These are the top SaaS companies in Shanghai, China. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Shanghai by featuring these 77 companies with combined revenues of $643.4M.
Together, Shanghai SaaS companies employ over 7K employees, have raised $0.0 capital, and serve over 467M customers around the world.
eBaoTechÂ® is a technology solution provider for global insurance industry with a company mission to â€œmake insurance easyâ€.
Financial Services Software
ZhongAn Online P&C Insurance Co Ltd is engaged in Insuretech business which provides internet insurance services and insurance information technology services to customers. The products provided by the company include special insurance, travel insurance, a
Marketing Automation Software
Zaihui is a SaaS-based data-driven marketing automation solution for local businesses that offers them with member management, precipitation members, incentive members, and mining member values. Product system offers intelligent precision marketing, integr
Financial Services Software
Provider of P2P finance services platform designed to offer personal financial services in China. The company's P2P finance services platform offers information on financial optimization, compliance and credit management, enabling clients to do hassle free
Sinofaith intellectual Property is a domestic IP protection service providing one-stop IP protection management services and solutions.
Provider of human capital management services. The company operates a cloud-based platform that offers payroll outsourcing, benefit outsourcing, recruitment and expatriate services in the Greater China and Asia-Pacific region.
Time Tracking Software
oTMS is the leading one-stop transportation platform. oTMS aims to build the first successful business community based transport management & e-sourcing platform in China. With cloud computing and mobile internet technology, oTMS provides SaaS (software as
Collaboration & Productivity Software
Xforceplus develops enterprise collaborative solutions of software as a service. The company provides internet-based and cloud-innovated supply chain collaboration and invoice management software encompassing supply chain settlement, real-time electronic a
Big Data Software
Zhiziyun is a big data technology service provider that provides efficient SaaS platforms and privatized customized services.
Operator of an interactive in-taxi advertising and media platform created to boost conversion and improve advertising attribution. The company's touchscreen media technology offers a state-of-art interactive mobile media platform, provides brands with a me
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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.
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.