Top SaaS Companies in Shanghai

List of the largest SaaS companies in Shanghai, China (Click to apply)

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.

$0 - $1M ARR
  1. Fastone $847.6K
  2. Qibei $809.2K
$5M - $10M ARR
  1. Zhiziyun $5.8M
$10M+ ARR
  1. eBaoTech $336.0M
  2. Zhong An $70.0M
  3. Zaihui $36.9M
  1. 01
    Phoebus Medical Technology

    Phoebus Medical Technology

    Healthcare Software

    Developer of an AI-driven chronic disease management platform for professional disease monitoring. The company develops an advanced chronic disease management platform focusing on diabetic retinopathy monitoring using artificial intelligence technology, pr

    $869K

    15

    2015

    Shanghai

  2. 02
    P2P Protect Co

    P2P Protect Co

    Social Media Marketing Software

    Operator of peer-to-peer online insurance platform intended to bring innovation to protection through community risk sharing. The company's online insurance platform operates web-based communities that revolve around shared interests and social relations,

    $848K

    13

    2014

    Shanghai

  3. 03
    Fastone

    Fastone

    Cloud Computing Software

    Developer of an enterprise cloud platform intended to build resources in an optimized way. The company offers products such as software definition arithmetic solutions, hardware-software integration, and a cloud SaaS platform which provides consolidation a

    $848K

    16

    2017

    Shanghai

  4. 04
    Xencio Data Technology

    Xencio Data Technology

    Financial Services Software

    B2B provider of intelligent finance and capital management services intended to provide data mining and application in the direction of corporate finance and money management. The company's platform provides enterprise management, financial and capital man

    $819K

    13

    2015

    Shanghai

  5. 05
    Qibei

    Qibei

    Development Software

    Developer and operator of an integrated service platform intended to serve the motorcycle industry in China. The company's platform operates on a S2B2C model and comprehensive services to both upstream and downstream industries, improving information trans

    $809K

    10

    2018

    Shanghai

  6. 06
    Jike Jicai

    Jike Jicai

    Enterprise Software

    Jike Jicai is an Intelligent collection service platform

    $802K

    14

    2019

    Shanghai

  7. 07
    Weimob

    Weimob

    CRM and Related Software

    Weimob a WeChat-based CRM solution provider.

    $799K

    $589M

    11

    2013

    Shanghai

  8. 08
    Avazu

    Avazu

    Digital Advertising Platforms

    Provider of cross-device advertising and mobile game publishing software. The company offers cross-device advertising and mobile game publishing software to its users which helps them to value each advertisement impression from the platform of their choice

    $797K

    12

    2009

    Shanghai

  9. 09
    Mixia.io

    Mixia.io

    Enterprise Software Software

    A Globalized Payment Hub

    $693K

    9

    2019

    Shanghai

  10. 10
    Commercial Technologies Plus

    Commercial Technologies Plus

    Erp Software

    Commercial Technologies Plus is one of the elite companies in Sri Lanka whose ventures span across customized enterprise solution system fields such as cloud mobility enterprise, augmented reality & virtual reality, web development, robotics & automation,

    $682K

    11

    2016

    Shanghai

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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.