Your Value
What Different Buyers Pay
The same company is worth different amounts to different buyers. These ranges come from published software deals, as a multiple of annual revenue. Move the slider to see what they mean in dollars.
-
Large strategic buyers
3–4x revenue
$15M–$20M up to $40M
Large software companies that buy to fill a gap in what they sell. A strong product fit has earned up to 8x. Some of these deals are priced on the team rather than revenue.
-
PE-backed platforms and mid-size strategics
2–4x revenue
$10M–$20M
Software companies backed by private equity that add products to their platform, and mid-size companies buying for the same reason. They are the most active buyers of software companies, often near 3x.
-
Long-term holders and turnaround investors
0.5–1.5x revenue
$2.5M–$7.5M
Buyers that plan to own a company for good and price it on profit, and investors who take on companies with debt or ownership problems. Profit matters more than growth here.
-
Data licensing
Priced in dollars
$50K–$500K
AI developers that license a company's code, documents and data to train their models. It is priced in dollars, not as a multiple. It is a license, not a sale, so you keep the company, and it can sit alongside a sale.
These ranges describe published deals. They are not a valuation of your company or a promise of any price. We quote them conservatively: published deals lean toward good outcomes.
What Moves a Company Within Its Range
- Fit. A buyer that needs your product to fill a gap pays more than one that is only adding revenue.
- Growth, recurring revenue and profit. Slower-growing or unprofitable companies tend to land at the low end of their range.
- Competition. Interest from more than one buyer is how a company reaches the top of its range. That is the work we do: find the buyers that need what you have built, and bring more than one to the table.
Where These Ranges Come From
- Software Equity Group, 2Q26 SaaS M&A and Public Market Report: median 4.0x revenue across SaaS acquisitions. PDF
- Software Equity Group, quarterly SaaS report, 3Q26: buyers backed by private equity or venture capital made 61% of SaaS acquisitions. Link
- Kroll, Software Sector Industry Insights, Summer 2026: median 4.6x revenue for targets under $25M in revenue, with the middle half of deals between 2.9x and 7.6x; strategic buyers paid 5.6x and private equity 4.4x in 2025. PDF
- Aventis Advisors, SaaS Valuation Multiples 2015–2026 (543 disclosed deals): median 3.3x revenue for deals under $5M and 3.2x for $5M–$20M. PDF
- MIT Technology Review, October 13, 2026: AI labs buying data from shut-down startups to train models. Link