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 48 companies with combined revenues of $3.2B.

Together, Singapore SaaS companies employ over 28K employees, have raised $25.6M capital, and serve over 9K customers around the world.

$0 - $1M ARR
  1. Salarium $1.0M
  2. Anchanto $1.0M
  3. Pulsifi $1.0M
$1M - $5M ARR
  1. Perxtech $5.0M
  2. x0pa $3.0M
  3. Ghost $2.6M
$5M - $10M ARR
  1. Skuad $9.8M
  2. JustLogin $6.5M
  3. Epsilo $5.3M
  1. 01
    Dassault Systemes

    Dassault Systemes

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

    $2B

    $48M

    17K

    1981

    Singapore

  2. 02
    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

    869

    2008

    Singapore

  3. 03
    Mizuho Securities Europe GmbH

    Mizuho Securities Europe GmbH

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

    $728M

    $2M

    8K

    1917

    Singapore

  4. 04
    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

  5. 05
    Crayon-Data

    Crayon-Data

    Artificial Intelligence Software

    Crayon Data is one of the fastest growing big data companies in Asia, on a mission to simplify the world’s choices.We enable enterprises to provide ultra-personalized choices to their customers, using our proprietary platform- SimplerChoices™. Simp...

    $15M

    $29M

    163

    2012

    Singapore

  6. 06
    Niometrics

    Niometrics

    Technology, Analytics, Network Data, Telecommunications

    $12M

    136

    2009

    Singapore

  7. 07
    Skuad

    Skuad

    Skuad is a digital payroll platform to build, pay, and manage globally distributed teams.

    $10M

    $4M

    109

    2019

    Singapore

  8. 08
    JustLogin

    JustLogin

    HR Software

    JustLogin is the premier Software-as-a-Service (SaaS) provider offering a suite of HR & office collaborative applications for the global business community. Our applications enable companies to achieve significant enhancements in staff productivity ...

    $6M

    72

    1999

    Singapore

  9. 09
    Epsilo

    Epsilo

    E-Commerce Software

    End-to-end E-commerce Marketing Stack. Sequoia backed.

    $5M

    $3M

    59

    2019

    Singapore

  10. 10
    Corporate360

    Corporate360

    CRM and Related Software

    Founded in 2001, Corporate360 offers IT sales intelligence data services to 500+ global technology companies. With global offices in California, Liverpool, Manila, Singapore & India, the company employs over 70 IT sales consultants exclusively focused ...

    $5M

    300

    70

    2013

    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.