Stage 2 Capital
Venture capitalLincoln · Seed–Growth · 23 people tracked
Also known as STAGE 2 CAPITAL ADVISORS, LLC
Investment thesis
Stage 2 Capital invests in B2B software companies and supports them with a limited partner base of seasoned go-to-market and revenue executives. The firm matches the strategic and operational needs of portfolio companies with its LP network, involving that network in every investment — often through LPs joining companies as executives, board members, or advisors. Areas of interest include fintech, vertical software, human resources, artificial intelligence, data and infrastructure, marketplaces, collaboration and productivity, and finance and legal operations. Its emphasis is on building predictable, scalable revenue for growing software businesses.
Source: firm website, verified Aug 3, 2026.
Team · 23 people
from the firm's website & public directories
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What they invest in
from 26 of 81 portfolio companiesSaaS ×19Enterprise Software ×16AI & Machine Learning ×11HR Tech ×7Data & Infrastructure ×6Marketing Tech ×6Developer Tools ×3E-commerce ×3
HQs:United States×25United Kingdom×1
Investments · 81 tracked
founders shown can be your intro path
Bloomfilter provides visibility, traceability, and control over AI agents and human work execution by unifying data across development tools and workflows.
AI & Machine LearningDeveloper Tools
Curatedforyou uses machine vision and natural language processing to measure consumer motivations and predict perceptions at scale, serving as a data infrastructure tool for understanding consumer behavior.
AI & Machine LearningConsumerData & InfrastructureE-commerceMarketing TechRetail TechSan Antonio, US
Matthew Shandy(Director)Katherine Aucoin(Executive Officer, Director)
San Francisco, US
Michael Berolzheimer(Director)Matthew Ko(Executive Officer, Director)Akilesh Dyanesh Bapu(Executive Officer, Director)Kairui Zeng(Executive Officer)
EmployeeCycle provides HR data management and analytics tools for human resources professionals to optimize workforce insights and decision-making.
Data & InfrastructureEnterprise SoftwareHR TechSaaSPhiladelphia, US
David Brown(Director)Salas Saraiya(Director)Bruce Marable(Executive Officer, Director)
Enboarder provides an AI-driven platform for employee onboarding and cross-functional HR journeys, helping enterprise customers like Deloitte, ING, and Cisco reduce time-to-productivity and attrition.
AI & Machine LearningHR TechSaaSAustin, US
David Jacobson(Director)James Butler(Director)William Szczerbiak(Director)Brent Pearson(Executive Officer, Director)
Gappify automates accrual estimation and journal entry generation for accounting teams, integrating with ERP and P2P systems to produce SOX-compliant audit trails and reduce month-end close time.
AI & Machine LearningEnterprise SoftwareFintechSan Francisco, US
Charlene Garland(Executive Officer, Director)Jotham Ty(Executive Officer, Director)
Qwick is a labor platform for hospitality that automates shift staffing, vetting, and payroll.
B2B MarketplacesFuture of WorkHR TechNorth Charleston, US
Samuel Mylrea(Executive Officer, Director)Jonathan Komorek(Executive Officer, Director)Benjamin Ellsworth(Executive Officer, Director)
BoardC. Brent Dana(Director)Jay Po(Director)Adam Phillips(Director)
PerchPeek provides an app-based platform that manages employee relocation and mobility programs, handling visa organization, housing searches, expense management, and coaching support.
Future of WorkHR TechSaaS
Intelligems builds AI agents that optimize ecommerce storefronts by automatically making real-time decisions about pricing, offers, content, and promotions to maximize conversion and profit from incoming traffic.
AI & Machine LearningE-commerceSaaSDenver, US
Andrew Marconi(Executive Officer, Director)Daniel Heck(Director)Adam Kitain(Executive Officer, Director)Andrew Raftery(Head of Data, ML, and AI)
Korl is an AI agent that generates personalized business presentations for customer interactions like roadmap reviews, quarterly business reviews, and contract renewals by integrating data from tools like Salesforce, Jira, and Google Docs.
AI & Machine LearningEnterprise SoftwareSaaS
Peter Enestrom(Executive Officer, Director)
Orange, US
Wessal Khader(Director)Ajay Shah(Executive Officer, Director)Matthew Duffy(Executive Officer, Director)Jay Po(Director)Randolph Shiozaki(Executive Officer, Director)
Washington, US
Stephanie Nachemja-Bunton(Executive Officer)Mandy Cole(Director)Ronnie Coleman(Executive Officer, Director)
Occupier provides lease administration software for commercial real estate teams at multi-location businesses, centralizing lease data, automating critical date alerts, and enabling real-time portfolio visibility.
Enterprise SoftwarePropTechSaaSBoston, US
Matthew Giffune(Executive Officer, Director)Benjamin McGuinness(Executive Officer, Director)Andrew Flint(Executive Officer, Director)
Ocrolus provides cash flow analytics and document processing tools for lenders and financial institutions to make funding decisions for small businesses.
AI & Machine LearningData & InfrastructureFintechSaaSNew York, US
Nick Adams(Director)David Arcara(Director)Sam Bobley(Executive Officer)
Guarav Manglik(Director)Ray Daddazio(Director)Arun Chetty(Director)Ian Campbell(Executive Officer, Director)
Minneapolis, US
Elizabeth Christo(Director)Alex Wyler(Executive Officer, Director)Ian Lavey(Executive Officer)Greg Beaufait(Director)Eric Martell(Chief Executive Officer)
Frequently asked questions
- What stage does Stage 2 Capital invest at?
- Stage 2 Capital invests at the Seed, Series A, Growth stages.
- What is Stage 2 Capital's typical check size?
- Stage 2 Capital typically writes checks of $200K – $4M.
- What sectors does Stage 2 Capital focus on?
- Stage 2 Capital focuses on AI & Machine Learning, Data & Infrastructure, Enterprise Software, Fintech, Future of Work, HR Tech, LegalTech, Marketplaces, SaaS, Sales Tech.
- Where is Stage 2 Capital located?
- Stage 2 Capital is headquartered in Lincoln, US.
- Does Stage 2 Capital lead rounds?
- Stage 2 Capital typically participates in rounds rather than leading them.
From the blog
visit blog ↗Stage 2 Capital recently published on measuring AI's real impact in sales through productivity metrics, building founder credibility on LinkedIn through authentic expertise, and operationalizing event planning with AI-assisted tools for attendee engagement and communications. AI summary
Media · Podcasts & interviews
featuring the teamMark Roberge: The Framework for How Startups Should Scale into the Enterprise -Stage 2 Capital|E1176
20VC with Harry Stebbings · Mark Roberge
Stage 2 Capital Co-Founder Mark Roberge | S3 Ep1
ZoomInfo · Mark Roberge
E55: The State of AI in GTM with Mark Roberge of Stage 2 Capital
Pavilion · Mark Roberge
Who Will Win the Go-To-Market AI Race? with Stage 2 Capital Co-founder Mark Roberge
SaaStr · Mark Roberge
From Zero to Billion at Breakneck Speed - The Science of Scaling with Mark Roberge, Stage 2 Capital
Traction - A Community for Innovators · Mark Roberge
Sales Acceleration Formula 2.0 with Mark Roberge (Stage 2 Capital) [SaaS Revolution Show]
SaaStock · Mark Roberge
Co-investors · 22
Next Coast Ventures is a venture capital firm that uses thematic, data-driven research to invest in and support high-growth startups founded by determined entrepreneurs.
ValueStream Ventures is an early-stage venture fund focused on B2B platforms built around valuable proprietary data.
CRV (Charles River Ventures) is an early-stage venture capital firm that backs founders at the seed and Series A stages, with a long history of investing since 1970.
Battery Ventures is a global investment firm that has backed more than 450 companies over its 40-year history, with a team operating as a single global unit and offering focused support services in talent, business development, marketing/communications, and growth/leadership.
US Venture Partners (USVP) is an early-stage venture capital firm investing in information technology and healthcare companies, with four decades of investing experience.
Homebrew is an early-stage venture firm backing mission-driven founders, investing its own capital primarily at the pre-seed and seed stages.
Tribe Capital is a venture firm that uses an AI and data-science engine for quantitative underwriting to invest in technology companies, and runs a co-investment program called Firstlook.
National Grid Partners is the venture capital unit of National Grid plc, a major investor-owned energy utility company. The firm invests in innovative energy-related technologies and business models.
Playfair Capital is a venture capital firm investing exclusively at pre-seed stage in the UK and Europe from its £57m Fund 3.
Samaipata is a European venture capital firm backing technology company founders across Europe since 2016, providing capital plus hands-on operational support through its Founder Success platform.
Bessemer Venture Partners is a venture capital firm that partners with entrepreneurs from early stages through every stage of growth, publishing investment roadmaps across multiple technology sectors.
Khosla Ventures is a venture capital firm known for backing bold, contrarian bets in world-class teams that can reshape entire industries.
▶10 more co-investors
Insight PartnersFoundry GroupUpfront VenturesAccelerator VenturesHaatchAnkona Capital PartnersACF InvestorsDistributed VenturesStartmate25Madison
Firms observed investing alongside Stage 2 Capital, from public investor directories. Shared companies are the overlap with Stage 2 Capital's recorded portfolio.
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