2021 Private SaaS Company Growth Rates
Great data for smaller SaaS companies — $1M to $20M+
SaaS Capital finances Software-as-a-Service companies. They lend between $2 million and $12 million to scaling B2B SaaS companies. SaaS Capital publishes great free research focused on private SaaS companies, which is pretty hard to come by. Recently they published the tenth installment of growth metric benchmarks for private SaaS companies. They break out their analysis by revenue tier (<$ 1miilion, $1 to $3 million, etc.) This is very helpful for smaller SaaS startups.
Growth by Annual Recurring Revenue Bucket
As revenues scale, growth rates decline. This is consistent with public SaaS companies. In comparison to 2019, growth rates slowed in 2020. “While two company groupings performed the same as 2019, the graph shows the clear impact of the global pandemic and economic shock in Q2 of last year. Further, more companies shrank in 2020 than in 2019, as well. Overall, 13% of the companies reported flat or negative growth in 2020, compared to just 2% in 2019.”
