Who Funds Saas Startups?

Discover 23 funding sources for Saas startups: VC funds, accelerators, and free resources.

8
VC Funds
9
Accelerators
6
Free Programs
$1.7M
Avg Check Size

Saas Funding Landscape

Market Overview

The saas sector has 23 active funding sources globally, with funding trends showing Data from SEC filings and verified sources.

Competition level is Moderate, making it moderately competitive with good opportunities for quality startups in this space.

Success Factors

Strong technical team with domain expertise
Clear market validation and traction metrics
Defensible technology or business model
Large addressable market opportunity
Experienced advisors and mentors

Funding Strategy

Recommended Approach

  • Start with free resources to minimize operational costs
  • Apply to industry-specific accelerators for mentorship
  • Build relationships with VCs before you need funding
  • Focus on funds with relevant portfolio companies

Timing Considerations

  • Allow 3-6 months for fundraising process
  • Accelerator applications have seasonal deadlines
  • VC funding often correlates with market cycles
  • Free programs can be accessed year-round

VC Funds Investing in Saas

Initialized Capital Micro

USA

Multiple stages stage focus

$0.1M
Check Size

Investment Focus

ConsumerB2B SaaSFinTechHealthTech

Bessemer Venture Partners

Global

Multiple stages stage focus

$7.0M
Check Size

Investment Focus

SaaSCloud InfrastructureDeveloper ToolsAI/ML

Work-Bench Venture

Global

Multiple stages stage focus

$2.5M
Check Size

Investment Focus

Enterprise SoftwareB2B SaaSDevToolsCybersecurity

Bowery Capital

Global

Multiple stages stage focus

$1.5M
Check Size

Investment Focus

B2B SaaSEnterprise SoftwareFinTechPropTech

Correlation Ventures

Global

Multiple stages stage focus

$1.0M
Check Size

Investment Focus

B2B SaaSEnterprise SoftwareAI/MLData Analytics

Operator Collective

Global

Multiple stages stage focus

$0.5M
Check Size

Investment Focus

B2B SaaSEnterprise SoftwareDevToolsSecurity

Precursor Ventures Micro

Global

Multiple stages stage focus

$0.3M
Check Size

Investment Focus

AI/MLDeveloper ToolsB2B SaaSFinTech

Techstars Pre-Seed

Global

Multiple stages stage focus

$0.3M
Check Size

Investment Focus

B2B SaaSAI/MLFinTechHealthTech

Saas Accelerator Programs

Y Combinator

Multiple locations

$500K
for 6% equity

Program Focus

AllSaaSHardwareBiotechAI
Next Deadline: 2024-03-15Apply Now →

500 Global

Multiple locations

$250K
for 6% equity

Program Focus

AllSaaSE CommerceAIFintech
Next Deadline: 2024-03-15Apply Now →

Antler

Multiple locations

$250K
for 6% equity

Program Focus

AllSaaSAIClimateWeb3
Next Deadline: 2024-03-15Apply Now →

Bessemer Fellowship

Multiple locations

$250K
for 6% equity

Program Focus

CloudB2B SaaSAIDeveloper Tools
Next Deadline: 2024-03-15Apply Now →

Techstars

Multiple locations

$220K
for 6% equity

Program Focus

AllSaaSHardwareAIHealthcare
Next Deadline: 2024-03-15Apply Now →

Microsoft for Startups

Multiple locations

$150K
for 6% equity

Program Focus

AISaaSEnterpriseCloud
Next Deadline: 2024-03-15Apply Now →

Entrepreneur First

Multiple locations

$125K
for 6% equity

Program Focus

AllDeep TechAIB2B SaaS
Next Deadline: 2024-03-15Apply Now →

Alchemist Accelerator

Multiple locations

$100K
for 6% equity

Program Focus

EnterpriseB2B SaaSAISecurity
Next Deadline: 2024-03-15Apply Now →

Gener8tor

Multiple locations

$100K
for 6% equity

Program Focus

AllSaaSAIHealthTechFintech
Next Deadline: 2024-03-15Apply Now →

Free Resources for Saas Startups

AWS

easy

Cloud Credits

$100K
Learn More →

Google Cloud

medium

Cloud Credits

$200K
Learn More →

Microsoft Azure

medium

Cloud Credits

$150K
Learn More →

GitHub

easy

Developer Tools

$50K
Learn More →

Stripe

easy

Payments

Waived fees
Learn More →

HubSpot

medium

Marketing Growth

$30K
Learn More →

Funding Preparation Checklist

Before You Apply

Comprehensive pitch deck (10-12 slides)
Financial projections and unit economics
Product demo or prototype
Market research and competitive analysis
Team backgrounds and advisory board
Intellectual property documentation
Customer testimonials or letters of intent
Legal structure and cap table

Saas-Specific Tips

Market Size: Clearly articulate the saas market opportunity and your addressable market size.
Technical Depth: Demonstrate deep understanding of saaschallenges and your technical solution.
Traction Metrics: Show relevant KPIs for saas startups, such as user adoption or revenue growth.

Frequently Asked Questions

How competitive is funding for Saas startups?

Saas startup funding is Moderate, with 8 active VC funds and 9 accelerator programs globally. The average check size is $1.7M, requiring strong differentiation and traction.

What do Saas investors look for?

Saas investors typically prioritize strong technical team with domain expertise and clear market validation and traction metrics, along with strong technical teams and clear market validation. Domain expertise in saasis often crucial for gaining investor confidence.

Should I apply to multiple funding sources simultaneously?

Yes! Most successful Saas startups apply to multiple funding sources. Start with free resources to reduce costs, apply to relevant accelerators for mentorship and initial funding, then approach VCs for larger rounds. Having multiple options creates leverage in negotiations.

Related Resources

Last updated: 10/20/2025 | Data aggregated from VC databases, accelerator programs, and startup resources |About our methodology