SaaStr Fund is a venture capital fund created by Jason Lemkin, founder of the SaaStr community. It leads $500k–$5m seed and Series A investments in B2B and AI-driven software startups, backed by the world's largest community of B2B founders.
55% of their portfolio is in SaaS. Average disclosed round size is $34.1M (across 20 rounds with reported amounts).
Portfolio
14
Fund Size
$200M
Top Stage
Series A
Last 12 Mo
2
Team
JM
Jason M. Lemkin
Managing Director
LB
Laura Bilazarian
Investor
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
20 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| CConsio | Seed | $3.3M | Jan 2026 |
 Consio AI | Seed | $3.3M | Jan 2026 |
 RevenueCat | Series C | $50M | May 2025 |
| OOwner | Seed | $120M | Jan 2025 |
 Mangomint | Series B | $35M | Sep 2024 |
 Treasury Prime | Series C | $40M | Feb 2023 |
 Gorgias | Series C | $30M | Aug 2022 |
 Owner.com | Series A | $15M | Mar 2022 |
 MaestroQA | Series A | $25M | Sep 2021 |
| Owner.com | Seed | $10.7M | Aug 2021 |
| Gorgias | Series B | $25M | Dec 2020 |
| Gorgias | Series A | $14M | Nov 2019 |
 Algolia | Series C | $110M | Oct 2019 |
| RevenueCat | Seed | $1.5M | Oct 2018 |
| TTeamable | Series A | $5M | Oct 2018 |
 Automile | Series B | $34M | Oct 2017 |
| Algolia | Series B | $53M | Jun 2017 |
 Lightfield | Unknown | $81M | — |
| RevenueCat | Series A | $15M | — |
 Whereby | Series A | $12M | — |
Top Co-Investors
Alven5 shared
Y Combinator3 shared
Day One Ventures3 shared
CRV3 shared
Point Nine Capital3 shared
Salesforce Ventures2 shared
Accel2 shared
Oakhouse Partners2 shared
Redpoint Ventures2 shared
Amplify Partners2 shared
Sapphire Ventures2 shared
Adjacent2 shared
Index Ventures2 shared
M Ventures2 shared
RTP Global2 shared
Foundation Capital1 shared
True Ventures1 shared
DAG Ventures1 shared
Blue Owl Capital1 shared
World Innovation Lab1 shared
Last updated: 8 September 2026