Remove 2021 Remove Churn Remove Payment Features
article thumbnail

How SaaStr Fund-Backed RevenueCat Went from a $1.5M Round at $7M Valuation in 2018 to $500M+ Today

SaaStr

When SaaStr Fund made the first investment in RevenueCat back in 2018, nobody could have predicted that this “simple API for managing in-app subscriptions” would become the infrastructure powering 33% of all mobile subscription apps and reach a $500M valuation in 2025. ” required weeks of developer time to answer.

Payments 281
article thumbnail

The Vertical SaaS Gold Rush: Why Non-Tech B2B Is Growing 250%+ Faster

SaaStr

The Numbers Tell the Story: Monday.com Q1 2025 : 30% growth, $282M revenue Asana 2024 : Single-digit growth, struggling with churn Mostly Same Product Category, Mostly Different Customers Both companies build “work management” software. The “productivity software” that seemed essential in 2021 is now getting cut.

Insiders

Sign Up for our Newsletter

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

article thumbnail

ChartMogul 2024: Year in Review

Chart Mogul

SaaS companies experienced a boom in growth starting mid-2020 and into 2021. But the growth bubble popped in late 2021 when new business began to slow. Over half our team is focused on product development, ensuring we stay well ahead in Subscription Analytics while expanding our CRM offering.

article thumbnail

A guide to customer-led growth (CLG) for SaaS leaders

Chart Mogul

Since 2021, year-over-year (YoY) growth for SaaS companies has steadily declined —largely because new business sales have slowed down significantly. ICP (Ideal Customer Profile) A huge part of why customers churn in PLG-driven or other motion-driven companies is the misalignment around what an ICP (Ideal Customer Profile) is.

Scale 52
article thumbnail

5 Interesting Learnings from UiPath at $600,000,000 in ARR

SaaStr

— Jon Ma (@jonbma) March 27, 2021. UiPath grew from 6,009 customers last year to 7,968 at January 2021, or 33% growth. Even if a lot of the revenue isn’t truly recurring SaaS revenue. The gross churn is only 3% a year, before upsells. — Jason BeKind Lemkin (@jasonlk) March 29, 2021. seed round.

article thumbnail

5 Interesting Learnings from Squarespace at $700,000,000 in ARR

SaaStr

— Jason BeKind Lemkin (@jasonlk) April 16, 2021. Monetizing ecommerce via subscriptions, but not payment processing. Rather, it charges for software subscriptions to take payments on its websites. But perhaps not that uncommon for higher-churn SMB categories. 70% annual, 30% monthly subscriptions.

article thumbnail

The Monthly Recurring Revenue Guide for 2021

Chart Mogul

Answering the most common and most pressing questions about MRR to guide your 2021 planning. Monthly recurring revenue is one of the least exciting topics to take on in 2020. Because MRR is based on subscriptions, it has a strong forward-looking element. Example: A customer pays $60 for an annual subscription.

Payments 145