They are, in other words, exactly the type of SaaS startup that you should look for when deciding where to invest.
And, as their high Quick Ratio implies, they have a great chance to continue growing quickly and healthfully, and eventually become one of those fabled SaaS companies with a run rate of more than $10 million.
InsightSquaredHow Often Should The Pricing Committee Be Meeting And Making Changes?
The 2015 median revenue growth rate was 44%, while the median projected growth rate for 2016 is 48%
Internet Sales strategies have a significantly lower CAC of just $0.42
36% of SaaS businesses managed to reduce their revenue churn over the last 12-months
Cloud-hosted applications have a 99% uptime
Less than 20% of new revenue came from existing customers in the form of up-sell and expansion sales
56% treat “Existing Customer Renewals” as high priority
The fastest growing SaaS companies raise an average of $9.5M in Series A funding
Publicly-traded SaaS companies have an average Revenue Per Employee of $200,000