List of the largest SaaS companies in Yeoksamdong, South Korea

Top SaaS Companies in Yeoksamdong

These are the top SaaS companies in Yeoksamdong, South Korea. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Yeoksamdong by featuring these 3 companies with combined revenues of $7.3M.

Together, Yeoksamdong SaaS companies employ over 139 employees, have raised $500K capital, and serve over 2K customers around the world.



Top SaaS Companies with $1 - $5M ARR

Top SaaS Companies with $5 - $10M ARR

Top SaaS Companies with $10M+ ARR

South Korea
I-ON Communications Co

Information Technology Software

I-ON Digital Corp is a software developer and provider of enterprise-class unstructured data management and digital marketing software and solutions. It offers web content management (CMS), web experience and service delivery software, digital marketing, smart mobility and analytics tools, and, more recently, energy management solutions. It serves products and services directly to clients in South Korea and Japan, Singapore, Malaysia, Indonesia, Thailand, Vietnam, and the United States.

South Korea

Developer of online games in Korea. The company provides mobile gaming platform specializing in role-playing games.

South Korea
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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.