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 267 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
    Perxtech

    Perxtech

    Software as a Service Platform(SaaS)

    Perx Technologies is a interactive Lifestyle Marketing SaaS platform

    $5M

    $13M

    33

    62

    2011

    Singapore

  2. 02
    Oddle

    Oddle

    E-Commerce Software

    Developer of a food ordering platform designed to make it easy for restaurants to engage, manage and grow their business through online system. The company's platform offers real-time alerts and confirm new orders with few taps and syncs online and offline

    $5M

    3K

    67

    2014

    Singapore

  3. 03
    Xfers

    Xfers

    E-Commerce Software

    Provider of a payment processing gateway designed to offer credit card processing and Internet banking transfers. The company's payment network platform offers a secures, payment technology to automate bank transfer payments, enabling users to pay, receive

    $5M

    10M

    100

    2014

    Singapore

  4. 04
    Anchanto

    Anchanto

    E-Commerce Software

    Anchanto is an eCommerce distributor, an asset-light enabler, an offline retailer transforming to omni-channel, a B2B logistics company trying to start eCommerce fulfillment, or an SME scaling online business, you have your own unique set of challenges. An

    $5M

    $27M

    7K

    50

    2011

    Singapore

  5. 05
    Smarten Spaces

    Smarten Spaces

    Artificial Intelligence Software

    Developer of software solutions for space management in commercial and industrial properties. The company's end-to-end AI and IoT platform offers over thirty microservices that clients select from, to manage a variety of functions that include building acc

    $4M

    1M

    75

    2017

    Singapore

  6. 06
    AsiaContent

    AsiaContent

    Digital Advertising Platforms

    Provider of internet consulting services. The company offers online business strategy, content and content management, e-marketing, wireless services and design or usability services. It also provides advertising services to web sites within its Asian adve

    $4M

    54

    1997

    Singapore

  7. 07
    Hoiio

    Hoiio

    Cloud Computing Software

    Six years ago, Hoiio was founded with a mission to simplify the way we communicate. Today, we create cloud communications technology that is agile and alive to the changing needs of businesses. By simplifying complex systems into elegant applications hos

    $4M

    5K

    51

    2007

    Singapore

  8. 08
    Perpetuuiti TechnoSoft Services

    Perpetuuiti TechnoSoft Services

    Information Technology Software

    Provider of business automation and disaster recovery services and software products designed to help transform the way businesses operate. The company's services and software provides a platform that fully automates BCP/DR processes and brings visibility

    $4M

    400

    164

    2011

    Singapore

  9. 09
    MSC Consulting (S) Pte Ltd

    MSC Consulting (S) Pte Ltd

    MSC Consulting provides microsoft dynamic ERP and CRM solutions.

    $4M

    $185M

    45

    2003

    Singapore

  10. 10
    Circus Social

    Circus Social

    Digital Advertising Platforms

    Provider of next-generation social intelligence platform. The company provides social intelligence platform for marketers that turns social insights and analysis into actionable marketing data for brands and agencies. It also enables data to use for insigh

    $4M

    44

    2012

    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.