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The benchmark for a company raising its Series A is now $50k MRR. (This used to be closer to $100k.) You'd expect to be at $100–150k MRR six months after the Se
by applecore 12y ago
The benchmark for a company raising its Series A is now $50k MRR. (This used to be closer to $100k.) You'd expect to be at $100–150k MRR six months after the Series A, assuming a 15–20% monthly growth rate.
If you're already at $500k MRR, you're in Series B territory.
- patio11 12y agoEgads.
- kenrikm 12y agodadgum.. 500k MRR seems low for a Series B.
- applecore 12y agoWhile the bar for absolute revenue may be lower, the growth rates of the best SaaS companies are astonishingly higher. The markets are bigger now, so your growth from $1–2m ARR to $10m ARR and beyond has to be much faster these days.