Guides

SaaS Competitor Analysis Tools

How to actually analyze SaaS competitors—traffic, ads, revenue, tech stacks. Based on patterns from 14,500+ tracked SaaS companies.

The Framework

Effective competitor analysis answers 4 questions: (1) How much traffic do they get? (2) How much are they spending on ads? (3) What's their estimated revenue? (4) What's their tech stack and positioning? Each requires different tools.

Why Most Competitor Analysis Fails

Founders typically make one of two mistakes:

Mistake 1: Surface-level research

Checking their homepage, reading a few reviews, looking at pricing. This tells you nothing about whether they're actually successful.

Mistake 2: Tool overload

Subscribing to 5+ expensive tools and drowning in data. Most overlap significantly. You need specific tools for specific questions.

The insight from tracking 14,500+ SaaS: The most reliable signal of competitor health is sustained ad spend. A SaaS running $15K/month in Meta ads for 6+ months is almost certainly profitable. Traffic metrics and review counts can be gamed—consistent ad spend cannot.

Tools by Analysis Type

Traffic Analysis

Estimate website visits and traffic sources

ToolPriceAccuracyNotes
SimilarWebFree tier + paidMediumGood for overall traffic trends, less accurate for smaller sites
AhrefsFrom $99/moHigh (SEO)Excellent for backlinks/organic, limited paid traffic data
SEMrushFrom $129/moHigh (SEO)Strong keyword data, paid traffic estimates are rough

Key insight: Traffic tools tell you reach but not revenue. A site with 100K visits could be making $5K or $500K depending on conversion and pricing.

Ad Intelligence

Track competitor advertising activity

ToolPriceAccuracyNotes
Meta Ad LibraryFreeHigh (current)Official source, no historical data or spend estimates
SpyFuFrom $39/moMediumFocus on Google Ads, less useful for Meta
Proven SaaSPaidHighSaaS-focused with revenue estimates from ad patterns

Key insight: Ad activity is a strong signal. SaaS spending $10K+/month on ads consistently = proven unit economics.

Revenue Estimation

Understand competitor financials

ToolPriceAccuracyNotes
Public metricsFreeVariesSome founders share via Twitter/IndieHackers
LatkaPaidMedium-HighInterview-based, covers funded startups mainly
Proven SaaSPaidHighEstimates from ad spend + CPM/ROAS methodology

Key insight: Most SaaS don't share revenue. The best proxy is sustained ad spend—it's expensive to fake profitable unit economics.

Tech Stack Analysis

What technology competitors use

ToolPriceAccuracyNotes
BuiltWithFree tier + paidHighComprehensive tech detection
WappalyzerFree extensionHighQuick browser-based detection
StackShareFreeMediumSelf-reported, may be outdated

Key insight: Tech stack reveals build vs buy decisions. Lots of third-party tools = faster to build, higher OpEx.

Why Ad Spend Is the Best Competitive Signal

From analyzing 14,500+ SaaS ad campaigns, we've learned that sustained Meta ad spend is the most reliable proxy for business health. Here's why:

$129,868/mo
Average ad spend for SaaS at $200K+ MRR
2,400x
Higher spend vs pre-revenue advertisers
1

Ad spend can't be faked. Unlike traffic (bots) or reviews (purchased), sustained $10K+/month spend requires real revenue to support it.

2

It implies unit economics. Sustainable ROAS is 1.3-1.8x. Spending $10K to acquire customers means you're making $13-18K from them.

3

Growth trajectory is visible. Increasing ad spend over months = scaling. Sudden drops = problems.

Practical Competitor Analysis Process

1

Identify competitors worth analyzing

Don't analyze everyone. Focus on competitors who are:

  • • Running active paid ads (proof of revenue)
  • • Targeting similar customer segments
  • • At a stage you want to reach

Free method: Search Meta Ad Library for keywords in your space. Who's actually spending?

2

Estimate their scale

Get a rough sense of their size:

  • • SimilarWeb for traffic estimates
  • • LinkedIn for team size
  • • Ad spend patterns for revenue signals

Revenue rule of thumb: SaaS spending $X/month on ads typically does 1.3-1.8x that in revenue from paid acquisition alone.

3

Analyze their positioning

Understand how they position themselves:

  • • What's their main value proposition?
  • • What pricing model (freemium, trial, demo)?
  • • What customer segment are they targeting?

Tip: Their ad copy reveals their positioning better than their homepage. Ads are optimized for conversion.

4

Look for gaps

Find opportunities they're missing:

  • • Customer complaints in reviews (G2, Capterra)
  • • Segments they don't target in ads
  • • Features requested but not built
  • • Pricing gaps (too expensive for SMBs, too cheap for enterprise)

Recommended Tool Stack by Budget

FreeBootstrap Stack

Meta Ad Library + SimilarWeb free + Wappalyzer extension + G2 reviews

Limitation: No historical data, no revenue estimates, manual research required

~$100/moIndie Founder Stack

Ahrefs Lite (SEO) + SaaS intelligence tool (for revenue estimates) + BuiltWith

Good balance of depth and cost for validating ideas

$300+/moGrowth Team Stack

SEMrush/Ahrefs full + SaaS intelligence platform + Foreplay (creative org) + BuiltWith

Full coverage for teams running significant paid acquisition

Skip the research marathon

14,500+ SaaS companies with revenue estimates, ad data, tech stacks, and funnels—already analyzed.

Explore Proven SaaS