SaaS IPO’s take 11 years

Sammy Abdullah
Apr 26, 2024

How many years will it take you to exit? We looked at every SaaS IPO since MongoDB in October 2017. The data is below along with a few observations (note that ‘IPO Year’ is actually the last full year of financials prior to IPO).

It’ll take a decade plus. There have been 75 IPO’s in that period with the last one occurring yesterday (Rubrik). The median IPO took 11 years and the average took 12 years.

The range is wide. The fastest IPO’s happened in 4 years (Livongo and EverCommerce). Others literally took 20 to 30 years.

Thank you for your readership. Visit blossomstreetventures.com for more blogs and data.

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