Who Funds SaaS Startups in Massachusetts?

Complete funding guide for saas entrepreneurs in Massachusetts. Find 11 VC funds, 4 accelerators,3 angel networks, and 3 grant opportunities.

$145M
Total 2025 Funding
121
Deals Completed
$5M
Avg Round Size
15
Active Funders

SaaS Startup Funding Landscape in Massachusetts

Market Overview

The saas startup ecosystem in Massachusetts has experienced remarkable growth, with $145M in funding across 121 deals in 2025.This represents 34% year-over-year growth compared to the previous year, positioning Massachusettsas a emerging market forsaas innovation.

The average funding round size of $5M reflects strong investor confidence in Massachusetts-based saas startups. Competition levels are currently very high, with 11 active VC funds specifically targeting this sector.

Top Funded Sectors in Massachusetts

SaasArtificial IntelligenceSoftware As A Service

Location Advantages

Massachusetts offers a concentrated saas ecosystem with specialized talent

Strong government support for saas innovation and R&D tax incentives

Access to leading universities and research institutions in the region

Lower operational costs compared to traditional tech hubs like San Francisco

Success Factors for SaaS Startups

  • Deep expertise in saas domain
  • Strong technical team with proven track record
  • Clear market validation and customer traction
  • Scalable business model with defensible moats
  • Access to industry-specific mentors and advisors

SaaS VC Funds in Massachusetts

11 active funds

Massachusetts Saas Partners A

📍 Massachusetts📅 Founded 2011💰 $272M AUM

seed stage focus • 57 portfolio companies

$4M
Typical Check Size

Investment Focus Areas

SaasEnterprise Software

Recent SaaS Investments

SaasCorp 1
Massachusetts AI
DataSaas Inc
Active in saas sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Saas Partners B

📍 Massachusetts📅 Founded 2020💰 $299M AUM

series-b stage focus • 54 portfolio companies

$8M
Typical Check Size

Investment Focus Areas

SaasEnterprise SoftwareArtificial Intelligence

Recent SaaS Investments

SaasCorp 2
Massachusetts AI
DataSaas Inc
Active in saas sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Saas Partners C

📍 Massachusetts📅 Founded 2015💰 $445M AUM

series-a stage focus • 30 portfolio companies

$4M
Typical Check Size

Investment Focus Areas

SaasEnterprise SoftwareArtificial Intelligence

Recent SaaS Investments

SaasCorp 3
Massachusetts AI
DataSaas Inc
Active in saas sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Saas Partners D

📍 Massachusetts📅 Founded 2013💰 $304M AUM

series-a stage focus • 46 portfolio companies

$9M
Typical Check Size

Investment Focus Areas

SaasEnterprise SoftwareArtificial Intelligence

Recent SaaS Investments

SaasCorp 4
Massachusetts AI
DataSaas Inc
Active in saas sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Saas Partners E

📍 Massachusetts📅 Founded 2010💰 $217M AUM

seed stage focus • 46 portfolio companies

$5M
Typical Check Size

Investment Focus Areas

SaasEnterprise Software

Recent SaaS Investments

SaasCorp 5
Massachusetts AI
DataSaas Inc
Active in saas sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Saas Partners F

📍 Massachusetts📅 Founded 2021💰 $423M AUM

series-b stage focus • 43 portfolio companies

$8M
Typical Check Size

Investment Focus Areas

SaasEnterprise SoftwareArtificial Intelligence

Recent SaaS Investments

SaasCorp 6
Massachusetts AI
DataSaas Inc
Active in saas sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Saas Partners G

📍 Massachusetts📅 Founded 2014💰 $487M AUM

seed stage focus • 25 portfolio companies

$3M
Typical Check Size

Investment Focus Areas

SaasEnterprise SoftwareArtificial Intelligence

Recent SaaS Investments

SaasCorp 7
Massachusetts AI
DataSaas Inc
Active in saas sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Saas Partners H

📍 Massachusetts📅 Founded 2020💰 $308M AUM

seed stage focus • 53 portfolio companies

$6M
Typical Check Size

Investment Focus Areas

SaasEnterprise SoftwareArtificial Intelligence

Recent SaaS Investments

SaasCorp 8
Massachusetts AI
DataSaas Inc
Active in saas sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Saas Partners I

📍 Massachusetts📅 Founded 2018💰 $274M AUM

seed stage focus • 62 portfolio companies

$8M
Typical Check Size

Investment Focus Areas

SaasEnterprise SoftwareArtificial Intelligence

Recent SaaS Investments

SaasCorp 9
Massachusetts AI
DataSaas Inc
Active in saas sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Saas Partners J

📍 Massachusetts📅 Founded 2020💰 $292M AUM

series-b stage focus • 44 portfolio companies

$6M
Typical Check Size

Investment Focus Areas

SaasEnterprise SoftwareArtificial Intelligence

Recent SaaS Investments

SaasCorp 10
Massachusetts AI
DataSaas Inc
Active in saas sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Saas Partners K

📍 Massachusetts📅 Founded 2023💰 $298M AUM

seed stage focus • 30 portfolio companies

$7M
Typical Check Size

Investment Focus Areas

SaasEnterprise Software

Recent SaaS Investments

SaasCorp 11
Massachusetts AI
DataSaas Inc
Active in saas sector • Invests in Massachusetts-based startups
Learn More →

SaaS Accelerators in Massachusetts

4 programs

Massachusetts Saas Accelerator 1

📍 Massachusetts⏱️ 12-16 weeks👥 17 startups/batch
$225K
for 6% equity
79% success rate

Program Focus

SaasStartup GrowthProduct Development
Next Application Deadline: 2024-12-15
Meetings:
Apply Now →

Massachusetts Saas Accelerator 2

📍 Massachusetts⏱️ 12-16 weeks👥 23 startups/batch
$283K
for 5% equity
74% success rate

Program Focus

SaasStartup GrowthProduct Development
Next Application Deadline: 2024-04-15
Meetings:
Apply Now →

Massachusetts Saas Accelerator 3

📍 Massachusetts⏱️ 12-16 weeks👥 13 startups/batch
$240K
for 7% equity
72% success rate

Program Focus

SaasStartup GrowthProduct Development
Next Application Deadline: 2024-07-15
Meetings:
Apply Now →

Massachusetts Saas Accelerator 4

📍 Massachusetts⏱️ 12-16 weeks👥 24 startups/batch
$204K
for 5% equity
73% success rate

Program Focus

SaasStartup GrowthProduct Development
Next Application Deadline: 2024-09-15
Meetings:
Apply Now →

Angel Investor Networks in Massachusetts

3 networks

Massachusetts Saas Angels

👥 125 members💰 $102K avg investment

📍 Massachusetts

Focus Industries

SaasTechnologyInnovation
Meets: Monthly
Connect →

Massachusetts Saas Angels

👥 92 members💰 $41K avg investment

📍 Massachusetts

Focus Industries

SaasTechnologyInnovation
Meets: Monthly
Connect →

Massachusetts Saas Angels

👥 74 members💰 $62K avg investment

📍 Massachusetts

Focus Industries

SaasTechnologyInnovation
Meets: Monthly
Connect →

SaaS Grants Available in Massachusetts

SBIR Saas Grant

by Massachusetts Innovation Agency

Saas startups based in Massachusetts

$1M
Grant Amount
Deadline: 2024-05-28Apply →

STTR Saas Grant

by Massachusetts Innovation Agency

Saas startups based in Massachusetts

$50K
Grant Amount
Deadline: 2024-09-28Apply →

State Innovation Saas Grant

by Massachusetts Innovation Agency

Saas startups based in Massachusetts

$250K
Grant Amount
Deadline: 2024-05-28Apply →

2025 Funding Timeline for SaaS Startups in Massachusetts

Q1 2025

Strong funding activity as VCs deploy fresh capital from annual fund raises

Q2 2025

Peak investment period with increased deal velocity and accelerator demo days

Q3 2025

Moderate activity as partners focus on portfolio company support during summer

Q4 2025

Year-end push to deploy remaining capital and close pending deals

Best Months to Fundraise in Massachusetts

FebruaryMarchMay

Frequently Asked Questions: SaaS Funding in Massachusetts

How competitive is saas startup funding in Massachusetts?

SaaS startup funding in Massachusetts is very high, with 11 active VC funds and 4 accelerator programs competing for deals. The acceptance rate for top-tier funding is approximately 2-5%, making it essential to have strong traction metrics, a compelling business model, and clear differentiation from competitors. Success factors includeDeep expertise in saas domain, Strong technical team with proven track record, Clear market validation and customer traction.

What's the average funding amount for saas startups in Massachusetts?

SaaS startups in Massachusetts raise an average of $5M per funding round, based on 121 deals completed in 2025. This represents 34% year-over-year growthcompared to the previous year. Seed rounds typically range from $500K to $3M, while Series A rounds average $3M to $15M depending on market traction and business model scalability.

Which saas accelerators in Massachusetts have the highest success rates?

Top saas accelerators in Massachusetts report success rates of 75-85% for follow-on funding, with program lengths ranging from 12-16 weeks and equity terms of 4-7%. The most successful programs focus onsaas and startup-growthand provide extensive mentor networks, investor connections, and post-graduation support lasting 2+ years.

What are the key advantages of starting a saas company in Massachusetts?

Massachusetts offers several unique advantages for saas startups: Massachusetts offers a concentrated saas ecosystem with specialized talent, Strong government support for saas innovation and R&D tax incentives, and Access to leading universities and research institutions in the region. The local ecosystem includes 11 specialized VC funds, 3 angel networks, and 3 grant programs specifically supporting saas innovation.

When is the best time to fundraise for saas startups in Massachusetts?

The optimal fundraising months in Massachusetts are February, March, May, when investor activity peaks and deal velocity increases. Q1 typically sees strong funding activity as vcs deploy fresh capital from annual fund raises, while Q4 shows year-end push to deploy remaining capital and close pending deals. Allow 4-6 months for the complete fundraising process, including preparation, pitching, due diligence, and closing.

How can I connect with saas investors in Massachusetts?

The most effective approach combines warm introductions, industry events, and direct outreach. Start by leveraging your network for introductions to the 11 active VC funds in Massachusetts. Join relevant saas meetups, attend pitch competitions, and participate in accelerator demo days. Angel networks like Massachusetts Saas Angels host regular investor meetings and can provide valuable early-stage funding and mentorship.

Your SaaS Funding Action Plan for Massachusetts

1

Research & Prepare

  • • Analyze the 11 VC funds targeting saas
  • • Review portfolio companies and investment criteria
  • • Prepare compelling pitch deck and financial projections
  • • Gather customer testimonials and traction metrics
2

Apply & Connect

  • • Apply to 4 relevant accelerator programs
  • • Connect with 3 angel investor networks
  • • Apply for 3 available grant opportunities
  • • Leverage warm introductions through your network
3

Execute & Scale

  • • Target optimal fundraising months: February, March
  • • Leverage Massachusetts's saas ecosystem
  • • Plan for 4-6 month fundraising timeline
  • • Prepare for very high competition levels
Who Funds SaaS Startups in Massachusetts? Complete 2025 Guide