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List of the largest SaaS companies in Sydney, United Kingdom

Top SaaS Companies in Sydney

These are the top SaaS companies in Sydney, United Kingdom. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Sydney by featuring these 136 companies with combined revenues of $2.4B.

Together, Sydney SaaS companies employ over 12K employees, have raised $1.2B capital, and serve over 152M customers around the world.

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Highlights

02
THEICONIC
THE ICONIC

Retail Software

Operator of an online fashion platform created to sell clothing and accessories for men, women and children. The company's online fashion platform stocks fashion clothing and luxury goods, enabling shoppers to find apparel and fashion items.

$371M
$44M
150M
735
2011
Australia
03
AG
Ascender Group

HR Software

Ascender Group is a provider of payroll service intended to deliver human capital management services. The company offers consolidated reporting in the currency and language. It provides tailored services that are fully managed enabling clients to tackle very large, complex issues that require processor-engineering, process standardization, automation and extended payroll-services. Ascender was founded in 2007 and is headquartered in Sydney, Australia. The company seeks to expand its business portfolio through mergers and acquisitions.

$100M
$100M
-
768
2003
Australia
04
EH
Employment Hero

Talent Management Software

Employment Hero operates as an online human resource platform for small and medium-sized businesses. Its cloud-based HR platform combines HR software, financial services, scheduling, and payroll tools, as well as employee benefits, providing growing companies with an intuitive, affordable way to manage essential employee information and HR processes. The company aims to become the employment platform of choice for employers and employees in Australia and beyond, by providing free, easy-to-use HR software that employers love to use, and access to far greater benefits for all employees. Employment Hero was founded in 2014 and is headquartered in Sydney New South Wales.

$53M
$164M
800K
291
2014
Australia
05
I
Infomedia

Vertical Industry Software

Global leaders in parts, service and data software for the automotive industry. Used by over 170,000 users in 185 countries and 29 languages.

$28M
-
220K
308
1987
Australia
06
M
Mainstream

Real Estate Software

CBRE Group, Inc. is an American commercial real estate services and investment firm.

$19M
-
-
221
1906
Australia
07
MM
Mandoe Media

Digital Advertising Platforms

Developer of a cloud based software. The company engages in the development, implementation and operation of digital advertising and marketing services as well as providing customers with a one-stop shop..Product Release - Full SaaS Digital Signage Creation Studio Freemium Model - Can we found and used on our newly launched Website www.mandoemedia.com

$18M
$155M
20K
100
2012
Australia
08
T
Task

Casino Software

Task provides Saas-based customizable transaction management software solutions for restaurants, casinos and foodservice operations.

$10M
-
-
156
2000
Australia
09
H
Humanforce

Development Software

Provider of workforce management solutions intended to manage and engage employees. The company offers management solutions for contingent workforces that includes HR, time, attendance, rostering, employee availability and payroll data solutions via its website or application to organizations.

$10M
$29M
2K
129
2002
Australia
10
REVIEWS
REVIEWS.io

Business Development Software

Help build brand trust with authentic reviews

$10M
-
8K
60
2011
Australia
1 - 10 of 134Next

What are the fastest growing companies doing?


83 of the fastest growing companies that also have the most revenue have a clear expansion revenue strategy. On average, sales reps are selling plans where starting contract value is $4,606.

Those same companies employ 1,678 sales reps that carry a quota. The most common compensation plan used by these companies is a 1:5 ratio of sales rep on target earnings (OTE) to quota. Meaning if a rep can earn $200k in base and commissions, quota target for that year is set at 5x, or $1m in new ARR closed.

If you’re going to build a high growth SaaS company, you need to figure out how to scale with quota carrying sales reps.

Which CEO’s are the most efficient capital allocators?


We can measure this a variety of ways. Which company has the most revenue per employee? What about dollars in revenue compared to dollars raised? What about time, which founder went from $0 to $10m the fastest?

Looking deeper at dollars in revenue compared to dollars raised, bootstrappers take the cake because they self fund (denominator zero). When we look at companies that have raised at least $1m, Actito is the clear winner generating $21m in revenue, growing 100% yoy, on just 1m raised ($.05 dollars raised for every $1 of revenue).

Omnisend comes in a close second with $.08 dollars raised for every dollar of revenue. Doing $19m as of December 2020. Proposify gets honorable mention with $0.46 dollars raised (3.25m) for every dollar of revenue ($7m).

The worst performers here are companies like YayPay with $3.68 dollars raised ($14m) per dollar of revenue ($3.8m). Many of the worst performers just did a round of funding and haven’t had a chance to deploy to drive growth yet. That makes this data less valuable but still illustrative.