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5 Interesting Learnings from Procore at $1 Billion in ARR

SaaStr

Procore in fact was founded way back in 2002. Strong growth, break-even margins, and very high quality revenue. He founded Procore in 2002. It took Procore years to really take off, and it didn’t take off at all until mobile became the accelerant. Today though, it’s worth a stunning $10 Billion. Go long, folks.

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5 Interesting Learnings from Jamf at $500 Million in ARR

SaaStr

What if you were a SaaS company and: – Doing $500,000,000 in ARR – Highly cash-flow positive (14% revenue) – Growing 27% – #1 in your segment – Expanded into multiple products What would you be worth? The company was founded in 2002, well before Apple’s renaissance, and took a while to take off.

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5 Interesting Learnings from Procore at $500,000,000 in ARR

SaaStr

The first 10 years were actually pretty challenging … the company was founded way back in 2002. note: precise ARR unclear, but at $400m in GAAP revenue in 2020, growing 38% year-over-year, they should be about there now). Spend almost 50% of revenue on sales and marketing. of their revenue is outside the U.S. #9.

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Three Mega IPOs That Took A Long, Long Time To Get Big: Squarespace, Procore and UiPath

SaaStr

Procore was founded way back in 2002 to automate construction project management. Procore didn’t really begin to take off until 2012: Squarespace was founded way back in 2003 in the CEO’s dorm room, and for years revenue was nominal.

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Even More of SaaStr’s Most Respected Leaders Unveiled!

SaaStr

Gainsight’s customer success software empowers companies to increase revenue and decrease customer churn. He served as CEO for the company until 2002 before moving on to Materna. In her first six months as CEO of PagerDuty, the company closed the first half of the year with a 95% increase in enterprise revenue.

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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. At this point in time, Ariba generated 56% of its revenue from professional services, which dramatically depressed because margins. in sales and marketing efforts in the years before generating more than $200 million in revenue. Then it ramped. $8

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The Financing Trends of Billion Dollar SaaS Companies

Tom Tunguz

The first row contains data from IPOs between 1998-2002, the second bucket contains data from IPOs between 2002-2006 and so on. 2002 71 3.0 In a future analysis, I’ll calculate the ratio of revenue dollars to VC dollars invested to get a sense of the reality of cloud capital efficiency per revenue dollar.

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