2024 Theory Ventures Go-to-Market Survey: Optimism Rises Amid Changing Market Dynamics
The 2024 Theory Ventures Go-to-Market Survey reveals rising founder optimism despite economic headwinds, with founders expecting stable fundraising valuations and Series A rounds increasing 40% over four years. Key findings show sales cycles lengthening by 13%, sales quotas rising 14% year-over-year, and lead conversion rates improving 9%, while 73% of companies report AI adoption in sales and marketing without yet seeing statistically significant productivity gains.
Metrics in this report
73percent
average
Survey respondents deploying AI tools
550basis_points
total
Rate increases since 2020, impact on cost of capital
6.7score
average
2024 SaaS founders, compared to 6.1 in 2022
25-75percent
range
Perceived vs. actual productivity improvement gap
13percent
average
Year-over-year increase in SaaS GTM
9percent
average
Typical company improvement in lead conversion
14percent
average
Year-over-year quota growth vs. 3.4% inflation
40percent
average
4-year change from 2020 to 2024