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85% of Business App Trials Start on Day 0. Don’t Waste Your Shot. The Latest Data from 75,000 Apps and RevenueCat

SaaStr

I’m fortune that SaaStr Fund was the first investor in RevenueCat in 2018 and today it’s grown into the #1 tool to manage mobile subscriptions, powering 40% of all mobile subscription apps, and even ChatGPT’s mobile app itself. So they see 40% of all mobile subscriptions — and a ton of data from it.

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5 Interesting Learnings from Shopify at $4 Billion in ARR

SaaStr

Shopify’s first quarter revenue: Q1 2021: $989 million Q1 2020: $470 million Q1 2019: $321 million Q1 2018: $214 million Q1 2017: $127 million Q1 2016: $73 million Q1 2015: $37 million Q1 2014: $19 million Q1 2013: $9 million. NRR of 110%+ since 2018 — sort of. — Jon Erlichman (@JonErlichman) April 28, 2021. Still a lot.

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5 Interesting Learnings from RingCentral at $2 Billion in ARR

SaaStr

RingCentral is a very interesting case study in SaaS of starting very SMB, way in the early days of SaaS in 1999, keeping at it … and then tilting upmarket to going much more enterprise post-IPO. Fast forward to today, they are 27% SMB and 63% Mid-Market and Enterprise at $2B in ARR growing 33%. 5 Interesting Learnings: #1.

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5 Interesting Learnings from Sprout Social at $180,000,000 in ARR

SaaStr

SMB, Mid-Market and “Enterprise” are all about equal segments of revenue: #3. In 2018, even at $75m in ARR, Sprout Social only had 868 $10k+ customers. They have 28,000 customers total with plans starting at $99/month. #2. So Sprout Social is going upmarket, but carefully.

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5 Interesting Learnings from Xero. As It Crosses $650m in ARR.

SaaStr

What lessons can we learn from this huge Kiwi SMB success, for other founders? ” So even in SMB sales in smaller markets, if you take dominant market share — you can get to $500m+ in ARR! ” So even in SMB sales in smaller markets, if you take dominant market share — you can get to $500m+ in ARR!

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Lessons From Selling to 10,000 Startups With Zendesk VP of Startups, Kristen Durham (Video)

SaaStr

Others may seek to corner the SMB market. Zendesk knew that they could risk selling to startups like any other SMB, so that was the problem they set out to solve. Durham says, “We are judging ourselves in how we treat startups differently from an average SMB. The Timeline: Pre-2018: $134 off/month, 1-year offer.

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5 Interesting Learnings From Shopify. At $3+ Billion in ARR.

SaaStr

You don’t have to leave your SMBs behind as you go upmarket. You can be both SMB and enteprise consistently. Both Shopify and Zendesk have added rich enterprise offerings over time, but despite the larger ACVs of bigger customers, SMBs have kept up as a percent of revenue. We also saw this with Zendesk here.

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