Top SaaS Companies in Malaysia

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

These are the top SaaS companies in Malaysia. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Malaysia by featuring these 31 companies with combined revenues of $56.1M.

Together, Malaysia SaaS companies employ over 869 employees, have raised $570.0K capital, and serve over 9M customers around the world.

$0 - $1M ARR
  1. Runcloud $540.0K
  2. WHENSO $500.6K
  3. Shoppegram $437.9K
$1M - $5M ARR
  1. Dropee $4.3M
  2. SERV $3.2M
$5M - $10M ARR
  1. StoreHub $6.5M
  2. Merimen $5.1M
$10M+ ARR
    1. 01
      StoreHub

      StoreHub

      E-Commerce Software

      Developer of a cloud-based point of sale software created for retailers to digitize their business. The company develops a cloud-based point of sale system that offers real-time reports, inventory management and customer data collection that help to connec

      $7M

      $15M

      15K

      204

      2013

      Malaysia

    2. 02
      Merimen

      Merimen

      Insurance

      Leader in enterprise solutions for the insurance industry in the Asia-Pacific region, Middle-East and North Africa. Pioneering the use of Software as a Service (SaaS) in the motor insurance industry. www.merimen.com

      $5M

      105

      2000

      Malaysia

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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.