This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
But that was down from the original target of $20 Billion, the size of their 2022 fund (raised at the peak in 2021). Theyre still in, just not at the level of 2022. Billion To Invest in More B2B Companies appeared first on SaaStr. Some LPs re-upped (good) but at lower levels (stress). That leads to stress.
An analysis of their investment patterns since 2020 doesn’t just reveal the accelerator’s strategy—it provides a map to the entire startup ecosystem’s next chapter. Crypto/web3 remains around 5% of investments. The 2022 spike followed the Coinbase IPO in 2021.
Instead of late-stage opportunities, they’ll be focusing on early-stage venture in 2022. PitchBook surmises non-traditional VC (aka hot money) comprises 78% of venture dollars invested in 2021. The surge of hedge fund capital into Series C-E investing boosted median pre-money valuations 150% in 2021. But by how much?
The 2021 and 2022 cohorts maintain 31% and 22% CAGRs respectively, showing sustainable expansion patterns across multiple vintage years. The 2020 cohort achieved a 46% compound annual growth rate from initial purchase through March 2025—meaning customers don’t just stick around, they consistently expand their usage year after year.
Speaker: Carlos Gonzalez de Villaumbrosia, Founder and CEO of The Product School
Why your organization should continuously invest in product training. Top trends to look out for in 2022 and beyond. March 23, 2022 at 11:00 am PDT, 2:00 pm EDT, 6:00 pm BST. How these trends are influencing the future of Product Management. This is an exclusive session that you won't want to miss!
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. The SaaStr Fund Thesis: Mobile Subscriptions Will Explode.
From 2020-2022, the top 20 deals were just 6%-8% of all VC capital. Massive investments, at massive valuations, into the biggest leaders of AI. In 2024, 31% of all VC capital went into just 20 deals. Now there’s a lot going on here and part of the rush in 2024 and 2025 is that more capital is coming into VC again.
3 Came from the Investment Bank They Hired. In my experience, hiring an investment bank to help you in any acquisition > $100m or so is critical. They got several offers in 2021, then a pause in 2022, and the offers came back in 2023. They Ran a Crisp, Tight Process And Got 4 Offers to Buy Them. It was a total reboot.
The survey reveals we’re returning to “pre-pandemic levels”, we’re normalizing after the artificial highs of 2021-2022. The takeaway: Stop chasing the unsustainable growth rates of 2021-2022. But here’s what most people are missing: This isn’t necessarily bad news.
Speaker: Sneha Narahalli - VP, Head of Product at Sephora
At least 3,000 start-ups receive seed investment each year. October 25th, 2022 at 12:30 pm PT, 3:30 pm ET, 8:30 pm BST. Only 20% of these companies attain product market fit, despite years of excruciating effort by founders, early employees, and investors. The first and most important step in product development is finding PMF.
Others will have to accept much lower returns, at least for folks that invested in 2020-early 2022. It’s just time. OneStream was arguably one of these, and PE made a big gain on the IPO. Genesys may be the first of a flood of these PE-backed SaaS IPOs in 2025. It just filed to IPO.
The Investment Story Syllable has raised $103M total funding, including a $40M Series C led by TCV, with backing from Oak HC/FT, Section32, and Verily. Recognized as CB Insights’ most promising startup in healthcare for 2022, picked as a leader from a pool of 7,000 companies. Who Should Evaluate Syllable.ai
This includes even the fastest growing start-ups I’ve invested in , not just ones that are trying to manage the burn or manage slower growth. You can’t cut your way to growth, and many SaaS buyers already cut back plenty of vendors in 2022-2024. I thought we’d be kind of through this. They feel like they have to.
marked the upside case for most VC software and infrastructure investment memos. 2022 Return Multiple by Round. The silver lining: the median public software company in 2022 is three times as valuable as in 2015, which suggests valuations should settle higher than that era. From 2007 to 2016, $1.5b 2015 Return Multiple by Round.
Investments I've made that didn't work out: – Momentum investment – CEO a bit of bulls**t artist – CEO good at sales but weak product team / CTO. Investments I've made that had so-so outcomes: – CEO not better than me – CEO couldn't control burn rate – Not really SaaS.
at the height of 2022 to 6.7. It’s now falling to 150 because 81% percent of the dollars invested in venture capital at the height of the boom came from non-traditional venture capital firms which are all very likely to leave investing. Here’s what they found. #1: US venture funding went from 8 to 300 over 15 years.
Returning for its 3rd year, hundreds of VCs will attend SaaStr Europa who are actively looking for new investments and on the hunt for soon-to-be Unicorns to add to their portfolios. From the Founding Partners, Managing Directors, and big-name global SaaS VCs — everyone who invests in SaaS has a presence at SaaStr Europa.
to the firms that send over a dozen of their Partners and Associates — everyone who invests in SaaS has a presence at SaaStr Annual. And make sure you have your team’s tickets to SaaStr Annual 2022 — you can’t meet the VCs if tickets sell out before you’ve purchased them! Megeve Investments.
Invest in capabilities that seem over-engineered today but might be essential tomorrow. Zoom went from relatively modest pre-pandemic growth to explosive 400%+ revenue increases in 2020-2021, then crashed back to single-digit growth by 2022. s : Build platforms, not features. Growth has since fallen to single digits. a loss in 2023).
.” The SaaS Market Has Turned a Corner According to Brian, who sees the market through multiple lenses as HubSpot’s Chairman and through his role at Sequoia Growth and Propeller VC, the SaaS downturn that dominated 2022-2023 ended recently. “It felt like we came out of the recession in Q3 of 2024,” Brian noted.
Seed funding seems to be all over the place, with many seed investors investing the same as before. But later stage investing has clearly changed. The post Are You Fundable in 2022? The change is still being figured out. YC demo day will still as hot as ever. If nothing else, every round > $10m has changed.
Gross contributed his expertise in early-stage investing and startup acceleration from his tenure at Y Combinator, where he helped identify and nurture some of the accelerator’s most successful companies. This strategic focus proved prescient as the fund launched just as the generative AI boom was beginning to reshape entire industries.
Here are my predictions for 2022: Web3 consumer products go fully mainstream with more than 35% of Americans, about 100m people, engaging with them by 2023. VCs invested $10b per year. Every year I make a list of predictions and score last year’s predictions. Metamask counts 10m MAU and Phantom is at 1.5m MAU growing quickly.
While Figma is investing heavily in AI, the technology lowers the barrier for new entrants. multiple to estimate forward revenue yields an estimated IPO valuation of approximately $21B 2 - a premium to the $20B Adobe offered for the company in 2022. Adobe’s blended bottoms-up & sales-led model yields a more typical 0.39.
Dear SaaStr: What Percentage of Total Incoming Deals Do VCs Invest In? — Ann Bordetsky (@annbordetsky) November 7, 2022. A seed stage fund meeting a Series B investment opportunity is a waste of time. — Sarah Cone (@sarah_cone) November 7, 2022. Right here, right now? Deals seen per month?
Referrals are Chime’s largest acquisition driver since 2022 , helping bring sales & marketing spend down to 26% of revenue in Q1 2025, from 42% in 2022. And a good comp for Ramp, Brex, and others. 5 Interesting Leanings: #1. Word-of-Mouth is Their #1 Source of New Customers.
It’s the emergence of a new category that’s attracting billions in investment and fundamentally disrupting the $500B+ software development market. For seven years, growth was painfully slow: 2016-2021 : Minimal revenue, limited funding first years 2022 : $1M ARR (after 6 years!) 2023 : $2.4M
Venture capitalists have continued to invest at similar prices & similar round sizes in the most sought after companies. 220b in dry powder (dollars VCs have raised but not yet invested) will buoy valuations higher than expected. But round volumes have fallen by at least 20% & likely much more. Publics are down 70%.
What I do know is many of the billion+ SaaS companies I invested in a decade ago would not be remotely competitive today. And a related SaaStr great deep dive with Parker Conrad, founder CEO of Rippling, here: The post The SaaS Era of 2013-2022 is Over. And that’s how it should be. Software, innovation and time marches on.
The Infrastructure Bypass Midmarket software companies are caught in a “pressure cooker” with fast-moving AI startups developing applications far more rapidly than traditional software companies on one side, and tech giants investing billions in proprietary AI tools on the other. Palantir was ready.
Dear SaaStr: Should I Tell VCs How Much I Want Them to Invest? Don’t ask an investor for more money than they will invest, if you’d take less. A related post here : And a great deep-dive AMA from yesterday on getting funded in 2022 here, where we talk about this question and so much more: (note: an updated SaaStr Classic answer).
We’re 15 days away from SaaStr Annual 2022, and we are excited to feature hundreds of speakers, sharing their knowledge and experience with you! Scaling Revenue in 2022: What’s the Same and What’s Different? The post 15 Most Popular SaaStr Annual 2022 Sessions (So Far!). GET 20% OFF! See You Sep 13-15!!
We wanted to give a special shout-out to some of our newest sponsors for SaaStr Annual 2022. We are passionate about helping businesses and communities thrive by advancing the way the world pays, banks and invests, serving more than 20,000 clients and more than one million merchant locations in over 130 countries.
I wrote down five data points that struck me: Q1 2022 was the most active quarter ever in Angellist history, and likely venture history. 100m post is consistent with what I’ve seen in the market for the most sought-after investments. Web3 is a term that will disappear like web2 and mobile investing before it.
2022 — the year we’re now in the New Normal. Invest (more) in training and onboarding. Invest heavily in training your reps. Invest in optimizing lead routing, scoring and managemen t. The post 15 Ways to Help Your Sales Team in 2022 appeared first on SaaStr. Do the opposite. Have sane quotas.
Since then, investing activity dropped precipitously. 1] 2021 & 2022 surged above prediction, while 2023 has operated meaningfully below - sometimes 50% below. The post-Covid surge in venture capital pushed valuations & activity to record breaking heights. By building a linear model we can hazard a guess of when that might be.
revenue, ~$1B total funding 2021: $34M revenue, ~$3B total funding 2022: $200M revenue, ~$3B total funding 2023: $2.2B Phase 2: The Inflection Point (2022-2023) Funding Strategy : Scale infrastructure ahead of demand Revenue Strategy : Freemium land grab with ChatGPT This is where the magic happened. ChatGPT launches in November 2022.
The fastest growing category of US venture investment in 2024 is AI. Venture capitalists have invested $18.3 But after the launch of ChatGPT in 2022, there’s a marked inflection point. Some of this is new company formation, & there has been a significant amount of seed investment in this category.
1/ From "Limited Partners", the ones that give VCs $ to invest. — Jason BeKind Lemkin 2⃣0⃣2⃣2⃣ (@jasonlk) January 14, 2022. Very well for top Limited Partners (“LPs”), the folks that invest in VC funds, and give them the capital to invest in startups.
” The Timing : Founded in early 2019, Series A in May 2020 (two months after pandemic lockdowns), $100M ARR by March 2022. ” The Results : This single decision drove them from $50M ARR in December 2021 to $100M ARR by Q1 2022—doubling ARR in just 3 months. We test all of them with very light investment, very simple models.
jasonlk) June 9, 2022. It depends most on the stage, and the latest stage VCs are the most frozen: * Cross-over and Hedge Funds have redemptions to deal with, struggle to justify almost any unicorn+ stage investments. later stage) investing has fallen 40% this year , but it’s probably more than that. More on that here. *
SaaS Founder and CEO Jason Lemkin and Atrium Founder and CRO Pete Kazanjy sit down to discuss the state of investing in 2023 and what founders should keep in mind for the year ahead. . Since 2016, he prefers to make about three or four investments per year, usually within the $1 – $4 million range. . The Backstory.
— Jason Be Kind Lemkin (@jasonlk) December 30, 2022. But I would tell every startup I invested in or worked with to move onto Salesforce — at least once they hire a real VP of Sales. The final aha moment I had was at SaaStr Annual 2022. But maybe someday, they … won’t anymore. That in fact, they saw no reason to leave.
We organize all of the trending information in your field so you don't have to. Join 80,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content