The Centaur Report - Benchmarks

TL;DR

The average valuation of Cloud 100 companies has reached a staggering $7.4 billion in 2022, with a total market cap of $738 billion. Fintech is the most valuable sub-sector, led by Stripe.

Transcript

last year we hit a new milestone in which all the listed companies on the cloud 100 were worth 1 billion or more in fact the average cloud 100 valuation was 5.2 billion in 2021. in 2022 the bar continues to be set higher with all cloud 100 honorees again reaching a minimum 1 billion valuation but the average has ballooned even further sitting at a ... Read More

Key Insights

• 💗 The average valuation of Cloud 100 companies in 2022 is $7.4 billion, indicating their growing significance in the market.
• 🥺 Fintech is the most valuable sub-sector within Cloud 100, led by Stripe with a market cap of $95 billion.
• 🎨 Design collaboration and productivity software, as well as data infrastructure, also contribute significantly to the cumulative valuation of Cloud 100 companies.
• 😫 Cloud 100 veterans have experienced significant growth and are setting new records in terms of equity value.
• ✋ Valuations of Cloud 100 companies are high due to their last private rounds of financing being conducted during a more exuberant market period.
• ☠️ Despite concerns of a downturn, Cloud 100 companies continue to perform well, with an average revenue growth rate of 100% year-over-year.
• 😶‍🌫️ Annual Recurring Revenue (ARR) has become a crucial metric for cloud founders, with over 70% of Cloud 100 honorees being centaurs (reaching $100 million ARR).

Questions & Answers

Q: How have the valuations of Cloud 100 companies changed from last year?

The average valuation of Cloud 100 companies has increased by 43%, reaching $7.4 billion in 2022 compared to the previous year.

Q: What is the total market cap of the Cloud 100 in 2022?

The Cloud 100 companies in 2022 have a total market cap of $738 billion, a significant increase from the previous year's $518 billion.

Q: Which sub-sector has the highest cumulative valuation among Cloud 100 companies?

Fintech holds the highest cumulative valuation at $191 billion, with Stripe alone contributing $95 billion to the sector's market cap.

Q: Which companies have reached the top 10 of the Cloud 100 in 2022?

Cloud 100 veterans such as Nero, Figma, Airtable, and Talkdesk have reached new heights, with the top 10 contributing $252 billion of equity value alone.

Summary & Key Takeaways

• The average valuation of Cloud 100 companies in 2022 is $7.4 billion, a significant increase of 43% from the previous year.

• The total market cap of Cloud 100 companies in 2022 is $738 billion, compared to $518 billion in the previous year.

• Stripe dominates the fintech sub-sector with a market cap of $95 billion, contributing to the sector's cumulative valuation of $191 billion.