Benchmark
Are these numbers actually good?
Peer set: B2B SaaS · Series A · $3–5M ARR · enterprise motion · 40 employees · 214 companies
Headline
You're spending like a $10M ARR company but monetizing like a $3M company.
What this actually means
Your engineering spend is high, but I wouldn't cut it.
You're at the 81st percentile for R&D spend, but revenue growth is also in the 76th percentile. The bigger concern is G&A, where you're spending 1.7× the peer median without a corresponding scale advantage.
Gross margin is the number that will cost you valuation.
At 66% you sit in the bottom quartile of this peer set. Companies raising a Series A at comparable growth are clearing 74%. Eight points of margin is worth more to your next round than a quarter of extra growth.
Your burn multiple is genuinely good — lead with it.
1.6× against a 1.9× median means each dollar of net new ARR costs you less than most of your peers. Pair that with revenue per employee and it becomes the strongest slide in your deck.
Benchmark reads the comparison. Trusteer helps you change the numbers behind it.