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                      <br/>
                      Hey James,
                      <br/>
                      <br/>
                      I'm
                      <strong>
                       Sofia
                      </strong>
                      , Senior Manager of Insights at
                      <strong>
                       ChartMogul
                      </strong>
                      . I share monthly SaaS
                      <a class="" rel="noopener" style="text-decoration: underline; color: #0000FF;" target="_blank">
                       insights
                      </a>
                      and publish quarterly reports on growth, retention, and billing based on real company data. Here are some insights for May.
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                     <strong>
                      <span style="word-break: break-word; font-size: 16px;">
                       Is early-stage SaaS finally waking up?  👀
                      </span>
                     </strong>
                    </p>
                    <p style="margin:0;font-size:14px;text-align:left;mso-line-height-alt:25.2px">
                     <strong>
                      <br/>
                     </strong>
                     SaaS growth data for May is in. Most segments are holding steady, but mid-ARPA SaaS continues to accelerate, and early-stage companies are showing the first signs of a rebound. Four key insights:
                     <br/>
                     <br/>
                     <strong>
                      📈 Mid-ARPA SaaS keeps building momentum
                     </strong>
                     <br/>
                     $100–500 ARPA companies are growing steadily, with the $100–250 range bouncing back to 30% median growth. These segments have been climbing since hitting lows in 2024.
                     <br/>
                     <br/>
                     <strong>
                      🌱 Early-stage SaaS is turning a corner
                     </strong>
                     <br/>
                     Growth for &lt;$300K ARR companies ticked up to 18%. It’s a small jump, but after months of slowdown, it’s a welcome shift.
                     <br/>
                     <br/>
                     <strong>
                      📉 Some segments are cooling, but nothing alarming
                     </strong>
                     <br/>
                     $15M–$30M ARR companies saw slight drops in growth. But retention is holding strong, and these look more like fluctuations than red flags.
                     <br/>
                     <br/>
                     <strong>
                      📊 $8M–$15M ARR hit a new low, but retention is up
                     </strong>
                     <br/>
                     Growth dropped to 18%, the lowest this year. Still, better retention suggests churn is under control; it’s new customer acquisition that’s the challenge.
                     <br/>
                     <br/>
                    </p>
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