PVC SaaS Index™ | Q2/25 – SaaS Multiples Rebounding Aman Verjee 06.17.25 IPOPublic MarketsPVC SaaS IndexSecondary SaaS multiples, once peaking at 18–19X in 2021, have rebounded to 7.0X in Q2/25 after a volatile period, signaling a return to their historical 7–9X range amid improving market sentiment.
PVC SaaS Index™ | Q1/25 – Market Uncertainty Aman Verjee 04.10.25 IPOPublic MarketsPVC SaaS IndexSecondary IPOs have stalled, M&A activity has dropped, and secondaries are becoming a more common exit route.
