Meritech · 15 September 2026 · Industry Analysis

Meritech Software Pulse | 11-September-2026

Meritech

Meritech's software market index shows median ARR multiples have stabilized at 4.2x post-ZIRP, with AI tailwinds creating a bifurcated market: top performers command 17.7x multiples while most software remains challenged by slow growth and AI disruption risk.

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Topics: Enterprise Software · AI (Horizontal)

Published by Meritech · their site ↗

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