Morning, we just published the ✨ SaaS Benchmarks Report ✨ with data from over 2,100 SaaS businesses. 3 quick takeaways: 1. Last year SaaS growth was the slowest it has been in years, and while so far, it’s stabilized in 2023, we are starting to see some acceleration again in some segments. 2. Those who are growing, are relying more and more on expansion revenue, and retention has now become a key growth driver. Companies that were able to retain their customers in this tough climate grew at least 1.8x faster than their peers. 3. New business ARR is finally ticking up and some green shoots are starting to emerge. Businesses with ARR over $1m saw an uptick in new business ARR growth in the first quarter of 2023. It’s hard to say if this is an outlier or part of a wider trend. There are a ton of more insights. We share what’s a good growth/retention rate in 2023, growth patterns, and new biz analysis on our blog and the PDF report.