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5 Interesting Learnings from Crowdstrike at ~$3 Billion in ARR

SaaStr

Consistently Strong NRR — And Higher Than 2022 Crowdstrike has targeted a 120% NRR benchmark and it’s interesting to see how it’s fluctuated blow over the past 5+ years. Only Founded in 2011. Being Multi-Platform / Multi-Product Key at Scale A story we’ve seen many times. Since then, NRR has grown materially. #4.

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Benchmarking WorkDay's S-1 - How 7 Key SaaS Metrics Stack Up

Tom Tunguz

This post is part of a continuing series evaluating the S-1s of publicly traded SaaS companies in order to better understand the core business and build a library of benchmarks that might be useful to founders. In 2011, the year of the IPO, services still accounted for 33% of revenues.

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Benchmarking MobileIron's S-1 - How 7 Key SaaS Metrics Stack Up

Tom Tunguz

This post is part of a continuing series evaluating the S-1s of publicly traded SaaS companies in order to better understand the core business and build a library of benchmarks that might be useful to founders. Compared to the benchmark set, MobileIron has historically burned more cash and operated at greater negative income than the median.

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Benchmarking Xero's S-1 - How 7 Key SaaS Metrics Stack Up

Tom Tunguz

This post is part of a continuing series evaluating the S-1s of publicly traded SaaS companies in order to better understand the core business and build a library of benchmarks that might be useful to founders. Xero expanded into the US in 2011, which is year five in the chart above.

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UiPath, Braze, Rippling, Loom, Zapier, Networking, VCS & More. Your Guide to SaaStr Europa, 6-7 June

SaaStr

When Braze was founded back in 2011, a lot of things were different. And Kyle Poyar, Operating Partner at OpenView will follow that up with Why SaaS Metrics are Broken and how to accurately benchmark a PLG or consumption-based SaaS company. Smartphones were just becoming mainstream.

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Benchmarking Hubspot's S-1 - How 7 Key SaaS Metrics Stack Up

Tom Tunguz

Field 2011 2012 2013. The HubSpot journey to a public company provides a terrific set of benchmarks for other SMB SaaS companies. ARPC 5,395 6,580 7,752. CAC 6,671 8,279 11,645. Retention Rate 71.6% Sales Efficiency 0.47 Payback Period (yrs) 2.2 Above, I’ve copied the unit economics data from the S-1.

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Benchmarking Zendesk's S-1 - How 7 Key SaaS Metrics Stack Up

Tom Tunguz

This post is part of a continuing series evaluating the S-1s of publicly traded SaaS companies in order to better understand the core business and build a library of benchmarks that might be useful to founders. The company has achieved a 114% CAGR from 2011 through 2013, an impressive growth rate. Zendesk went public earlier this year.