SaaS Capital
Venture debtSeattle · Series A–Growth · 10 people tracked
Investment thesis
SaaS Capital focuses exclusively on lending to SaaS and subscription-AI application businesses. It offers non-dilutive credit facilities, notably an MRR-based line of credit with high availability, few covenants, and long commitment periods, structured to minimize dilution while scaling with the company. The firm targets 'scale-up' companies with $3 million or more in ARR, which do not need to be profitable or venture-backed but should demonstrate solid customer retention. Leveraging over a decade of proprietary research and having funded more than 100 companies, SaaS Capital emphasizes a transparent, tailored underwriting process and quick decisions, typically funding within about five weeks.
Source: firm website, verified Aug 3, 2026.
Team · 10 people
from the firm's website
Brings 14 years of investment management and advisory experience across public and private markets. Formerly junior partner and COO at Whitmore Capital Management and an advisor at Crosswater Advisors.
Focuses on alternative financing, fintech, and venture capital. Formerly a partner at Voyager Capital leading its Western Canada practice, founder of fintech startup Simple Verity, and first head of finance and credit at Lighter Capital.
Specialty debt lender and startup executive with background in venture capital, investment banking, and economic consulting. Previously a senior executive at Lighter Capital, an MBA intern at Voyager Capital, and a commodities analyst at Wood Mackenzie.
Specialty debt lender and startup founder/operator with experience in family office and investment banking. Previously at Bigfoot Capital, Epacria Capital Partners, Flyline Ventures, Aratana Therapeutics, and Stephens Inc.
Senior technology executive with broad experience in infrastructure, technology assessment, and product development.
Partner and Managing Director at DH Capital with more than 25 years of investment and commercial banking experience.
Marketing and digital strategy professional with experience executing in both B2B and B2C environments.
Alternative financing specialist with 15 years of investment and M&A experience and an advisor to two Midwest-focused micro venture funds.
Serial entrepreneur with 20 years of debt and equity experience who has managed, grown, and exited early-stage companies. Involved with SaaS Capital since 2006.
Finance professional with 16 years in the field, including experience managing multiple VC/PE funds.
What they invest in
from 14 of 109 portfolio companiesSaaS ×10Enterprise Software ×9Healthtech ×5AI & Machine Learning ×4HR Tech ×3Marketing Tech ×3Cloud Computing ×2Data & Infrastructure ×2
HQs:United States×12
Investments · 109 tracked
founders shown can be your intro pathCinematic Health provides online caregiver training programs for certified nursing assistants (CNAs), home health aides (HHAs), and personal care aides using narrative-driven video content.
EdTechHealthtechHR Tech
Clinicient provides an electronic medical record (EMR) platform designed for rehabilitation therapy organizations including physical therapy, occupational therapy, and speech-language pathology providers.
Enterprise SoftwareHealthtechSaaSPortland, US
Richard G Jung(Executive Officer, Director)Philip L Reed(Director)A Todd Clapp(Director)Steven G Sipowicz(Executive Officer)Susan G Bihler(Director)
EveryoneSocial provides analytics and audience insights for company social media posts, showing which audiences are reached and comparing performance across company, executive, and staff accounts.
Enterprise SoftwareMarketing TechSaaSSocialSalt Lake City, US
Graduway is a branded digital platform that enables institutions to engage alumni through networking, career mentoring, event management, and integrated fundraising tools.
EdTechEnterprise SoftwareSaaS
Health Recovery Solutions provides EHR-integrated remote patient monitoring (RPM) technology and clinical services to healthcare organizations for managing high-risk patients and reducing hospital readmissions.
Digital HealthHealthtech
Imgix provides image optimization and processing technology that enables customers to deliver, transform, and optimize visual content across digital platforms.
Cloud ComputingData & InfrastructureDeveloper ToolsEnterprise SoftwareMarketing TechSaaSSan Francisco, US
Chris Zacharias(Founder/CEO)inKunal Shah(Chief Operating Officer)Alfonso Acosta(Head of Engineering)
Indinero is an accounting and financial advisory firm that provides CPAs, CFOs, and controllers to help growing businesses with accounting, tax management, and strategic financial insights.
AI & Machine LearningEnterprise SoftwareFintechSaaSSan Francisco, US
Andy Su(Founder/CTO)in
Intradiem provides real-time workforce automation software for large enterprises in industries like insurance, healthcare, banking, and energy.
AI & Machine LearningEnterprise SoftwareHR TechAlpharetta, US
Don Aquilano(Director)Larry Freed(Director)Matthew McConnell(Executive Officer, Director)Mark Koulogeorge(Director)Donald Walker(Director)Timothy Mann(Director)
Frequently asked questions
- What stage does SaaS Capital invest at?
- SaaS Capital invests at the Series A, Series B, Growth stages.
- What sectors does SaaS Capital focus on?
- SaaS Capital focuses on AI & Machine Learning, Enterprise Software, SaaS.
- Where is SaaS Capital located?
- SaaS Capital is headquartered in Seattle, US.
Media · Podcasts & interviews
featuring the teamHow much revenue does channel create for SaaS (Rob Belcher, SaaS Capital) - YouTube
Cloud Software Association · Rob Belcher
Images
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