Remove 2022 Remove Churn Remove cloud efficiency Remove Sales
article thumbnail

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. But it leans in big with a sales-driven motion of big customers as their accounts scale. #7. A Very Good Sign.

Scale 197
article thumbnail

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. And the truth is, it hasn’t been very efficient for Mongo until recently.

Revenue 211