Series A Retention Calculator

This Series A Retention Calculator measures customer retention and gross revenue retention over a selected period. It helps teams separate the share of customers kept from the share of recurring revenue preserved after churn and downgrades.

Enter opening customers and recurring revenue, then record customer losses, churned revenue, and contraction. The calculator reports both retention views and a monthly-equivalent revenue retention rate for cross-period comparison. Expansion revenue is excluded so the revenue result remains gross retention.

Inputs

USD
USD
USD
months
Result
Gross revenue retention
Customer retention
Gross revenue retention
Monthly-equivalent GRR
Retained revenue

1. Enter opening customers
Use the active customer count at the start of the period.

2. Record customer losses
Count customers that fully canceled during the period.

3. Enter opening revenue
Use recurring revenue from the same opening customer base.

4. Add churn and contraction
Separate full revenue churn from downgrades or reduced usage.

5. Set the period
Enter months and review customer retention and gross revenue retention.

Customer retention = (Starting customers - Customers lost) / Starting customers Gross revenue retention = (Starting revenue - Churned revenue - Contraction revenue) / Starting revenue Monthly-equivalent GRR = Period GRR^(1 / Months)

Gross revenue retention excludes expansion and new-customer revenue. Opening and loss values must refer to the same cohort and period.

What the result means

Gross revenue retention is the percentage of opening recurring revenue retained before expansion.

Net revenue retention is a different metric because it includes expansion from existing customers.

Given

  • 1,000 starting customers
  • 35 customers lost
  • $500,000 starting recurring revenue
  • $18,000 churned revenue
  • $7,000 contraction revenue

Calculation

Customer retention = 965 / 1,000 = 96.50%. GRR = ($500,000 - $18,000 - $7,000) / $500,000 = 95.00%.

Result

Gross revenue retention = 95.00%.

Revenue retention is lower than customer retention because lost and downgraded accounts carried more than the average revenue share.

Why exclude expansion revenue?

Gross retention isolates revenue preserved from the opening base. Expansion belongs in net revenue retention.

Can retention exceed 100%?

Customer retention and gross revenue retention cannot exceed 100% in this model. Net revenue retention can exceed 100% when expansion is included.

How should downgrades be entered?

Enter the recurring revenue reduction as contraction, while keeping the customer unless the account fully cancels.

Should new customers be counted?

No. Retention follows the opening cohort and excludes customers acquired during the period.

Why compare customer and revenue retention?

The difference reveals whether larger or smaller accounts are disproportionately churning or contracting.