List honors fastest growing ‘software as a service’ companies worldwide
July 29, 2020 (Saskatoon, CANADA) – Vendasta, the leading end-to-end e-commerce platform for companies selling digital solutions to local businesses, is proud to be listed at #27 in Saas Mag’s 2020 SaaS 1000, released this week.
The annual ranking sorts SaaS companies by growth, using a proprietary algorithm informed by hiring patterns, revenue, funding, years in business, and other factors.
“We have seen tremendous growth. Many small businesses were not ready for the environment created by covid and were unable to operate normally. The need for e-commerce and remote work has accelerated. Change that was expected to take five years happened in a matter of weeks,” said Vendasta CEO Brendan King. “We are very fortunate to be in the business of supplying the tools and resources to help business owners when they need it most.”
Companies must have between 30 – 5,000 employees and must provide statistics to SaaS Mag to qualify.
Vendasta provides an end-to-end commerce platform to 28,000+ customers who sell digital products and services to more than 3.8 million small and medium businesses (SMBs) worldwide. These customers include marketing agencies, independent software vendors (ISVs), and media companies. The Vendasta Platform allows these groups to easily adopt new solutions from a marketplace of SaaS technologies that they can sell under their own brand to SMB customers. The platform provides AI-driven marketing automation, sales tools, and an integrated CRM to facilitate go-to-market. It also includes task, orders, and billing management systems to help scale through robotic process automation. SMBs are provided one login for all solutions purchased under a Vendasta customer’s brand. They enjoy one integrated dashboard with prescription, context, and tracking to understand how they are doing and how they can improve performance. Vendasta has a growing team of more than 400 people based in Saskatoon, Saskatchewan, Canada, and has been named one of Canada and North America’s fastest growing companies for five years in a row.
About SaaS Mag:
SaaS Mag, the world’s biggest quarterly SaaS publication to date, is for those working or interested in the industry. They speak directly to the biggest players in the SaaS space to gather key business and technical insights, as well as current market trends. Born from SaaS M&A advisors who have had the privilege to encounter no shortage of brilliant SaaS founders, executives, and investors. Recognizing that the SaaS industry has expanded exponentially over the last decade—and it’s no wonder given the influence of technology on businesses—these advisors saw a need for a community to support enthusiasts of the dynamic SaaS industry. Distributed to a network of tens of thousands of professionals in the SaaS space, offering expert techniques, advice and profiles from owners, advisors and leading commentators in SaaS.
Media Contact Information:
Director of Product Marketing, Vendasta