
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.
50% of their portfolio is in SaaS. Deal activity increased 100% year-over-year (2 deals in the last 12 months). Average disclosed round size is $32.4M (across 22 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
22 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| CConsio | Seed | $3.3M | Jan 2026 |
| Seed | $3.3M | Jan 2026 | |
| Series C | $50M | May 2025 | |
| Seed | $120M | Jan 2025 | |
| Seed | $10.7M | Jan 2025 | |
| Series B | $35M | Sep 2024 | |
| Series C | $40M | Feb 2023 | |
| Series C | $30M | Aug 2022 | |
| Series A | $15M | Mar 2022 | |
| Series A | $25M | Sep 2021 | |
| Seed | $10.7M | Aug 2021 | |
| Series B | $20M | May 2021 | |
| Series B | $25M | Dec 2020 | |
| Series A | $14M | Nov 2019 | |
| Series C | $110M | Oct 2019 | |
| Seed | $1.5M | Oct 2018 | |
| Series A | $5M | Oct 2018 | |
| Series B | $34M | Oct 2017 | |
| Series B | $53M | Jun 2017 | |
| Unknown | $81M | — | |
| Series A | $15M | — | |
| Series A | $12M | — |
Top Co-Investors
Alven5 shared
Y Combinator5 shared
Day One Ventures4 shared
CRV3 shared
Point Nine Capital3 shared
Salesforce Ventures2 shared
Accel2 shared
Oakhouse Partners2 shared
Redpoint Ventures2 shared
Deciens Capital2 shared
QED Investors2 shared
Amplify Partners2 shared
Greycroft2 shared
Sapphire Ventures2 shared
Adjacent2 shared
Index Ventures2 shared
M Ventures2 shared
RTP Global2 shared
Meritech Capital2 shared
Headline2 shared
Last updated: 20 October 2026