PUBLIC MARKETSEG SaaS Index Update: January 2023

Our January update provides insightful data on the stock price performance of the SEG SaaS Index.

Download the SEG SaaS Index Update: January 2023

The SEG SaaS Index was up 10.5% during the month of January, a very positive start to the year following 2022’s tepid performance.


  • The median EV/Revenue multiple for the SEG SaaS Index reached 5.5x in January, a jump from November and December’s decline.
  • Smaller companies in the Index (those with revenue of less than $250 million) experienced the strongest increase of 13.3% during the first month of the year.
  • Other SaaS (15.1%), Sales & Marketing (13.5%), Vertically Focused (13.1%), and Financial Applications (11.9%) are product categories that are all out performing the broader SEG SaaS Index (10.5%).