Introducing: Beyond Benchmarks 2024

The inaugural edition of our comprehensive, early-stage enterprise cloud market report that goes "beyond" benchmarks 📊📈

Over 20+ years, we have invested early in more than 100 enterprise cloud companies including iconic leaders such as Salesforce, Zoom, Veeva Systems, Doximity, Box and Bill.com. As a result of our exclusive focus on B2B cloud and the size of our portfolio, we have unique insight and perspective on emerging technology trends, market conditions and what constitutes operational excellence. Throughout our history, we have collected market data as well as quarterly operational and financial metrics for our companies, and we use this proprietary data set to help guide our Founders and executive teams. With Beyond Benchmarks, our ambition is to expand beyond our portfolio to play a similar role for the cloud ecosystem.

Our goal is to share key data and insights from the current enterprise cloud market so that all enterprise founders and executives can make better informed decisions.

Beyond Benchmarks 2024 is based on data collected in April 2024 from over 600 B2B software companies that participated directly in our survey or through our Partner VCs. We also partnered with Crunchbase for data on the current fundraising environment.

Beyond Benchmarks 2024 covers three important topics: 1) GenAI Trends, 2) Fundraising Environment, and 3) Company Performance Metrics.