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.

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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