[{"0":"","1":"2019","2":"2020","3":"2021","4":"2022","5":"2023","6":"","7":"","8":"","9":"","10":"","11":"","12":"","13":"title 1","14":"title 2","15":"title 3","16":"SubTitle"},{"0":"Self-Serve SaaS","1":"15.35","2":"25.59","3":"28.55","4":"9.39","5":"12.63","6":"","7":"","8":"","9":"","10":"","11":"","12":"","13":"The average EV/ARR multiple has stablized to pre-covid levels, given the corrections we have seen over the last few years.","14":"Historically we notice the EV/ARR multiple for Serviced SaaS companies is typically lower than Self-Serve SaaS companies by ~15-20%, again drive by scale capabilities. Interestingly, Services SaaS companies have always seen a lower swing in the multiples. ","15":"","16":"Valuation Multiple - Enterprise Valuation as a multiple of the ARR."},{"0":"Serviced SaaS","1":"12.98","2":"26.87","3":"21.76","4":"8.18","5":"11.93","6":null,"7":null,"8":null,"9":null,"10":null,"11":null,"12":null,"13":null,"14":null,"15":null,"16":null},{"0":"CGES Index","1":"13.94","2":"26.38","3":"24.7","4":"8.7","5":"12.38","6":null,"7":null,"8":null,"9":null,"10":null,"11":null,"12":null,"13":null,"14":null,"15":null,"16":null}]