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5 Interesting Learnings from MongoDB at $1.5 Billion in ARR

SaaStr

High NRR is magical, but NRR as a metric isn’t a GAAP metric. And here you can see the magic in Mongo’s business model. Still, they waited, and they have one of the highest public multiples in SaaS and Cloud. Efficiency is a complicated metric. But you know what isn’t?

Scale 199
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MongoDB at $1.5B in Revenue — An Epic Growth Story

SaaStr

High NRR is magical, but NRR as a metric isn’t a GAAP metric. Here you can see the magic in MongoDB’s business model. Everyone got about 15-20% more efficient, and everyone had to do 15-20% more work. MongoDB has one of the highest public multiples in SaaS and Cloud. But you know what isn’t? Revenue growth.

Revenue 214