![]() The eight companies falling off of the list from 2019 include The Ultimate Software Group (acquired by private equity), Pivotal Software (acquired by VMWare), athenahealth (acquired by Veritas Capital), CarGurus (disqualified as not SaaS), Medidata Solutions (acquired by Dassault Systèmes), 2U (market cap too low), Ellie Mae (acquired by private equity), and Zuora (market cap too low).Dsm-firmenich is excited to confirm the successful merger of DSM and Firmenich and the resulting launch of a new company that brings together one of the largest innovation and creation communities in nutrition, health, and beauty. The smallest company on the list is PagerDuty, with a market value of $1.9 billion.Īll eight of the companies appearing in the list for the first time in 2020 had IPOs in 2019: Zoom, Slack, CrowdStrike, Datadog, Dynatrace, Medallia, Change Health, and PagerDuty. The average value of the top 50 largest SaaS companies is $14.6 billion, but the median value is only $7.7 billion, thanks to a handful of huge companies at the top skewing the average upwards. Thirty-three (or 78.6%) of the companies saw their value increase, which isn’t very surprising given the performance of the broader U.S. Of the 42 companies appearing on the list in both 20, the average value increased by $3.6 billion and the median value increased by $1.3 billion. The composition of the top 10 SaaS companies hasn’t changed a lot over the past year, with one glaring exception: Zoom IPO’ed less than a year ago in April, 2019, and is already the 8th-largest SaaS business in the country. No other company that first appeared on the list last year added more than $8 billion to its market cap. ServiceNow had the third-highest growth, adding $14.8 billion in value. That moved it up three spots in the list, making it the third largest SaaS company. Shopify grew almost as dramatically as Salesforce over the past year, adding $31.2 billion in value to its market cap. That’s bigger than the entire market value of Atlassian ($33.3 billion), the fifth-largest company on the list. Since I first compiled this list in February, 2019, Salesforce has added $36.0 billion dollars to its market cap. Salesforce has also grown the most in value over the past year. That’s 2.8x bigger than the value of the second-largest company, ServiceNow ($57.9 billion). Salesforce is still the largest SaaS company in the U.S., with a market capitalization of $161.4 billion. Highlights of 2019Īll market cap figures are for January 15, 2020, unless otherwise indicated. The only other new entrant to the top 10 was Adobe, but that’s because Adobe’s sources of revenue finally qualify it as a SaaS company. In 2020, Snowflake‘s IPO launched it into the top 10. Shopify saw the largest absolute increase in value: $108 billion (+208%). Meanwhile, the average value–$38.1 billion, up 162% in the past year–far outpaced the median thanks to a small set of companies continuing to capture the lion’s share of value in the market: the top 10 biggest companies are worth 61% of the top 50.Īmong the top 10, Zoom’s valuation enjoyed the highest growth rate over the past ~year: an astonishing 420%, which added $88 billion to its market cap. The median value of the top 50 largest SaaS companies increased by 179% over the past ~year to $21.5 billion. In 2020, the market value of the top 10 companies broke $1 trillion for the first time. ![]() Highlights of 2020Īll market cap figures are for February 26, 2021, unless otherwise indicated.Ģ020 was a year of explosive growth in valuations of public SaaS companies. Is there a company missing from the list? Please let me know. (Atlassian’s headquarters is in Sydney, Australia, for example.) stock exchanges, but not all of them are based in the U.S. I originally compiled this list for my research on the best B2B SaaS marketing channels and on SaaS website best practices.įor this list, I’ve defined “SaaS companies” as those with >65% of revenue attributed to recurring payments for cloud-based software.Īll of these SaaS businesses are listed on U.S. It might take a second or two for the embedded dashboard below to load. This list is automatically updated at least weekly. ![]() These are the 50 biggest SaaS companies by market capitalization on U.S. The 50 Biggest Public SaaS Companies in the U.S. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |