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SaaS Funding Napkin, the 2017 edition

The Angel VC

Today is January 10, 2017. In less earth shattering news, the fact that it's 2017 also means that my "SaaS Funding in 2016" napkin needs an update. Today I'd like to take a stab at the (early) 2017 answer to that question. So, what does it take to raise capital, in SaaS, in early 2017? Here's the 2017 SaaS Funding Napkin!

SaaS 262
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Doubling Down: Peter Specht, Partner at Creandum

SaaStr

However, this enthusiasm is notably more focused on specific segments and business models. Businesses involved in AI, climate, and generally any software ventures that demonstrate efficient growth are experiencing high demand. The market is currently witnessing a positive trend in terms of both velocity and investor interest.

Payments 196
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7 Secrets to a Successful SMB Go-To-Market Strategy with PayFit Co-Founder and CEO Firmin Zocchetto and Accel Partner Philippe Botteri (Pod 576 + Video)

SaaStr

Boterri’s company Accel invested in PayFit in 2017 and again in 2021. As Zocchetto said, “It’s very important –– sales hiring planning –– because in a self-driven SaaS business model, it’s what drives growth.”. At PayFit, a healthy culture is key to fighting attrition and growing the business.

SMB 181
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Building a Repeatable, Scalable & Profitable Growth Process

For Entrepreneurs with David Skok

I gave a talk this year at the 2017 SaaS North conference in Ottawa, where I discuss the fundamentals of building a repeatable, scalable, & profitable growth process for a startup. Building a Repeatable, Scalable & Profitable Growth Process [View on Slideshare].

Startup 189
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Building Customer Centric Organizations – TSIA Keynote Recap from Customer Success Summit 2017

Totango

49% of benchmarked companies are monetizing, and as it becomes common practice, it’s clear that you can bring each customer success revenue stream into the business model with its own specific profile and margin. It’s finally time to monetize customer success, instead of unprofitably bundling it in other areas.

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SaaS Freemium Model: What Works, What Doesn’t?

Incredo

Freemium business model is when you give your product to the users for $0, provide them with the basic value of your product for unlimited time but at the same time encourage them to become a paying customer in order to have access to more advanced features. Note that freemium model ? free trial.

SaaS 236
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Why Customer Success and customer education are your BFFs in uncertain times

ChurnZero

Since the dawn of business, this was the name of the game and why the venture capital space continues to soar. . Between 2017 and 2022, the venture capital & principal trading market in the US grew at an annualized rate of more than 11%. Fast-forward to today and that business model is no longer an option.