Startups funded by Bessemer Venture Partners are experiencing rapid revenue growth, reaching significant milestones quicker than any prior instances in the firm's history. AI-native companies are achieving $0 to $100 million in annual recurring revenue faster than any other cloud companies. Bessemer categorizes startups into supernovas, shooting stars, and cloud centaur based on their revenue speed. Supernovas hit an average of $40 million in annual revenue within their first year. Bessemer has invested $1 billion in these startups to date, as part of a strategic plan launched two years ago.
AI-native businesses are scaling from $0 to $100 million in ARR [Annual Recurring Revenue] faster than any other companies in cloud history.
It's the highest number of hyper-growth startups we have ever seen.
Supernovas are companies that have reached, on average, $40 million in annual revenue after one year in business.
Bessemer has spent $1 billion on startups so far to fulfill a plan announced two years ago.
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