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List of the largest SaaS companies in Bangladesh

Top SaaS Companies in Bangladesh

These are the top SaaS companies in Bangladesh. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Bangladesh by featuring these 11 companies with combined revenues of $4.3M.

Together, Bangladesh SaaS companies employ over 128 employees, have raised $47K capital, and serve over 52M customers around the world.

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Highlights

Top SaaS Companies with $1 - $5M ARR


Top SaaS Companies with $5 - $10M ARR


Top SaaS Companies with $10M+ ARR


01
CSL
Cloud Solution Ltd.

Information Technology & Services

We provide Cloud based SaaS software: HRMS, Payroll, Accounts, CRM, POS, Trade Management, Hospital ERP, Garments/Manufacturing ERP, Software, Store and Inventory, Hotel Management What we do: We design, develop and maintain cloud based business software in oracle cloud environment for running your company with minimal IT infrastructure costs hence allowing you to focus growing your company in other key areas. We offer SaaS (Software as a service) off-the-shelf products that ensure "pay as you go"​ model over cloud environment. Our Focus: Our mission and vision is to provide solution for them who want to invest less amount but want to enjoy latest technology benefit with installment basis payment. Who we are: Cloud Solution Ltd. (CSL) is a Canadian-Bangladeshi joint venture company. It is one of the leading vendors of cloud computing software for business management. CSL has experience since 2007 at national and international projects with successful track records to develop and deplo

$1M
-
-
14
2014
Bangladesh
02
WR
WeeReach

Cloud Computing Software

Winner for Capacity Award - Best A2P/SMS -APAC. Pine Solutions Limited have a flagship product Weereach.com , the world’s most advanced bot and messaging platform for enterprises and financial institutions . It enables enterprises to quickly and easily build, test, deploy and manage Chatbots, Voice Calls & SMS across all channels. PSL has been a pioneer in messaging and bots, long before they became trendy. PSL messaging platform is used by various businesses across Asia.

$1M
-
498
12
2016
Bangladesh
03
HN
HungryNaki

E-Commerce Software

Online Food Ordering

$840K
-
50M
10
2013
Bangladesh
04
CL
ChatLeads

Artificial Intelligence Software

$537K
-
-
6
2017
Bangladesh
05
SL
Storrea Limited

Information Technology & Services

Storrea is a cloud-based e-commerce enabler for any business. A revolutionized way of executing online business from a single place.

$174K
-
20K
3
2015
Bangladesh
06
PS
Performance Sherpa

Digital Marketing Solutions

Developer of an online platform designed to unlock twice the hardware capacity within a day. The company's platform works with Cloudera, hortonworks, MapR, and apache adaptive, adapts to changing apps, data, new hardware provisioned into a cluster, new software patches, enabling clients to work with existing hardware and software platforms with no downtime.

$152K
-
-
5
2007
Bangladesh
07
KK
KaritKarma

Business Management Software

Developer of a cloud-based ERP software. The company develops business management, customer management and resource planning software for small and medium sized enterprises in Bangladesh.

$125K
-
-
3
2010
Bangladesh
08
TX
ThemeXpert

Web Design Platform

Visual Pagebuilder for Joomla. Drag, Drop & Done

$120K
-
2M
5
2010
Bangladesh
09
NX
NotificationX

Sales Software

Taking Social Proof & Fomo to Different Heights!

$120K
-
20K
58
2019
Bangladesh
10
iS
iSocial

E-Commerce Software

iSocial is an Australian company which has launched a number of startups and is specialised in creating community websites, e-commerce, cloud computing and social networks.iSocial is behind the following launched websites:Split.ly - a search engine which splits searches in 2 on Google, YouTube and Amazon.iQuoteThat.com - users share funny quotes from popular sites including Facebook, Twitter, YouTube, Yahoo Answers and more.LetUsInnovate.com - tools to help people solve problems and come up with new business ideas.InvoiceVenue.com - Online invoicing Software-as-a-Service where customers can create online invoices for free.DidIDreamThat.com - users share and vote on other's dreamsAdviceship.com - people ask and answer relationship advice for others.

$59K
-
-
1
2008
Bangladesh
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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.