Founders Play Your Own Game

• 117,566 SaaS and Cloud Tech companies were founded globally • 37,327 of those companies founded are (or were) VC-backed • 13,789 of those raised more than $3 million • 168 of those achieved > $100 million in ARR • Median time to $100 million ARR is nine years

Software Company Statistics (2005 - 2022)

mindframeconnect.com mindframeconnect.com

Globalive

40

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