Building a successful SaaS business is no small feat. There are lessons to learn from those that failed, and inspiration to gain from those that succeed (and lessons too).
This post is about the successes and the inspiration.
We’ve built a list of successful SaaS startups that represent the very best of what SaaS has to offer in 2025—companies that are not only thriving but setting the standard for growth, innovation, and impact in their respective industries.
To curate this list, we considered a range of factors. We looked at expected growth trajectories, analyzing how these companies are scaling their operations and entering new markets. We evaluated their market impact to understand their influence within their industry. Lastly, we considered their innovation potential and how they are leveraging things like AI within their fields.
This isn’t just a ranking of the largest companies or those with the deepest pockets. It’s a spotlight on the SaaS startups and scale-ups that are transforming how we work, collaborate, and solve problems. These companies are defining the future of SaaS—and they’re the ones to watch in 2025.
1. Canva
Year established: 2013
Location: Sydney, Australia
Funds raised: $2.5 billion
Canva, established in 2012 in Sydney, Australia, is one of the top SaaS companies 2025. They have transformed graphic design by offering an intuitive platform that enables users to create professional-quality visuals without extensive design experience. The company has expanded its offerings to include video editing, website creation, and advanced team collaboration features.
In 2025, Canva aims to deepen its penetration into the enterprise market with its "Visual Worksuite," a set of tools tailored for large teams and organizations to manage branding, design, and content creation in one seamless environment. Additionally, the company is exploring AI-powered design automation and personalization to streamline creative workflows and enhance user experience.
Why we have added them to the list
Rapid global user base expansion: Canva has surpassed 200 million monthly active users, indicating significant growth and widespread adoption.
Expanding product portfolio: The introduction of the Visual Worksuite demonstrates Canva's commitment to offering comprehensive design solutions.
Strong push into enterprise markets: Canva's focus on enterprise clients is evident through features designed for team collaboration and brand management.
Significant financial backing and potential IPO: With a valuation nearing $50 billion, Canva is poised for further growth and innovation.
Continuous innovation in UX and design features: The acquisition of Leonardo.ai highlights Canva's dedication to enhancing user experience through AI-driven tools.
Emphasis on enhancing customer experience: Canva's expansion into the UK market underscores its commitment to improving customer experience and retention.
2. Shopify
Year established: 2004
Location: Ottawa, Canada
Funds raised: $3 billion (including post-IPO funding)
Founded in 2006 in Ottawa, Canada, Shopify has turned into one of the fastest growing SaaS companies, providing businesses of all sizes with tools to build and manage their online presence. Beyond its core ecommerce platform, Shopify has broadened its offerings to encompass in-person sales, integrated payment systems, and logistics management.
The company now aims to harness artificial intelligence to deliver more personalized shopping experiences and optimize operational processes. This will reinforce its position as a market leader and enable merchants to expand their global reach.
Why we have added them to the list
Rapid adoption of Shopify Plus for large enterprises: Shopify Plus has seen increased adoption among large enterprises which has contributed to significant revenue growth and market share expansion.
Expansion into AI-driven personalization and automation: Shopify is investing in AI technologies to enhance customer experiences and improve operational efficiency for merchants.
Focus on omnichannel retail integration: The company continues to integrate online and offline sales channels, providing a seamless experience for merchants and customers.
Significant financial resources and ongoing funding: With substantial funds raised, including post-IPO funding, Shopify is well-positioned to invest in innovation and market expansion.
Strategic investments in logistics and fulfillment networks: Shopify is enhancing its logistics and fulfillment capabilities to streamline operations for merchants, improving delivery times and customer satisfaction.
3. Notion
Year established: 2016
Location: San Francisco, California, USA
Funds raised: $343.2 million
Notion has emerged as a versatile all-in-one workspace, combining note-taking, task management, and collaboration tools into a single platform. Its user-friendly interface and customizable templates have attracted a diverse user base, from individuals to large enterprises. In the coming year, Notion plans to enhance its AI capabilities to provide more intelligent and personalized user experiences. This and the focus on expanding its enterprise features to better serve large organizations, makes Notion one of the successful SaaS startups 2025 worth watching.
Why we have added them to the list
Expanding into enterprise markets: Notion is enhancing its platform to meet the complex needs of large organizations.
Anticipated new AI features: The company is investing in AI to offer more personalized and efficient user experiences, such as intelligent content generation and workflow automation.
Strong community-driven growth: Notion has cultivated a vibrant user community that contributes templates, integrations, and feedback, driving continuous improvement and adoption.
Integration with other tools: The platform's ability to integrate with various third-party applications enhances its utility and appeal to a broader audience.
User-friendly interface and customization: Notion's intuitive design and flexibility allow users to tailor their workspace to specific needs. This has contributed to high user satisfaction and retention.
4. Figma
Year established: 2012
Location: San Francisco, California, USA
Funds raised: $748.6 million
Revolutionizing the design industry, Figma offers a web-based platform that enables real-time collaboration among designers, developers, and stakeholders. Its intuitive interface and robust feature set have made it a preferred tool for creating user interfaces and experiences. To maintain its running in the top software as a service companies in 2025, Figma plans to enhance its platform with advanced prototyping capabilities and deeper integrations with development tools. Their aim is to streamline the design-to-development workflow and foster greater collaboration across teams.
Why we have added them to the list
Real-time collaboration for designers: Figma's platform allows multiple users to work simultaneously on design projects which greatly enhances team productivity and creativity.
Disruptor of traditional design tools: By offering a cloud-based solution, Figma has challenged established design software and provides greater accessibility and flexibility.
Potential new collaborative features: Figma plans to introduce advanced prototyping and integration features to its already impressive feature list to streamline workflows between design and development teams.
Expanding user base and community: The platform's user-friendly design and collaborative features have attracted a growing community of designers and developers.
5. ClickUp
Year established: 2017
Location: San Diego, California, USA
Funds raised: $537.5 million
ClickUp has rapidly emerged as a formidable player in the project management software arena, offering a comprehensive platform that consolidates tasks, documents, goals, and more into a single, unified system. By emphasizing user-centric design and continuous innovation, ClickUp has successfully penetrated a saturated market and challenged established competitors. Looking ahead to 2025, the company plans to expand its AI capabilities to further enhance user experience and streamline workflows. They are also focusing on scaling their platform to accommodate larger enterprises and truly become a leader in the productivity software market.
Why we have added them to the list
Comprehensive productivity tool: ClickUp offers an all-in-one platform that consolidates various work tools, reducing the need for multiple applications.
Rapid iteration and user focus: The company frequently updates its platform based on user feedback, demonstrating a commitment to continuous improvement.
Recognized for Innovation : For the past two years ClickUp has been named to Fast Company’s list of the World’s Most Innovative Companies.
Expanding into enterprise markets: The company is enhancing its platform to meet the complex needs of large organizations, including advanced security and compliance features.
Unconventional growth strategies: ClickUp’s growth strategies allowed it to bootstrap its way to the $20 million ARR spectrum, and has carried it ten fold from there.
6. Intercom
Year established: 2011
Location: San Francisco, California, USA
Funds raised: $240 million
Intercom has established itself as a leading customer communication platform, offering businesses a suite of tools for messaging, customer engagement, and support. The platform enables personalized interactions through live chat, email, and in-app messaging, fostering stronger customer relationships. Their 2025 plans include further integration of artificial intelligence into its services to enhance automation and provide more efficient support solutions. The company is also focusing on expanding its enterprise offerings to cater to larger organizations with complex customer communication needs.
Why we have added them to the list
Evolving AI customer support features: Intercom is investing in AI to improve customer support, including the development of Fin, an AI chatbot powered by GPT-4.
Major push into proactive support tools: The company is enhancing its platform to offer proactive support features, aiming to address customer issues before they arise.
Seven consecutive years in the Cloud 100: Seven consecutive years on Forbes Cloud 100 highlights its continued strength and innovation.
Strong market presence and adoption: Intercom serves over 25,000 businesses, including prominent clients like Amazon and Microsoft, demonstrating its significant market impact.
7. Zapier
Year established: 2011
Location: San Francisco, California, USA
Funds raised: $1.4 million
Establishing itself as a cornerstone in the automation landscape, Zapier enables users to connect over 7,000 apps and automate workflows without the need for coding. Its platform simplifies complex processes, allowing businesses to streamline operations and improve efficiency. Zapier 2025 plans are focused on enhancing its AI capabilities, expanding its integration ecosystem, and improving user experience. They want to introduce features that allow users to create and customize workflows using natural language and maintain their leadership in the automation space.
Why we have added them to the list
Increasing automation capabilities: Zapier continues to expand its automation features, enabling users to automate more complex workflows across various applications.
Enhancing AI-powered features: Zapier is investing in AI to allow users to create and customize workflows using natural language, simplifying the automation process.
Expanding integration ecosystem: With over 7,000 app integrations, Zapier is continually adding new applications to its platform, increasing its utility for users.
User-friendly interface and customization: The platform's intuitive design and flexibility allow users to tailor their workflows to specific needs, contributing to high user satisfaction.
8. Airtable
Year established: 2013
Location: San Francisco, California, USA
Funds raised: $1.4 billion
Airtable has redefined the way teams manage and collaborate on data by offering a flexible platform that combines the simplicity of a spreadsheet with the power of a database. Its user-friendly interface allows users to create custom applications without extensive coding knowledge, making it a versatile tool for various industries. In 2025, Airtable plans to enhance its platform with advanced AI features that will streamline workflows and improve data management. In addition to the AI advancements, the company is also focused on expanding its enterprise offerings.
Why we have added them to the list
Innovative no-code platform: Airtable enables users to build custom applications without coding, democratizing app development across organizations.
Expansion of AI capabilities: Airtable introduced AI features to help teams build AI-powered apps on top of shared data, enhancing productivity and efficiency.
Focus on enterprise solutions: The company is enhancing its platform to meet the complex needs of large organizations, including advanced security and compliance features.
Growing user base and adoption: Airtable serves over 200,000 organizations, including prominent clients like Amazon and Netflix, demonstrating its significant market impact.
9. Miro
Year established: 2011
Location: San Francisco, California, USA
Funds raised: $476.3 million
Miro is a leading visual collaboration platform with an infinite canvas that enables distributed teams to brainstorm, plan, and execute projects in real-time. Its user-friendly interface and extensive integration capabilities have made it a preferred tool for organizations aiming to enhance creativity and collaboration. Moving forward, Miro plans to expand its AI-driven features, enhance its enterprise options. The goal is to automate routine tasks and streamline workflows through intelligent suggestions, and provide robust security and compliance features to cater to larger organizations.
Why we have added them to the list
Pioneering visual collaboration: Miro provides an infinite digital canvas that enables teams to brainstorm and plan visually, catering to creative and strategic projects alike.
Automating routine with AI-powered tools: Miro's investment in AI includes tools for automating repetitive tasks and offering intelligent suggestions to streamline team workflows. (community.miro.com)
Fostering cross-functional teamwork: Miro is widely used by product, design, and engineering teams to improve cross-functional collaboration, boosting productivity across disciplines.
Enabling hybrid and remote work environments: Miro has become a staple for hybrid and remote teams, providing tools to replicate the energy of in-person collaboration.
Innovative workshops and templates: With a growing library of pre-built templates, Miro promotes adoption and helps teams run workshops and strategy sessions more effectively.
10. TwinMind
Year established: 2024
Location: Palo Alto, California, USA
Funds raised: $2.5 million
TwinMind, founded by former Google X employees, has developed an AI-powered personal assistant designed to continuously listen, transcribe conversations, and retain contextual information to provide tailored assistance. The app operates in the background, capturing audio and transcribing it to text so users can review their day and receive personalized insights. The new up and comer has already landed a sizable chunk of change in early stage funding and their plans to enhance the platform by integrating with various services, such as calendars and email make them one of the SaaS startups 2025 that will most likely be turning heads.
Why we have added them to the list
Contextual conversational AI: TwinMind’s assistant retains and uses context from previous interactions to offer more personalized support.
Strong early-stage funding: Securing $2.5 million in seed funding and achieving a $30 million valuation highlights its growth potential.
Founders with proven track records: TwinMind was founded by ex-Google X employees with deep expertise in AI and machine learning.
Potential to redefine personal AI assistants: Its focus on personalized, context-aware assistance positions it to stand out in the competitive AI market.
Join the ranks of these success stories
Every great startup begins with a spark of inspiration—that moment when you see a problem and realize you could create something amazing to solve it. The companies on this list started just like that, with bold ideas and a determination to shake things up. Now they’re reshaping industries and inspiring the next wave of entrepreneurs.
If their stories have you thinking, Why not me?, this is your sign to take the leap. Building the next great SaaS startup is no small feat, but with the right idea and a little courage, you could be next on the list.
Of course, turning a great idea into a thriving business takes more than inspiration. You need the right people by your side—a team that knows how to execute, adapt, and grow. Whether you’re just starting out or ready to scale, having expert support can make all the difference.
That’s where we come in. At DevSquad, we help founders and teams turn their SaaS ideas into market-leading products. From launching your first MVP to scaling an existing platform, we provide the technical expertise and strategic guidance needed to accelerate your success.
With our experienced developers, agile approach, and focus on delivering high-quality software, we’ll help you build a product that not only works but thrives in a competitive market.
Building a SaaS startup? Learn more about our SaaS development agency.
