Raising Capital? Stop Talking to the Wrong Investors

When capital raising, most founders struggle with reaching out to the right investors. The result? they end up wasting their time.

There are simply too many investors out there. While this might sound like a good thing, the problem is that not all of them are actively deploying capital, and not all of them are relevant to your sector. If you are a SaaS founder, I have solved both of these problems for you.

I sorted through 200+ deals (from April to June 2024) and narrowed down the list to focus specifically on SaaS.

Here are my findings 👇

(+ link to investor database at the end of the post)

Funding Rounds (Q2 2024)

• There were $9.3 billion (USD) invested across 67 companies

• The 4 top countries by number of funded companies were:

  • 🇺🇸 United States (36)

  • 🇫🇷 France (5)

  • 🇨🇦 Canada (4)

  • 🇯🇵 Japan (3)

• The company stages with the most funding were:

  • 🥇 Series F ($2.0B)

  • 🥈 Series B ($1.7B)

  • 🥉 Series E ($1.3B)

  • Series D ($1.2B)

  • Series C ($1.1B)

• The company stages with the most number of deals were:

  • 🥇 Series B (14)

  • 🥈 Series A (12)

  • 🥉 Series C (10)

  • Seed (8)

Active Investors (Q2 2024)

• There were 193 active investors in SaaS

• The top 6 countries (by funded company HQ location) with most number of investors involved were:

  • 🇺🇸 United States (112)

  • 🇫🇷 France (17)

  • 🇨🇦 Canada (17)

  • 🇸🇪 Sweden (11)

  • 🇸🇬 Singapore (10)

  • 🇨🇳 China (10)

• The 6 most active investors by number of deals were:

  • 🥇 Index Ventures (6)

  • 🥈 Lightspeed Venture Partners (6)

  • 🥉 Accel (5)

  • Spark Capital (4)

  • Insight Partners (4)

  • Andreessen Horowitz (4)

Funding Rounds & Investor Database (Q2 2024)

The list of funded companies is on the first tab and the list of active investors is on the second tab.