MongoDB at $1.5B in Revenue — An Epic Growth Story
SaaStr
JULY 24, 2023
While many less efficient public SaaS companies are trading at tough multiples of 3-4x ARR, and the average is about 6x ARR, MongoDB is almost 20x ARR. Let’s look at nine interesting learnings about this leading company. #1 1 — 2022 Saw A Slowdown In Usage Growth, But 2023 Saw A Potential Bounce Back. You don’t want to break it.
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