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List of the largest SaaS companies in Dubai, United Arab Emirates

Top SaaS Companies in Dubai

These are the top SaaS companies in Dubai, United Arab Emirates. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Dubai by featuring these 36 companies with combined revenues of $179.9M.

Together, Dubai SaaS companies employ over 3K employees, have raised $617.1M capital, and serve over 9M customers around the world.

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Highlights

Top SaaS Companies with $10M+ ARR


01
$71M
$504M
-
721
2018
United Arab Emirates
02
LMKR
LMKR

Information Technology Software

Provider of oil exploration and production technology software services intended to become the most advanced geoscience technology provider in the exploration and production sector, offering a balanced portfolio of products and services across the globe. The company's geoscience software suite meets everyday workflow, has flexible licensing, offers functionality tailored to suit conventional and unconventional workflows and demands low information and technology support in terms of hardware requirements and installations, enabling the oil and petroleum industries to boost production and enhance profitability by lowering the associated risk.

$37M
-
8M
545
1994
United Arab Emirates
03
Z
Ziwo

Contact Center in Emerging Markets

$10M
$3M
350
50
2012
United Arab Emirates
04
TM
Telegram Messenger

Communication Software

Developer of an instant messaging application intended to communicate easily. The company's cloud-based application includes group chatting, documents sharing, message encryption, cloud storage and message synchronization across iOS, Android, Windows, macOS and Linux among other platforms, enabling users to stay connected with friends and family without a hassle.

$9M
-
500K
309
2013
United Arab Emirates
05
TPC
TPConnects

Travel Software

Digitally Empowering Airlines and Travel companies to Retail Travel. JOIN THE DISTRIBUTION REVOLUTION Our messaging capability is validated by IATA with the following certifications. IATA NDC Level 4 Certified on 18.2 Schema as a Tra...

$7M
-
-
77
2012
United Arab Emirates
06
IOFLLC
Illusions Online Fz LLC

Leisure

Provider of quality technology for all its valued clients, old and new.

$5M
-
-
73
1997
United Arab Emirates
07
AHOYLLC
AHOY LLC

E Commerce Software

SaaS, PaaS, e-commerce solutions, logistics, lastmile, mobility, spatial planning, IoT

$4M
$22M
-
57
2018
United Arab Emirates
08
T
Telr

Payroll Software

Provider of an online payment platform designed to offer a one stop e-commerce solution. The company's Telr online payment platform offers settlement to online international merchants in multi-currencies (in addition to USD and EUR) and in multiple countries with one integration only. The company's payment platform facilitates online merchants to reach out to a larger pie of online population through social media, mobile apps and websites. The company licenses this technology to enable its partners to offer multiple payment methods such as ATMs, wallets, online banking, debit cards and credit cards etc.

$4M
$14M
-
48
2013
United Arab Emirates
09
WCT
WakeCap Technologies

Construction Software

Provider of an enterprise technology intended to improve safety and productivity on construction sites. The company's technology consists of a sensor that is hard-integrated into the existing personal safety equipment, a software layer for control and safety monitoring and a reliable project-level communications and data network, enabling construction supervisors to get real-time, cloud-based visibility into worker attendance, location and accidents.

$3M
$2M
-
38
2017
United Arab Emirates
10
K
Keepface

Social Media Marketing Software

Keepface is a SaaS-enabled marketplace to help brands collaborating with influencers to boost marketing ROI.

$3M
$450K
-
31
2017
United Arab Emirates
1 - 10 of 35Next

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.