So Capchase surveyed 900 SaaS businesses between $1m and $15m ARR, and their data showed what I’ve seen as well: it’s tougher out there,and media growth is down. But — the best are growing as fast as they always have:
Of the 900 surveyed, the median was tougher growth — 39% at $10m ARR, which is still fast enough for sure to get to a strong nine-figure exit, but not fast enough to attract venture capital. And the median at $1m ARR was “just” 60% annual growth.
But the top performers in 2023 are doing just about as well as any other year. The top performers are still tripling at $1m-$2m and doubling at $10m ARR (Triple, Triple, Double, Double). And the very best are growing even faster.
This just makes sense. If you are truly disrupting a large category, you’ll grow quickly. Good years and bad.
In any event, good data above to be honest about where you stack up.
You can download the full report here:
