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.
29
$163.9M
3K
$3.7B
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
Top SaaS Companies with $0 - $1M ARR
Top SaaS Companies with $5 - $10M ARR
Top SaaS Companies with $10M+ ARR
Automotive
Developer of clean energy products created to help cities operate in a smarter, cleaner and more sustainable way. The company's main product is an electric scooter that utilizes rechargeable smart batteries, along with a dedicated app that shows where customers can exchange and recharge their batteries, enabling cities to reduce pollution and operate in a cleaner way.
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.
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.
Marketing Software
Kdan Mobile Software is a privately owned application and software development company based in Tainan City, Taiwan.
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.
Cloud Computing Software
Provider of performance-critical computer systems and software services. The company offers products including OpenSlice DDS, OpenFusion COBRA and SPECTRA SDR.
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
Artificial Intelligence Software
Democratize AI solutions for all businesses to connect with consumer intentions
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.
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.
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.