Standard Metrics

How much are late-stage startups earning and burning per employee in the era of efficiency? Last week, I posted about how Standard Metrics was seeing late-stage companies finally reach cash-flow-positive levels — a huge swing from the growth-at-all-costs mindset that we saw in 2021. Curious how these changes are reflected in per employee numbers? Check out the charts below. Quarterly net burn per full-time employee (FTE) has steadily and significantly improved across revenue scales over the past three years. The median company with $100M+ in annualized revenue is no longer burning cash. At the same time, quarterly revenue per FTE has risen, albeit more modestly. Both of these data points are a clear indication that startups are prioritizing lean, cost-effective operations and doing more with less. You can read more about this trend in our latest startup benchmarking report, linked in the comments below.

?? ???????? ??????????????????: Standard Metrics The latest report from Standard Metrics reveals how late-stage venture-backed companies flipped from haemorrhaging cash to turning a profit. Built on anonymized data from 100+ VC firms and 8,000+ startups, these insights show that these companies aren’t just surviving; they’re thriving across key financial metrics. Explore the report here ?? https://lnkd.in/gvyPfRez

We’ve recently made some more updates to our website at Standard Metrics as our product is evolving. We’re starting to share more about our work in AI, particularly around document parsing. One of the other aspects I’m most psyched about is updating our customer logos. It’s wonderful to constantly be bringing on customers that we admire. Our newest addition to the list is Accel. More to come!

Pleased to welcome three amazing new metronauts this week at Standard Metrics! ???? Sariah Johnson and George Sánchez have joined our SDR and data solutions teams respectively in NY, and Elias Tounzal is working on our engineering team in San Francisco. Welcome! ?? Link to our careers page in the comments.

Had a blast representing Standard Metrics sponsoring Alpaca VC Venture Connect 2025 in Miami. It has to be one of the most unique and interesting events I've attended. Always fun running into old friends from college Saxon Baum and spending time with customers and colleagues Amanda Riley Robert Cole, MEng

In the wild.... a brief moment when Carlos I. Lucca wasn't demo'ing our Global Benchmarking and Portfolio Monitoring app to #CVCs. At Global Corporate Venturing Summit in Monterey, I've already started reconnecting with the #GCVI community, come by the booth to chat as we are giving away Standard Metrics Prov1s and Marine Layer gear. Also right next to the Affinity.co booth so able to connect with my favorite deal flow colleagues. A huge shoutout to Anne Gherini at SIERRA Ventures who introduced me to GCVI in 2019. #venturecapital #privateequity #titleist

Will we finally see the IPO market take off in 2025? ?? Standard Metrics' latest Startup Benchmarking Report found that Q4 was marked by late-stage companies ($100M+ in annualized revenue) getting their financials in order. By Q4 2024, median quarterly net burn (defined as cash flow from operating activities) was scratching at cash-flow-positive levels for late-stage companies—less than three years after the immense spend seen in Q1 2022. Check it out: https://lnkd.in/gZNfWbY9

We’re excited to launch our Q4 2024 Startup Benchmarking Report! The last few years have been a whirlwind for startups. Our latest report reveals how late-stage companies flipped from hemorrhaging cash to turning a profit, and what that might mean for exit events in 2025. Built on anonymized data from 100+ VC firms and 8,000+ startups, these insights show that companies are getting their houses in order — across net burn, EBITDA, burn per FTE, revenue per FTE, operating expenses, gross margin, and more. Check it out: https://lnkd.in/gvyPfRez

I will be attending the Global Corporate Venturing Summit in Monterey next week with Carlos I. Lucca from Standard Metrics. This will be my third time attending, and I'm excited to spend some time with our amazing customers and learn about all the innovation occurring with #CVCs in sessions. We are hosting a dinner on Wednesday evening for Investors at #CVCs and #VCs attending the conference - feel free to message me directly if you are free. #venturecapital

Excited to share that Shine Capital has chosen Standard Metrics for portfolio monitoring and to support LP reporting. ?? Shine Capital CFO Amanda Niu told us that she was impressed by Standard Metrics' easy-to-use interface for both founders and the Shine team. We’re excited to work with Amanda — and on a personal note, I’m thrilled to get a chance to collaborate again with Mo Koyfman, founder & GP at Shine Capital. We used to work together at Spark Capital about a decade ago! And pumped to work with Alex Hartz and the rest of the Shine team. Looking forward to making reporting easier for Shine Capital — from portfolio companies to the firm and from the firm to their LPs. https://lnkd.in/gAkMDeUC