Top SaaS Companies in Australia

List of the largest SaaS companies in Australia (Click to apply)

These are the top SaaS companies in Australia. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Australia by featuring these 20 companies with combined revenues of $486.4M.

Together, Australia SaaS companies employ over 3K employees, have raised $63.7M capital, and serve over 2M customers around the world.

$0 - $1M ARR
  1. Tiltsta $600.0K
  2. Numberz $222.0K
  3. Todo $162.0K
$1M - $5M ARR
  1. Coredna $2.4M
  2. Spiffy $2.0M
$5M - $10M ARR
  1. Ivvy $10.0M
$10M+ ARR
  1. Xero $450.0M
  1. 01

    Xero

    Erp Software

    Global platform for small business

    $450.0M

    2M

    3K

    2006

    Australia

  2. 02

    Ivvy

    Enterprise software, connection & distribution e

    $10.0M

    $26.0M

    25K

    65

    2009

    Australia

  3. 03

    Executestrategy

    Erp Software

    We create strategy execution software.

    $5.4M

    1K

    30

    2013

    Australia

  4. 04

    Omnystudio

    The complete audio management solution for podca

    $4.1M

    $2.3M

    750

    5

    2011

    Australia

  5. 05

    Simblegroup

    Smart Energy Solutions through IoT

    $2.9M

    $7.5M

    500

    30

    2010

    Australia

  6. 06

    Switchautomation

    Vertical Industry Software

    The Switch Platform provides real-time visibilit

    $2.4M

    $6.0M

    20

    45

    2012

    Australia

  7. 07

    Coredna

    Content Management Systems

    The only all-in-one SaaS digital platform that f

    $2.4M

    25

    40

    2016

    Australia

  8. 08

    $2.0M

    $7.0M

    170

    20

    2014

    Australia

  9. 09

    Getvero

    CRM and Related Software

    Vero enables engineering, product, and marketing

    $1.8M

    $4.0M

    300

    16

    2012

    Australia

  10. 10

    Shorthand

    CRM and Related Software

    The world's most successful publishers & communi

    $1.5M

    $2.5M

    250

    10

    2013

    Australia

1-10 of 20

The Latka Grid

$RevenueEmployees

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Bootstrapped, Funded SaaS

55 bootstrapped companies made the 2019 list compared to 102 funded companies that have raised $2.8 billion in total.

These bootstrapped founders should be very proud. They found creative ways to drive growth without having to sell big chunks of their company for equity.

53 of these bootstrapped CEO’s are not located in San Francisco or New York.

All except 6 of the 55 are profitable as of December 2019.

Is Churn Important for Growth?

90 of these companies have net revenue retention greater than 100%. This means their upsell and expansion revenue from historical customers more than makes up for any lost revenue from those same customers.

34 of these companies have net revenue retention between 80-99%.

The companies with net revenue retention under 80% annually share a common theme in that only 2 out of the 29 companies have any expansion revenue at all.

Many of these companies simply haven’t added a second product to upsell, or don’t rely on utility based upselling. Expect their growth to expand in 2020 as many of them have expansion revenue in their strategic plans.

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