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There are 191 SaaS companies in Singapore. They have $1.1B combined revenue and employ 14.7K people. See the full list here including CEO email.

Top SaaS Companies in Singapore

These are the top 191 SaaS companies in Singapore. In today's day and age it's possible to launch a company from anywhere. We wanted to show some love for Singapore by featuring these 191 companies with combined revenues of $1.1B.

Together, Singapore SaaS companies employ over 14.7K employees, have raised $1.9B capital, and serve over 612.9M customers around the world.

Data: This data was collected through the Latka podcast where each CEO was interviewed for company details.

Divider

SaaS Companies in Singapore Ranked by Revenue

1
$223.6M
600M
2015
$119M
604
2
$188.1M
0
1997
$680M
5K
3
$100M
0
2010
-
171
4
$53.6M
0
2019
$9M
219
5
$40.5M
50K
2008
$486.4K
15
6
$25M
200K
2008
$10.1M
248
7
$23.3M
24
2010
$19.5M
99
8
$21.4M
0
2019
$33.5M
179
9
$17.6M
0
2016
$3M
247
10
$15.8M
100
2006
$6.3M
168
11
$15.7M
0
2012
$7.5M
275
12
$15.6M
0
2019
$2M
55
13
$15M
422
2017
$2M
135
14
$13.1M
1K
2006
-
216
15
$11.6M
650
2000
$35M
208
16
$10.6M
3K
2017
$9M
386
17
$9.7M
400
2011
$500K
304
18
$9.4M
0
2015
$21.5M
102
19
$8.9M
400K
2013
$58M
72
20
$8.6M
0
2016
$4M
68
1 - 20 of 191

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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.