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How The Top 25 B2B Public Companies Have Performed In 2025 So Far — And What They Tell Us About the Future

SaaStr

Veeva (+18.5%) ZoomInfo (+7.4%) Veeva continues to prove the vertical SaaS thesis: Deep pharma/life sciences expertise Regulatory compliance built-in Switching costs approaching infinity AI integration that actually matters The lesson : Horizontal is commoditized. The market is getting smarter about AI washing vs. real AI business models.

B2B 233
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The Great IPO Awakening: What 2025’s Surprisingly Hot Market Means for B2B Companies

SaaStr

Learning #3: Security/Compliance Isn’t a Sure Thing SailPoint’s negative returns remind us that even “essential” categories like identity management can struggle if execution falters or competition intensifies. at $47-55 range, priced at $40 Current Performance : +250.4%

B2B 180