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List of the largest SaaS companies in Taiwan

Top SaaS Companies in Taiwan

These are the top SaaS companies in Taiwan. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Taiwan by featuring these 29 companies with combined revenues of $163.9M.

Together, Taiwan SaaS companies employ over 3K employees, have raised $3.7B capital, and serve over 11M customers around the world.

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Highlights

01
$43M
$480M
400K
829
2011
Taiwan
02
KKBOX
KKBOX

Application Development Software

Provider of cloud based music on-demand services. The company offers multi-device digital music streaming and subscription services. It is also engaged in investing and developing digital music applications and products.

$24M
$104M
10M
265
2004
Taiwan
03
A
Appier

Analytics Software

Provider of advertising technology services designed to make it easy for businesses to use artificial intelligence. The company's advertising technology services utilize a self-serve prediction platform that uses AI to unlock actionable insights, analyze data to make recommendations that helps to find and grow target audience, enabling businesses grow in terms of revenue.

$14M
$3B
1K
464
2012
Taiwan
04
KM
Kdan-Mobile

Marketing Software

Kdan Mobile Software is a privately owned application and software development company based in Tainan City, Taiwan.

$12M
$51M
-
250
2009
Taiwan
05
GTG
Gorilla Technology Group

Information Technology Software

Gorilla is a global leader in Video Big Data and Analytics technology, which supports a wide range of video-centric applications for broadcast media and entertainment, education, enterprise unified communication, business intelligence, and security. In addition to managing over 35 petabytes of content across 5 continents and in multiple languages, Gorilla solves key Video Big Data related issues derived from the volume, velocity and variety of videos generated by real-world applications in Smart Cities, logistics, retail and the connected home. Working with leading hardware and infrastructure partners such as Cisco, EMC and Dell. Gorilla offers scalable on-site products and solutions . In conjunction with data center and cloud infrastructure providers like Telstra, Gorilla provides a range of value-added services covering video and network intelligence, video management and delivery. Gorilla also works with service providers to develop value-added video entertainment and security services for the connected home. Gorilla Technology is a privately held company established in 2001 that has representation across the US, UK, Europe, the Middle East, South-East Asia, and China.

$11M
$15M
-
126
2001
Taiwan
06
PT
PrismTech

Cloud Computing Software

Provider of performance-critical computer systems and software services. The company offers products including OpenSlice DDS, OpenFusion COBRA and SPECTRA SDR.

$11M
$2M
-
837
1992
Taiwan
07
UJ
UserJoy

Information Technology & Services

UserJoy helps SaaS companies measure and improve user engagement and retention. It focuses on solving two problems faced by SaaS companies:1. Low freemium / trial to paid conversions2. Low engagement / retention of paying usersIt provides a tool to:1. auto-track all user activity (user analytics)2. measure user engagement and health3. segment users based on activity and health4. send personal and lifecycle emails to users

$9M
-
85K
102
2014
Taiwan
08
aI
awoo Intelligence

Artificial Intelligence Software

Democratize AI solutions for all businesses to connect with consumer intentions

$8M
$1M
-
84
2016
Taiwan
09
aBII
awoo Bros. Internet, Inc.

Information Technology & Services

awoo, the leading SEO brand in Taiwan, has over 12 years of industry experience and serviced more than 600 companies. By leveraging both artificial intelligence and search engine expertise, awoo built its Marketing AI to help businesses growth hack their traffics. With over 12,000 corporate users and partnership from Google and HubSpot, awoo has entered the Japan market with the aim of building a world-class Marketing Automation AI company.

$5M
-
-
62
2016
Taiwan
10
iCHEF
iCHEF

Information Technology Software

Provider of an iPad-based application platform intended to assist restaurant point-of-sale (POS) system. The company's iPad-based application platform offers to make any changes to any item, menu, promotions, floor plans and many others via desktop or mobile devices, enabling restaurant owners and staff to process transactions quicker and more efficiently.

$4M
$6M
8K
75
2012
Taiwan
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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.