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The 250,000 Customer Club: How HubSpot and Monday.com Both Created SMB+ Empires

SaaStr

Both started SMB (Monday even more so), and Both have now gone more enterprise (Monday even more) But still with the vast majority of their customers SMB. Convergent evolution from 2 very different start-ups that now have many similarities at scale. Let’s look at where both companies stand today: HubSpot ARR : $2.7B

SMB 268
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Scaling 6 Products to $100M+ ARR Each: Samsara’s CPO Kiren Sekar on Multi-Product Growth

SaaStr

Samsara was intentionally multi-product from the earliest days, and they carefully planned out scaling 5+ products to $100M+ ARR. At Samsara, they formalized this with practices like “Transportation Tuesdays” where 20% of sales capacity focused on transportation verticals.

Scale 263
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5 Interesting Learnings from Klaviyo at Almost $1 Billion in ARR

SaaStr

Klaviyo dominates marketing in the Shopify ecosystem and in ecommerce, and just keeps on scaling. 110% NRR from 157,000 SMBs Yes, it can be done, 110% NRR from SMBs. .” 110% NRR from 157,000 SMBs Yes, it can be done, 110% NRR from SMBs. SMB Weaker. It was the only SaaS IPO on 2023. The only one!

Scale 306
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Dear SaaStr: What Are Some Successful SaaS Leaders Without Sales Teams?

SaaStr

Dear SaaStr: What Are Some Successful SaaS Leaders Without Sales Teams? Many that are self-serve and SMB-focused can start off without a sales team … for a while. But almost none stay without a sales team … forever. Yes, Atlassian since well past its IPO had almost no direct sales team. Maybe on Day 0.

Scale 279
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Dear SaaStr: How Should I Specialize My Sales Team?

SaaStr

Dear SaaStr: How Should I Specialize My Sales Team? One thing is clear: most founders and VPs of Sales and CROs look back and wish they’d specialized their sales team earlier. And not have everyone work in a round-robin or similar format on all the leads, just split across their reps.

Scale 165
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5 Interesting Learnings from RingCentral at $2.43 Billion in ARR

SaaStr

Even With a Big Enterprise Push for Years, 60% of Revenue Still From Mid-Market and SMB RingCentral closed 20 $1M+ TCV deals last quarter. But even as they push more and more into the enterprise, the SMBs still are buying. A reminder to not stay too reliant on direct sales as you scale. Either way — ouch.

Scale 289
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The Best of Scaling Vertical SaaS: 3 Deep Dives with The CROs of Slice, Owner and Mangomint

SaaStr

We’ll hear from the CRO of $3B Clio (legal SaaS), the CEO and CRO of Flock Safety (police and safety SaaS), and dozens of others on how to scale their vertical SaaS industries and platforms. It takes getting out in the field, and creating a ton of true value — before the sale. #2. See you there! How Kyle does it here: #3.

Scale 189