23 SaaS Startups in Singapore

January 24, 2023

SaaS startups have become the darling of Venture Capital investors, especially in Singapore. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 23 VC funded SaaS startups in Singapore .

Accredify

Accredify, which has its headquarters in Singapore, is the top service provider for businesses looking to produce and distribute verified papers. Documents supplied by Accredify have been confirmed about 7 million times, with a presence in more than nine markets and 900 clients worldwide. The cloud-based method used by Accredify issues tamper-proof digital documents that can be tracked back to their original source. Users may instantly verify papers by dragging and dropping the digital document into an online verifier site. Accredify offers a set of APIs and choices for systems-to-systems integration in addition to its primary value proposition of producing and issuing verifiable documents. As a result, teams can quickly and easily construct verifiable digital credentials. The higher education industry was Accredify's initial vertical, and it helped Asia's premier universities and adult learning facilities create and issue digital graduation certificates and transcripts. It was named one of the Top 50 Southeast Asia EdTech companies by HolonIQ for 2020. Accredify entered the healthcare industry in July 2020 with the goal of assisting the Singaporean government in controlling the COVID-19 epidemic. Accredify provided assistance in the creation of Singapore's HealthCerts, a globally recognized document that certifies a person's COVID-19 health status and can be accessed by scanning a QR code. Additionally, it was the first service provider in Singapore to publish a genuine COVID-19 swab result. More than 32 nations worldwide recognize HealthCerts issued by Accredify. Accredify's goal is to be the dependable solution for maintaining and validating documents wherever they are, whenever, with a committed workforce that upholds the highest levels of customer care, security, and legal compliance. Visit www.accredify.io and follow us on LinkedIn @Accredify for further details.

Company details:
Founders:
Derrick Lee, Edmund Chew, Shaun Cheetham, Zheng Wei Quah
Founded:
2019
Based in:
Singapore, Central Region, Singapore
Website:
Accredify
Industries:
Information Technology, SaaS
Latest funding:
$2,000,000
Series A
1 October 2021
Total funding:
$2,000,000
Investors
Pavilion Capital, Qualgro VC, Tribe, K2 Global, LuneX Ventures

AsiaVerify

In addition to addressing other compliance issues, AsiaVerify (UNSD Information Technology Pte Ltd), a RegTech company, offers users an instant verification service that streamlines workflows for Know Your Business (KYB), Know Your Customer (KYC), Anti-Money Laundering (AML), and Ultimate Beneficial Owner (UBO). AsiaVerify's platform accesses the most reliable, legally permissible, and thorough sources to check businesses, customers, and shareholders online, in real-time, and in full translation, understanding the value of trust and safety when conducting business. Due to this, AsiaVerify is a crucial component of any company's Asian expansion plan.

Company details:
Founders:
Ficoal Dong
Founded:
2019
Based in:
Singapore, Central Region, Singapore
Website:
AsiaVerify
Industries:
Cloud Data Services, FinTech, SaaS
Latest funding:
$1,464,261
Seed
23 November 2021
Total funding:
$1,464,262
Investors
New Wheel Capital, Allectus Capital, Scalare Partners

Borneo

Borneo is a real-time data security and privacy observability platform that handles privacy compliance for hyper-growth businesses and guards against data breaches. The platform offers constant monitoring, categorization, and protection of your cloud data footprint for sensitive data. Borneo was established in 2019 and has its headquarters there.

Company details:
Founders:
Prithvi Rai
Founded:
2019
Based in:
Singapore, Central Region, Singapore
Website:
Borneo
Industries:
Cloud Infrastructure, Cloud Security, Cyber Security, SaaS, Security
Latest funding:
$18,000,000
Series A
6 September 2021
Total funding:
$18,000,000
Investors
Prosus Ventures, Wavemaker Partners, Vulcan Capital, Lytical Ventures

Chintai

Using high performance blockchain technology, B2B SaaS provider Chintai eliminates inefficiencies from the value chain of regulated assets. For the administration of primary, secondary, custody, and cap table digital assets, we offer a complete solution. The platform's entirety is supported by The platform is intended to make it simple for SMEs, challenger banks, and asset managers to use blockchain technology.

Company details:
Founders:
David Packham, Phillip Hamnett, Ryan Bethem
Founded:
2019
Based in:
Singapore, Central Region, Singapore
Website:
Chintai
Industries:
Blockchain, Cryptocurrency, Financial Exchanges, Financial Services, FinTech, Real Estate, SaaS
Latest funding:
$7,500,000
Seed
1 February 2021
Total funding:
$7,700,000
Investors
Block.one, Peer Venture Partners, Cryptology Asset Group, Private Investor, Collective Capital

DayOne

DayOne is a software as a service (SaaS) platform for performance-improving microlearning and microtasking for frontline employees.

Company details:
Founders:
Ngeow Jiawen, W.H .C
Founded:
2020
Based in:
Singapore, Central Region, Singapore
Website:
DayOne
Industries:
SaaS, Software
Latest funding:
$1,000,000
Seed
1 March 2021
Total funding:
$1,250,000
Investors
Antler, Nicolas Mas

Easy Eat

Easy Eat is a technological remedy for these customers. With the use of our technology, inside diners may browse menus online, look for specific dishes, and read product descriptions and nutritional information. Additionally, they may place and follow orders, make payments using a combined interface, and keep track of their eating history. Restaurants can better control the foot traffic while saving time and money. Additionally, they will get access to sophisticated user metrics, similar to Google Analytics. Their customer strategy, marketing intelligence, and operational effectiveness will all benefit from it.

Company details:
Founders:
Abdul Khalid, Alok Ranjan, Mohd Wassem, Rhythm Gupta
Founded:
2019
Based in:
Singapore, Central Region, Singapore
Website:
Easy Eat
Industries:
Artificial Intelligence, Food and Beverage, SaaS, Software
Latest funding:
$5,000,000
Series A
15 July 2021
Total funding:
$5,000,000
Investors
Newchip, Ritesh Agarwal, Maninder Gulati, Aroa Ventures, Cem Garih

impress.ai

Impress.ai, a no-code, self-service platform, was introduced in 2017 with a strong focus on streamlining and expediting several steps in the hiring process. AI chatbots are used to provide candidates with a smooth interview experience, delivering evaluations and assigning an overall metric value to the candidate while answering questions with a 96 percent accuracy rate. The AI algorithm may be localized based on industrial organization (I/O) psychology to take into consideration various recruiting laws, languages, customs, and cultural sensitivities to assist businesses stay flexible in the dynamic world of recruitment.

Company details:
Founders:
Amrith Dhananjayan, Sudhanshu Ahuja, Vaisagh Viswanathan
Founded:
2017
Based in:
Singapore, Central Region, Singapore
Website:
impress.ai
Industries:
Artificial Intelligence, Enterprise Software, Human Resources, Machine Learning, SaaS, Software
Latest funding:
$3,000,075
Seed
12 May 2021
Total funding:
$4,350,075
Investors
Zeroth.AI, Seeds Capital, Startup-O, Summit 29K, O Victory Fund

Jenfi

Jenfi is an alternative revenue-based finance firm for Southeast Asian entrepreneurs and enterprises that are digital natives, founded by Jeffrey Liu and Justin Louie. The asset class, known as "Growth Funding as a Service" (GCaaS), provides non-dilutive capital up to US$500,000 so that companies may scale through marketing, inventory, and growth initiatives. A company's creditworthiness and efficiency with expansion expenditures may both be assessed using Jenfi's own risk assessment engine. According to the evaluation, Jenfi offers firms a more adaptable and non-dilutive funding solution. Over 100 companies have received funding from Jenfi to date, including B2B and SaaS companies including Homebase, Pay With Split, and Tier One Entertainment. By July 2022, Jenfi plans to invest US$15 million in non-dilutive capital. Before founding Jenfi, Jeffrey and Justin founded and successfully sold the fitness subscription business GuavaPass. You may learn more at www.jenfi.com.

Company details:
Founders:
Jeffrey Liu, Justin Louie
Founded:
2019
Based in:
Singapore, Central Region, Singapore
Website:
Jenfi
Industries:
Analytics, Business Development, Financial Services, FinTech, Lending, SaaS
Latest funding:
$6,300,000
Series A
17 August 2021
Total funding:
$34,560,000
Investors
Y Combinator, Monk’s Hill Ventures, Golden Equator Ventures, Iterative, VentureSouq

Multiplier

Leading global employment platform Multiplier makes it simple for businesses to hire teams abroad. Its innovative technology manages the complexity of local compliance, labor contracts, payroll, benefits, and taxes, simplifying the hiring process. We provide businesses the ability to manage their distributed staff through an easy dashboard while also taking care of their compliance with regional labor laws. We are enthusiastic about establishing a society in which individuals may work at a profession they enjoy while remaining with the people they cherish.

Company details:
Founders:
Amritpal Singh, Sagar Khatri, Vamsi Krishna
Founded:
2020
Based in:
Singapore, Central Region, Singapore
Website:
Multiplier
Industries:
Compliance, Employment, Human Resources, SaaS, Software
Latest funding:
$60,000,000
Series B
8 March 2022
Total funding:
$77,200,000
Investors
Tiger Global Management, Picus Capital, MS&AD Ventures, Sequoia Capital India, Golden Gate Ventures

Nektar.ai

Modern B2B Sales are being reimagined by Nektar.ai! We think that rather than the other way around, tools should serve humans. We are currently developing a multichannel GTM data platform that is a first of its kind. It will break down the digital Go To Market silos that are present in today's digital world and serve as your company's system of growth, encouraging your sales staff to close more transactions more quickly.

Company details:
Founders:
Abhijeet Vijayvergiya, Aravind Ravi-Sulekha
Founded:
2020
Based in:
Singapore, Central Region, Singapore
Website:
Nektar.ai
Industries:
Artificial Intelligence, B2B, CRM, Information Technology, Machine Learning, Productivity Tools, SaaS, Sales, Sales Automation, Software
Latest funding:
$8,100,000
Seed
2 August 2021
Total funding:
$10,250,000
Investors
Nexus Venture Partners, Better Capital, Insignia Ventures Partners, 3one4 Capital, Ritesh Agarwal

Parcel Perform

Parcel Perform is the leading delivery experience platform. It enables modern e-commerce enterprises to create unique end-to-end customer journeys and optimize logistics operations with powerful data integrations, parcel tracking, delivery notifications, and logistics performance reports in real-time. Parcel Perform's scalable SaaS platform executes more than 100 million parcel updates daily and integrates with 900+ carriers. The data-first company is pioneering innovative ML / AI use cases in e-commerce logistics, including its 'Date of Arrival' prediction engine. Parcel Perform is the partner of choice for top brands, marketplaces, and carriers across all major verticals globally.

Company details:
Founders:
Arne Jeroschewski, Dana von der Heide
Founded:
2016
Based in:
Singapore, Central Region, Singapore
Industries:
E-Commerce, Logistics, SaaS, Software, Supply Chain Management
Latest funding:
$20,000,000
Series A
11 August 2021
Total funding:
$21,450,000
Investors
500 Global, Acequia Capital (AceCap), Wavemaker Partners, Softbank Ventures Asia, Investible

Perx Technologies

Perx Technologies, a category creating Lifestyle Marketing SaaS solution provider, refounded in 2016 and launched in 2017, is redefining how enterprises engage, monetize and reward their ecosystem in the mobile first economy. In the creator economy, customer experience is the new product. Perx was founded to overhaul the legacy, expensive, static loyalty management framework and focus on dynamic engagement that produces instant ROI compared to the expensive loyalty programs and one-off engagement campaigns that drain the bottomline. We solve user journey management, abandonment, churn, and monetization challenges by leveraging advanced automation, gamification and behavioral science to influence transactional and non-transactional user behavior.

Company details:
Founders:
Anna Gong
Founded:
2011
Based in:
Singapore, Central Region, Singapore
Industries:
Analytics, Gamification, Loyalty Programs, Marketing, Marketing Automation, Mobile, SaaS
Latest funding:
$2,600,000
Series B
1 June 2022
Total funding:
$15,689,099
Investors
Golden Gate Ventures, Access Ventures, Eduardo Saverin, LINE Ventures, NCore Ventures

Portcast

Portcast makes logistics profitable with accurate demand forecasts. Our proprietary data analytics engine is custom-designed for the logistics industry. The engine ingests combines historical data with real-world uncertainties, continuously identifies patterns in the supply chain that disrupt demand and applies comprehensive machine learning models to dramatically improve prediction results. Portcast is a route-based SaaS platform which provides the customers with both a web interface and an API for easy integration. In short, we turn market volatility into competitive advantage for logistics companies.

Company details:
Founders:
Lingxiao Xia, Nidhi Gupta
Founded:
2017
Based in:
Singapore, Central Region, Singapore
Website:
Portcast
Industries:
Analytics, IT Infrastructure, Logistics, Machine Learning, SaaS, Software, Supply Chain Management
Latest funding:
$3,200,000
Seed
6 September 2021
Total funding:
$3,200,000
Investors
Entrepreneur First, Wavemaker Partners, Innoport, TMV, SGInnovate

SalaryBox

For company owners and employees, SalaryBox is a smartphone application that tracks salaries and attendance.

Company details:
Founders:
Nikhil Goel, Peeyush Goyal
Founded:
2020
Based in:
Singapore, Central Region, Singapore
Website:
SalaryBox
Industries:
Mobile Apps, SaaS
Latest funding:
$4,000,000
Seed
7 September 2021
Total funding:
$4,125,000
Investors
Y Combinator, Soma Capital, MAGIC Fund, Amino Capital, AME Cloud Ventures

Skuad

Digital onboarding, international payroll, statutory benefits, and local legal compliance in the country of employment are all streamlined by Skuad's Global HR & Payroll Platform. Skuad manages the complete employment lifecycle so businesses may expand abroad without significant financial outlays, challenging HR administration, and months of work.

Company details:
Founders:
Dave Fall, Naman Singhal, Sundeep Sahi
Founded:
2019
Based in:
Singapore, Central Region, Singapore
Website:
Skuad
Industries:
Employee Benefits, Financial Services, Human Resources, Information Technology, SaaS
Latest funding:
$10,000,000
Series A
19 October 2022
Total funding:
$19,000,000
Investors
Anthemis Group, Alto Partners Multi-Family Office, BEENEXT, Mindlance, Rohan Monga

Snaphunt

Employers can access targeted talent with Snaphunt based on their unique requirements across nations, regions, and time zones. They can also use cutting-edge tools & solutions to manage their recruiting process and screen candidates. Along with matching job seekers to international opportunities based on their experience, talents, and interests, Snaphunt also offers tools and services to help them develop in their job search and achieve their professional objectives.

Company details:
Founders:
Tulika Tripathi
Founded:
2017
Based in:
Singapore, Central Region, Singapore
Website:
Snaphunt
Industries:
Human Resources, Recruiting, SaaS
Latest funding:
$1,500,000
Seed
11 January 2021
Total funding:
$2,500,000
Investors
BEENEXT

Tablevibe

Tablevibe helps restaurants take commission-free pickup and delivery orders on their own websites & apps. We also help restaurants attract new direct customers, boost online ratings, and grow customer lifetime value. We're making 4 key promises to restaurants: 1. $0 fixed costs, $0 setup fees, 0% commission. 2. No transaction fees for the first US$60,000 (or local currency equivalent) in orders. 3. You own all your customer data. 4. Deliveries by food professionals (eg. DoorDash, Foodpanda, Grab) at a low flat fee. Here's how much restaurants save on a $35 order versus the #1 delivery app in their region: US: Save $8.30 (72%) in fees. CA: Save $6.80 (59%) in fees. AU: Save $7.31 (63%) in fees. SG: Save $5.45 (52%) in fees. Would you like to learn more? Have a look at Tablevibe.co or drop us a line at hello@tablevibe.co. We’re looking forward to connecting with you.

Company details:
Founders:
Jeroen Rutten, Mathieu Sneep
Founded:
2020
Based in:
Singapore, Central Region, Singapore
Website:
Tablevibe
Industries:
Hospitality, Information Technology, Productivity Tools, Restaurants, SaaS
Latest funding:
$1,500,000
Seed
30 November 2021
Total funding:
$1,625,000
Investors
Y Combinator, Global Founders Capital, Velocity Ventures, Farouk Kadous

Tessaract.io

Tessaract.io is a no-code workflow automation platform that helps professional services firms and other companies to work more effectively. Primary use cases include Legal Practice Management and management of complex projects

Company details:
Founders:
Cherilyn Tan
Founded:
2018
Based in:
Singapore, Central Region, Singapore
Website:
Tessaract.io
Industries:
B2B, Legal Tech, SaaS, Software
Latest funding:
$3,300,000
Seed
24 August 2021
Total funding:
$3,300,000
Investors
Wavemaker Partners, M Venture Partners (MVP), CMIA Capital Partners, Anand Swaminathan, Doug Parker

Tigerhall

Tigerhall is a mobile SaaS platform for social learning, where top industry experts and business leaders share their knowledge. Measure ROI on professional learning and create real-impact with the #1 Global Social Learning Platform.

Company details:
Founders:
Nellie Wartoft
Founded:
2018
Based in:
Singapore, Central Region, Singapore
Website:
Tigerhall
Industries:
E-Learning, Education, Information Technology, Internet, Knowledge Management, SaaS
Latest funding:
$7,000,000
Series A
1 December 2021
Total funding:
$10,800,000
Investors
Monk’s Hill Ventures, Surge, Vulpes Ventures, Taurus Ventures, XA Network

Travelstop

Travelstop is a revolutionary platform aimed at modernizing and simplifying business travel. The company makes it easy to manage business trips, automate expense reporting, and provide meaningful insights to business owners. Founded in 2018, Travelstop is headquartered in Singapore.

Company details:
Founders:
Altaf Dhamani, Prashant Kirtane, Vijay Aggarwal
Founded:
2018
Based in:
Singapore, Central Region, Singapore
Website:
Travelstop
Industries:
Business Travel, Enterprise Software, Internet, SaaS, Software, Travel
Latest funding:
$500,000
Seed
13 January 2022
Total funding:
$4,700,000
Investors
Accel, SeedPlus, STRIVE, David Ko, Dan Lynn

Twixor

The world has changed. Enterprises are re-imagining customer engagements on social and messaging channels preferred by their customers, thereby enabling structure in an inherently unstructured medium. We enable business transactions over instant messaging and traditional digital channels. We orchestrate end-to-end fulfillment via digital customer journeys, powered with intelligent business process automation, across banking, financial services, insurance, healthcare, retail, logistics, travel, and other industries. Conversational flows where customers choose their service, intent-driven communications via AI/NLP (natural language processing) engines, seamless transfer to live agents where human intervention is required, dynamic rich cards to improve user experience – all enable hyper-personalization, elevate customer experience, improve customer loyalty, increase revenue, and lower both customer acquisition and service costs. Twixor is headquartered in Singapore, with offices pan-India, and serving a global client base, several of who are in the Fortune 500. Using patented technology, Twixors’ low-code no-code omnichannel messaging and intelligent automation platform enables enterprises with customer acquisition, engagement and transaction solutions over all traditional digital (websites, SMS, email, QR codes) and new instant messaging channels (WhatsApp, FB Messenger, RCS, Telegram and more). We invite you to join us on this journey of accelerated digital transformation.

Company details:
Founders:
Ashok Anand
Founded:
2013
Based in:
Singapore, Central Region, Singapore
Website:
Twixor
Industries:
Artificial Intelligence, Customer Service, Intelligent Systems, Messaging, Natural Language Processing, SaaS, Software
Latest funding:
$2,400,000
Series A
15 December 2021
Total funding:
$2,780,000
Investors
The Chennai Angels, Axilor Ventures, Season Two Ventures

Vouch

Vouch creates user-friendly digital concierges for hospitality and travel, giving them the flexibility to focus on the important tasks. Artificial intelligence (AI) is used by their app-free, chat-based digital concierge to assist guests and customers around-the-clock with purchases and in-house requests. We have been successful in enhancing the customer and visitor experience, boosting productivity, and seizing revenue-generating opportunities.

Company details:
Founders:
Joseph Ling
Founded:
2016
Based in:
Singapore, Central Region, Singapore
Website:
Vouch
Industries:
Artificial Intelligence, Enterprise Software, Hospitality, Internet, Machine Learning, Messaging, SaaS, Software, Travel
Latest funding:
$1,100,000
Seed
5 October 2021
Total funding:
$1,100,000
Investors
Alto Partners Multi-Family Office, Forge Ventures

X0PA AI

Our Founder & CEO, Nina Alag Suri, founded X0PA AI in 2017 to lessen the subjectivity and inefficiencies of conventional recruiting procedures. A B2B AI-powered SaaS platform called X0PA AI supports recruiting and selection decisions that are based on science and objectivity. With each applicant being evaluated beyond age, gender, and race, X0PA's unique AI algorithms are utilized to find, score, and rank skills. By guaranteeing both competency and compatibility on both the employer and employee sides, it is in line with the UN SDGs of equitable and fair opportunities to everyone. We seek to maximize objectivity in recruiting and assure workplace pleasure through equitable and ideal matching between employee and employer through ethical AI and data science.

Company details:
Founders:
Jussi Keppo, Nina Alag Suri, Satnam Alag
Founded:
2017
Based in:
Singapore, Central Region, Singapore
Website:
X0PA AI
Industries:
Analytics, Artificial Intelligence, Big Data, Human Resources, Machine Learning, SaaS
Latest funding:
$4,900,000
Series A
4 January 2022
Total funding:
$7,972,857
Investors
Seeds Capital, Enterprise Singapore, Alpha Impact 8, ICCP Venture Partners, Xcel Next Ventures

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