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RAC’s Private Software Growth Index: March 2026

Every year, we have the privilege of meeting with hundreds of software companies, many of them in our ‘sweet spot’ of $2.5-$15 million in annual revenue. From those conversations and screens, we’ve assembled the RAC Private Software Growth Index, a set of key performance indicators aggregated across the 400+ companies we’ve reviewed in detail.

We update this Index each month on a rolling Last Twelve Month basis and use it as a benchmark to help drive priorities within our portfolio, and we hope you’ll find it useful as well. The data set is differentiated as it comes from data calculated directly from a company’s financial statements and exclusively tracks growth-stage, business-to-business software companies.

Here's what's that Index looks like for last month: 

042726_PSGI_OffRAC_1000x1047

To learn more about the Private Software Growth Index and how it was constructed, please see the disclosure at the bottom of this post.

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*disclosures
The Private Software Growth Index is calculated by RAC, from information compiled from third party resources. There can be no assurance that the underlying data provided to RAC is accurate. The Private Software Growth Index is calculated only from a subset of private B2B software companies in the $2.5-15M ARR range, and therefore may not be representative of all companies of this type and size.

None of this information or metrics shown or other product or service constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy. Further, none of the information or metrics is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.

The information is provided "as is" and the user of the Information assumes the entire risk of any use. RIVERSIDE, RIVERSIDE ACCELERATION CAPITAL AND THEIR AFFILIATES DISCLAIM ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. In no event shall Riverside, Riverside Acceleration Capital and their affiliates be liable to any party for any direct, indirect, incidental, exemplary, compensatory, punitive, special or consequential damages, costs, expenses, legal fees, or losses (including, without limitation, lost income or lost profits and opportunity costs) in connection with any use of the information even if advised of the possibility of such damages.
Jim Toth
Jim Toth
Managing Partner
04/27/2026
Category:
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