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List of the largest SaaS companies in Chaoyang, China

Top SaaS Companies in Chaoyang

These are the top SaaS companies in Chaoyang, China. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Chaoyang by featuring these 4 companies with combined revenues of $2.3B.

Together, Chaoyang SaaS companies employ over 1K employees, have raised $348.9M capital, and serve over 114M 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
$2B
$349M
114M
1K
2011
China
02
L
Lavector

Marketing Management

Developer of a cloud based marketing management system designed to facilitate interactions between customers and brands. The company's cloud based marketing management system uses artificial intelligence to fetch and process data and also provides semantic analysis, image recognition based on real-time forecasting, consumer insight and dynamic generation of personalized advertising and other one-stop mobile marketing and accurate advertising management software tools, enabling business owners to create subversive automated marketing.

$2M
-
-
22
2014
China
03
V
Vericant

Education Software

Provider of a video-based interviewing platform created to identify qualified Chinese applicants. The company provides a video-based interviewing platform through which institutions and organizations can identify qualified Chinese applicants through third-party verified video interviews, proctored writing samples, enabling admission officers to interview & evaluate their international applicants' spoken English ability and non-cognitive skills.

$1M
-
-
18
2010
China
04
RC
Rong Cloud

Developer of a cloud based business instant messaging platform created to bring to bring the ultimate communication experience. The company's instant messaging platform is a professional instant messaging cloud service provider, it offers in-app social networking, live streaming, enterprise instant messaging, and business communication, enabling to meet instant business needs, reduce cost and improve efficiency and communication.

$488K
-
7K
14
2014
China
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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.