Remove 2022 Remove Business Model Remove Churn Remove cloud efficiency
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5 Interesting Learnings from MongoDB at $1.5 Billion in ARR

SaaStr

That’s about as good as it gets in SaaS and Cloud! 2022 Saw a Slowdown in Usage Growth, But 2023 Saw a Potential Bounce Back. But those accounts grow dramatically over time, and don’t really churn. And here you can see the magic in Mongo’s business model. Efficiency is a complicated metric.

Scale 194
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MongoDB at $1.5B in Revenue — An Epic Growth Story

SaaStr

1 — 2022 Saw A Slowdown In Usage Growth, But 2023 Saw A Potential Bounce Back. Even with MongoDB’s epic growth, 2022 saw a big slowdown in usage growth. Folks pulled usage down as much as they could to save money, although logo churn remained low. Here you can see the magic in MongoDB’s business model.

Revenue 209