Haatch data shows vertical SaaS revenue growth holds at 41% despite AI disruption fears
XLK•Funding split widened in H1 2026
Funding skew widened in H1 2026: vertical AI drew 63% of AI deals but only 13% of capital; general platforms took 71%.
The conclusion shifted the risk focus from “vertical vs horizontal” to system-of-record depth, arguing specialist tools retain defensible customer context for AI agents.
Haatch analysis points to continued revenue growth in early-stage SaaS
Haatch analysis found early-stage software revenues kept rising through the “SaaSpocalypse” selloff, including vertical SaaS businesses.
Across portfolio companies with at least GBP 100,000 annual revenue in July 2025, 82% grew over 12 months; median growth was 41%.
Industry-specific software matched broader performance, with 41% median growth; 92% of those above GBP 250,000 revenue grew, with median growth of 53%.
