KeyBanc Capital Markets and Sapphire Ventures Private SaaS Company Survey Reveals Pivot to Efficient Growth and Profitability
SAN FRANCISCO and MENLO PARK, Calif., Dec. 18, 2023 /PRNewswire/ -- KeyBanc Capital Markets (KBCM), the corporate and investment banking unit of KeyCorp in partnership with Sapphire Ventures, a global software venture capital firm backing companies of consequence, released results from KBCM's Technology Group's 14th annual Private SaaS Company Survey, the benchmarking report by which the SaaS industry measures financial and operating performance.
- This year's survey revealed trends of decelerated growth and a transition towards profitability in 2023, a resounding theme throughout the report's findings.
- "Sapphire Ventures is pleased to partner with KeyBanc Capital Markets on this invaluable report and reference point for the start-up SaaS industry.
- The KBCM and Sapphire Ventures Private SaaS Company Survey provides credible operational and financial benchmarking data for executives and investors in SaaS companies of all sizes.
- To view the full survey results, methodology and to see a deeper analysis of the findings, visit us at http://www.key.com/saassurvey .