growthunhinged.com · 2022-10-19
· 1324d
Your guide to PLG + enterprise: How Similarweb built a $190M growth engine with product-led growth
Similarweb demonstrates how product-led growth (PLG) can successfully scale to enterprise customers, achieving $190M revenue run rate with 115% net dollar retention rate. The article explores how PLG strategies like ungated free tools and inbound funnels can drive enterprise adoption while maintaining strong unit economics. The piece includes practical guidance on product-led onboarding and combines case studies from Similarweb and Supermetrics to illustrate PLG effectiveness at scale.
Metrics in this report
Annual Revenue Growth Rate
46.0percent
Similarweb YoY growth Q2 2021 to Q2 2022
Enterprise Revenue Concentration
53.0percent
Similarweb; percentage of revenue from $100k+ annual contract value customers
IPO Valuation
1.6billion USD
Similarweb May 2021 IPO pricing
Net Dollar Retention Rate
115.0percent
best-in-class
Similarweb Q2 2022; PLG-driven SaaS companies with enterprise customers