Remove cloud efficiency Remove Revenue Remove Scale
article thumbnail

MongoDB at $1.5B in Revenue — An Epic Growth Story

SaaStr

While many less efficient public SaaS companies are trading at tough multiples of 3-4x ARR, and the average is about 6x ARR, MongoDB is almost 20x ARR. Let’s look at nine interesting learnings about this leading company. #1 Are we near or past the lows in SaaS and Cloud buying patterns? Revenue growth. We’ll see. #2

Revenue 186
article thumbnail

5 Interesting Learnings from MongoDB at $1.5 Billion in ARR

SaaStr

New Workloads Are Only a Small Percent of Today’s Revenue, But Are The Majority of Tomorrow’s. I like this chart a lot showing both the awesome power of high NRR, and also how you have to invest in customers that scale with you over time. New workloads, new uses of Mongo are actually just a small percent of revenue.

Scale 174