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MNTN and Hinge Health IPOs: No, You Don’t Need $500m ARR to IPO. But You Do Need ~50%+ Growth

SaaStr

Both big revenues, but somewhat smaller than the last group of Rubrik + Klaviyo that were bigger. These tend to have high switching costs and very durable recurring revenue models. Hinge Health uses software to help patients treat acute musculoskeletal injuries , chronic pain and carry out post-surgery rehabilitation remotel.

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5 Interesting Learnings from Rubrik at $920,000,000 in ARR

SaaStr

Note: Rubrik’s ARR and growth numbers remain a bit confusing as it transitions 100% to SaaS-based revenue). The demand for cybersecurity products that work remains unbowed! 114 $1m+ ARR Customers Cybersecurity often swings big here. 32% of Revenue From Outside U.S. Go global folks as early as practical!

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Vista: Across $24 Billion in ARR, We’re Not Seeing a Broad Slowdown. But There Are Pockets.

SaaStr

“So we're seeing some slowdown in certain sectors and, frankly, acceleration in others, things like low-code, no-code environments, productivity, cybersecurity to protect the enterprise …. Some sectors aren’t seeing any slowdown, like cybersecurity, productivity and “no code” This is also what I’m seeing.

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Top 10 Unexpected Learnings from Scaling Wiz From $0 to The First $100M ARR with founding CRO Colin Jones and Sam Blond

SaaStr

It’s an incredible look back on scaling and more: Colin Jones, first Chief Revenue Officer at Wiz. Colin joined Wiz in February 2021 when the company was near zero revenue. Calendar density became both a lagging indicator of market interest and a leading indicator of potential revenue bottlenecks.

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Thanks to A-LIGN, Ada, Appcues, Duda, and Maxio for Sponsoring SaaStr Annual 2022!

SaaStr

Ada is the brand interaction platform that helps you purposefully automate conversations with each customer and employee, saving costs and growing revenue without betraying the brand you promised to be. With our platforms, SaaS companies can manage any subscription model, calculate revenue, and generate custom reports that investors love.

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5 Interesting Learnings from SentinelOne at $500,000,000 in ARR

SaaStr

Yes, cybersecurity remains hot, even in these more challenging times. And for the very best in cybersecurity? International revenue is 36% of total, growing 124% a year. Getting More Efficient, But Still Spending 73% of Revenues on Sales & Marketing. 90%+ of Revenue from Channel Partners.

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Thanks to A-LIGN, Captivate Talent, Mozart Data, Mutiny, and Subskribe for Sponsoring SaaStr Annual 2023!

SaaStr

A-LIGN is a technology-enabled security and compliance partner that helps global organizations take a strategic approach to confidently mitigate cybersecurity risks. Captivate Talent connects revenue talent with disruptive SaaS companies. Subskribe is the adaptive CPQ, billing, and revenue platform for modern SaaS companies.