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.
Software as a Service Platform(SaaS)
Perx Technologies is a interactive Lifestyle Marketing SaaS platform
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
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
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
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
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
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
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
MSC Consulting provides microsoft dynamic ERP and CRM solutions.
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
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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.
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.