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
    Salonist.io

    Salonist.io

    Crm And Related Software

    Please change the founded year of Salonist it 2017 not 2016

    $1M

    10K

    100

    2016

    Singapore

  2. 02
    Quickreach

    Quickreach

    Internet

    QuickReach is an intelligent process automation platform company.

    $990K

    $3M

    11

    2019

    Singapore

  3. 03
    CPDone

    CPDone

    HR Software

    The company primarily operates in Financial Services. CPDone Pty Ltd was founded in 2011 and is headquartered in Raffles Place, Singapore.

    $934K

    11

    2011

    Singapore

  4. 04
    Uiza

    Uiza

    Information Technology & Services

    Uiza builds a video streaming and live streaming Software-as-a-Service for developers.

    $933K

    11

    2018

    Singapore

  5. 05
    Evercomm

    Evercomm

    Information Technology Software

    Developer of an end-to-end energy and data supply chain management platform designed for energy usage analysis. The company's technology collects and validates the energy usage data from various sensor sources, then analyzes the energy usage and output dat

    $925K

    24

    2013

    Singapore

  6. 06
    Cocoon Capital

    Cocoon Capital

    Artificial Intelligence Software

    Founded in 2016, Cocoon Capital is a venture capital firm based in Singapore. The firm seeks to invest in the SaaS, ecommerce, fintech and deep tech sectors.

    $924K

    11

    2016

    Singapore

  7. 07
    Micepad

    Micepad

    Event Management Software

    $908K

    5K

    16

    2013

    Singapore

  8. 08
    4xLabs

    4xLabs

    Financial Services Software

    Provider of a cloud-based operating system designed for financial services businesses intended to offer them a suite of services. The company's platform enables money-changers at every stage of their development to accelerate their business growth by provi

    $903K

    260K

    17

    2011

    Singapore

  9. 09
    Zopim

    Zopim

    Information Technology & Services

    Provider of an online chat software platform. The company provides live support and customer help software that enhance the chat service facilities.

    $901K

    120K

    11

    2007

    Singapore

  10. 10
    Bittle

    Bittle

    Data Integration Software

    Bittle is the first BI software operating as a native Multi-Cloud computing tool. Bittle has developed an in-house 100% web based Saas solution acessible 24x7. in order to drive your activity, Bittle allows you to build and share dashboards and reporting t

    $901K

    14

    2009

    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.