Meritech: The Average SaaS Company IPO’s at $225m in ARR. And is No Longer in the Bay Area.
JANUARY 13, 2022
The late-stage VC firm Meritech put together its annual SaaS report here and it slices the data in a few interesting ways. A few tidbits of particular interest: 1. The average SaaS company hits $225m ARR at IPO. This was about what I expected, but I hadn’t crunched the numbers myself.