Reference file

Sourced Benchmarks

sourced-benchmarks.md

Sourced Benchmarks

On-demand reference for the expansion-revenue-architect skill.

Master Benchmark Table

Calibrated for EUR15-150M B2B SaaS. Always adjust for client's stage, ACV, and motion type.

Metric Good Great Best-in-class Source
GRR >85% >90% >95% KeyBanc 2025 (median 88-91%, top quartile 95%+)
NRR >100% >110% >120% KeyBanc 2025; Bessemer Cloud 100
Expansion as % of new ARR 15-20% 20-30% >40% OpenView; Bessemer Scaling to $100M
Expansion ARR acquisition cost $0.40/$ $0.27/$ $0.20/$ Ordway; Pacific Crest
CS-led expansion close rate (<$50K) 30% 40% 50% ChurnZero 2025
Sales-led expansion close rate (>$50K) 20% 30% 35% Gainsight; industry composite
Time from signal to expansion pipeline <30 days <14 days <7 days Operator benchmark
Seat expansion velocity (quarterly, 50+ seat accounts) 3% 5% 8-12% Bessemer Cloud 100

Valuation context: A 10-point NRR improvement (e.g. 110% -> 120%) translates to 20-30% valuation uplift. Companies with 120%+ NRR command 20-40% premium multiples. This is the cost-of-gap argument in proposals.

Source: m3ter 2026 NRR analysis; Software Equity Group public SaaS NRR-to-valuation correlation.

Sourced NRR Benchmarks by Stage and ACV

These deepen the benchmark table above with segment-specific data from primary research.

NRR by Company Stage

ARR Stage Median NRR Top Quartile NRR Source
$1-10M ~105% 145%+ Bessemer Cloud 100, 2024
$10-25M ~108% 135%+ Bessemer Cloud 100, 2024
$25-50M ~106% 125%+ KeyBanc 2024-2025 SaaS Survey
$50-100M ~110% 135%+ Bessemer Cloud 100, 2024
$100M+ ~112% 120%+ High Alpha/OpenView 2024 SaaS Benchmarks

Context: Median NRR across ~100 private SaaS firms is 101% (KeyBanc/Sapphire Ventures 2024-2025). Public SaaS companies average ~110% (High Alpha/OpenView 2024).

NRR by ACV Band

ACV Median NRR Top Quartile Bottom Quartile Source
<$25K ~100% 108% 95% KeyBanc 2024-2025
$25-50K 102% 111% 97% KeyBanc 2024-2025
$50-100K 105%+ 115%+ 98% KeyBanc 2024-2025
>$100K 108%+ 120%+ 100% KeyBanc 2024-2025

Implication: Higher-ACV products consistently outperform on NRR. This validates the land-and-expand strategy — land small, then grow ACV through expansion.

GRR by Segment (Sourced)

Segment Good Great Best-in-Class Source
Enterprise (ACV >EUR100K) >90% >93% >95% Ordway Labs 2024; SaaS Capital 2023
Mid-Market (ACV EUR25-100K) >88% >91% >94% KeyBanc 2024-2025
SMB (ACV EUR5-25K) >80% >85% >90% ChartMogul SaaS Retention 2023
PLG / Low ARPA (<EUR50/mo) >60% >70% >80% ChartMogul 2023 (ARPA <$50: top quartile 60-70%)

Strategic pattern: A company with 5-7% annual logo churn AND 110%+ NRR is actually healthy — high logo churn can coexist with strong NRR if expansion from retained accounts more than offsets losses (Vitally SaaS Churn Benchmarks 2025).

The Expansion Economics Advantage

Expansion revenue is the most efficient growth lever in B2B SaaS. The data is overwhelming:

Cost Efficiency

Metric New Business Expansion Multiple Source
CAC (cost to acquire $1 of ARR) $1.20-1.60 $0.17-0.40 7x cheaper Paddle 2024; SaaS Metrics Board
Payback period 18-24 months 6 months 3-4x faster Paddle 2024
Close rate 5-20% 60-70% 3-10x higher Gainsight 2024
Sales cycle 60-180 days 14-90 days 2-4x shorter 180ops 2024

Expansion Revenue Share by ARR Stage

As companies scale, expansion becomes the dominant growth source:

ARR Stage % from New Business % from Expansion Source
<$1M 90% 10% OpenView 2024
$2-5M 70-80% 20-30% OpenView 2024
$5-20M 60-70% 30-40% OpenView 2024
$20-50M ~65% ~35% Ordway Labs 2024
$50-100M ~50% ~50% OpenView 2024
$200M+ ~33% ~67% OpenView 2024

Cost-of-gap argument: If a client at EUR30M ARR is getting only 15% of new ARR from expansion (vs. 35% benchmark), that's a 20pp gap. At EUR6M new ARR target, that gap = EUR1.2M in missed expansion revenue annually — at 7x lower CAC than acquiring it via new business.