David Spitz

📊 Unlocking Growth Insights: February's SaaS Benchmark Breakdown!
 
 Sofia Faustino, thank you for sharing these valuable insights from ChartMogul regarding February's SaaS growth benchmarks. The landscape shows some intriguing trends:
 
 1️⃣ Steady Growth: Year-on-year recurring revenue remains stable at a median of 24% since October 2023.
 
 2️⃣ Top Quartile Performance: Top quartile SaaS under $300k ARR sees a 6pp increase, hitting 125%.
 
 3️⃣ Low NRR: Median NRR sets a new low at 62% in February, highlighting lower retention rates.
 
 This evolving scenario prompts VCs to prioritize unit economics and profitability for 2024 investments.
 
 How are these insights influencing your growth strategies this year? 📈
 
 #saas #growth #chartmogul