So there haven’t been many IPOs since 2021 … but they are slowly coming back. Klaviyo, Rubrik and Onstream 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.
