article thumbnail

5 Interesting Learnings from UiPath at $600,000,000 in ARR

SaaStr

from 2015 to 2016 … and then exploded: UIPath History. 2016: $3.5m That means both halves of the revenue engine are humming. Top 50 customers grew bookings 81x since 2016, and all 2016 customers together grew 57x. These 2016 customers really leaned in on UiPath. 2014: $500k rev. seed round.

article thumbnail

Never Quit If

SaaStr

2m in ARR or so is Initial Traction, when the engine really will start working. It’s the top-line engine and NPS that matter. note: an updated version of a classic 2016 post). Never Quit If … You Can Get to $2m in ARR from Wherever You Are, Irrespective Of How Long It Will Take. $2m It won’t last forever.

Scale 362
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Want to Understand SaaS? If Nothing Else — Understand That It Compounds

SaaStr

Think of trying to get a train out of a station with a very small engine. Salesforce Growth: 2021 $20.8B Guidance 2020 $17.1B 2014 $4.1B. Thank you Ohana! — Marc Benioff (@Benioff) August 25, 2020. If you haven’t done a SaaS start-up before, it’s different. A lot of work for ten bucks. Tons of work, tiny revenues to start.

SaaS 332
article thumbnail

What will SaaS companies look like in the future?

SaaStr

Product and engineering teams have learned the past few years how to be 100% distributed, but in the coming years, sales teams will start off as 100% distributed on Day 1. This will be the start of the end of the sweetheart run for SaaS from 2015–2016 through today. “No Everyone will become distributed by employee #10.

SaaS 271
article thumbnail

What’s New at Automattic and WordPress with Co-founder and CEO Matt Mullenweg

SaaStr

Automattic was started in 2005 to democratize publishing, and WooCommerce was purchased in 2016 to democratize e-commerce. When WordPress purchased WooCommerce in 2016, they believed it would become their biggest business. Now, Woo is an open-source style Shopify and their largest business. Then, in 2023, they moved into messaging.

article thumbnail

I Was Wrong. NPS is A Great Core Metric.

SaaStr

I wrote a version of this post way back in 2016. Engineering thinks it’s good enough. And importantly — use it for a cross-functional discussion across Sales, Support, Customer Success, Marketing, Engineering, and Product. We’ve all evolved a lot since then. Or we’ll lose all our customers.

Metrics 300
article thumbnail

We?re About To See a Lot More SaaS Debt

SaaStr

In 2016, Digital Ocean opened a $130m credit facility with Keybanc. . So where does a $3m revenue SaaS founder building another sales automation tool turn if they want $500k to invest in a new engineer, account executive, or marketing test? . This venture debt is a form of production capital. Venture Debt for Founders With $3m in ARR.