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#1121 by ARROntario, CAvaricent.com ↗

Varicent

Varicent is a Toronto-based independent SaaS company specializing in Sales Performance Management (SPM) and Incentive Compensation Management (ICM) software. Founded in 2003, Varicent provides AI-driven solutions…

ARR
$150M revenue (est.)
as of Oct 2026
Employees
648
as of Oct 2026
Valuation
—
latest round
ARR / employee
$231K
revenue efficiency
About Varicent

Varicent is a Toronto-based independent SaaS company specializing in Sales Performance Management (SPM) and Incentive Compensation Management (ICM) software. Founded in 2003, Varicent provides AI-driven solutions that assist revenue leaders in sales planning, territory and quota management, revenue intelligence, and automated commission calculations. The company serves mid-market and enterprise organizations globally, helping them optimize their go-to-market strategies and enhance revenue growth. With a mission to support the entire revenue journey, Varicent enables organizations to set effective goals and develop incentive strategies that align with their revenue objectives. The company employs around 700 people and operates from its headquarters in Toronto, with additional offices in Minneapolis, Woking, London, and Bucharest. Varicent's diverse clientele spans various industries, including financial services, insurance, technology, healthcare, and retail, focusing on streamlining compensation processes and improving sales team performance.

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