article thumbnail

SaaS “Industry-Centric” Business Models

OPEXEngine

Both new and existing SaaS companies moved into developing industry-specific software, giving rise to Vertical SaaS companies. Horizontal SaaS companies develop and provide software for a specific function used by companies across all industries. Horizontal SaaS Companies. Financial Profile of Horizontal SaaS Businesses.

article thumbnail

How Clio grew from a lifestyle business to a legal tech juggernaut

Point Nine Land

A missed clause in a contract can mean the difference between a healthy profit and a client losing millions of dollars. Jack had a background in software development and Rian was working as an IT manager at Gowling, Canada’s largest law firm. A “dropped ball” in the legal profession can have major consequences.