Link to original article: Enterprise SaaS sags overall despite blockbuster deals
The enterprise SaaS vertical has hit some of its lowest deal values since 2020, with Q1 generating $8.2 billion in deal value (down more than 60% from Q1 2022) and Q2 hitting $9 billion (down 50% year-over-year), according to our latest Emerging Tech Research. This, however, excludes the outsized influence of two huge deals within the vertical this year: OpenAI’s $10 billion Microsoft deal and the $6.9 billion Stripe round.