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5 Interesting Learnings from MongoDB at $1.5 Billion in ARR

SaaStr

2022 Saw a Slowdown in Usage Growth, But 2023 Saw a Potential Bounce Back. The start of 2023 (FY ‘4) may have seen a partial bounce back, however. But those accounts grow dramatically over time, and don’t really churn. And it wasn’t “profitable” until 2023. Let’s dig in: #1.

Scale 174
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MongoDB at $1.5B in Revenue — An Epic Growth Story

SaaStr

Instead of looking at those who are struggling, let’s take a look at the epic growth story of MongoDB, a company crushing it in 2023. That’s about as good as it gets in SaaS and Cloud! 1 — 2022 Saw A Slowdown In Usage Growth, But 2023 Saw A Potential Bounce Back. MongoDB has one of the highest public multiples in SaaS and Cloud.

Revenue 187