How many investments has SaaStr Fund made?

SaaStr Fund has 19 tracked investments, 1 of which have exited, including 1 dated in the last 24 months.

What stage does SaaStr Fund invest at?

SaaStr Fund invests at the Pre-Seed, Seed, Series A, Series B stages.

Where is SaaStr Fund located?

SaaStr Fund is headquartered in Palo Alto.

Who does SaaStr Fund co-invest with?

SaaStr Fund most often shares deals with Point Nine, Accel, Andreessen Horowitz, among 28 tracked co-investors.

SaaStr Fund

Venture capital

Palo Alto · Pre-Seed–Series B · 1 people tracked

Also known as Saastr · SAASTR FUND MANAGEMENT, L.L.C.

★ Follow + Add to CRM ⤳ Find an introduction

Find your way into SaaStr Fund

144 people in our graph share verified history with the SaaStr Fund team — schools, employers, funds. One of them is your warm intro.

Max Altschulerunlockedknows Jason Lemkin · together at SaaStr Ai (overlapped)

×4knows the team · via SaaStr Ai

×4knows the team · via BabyCenter

×3knows the team · via Owner.com

✨ Fox Verdict

Investment thesis

SaaStr Fund is a $200M venture fund associated with Jason Lemkin and the SaaStr community, investing in SaaS and software startups.

Invests inAI & Machine Learning Crypto & Web3 Enterprise Software Fintech SaaSSector AgnosticEurope Global North America Palo Alto

Source: firm website, verified Sep 29, 2026.

Stage

Pre-Seed–Series B

Palo Alto

Instruments

Equity

Founded

2016

Last 12 months

1 investment

Private fund assets

$289.1M

VC funds

Tracked investments

Unicorns

Acquisitions

Team · 1 people

from the firm's website

Jason Lemkin· CEO & Founder· Palo Alto, California, United Statesin

Jason Lemkin is associated with SaaStr Fund, through which he has made eight investments to date. This page is a Q&A-style post in which he lists a subset of those investments.

What they invest in

from 15 of 19 portfolio companies

SaaS ×12AI & Machine Learning ×8Enterprise Software ×5E-commerce ×4Developer Tools ×3Marketing Tech ×3Data & Infrastructure ×2Sales Tech ×2

HQs:United States×13United Kingdom×1Norway×1

Investments · 19 tracked

founders shown can be your intro path

By year:2026 · 1 2024 · 1 2023 · 1 2022 · 3 2021 · 2 2020 · 1 2019 · 1 2018 · 2 2017 · 2 2016 · 115 dated

Owner.comowner.com in 𝕏Mar 2021✓ verified

Owner provides software for independent restaurants in the USA to drive sales and protect profits, including tools to compete with large chains.

AI & Machine LearningFoodTechMarketing TechSaaSSan Francisco, US

Dean Bloembergen(Co-Founder & CTO)in Adam Guild(Co-Founder & CEO)in Rob Lehman(President & COO)in

Board Jack Altman(Board Director)in

Board seatJason Lemkin· per SEC Form D

Co-investorsActivant Capital Headline Redpoint Ventures Transpose Platform Management Alt Capital Browder Capital +14 more

Gorgiasgorgias.com in 𝕏Mar 2018

Gorgias provides a helpdesk platform for customer support agents, serving e-commerce merchants and brands.

AI & Machine LearningData & InfrastructureE-commerceRetail TechSaaSSan Francisco, US

Board Alex Plugaru(Co-founder)in Romain Lapeyre(Co-founder)in

Board seatJason Lemkin· per SEC Form D

Co-investorsAlven Amplify Partners Converge CRV (Charles River Ventures)Forerunner Ventures Greycroft +8 more

Algoliaalgolia.com in 𝕏Aug 2019

Algolia provides an API platform that enables developers to integrate search and discovery functionality into websites and mobile applications, serving thousands of companies across e-commerce, media, and SaaS.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaSSan Francisco, US

Nicolas Dessaigne(Founder/Board Member)in Julien Lemoine(Founder/CTO)in

Board Philippe Botteri(Director)in

Co-investors500 Global Accel Acequia Capital (AceCap)Aglae Ventures Collective Liquidity Founders Circle Capital +16 more

Alvenalven.co in

Alven is an independent early-stage venture capital firm that invests in and supports entrepreneurs, with a portfolio that includes companies such as Qonto, Typology, Gorgias, and Yubo.

Sector Agnostic

Co-investorsPeak Accel Alven Amplify Partners CV Dag Ventures Flex Capital Partners +3 more

Automileautomile.io in 𝕏Jul 2016 · $34M

Automile provides a plug-and-play GPS fleet tracking and automatic mileage log system with live tracking, disconnect and speeding alerts, and automated reports (IFTA, idling, usage, travel expense).

IoTMobility & TransportationSaaSPalo Alto, US

Jens Nylander(Executive Officer, Director)in

Co-investorsInsight Partners Point Nine Dawn Capital Salesforce Ventures

Bufferbuffer.com in 𝕏

Buffer is a social media management platform that enables small businesses, creators, and individuals to schedule posts, analyze engagement, and manage their presence across multiple social networks.

Creator EconomyMarketing TechSaaSSocialChicago, US

Joel Gascoigne(Founder & CEO)in

Co-investorsEMERGENT VENTURES Inspiration Ventures Radicle Impact Second Alpha Partners VTF Capital

Consioconsio.ai inJan 2026 · $3.3M

Consio offers an AI phone platform that combines inbound calls, outbound campaigns, and SMS into a single workspace with smart routing, a unified inbox, call recording/transcription, and order-level revenue attribution.

AI & Machine LearningE-commerceSales TechDover, US

Philippe Roireau(Founder)in

BoardMartin Latrille(Director)

Co-investorsKima Ventures Mu Ventures RTP Global

Flipboardflipboard.comJun 2022

Flipboard is a news and social network aggregator that presents curated web content in a flippable magazine format.

Palo Alto, US

Michael McCue(Executive Officer, Director, Promoter)

Board Bing Gordon(Director)inDavid Bell(Director)

Co-investorsAmino Capital Coatue Management Comcast Ventures Index Ventures K2 Global Rizvi Traverse Management +8 more

Gorgiasgorgias.ioAug 2022

Gorgias offers a voice/phone support product that centralizes calls, emails, and SMS into one helpdesk, with features like interactive voice response, call routing, and transfers.

AI & Machine LearningE-commerceMarketing TechSaaS

Romain Lapeyre(Founder)in

Co-investorsShopify Kima Ventures Alven Amplify Partners CV CRV (Charles River Ventures)Greycroft +2 more

Mangomintmangomint.com inMar 2022

Mangomint develops salon and spa management software designed to be intuitive and user-friendly.

SaaSLos Angeles, US

Daniel Lang(Executive Officer, Director)inDaniel Poineau(Executive Officer, Director)

Board Sanjiv Kalevar(Director)in

Co-investorsOpenView Venture Partners Altos Ventures Mucker Capital

Mixmaxmixmax.com in 𝕏Jan 2018

Mixmax is an AI-powered sales execution platform that helps sales teams manage customer engagement and communication workflows.

AI & Machine LearningSaaSSales TechSan Francisco, US

Chanpory Rith(Director)in Olof Mathe(Executive Officer, Director)in

Co-investorsDesigner Fund Floodgate Red Swan Ventures Resolute Ventures Creandum Harrison Metal +1 more

Quoraquora.com

Mountain View, US

Adam D'Angelo(Cofounder)in

Co-investorsAndreessen Horowitz Bling Capital MediaTech Ventures Matrix

RevenueCatrevenuecat.com in 𝕏Apr 2024 · $12M

RevenueCat provides revenue and subscription analytics infrastructure for mobile and web applications, helping teams centralize reporting and monetization tracking across platforms.

Data & InfrastructureDeveloper ToolsE-commerceEnterprise SoftwareSaaSSan Francisco, US

Miguel Carranza(Founder)in Jacob Eiting(Founder)in

Co-investorsFundersClub Index Ventures PROOF Y Combinator Adjacent Ventures Llc avra +3 more

Shipamaxshipamax.com in 𝕏Oct 2020Acquired

Shipamax develops technology that automatically processes logistics documents into structured, machine-readable data, helping freight forwarding and supply chain companies reduce manual work across multi-party shipment operations.

Enterprise SoftwareLogistics & Supply ChainLondon, GB

Jenna Brown(Founder/CEO)inFabian Blaicher(Executive Officer, Director)

Board Simon Levene(Director)in

Co-investorsCrane Venture Partners Long Venture Partners Mosaic Ventures Y Combinator AME Cloud Ventures Cherubic Ventures +1 more

Teamableteamable.com inMar 2017 · $5M

Teamable is an AI-powered recruiting platform that sources candidates across the web, consolidates sourcing channels into a unified pipeline, and generates personalized candidate outreach messages.

AI & Machine LearningHR TechSaaSSan Francisco, US

Hovhannes Nurjianyan(Director)Laura Bilazarian(Executive Officer, Director)

Board Tony Conrad(Director)in

Co-investorsRanch Ventures True Ventures

Treasury Primetreasuryprime.com in 𝕏Feb 2023

Treasury Prime provides embedded banking technology through APIs that enable fintechs to embed banking services in their applications.

Enterprise SoftwareFintechSaaSSan Francisco, US

Chris Dean(Co-founder & CEO)in Jim Brusstar(Co-founder)in

Co-investorsArdent Venture AZURO CAPITAL VENTURES Deciens FINTOP Capital GMO VenturePartners Nyca +6 more

True Venturestrueventures.aiApr 2017 · $5M

True Ventures runs curated events and community programming around enterprise AI, including live demos for early builders and a room connecting builders, backers, and buyers.

AI & Machine LearningEnterprise Software

Co-investorsTrue Ventures

Wherebywhereby.com inMar 2021

Whereby provides browser-based video calling that runs on WebRTC without app downloads, offering meeting features such as breakout groups, screensharing, recording, and transcriptions.

Cloud ComputingDeveloper ToolsDigital HealthFuture of WorkSaaS

Co-investorsChapter One Point Nine Earl Grey Capital Fathom Capital

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

PlatoHQ

Portfolio news

latest coverage across their companies

Tech supplier Owner.com raises $120M, giving it a $1B valuation

Owner.com · restaurantbusinessonline.com · Aug 21, 2026

Flipboard Secures $25M Series | Signalbase

Flipboard · trysignalbase.com · Mar 25, 2026

Consio AI Raises $3.3M in Funding

Consio · finsmes.com · Jan 26, 2026

RevenueCat Raises $50M Series B

RevenueCat · revenuecat.com · May 24, 2025

Frequently asked questions

How many investments has SaaStr Fund made?: SaaStr Fund has 19 tracked investments, 1 of which have exited, including 1 dated in the last 24 months.
What stage does SaaStr Fund invest at?: SaaStr Fund invests at the Pre-Seed, Seed, Series A, Series B stages.
What sectors does SaaStr Fund focus on?: SaaStr Fund focuses on AI & Machine Learning, Crypto & Web3, Enterprise Software, Fintech, SaaS, Sector Agnostic.
Where is SaaStr Fund located?: SaaStr Fund is headquartered in Palo Alto.
Who does SaaStr Fund co-invest with?: SaaStr Fund most often shares deals with Point Nine, Accel, Andreessen Horowitz, among 28 tracked co-investors.

From the blog

visit blog ↗

SaaStr has written on AI agents' growing autonomy requiring substantial human oversight despite productivity claims, Airtable's sale reflecting the challenge of sustaining high growth after AI reinvention, and appropriate sales compensation design for multi-year contract structures in SaaS companies. AI summary

Airtable Just Sold for $2.25B at 2.7x ARR. It Raised $1.4B and Was Once Worth $11.7BAug 2026Bending Spoons acquired Airtable at $2.25B equity value after the company stabilized growth at 20% through AI re-architecture but could not reignite the high-growth trajectory needed for a strong IPO.Our AI Agent Rewrote Our App Without Telling Us—The Agents #12 is HereAug 2026AI agents that make autonomous decisions rather than just execute tasks significantly increase management overhead, exemplified by shifting from 30 minutes to eight hours daily oversight as agents propose new initiatives.How Do You Compensate Reps on Multi-Year Deals?Jul 2026Compensation structures for multi-year SaaS deals should shift from full commissions to reduced percentages on future years as companies mature past $10M ARR to avoid excessive discounting while maintaining cash flow incentives.

Media · Podcasts & interviews

from their channel

Shipping Enterprise AI Agents with the CPOs of Rubrik, Glean, and Harvey

SaaStr AI

Who Owns Your Data Now? Agents vs. Systems of Record on The Agents #013

SaaStr AI

The AI Rebuild That Rocketed Owner.com, the "Shopify for Restaurants", Past $100M ARR

SaaStr AI

Agents Are Your New Power Users: How Klaviyo CEO Andrew Bialecki Is Remaking a $1.4B Business

SaaStr AI

The Agents #12 - Our AI Agent Rewrote Our App Without Telling Us

SaaStr AI

SaaStr AI Day: The New Agentic Support Playbook

SaaStr AI

Images

Similar investors

August Capital

August Capital is a venture capital firm that invests in a small number of companies, providing hands-on support to entrepreneurs building their businesses.

$1M – $15M

Foundation Capital

Foundation Capital is an early-stage venture capital firm that commits to founders at the idea stage and maintains long-term relationships with portfolio companies through their growth journey.

$250K – $15M

Hoxton Ventures

Hoxton Ventures is an early-stage venture capital firm that backs pre-seed and seed companies, often investing before revenue or product and offering hands-on support to founders.

$500K – $5M

F-Prime Capital

F-Prime Capital is an early-stage-focused investment firm backing companies across life sciences, technology, healthtech and services, and crypto.

$3M – $10M

MONASHEES

Monashees is a Latin American venture capital firm backing technology-driven founders building category-defining companies from the region for global markets.

$10M