PUBLIC MARKETSEG 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.

Highlights:

• 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%).