1. The Saas Benchmark reflects data gathered from all ICONIQ Growth Portfolio companies where data was available as well as data from a sampling of public B2B SaaS comp. This data does not, and should not be taken to, represent the performance of any ICONIQ Fund or investment program and must not be relied upon in connection with any investment decision.

Unless otherwise indicated, communications on this website are issued by ICONIQ Capital, LLC (“ICONIQ Capital”).

The views expressed in this tool are those of ICONIQ Growth (“ICONIQ" or the “Firm"), an affiliate of ICONIQ Capital, are the result of proprietary research, may be subjective, and may not be relied upon in making an investment decision. Information used in this tool was obtained from numerous sources. ICONIQ Growth does not make any representations or warranties as to the accuracy of the information obtained from these sources.

This tool is for general information purposes only and does not constitute investment advice. This tool must not be relied upon in connection with any investment decision. The information in this tool is not intended to and does not constitute financial, accounting, tax, legal, investment, consulting or other professional advice or services. Nothing in this tool is or should be construed as an offer, invitation or solicitation to engage in any investment activity or transaction, including an offer to sell or a solicitation of an offer to buy any securities which should only be made pursuant to definitive offering documents and subscription agreements, including without limitation, any investment fund, investment service or investment product referenced herein.

This tool may contain forward-looking statements based on current plans, estimates and projections. The user of this tool ("you") are cautioned that a number of important factors could cause actual results or outcomes to differ materially from those expressed in, or implied by, the forward-looking statements. The numbers, figures and case studies included in this tool have been included for purposes of illustration only, and no assurance can be given that the actual results of ICONIQ or any of its partners and affiliates will correspond with the results contemplated in the tool. Past performance is not a reliable indicator of future performance, and any investment may result in the loss of all or some of the amounts invested.

All of the information in the tool is presented as of the date made available to you (except as otherwise specified), and is subject to change without notice, and may not be current or may have changed (possibly materially) between the date made available to you and the date actually received or reviewed by you. ICONIQ assumes no obligation to update or otherwise revise any information, projections, forecasts or estimates contained in the tool, including any revisions to reflect changes in economic or market conditions or other circumstances arising after the date the items were made available to you or to reflect the occurrence of unanticipated events.

For avoidance of doubt, ICONIQ is not acting as an adviser or fiduciary in any respect in connection with providing this tool and no relationship shall arise between you and ICONIQ as a result of this tool being made available to you. 

  ICONIQ is a diversified financial services firm and has direct client relationships with persons that may become limited partners of ICONIQ funds. Notwithstanding that a person may be referred to herein as a "client" of the firm, no limited partner of any fund will, in its capacity as such, be a client of ICONIQ. There can be no assurance that the investments made by any ICONIQ fund will be profitable or will equal the performance of prior investments made by persons described in this tool.  

Any information in this tool is directed at, and intended for, only persons who are experienced institutional or professional investors (“professional investors”) as defined by applicable law and regulation. Any person that is not a professional investor is not an intended recipient of this tool and the matters discussed herein. This tool and any information therein is not intended for the use of and is not available to any person located, established or resident in the European Economic Area, and the use of the tool by any such person is not authorised by ICONIQ.

This tool is administered by ICONIQ Capital and is therefore not administered by a person that is authorised, registered, endorsed or recognized under UK or EEA domestic laws applying Regulation 2016/1011 (including as retained as part of UK law), and the tool is not authorised under Regulation 2016/1011. Consequently, certain users may be restricted from using this tool.