article thumbnail

Pilot: 57% of Venture Startups Will Need to Raise More In 2024

SaaStr

And realistically, most won’t have the metrics to pull off another round. Folks that raised in the Go-Go Times of 2021 in many cases have been able to stretch their cash through 2023. Shopify , Datadog, Crowdstrike , Google Cloud-Azure-AWS, Snowflake , etc. And 38% have 12 or less months of runway left.

Startup 329
article thumbnail

5 Interesting Learnings from Canva at Almost $2 Billion in ARR

SaaStr

Growing Almost 50% as Approaches $2B in ARR The exact growth rate is based on an The Information report from a few weeks ago, and it seems about right looking at their published metrics. Yes, it may be worth less than its peak 2021 valuation of $40B. That’s awfully impressive. Importantly, growth has accelerated this year.

AWS 275
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Are Public SaaS Companies Taken Private At? 7.7x ARR On Average Per SaaSomomics

SaaStr

So one thing that has exploded in SaaS in the past decade is the role of Private Equity buying both public SaaS companies (to take them private, “fix” some metrics, and IPO or sell them again), and generally later-stage private SaaS companies. So what do they pay on average? You might be worth less ? is interesting to see.

AWS 268
article thumbnail

Moving ChartMogul to AWS and Kubernetes

Chart Mogul

A few months ago, we retired our last pieces of infrastructure on DigitalOcean, marking our migration to AWS as complete. Our journey was not your regular AWS migration as it involved moving our infrastructure from classic VMs to containers orchestrated by Kubernetes. Ultimately, we decided to go with AWS. Team expertise.

article thumbnail

Clouded Judgement 2.16.24 - Jan Green Shoots + CPI

Clouded Judgement

Yes, I wouldn't say it's all back to where 2021 was, but there are some green shoots, right? ” From AWS (paraphrased): They said they expect the reaccleration they saw in Q4 to continue into 2024 2024 Estimate Updates One important metric I’m tracking this quarter is the change in 2024 estimates pre / post earnings.

Cloud 161
article thumbnail

Clouded Judgement 7.28.23 - Optimization Cycles and Economy Update

Clouded Judgement

AI = Data + Compute I’ll continue beating this drum, but we got two great quotes from Azure and AWS this week. ” Then at AWS Summit they called out “Your data is your differentiator when it comes to Generative AI.” AWS reports next week. ” Data is more important than ever! So what did we learn?

Cloud 130
article thumbnail

Pitchbook & IVP: Top Tier SaaS Companies Usually Raise at 15x ARR. It Was 114x in 2021.

SaaStr

So there are a lot of rough and arm chair metrics for fundraising in SaaS in terms of valuations. Per Pitchbook and IVP, top-tier growth rounds had a 114x ARR ask at the very peak in 2021! Average asks and multiple for the very, very SaaS companies went up 700% in the Boom from late 2020-late 2021. It Was 114x in 2021.