18 observations · 5 reports · 3 publishers
Burn Multiple.
Every Burn Multiple observation from our practitioner benchmark corpus. Latest: Jurassic (2025).
Observations
18
Reports
5
Publishers
3
Latest
Jurassic
2025-08-26
2025-08-26
1.1x multiple
drive.google.com
2024
top-quartile
$1-5M ARR stage
Scaling SaaS from $1 to $20M: Building Strong Foundations in the Early Stages →
$1-5M ARR stage
Scaling SaaS from $1 to $20M: Building Strong Foundations in the Early Stages →
1.1x multiple
drive.google.com
2024
top-quartile
$5-10M ARR stage
Scaling SaaS from $1 to $20M: Building Strong Foundations in the Early Stages →
$5-10M ARR stage
Scaling SaaS from $1 to $20M: Building Strong Foundations in the Early Stages →
0.8x multiple
drive.google.com
2024
top-quartile
$10-15M ARR stage
Scaling SaaS from $1 to $20M: Building Strong Foundations in the Early Stages →
$10-15M ARR stage
Scaling SaaS from $1 to $20M: Building Strong Foundations in the Early Stages →
1.0x multiple
drive.google.com
2024
top-quartile
$15-20M ARR stage
Scaling SaaS from $1 to $20M: Building Strong Foundations in the Early Stages →
$15-20M ARR stage
Scaling SaaS from $1 to $20M: Building Strong Foundations in the Early Stages →
2.3-2.5x multiple
drive.google.com
2024
median
$1-5M ARR stage
Scaling SaaS from $1 to $20M: Building Strong Foundations in the Early Stages →
$1-5M ARR stage
Scaling SaaS from $1 to $20M: Building Strong Foundations in the Early Stages →
2.2-2.4x multiple
drive.google.com
2024
median
$5-10M ARR stage
Scaling SaaS from $1 to $20M: Building Strong Foundations in the Early Stages →
$5-10M ARR stage
Scaling SaaS from $1 to $20M: Building Strong Foundations in the Early Stages →
1.9-2.1x multiple
drive.google.com
2024
median
$10-15M ARR stage
Scaling SaaS from $1 to $20M: Building Strong Foundations in the Early Stages →
$10-15M ARR stage
Scaling SaaS from $1 to $20M: Building Strong Foundations in the Early Stages →
1.8-2.0x multiple
drive.google.com
2024
median
$15-20M ARR stage
Scaling SaaS from $1 to $20M: Building Strong Foundations in the Early Stages →
$15-20M ARR stage
Scaling SaaS from $1 to $20M: Building Strong Foundations in the Early Stages →
Under 1x ratio
OnlyCFO
2024
best-in-class
SaaS company efficiency benchmarking
Airplane's Acquihire by Airtable: Lessons on Startup Failure, Burn Multiples, and Buyer Risk →
SaaS company efficiency benchmarking
Airplane's Acquihire by Airtable: Lessons on Startup Failure, Burn Multiples, and Buyer Risk →
1.0 - 1.5x ratio
OnlyCFO
2024
target
SaaS company efficiency benchmarking
Airplane's Acquihire by Airtable: Lessons on Startup Failure, Burn Multiples, and Buyer Risk →
SaaS company efficiency benchmarking
Airplane's Acquihire by Airtable: Lessons on Startup Failure, Burn Multiples, and Buyer Risk →
1.5 - 2x ratio
OnlyCFO
2024
acceptable
SaaS company efficiency benchmarking
Airplane's Acquihire by Airtable: Lessons on Startup Failure, Burn Multiples, and Buyer Risk →
SaaS company efficiency benchmarking
Airplane's Acquihire by Airtable: Lessons on Startup Failure, Burn Multiples, and Buyer Risk →
2 - 3x ratio
OnlyCFO
2024
suspect
SaaS company efficiency benchmarking
Airplane's Acquihire by Airtable: Lessons on Startup Failure, Burn Multiples, and Buyer Risk →
SaaS company efficiency benchmarking
Airplane's Acquihire by Airtable: Lessons on Startup Failure, Burn Multiples, and Buyer Risk →
Over 3x ratio
OnlyCFO
2024
minimum
SaaS company classified as 'Bad' efficiency; capital-raising difficulty expected
Airplane's Acquihire by Airtable: Lessons on Startup Failure, Burn Multiples, and Buyer Risk →
SaaS company classified as 'Bad' efficiency; capital-raising difficulty expected
Airplane's Acquihire by Airtable: Lessons on Startup Failure, Burn Multiples, and Buyer Risk →
7.40 dollars
OnlyCFO
2023
Domo total cash burned ($740M) divided by ARR at IPO ($100M)
Domo: Cautionary Tale of Hype & Inefficiency →
Domo: Cautionary Tale of Hype & Inefficiency →
2.3x multiple
OnlyCFO
2023
median
VC-backed SaaS companies at $1-$5M ARR (early-stage, non-profitable)
Lies of Customer Lifetime Value →
VC-backed SaaS companies at $1-$5M ARR (early-stage, non-profitable)
Lies of Customer Lifetime Value →
1.4x multiple
OnlyCFO
2023
1.0x multiple
OnlyCFO
2023