Companies in Vertical SaaS
There are 156,923 companies in Vertical SaaS which include Workday, LinkedIn, Shiprocket, Shopify, athenahealth. 27,039 companies in Vertical SaaS are funded, with 14,911 having secured Series A funding. Till date, the sector has seen the creation of 257 Unicorns. United States has the most number of companies in Vertical SaaS (46,681), followed by India
(17,097), and then United Kingdom (12,382).
2026 has seen the creation of 9,068 Vertical SaaS companies. On average, the last 10 years have seen 6,980 new companies launched every year. Most number of Vertical SaaS startups have been founded by alumni from Stanford University, Harvard University and Massachusetts Institute of Technology.
Here is a List of top companies in Vertical SaaS

1. Workday
Developer of cloud software for human resources finance and operations. The software provides tools for managing workforce planning, payroll, financial accounting, and contract lifecycle management. The platform integrates data across business functions to assist with organizational management and administrative tasks. It includes artificial intelligence capabilities designed to automate workflows and support decision-making processes for enterprise management.
Key facts about Workday
- Founded Year: 2005
- Location: Pleasanton (United States)
- Stage: Public
- Total Funding till date: $352M
- Investors: Greylock Partners, T. Rowe Price and 11 Others
- Latest Funding Round: Post IPO, May 15, 2013, $*****
- Tracxn Score: 88/100 What is this?
- Competitors Rank: 1 of 7,464 Competitors
2. LinkedIn
Network of resources for professional networking, job searching, and skill development. It provides a platform for individuals to connect with other professionals in their industry. The network facilitates opportunities to find employment and internships across various sectors. Additionally, it offers learning resources for developing business, technical, and creative skills.
Key facts about LinkedIn
- Founded Year: 2002
- Location: Sunnyvale (United States)
- Stage: Acquired
- Total Funding till date: $144M
- Investors: Bain Capital Ventures, Sequoia Capital and 51 Others
- Latest Funding Round: Post IPO, Apr 17, 2013, $*****
- Tracxn Score: 87/100 What is this?
- Competitors Rank: 1 of 7,720 Competitors

3. Shiprocket
Provider of e-commerce shipping, fulfillment, marketing, and financial services. The business offers tools for domestic and cross-border shipping, including integrations with courier partners. Fulfillment services encompass warehousing, packaging, and shipping. Marketing solutions include checkout optimisation and customer engagement tools. Financial services provide capital and credit score assessment.
Key facts about Shiprocket
- Founded Year: 2012
- Location: Delhi (India)
- Stage: Public
- Total Funding till date: $322M
- Investors: Temasek, Bertelsmann India Investments and 63 Others
- Latest Funding Round: Series E, Dec 23, 2024, $*****
- Tracxn Score: 87/100 What is this?
- Competitors Rank: 1 of 1,489 Competitors
4. Shopify
Provider of an all-in-one commerce platform for businesses of all sizes. The platform enables merchants to start, grow, market, and manage their retail operations. It offers tools to build brands, create websites, and customize online stores. The platform also provides solutions for selling products online, in person, and across various channels. It facilitates payment acceptance, marketing, customer management, and business analytics.
Key facts about Shopify
- Founded Year: 2006
- Location: Ottawa (Canada)
- Stage: Public
- Total Funding till date: $122M
- Investors: OMERS, Insight Partners and 19 Others
- Latest Funding Round: Series C, Dec 11, 2013, $*****
- Tracxn Score: 87/100 What is this?
- Competitors Rank: 1 of 2,621 Competitors
5. athenahealth
Cloud-based administrative tool for healthcare providers. The company has developed EHR, practice management, and population health solutions. The features include EHR, practice management, revenue cycle management (RCM), patient engagement, population health services, care coordination, clinical decision support, and more.
Key facts about athenahealth
- Founded Year: 1997
- Location: Watertown (United States)
- Stage: Acquired
- Total Funding till date: $49.1M
- Investors: DFJ, Draper Richards and 12 Others
- Latest Funding Round: Series B, Apr 27, 2004, $*****
- Tracxn Score: 86/100 What is this?
- Competitors Rank: 1 of 4,561 Competitors
