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From $800k to $274M in 4 Years - The Story of Ariba

Tom Tunguz

In its first year of selling, the company generated $800,000 in revenue. Before its acquisition, which was consummated at the highest historical multiple of any software company , Ariba was the largest independent procurement software business. Ariba went public in 1999 three years after having been founded. Then it ramped. $8

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A SaaS History Lesson – The First SaaS Company's Exceptional Journey

Tom Tunguz

But soon after the crash of 2001, the startup’s market cap totaled only $8M. Thirteen years later, the company generated more than $600M in annual revenue in 2014 and sold to SAP for $8.3B Thirteen years later, the company generated more than $600M in annual revenue in 2014 and sold to SAP for $8.3B

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SaaStr’s Podcast “Best Of Guide” Our Top 10 Podcasts of All Time

SaaStr

In 2001 David joined Matrix Partners, who had backed his last two startups, as a General Partner. Before joining Upfront Mark was Vice President, Product Management at Salesforce.com following its acquisition of Koral, where Mark was Founder and CEO. Prior to Brex, Sam was Chief Revenue Officer at Rainforest QA.

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The First Generation of the Talent Software Wars

Tom Tunguz

Both companies eventually offered talent acquisition, performance management, and learning tools for human resources teams. As the chart above shows, both companies scaled revenue rapidly, reaching $100M in revenue 7 years after founding. But they started in different places. Both companies were acquired around the same time.

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The top SaaS companies ruling the East Coast

SaaStock

ProfitWell provides industry standard subscription financial metrics that uncover pockets of hidden revenue through unmatched subscription intelligence. By the end of 2018, Shopify managed to bank over $1 Billion in revenue, reaching quite the milestone and rightfully earning the crown of top SaaS company. Founded: 2001.

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The 57% Drop in SaaS Valuations

Tom Tunguz

The chart above shows the forward revenue to enterprise value multiple of all public SaaS companies. forward revenues. To put the figures into perspective, a company generating $100M in revenue next year, growing at more than 70% annually, is worth around $500M. 100M in revenue - not ARR. in 2000 to $71.8M

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18 investors fueling Latin America’s SaaS superstars

SaaStock

Starting from 2001 with the establishment of DGF Investimentos, there has been a steady addition to the roster of funds, with key periods where a few were started around the same time. Founded: 2001. Target companies should have proprietary technology with high scalability potential, as well as annual revenue below R$18 million.