Top SaaS Companies in Hong Kong

List of the largest SaaS companies in Hong Kong (Click to apply)

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 59 companies with combined revenues of $5.6B.

Together, Hong Kong SaaS companies employ over 2K employees, have raised $3.7M capital, and serve over 293K customers around the world.

$0 - $1M ARR
  1. Appy Hotel $917.5K
  2. InvestLab $840.0K
  3. SpaceBox $804.1K
  4. Mapxus $672.5K
$1M - $5M ARR
  1. Zegal $4.3M
  2. FundPark $3.5M
  3. mlytics $2.9M
$5M - $10M ARR
  1. pickupp $7.5M
  2. Adjuno $6.0M
$10M+ ARR
  1. KLOOK $71.2M
  1. 01
    TG3D Studio

    TG3D Studio

    3D Technology

    $5B

    290K

    17

    2015

    Hong Kong

  2. 02
    KLOOK

    KLOOK

    Travel Software

    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.

    $71M

    $722M

    978

    2014

    Hong Kong

  3. 03
    Prive Technologies

    Prive Technologies

    Financial Services Software

    Privé 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 A

    $11M

    126

    2011

    Hong Kong

  4. 04
    pickupp

    pickupp

    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,

    $7M

    89

    2016

    Hong Kong

  5. 05
    Adjuno

    Adjuno

    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, i

    $6M

    69

    2011

    Hong Kong

  6. 06
    OneSky Inc. Limited

    OneSky Inc. Limited

    Enterprise Software

    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

    $6M

    71

    2010

    Hong Kong

  7. 07
    iClick Interactive

    iClick Interactive

    Marketing Software

    iClick Interactive Asia Group Ltd is an independent online marketing and technology platform that connects marketers with audiences in China. The company provides end-to-end solutions to identify, engage, activate, monitor, measure and optimize brands' mar

    $5M

    $60M

    195

    2009

    Hong Kong

  8. 08
    Quantifeed

    Quantifeed

    Financial Services Software

    Operator of an automated investment platform intended to offer a library of portfolios for asset allocation, thematic investments and other trading strategies. The company's platform provide banks, brokers and wealth planners with a configurable option to

    $5M

    $15M

    58

    2013

    Hong Kong

  9. 09
    Zegal

    Zegal

    Information Technology & Services

    Zegal’s vision is a world where the business of law works for everyone. Companies that are connected to knowledge, their advisors, and use workflows to run their organisation are smarter and more profitable. Our mission is to make this the new normal fo

    $4M

    51

    2013

    Hong Kong

  10. 10
    FundPark

    FundPark

    Financial Services Software

    Developer of a trade finance platform designed to provide invoice and purchase order financing. The company's platform arranges working capital for businesses by connecting them with individual investors, providing financing to underbanked SMEs and alterna

    $4M

    $2M

    40

    2015

    Hong Kong

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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.