19 Boston SaaS companies you should know

Justine  Hofherr

Boston has become a major stage for Software-as-a-Service (SaaS) companies offering unique and groundbreaking technologies.  

Software companies that offer cloud-based solutions that can be quickly implemented and are not only scaleable, but also cost-effective and customizable, have reshaped the infrastructure of day-to-day business operations in dozens of industries.

We've selected 19 Boston-based SaaS companies using cloud technology to influence just about everything — from small business schedule management to cybersecurity.  

 

What they do: AppNeta is an app performance monitoring company with solutions for apps you develop, SaaS apps you use and networks that deliver them.

Who’s using it: eBay, Citrix, National Instruments, athenahealth

Funding: $55M

Founded: 2000

 

Evertrue Boston SaaS

What they do: EverTrue's vertical SaaS solutions bring modern sales and marketing software to the $350 billion philanthropic giving market.

Who’s using it: Emmanuel College, Boston University, Union College, Purdue University

Funding: $14.57M

Founded: 2010

 

Insight Squared Boston SaaS

What they do: InsightSquared is a sales performance analytics solution that provides reports on every major sales metric. Unlike spreadsheets, InsightSquared has visual-heavy, maintenance-free reports and dashboards that provide a unique lens into real-time sales results.

Who’s using it: Fuze, Optimizely, Veracode, WhiteHat Security

Funding: $27M

Founded: 2010

 

What they do: Localytics is a mobile engagement platform for mobile and web apps.

Who’s using it: Microsoft, ESPN, Tumblr, Rue La La

Funding: $59.75M

Founded: 2009

 

What they do: LogMeIn provides SaaS-based remote connectivity, collaboration and support solutions for businesses and consumers. The company’s suite of available tools helps companies create connected products, manage valuable data and engage more closely with customers. In July 2016, LogMeIn announced a $1.8 billion merger with a division of Citrix Systems Inc. that would triple its size overnight, creating a Boston software firm with nearly 3,000 employees and more than $1 billion in annual revenue.

Who’s using it: General Electric, Hewlett-Packard, and Asurion

Funding: Went public in 2009

Founded: 2003

 

 

Vestmark Boston SaaS

What they do:  Vestmark’s platform offers wealth management and investment advisory solutions. Vestmark's customers currently manage more than a million accounts representing over $250 billion in assets under management.

Who’s using it: Fidelity Investments, Edward Jones

Funding: $31.7M

Founded: 2011

 

Yesware Boston SaaS

What they do: Yesware is an all-in-one sales acceleration platform that helps salespeople connect with prospects, track engagement and close deals.

Who’s using it: Dyn, Mimeo, CloudLock

Funding: $33M

Founded: 2010

 

Akamai SaaS Boston

What they do: Akamai is the leading provider of cloud services for helping organizations provide secure and high-performing user experiences on any type of device.

Who’s using it: Adobe, Airbnb, American Idol, Audi, Autodesk, Boston Scientific

Funding: Went public in 1999

Founded: 1998

 

Appcues Boston SaaS

What they do: Appcues is a user onboarding software solution that delivers guided product tours that improve usability and user engagement through unique interactive tutorials.

Who’s using it: HubSpot, Segment, KISSmetrics

Funding: $1.2M

Founded: 2013

 

What they do: Bison provides users with relevant news coverage and complete fundraising datasets for the private equity and venture capital market.

Who’s using it: Five Points Capital, SV Life Sciences, Greenspring Associates

Funding: $1.34M

Founded: 2011

 

What they do: Blueleaf's platform simplifies wealth management workflows, giving users access to data, document sharing, account aggregation, client engagement technology and financial planning tools.

Who’s using it: Bank of America, Fidelity Investments, Vanguard

Funding: $1.9M

Founded: 1999

 

Bullhorn Boston SaaS

What they do: Bullhorn provides cloud-based customer relationship management (CRM) solutions for companies in business services industries.

Who’s using it: APEX Systems, Harvey Nash, Mee Derby, Spencer Gray Staffing Solutions

Funding: $27.5M

Founded: 1999

 

What they do: Carbonite offers cloud and data protection that includes advanced backup, rapid recovery and anywhere access for businesses or individuals.

Who’s using it: RE/MAX Professionals Realty, Winn Brown Law Firm, Watertown Dental

Funding: $67M

Founded: 2005

 

ellevationeducation boston saas

What they do: Ellevation Education is a web-based software platform specifically designed for ELL educators and English learners.

Who’s using it: Alabaster City Schools, Greenfield Union Schools,

Funding: $12.25M

Founded: 2006

 

Kensho Tech

What they do: Kensho's intelligent computer systems are capable of answering complex financial questions posed in plain English, which is helpful for financial professionals.

Who’s using it: Goldman Sachs, CNBC

Funding: $57M

Founded: 2013

 

Nanigans Boston SaaS

What they do: Nanigans provides advertising automation software that powers some of the world’s top in-house performance marketing teams.

Who’s using it: Rue La La, Wayfair, Zynga

Funding: $32.85M

Founded: 2014

 

What they do: Patheer is a skills development platform that helps organizations leverage data analytics to deliver an insight into their employees' current skills, gaps, possibilities and aspirations.

Who’s using it: N/A

Funding: $225k

Founded: 2013

 

What they do: Tripleshot helps institutional asset managers buy and sell equity securities more effectively in rapidly changing markets.

Who’s using it: Capital Research and Management, Brandywine Global Investment Management

Funding: $5M

Founded: 2011

 

What they do: Workable helps small and medium-sized businesses manage their recruitment process with simple tools to promote jobs online, review candidates and schedule interviews.

Who’s using it: Lyst, AREA 17, Intercom

Funding: $34.16M

Founded: 2012

 

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