SaaS (Software as a Service)
Software delivered over the internet on a subscription basis.
SaaS businesses host software centrally and charge recurring fees, producing predictable revenue, high gross margins and strong scalability. The model dominates B2B software and is favoured by investors for its recurring economics.
Examples
A project-management tool sold per user per month. — A startup migrates from one-off licences to a SaaS subscription.
How it relates to The Startup Foundry
SaaS metrics (MRR, churn, LTV:CAC) map directly to the investability pillars the Foundry assesses.