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5 Interesting Learnings from Similarweb at $260,000,000 ARR

  • Similarweb, a company that IPO'd at $190m ARR, is now at $260m ARR with a growth rate of 16% and 112% NRR.
  • The company is trading at $841m, or about 3.2x ARR, and its value has halved since the IPO in 2021.
  • While Similarweb's growth is modest, it is re-accelerating from 11% in Q4'23 to 16% currently.
  • The company is experiencing growth in net new customer count at a rate of 20% and is focusing on $100k+ deals.

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