SaaStr Fund
SaaStr Fund is a $200 million venture capital firm that invests $750,000–$5 million in seed and Series A rounds of post-revenue B2B and AI software companies, operating alongside the world's largest B2B + AI founder community of 250,000+ members.
- Company typePrivate
- Founded2012
- HeadquartersPalo Alto, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What SaaStr Fund does
SaaStr Fund is a $200 million venture capital vehicle that invests exclusively in early-stage B2B and AI software companies, writing checks of $750,000 to $5 million in seed and Series A rounds of post-revenue, break-out stage businesses. The fund is operated by founder Jason Lemkin and is structurally embedded in the SaaStr community, the world's largest B2B + AI founder ecosystem with more than 250,000 members, access to 800+ venture capitalists, and 10,000+ executives. Its investment thesis centers on 'Outsiders + Outliers' — founders who built companies through product traction rather than pedigree — with a portfolio that includes Salesloft ($2.3B exit to Vista Equity Partners), Talkdesk ($10B valuation), Pipedrive ($1.5B acquisition), Algolia ($2.3B valuation), Gorgias ($800M), RevenueCat ($500M), Logikcull ($280M), and Owner ($1B+), alongside newer AI-native bets such as Higgsfield and Consio AI.
The underlying technology stack combines the SaaStr AI community platform with a suite of free AI-powered tools for founders: an AI Pitch Deck Analyzer that reviews fundraising materials in seconds, a VC Matchmaking service that routes founders to investors by stage and ICP, an AI Mentor, a Valuation Calculator, an ARR Growth Planner, a Startup Benchmarking tool, and an AI Agent that connects portfolio companies with senior go-to-market operators from the VIP GTM Network (250+ CROs, 400+ VPs of Sales, 200+ CMOs, 150+ VPs of Demand Gen). These tools function simultaneously as value-add resources for founders and as deal-flow and triage mechanisms for the fund.
Revenue is generated through conventional venture fund mechanics — management fees on committed capital and carried interest on realized exits — rather than fees charged to portfolio companies. The fund deploys roughly 4-5 investments per year with a fast decision cadence, reads every inbound pitch, and has historically returned 10x+ on investments with 5 of its first 6 seed bets achieving unicorn or decacorn status. The broader SaaStr ecosystem monetizes adjacent lines through events (SaaStr AI Annual, SaaStr AI London), content distribution, and AI tools, though the management company's revenue is not separately disclosed.
SaaStr Fund firmographics
Firmographics- Name
- SaaStr Fund
- Legal name
- SaaStr
- Website
- https://saastrfund.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- SaaStr Fund is a $200 million venture capital firm that invests $750,000–$5 million in seed and Series A rounds of post-revenue B2B and AI software companies, operating alongside the world's largest B2B + AI founder community of 250,000+ members.
- Ownership category
- akta.pro rank
SaaStr Fund industry classification
Industry- Product category
- Venture Capital
- NAICS
- Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Venture Capital Fundraising Placement (FSAEALAC)
Keywords
Where SaaStr Fund is headquartered
LocationHeadquarters
- HQ city
- Palo Alto
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
SaaStr Fund business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Technology or R&D, Operations, Infrastructure
Revenue model
- Investment Returns: SaaStr Fund generates returns through equity investments in early-stage B2B + AI companies. They invest $750k-$5m per company and generate returns upon portfolio company exits or IPOs. Their track record shows 10x+ returns over history with 5 out of 6 first seed investments becoming unicorns and decacorns.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | $750k-$5m investments in Seed and Series A rounds |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
SaaStr Fund product offering
Product offeringCore offering
SaaStr Fund is a $200 million venture capital fund that invests $750k–$5m per company in seed and Series A rounds into post-revenue, break-out stage B2B + AI software startups. The fund is anchored by the world's largest B2B + AI founder community of 250,000+ members and pairs capital with go-to-market support, hiring assistance, and investor-network introductions for portfolio founders.
Product overview
SaaStr Fund is a $200 million venture capital fund focused exclusively on B2B + AI startups, writing $750k–$5m checks at seed and Series A stages for post-revenue companies. The fund operates alongside the broader SaaStr AI ecosystem — the world's largest B2B founder community with 250,000+ members — and offers a suite of free tools including the AI Pitch Deck Analyzer, VC Matchmaking, API Report Card, Valuation Calculator, Startup Benchmarking, ARR Growth Planner, AI Mentor, and 20VC Pitch. These tools are positioned as value-add resources for founders and as lead generation for the fund's investment activities. The fund's investment thesis centers on 'Outsiders + Outliers' founders building AI-native business software.
Differentiator
Problem solved
Functional benefit
Brands
- SaaStr AI Fund: $200m VC fund focused on B2B + AI startups at seed and Series A stages
- SaaStr AI
- VIP GTM Network
- Pitch Deck Analyzer
- AI University
- The Agents Podcast
- SaaStr AI Annual
- SaaStr AI London
Products and services
- SaaStr Fund A $200 million venture capital fund that invests $750k–$5m checks into post-revenue, early-stage B2B + AI companies at seed and Series A stages. Targets founders described as 'Outsiders + Outliers' and provides go-to-market support, hiring assistance, and investor-network access.
- AI Pitch Deck Analyzer
Quantifiable outcome
- 10x+ investment returns over history
- +1 more outcomes
Companies that use SaaStr Fund
Customer profileNamed customers10 records
Segments1 record
Ideal customer profiles1 record
SaaStr Fund technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
SaaStr Fund partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- 20VCcorePartnership with Harry Stebbings' 20VC for pitch deck analysis and promotion. Harry Stebbings is quoted as saying 'Jason is the best equipped investor for an agent-first world.' Includes co-branded 20VC Pitch tool on the SaaStr platform.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
SaaStr Fund competitors and assessment
Company assessmentDirect peers
- Costanoa Ventures: Costanoa is an early-stage B2B SaaS investor with operator networks and seed/Series A focus. Comparable to SaaStr Fund in stage orientation, vertical focus, and founder-support value-add approach.
- Scale Venture Partners: ScaleVP is a B2B SaaS-focused VC investing across seed, early, and growth stages with an emphasis on cloud and AI-enabled enterprise software. Directly comparable in vertical specialization and check-size discipline.
- Work-Bench: Work-Bench is an enterprise software-focused seed VC with a strong community/sales workshop model. Directly comparable to SaaStr Fund in stage focus, vertical specialization, and community-led deal sourcing approach.
- Emergence Capital: Emergence is a B2B SaaS-specialist VC that invests from seed through growth, with deep operator networks and a thesis-centric approach to enterprise software investing. Closely comparable to SaaStr Fund in focus area, operator-driven value-add model, and stage orientation.
- First Round Capital: First Round is a seed-stage VC with a strong community-driven brand and operator network for early-stage founders. Directly comparable to SaaStr Fund in stage focus, founder community emphasis, and seed-led approach.
Broad incumbents
- Insight Partners: Insight is a major B2B SaaS investor known for large growth-stage checks and the ScaleUp industry research. Comparable in B2B SaaS specialization, though typically investing at later stages and larger check sizes than SaaStr Fund.
- Battery Ventures: Battery is a long-standing enterprise software and B2B-focused investor covering seed to growth stages globally. Comparable to SaaStr Fund in vertical focus and operator-network value-add, though operating at significantly larger fund sizes.
- Sapphire Ventures: Sapphire is a B2B SaaS-focused investor spanning early to growth stages with significant LP capital. Comparable in vertical focus and enterprise software thesis, though typically writing larger checks than SaaStr Fund.
- Bessemer Venture Partners: Bessemer is one of the most established cloud and B2B SaaS venture investors, with a long track record of leading SaaS rounds from seed through growth. Comparable to SaaStr Fund in its deep B2B SaaS focus, though operating at significantly larger fund sizes and broader stage coverage.
- Accel: Accel is a global VC with a strong early-stage B2B SaaS franchise and deep enterprise software portfolio. Comparable in vertical focus and stage coverage at the early end, though operating across consumer and broader tech.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
SaaStr Fund social profiles
Digital presenceSaaStr Fund financial estimates
Financial estimateRevenue estimate
Valuation estimate
SaaStr Fund leadership team
Management profileNumber of profiles
Profiles1 record
SaaStr Fund funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SaaStr Fund M&A and investment
M&A and investmentM&A
Investments22 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SaaStr Fund
What does SaaStr Fund do?
SaaStr Fund is a $200 million venture capital fund that invests $750k–$5m per company in seed and Series A rounds into post-revenue, break-out stage B2B + AI software startups. The fund is anchored by the world's largest B2B + AI founder community of 250,000+ members and pairs capital with go-to-market support, hiring assistance, and investor-network introductions for portfolio founders.
Is SaaStr Fund a public or private company?
SaaStr Fund is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was SaaStr Fund founded?
SaaStr Fund was founded in 2012. It employs 11 to 50 people.
Where is SaaStr Fund based?
SaaStr Fund is headquartered in Palo Alto, United States, in the North America region.
How does SaaStr Fund make money?
One revenue line is on record: investment Returns.
Who are SaaStr Fund's main competitors?
Direct peers on record are Costanoa Ventures, Scale Venture Partners, Work-Bench, Emergence Capital and First Round Capital. Broad incumbents are Insight Partners, Battery Ventures, Sapphire Ventures, Bessemer Venture Partners and Accel.
Does SaaStr Fund have an API?
No public API is recorded for SaaStr Fund.
What industry is SaaStr Fund in?
SaaStr Fund's product category is Venture Capital. Its primary akta.pro industry code is FSAEALAC, Venture Capital Fundraising Placement. Its NAICS code is 523940 and its SIC code is 6282.