5 Fastest growing B2B SaaS Companies

2. Samsara Inc. (NYSE:IOT)

Year over year growth rate 2023: 43.26%

Samsara Inc. (NYSE:IOT) is at the forefront of revolutionizing operations through its Connected Operations Cloud, empowering businesses reliant on physical operations to leverage IoT (Internet of Things) data. This enables them to derive actionable insights and enhance their overall operations.

In the twelve months ending October 28, 2023, Samsara reported a robust revenue of $847.69 million, reflecting an impressive 43.26% year-over-year growth. This positive trajectory continued in the quarter ending October 28, 2023, with revenue reaching $237.53 million and a commendable 39.89% year-over-year growth.

Adding to its accomplishments, Samsara (NYSE:IOT) was recognized as one of Glassdoor’s Best Places to Work in 2024. Samsara employees showcased their satisfaction with the company, providing it with a high rating of 4.5/5. Notably, the CEO garnered a remarkable approval rating of 96%, and an impressive 91% of employees recommended Samsara to their friends. This acknowledgment highlights Samsara’s commitment to fostering a positive work environment, making it a highly regarded workplace in 2024.