Glossary · Market

Serviceable Obtainable Market (SOM)

SOM is the realistic slice of SAM you can win in the next 1–3 years given competition and go-to-market capacity.

Quick definition

SOM is the realistic slice of SAM you can win in the next 1–3 years given competition and go-to-market capacity.

Definition

SOM is the honest number: how much revenue you can actually close, given your team size, capital, competition, and channels. It's the market share you can defensibly capture in a realistic time horizon. Investors care most about SOM because it's the only number tied to the plan you're actually funding.

Formula

SOM ≈ SAM × (realistic share you can win in 1–3 years)

Worked example

SAM of $7.9B × 0.5% obtainable share in 3 years = ~$40M ARR potential. That maps to a Series A/B trajectory.

Common mistakes

  • Using the '1% of a huge market' heuristic — investors will discount this immediately.
  • Not tying SOM to a real GTM plan: sales rep capacity, marketing budget, sales cycle length.

Frequently asked questions

Most seed-stage plans target 0.1–1% of SAM within 24–36 months, tied to a concrete channel mix.

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Glossary

Total Addressable Market (TAM)

TAM is the total annual revenue opportunity for a product if it captured 100% of its market.

Glossary

Serviceable Addressable Market (SAM)

SAM is the slice of TAM you can actually serve with your product, geography, language, and channel today.

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Put this into practice

Run a full validation and see this metric in your report.

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