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5 Interesting Learnings from Blackbaud at $1 Billion in ARR

SaaStr

and IPO’d in 2004 (!), and transitioned into SaaS later and through acquisitions, and then into a broad platform for fundraising and educational management. $100 Increased Transaction Fees and Raised Prices on Renewals. Like Blackbaud. It’s a real oldie in educational and nonprofit software. It was founded in 1981 (!)

Education 189
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CFO’s pricing metric helped SaaS company get through COVID-19

OPEXEngine

Smart pricing enabled process management software provider Cherwell to get the most from its subscribers while new businesses languished. Cherwell was founded in 2004 as an IT process improvement software company and later expanded into other process areas within companies, including HR, facilities, and finance.

Metrics 52
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The Quirky M&A Environment for SaaS Companies in 2016

Tom Tunguz

The more than $600B in cash on the balance sheets of large public tech companies combined with a recent pricing correction in SaaS companies presaged a flurry of acquisition activity. First, 15 of the 22 US software acquisitions worth more than $0.5B But it hasn’t unfolded as expected in three different ways.

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Finding the Next Wave of Growth: S-Curves and Product Sequencing

Casey Accidental

Most companies have a primary acquisition loop that drives this scalable growth, and unfortunately, there aren’t that many acquisition loops that really scale. And you start being able to acquire more of them in a scalable way i.e. an acquisition loop. In fact, they complain more, because they like the product enough to care.

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

Tom Tunguz

At its peak, the company would be worth $40 billion, but after the dotcom crash, the share price returned from the stratosphere to normal levels. Before its acquisition, which was consummated at the highest historical multiple of any software company , Ariba was the largest independent procurement software business.

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SaaStr Podcasts for the Week with Mayfield and TripActions — May 1, 2020

SaaStr

Will these CACs remain low priced? How does Navin expect company pricing to change over the next few months? * In my early twenties I founded three companies between 1995 to 2004 which all had successful exits, including an acquisition by Microsoft and an IPO. What have been his major moments of learning?

B2C 180
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The Runaway Train of Late Stage Fundraising

Tom Tunguz

Private market rounds were 14x as common as IPOs in 2014, compared to the 2004-2007 era, when IPOs were about as equally common as large private financings. As Bill Gurley wrote, “These large, high-priced private financings are the defining characteristic of this particular technology cycle.”

Finance 100