These are the top SaaS companies in Guangdong, China. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Guangdong by featuring these 50 companies with combined revenues of $182.4M.
Together, Guangdong SaaS companies employ over 3K employees, have raised $0.0 capital, and serve over 11M customers around the world.
Casstime is an industrial internet company in China dedicated to serving the automotive aftermarket. Its business includes a trading platform for full coverage of spare parts, a SaaS management system for workshops, supplies chain finance, and logistic ser
Financial Services Software
Developer of a mobile payment platform designed to provide financial and life service entrepreneurial services. The company's mobile payment platform provides the operators with mobile payment provisions and services as well as Internet banking, marketing,
FKW is a SaaS platform that provides internet marketing services.
Project Management Software
GZY360 is a Chinese public project management and transaction platform.
Artificial Intelligence Software
Jianshen Deyu develops SaaS, AI and IoT applications for electronic shopping malls & club hardware.
Financial Services Software
ULOTECH provides SaaS financial cloud services such as mobile payment, gold sales, and credit card marketing.
Kuaipi is the developer of the wholesale and retail industry SaaS system services.
Provider of an online platform intended to offer travel planning and guidance. The company's online platform allows to share tips on where to go and what to do with other like-minded people, enabling users to discover amazing places.
Food and Beverage Software
Candao is a catering system service provider.
Zhixueyun.com is an enterprise online learning platform.
1-10 of 50Next
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.