Series A SaaS Benchmarks: Growth Metrics, Valuation Trends, and 2016 Market Outlook
Analysis of 50+ fastest-growing Series A SaaS companies reveals significant shifts in fundraising patterns, with average MRR at Series A rising 80% annually to $163k by early 2016, while average round sizes grew 11% annually to $9.5M. The analysis identifies three major 2016 themes: valuation pressure from public market repricing, renewed focus on unit economics over growth-at-all-costs, and anticipated M&A acceleration.
Metrics in this report
80%
mean
Year-over-year increase 2014-2016
11%
mean
Year-over-year increase
2%
less than
Current market composition
400,000,000,000$
mean
Large corporations
66%
mean
Survey by First Round
15-20%
range
Across all stages
5xmultiplier
mean
Cumulative increase
27%
mean
Pre-commercialization at fundraising
2xmultiplier
mean
Cumulative increase
50,000$
mean
At time of Series A closing
163,000$
mean
At time of Series A closing
9,500,000$
mean
Exceptional SaaS companies
3,000,000$
min
Exceptional SaaS companies
20,000,000$
max
Exceptional SaaS companies
3xmultiplier
mean
Cumulative increase
93,000$
mean
Exceptional Series A SaaS companies after first year
10,000$
mean
Exceptional Series A SaaS companies at commercialization
413,000$
mean
Exceptional Series A SaaS companies after second year