How multinational corporations operate has changed a great deal since the advent of Software-as-a-Service (SaaS) providers. Since its inception in the 1960s, SaaS has developed from a simple time-sharing system to cutting-edge, effective programs accessible on numerous computers.
According to a 2017 report, 73 percent of businesses will run almost solely on SaaS apps by 2020. It’s safe to say they were right on the money! Today, we’ll talk about the SaaS industry and the top 50 SaaS companies of 2022.
Important SaaS Stats for 2021
Before we get to our list, let’s go over some key SaaS stats for 2021:
- Most businesses anticipate using SaaS, according to 73 percent of respondents.
- The business mobile market is expected to reach $7.4 billion.
- 380 million hours will be worked on SaaS cloud-based platforms.
- SaaS-related revenue will reach around $142 billion in 2022.
Top 50 SaaS Companies of 2022
After analyzing several ranking reports of the world’s top SaaS firms in 2021, we have compiled a list of 2022’s top firms to ensure only the best names come your way.
Best SaaS for Security and Information Technology
| SaaS | Year Founded | CEO | Company Type | Main Office |
| Parallels | 1990 | Birger Steen | Public | Bellevue, Washington |
| Solarwinds | 1999 | Kevin Thompson | Public | Austin, Texas |
| KnowBe4 | 2010 | Stu Sjouwerman | Private | Clearwater, Florida |
| Fleetsmith | 2016 | Zack Blum | Private | San Francisco, California |
| LogMeIn | 2003 | William Wagner | Public | Boston, Massachusetts |
1. Parallels
Year Founded: 1990
Type of Company: Public
Chief Executive Officer: Birger Steen
Main Office: Bellevue, Washington
Technology is a field where nothing is static. However, Parallels has been the undisputed leader in the field of cross-platform virtualization software for macOS for the past 20 years. After its founding in 1999, the SaaS company generated $100 million in sales in just nine years.
2. Solarwinds
Year Founded: 1999
Type of Company: Public
Main Office: Austin, Texas
Chief Executive Officer: Kevin Thompson
With more than 275,000 clients across 190 countries, Solarwinds is a top supplier of effective and reasonably priced IT infrastructure management software. Thanks to Solarwind, organizations may monitor their IT environments using hybrid or cloud-based models.
3. KnowBe4
Year Founded: 2010
Type of Company: Private
Headquarters: Clearwater, Florida
Chief Executive Officer: Stu Sjouwerman
KnowBe4 is one of the biggest security awareness training and phishing simulation platforms that handle global businesses’ IT issues. It has attained the #161 Inc. 5000 Rank in the security sector in 2019 and is known for “conquering human mistake.”
4. Fleetsmith
Year Founded: 2016
Type of Company: Private
Main Office: San Francisco, California
Chief Executive Officer: Zack Blum
Fleetsmith is a SaaS-based platform for managing an Apple fleet that automates Apple device configuration, intelligence, security, and patching. The founding team sought to address a variety of commercial solutions for similar device management issues.
5. LogMeIn
Year Founded: 2003
Type of Company: Public
Headquarters: Boston, Massachusetts
Chief Executive Officer: William Wagner
This SaaS- and cloud-based remote connectivity services provider reported $1.2 billion in revenue for the year 2017. Its solutions support tens of millions of daily users globally and are supported by one of the top 10 SaaS firms in the world.
Best SaaS for Customer Service
| SaaS | Year Founded | CEO/s | Company Type | Main Office |
| Atlassian | 2002 | Mike Cannon-Brookes and Scott Farquhar | Public | Sydney, Australia |
| Zendesk | 2007 | Mikkel Svane | Public | San Francisco, California |
| Intercom | 2011 | Karen Peacock | Private | San Francisco, California |
| HelpScout | 2011 | Nick Francis | Private | Boston, Massachusetts |
| Front | 2013 | Mathilde Collin | Private | San Francisco, California |
| Acquire | 2018 | Laduram Vishnoi | Private | San Francisco, California |
6. Atlassian
Year Founded: 2002
Type of Company: Public
Main Office: Sydney, Australia
Chief Executive Officer: Mike Cannon-Brookes and Scott Farquhar
The Atlassian Corporation has generated billions of dollars in revenue despite not having a corporate sales team, all thanks to the creation of user-friendly project management, team communication, and software development tools like JIRA and Confluence.
7. Zendesk
Year Founded: 2007
Type of Company: Public
Main Office: San Francisco, California
Chief Executive Officer: Mikkel Svane
Due to their lack of knowledge of the region, Zendesk initially chose to hire individuals from their own Denmark rather than from Silicon Valley. Multiple products and apps for agents, managers, developers, and end users were produced as a result of their confidence in the creativity of their engineers and the culture of their company.
8. Intercom
Year Founded: 2011
Type of Company: Private
Main Office: San Francisco, California
Chief Executive Officer: Karen Peacock
In the most unusual manner, Intercom employs effective marketing techniques, including dynamic keyword insertion, CTAs, and SEO growth methods. Interestingly, it generated $50 million in recurring income in 2019. Without even shelling out outrageous sums of money for promotion, a success percentage like this is quite uncommon.
9. Help Scout
Year Founded: 2011
Type of Company: Private
Main Office: Boston, Massachusetts
Chief Executive Officer: Nick Francis
Help Scout understands the importance of providing exceptional customer care. As such, this email-based customer support platform offers a knowledge base tool and an embeddable search/contact widget for customer service professionals.
10. Front
Year Founded: 2013
Type of Company: Private
Main Office: San Francisco, California
Chief Executive Officer: Mathilde Collin
Front.com supports more than 5,000 enterprises by combining efficient processes, help desk analytics, and the simplicity of email. They support the concept of putting “emails into action.”
11. Acquire
Year Founded: 2018
Type of Company: Private
Main Office: San Francisco, California
Chief Executive Officer: Laduram Vishnoi
Acquire is a premier SaaS platform for customer management with the main goal of offering a contemporary digital customer experience. The business has developed a reputation as one of the top platforms for client engagement, offering an incredibly rich digital customer experience.
The CEO firmly believes in providing its engineers a free hand, resulting in an open-ended culture supportive of high-quality product innovation.
Best SaaS for Human Resource
| SaaS | Year Founded | CEO | Company Type | Main Office |
| BambooHR | 2008 | Bradley Rencher | Private | Lindon, Utah |
| Gusto | 2011 | Josh Reeves | Private | San Francisco, California |
| 2002 | Ryan Roslansky | Public | California | |
| Lever | 2012 | Nate Smith | Private | San Francisco, California |
| Upwork | 2015 | Hayden Brown | Public | Santa Clara, California |
12. BambooHR
Year Founded: 2008
Type of Company: Private
Main Office: Lindon, Utah
Chief Executive Officer: Bradley Rencher
Small firms frequently discover that there are inadequate options for payroll services, ERP, and other business needs. Small business owners will benefit from BambooHR. Free trials, prompt implementation, and simple, adaptable solutions are all things they provide.
13. Gusto
Year Founded: 2011
Type of Company: Private
Main Office: San Francisco, California
Chief Executive Officer: Josh Reeves
Gusto provides a platform that enables companies to manage all processes in a scalable and flexible way while supporting their staff.
14. LinkedIn
Year Founded: 2002
Type of Company: Public
Main Office: California
Chief Executive Officer: Ryan Roslansky
LinkedIn, a powerhouse for business people, will soon mark its 17th birthday. Its 65 million customer base entrusts it with content sharing, advertisements, hiring, and business management. What originally served as recruiting software is now used by 94 percent of business-to-business (B2B) for content marketing and 84 percent for lead creation.
15. Lever
Year Founded: 2012
Type of Company: Private
Main Office: San Francisco, California
Chief Executive Officer: Nate Smith
Lever has one of the top marketing tools for recruitment and tracking systems for applicants. Some of the top companies around the globe use its sophisticated recruitment software. Lever raised a $2.8 million seed round, followed by numerous subsequent seed rounds.
16. Upwork
Year Founded: 2015
Type of Company: Public
Main Office: Santa Clara, California
Chief Executive Officer: Hayden Brown
Upwork offers a creative workspace for users on its SaaS (software-as-a-service) platform. It has five million registered clients and 12 million registered freelancers.
Best Product-based SaaS
| SaaS | Year Founded | CEO | Company Type | Main Office |
| Typeform | 2012 | Joaquim Lecha | Private | Spain |
| Sketch | 2010 | Pieter Omvlee | Private | European Union |
| Adobe Creative Cloud | 2011 | Shantanu Narayen | Public | San Jose, California |
| Zeplin | 2014 | Pelin Kenez | Private | San Francisco, California |
| Userpilot | 2018 | Yazan Sehwail | Private | San Francisco, California |
| SAP | 1972 | Christian Klein | Public | Germany |
17. Typeform
Year Founded: 2012
Type of Company: Private
Main Office: Spain
Chief Executive Officer: Joaquim Lecha
This startup got its start thanks to a straightforward yet effective solution—outstanding forms that enable significant customer interactions.
18. Sketch
Year Founded: 2010
Type of Company: Private
Main Office: European Union
Chief Executive Officer: Pieter Omvlee
Since 2011, Sketch has been reinventing design by being up to date with the most recent technical situations. As of writing, its latest update is Version 90, which includes a new app you can download on your iPhone.
19. Adobe Creative Cloud
Year Founded: 2011
Type of Company: Public
Headquarters: San Jose, California
Chief Executive Officer: Shantanu Narayen
Adobe is a pioneer among product-based SaaS providers offering over 15 million customers a diverse collection of tools through over 20 desktop and mobile apps. These include photography, design, web development, and video editing, among many others.
20. Zeplin
Year Founded: 2014
Type of Company: Private
Main Office: San Francisco, California
Chief Executive Officer: Pelin Kenez
Zeplin offers a cozy, collaborative workspace for teams to communicate while accommodating the needs of developers, designers, and managers.
21. Userpilot
Year Founded: 2018
Type of Company: Private
Main Office: San Francisco, California
Chief Executive Officer: Yazan Sehwail
With Userpilot’s product experience software, marketing teams may increase user feature engagement, activation, and total product adoption at any point in the user’s journey.
22. SAP
Year Founded: 1972
Type of Company: Public
Main Office: Germany
Chief Executive Officer: Christian Klein
SAP helps you manage customer relations and business operations via its reliable enterprise software. For this reason, it continues to see an increase in its cloud and software sales and service revenue. These values are anticipated to grow by five percent yearly.
Best Engineering SaaS
| SaaS | Year Founded | CEO | Company Type | Main Office |
| GitHub | 2008 | Nat Friedman | Private | San Francisco, California |
| BrowserStack | 2011 | Ritesh Arora | Private | Mumbai, India |
| IntelliJ IDEA | 2001 | Maxim Shafirov | Private | Czech Republic |
| Pingdom | 2007 | Sam Nurmi | Private | Sweden |
| Circle CI | 2011 | Jim Rose | Private | San Francisco, California |
23. GitHub
Year Founded: 2008
Type of Company: Private
Main Office: San Francisco, California
Chief Executive Officer: Nat Friedman
GitHub has been dubbed the “haven for programmers” since 2008. Offering services following the SaaS model, over 40 million people use it today, contributing to the success of a hundred million projects.
24. BrowserStack
Year Founded: 2011
Type of Company: Private
Main Office: Mumbai, India
Chief Executive Officer: Ritesh Arora
BrowserStack is a cloud mobile and internet testing platform boasting over 25,000 users worldwide. This SaaS provider guarantees quick and easy tests and clear results, as well as seamless integration with the current configuration.
25. IntelliJ IDEA
Year Founded: 2001
Type of Company: Private
Main Office: Czech Republic
Chief Executive Officer: Maxim Shafirov
IntelliJ IDEA was created by Jetbrains, a recognized provider of leading-edge software, to increase developer efficiency. It makes use of deployment experience and is among the most effective supports for Java IDE.
26. Pingdom
Year Founded: 2007
Type of Company: Private
Main Office: Sweden
Chief Executive Officer: Sam Nurmi
Pingdom offers site performance info that affects a customer’s search ranking, bounce rates, conversions, site views, and revenue. Its portfolio includes notable clients, such as Pinterest, Facebook, and Spotify, in addition to 700,000 other clients.
27. Circle CI
Year Founded: 2011
Type of Company: Private
Main Office: San Francisco, California (United States)
Chief Executive Officer: Jim Rose
Software firms can use CircleCI’s services for SaaS delivery and continuous integration to help with the development process.
Best SaaS for Business Operations
| SaaS | Year Founded | CEO | Company Type | Main Office |
| Cledara | 2018 | Cristina Vila | Private | Canada Square, London |
| Slack | 2009 | Stewart Butterfield | Public | San Francisco, California |
| Cisco | 1984 | Chuck Robbins | Public | California, United States |
| Zoom | 2011 | Eric Yuan | Public | San Jose, California |
| Microsoft Office 365 | 2006 | Satya Nadella | Public | Redmond, Washington, United States |
28. Cledara
Year Founded: 2018
Type of Company: Private
Main Office: Canada Square, London
Chief Executive Officer: Cristina Vila
Cledara is a software program that helps companies manage and streamline management, buying, and cancellation processes from one location. Users can see all their subscriptions and monitor the SaaS use of every team member through the platform.
29. Slack
Year Founded: 2009
Type of Company: Public
Main Office: San Francisco, California
Chief Executive Officer: Stewart Butterfield
One of the fastest growths in SaaS company history has been experienced by Slack. It’s interesting that their method of selling their platform boosts their profits. They have a directory of more than 1,500 apps.
30. Cisco
Year Founded: 1984
Type of Company: Public
Main Office: California, United States
Chief Executive Officer: Chuck Robbins
Growth by acquisition, as it is known in the industry, is how Cisco expanded. A long time ago, the current leader in global IT attempted to manufacture cameras as a way to increase its market share. Today, it offers as-a-service solutions in security, networking, collaboration, and data center.
31. Zoom
Year Founded: 2011
Type of Company: Public
Main Office: San Jose, California
Chief Executive Officer: Eric Yuan
By 2022, the market size for this SaaS provider of video conferencing is predicted to be $43.1 billion. Interestingly, Zoom is expanding at a rate of more than 100% annually!
32. Microsoft Office 365
Year Founded: 2006
Type of Company: Public
Office: Redmond, Washington, United States
Chief Executive Officer: Satya Nadella
No introduction is necessary for a company that provides services to 200 million active users each month. Additionally, if the same rise in users is attained, the growth rate of a huge base slows down.
Best Software-as-Service for DevOps
| SaaS | Year Founded | Company Type | Main Office | CEO |
| PagerDuty | 2009 | Public | San Francisco, California | Jennifer Tejada |
| Sentry | 2012 | Private | San Francisco, California | Milin Desai |
| Namecheap | 2000 | Private | Los Angeles, California | Richard Kirkendall |
| WP Engine | 2010 | Private | Austin, Texas, United States | Heather Brunner |
| Datadog | 2010 | Public | New York City, New York | Olivier Pomel |
33. PagerDuty
Year Founded: 2009
Type of Company: Public
Main Office: San Francisco, California
Chief Executive Officer: Jennifer Tejada
With its flexible platform, PagerDuty facilitates real-time operations in enterprises. It gathers data and key insights, analyzes them, interacts with those who are affected, and produces succinct outcomes. For the streamlined processing of organizational operations, it provides over 350 integrations.
34. Sentry
Year Founded: 2012
Type of Company: Private
Main Office: San Francisco, California
Chief Executive Officer: Milin Desai
To find and fix software flaws, more than one million engineers use the Sentry SaaS platform. Sentry is your shield against bugs in the code, thanks to cross-functional visibility, provided servers, and trustworthy performance monitoring.
35. Namecheap
Year Founded: 2000
Type of Company: Private
Main Office: Los Angeles, California
Chief Executive Officer: Richard Kirkendall
Namecheap is an ICANN-accredited domain name registrar. It provides affordable pricing for 11 million registered consumers with more than 10 million domains. Customers may even sell names they have acquired from Namecheap.
36. WP Engine
Year Founded: 2010
Type of Company: Private
Main Office: Austin, Texas, United States
Chief Executive Officer: Heather Brunner
WP Engine is the top WordPress digital experience platform because it offers a mix of innovative technologies and superior customer support. They currently generate $132 million in recurring revenue annually and anticipate reaching $200 million in revenue by 2020.
37. Datadog
Year Founded: 2010
Type of Company: Public
Main Office: New York City, New York
Chief Executive Officer: Olivier Pomel
Datadog was one of the year’s most prosperous IPOs due to its excellent analytics and workflow monitoring services.
As a SaaS provider that is constantly improving, its dollar-based net retention rate topped 146%, which clearly showed how much the clients appreciated the updates. Additionally, intensive R&D shows to be a wise decision for SaaS.
Best SaaS for Marketing
| SaaS | Year Founded | Main Office | Company Type | CEO |
| Mailchimp | 2001 | Atlanta, Georgia, United States | Private | Ben Chestnut |
| Semrush | 2008 | Boston, Massachusetts, United States | Private | Oleg Shchegolev |
| Arctic PinPoint | 2013 | Bengaluru, Karnataka, India | Private | Prem Gupta |
| Canva | 2012 | Sydney, Australia | Private | Melanie Perkins |
| Eventbrite | 2006 | San Francisco, California, United States | Public | Julia Hartz |
| Act-on | 2008 | Oregon, United States | Private | Kate Johnson |
| Elementor | 2016 | Ramat Gan, Israel | Private | Yoni Luksenberg |
38. Mailchimp
Year Founded: 2001
Type of Company: Private
Main Office: Atlanta, Georgia, United States
Chief Executive Officer: Ben Chestnut
Mailchimp started out as a failed web venture. It only became successful after it ceased charging everyone for its email marketing solutions. Today, 14,000 new subscribers join this 18-year-old email empire every day.
39. Semrush
Year Founded: 2008
Type of Company: Private
Main Office: Boston, Massachusetts, United States
Chief Executive Officer: Oleg Shchegolev
With only 800 specialists, this top platform for competitive analysis in online marketing took only 11 years to spread over two continents.
40. Aritic PinPoint
Year Founded: 2013
Type of Company: Private
Main Office: Bengaluru, Karnataka, India
Chief Executive Officer: Prem Gupta
Aritic PinPoint is a full-stack marketing automation software platform designed for teams in charge of marketing operations. It offers a landing page, lead scoring, lead nurturing, lead tracking, and email campaigning tools with a mobile-optimized design, CRM, and social connectors.
41. Canva
Year Founded: 2012
Type of Company: Private
Main Office: Sydney, Australia
Chief Executive Officer: Melanie Perkins
Canva takes pride in its product and business model, claiming to have amassed over 15 million users in less than seven years. By making graphic creation tools simpler, they have seen fantastic client growth.
42. Eventbrite
Year Founded: 2006
Type of Company: Public
Headquarters: San Francisco, California, United States
Chief Executive Officer: Julia Hartz
The CEO of the online ticketing and event management site argues that the first rule of their success is a concentrated focus. They went from making zero dollars to making $10 billion.
43. Act-on
Year Founded: 2008
Type of Company: Private
Main Office: Oregon, United States
Chief Executive Officer: Kate Johnson
Act-on shows how an advanced marketing tool may mature and become the marketing automation software of choice for medium-sized businesses. It still receives praise for its development, offering, and leadership.
44. Elementor
Year Founded: 2016
Type of Company: Private
Main Office: Ramat Gan, Israel
Chief Executive Officer: Yoni Luksenberg
Elementor is the preferred platform for web designers looking to create WordPress websites without writing any code.
Supplying more than 6.5% of all websites on the internet, almost anyone can create their dream website using Elementor. It is a popular option for companies wishing to design websites with strong marketing and sales functionality, thanks to tools like its code-free popup builder.
Best SaaS Sales
| SaaS | Year Founded | Company Type | Main Office | CEO |
| Salesforce | 1999 | Public | San Francisco, California, United States | Marc Benioff |
45. Salesforce
Year Founded: 1999
Type of Company: Public
Main Office: San Francisco, California, United States
Chief Executive Officer: Marc Benioff
Salesforce is frequently listed as the first name on the list of the most prosperous SaaS businesses. As a digital behemoth and one of the top providers of CRM software, Salesforce offers cloud-based sales applications you can put to good use.
Salesforce, which has a market value of more than $117.8 billion, has benefited more than 150,000 businesses since its founding in 1999.
Best SaaS for Finance and Accounting
| SaaS | Year Founded | Company Type | Main Office | CEO |
| PayPal | 1998 | Public | San Jose, California, United States | Daniel Schulman |
| Bill.com | 2006 | Public | Palo Alto, California | René Lacerte |
| Avalara | 2004 | Public | Seattle, Washington, United States | Scott McFarlane |
| ADP | 1949 | Public | New Jersey, United States | Carlos A. Rodriguez |
| Intuit | 1983 | Public | Mountain View, California | Sasan Goodarzi |
46. PayPal
Year Founded: 1998
Type of Company: Public
Main Office: San Jose, California, United States
Chief Executive Officer: Daniel Schulman
With a remarkable history, this SaaS company operates in over 202 nations. On average, each active account’s payment activity is recorded 32 times.
47. Bill.com
Year Founded: 2006
Type of Company: Public
Main Office: Palo Alto, California
Chief Executive Officer: René Lacerte
Bill.com automates financial processes. In a news release, they revealed that the number of payments it processes has increased by 124%. It is true that this SaaS company makes money by helping SMBs with invoicing and payments.
48. Avalara
Year Founded: 2004
Type of Company: Public
Main Office: Seattle, Washington, United States
Chief Executive Officer: Scott McFarlane
On Deloitte’s Technology Fast 500 list, Avalara was the top supplier of tax compliance automation software for enterprises. Businesses of all sizes are catered to by its SaaS solutions for transaction taxes, communications, and more.
49. ADP
Year Founded: 1949
Type of Company: Public
Main Office: New Jersey, United States
Chief Executive Officer: Carlos A. Rodriguez
Automatic Data Processing or ADP offers payroll, human resources, and tax solutions to medium-sized firms. Due to the decline in unemployment rates and excellent client retention rates, it has seen a 15 percent increase in revenue over the past two years.
50. Intuit
Year Founded: 1983
Type of Company: Public
Main Office: Mountain View, California
Chief Executive Officer: Sasan Goodarzi
Intuit puts a lot of effort into knowing and empathizing with its customers to empower them with financial prosperity. It also focuses on developments that motivate employees to engage in research and development.
Top 50 SaaS Firms: Key Takeaway
What do online users typically ask about SaaS companies? Based on this list of the top 50 SaaS companies of 2022, it is safe to assume that the demand for SaaS services won’t be declining any time soon. Don’t hesitate to use this list to help boost revenue growth and accomplish other business goals.
SaaS Companies FAQs
1. How large is the SaaS industry?
The market for Software-as-a-Service (SaaS) is anticipated to reach a value of $208 billion by 2023 from an estimated 2021 value of around $152 billion. SaaS apps are typically accessed via desktop, mobile, and web interfaces, in addition to being hosted in the cloud and running on a server.
2. Are SaaS firms the future?
SaaS now dominates the industry for cloud computing. According to experts, the market for service-based cloud applications is now valued at $143.7 billion. By 2028, it is expected to reach $720.44 billion, an explosive growth that will influence SaaS trends in that year.
3. Can Netflix be considered a SaaS company?
The answer to this question is a resounding yes. Netflix is a SaaS company that provides software for on-demand viewing of licensed films. It operates on a subscription-based approach, where the user selects a subscription package and pays a set amount every month or every year.
4. Where is SaaS most prevalent?
Statista reports that the top nations for SaaS companies are the US and the United Kingdom, followed by Canada, Germany, France, India, and China. In 2020, the size of the American SaaS market was estimated at $5.8 billion.
5. Is it easy to learn SaaS?
Learning SaaS is quick and simple compared to intricate internal IT initiatives with extended lead times. According to the Harvard Business Review, when told it would only take five weeks to get a cloud application up and running, the marketing head of a big credit card company felt “like a child in a candy store.”
