpad.io, was inspired to start his business after successfully building and selling his previous companies. He developed a sales framework using Excel during his time at Salesforce and saw how it had a significant impact on closing deals. This led him to transform his framework into software and create dealpad, a Digital Sales Room Platform that helps B2B software organizations increase their sales conversion rates.

How much money it makes: $20M/year

3. Skit.ai ($18M/year)

Sourabh Gupta and Akshay Deshraj graduated from IIT Roorkee in 2016 and arrived in Bengaluru in 2016. Despite their strong desire to start a B2B company, they were unsure which problems they wanted to solve.

One day, they encountered a farmer who had to travel 10 kilometers to the bank every time he received an SMS, just to have the bank manager explain the message. This problem was common among farmers in various villages.

Recognizing an opportunity to use their skills to help businesses communicate with their customers, the IIT graduates conducted extensive research and development. Eventually, they successfully launched their company.

How much money it makes: $18M/year

4. Doorloop ($14.9M/year)

Ori has been investing in real estate for years and was looking for a property management software to help him manage his business. This software needed to handle accounting, rent collection, leasing, and other tasks. However, he couldn't find a suitable solution and ended up using a spreadsheet for property management. He found the spreadsheet to be inadequate and realized that with the right team, he could solve a real problem for many people in his situation by creating an easy-to-use solution.

Ori explaining how the DoorLoop idea came about. Here is the (video)

How much money it makes: $14.9M/year

5. TextMagic ($14.4M/year)

In 2001, TextMagic started as a niche side project in the UK with limited offerings. When Priit Vaikmaa joined the company in 2007, he saw the huge potential in their SMS marketing platform and focused on expanding and improving its usability. Today, TextMagic has a diverse customer base and generated revenue just short of €11 million in 2021.

How much money it makes: $14.4M/year

6. Duda Website ($14.2M/year)

In 2008, Itai and high school friend Amir Glatt, now a co-founder and current CTO, noticed the Internet was shifting towards mobile, and there was a growing need for a better mobile-first experience to attract customers on the go.

The two developed a tool to convert desktop websites into mobile-friendly formats.

How much money it makes: $14.2M/year

7. BrightLocal ($10.2M/year)

Myles Anderson, co-founder and CEO of BrightLocal, came up with the idea for the business after seeing the struggles that local businesses had in understanding and capitalizing on digital marketing. With a background in media planning and business development, Myles and his business partner, Ed Eliot, started BrightLocal as a digital marketing agency before pivoting into a software and services company specializing in local SEO. Since then, they have grown to serve over 20,000 customers across 8 countries, generating around $9 million in annual revenue and growing 20% year-on-year.

How much money it makes: $10.2M/year

8. Inflectra Corporation ($9.96M/year)

Adam Sandman, founder and CEO of Inflectra Corporation, came up with the idea for his business while working at Sapient. He and his colleague realized that there was a need for a more affordable and agile requirements and project management system in the software industry. This led Sandman to quit his job, code the first version of SpiraTest himself, and launch Inflectra.

How much money it makes: $9.96M/year

9. SalesScreen ($8M/year)

Sindre Haaland, the founder of SalesScreen, initially started as a consultancy company doing mobile and website projects to finance the development of his SaaS business. The idea for SalesScreen came when they integrated their second SaaS, an infoscreen solution, with their sales reporting tool, creating a real-time visualization of sales data that motivated and excited sales teams. Today, SalesScreen has grown to have thousands of sales teams relying on their platform, and they are closing in on $10,000,000 in recurring revenue.

How much money it makes: $8M/year

10. Balsamiq ($6.6M/year)

Balsamiq Wireframes, a low-fidelity wireframing tool, was founded by Giacomo "Peldi" Guilizzoni in 2008. The idea for the tool came from Peldi's experience working at Adobe, where he realized the need for a simple sketching tool that could be used by any contributor in product meetings. With a focus on constant learning and improvement, Balsamiq has grown into a team of 33 people with a monthly revenue of about $550,000.

How much money it makes: $6.6M/year