The world’s fastest startup – Wiz reaches $100M ARR in just 18 months
Assaf Rappaport and his co-founders are quite used to breaking records, but this week they marked a very significant milestone – their startup, Wiz, announced that it reached $100M ARR in just 18 months, making it the fastest-growing startup in the world. Wiz’ amazing accomplishment comes at a time of a major paradigm shift in the global economy, as the markets consider ARR as a better benchmark for SaaS startups rather than valuations. Wiz revealed that it protects more than 25% of Fortune100 companies, and announced that it plans to recruit dozens of new employees in Israel and around the world.