As a Standard Metrics user, you provide metrics on the health of your business to your investors. Now, we’re using that data to deliver value back to you! (All data is anonymized and aggregated.)
Leverage benchmarking insights in two key ways
1. Goal setting: See where top performing companies landed at each growth stage.
You'll have access to the same tools and data your VC uses to gain insights on how your company is measured. You’ll receive insight into how your company stacks up against companies of similar sector, scale, and business profile. See your percentile score for each metric, and know exactly where to apply resources to improve business health.
2. Fundraising: Know your worth. Enter the negotiation with data.
Benchmarks offers valuable insight into how your company stacks up to other companies in your sector at your revenue scale. Enter fundraising conversations armed with data for your company and sector and provide investors evidence of top performance.
FAQs
How do I get benchmarks?
You can access your tailored benchmarks by manually entering your data or connecting to your accounting system. If you are entering data manually, you will be prompted to input 6 months of Revenue and a recent Headcount in order to access your benchmarks.
What benchmarks do I get?
In your Score Card, you will receive 9 scores across 3 buckets. See your percentile score for each metric, and know exactly where to apply resources to improve business health.
Growth
Revenue
Revenue Growth
Headcount
Burn
Net Burn
Runway
Efficiency
Burn/FTE (Full-Time Employees)
Gross Margin
Operating Margin
Revenue/FTE
How can I make the most of Benchmarks?
Revenue and headcount are the only data points necessary to get started with Benchmarks. This information will be used to compare your company's Revenue per Full-Time Equivalent (FTE) efficiency metrics to your industry peers. You'll see how your Revenue, Revenue Growth, and Headcount benchmarks compare, providing valuable growth metrics for strategic decision-making.
However, by providing optional data, you can access five additional benchmarks: Net Burn, Runway, Burn per Full-Time Equivalent (FTE), Gross Margin, and Revenue per FTE.
These benchmarks offer deeper insights into your company's financial health and operational efficiency. Consider linking to your accounting software to access these additional benchmarks. (See more about our accounting integration here.)
How much does Benchmarks cost?
This product is free for all companies who use the Standard Metrics platform.
How do I opt out?
Companies who do not wish to include their data in benchmarking can opt out via the settings page. (note: The company will not have access to Benchmarks after opting out.)
Have questions? Feel free to send an email to support@standardmetrics.io and our team will return your email.