Two-time entrepreneur turned vc Jason Lemkin has launched (and closed) a $70m venture fund.
Based in Palo Alto, CA, The SaaStr Fund focuses on making early stage investments exclusively in SaaS/enterprise/B2B startups.
It typically backs once the startup has at least 10 unaffiliated customers, investing from $500k to $4m (occasionally a bit more or less), depending on stage.
According to the site, current and prior investments include Talkdesk, Algolia, RainforestQA, Logikcull, Automile, Salesloft, Pipedrive, Greenhouse.io, Betterworks, Guidespark, as well as smaller investments in other SaaS companies including FrontApp, Retention Science, AnyPerk, Influitive, etc.
FinSMEs
28/06/2016