Home Artificial Intelligence Top 10 Software and SaaS startups in the USA

Top 10 Software and SaaS startups in the USA

Top 10 Software and SaaS startups in the USA
Top 10 Software and SaaS startups in the USA

SaaS (Software as a Service) is a software distribution model where the service provider hosts the application at a data centre for customers to access it through the internet. It is also referred to as on-demand software. Using this service, customers do not need to maintain the hardware or other resources that were previously required. Now customers can access the software easily through a client program or web browser. 

The global public cloud software as a service (SaaS) market is projected to reach 157 billion U.S. dollars in size in 2020, more than doubling the market size in 2014. According to Hubspot’s 2019 compliance report, in 2019, 68% of organizations said they are mostly or all SaaS-driven, with about 23% saying they operate solely using SaaS apps. Almost two-thirds of the top 100 apps located in the U.S. are headquartered in Silicon Valley, California and nearly 80% of all top 100 SaaS apps in the world are located in the U.S.

Here is a list of the top 10 Software and SaaS startups located in the USA:

1. Forter 

Forter
Forter

It is an e-commerce fraud detection software for online retailers and marketplaces based in New York, USA. The startup provides a fully automated fraud prevention platform powered by a global network of retailers, banks, and payment providers. It protects the customer’s accounts and provides rewarding programs without the fear of fraud and abuse.

Founding Year: 2013

Headquarters: New York, USA

Founders: Alon Shemesh, Liron Damri and Michael Reitblat

Total Funding: US$ 225M

Last Round of investment: US$ 125M, Series E

Investors: Itai Tsiddon, Felix Capital, Bessemer Venture Partners, Commerce Ventures, March Capital, NewView Capital, Scale Venture Partners and Sequoia Capital Israel.

2. Clumio 

Clumio
Clumio

It is a data backup and recovery software based in Santa Clara, USA. Through this software, organizations eliminate hardware and software for on-premise backup and avoid the running of 3rd party backup software in the cloud. The company is used to protect workloads like VMware Cloud on AWS and native AWS services.

Founding Year: 2017

Headquarters: Santa Clara, USA

Founders: Kaustubh Patil, Poojan Kumar and Woon Ho Jung

Total Funding: US$ 186M

Last Round of investment: US$ 135M, Series C

Investors: Sutter Hill Ventures, Index Ventures and Altimeter Capital

3. AktivTrak

AktivTrak
AktivTrak

It is a cloud-based user activity monitoring software which is based in Austin, Texas. The company offers video playback of user activity and processes it into user activity logs. It helps the crew understand how people work, whether in the office or remotely. They have more than 8,000 customers and over 250,000 users of their free version.

Founding Year: 2012

Headquarters: Austin, Texas

Founders: Anton Seidler and Herbert Axilrod

Total Funding: US$ 70M

Last Round of investment: US$ 50M, Series B

Investors: Sapphire Ventures

4. StackHawk 

StackHawk
StackHawk

It is a software which finds and fixes application security bugs before they go to production. ”Security bugs are best-caught pre-production, with the context of the code currently being worked on”, the developers quoted. The software provides a feature where the operator can see when bugs were introduced across environments, review comments on actions taken, and log resolution.

Founding Year: 2019

Headquarters: Denver, USA

Founders: Joni Klippert, Ryan Severns and Scott Gerlach

Total Funding: US$ 14.6M

Last Round of investment: US$ 10M, Series A

Investors: Sapphire Ventures, Matchstick Ventures, Foundry Group, Flybridge and Costanoa Ventures

5. Maestro

Maestro
Maestro

Maestro is a software business that is maximizing value creation in private equity-backed companies. Founded by Accordion, the PE-focused financial consulting and technology firm, Maestro has pioneered the first and only SaaS product that’s purpose-built to streamline portfolio operations and strengthen alignment between sponsors and management teams. With features that enhance collaboration, empower decision-making, and enable the codification of best practices, the Maestro platform serves as an essential solution for the private equity industry – from diligence to exit.

Founding Year: 2019

Headquarters: New York, USA

Founders: Jon Apter and Nick Leopard

Total Funding: US$ 7.2M

Last Round of investment: US$ 7.2M, Series A

Investors: S&P Global Market Intelligence and Accordion Partners

6. Ubiq Security 

Ubiq Security
Ubiq Security

It is a SaaS platform based in San Diego, USA which Simplifies encryption for developers through APIs. By enabling developers to rapidly put together encryption into their applications, Ubiq is encouraging innovators around the world to efficiently build more secure products and experiences.

Founding Year: 2012

Headquarters: San Diego, USA

Founders: Eric Tobias

Total Funding: US$ 6.4M

Last Round of investment: US$ 6.4M, Seed 

Investors: Okapi Venture Capital, TenOneTen Ventures, Volta Global, DLA Piper, Cove Fund and Alexandria Venture Investments

7. Docurated 

Docurated
Docurated

It is a SaaS platform that offers the fastest and simplest way for sales and marketing teams to search and use the content. The software enables users to instantly find and use the most up-to-date page, paragraph, slide and chart without opening a single folder or file, while keeping IT departments satisfied.

Founding Year: 2012

Headquarters: New York, USA

Founders: Alex Gorbansky, Ed Federbush, Irene Tserkovny, Mike Patterson and Ryan Cooke

Total Funding: US$ 5.4M

Last Round of investment: US$ 3.8M, Series A

Investors: Rogers Venture Partners

8. Backbone AI 

backbone AI
backbone AI

It is a software which develops data networks through intercompany automation. The software changes the supplier and customer relationships through real-time data synchronization, fast API connectivity, and third-party application and database integration.

Founding Year: 2019

Headquarters: New York, USA

Founders: Rob Bailey

Total Funding: US$ 4.7M

Last Round of investment: $4.7M, Seed 

Investors: Fika Ventures, GGV Capital, MetaProp NYC, Natalie Diggins and Spider Capital

9. Lately

Lately
Lately

It is the only end-to-end social media marketing powered by humans and AI. The company’s software can be used from startup to international, to plan, create, publish, track, scale and manage content for social media. Hours of work can be done in less than 60 seconds, without using spreadsheets. This software can be used to increase productivity up to 80%, boost traffic by an average of 5 times, cut creation and posting time by 90%, reduce social media marketing costs by up to 60%, and supercharge reach by up to 700 times. 

Founding Year: 2014

Headquarters: New York, USA

Founders: Brian S, Jason DeBacco, Kate Bradley Chernis and Steve Blood

Total Funding: US$ 2.6M

Last Round of investment: US$ 2M, Series B

Investors: Jason Calacanis, Jamie Propp, Jonathan Washburn, Adam B. Cohen, Robert McCausland, Joanne Wilson, Alan Chung and Peter Schweinfurth

10. CoSchedule

CoSchedule
CoSchedule

As a family of agile marketing products, the company serves more than 7,000 customers around the world. It can be used to organize all marketing in one place, which will help its customers stay focused, deliver projects on time, and keep the entire marketing team happy. The startup has been recognised as one of the top 15 leading software providers on the Inc. 5000 list and in Gartner’s 2019 Magic Quadrant for Content Marketing Platforms.

Founding Year: 2013

Headquarters: North Dakota, United States

Founders: Garrett Moon and Justin Walsh

Total Funding: US$ 2.5M

Last Round of investment: US$ 2M, Venture Capital

Investors: North Dakota Development Fund, Jay Baer and Gen7 Investments

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