These are the top SaaS companies in China. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for China by featuring these 246 companies with combined revenues of $863.7M.
Together, China SaaS companies employ over 15K employees, have raised $0.0 capital, and serve over 110K customers around the world.
Information Technology & Services
Developer of a construction budgeting software designed to focus on the entire life cycle of the construction projects. The company's construction budgeting software offers quantity take-off, cost estimate, tendering documents management, evaluation and pr
B2B Marketplace Platforms
Souche, a leading automotive new retail platform in China, is founded by Mr. Yao Junhong, the former CAR Inc. founding team member and vice president, in December, 2012. By August 2018, Souche raised over $1.2 billion from investment or ganizations, includ
Software as a Service Platform(SaaS)
Developer of SaaS investment information website and provider of cross-platform media service, exhibitions, training service, incubation space, angel fund and venture capital fund full-service to entrepreneurs. The company provides solutions to various pro
Development Software
Chinac.com (华云数据) is a Chinese domestic cloud computing infrastructure operator. It is focused on the research, development, and operation of commercial cloud computing infrastructure, targeting the domestic and global clients to provide cloud comp
Financial Services Software
Developer of a one-stop SaaS enterprise service platform intended for corporate finance and taxation services. The company's platform provides customized financial and taxation service solutions by integrating the industry's cutting-edge technology. big da
Business Management Software
Developer of a cloud-based sales management platform designed to provide management tools for Chinese companies. The company's platform provides services related to field operation management, distribution chain management and customer relationship managem
E-Commerce Software
Provider of mobile commerce platform for stores, large and small entities. The company builds customized applications for brands and retailers.
Computer Networking
Provider of an online home decoration, furnishing and design platform intended to quickly generate design sketches to decorate and furnish homes. The company's software uses ARVR technology to help users visualize interior design choices, enabling users to
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Next83 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.
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.