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by Cheefoo • Updated on 7 Feb, 2024

minutes read

tech companies in singapore

In 2024, the tech companies in Singapore navigate a dynamic landscape.

Despite facing obstacles ranging from regulatory complexities to talent acquisition hurdles, these tech companies are navigating the challenges with unwavering determination.

With the economy moving slowly, it's affecting how tech companies work.

Let's explore these growing tech companies as they dive into innovation.


Hardskills

chart hardskills growth

5-year search growth: 175%

Search growth status: Exploding

Year founded: 2016

Location: 4 Battery Road, Singapore 049908

Funding: $750k

What they do:

Hardskills is an online learning platform that employs a unique team-based delivery model to provide scalable rigor and process while engaging and motivating learners to completion. Their features include a cohort experience, the science of learning, real-life simulations, and data-driven skills coaching. Founded in 2016 by CEO Anthony Hayward, Hardskills serves clients like Adidas, BMW, and Google from its offices in Berlin, New York, and Singapore. With a remarkable 90% completion training rate, Hardskills stands out in the online learning landscape.


Bluesheets.ai

chart bluesheets.ai growth

5-year search growth: 400%

Search growth status: Exploding

Year founded: 2020

Location: 33 Pekin St, Singapore 048763

Funding: $12.2M

What they do:

Bluesheets.ai offers an automated bookkeeping service, employing AI to organize financial data from various sources onto the ledger, serving accountants, finance, and operational teams. Notably, it detects over 75 languages and currencies. Established in 2020 by Researchmyusers Pte Ltd, Bluesheets.ai boasts clients like MSIG, with over 10,000 companies globally utilizing their services. Their AI has automated 11 million+ financial integrations and processed 10 million+ data points. With a presence in 4 offices, Bluesheets.ai continues to streamline financial processes for businesses worldwide.


Aftershock PC

chart aftershock pc growth

5-year search growth: 383%

Search growth status: Exploding

Year founded: 2012

Location: Suntec City, 3 Temasek Boulevard, West Wing, #02-328/329 Singapore 038983

Funding: Bootstrapped

What they do:

Aftershock PC is a Singapore-based custom PC builder and gaming laptop manufacturer, providing high-performance, customizable PCs and laptops for gaming, content creation, and professional use, using top-notch components and innovative design. Established in 2012 by founders Marcus Wee and Joe, Aftershock PC has been featured in publications like the Straits Times and Hardwarezone. They have received awards such as Best Gaming Desktop Brand and have served over 50 corporate clients with their exceptional products and services.


Cloud4C

chart cloud4c growth

5-year search growth: 233%

Search growth status: Exploding

Year founded: 2014

Location: 9 Raffles Pl, #27-00 Republic Plaza, Singapore 048619

Funding: Bootstrapped

What they do:

Cloud4C is an automation-driven cloud management service provider, specializing in managing mission-critical workloads for large enterprises with strict compliance needs. Their services support both native and hybrid cloud environments, featuring multi-availability zones and a four-way disaster recovery architecture with zero data loss assurance and military-grade security, all covered by a single SLA. Founded in 2014 by Sridhar Pinnapureddy, Cloud4C serves over 4000 clients globally, including 60 from the Fortune 500, across 26 countries, with a team of over 2000 professionals.


Gotrade

chart gotrade growth

5-year search growth: 1800%

Search growth status: Exploding

Year founded: 2019

Location: 20A Tanjong Pagar Road, Singapore 088443

Funding: $22.6M

What they do:

Gotrade is an online investment platform offering commission-free stock trading, including fractional US stocks tradable on Indonesian markets. With biometric access and top-notch encryption, investors can securely access higher returns on investments in a low-risk market. Founded in 2019 by Cofounder Norman Wanto under the previous name TR8 Pte Ltd, Gotrade has attracted over 500k investors from 150 countries. Recognized by prominent outlets like TechCrunch and Yahoo Finance, Gotrade empowers users worldwide to participate in the stock market efficiently and affordably.


Airalo

chart airalo growth

5-year search growth: 9500%

Search growth status: Exploding

Year founded: 2019

Location: 6 Raffles Boulevard, Suite 03-308, Marina Square, Singapore, 039594

Funding: $67.3M

What they do:

Airalo is the world's first eSIM store, tackling the issue of high roaming bills. They offer access to over 200 eSIMs (digital SIM cards) globally at affordable prices. With Airalo's eSIMs, download and install digital data packs from 200+ countries/regions for instant worldwide connectivity upon landing. Co-founded in 2019 by CEO Ahmet Bahadır Özdemir, Airalo has amassed 5 million+ users as of 2023. Recognized by the New York Times and Forbes, Airalo's global team spans 44+ countries across six continents.


Designs.ai

chart designs.ai growth

5-year search growth: 2400%

Search growth status: Exploding

Year founded: 2019

Location: 1 Raffles Place Tower 2 #19-61, Singapore 048616

Funding: Bootstrapped

What they do:

Designs.ai is a saas platform that uses A.I. to create logos, videos, banners, and more in just 2 minutes. It simplifies your workflow, saving time and cutting costs. With tools like face swapper, logo maker, and AI writer, it's an all-in-one solution for content creation. A proud product of Pixlr Pte Ltd, started in 2019 by CEO Warren Leow. Recognized for its innovation, Designs.ai serves SMEs, blue-chip companies, and agencies, aiming to expand its reach to major players like WPP and enterprises like Amazon.


Matrixport

chart matrixport chart

5-year search growth: 99X%

Search growth status: Exploding

Year founded: 2019

Location: Robinson Road, Singapore 048544

Funding: $138M

What they do:

Matrixport is a comprehensive digital assets financial services platform, offering investment, trading, and leveraging of crypto assets for users of all expertise levels. Led by CEO John Ge, the company boasts over 290 employees worldwide and facilitates a monthly trading volume of $5 billion. With backing from top investors like IDG Capital and DST Global, Matrixport has been featured in reputable outlets such as TechCrunch, Forbes, and Nasdaq, solidifying its position as a leader in the digital finance sector.


Locofy

chart locofy growth

5-year search growth: 1740%

Search growth status: Exploding

Year founded: 2021

Location: 152 Beach Road #28-00. Gateway East Singapore 189721

Funding: $7.2M

What they do:

Locofy, a revolutionary low-code platform, transforms designs into production-ready code in one click, speeding up product launches by up to 10 times. Using Locofy Lightning, effortlessly convert Figma designs into responsive, interactive frontend code with Large Design Models. Co-founded in 2021 by CEO Honey Mittal, Locofy.ai serves clients such as VISA and Amazon, and partners with prestigious educational institutions like Harvard and Yale University. Recognized in The Business Times and Business Insider, Locofy.ai boasts exporting over 302 million lines of code, a remarkable industry milestone.


Reebelo

chart reebelo growth

5-year search growth: 9700%

Search growth status: Exploding

Year founded: 2019

Location: 68 Circular Rd, #02-01, Singapore

Funding: $50.2M

What they do:

Reebelo is a B2C marketplace simplifying the purchase and sale of refurbished electronics like smartphones, laptops, and tablets. Their mission is to offer consumers affordable, top-quality devices while championing sustainable consumption and decreasing e-waste. Founded in 2019 by Fabien Rastouil, Reebelo has earned recognition from e27, Temasek, and TechCrunch. Boasting 500k+ users, they've saved 5 tons of e-waste. With offices in 7 countries, Reebelo's impact extends globally, contributing to a more sustainable and accessible electronics market.


Wrapping Up


Singapore's tech scene showcases what's possible when a small country invests in smart policies and solid IT infrastructure.

These companies prove that even with limited space, Singapore can lead in innovation. As we witness their success, it's clear: size doesn't matter in the digital world. It's about vision, efficiency, and creating opportunities for growth.

So, what's next for Singapore's tech journey? Only time will tell, but the possibilities are endless.

Cheefoo


Cheefoo is all about technology and good content. He loves picking up marketing skills, and teaching himself new things like SEO. He's always excited to learn more and share his knowledge with others.

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  1. Great one! After 7 years working with Singapore market, I know some of them are very good, such as TechTIQ Solutions Pte., a leading Software Solution Consultant Firm, Vinova, app development firm!
    Should be in the list!

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