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

SaaStr

And more importantly, revenue and user growth that is accelerating at scale. – RevenueCat now powers 1/3d of all new mobile subscriptions world-wide – New Apps using RevenueCat doubled in last 6 months – Powering monetization for ChatGPT, Notion, VSCO, Runna, and pic.twitter.com/McFmCBZ0eE — Jason SaaStr.Ai

Payments 281
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The Sheer Momentum You Need For an Enduring IPO in SaaS: 63% Average Growth

SaaStr

Procore Technologies (IPO: May 2021) Pre-IPO Year Growth Rate: 38.4% Revenue Growth : $289.2M (2019) → $400.3M (2020) IPO Valuation : $8.3 billion Business : Construction management software Procore demonstrated steady growth with revenue increasing from $289.2 million in 2019 to $400.3 Indeed, it rose from $119.9m

Payments 271
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Approaching Half a Million Customers: How to Win in SMB with BILL CEO and Founder René Lacerte

SaaStr

in revenue. The mobile phone user has the highest NPS as a BILL user because it’s super simple and easy, and the clerk does all the data entry, pulling everything in and managing it. Then, in 2017, with around $50M in revenue, BILL added payment capabilities. If you screw up one payment, customers are going to be angry.

SMB 307
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IPO Offerings Are Already Up 62.5% This Year. With Much More to Come. We’re Back

SaaStr

The data is clear: the IPO renaissance isn’t coming—it’s already here. But a very different one from the 2021 wave: Deal volume is surging : 2025 has been a “green light” year for IPOs, with 52 new U.S. The Mega Pipeline Building Databricks – AI-driven data analytics platform, $62 billion valuation.

Payments 184
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The Early Days: How Deel Went From $1m to $100m ARR in Just 20 Months

SaaStr

👉 10 Things Deel Did to Get from $1M to $100M ARR in 20 Months Deel recently announced it had crossed $1 billion in ARR, joining the exclusive club of B2B companies that have reached true unicorn revenue status. I dream about clients telling me, ‘Hey, I did not receive my payment today. But how did they actually get there?

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AI is On Fire. But Will There Be Enough Decacorn Exits?

SaaStr

The Math Behind the Bottleneck Stanford’s data provides the clearest picture yet of the unicorn exit landscape. They’re not just growing revenue—they’re building sustainable competitive moats. 306 have exited at $1-2 Billion. Only 33 at $10B … so far. billion, accounting for 57.9% of all VC-backed funding.

AI Search 261
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Navan Files for IPO: The Opening of B2B IPO Floodgates?

SaaStr

Every IPO other than Sailpoint is trading up, and we’ve got a jolt of momentum here for the first time since … well … 2021. When COVID-19 decimated business travel in 2020, Navan could have become another casualty. Instead, the company pivoted aggressively into expense management and payments, expanding beyond its travel roots. .

B2B 187