Remove 2021 Remove Azure Remove Startup
article thumbnail

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

SaaStr

SaaS products and services like Pilot track the finances of 1,000s of SaaS and other startup so they’re an interesting source of hard data. Something that’s both not surprising but also pretty impactful: 57% of venture-backed startups will have to go “back to market” in 2024 to raise more capital. Carpe Diem.

Startup 357
article thumbnail

We End the Year at All-Time Lows for SaaS Growth. A Buying Signal — Or The End of an Era?

SaaStr

Shopify, Canva, Monday and tons of other SaaS leaders less focused on tech and startups had big years. And broader Cloud players had great years too, from MongoDB to Cloudflare to Azure, if not quite as crazy as at the peak of 2021. So 2023 wasn’t a rough year for everyone.

Azure 349
Insiders

Sign Up for our Newsletter

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

article thumbnail

SaaS Multiples Are At a 3+ Year Low. Where It Goes From Here.

SaaStr

Amazon AWS, Microsoft Azure and even Google Cloud are on fire, adding insane amounts of revenue this year. The year still ended strong, and the next 5 years went on to be the greatest growth tear SaaS has ever seen (2H’16 to 2021). Customers are buying more than ever. It’s not all tough news, folks. But it was just a panic.

SaaS 348
article thumbnail

Clouded Judgement 10.11.24 - Budget Flush

Clouded Judgement

We all know 2020 and 2021 was the year of excessive software buying fueled by ZIRP. Coming out of that, every company from the largest enterprise to the smallest startup started thinking very critically about cost optimizations. So why was it stronger than normal last year? Where was redundant spend that could be consildated.

Cloud 167
article thumbnail

A Flare Across the Clouds : Cloudflare's Earnings Report

Tom Tunguz

I’m watching public company earnings to identify early trends in the software market to inform startups’ plans for 2023. For fiscal 2022, large customers represented 61% of total revenue compared to 54% of total revenue in 2021 and 46% in 2020… Overall NDR fell, but enterprise spending remains steady.

Cloud 243
article thumbnail

Forgot the SaaS Gloom and Doom on Social. ‘Just Build’ with SaaStr CEO and Founder Jason Lemkin

SaaStr

A lot of the funding rounds for AI feel like 2021 again, but only for this subset of people. In 2021, they had 110% NRR. You can see the growth on the platform side with Azure, Google, and AWS and how much it’s accelerating in AI. How does a startup benefit from this? Why does 2024 in AI feel like 2021?

CTO Hire 143
article thumbnail

12 Cybersecurity Companies In Hyper-Growth to Add to Your CRM

Sales Hacker

Just over halfway into 2021, 2020’s record has already been blown out of the water, with another $11 billion invested thus far. Just over halfway into 2021, nine additional cybersecurity companies joined this exclusive list with over $50 million in Series A or B funding rounds. Tip: Here’s the list of funding rounds for 2021 thus far.