14 Best Venture Capital Firms For Saas Startups

When you're preparing to raise capital for your Software-as-a-Service business, understanding the investor community is essential. Not all venture capital firms are the same, and finding one that specializes in the SaaS model can make a significant difference in your fundraising process.

To help you find the right partners, our team has curated this guide to some of the top SaaS VC firms. We've focused on investors active across different funding rounds, from early-stage to later-stage, to help you quickly identify who might be a good fit for your company.

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Which VC Firms in SaaS Are Right for Your Stage?

From early-stage funding to preparing for an exit, knowing who to talk to is key. We've put together a quick summary of SaaS VC firms and the stages they focus on.

Pre-seed and Seed VC Firms in SaaS

Pre-seed and seed funding are the earliest forms of capital, intended to help you turn an idea into a viable product and achieve initial market traction. Some seed stage VC firms that focus on SaaS include New York-based Work-Bench and Silicon Valley's Uncork Capital, while SaaS Ventures is another active software investor at this stage.

Early Stage VC Firms in SaaS

Early-stage funding, which typically includes Series A and Series B rounds, is for companies with a proven product and growing customer base looking to scale their operations. For founders at this point, early stage venture capital firms like Illuminate Ventures and Houston-based Mercury are worth considering, along with Leap Global Partners, which invests across the Americas.

Late Stage VC Firms in SaaS

Late-stage capital is designed for established companies preparing for major growth, an acquisition, or an initial public offering (IPO). Major venture capital firms active in this space include Salesforce Ventures, the corporate venture arm of Salesforce, and Fin Capital, which specializes in B2B Fintech software.

It's also worth noting that some VC firms invest across all startup funding stages.

To help you find the right partner, we've compiled a detailed overview of top VC firms specializing in SaaS, including key information on their investment stages, geographic focus, and what makes each firm a compelling choice for founders.

1. Uncork Capital

Uncork Capital has been a fixture in Silicon Valley since 2004, establishing itself as one of the area's most experienced seed-stage investors. They position themselves as a trusted partner for founders from the very beginning of their journey.

The firm has a strong track record in SaaS, consumer, and marketplace businesses, with notable early investments in companies like Postmates and Eventbrite. Their focus is on being a founder's first institutional check and providing guidance through major milestones, including acquisitions and IPOs.

This firm is a great choice if you're a seed-stage founder looking for an investor with deep experience taking companies from idea to exit. Their portfolio suggests a strength in backing businesses with clear paths to widespread adoption.

• Investment stages: Seed, early-stage, and late-stage venture
• Industries of focus: SaaS, Consumer, Financial Services, Marketplace
• Geographical presence: Based in San Francisco, California
• Founded: 2004
• Notable portfolio companies: Postmates, Eventbrite, Fitbit, SendGrid
• Number of investments: Over 430

You can refer to their website here.

2. Salesforce Ventures

As the corporate venture capital arm of Salesforce, Salesforce Ventures invests in enterprise technology companies. Their goal is to back founders who are building new ways for businesses to connect with their customers.

The firm invests across the entire company lifecycle, from seed rounds to post-IPO deals, which is a distinct approach for a corporate VC. Their portfolio includes major names like HubSpot and MongoDB, showing a focus on B2B software that can achieve significant scale.

Salesforce Ventures is an ideal partner if your company operates in the enterprise software space and could benefit from the Salesforce ecosystem. Their ability to support companies from early stages through to public markets makes them a valuable long-term investor.

• Investment stages: Seed to post-IPO and private equity
• Industries of focus: Enterprise Software, SaaS, Financial Services
• Geographical presence: Based in San Francisco, California
• Founded: 2009
• Notable portfolio companies: HubSpot, MongoDB, Robinhood, Airwallex
• Number of investments: Over 790

You can refer to their website here.

3. Work-Bench

Work-Bench is a New York-based venture capital firm that concentrates on seed-stage investments in enterprise software companies. They are known for backing businesses that build technology for other businesses.

The firm has a clear focus on the B2B enterprise market, backing companies from their earliest stages. Their portfolio includes high-growth companies like the digital identity platform Socure and mental health benefits provider Spring Health.

Work-Bench could be a great partner if you are an early-stage founder building an enterprise software company. Their specific focus means they bring deep industry knowledge to the table for B2B startups.

• Investment stages: Seed, early-stage, and late-stage venture
• Industries of focus: Enterprise Software, B2B, SaaS, Financial Services
• Geographical presence: Based in New York, NY
• Founded: 2013
• Notable portfolio companies: Socure, Spring Health, Dialpad, Cockroach Labs, VTS
• Number of investments: 76
• Number of exits: 15

You can refer to their website here.

4. Fin Capital

Fin Capital is an asset management firm with a clear focus on B2B fintech software. Based in San Francisco, they back companies globally that are building foundational financial technology.

What's notable is their flexible investment approach, supporting companies from seed rounds all the way to private equity deals. Their portfolio includes major fintech players like Circle and SoFi, showing a focus on businesses with the potential for significant market impact.

This firm is a strong match if you're a B2B fintech founder looking for a long-term financial partner. Their ability to invest across a company's entire lifecycle makes them a compelling choice for businesses with ambitious growth plans.

• Investment stages: Seed, early-stage, late-stage, and private equity
• Industries of focus: B2B Fintech, Enterprise Software, SaaS
• Geographical presence: Based in San Francisco, California
• Founded: 2018
• Notable portfolio companies: Circle, Chime, SoFi, SumUp, Unqork
• Number of investments: 133
• Number of exits: 10

You can refer to their website here.

5. Script Capital

Script Capital is a venture firm based in San Francisco that concentrates on early-stage investments in software and internet businesses. They provide foundational funding for companies at the beginning of their growth journey.

The firm has a strong record of backing companies that achieve successful exits through acquisition by major tech players, such as Zenly (acquired by Snap) and Sqreen (acquired by Datadog). Their portfolio also includes well-known brands like Patreon, indicating a focus on products with strong user appeal.

Script Capital is a solid choice if you are an early-stage founder in the software or internet space. Their track record suggests they are particularly adept at identifying companies that become valuable acquisition targets for established tech leaders.

• Investment stages: Seed, Early Stage Venture
• Industries of focus: Software, SaaS, FinTech, Big Data, Internet of Things
• Geographical presence: Based in San Francisco, California
• Founded: 2016
• Notable portfolio companies: Patreon, Zenly (acquired by Snap), Sqreen (acquired by Datadog)
• Number of investments: 56
• Number of exits: 9

You can refer to their website here.

6. Amino Capital

Amino Capital is a venture firm based in Palo Alto that invests in early-stage companies, with a strong focus on businesses driven by data and artificial intelligence. The firm has been recognized by Forbes on its Midas Seed List, signaling its success in identifying promising startups.

The firm's clear concentration on AI and enterprise software is a defining feature, and they support companies from the seed stage onward. Their portfolio includes several high-valuation companies, such as the neobank Chime and HR platform Rippling, which shows their ability to back businesses with significant growth potential.

Amino Capital is a great match if you are a founder building a company in the AI or enterprise software sectors. Their track record suggests they are a strong partner for founders with ambitious goals who can benefit from an investor with deep technical expertise.

• Investment stages: Seed, Early Stage Venture
• Industries of focus: Artificial Intelligence (AI), Enterprise Software, SaaS, Machine Learning
• Geographical presence: Based in Palo Alto, California
• Founded: 2012
• Notable portfolio companies: Chime, Webflow, Rippling, GRAIL, Replit
• Number of investments: 164
• Number of exits: 21

You can refer to their website here.

7. SaaS Ventures

SaaS Ventures is a Miami-based venture capital fund that invests in enterprise technology companies at the seed stage. As a micro VC, they provide early, foundational capital to help startups get off the ground.

The firm has a clear focus on B2B software, with a portfolio that shows a strong track record of successful outcomes. Notable investments include cybersecurity unicorn Huntress and healthcare platform Feedtrail, which was acquired by Relias.

This firm is a good choice if you are a seed-stage founder building an enterprise software or fintech company. Their history suggests they are skilled at backing businesses that either become acquisition targets or achieve significant independent growth.

• Investment stages: Seed, early-stage venture
• Industries of focus: Enterprise Software, FinTech, SaaS, Financial Services
• Geographical presence: Based in Miami, Florida
• Founded: 2017
• Notable portfolio companies: Huntress, Feedtrail, Network Perception
• Number of investments: 124
• Number of exits: 13

You can refer to their website here.

8. Illuminate Ventures

Illuminate Ventures is an Oakland-based firm that invests in B2B enterprise software companies. They focus on businesses that deliver a rapid and measurable return on investment for their customers, targeting seed-stage companies that are already a bit further along in their development.

A key part of their approach is backing companies with clear paths to significant outcomes. Their portfolio demonstrates a history of successful exits, including the multi-billion dollar IPO of e-commerce giant Coupang and the acquisition of SaaS provider Xactly.

This firm is a strong potential partner if you're a founder of a B2B software company with early traction. Their track record is especially relevant for founders who value an investor with experience guiding companies toward major public market listings or strategic acquisitions.

• Investment stages: Seed and early-stage venture
• Industries of focus: B2B/Enterprise Software, AI, Big Data, SaaS
• Geographical presence: Based in Oakland, California
• Founded: 2010
• Notable portfolio companies: Coupang, Xactly, Opsmatic, Red Aril
• Number of investments: 65
• Number of exits: 11

You can refer to their website here.

9. Blue Bear Capital

Blue Bear Capital is a Los Angeles-based venture firm that supports companies applying AI and data-driven technologies to energy and industrial infrastructure. They invest in businesses that are modernizing these essential sectors.

The firm has a distinct focus on technology for the energy sector, backing companies that build data-driven solutions for critical infrastructure. Their portfolio includes leaders in EV charging like FreeWire Technologies and the operational cybersecurity firm Mission Secure, which was acquired in 2023.

Blue Bear Capital is an ideal partner for founders building technology for the energy, cleantech, or industrial sectors, particularly those using AI. Their ability to invest across multiple stages makes them a valuable partner for companies planning for long-term growth.

• Investment stages: Seed, early-stage, and late-stage venture
• Industries of focus: Energy, CleanTech, Industrial, SaaS, Software
• Geographical presence: Los Angeles, California
• Founded: 2016
• Notable portfolio companies: FreeWire Technologies, Mission Secure, MineralSoft, Ocient
• Number of investments: 67
• Number of exits: 4

You can refer to their website here.

10. Capria Ventures

Capria Ventures is a venture capital firm that specializes in the Global South, with a focus on investing in applied Generative AI companies. They support businesses from their early stages through to later rounds of funding.

The firm has a distinct focus on high-growth markets in the Global South, backing companies that often become regional leaders. Their portfolio includes fintech unicorns like Indonesia's Akulaku and Nigeria's Moniepoint, demonstrating their ability to identify major players in emerging economies.

Capria Ventures is a great choice if you are a founder building an applied AI company for markets in Asia, Africa, or Latin America. Their expertise in the Global South makes them a valuable partner for startups aiming for significant regional impact.

• Investment stages: Seed, early-stage, and late-stage venture
• Industries of focus: Applied Generative AI, FinTech, EdTech, AgTech, SaaS
• Geographical presence: Based in Seattle, with a focus on the Global South
• Founded: 2012
• Notable portfolio companies: Akulaku, Moniepoint, Jumbotail, Signzy
• Number of investments: 67

You can refer to their website here.

11. Contour Venture Partners

Contour Venture Partners is a New York-based seed-stage venture capital firm that invests in enterprise software and financial services companies. They specialize in providing the initial institutional capital for businesses at the very beginning of their growth.

The firm has a strong record of backing companies that achieve significant exits, including the IPO of cloud monitoring company Datadog and the acquisition of ShopKeep by Lightspeed. This history points to a skill for identifying businesses with high growth and acquisition potential.

Contour Venture Partners is a great match for seed-stage founders building enterprise SaaS or fintech companies. Their portfolio suggests they are a valuable partner for founders who are building for a large-scale outcome, whether through a public offering or a strategic acquisition.

• Investment stages: Seed, early-stage venture
• Industries of focus: Enterprise SaaS, B2B SaaS, Financial Services, Software
• Geographical presence: Based in New York, NY
• Founded: 2005
• Notable portfolio companies: Datadog, ShopKeep, SmartAsset, Ticketfly
• Number of investments: 186
• Number of exits: 30

You can refer to their website here.

12. Zane Venture Fund

Zane Venture Fund is an Atlanta-based firm that backs tech-enabled companies with a specific mission. They focus on supporting high-growth startups led by founders who are often overlooked by the broader investment community.

The firm's investment thesis centers on "the Future of Health" and backing diverse founders. Their portfolio includes companies like MDisrupt, a digital health marketplace, and ConConnect, a social-impact platform for justice-impacted individuals.

Zane Venture Fund is a compelling choice if you are a founder from an underrepresented background or are building a tech company in the health and wellness space. Their commitment to this mission makes them a key partner for founders in the Southeast and beyond.

• Investment stages: Seed, early-stage venture
• Industries of focus: Health Care, SaaS, B2B, EdTech, Wellness
• Geographical presence: Based in Atlanta, Georgia
• Founded: 2019
• Notable portfolio companies: MDisrupt, SkillCycle, ConConnect, Freeing Returns
• Number of investments: 20

You can refer to their website here.

13. LEAP Global Partners

LEAP Global Partners is a San Francisco-based firm that invests in underrepresented founders across the Americas. They focus on catalyzing innovation by backing companies in the fintech and SaaS sectors.

The firm supports companies from seed to late-stage venture, showing a commitment to long-term growth. Their portfolio includes high-growth fintechs like payments platform Finix and notable exits such as the acquisition of Yaydoo and the Wizeline investment by CDPQ.

LEAP is a strong choice if you are an underrepresented founder in the Americas building a fintech or SaaS business. Their multi-stage investment approach makes them a valuable partner for companies with long-term ambitions.

• Investment stages: Seed, early-stage, and late-stage venture
• Industries of focus: FinTech, SaaS
• Geographical presence: Based in San Francisco, with a focus on the Americas
• Founded: 2018
• Notable portfolio companies: Finix, Yaydoo, Paystand, Wizeline
• Number of investments: 21
• Number of exits: 4

You can refer to their website here.

14. Mercury

Mercury is a Houston-based, early-stage venture firm that provides capital for companies in the SaaS, cloud, and data sectors. They focus on B2B software businesses, often thematically centered on making work more sustainable and productive.

The firm has a strong history of backing companies that achieve successful exits through acquisition by major technology players. Notable examples include TrendKite, which was bought by Cision, and the mobile commerce platform Modest, acquired by PayPal.

Mercury is a compelling choice for early-stage founders building B2B software, especially those based outside of traditional coastal tech hubs. Their track record suggests they are skilled at guiding companies toward valuable strategic acquisitions.

• Investment stages: Seed, early-stage venture
• Industries of focus: SaaS, Cloud, Data Platforms, Financial Services
• Geographical presence: Based in Houston, Texas
• Founded: 2013
• Notable portfolio companies: TrendKite, Modest, Performix, Vistar Media, Label Insight
• Number of investments: 120
• Number of exits: 17

You can refer to their website here.

What This Tells Us About The VC Scene for SaaS Companies

This list of investors shows a healthy and varied funding environment for SaaS companies. One clear pattern is the strong support available at the earliest stages. Many of the most active firms focus on providing seed and early-stage capital, which is great news if you're a founder looking for your first institutional check or scaling post-product-market fit.

While traditional tech hubs like Silicon Valley and New York remain central, our list also shows a growing geographic distribution of SaaS investors. With active firms in cities like Miami, Houston, and Atlanta, you have more options for finding local or regional partners. This variety, combined with funds that have specific missions or industry focuses, suggests a well-balanced and accessible funding scene for founders.

Raise Confidently with Rho

Fundraising requires immense focus, so a targeted list of investors is invaluable. It lets you direct your limited time and energy toward the partners most aligned with your vision.

Once your round is closed, Rho can help you set up your financial stack in minutes. We make it simple to put your new capital to work right away.

Our platform offers business banking, corporate cards, and automated bill pay in one place. This gives you the tools to manage your funds efficiently as you scale your company.

FAQs about Venture Capital Firms Focused on SaaS

What are the top VC firms in NYC for SaaS?

New York is a major hub for SaaS investment. Firms like Work-Bench and Contour Venture Partners are active seed-stage investors there, focusing on enterprise software. Many other multi-stage and generalist firms also have a strong presence in the city.

Are there many European venture capital firms for SaaS?

Yes, Europe has a growing number of VCs focused on SaaS. Firms across London, Berlin, and Paris actively invest in B2B software. Many US firms also have European offices to fund companies in the region's expanding tech scene.

What is the difference between seed stage and Series A VC firms?

Seed stage VC firms provide a company's first institutional capital to validate an idea. Series A firms invest later, once a company has a proven product and early revenue, providing capital to scale operations and grow its team.

What are tier 1 VC firms for SaaS?

Tier 1 VCs are firms with a long history of backing highly successful companies. For SaaS, this includes investors known for leading major rounds and having extensive networks that can help your company grow significantly after their investment.

How can I manage my funds after closing a round?

Once your funding is secured, managing it effectively is critical. Our platform helps you set up your financial operations quickly. With Rho, you get banking, cards, and payments in one place to support your growth.