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 9 companies with combined revenues of $123.9M.

Together, Singapore SaaS companies employ over 1K employees, have raised $0.0 capital, and serve over 250K customers around the world.

$0 - $1M ARR
  1. FoodRazor $900.0K
  2. BankCEX $360.0K
$5M - $10M ARR
    1. 01
      Tectura Inc

      Tectura Inc

      Tectura provides technology solutions, consulting services, including ERP implementations and solutions to businesses worldwide.

      $57M

      $10M

      250K

      638

      2001

      Singapore

    2. 02
      Aegis Technologies Pte Ltd

      Aegis Technologies Pte Ltd

      Aegis Technologies is a provider of modeling & simulation technology and training solutions for military and commercial applications.

      $37M

      416

      1989

      Singapore

    3. 03
      GainInsights

      GainInsights

      GainInsights is a pure play Business Intelligence Solution and Service provider.

      $21M

      236

      2012

      Singapore

    4. 04
      Bountie

      Bountie

      Bountie Holdings is a gaming technology company based in Singapore. We're empowering gamers in Asia to make a living while playing their favourite games through our platform, Bountie.

      $2M

      27

      2017

      Singapore

    5. 05
      Inovaantage

      Inovaantage

      InoVaantage is an IT & OT Solution and Service provider for Telecommunications, Transportations and Utilities with a strong customer base in Australia, Singapore, Malaysia and HK. We have supported many mission critical projects and programs to ensure qual

      $2M

      $3M

      17

      2019

      Singapore

    6. 06
      D-SIMLAB Technologies

      D-SIMLAB Technologies

      D‐SIMLAB Technologies is a leading provider of high‐performance, simulation‐based business analytics and process optimisation solutions for aerospace asset management and semiconductor manufacturing. It is headquartered in Singapore with offices in Dresden

      $1M

      16

      2001

      Singapore

    7. 07
      Horizon Quantum Computing

      Horizon Quantum Computing

      Singapore-based quantum computing start-up

      $1M

      $32M

      13

      2018

      Singapore

    8. 08
      FoodRazor

      FoodRazor

      Enterprise software

      FoodRazor is a software platform that helps food and beverage businesses to streamline their back-end operations.

      $900K

      250

      10

      2015

      Singapore

    9. 09
      BankCEX

      BankCEX

      BankCEX is a cryptocurrency exchange and platform focused on driving mass adoption, the end user experience and regulatory compliance. Our mission is to bring opportunity to the masses and drive universal continuity across society through the implementatio

      $360K

      $25M

      4

      2018

      Singapore

    1-9 of 9

    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.