It Takes About 10.4 Years to IPO in SaaS

"I suspect this will trend up, however. But it hasn't in the last 3 IPOs."

So How Long Does It Take To IPO These Days?

There haven’t been many SaaS IPOs since 2021 … but they are slowly coming back. Klaviyo, Rubrik and Onestream are the first 3 SaaS IPOs in years. That’s not many. But it’s enough to look at some data.

And with that … how long does it take to IPO in SaaS, on average — for those that do?

The answer: 10.4 Years

And the last 3 IPOs? The first since the boom times? 11.3 Years

I suspect this will trend up. First, more SaaS companies are waiting to IPO, both because growth has slowed but also because many are looking to hit $500m ARR, not $200m, before they IPO. Second, growth overall has slowed in SaaS. So I suspect it will go up.

But the best are still doing it in about 11 years, even now.

And a great deep dive with Klaviyo’s CEO here — who will also be a headline speaker at SaaStr Annual 2024 Sep 10-12 in SF Bay!!