Top SaaS Companies in Singapore

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

These are the top SaaS companies in Singapore. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Singapore by featuring these 264 companies with combined revenues of $10.0B.

Together, Singapore SaaS companies employ over 39K employees, have raised $33.6M capital, and serve over 1B customers around the world.

$0 - $1M ARR
  1. Quickreach $990.0K
  2. CPDone $934.4K
  3. Uiza $933.1K
  4. Evercomm $924.5K
$1M - $5M ARR
  1. Perxtech $5.0M
  2. Oddle $4.8M
  3. Xfers $4.6M
  4. Anchanto $4.6M
  1. 01
    Dassault Systemes

    Dassault Systemes

    Dassault Systemes provides project lifecycle management solutions that enable businesses to create and share experiences in 3D.

    $5B

    $32M

    270K

    17K

    1981

    Singapore

  2. 02
    Mizuho Securities Europe GmbH

    Mizuho Securities Europe GmbH

    Mizuho Securities operates as a financial instruments firm primarily in Japan.

    $3B

    8K

    1917

    Singapore

  3. 03
    Capillary Technologies

    Capillary Technologies

    Analytics Software

    Capillary Technologies is a software product company, which provides cloud-based Omnichannel Customer Engagement, eCommerce platform and related services for retailers and brands.

    $810M

    $102M

    200M

    869

    2008

    Singapore

  4. 04
    Capillary.io

    Capillary.io

    Artificial Intelligence Software

    Healthcare SaaS. Capillary.io is an application specially built for visualizing and analyzing nailfold capillaroscopy images

    $73M

    300M

    874

    2020

    Singapore

  5. 05
    Carro

    Carro

    E-Commerce Software

    Provider of an online used car marketplace for buyers and sellers to deal directly, without dealers. The company's platform uses a mix of human expertise and proprietary pricing algorithms to inspect and evaluate vehicles, giving buyers and sellers a prici

    $66M

    $119M

    600M

    256

    2015

    Singapore

  6. 06
    Near

    Near

    Digital Analytics Software

    Near is the world's largest source of intelligence on people and places, processing data from over 1.6 billion monthly users across 44 countries. The Near Platform powers data-driven marketing and enrichment offerings through a suite of SaaS products. The

    $50M

    $134M

    5K

    165

    2012

    Singapore

  7. 07
    IBS Software Services

    IBS Software Services

    Information Technology Software

    Developer of software for travel, transportation, hospitality, and logistics industries. The company creates business products and services in airline passenger services, airline and airport operations, airline cargo and logistics, oil and gas logistics, t

    $30M

    $224M

    170

    3K

    1997

    Singapore

  8. 08
    Knowlarity Communications

    Knowlarity Communications

    Web Management Software

    Knowlarity is India’s largest cloud telephony company. Funded by Sequoia Capital, we have grown by leaps and bounds since our inception in 2009, powering more than 6,500 companies in India and abroad. Today, we have a presence in 65 countries. Our flagsh

    $24M

    $43M

    250

    2009

    Singapore

  9. 09
    Zylog Systems

    Zylog Systems

    Marketing Software

    Zylog Systems Ltd is primarily involved in differentiated services and business technology solutions. It also engaged in an information technology enabler and solutions provider business. The company products are bifurcated in three categories namely in Fi

    $20M

    269

    1995

    Singapore

  10. 10
    Computronix

    Computronix

    Application Development Software

    At Computronix, we value strong relationships with our clients. For over 30 years, we have listened to our clients and given them what they’ve asked for – high quality customer service, ethical business practices and superior software. We understand th

    $18M

    220

    1979

    Singapore

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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.