5 Fastest growing B2B SaaS Companies

This article discusses the 5 Fastest growing B2B SaaS Companies. If you want to get detailed analysis on the SaaS Business and other Fastest growing B2B SaaS Companies, you can head on to 17 Fastest growing B2B SaaS Companies.

5. MongoDB, Inc. (NASDAQ:MDB)

Year over year growth rate 2023: 33.39%

MongoDB, Inc. (NASDAQ:MDB) is a developer data platform company specializing in providing an integrated set of databases and related services to address the evolving needs of modern applications. The company’s core offerings, MongoDB Atlas and MongoDB Enterprise Advanced, constitute a comprehensive developer data platform empowering development team to meet the growing variety of application requirements.

In the twelve months ending October 31, 2023, MongoDB reported a revenue of $1.59 billion, demonstrating an impressive 33.39% year-over-year growth. The positive trend persisted in the quarter ending October 31, 2023, with revenue reaching $432.94 million and a commendable 29.77% year-over-year growth.

In a recent announcement, MongoDB, Inc. (NASDAQ: MDB) revealed its founding membership in the U.S. Artificial Intelligence Safety Institute Consortium (AISIC), established by the National Institute of Standards and Technology (NIST) under the U.S. Department of Commerce. This move underscores MongoDB’s commitment to advancing artificial intelligence safety standards and its active involvement in shaping industry initiatives related to AI safety.