HCA SaaS update May 2024: Status for the year – and are you ready for our annual SaaS seminar?
Today, we have sent out the HCA SaaS newsletter for May 2024 which provides a status for the year following the Q1 2024 results and comments about the current market environment. The median ARR multiple increased slightly to 3.6x ARR in May for the Danish SaaS sector, while the global/US SaaS sector is trading at 5.9x ARR, now the lowest level since 2013 according to data from The SaaS Capital Index.
Read the full newsletter here: Link
Remember to sign up for our annual online SaaS seminar, which takes place on Tuesday 11 June. The line-up includes both SaaS investors and SaaS companies, which will provide different perspectives on the SaaS sector in the current market environment, including what to look out for as an investor: https://www.inderes.dk/videos/saas-seminar-2024
Disclaimer: HC Andersen Capital receives payment from some of the mentioned SaaS companies (Agillic, Impero, MapsPeople, OrderYOYO, and Penneo) for a Digital IR/Corporate Visibility subscription agreement. /Kasper Lihn 13:21, 6 June 2024.