So how much has SaaS growth slowed? We looked at the YOY data of every SaaS company that has IPO’d since October 2017 (64 companies). The data is below and shows a material slowdown. YOY growth in Q1 2022 was 36% and as of Q4 2022 it sits at 27%. Revenue is still growing, but overall everyone is feeling it. Out of the 64 companies, only 11 of them have faster YOY growth in Q4 than they did in Q1.
Sammy is the Managing Partner and Co-Founder of Blossom Street Ventures. Visit us at blossomstreetventures.com and email directly at email@example.com. We invest in companies with run rate revenue of $3mm to $30mm, with year over year growth of 20% to 100%+ depending on revenue. We lead or follow in growth rounds and special situations like inside rounds, small rounds, rushed rounds, corralling investors with our term sheet, cap table clean up, and extensions. We can commit in 3 weeks and our check is $1mm to $4mm. Also visit https://blossomstreetventures.com/metrics/ for always up-to-date SaaS metrics.