For enterprise SaaS in the TASE, the time is now

The last few years have been, for the most part, phenomenal for enterprise software startups. High-growth SaaS startups will typically have a north star that they will follow en route to market ubiquity: A successful IPO in a U.S index, as we have seen from a growing list of Israeli software companies, most recently JFROG, SimilarWeb, and others, commonly done at very high revenue multiples. During companies' growth stages, typically seen when the company already has a recurring go-to-market model and is either at or very close to product-market fit (usually at ~$30-$70 million of annually recurring revenue) – they will typically raise one or two large private rounds from growth investors, usually ranging from $50-200 million. This provides the companies with the required "juice" to further scale the business so that they are large and stable enough before they go public. In nearly all of the cases, this has been the only path that high-growth SaaS startups have taken. However, our por