SaaS Capital's 14th annual survey analyzed growth rates across 1,000+ private B2B SaaS companies, revealing a 5% decline in median growth from 2023 to 2024.
Returning to pre-pandemic levels of growth is seen as a positive shift, emphasizing sustainable growth over vanity metrics.
The report highlights the impact of company size on growth benchmarks, emphasizing the importance of context when comparing growth rates.
Net Revenue Retention is identified as a key metric driving growth, with companies achieving high NRR showing significantly higher median growth rates.
Equity-backed companies grow faster than bootstrapped ones but incur higher costs, emphasizing the importance of unit economics over rapid growth.
The survey outlines growth rates based on company age, advising companies to focus on different priorities at each stage of their lifecycle.
SaaS industry trends suggest a shift towards profitability and sustainable business models over rapid growth at all costs.
To succeed, founders and executives are urged to benchmark against peers, prioritize NRR, choose funding wisely, align strategies with company stage, and focus on sustainable growth.