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Some SaaS and Cloud leaders have seen big impacts from the post-Covid hangover, but others keep accelerating. MongoDB is one of those that has never stopped.
Instead of looking at those who are struggling, let's take a look at the epic growth story of MongoDB, a company crushing it in 2023.
MongoDB is at a stunning $1.5B in ARR, 29% overall growth, and is worth $29B. That's about as good as it gets in SaaS and Cloud!
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.
By SaaStr4.6
172172 ratings
Some SaaS and Cloud leaders have seen big impacts from the post-Covid hangover, but others keep accelerating. MongoDB is one of those that has never stopped.
Instead of looking at those who are struggling, let's take a look at the epic growth story of MongoDB, a company crushing it in 2023.
MongoDB is at a stunning $1.5B in ARR, 29% overall growth, and is worth $29B. That's about as good as it gets in SaaS and Cloud!
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.

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