2025 Growth Reports

The venture landscape has shifted from "growth at all costs" to "efficient growth." Below are the median benchmarks for B2B SaaS companies in the MENA region for Q1 2025.

Seed Stage ($0 - $1M ARR)

At the Seed stage, investors are looking for product-market fit and initial traction.

• Growth Rate: 3x year-over-year
• Burn Multiple: < 2.5x
• CAC Payback: < 12 months
• Gross Margin: 70%+

Series A ($1M - $5M ARR)

At Series A, the focus shifts to scalable unit economics and retention.

• Growth Rate: 2x - 3x year-over-year
• NDR (Net Dollar Retention): > 110%
• Burn Multiple: < 2x
• CAC Payback: < 15 months

Regional Trends

The "KSA Premium"

Startups focusing on the Saudi market (KSA) are seeing 15% higher ARPU (Average Revenue Per User) compared to the regional average, driven by rapid enterprise digitization.

Fintech Efficiency

Fintech startups currently have the highest CAC in the region due to competitive bidding on paid channels, but they also boast the highest LTV, justifying the spend.