As with unit churn, companies with longer contracts (2+ years) tend to report lower annual dollar churn. Companies with shorter contracts (under 2 years) saw increased dollar churn compared to last year; contracts 2 years or longer were relatively consistent with prior survey results.
By definition, non-renewal rates are higher than gross dollar churn rates. However, it is interesting to see that the non-renewal rates are also higher for shorter duration contracts.
For Entrepreneurs.comGrowth rate accelerates in the expansion stage ($2.5M – $10M ARR)
Publicly-traded SaaS companies have an average Revenue Per Employee of $200,000
For SaaS companies valued at over $1billion, the median amount of financing raised is $206million
At Facebook, 15 percent of tech roles are staffed by women
The statistic shows the worldwide IT spending on enterprise software from 2009 to 2020.