Gandhi: Enterprise startups take roughly two years on average to reach $1M ARR
Shruti Gandhi · Shruti Gandhi, Array Ventures on taking SaaS companies from Zero to $10 Million ARR · Sep 14, 2020 · at 16:16
Shruti Gandhi, General Partner at Array Ventures, explains realistic timelines for early-stage enterprise SaaS companies progressing from inception to $1M ARR.
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“Because of the kinds of things we invest in, there is a tech buildup, and that takes a year plus, oftentimes. But the minute they actually have a meaningful revenue, you know, a million usually takes another 12 months from there. So, I would say, in an ideal world, It's one year, but in, in a realistic world, it's more two years where the company takes, you know you know, an average. I'm talking an average, right? Like not talking about like the best deals, but they take about two years to get to a million.”
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