SaaS Flash Report

Daily SaaS News Roundup - Updated: 2026-02-11

SaaS news today at breaking speed

Today's SaaS News Highlights

SAAS NEWS FLASH - February 11, 2026

ElevenLabs Secures $500M Series D at $11B Valuation, Fueling AI Voice Expansion Amid Surging ARR

•ElevenLabs, an AI voice and conversational platform, raised $500M in Series D funding led by Sequoia Capital at an $11B valuation, with over $330M ARR reported, to advance ElevenAgents, ElevenAPI, and global expansion.[3][4] (https://www.thesaasnews.com/news/elevenlabs-raises-500m-series-d-at-11b-valuation | https://news.crunchbase.com/venture/biggest-funding-rounds-ai-waymo-cerebras/)
•Reco, an AI SaaS security and governance provider, closed a $30M Series B round, bringing total funding to $85M, to address enterprise challenges in scaling generative AI adoption.[5][7] (https://www.securityweek.com/reco-raises-30-million-to-enhance-ai-saas-security/ | https://www.govinfosecurity.com/reco-secures-30m-as-enterprises-struggle-governing-ai-a-30722)
•Legal AI startup Harvey is in talks for a $200M raise at $11B valuation led by Sequoia and GIC, just months after hitting $8B post its $160M round.[8] (https://techcrunch.com/2026/02/09/harvey-reportedly-raising-at-11b-valuation-just-months-after-it-hit-8b/)

Flash Insight: These massive AI-centric SaaS funding rounds highlight investor frenzy around voice, security, and legal applications, signaling accelerated enterprise AI adoption but raising questions on sustainable valuations in a maturing market.[3][4][8]

📊 SaaS METRICS SNAPSHOT - February 11, 2026

Market Performance
•Public SaaS companies saw median EBITDA margins reach 9.1% in 2025, with top performers securing premium double-digit valuation multiples amid a widening valuation gap; M&A activity hit record highs, up 28% over 2024, with 72% of deals referencing AI.[5]
•SaaS M&A deal volume surged to the highest annual level on record, driven by private equity (58% of deals) prioritizing strong revenue retention and AI execution.[5]
•Median ARR growth rates settled at 26% (down from 30% in 2022), with VC-backed firms at 25-30% and bootstrapped at 20-23%; AI-native companies grow at twice the rate of traditional SaaS.[1]

Key Industry Numbers
•Usage-based pricing is rising rapidly, with Gartner predicting 70% of top SaaS vendors offering consumption-based models by 2027; per-seat models face disruption from AI shifting economics.[4][6]
•Median CAC hit $2.00 per $1.00 of new ARR (up 14% from 2023), reaching $2.82 in the fourth quartile; early/mid-stage sales efficiency (Magic Number) fell below 0.6.[2][4]
•Median churn implies ~10% gross annual rate (GRR at 90%); NRR compressed to 101% overall (private/bootstrapped at 101-104%), with B2B median at 106% and top performers >111-120%.[1][2][4]

Today's Notable Metrics
•Global SaaS market valued at $375.57B in 2026, projected to hit $465.03B overall with North America (17,000 US firms at $141.06B) leading; content/collaboration segment CAGR at 29.19%.[3][4]
•No new unicorn valuations or milestones announced today; recent SAP/ServiceNow earnings (Jan 29) triggered software stock selloff amid AI automation concerns.[8]
•Organizations average 305 SaaS apps and $55.7M annual spend, with app counts stabilizing (-0.07% YoY); SEO yields 702% ROI for B2B SaaS (break-even in 7 months).[4]

SaaS Flash Report

Today's SaaS News Highlights

SaaS Funding

Enterprise Software

Product Launches

SaaS Analytics

B2B Technology

Software Industry

SaaS Acquisitions

SaaS Metrics

Quote of the Day

Get SaaS News Delivered To Your Inbox