These are the top SaaS companies in Hong Kong. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Hong Kong by featuring these 73 companies with combined revenues of $5.9B.
Together, Hong Kong SaaS companies employ over 3K employees, have raised $937.8M capital, and serve over 15M customers around the world.
Kingsoft Office Software is a market leader in mobile and desktop office solutions. The company’s WPS Office for Android is the most popular, free mobile office solution on Google Play, featuring robust capabilities for viewing, editing and sharing off...
Provider of a travel activities booking platform. The company provides a mobile platform that offers travellers with a curated selection of activities and attractions in Asia, which can be booked seamlessly through paperless ticketing.
Software As A Service Platform(Saas)
Developer of a restaurant order management software to support the full cycle of restaurant operations. The company's application is backed by real-time cloud and big data technologies to deliver on-demand POS applications for restaurant operators of all sizes, providing innovative digital support to help restaurants increase sales.
Financial Services Software
PrivÃ© Technologies is a leading innovator in the financial and wealth management industries. Recognized as the fastest growing technology company in Hong Kong by Deloitte in 2017 and ranked as the 14th fastest growing technology company in the whole of Asia in 2018 by the Financial Timesâ€™ FT 1000 APAC, PrivÃ©â€™s three platforms â€“ Managers, Avenir and WEALTH â€“ provide end-to-end solutions for banks, financial advisors, independent asset managers and insurance companies. We are uniquely positioned between the banking software behemoths and the small fintech startups to provide the most comprehensive and innovative services to our wide network of B2B and B2C clients. Our technology solutions help the financial institutions of today to streamline and transform, enabling them to operate more efficiently and effectively than ever before. The breadth of our suite of products â€“ which spans from client acquisition and content marketing, to digital onboarding and CRM, to portfolio construction
Supply Chain & Logistics Software
Developer of a cloud based logistics optimization platform designed to provide door-to-door delivery service with a diverse supply network. The company's platform uses operating processes and technology to offer order clustering, bundling, ranked dispatch, real-time GPS tracking, auto delivery notifications, delivery agent ratings and feedback, enabling customers to get their deliveries within four hours of dispatch.
Supply Chain & Logistics Software
Developer of a supply chain management software. The company's software provides real-time end-to-end visibility of all inventory and purchase orders and formulates and monitors an optimum route to market the products, enabling the retail, manufacturing, insurance and logistics industries to analyse, estimate and control total product cost.
OneSky provides seamless end-to-end localization solutions for thousands of mobile apps, games, websites, and businesses worldwide. We offer professional translation services in 50+ languages and a translation management system (TMS) with API integrations and plugins to streamline your workflow. We hire and carefully screen our own translators to ensure the highest control over quality. Using OneSkyâ€™s powerful QA features, cross-functional teams collaborate efficiently to deliver faster release cycles and higher quality translations. See how you can go global at www.oneskyapp.com
Event Management Software
One Stop Event Management Software (Virtual Event SaaS)
Provider of a wealth management platform intended to automate data analysis and operational processes associated with managing investment data. The company's enterprise SaaS platform MPro, integrates and analyzes data from all sources and provides highly customizable compliance management tools to streamline the entire investment process with data-driven methods, enabling wealth managers, family offices and private banks to serve their clients by eliminating manual errors occurring while handling bulk investment related data.
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.