Heading

2024 ($mm's)Ticker2024 Revenue2023 Revenue2022 Revenue2024 R&D Spend2023 R&D Spend2022 R&D Spend2024 R&D % of Rev2023 R&D % of Rev2022 R&D % of Rev2024 YOY Growth
Mongo DBMDB$2,006$1,683$1,284$596$515$42130%31%33%19%
DropboxDBX$2,548$2,501$2,324$915$936$89136%37%38%2%
ZuoraZUO$431$431$396$108$108$10225%25%26%0%
DocusignDOCU$2,977$2,761$2,515$588$539$48020%20%19%8%
SmartSheetSMAR---$958$766---$234$215---24%28%---
ZscalerZS$2,167$1,616$1,090$499$349$28923%22%27%34%
MomentivMNTV------------------------------
PagerDutyPD$467$430$370$141$139$13430%32%36%9%
Zoom VideoZM$4,665$4,527$4,392$852$803$77418%18%18%3%
FastlyFSLY$544$505$432$138$152$15525%30%36%8%
CrowdstrikeCRWD$3,953$3,055$2,241$1,076$768$60827%25%27%29%
DynaTraceDT$1,430$1,430$1,158$304$304$21821%21%19%0%
Health CatalystHCAT$307$295$276$58$72$7519%24%27%4%
Ping IdentityPING------------------------------
DataDogDDOG$2,684$2,128$1,675$1,153$962$75243%45%45%26%
CloudflareNET$1,670$1,296$975$421$358$29825%28%31%29%
Sprout SocialSPT$406$333$253$103$79$6125%24%24%22%
Bill.comBILL$1,290$1,058$641$336$314$21926%30%34%22%
ZoominfoZI$1,214$1,240$1,098$196$190$20516%15%19%-2%
SnowflakeSNOW$3,626$2,806$2,066$1,783$1,288$78849%46%38%29%
Unity SoftwareU$1,813$2,187$1,391$925$1,054$95951%48%69%-17%
Sumo LogicSUMO------$300------$104------35%---
JfrogFROG$428$350$280$161$135$12138%38%43%22%
PalantirPLTR$2,866$2,225$1,906$508$405$36018%18%19%29%
AsanaASAN$723$653$547$341$325$29747%50%54%11%
DattoMSP------------------------------
PubMaticPUBM$291$267$256$33$27$2111%10%8%9%
C3.aiAI$310$267$253$201$211$15165%79%60%16%
CertaraCERT$385$354$336$37$34$2810%10%8%9%
QualtricsXM------$1,458------$427------29%---
ON24ONTF$148$164$191$36$41$4424%25%23%-10%
ViantDSP$289$223$197$23$25$218%11%11%30%
OloOLO$285$228$185$68$74$7424%32%40%25%
DigitalOceanDOCN$780$693$576$142$140$14418%20%25%13%
SEMrushSEMR$377$308$254$80$57$4121%19%16%22%
UiPathPATH$1,429$1,308$1,059$380$332$28627%25%27%9%
AlkamiALKT$334$265$204$96$85$6929%32%34%26%
DoubleVerifyDV$656$573$452$153$125$9523%22%21%15%
SquareSpaceSQSP---$1,012$867---$242$227---24%26%---
ZipRecruiterZIP$474$646$905$135$142$12828%22%14%-27%
ProcorePCOR$1,152$950$720$313$301$27127%32%38%21%
SprinklrCXM$796$732$618$92$91$7712%12%12%9%
Zeta GlobalZETA$1,006$729$591$91$74$699%10%12%38%
DoximityDOCS$475$475$419$82$82$8017%17%19%0%
ConfluentCFLT$963$777$586$421$349$26444%45%45%24%
SentinelOneS$821$621$422$267$218$20733%35%49%32%
EverCommerceEVCM$698$675$621$80$76$7211%11%12%3%
CouchbaseBASE$209$180$155$71$64$5834%36%37%16%
KalturaKLTR$179$175$169$49$52$5728%30%34%2%
Blend LabsBLND$162$157$235$46$82$13828%52%59%3%
MeridianLinkMLNK$316$304$288$39$48$4312%16%15%4%
Powerschool HoldingsPWSC---$698$631---$106$107---15%17%---
Fresh WorksFRSH$720$596$498$165$138$13623%23%27%21%
Definitive HealthcareDH$252$251$223$37$42$3515%17%16%0%
ForgeRockFORG------$217------$61------28%---
AmplitudeAMPL$299$276$238$98$90$8133%33%34%8%
GitlabGTLB$759$580$424$239$201$15631%35%37%31%
EnfusionENFN$201$175$150$27$20$1713%11%11%15%
avidxchangeAVDX$439$381$316$101$98$8423%26%27%15%
InformaticaINFA$1,640$1,595$1,505$315$335$31919%21%21%3%
BackBlazeBLZE$128$102$85$42$40$3333%39%39%25%
ExpensifyEXFY$139$151$169$25$23$1418%15%8%-8%
WeaveWEAV$204$170$142$40$34$3120%20%22%20%
BrazeBRZE$593$471$355$134$119$9723%25%27%26%
UserTestingUSER------------------------------
HashicorpHCP---$583$476---$223$195---38%41%---
SamsaraIOT$1,249$937$653$299$259$18724%28%29%33%
KlaviyoKVYO$937$698$473$238$262$10425%38%22%34%
RubrikRBRK$886$627$599$531$206$17560%33%29%41%
WaystarWAY$944$791---$49$35---5%4%---19%
OnestreamOS$489$375---$157$55---32%15%---30%
ServiceTitanTTAN$772$614---$263$204---34%33%---26%
ALL MEDIAN$698$614$473$142$139$13425%25%27%16%
ALL AVERAGE$1,007$871$732$277$238$20726%27%29%15%
Profitable
MEDIAN$698$698$631$101$125$10718%17%18%9%
AVERAGE$1,191$1,139$1,032$258$225$21618%17%18%9%
Not Profitable
MEDIAN$657$505$428$163$177$13727%31%29%22%
AVERAGE$895$689$641$288$233$20431%32%32%19%