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Free Tool

Burn Multiple
Calculator

Calculate your burn multiple - the key metric VCs use to measure capital efficiency. A lower burn multiple means you're spending wisely to grow.

Your Metrics

$

Total cash burned (expenses - revenue) in the period

$

New ARR added (new + expansion - churned - contraction)

Enter your burn and ARR growth to calculate burn multiple

Burn Multiple Benchmarks

Under 1x = Exceptional

You're adding more ARR than you're burning. This is rare and highly attractive to investors.

1-2x = Good

Solid efficiency. Most well-run SaaS companies fall in this range during growth phase.

2-3x = Needs Improvement

Below average. Focus on either reducing burn or accelerating growth before fundraising.

3x+ = Concerning

High burn relative to growth. Investors will be skeptical. Prioritize efficiency immediately.

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