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The Software Startup Sectors Raising the Most Capital in 2017

Tom Tunguz

In 2010, classic SaaS was booming, the benefits of a subscription model were finally becoming clear to the public markets and the mass-market. And this data implies that fewer earlier stage companies raised, which means there will be fewer Series Bs in 2017 and fewer Series Cs in 2018.

Startup 255
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5 Interesting Learnings from UiPath at $600,000,000 in ARR

SaaStr

2017: $30m rev. Even if a lot of the revenue isn’t truly recurring SaaS revenue. “We define ARR as annualized invoiced amounts per solution sku from subscription licenses and maintenance obligations assuming no increases or reductions in their subscriptions.” 2014: $500k rev. seed round.

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6 Payment Acceptance Obstacles SaaS Companies Face and How to Avoid Them

SaaStr

Making payments accessible overseas. A 2017 U.S. By contrast, only 12% of online purchasers in Germany stated that a debit or credit card was their preferred payment method, with customers opting for alternatives such as invoices or PayPal. Securing payments. purchases made.

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Doubling Down: Hilarie Koplow-McAdams, Venture Partner at NEA

SaaStr

Metronome’s sophisticated billing and subscription management platform enables companies to easily manage and automate complex billing and invoicing processes. Hilarie Koplow-McAdams joined NEA as a Venture Partner in 2017 and is focused on enterprise software and services. Most recently, Hilarie was President at New Relic.

Scale 287
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5 Interesting Learnings From Slack. As It Gets Ready to IPO.

SaaStr

That’s way, way up from just 22% of revenue from $100k+ deals in 2017. He was granted an additional 3m shares in 2017 and 1.3m Today, Slack has 575+ customers paying more than $100k a year, which important now accounts for 40%+ of its revenue. The S-1 is full of enterprise case studies, from Oracle to Fox to Splunk. more in 2019.

Scale 279
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The Impact of Blockchain on SaaS

Tom Tunguz

More than 30% of the initial coin offerings (ICO) in 2017 target developers and businesspeople with their products. B2B crypto companies raised about $400M of ICO dollars in 2017. Others enable email white and blacklists to be shared securely, creating a coalition against phishing. The numbers are still small.

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5 Interesting Learnings from GitLab at $250,000,000 in ARR

SaaStr

First $100k customer in 2017. 90% of GitLab’s customers pay by subscription — but most still self-manage the deployment. GitLab China is a new independent company formed in 2021, both SaaS and self-managed, available only in China, Hong Kong and Macau. We may see this more often. #4. Then 20 by 2018.