What Florida Funders does

Florida Funders is a Tampa, Florida-based venture capital firm and accredited investor network that invests in early-stage B2B SaaS technology companies across the United States, with concentration in the Southeast region. Founded in 2013 and operating as Florida Funders LLC, the firm manages approximately $300 million in assets under management across three funds — currently investing out of its third fund (FLF Fund 3), with a planned December 2026 close. The firm has invested in 115 portfolio companies as of April 2026 and maintains a network of more than 2,000 accredited investors. It is led by Managing Partner Saxon Baum (appointed January 2026) and recognized as the most active venture capital firm in the Southeast US per PitchBook-NVCA data.

The firm's product platform comprises three investment vehicles: the FLF Fund (institutional VC fund charging management fees and carry), Portfolio Select VIP (a deal-by-deal program with a $50,000 minimum and reduced fees), and the FLF Investor Network (an accredited-investor network offering SPV-based co-investment from $5,000 per deal alongside fund-backed deals and FLF Alts later-stage pre-IPO offerings). The technical stack supporting these vehicles includes a self-serve investor portal at portal.floridafunders.com (using SEC Rule 506(b) self-accreditation), a Getro-powered talent network and job board at jobs.floridafunders.com connecting candidates to 83 portfolio companies, a HubSpot-implemented newsletter subscription funnel, and content products including The Founder Playbook video series and the FLF blog. Supporting infrastructure includes a Venture Partner Program (with Mark Steele, Corey Hynes, and Slater Bayliss), an FLF Cybersecurity Advisory Board launched in March 2026, and a DragonflyOP operator partnership for portfolio support.

The business model is a hybrid VC/investor-network model generating revenue through traditional fund management fees on AUM, SPV-based transaction fees on Investor Network deals, and carried interest on successful exits. Distribution is direct to LPs, family offices, and high-net-worth individuals through a self-serve portal and inside sales motion, with no third-party resellers. The firm targets pre-seed to Series B stage companies in Fintech, AI, Digital Health, Sports & Entertainment, Future of Work, E-commerce, and Cybersecurity, providing not only capital but also access to the 2,000+ investor network, media amplification, and a founder community centered on operator knowledge-sharing. Recent portfolio outcomes include Intecrowd exit at 1.3X MOIC (Q1 2026), Worth AI Series A at 1.4X MOIC, and Iris AI bridge-to-Series A at 1.62X MOIC.

Name

Florida Funders

Legal name

Florida Funders LLC

Website

https://floridafunders.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Florida Funders is a Tampa-based venture capital firm and accredited investor network investing in early-stage B2B SaaS technology companies across the US, with Southeast regional concentration, via a $300M AUM fund platform and 2,000+ investor network.

Ownership category

akta.pro rank

Product category

Venture Capital / Early-Stage Investment

NAICS

Other Investment Pools and Funds (5259), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Early-Stage Venture Capital (Series A/B) (FSANAAAB)

Keywords

• Venture capital funds
• Early-stage investing
• Accredited investor network
• SaaS startup funding
• Pre-IPO alternative investments

Headquarters

HQ city

Tampa

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. FLF Fund (Institutional Venture Capital Fund): Institutional venture capital fund (currently investing out of Fund 3) charging management fees and carrying interest on the professionally managed diversified portfolio of early-stage technology investments.
2. FLF Portfolio Select (VIP Investment Program): Deal-by-deal VIP investment program with $50K minimum and reduced fees, allowing investors to curate their own portfolio from network deals via SPVs.
3. FLF Investor Network (Angel/Syndicate Platform): Accredited investor network platform offering access to fund-backed early-stage deals and FLF Alts (later-stage pre-IPO offerings), starting at $5K per deal with no upfront commitment. Capital deployed through special purpose vehicles (SPVs) pooling multiple investors.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Florida Funders is a Tampa-based venture capital firm that combines an institutional fund (FLF Fund 3) with a curated network of 2,000+ accredited investors to deploy early-stage capital into B2B SaaS and technology companies across the U.S., with a concentration in the Southeast. The firm offers multiple participation pathways, including fund-based commitments, deal-by-deal co-investments via Portfolio Select, and later-stage or pre-IPO exposure through FLF Alts.

Product overview

Florida Funders is a venture capital firm, not a traditional SaaS product company: its "products" are three coordinated investment vehicles plus supporting platforms. The core offering is the FLF Fund (currently Fund 3), an institutional early-stage B2B SaaS venture fund. It is supplemented by Portfolio Select, a VIP deal-by-deal program with a $50K minimum, and the FLF Investor Network, which lets accredited investors co-invest via SPVs starting at $5,000 per deal and access FLF Alts (later-stage / pre-IPO deals). Around these investment vehicles, Florida Funders operates supporting platforms: a Talent Network / Job Board (jobs.floridafunders.com, powered by Getro) connecting candidates with portfolio companies, an investor portal (portal.floridafunders.com), a newsletter, a Venture Partner Program, a Cybersecurity Advisory Board, and content products such as The Founder Playbook video series and the FLF blog. Together, the fund, the curated portfolio, the investor network, and the talent/content platforms form a unified "venture capital plus investor network" platform designed to back, support, and connect early-stage SaaS founders.

Differentiator

Problem solved

Functional benefit

Brands

• FLF Fund: Florida Funders' institutional venture capital fund, currently investing out of its third fund, focused on high-growth, early-stage technology companies.
• Portfolio Select (VIP Investment Program)
• FLF Investor Network
• FLF Alts
• FLF Cybersecurity Advisory Board

Products and services

• FLF Fund 3
• Portfolio Select (VIP Investment Program)
• FLF Alts
• FLF Investor Network & Portal
• FLF Talent Network / Job Board

Quantifiable outcome

• Invested in 115 companies and manages ~$300M in assets
• +5 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature3 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• FLF Cybersecurity Advisory BoardcoreStrategic or Co-development Partner · 2 March 2026Florida Funders launched an internal FLF Cybersecurity Advisory Board in March 2026 to support portfolio companies and investment strategy in the cybersecurity vertical — one of FLF's core focus areas.
• Dragonfly Operations Partners (DragonflyOP)coreImplementation/ SI/ Consulting Partner · 5 June 2025Florida Funders partnered with DragonflyOP's Elite Operators to supercharge the portfolio, providing operational expertise and an operator-first model to portfolio companies for faster scaling.
• Slater Bayliss (Venture Partner)coreStrategic or Co-development Partner · 2 June 2025Slater Bayliss joined as Florida Funders Venture Partner in June 2025, supporting deal evaluation and portfolio strategy.
• Getro Inc.coreTechnology or Integration · 1 December 2024Getro Inc. powers the Florida Funders job board at jobs.floridafunders.com, including the talent network, company directory, job listings, and cookies policy. The cookies used on this job board are managed by Getro Inc., but data processing is undertaken on behalf of Florida Funders.
• Corey Hynes (Venture Partner)coreStrategic or Co-development Partner · 19 November 2024Corey Hynes joined as Florida Funders Venture Partner in November 2024, supporting deal evaluation and founder support.
• Mark Blumenthal (Author / First Principles Thinking)minorGTM or Marketing Partner · 3 October 2024First Principles Thinking for Tech Founders blog series featuring content collaboration with Mark Blumenthal supporting the firm's founder education platform.
• Mark Steele (First Venture Partner)coreStrategic or Co-development Partner · 10 September 2024Mark Steele became Florida Funders' first Venture Partner in September 2024, launching the Venture Partner Program to support founders and deal evaluation.
• Maria Derchi Russo (Board Member content)minorGTM or Marketing Partner · 5 September 2024How to be an Effective Startup Board Member guest blog content collaboration supporting founder education content on the FLF blog.
• Tom Wallace (Founder community content)minorGTM or Marketing Partner · 31 May 2024Part 2: Building Community and Connection as a Founder guest blog content collaboration supporting founder community content on the FLF blog.
• Andreessen Horowitz (a16z) Speedrun AcceleratorcoreStrategic or Co-development Partner · 1 January 2024Florida Funders maintains a co-investment relationship with a16z (Speedrun accelerator and broader fund), with portfolio companies securing strategic investments from a16z (e.g., Manifest in Q2 2025) and FLF frequently investing alongside a16z-led rounds in Fund 3 portfolio.
• Amy Wu (Founder mental health content)minorGTM or Marketing Partner · 16 December 2023Part 1: Prioritizing Mental Health guest blog content collaboration supporting founder wellness content on the FLF blog.
• Tom Wallace (Managing Partner, historical)coreStrategic or Co-development PartnerTom Wallace referenced as Managing Partner at Florida Funders in historical investor spotlight content; transitioned leadership to Saxon Baum in January 2026.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Active Capital: San Antonio-based, but with similar early-stage B2B SaaS focus and SE US geographic emphasis. Directly comparable as an early-stage operator-led VC firm targeting the same regional opportunity, similar check sizes (typically pre-seed to seed), and similar portfolio support model.
• Alumni Ventures: Network-based VC firm that pools capital from large accredited investor communities into diversified early-stage portfolios, mirroring FLF's Investor Network model. Rachael Ferm (FLF Director of Investments) previously deployed capital across 70+ deals at Alumni Ventures, indicating overlapping deal-flow and LP-acquisition playbooks.
• Republic: Retail-accessible investment platform that uses SPVs to let accredited and non-accredited investors co-invest in private companies, comparable to FLF's Investor Network's $5K-minimum SPV-based deal access. Both combine a curated deal pipeline with a large investor community, though Republic extends to non-accredited investors.
• Right Side Capital Management: Early-stage lead investor focused on pre-seed and seed rounds in B2B SaaS, fintech, and digital health — overlapping heavily with FLF's stated sector focus. Comparable check sizes, syndicated-deal model, and accredited-investor-driven portfolio construction.
• Goodwater Capital: Early-stage consumer/tech VC that participated in FLF portfolio rounds (e.g., Emobi seed alongside FLF). Comparable in stage focus and B2B SaaS/tech deal selection, often co-investing with FLF in Southeast deals.
• Mana Ventures: Early-stage AI-focused VC that co-invested alongside FLF in RapidFort. Comparable in stage (pre-seed to Series A), sector focus on enterprise tech/AI, and willingness to lead or follow regional rounds alongside other emerging managers.

Broad incumbents

• Techstars: Global early-stage accelerator/VC with network-driven deal flow and a large portfolio of B2B SaaS startups, comparable in stage focus (pre-seed to seed) and operator-led value-add model. Significantly larger and more established but competes for the same founder and LP pool in the early-stage ecosystem.
• 500 Global: Global early-stage VC and accelerator running multiple funds with a large diversified portfolio of early-stage tech investments. Comparable in pre-seed to Series A focus and network-driven sourcing, though 500 Global operates globally while FLF is regionally concentrated.
• AngelList Venture: Roll-up venture platform providing deal syndication, SPV formation, and investor management for emerging managers and angel networks. Comparable in providing the underlying SPV infrastructure that FLF uses for its Investor Network, and competes for the same emerging-manager LP dollar.

Regional players

• Tampa Bay Wave: Tampa-based tech startup accelerator supporting early-stage companies in the Tampa Bay region, directly overlapping FLF's geographic focus. Both organizations are core anchors of the Tampa startup ecosystem and frequently interact with the same founder community.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/playlist?list=PLVqMSZEpXRdx5kKfhvyp3Ebi87-eMYIoV
• LinkedInlinkedin.com/company/floridafunders
• Xx.com/FloridaFunders
• Facebookfacebook.com/flfunders

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments151 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Florida Funders