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List of the largest SaaS companies in New Zealand

Top SaaS Companies in New Zealand

These are the top SaaS companies in New Zealand. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for New Zealand by featuring these 113 companies with combined revenues of $738.1M.

Together, New Zealand SaaS companies employ over 7K employees, have raised $886.2M capital, and serve over 104M customers around the world.

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Highlights

02
RR
Ripple Recruiting

HR Software

We match students and recent graduates with full time jobs and internships at companies around the world. Sign up for free in less than 5 minutes to find your dream job.

$52M
$34M
75
635
2015
New Zealand
03
V
Vend

Accounting and Finance Software

Vend is web-based point-of-sale and retail management software. Vend allows real-world retail store owners or managers to have full visibility and centralized control of one to many retail stores. Vend runs in the browser and supports full online and offline modes. Even though Vend is web-based it works offline, so users can keep making sales if the internet drops out. Vend integrates seamlessly with other web applications used to run retail stores, like accounting, ecommerce, appointment scheduling and others. The Vend platform is subscription based, never requires backups or upgrades and lets retailers get on with running their retail enterprise instead of worrying about their IT infrastructure.

$36M
$48M
-
345
2009
New Zealand
04
SNZESKO
Serko (NZE: SKO)

Information Technology & Services

Provider of computer software services. The company together with its subsidiaries is engaged in providing computer software, corporate travel bookings, billable services and other software services to its clients in New Zealand.

$23M
-
6K
268
1994
New Zealand
05
SIGSIG
Software Improvement Group (SIG)

Financial Services Software

Consultancy software-related challenges

$11M
-
-
122
2000
New Zealand
06
US
Unleashed-Software

Inventory Management Software

Unleashed Software is a New Zealand-based software-as-a-service company that provides cloud based inventory management.

$10M
$20M
-
112
2009
New Zealand
07
G
Geo

Cloud Computing Software

Geo Ltd is engaged in the development and commercial deployment of cloud-based mobile workforce productivity technologies. It provides cloud-based business productivity software and applications for small to large businesses with mobile and distributed workforces. Its segments include Geo and Geo for Sales. The company generates maximum revenue from Geo segment.

$9M
-
-
101
2009
New Zealand
08
S
Shuttlerock

Social Media Marketing Software

Developer of a visual marketing platform intended to empower brands and agencies to truly scale mobile video creative. The company's platform allows companies to harness social content on their websites to target commercial outcomes, enabling clients to gather and share the relevant content to customers from social media properties.

$6M
$10M
-
154
2011
New Zealand
09
MG
Modica Group

Marketing & Advertising

Mosica specialises in mobile solutions for business including SMS, MMS, mobile marketing, global gateways, WAP and mobile websites. We provide a suite of mobility solutions with high quality messaging and connections to over 600 carriers globally.

$6M
-
-
67
2000
New Zealand
10
C
Coretex

Information Technology Software

Developer of applications for the freight and logistics industry. The company offers an in-vehicle computer that is designed to provide fleet managers a tool to collect information about their vehicles, drivers and journeys. The company also offers a reporting and visualization application that complements information retrieved from ibright hardware.

$5M
-
100K
160
2015
New Zealand
1 - 10 of 104Next

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.