{"id":1794,"name":"SaaS First Capital","slug":"saas-first-capital","website":"https://firstcapital.vc/","hqGeo":"New York, NY","stageFocus":["Seed","Pre-Seed"],"sectorTags":["SaaS","Enterprise","Food / AgTech","Consumer","Healthcare","AI / ML","Security","Other","EdTech","Developer Tools"],"excludedSectors":[],"checkSizeMin":500000,"checkSizeMax":3000000,"thesisSummary":"Focused exclusively on early-stage SaaS companies, investing in scalable platforms with enterprise potential.","thesisNarrative":null,"logoUrl":null,"aumUsd":null,"submissionUrl":null,"linkedinUrl":null,"twitterHandle":null,"portfolio":[{"companyName":"RevenueStack","companyUrl":null,"stage":null,"sector":"B2B SaaS","investmentYear":null,"description":null,"amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"ClientFlow","companyUrl":null,"stage":null,"sector":"Enterprise Software","investmentYear":null,"description":null,"amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Snowflake","companyUrl":null,"stage":null,"sector":"Cloud Computing","investmentYear":null,"description":"A cloud-based data-warehousing company.","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Zoom","companyUrl":null,"stage":null,"sector":"Communication","investmentYear":null,"description":"A video conferencing platform.","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Dropbox","companyUrl":null,"stage":null,"sector":"Cloud Storage","investmentYear":null,"description":"A file hosting service that offers cloud storage.","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Slack","companyUrl":null,"stage":null,"sector":"Communication","investmentYear":null,"description":"A collaboration hub that connects work with the people you work with.","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Galley Solutions","companyUrl":null,"stage":"Growth / debt-like (credit facility)","sector":"Foodservice SaaS / Ops","investmentYear":null,"description":"Culinary Resource Planning platform helping food-service operators control costs, streamline production, unlock structured recipe data at scale","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Keona Health","companyUrl":null,"stage":"Growth / debt financing","sector":"Health tech / Digital Health SaaS","investmentYear":null,"description":"AI-powered patient-provider connection platform transforming how patients connect with healthcare providers","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"FluidSecure","companyUrl":null,"stage":"Growth financing / revenue-backed facility","sector":"Industrial / Resource Management SaaS","investmentYear":null,"description":"Cloud-based system for tracking and controlling fuel and fluid usage for businesses","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"TitanHQ","companyUrl":null,"stage":"Growth / debt financing","sector":"SaaS / Cybersecurity / Email & Web Security","investmentYear":null,"description":"Provides layered security solutions to prevent user vulnerability (cybersecurity, filtering, etc.)","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"EDGE10 Group","companyUrl":null,"stage":"Growth debt / credit facility","sector":"Health & Wellness SaaS","investmentYear":null,"description":"Health & wellness solutions provider for elites, professionals, armed forces, schools","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Joyful","companyUrl":null,"stage":"Growth debt facility","sector":"Web Tools / Nonprofit SaaS","investmentYear":null,"description":"Designs and delivers mobile-responsive websites for charities; large provider of charity web tools","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Extole","companyUrl":null,"stage":"Growth financing","sector":"Marketing / Customer Advocacy SaaS","investmentYear":null,"description":"Enterprise advocacy & referral programs platform to turn customers into brand advocates","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Trakstar","companyUrl":null,"stage":"Growth debt / credit facility","sector":"HR Tech / Performance Management SaaS","investmentYear":null,"description":"Provides performance appraisal software to manage feedback, goals, and reviews","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Reviewsnap","companyUrl":null,"stage":"Growth financing","sector":"HR / Talent / Performance SaaS","investmentYear":null,"description":"Fully automated, self-service performance management SaaS system","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Graduway","companyUrl":null,"stage":"Series B growth round (equity) raised $12.7M in Dec 2017, in addition to being a recipient of SaaS Capital’s credit facility","sector":"EdTech / Community SaaS","investmentYear":null,"description":"Alumni network / alumni relations software for institutions to engage alumni, students, supporters","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Monet Software","companyUrl":null,"stage":"Growth/credit facility","sector":"Workforce SaaS / Contact Center Ops","investmentYear":null,"description":"Workforce optimization software solutions for call centers","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"TapClicks","companyUrl":null,"stage":"Growth stage (credit facility)","sector":"MarTech / Analytics SaaS","investmentYear":null,"description":"Marketing technology platform delivering dashboards and analytics for brands, agencies, enterprises","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Accent Technologies","companyUrl":null,"stage":"Growth debt financing","sector":"Sales Tech / Enablement SaaS","investmentYear":null,"description":"Sales enablement technology enabling companies to prepare, engage buyers, etc.","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Perspecta","companyUrl":null,"stage":"Growth financing / credit facility","sector":"HealthTech / Provider Data SaaS","investmentYear":null,"description":"Healthcare technology for provider data search, directory, provider network management","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Rev.io","companyUrl":null,"stage":"Growth equity investment noted in news, also portfolio company of the credit facility fund","sector":"Subscription SaaS / Billing & CRM","investmentYear":null,"description":"Provides recurring revenue and customer management for subscription businesses","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"DATIS","companyUrl":null,"stage":"Growth debt facility","sector":"HR/Payroll SaaS","investmentYear":null,"description":"Human Capital Management & Payroll software that manages the employee lifecycle in one cloud-based application","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"IntegriChain","companyUrl":null,"stage":"Growth financing / debt facility","sector":"Pharma Channel SaaS","investmentYear":null,"description":"Cloud-based channel management for healthcare suppliers (pharma manufacturers)","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"StreamLink Software","companyUrl":null,"stage":"Growth / debt facility","sector":"Gov / Nonprofit SaaS / Process Management","investmentYear":null,"description":"Process management tools for nonprofits and public sector institutions","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"ClearCompany","companyUrl":null,"stage":"Growth financing / credit facility","sector":"HR Tech / Performance & Goals SaaS","investmentYear":null,"description":"Talent-management platform aligning employee goals and organizational vision; performance and goal tracking","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Webgility","companyUrl":null,"stage":"Equity round: Series A $6.4M (2017) in which SaaS Capital participated via its credit facility product","sector":"e-Commerce SaaS / Ops","investmentYear":null,"description":"Automation for e-commerce back-office — integrates sales channels, accounting, inventory, shipping, etc. for SMBs","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Uberflip","companyUrl":null,"stage":"Equity round: Series A $32M (2018) while being a portfolio company with SaaS Capital providing debt facility","sector":"Marketing / Content Experience SaaS","investmentYear":null,"description":"Content experience platform that enables B2B marketers to create personalized content experiences","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Codility","companyUrl":null,"stage":"Equity round: Series A $22M (2020); SaaS Capital provided financing in form of credit facility","sector":"HR Tech / Recruiting / Assessment SaaS","investmentYear":null,"description":"Technical skills assessment platform for hiring and optimizing engineering teams","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Pusher","companyUrl":null,"stage":"Equity stage: Series A $8M (2018) round; SaaS Capital is a credit provider to them as a portfolio company","sector":"Developer Tools / APIs / Realtime SaaS","investmentYear":null,"description":"Real-time API provider for embedded collaboration and communication features in apps","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Updox","companyUrl":null,"stage":"Equity round: Series B $12.7M (2017) with SaaS Capital’s involvement via its financing role","sector":"HealthTech SaaS","investmentYear":null,"description":"Healthcare care coordination and connectivity solutions; patient-provider communications, secure messaging, integrated with many EHRs","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Pacejet","companyUrl":null,"stage":"Growth-stage / revenue-based financing / debt facility","sector":"Logistics / Supply Chain SaaS","investmentYear":null,"description":"A cloud shipping/logistics technology solution for mid-market and larger companies","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"SocialClimb","companyUrl":null,"stage":"Earlier growth or expansion financing","sector":"HealthTech / Local SEO / Reputation SaaS","investmentYear":null,"description":"Helps physicians and medical practices with reputation management and local search presence","amountUsd":null,"relevanceNote":null,"fundName":null}],"partnerCount":6,"partners":[{"id":20430,"name":"Randall Lucas","title":"Managing Director","seniority":null,"focusTags":["Growth debt financing","Alternative financing","SaaS revenue models","Fintech"],"linkedinUrl":"https://www.linkedin.com/in/randall-lucas","twitterHandle":null,"blogUrl":null,"thesisSummary":null,"whyThisPartner":null,"recentPosts":[]},{"id":20429,"name":"Rob Belcher","title":"Managing Director","seniority":null,"focusTags":["B2B SaaS","Growth debt financing","Alternative financing","Subscription AI / Software"],"linkedinUrl":"https://www.linkedin.com/in/rsbelcher","twitterHandle":null,"blogUrl":null,"thesisSummary":null,"whyThisPartner":null,"recentPosts":[]},{"id":20432,"name":"Steve Jaffee","title":"Managing Director","seniority":null,"focusTags":["Debt and equity investing","Early stage companies","Growth capital","SaaS business models"],"linkedinUrl":"https://www.linkedin.com/in/steve-jaffee-6861871","twitterHandle":null,"blogUrl":null,"thesisSummary":null,"whyThisPartner":null,"recentPosts":[]},{"id":20431,"name":"Rob Spangler","title":"Managing Director","seniority":null,"focusTags":["B2B SaaS","Debt facilities","Non-dilutive financing","SaaS growth capital"],"linkedinUrl":"https://www.linkedin.com/in/rob-spangler-37878214","twitterHandle":null,"blogUrl":null,"thesisSummary":null,"whyThisPartner":null,"recentPosts":[]},{"id":20433,"name":"Stephanie Fortener","title":"Managing Director","seniority":null,"focusTags":["Debt financing","Growth capital","Alternative financing","Mergers and acquisition advisory (via DH Capital partnership)"],"linkedinUrl":"https://www.linkedin.com/in/stephanie-fortener-b63a788","twitterHandle":null,"blogUrl":null,"thesisSummary":null,"whyThisPartner":null,"recentPosts":[]},{"id":2003,"name":"Michael Turner","title":"Managing Partner","seniority":null,"focusTags":["Seed","SaaS"],"linkedinUrl":null,"twitterHandle":null,"blogUrl":null,"thesisSummary":null,"whyThisPartner":null,"recentPosts":[]}],"funds":[],"activity":{"lastInvestmentYear":null,"investmentsLast12Months":0},"investorType":"vc","preferredApproach":"cold outreach ok","prefersFounderType":null,"oneClickPitchEnabled":false,"relatedFirms":[{"id":13023,"name":"Volition Capital Fund","slug":"volition-capital-fund","logoUrl":null,"website":"https://www.volitioncapital.com/","stageFocus":["Pre-Seed"],"sectorTags":["SaaS","AI / ML","Developer Tools","Other","Security"],"hqGeo":"Boston, MA"},{"id":849,"name":"Sports Loft","slug":"sports-loft","logoUrl":null,"website":"https://www.sportsloft.co/","stageFocus":["Pre-Seed","Seed"],"sectorTags":["Other"],"hqGeo":"London, UK"},{"id":7722,"name":"Sheesha Finance","slug":"sheesha-finance","logoUrl":null,"website":"https://sheeshafinance.gitbook.io/","stageFocus":[],"sectorTags":["AI / ML","Developer Tools","Fintech"],"hqGeo":null},{"id":547,"name":"Cocoa VC","slug":"cocoa-vc","logoUrl":null,"website":"https://www.cocoa.vc/","stageFocus":["Pre-Seed","Seed"],"sectorTags":["Fintech","SaaS","Other"],"hqGeo":"San Francisco, CA"},{"id":13762,"name":"NeuroNet Ventures","slug":"neuronet-ventures","logoUrl":null,"website":"https://neuronetgpo.com/","stageFocus":["Seed"],"sectorTags":["AI / ML","Other"],"hqGeo":"Chicago, IL"},{"id":497,"name":"SBI Investment (SBI Group)","slug":"sbi-investment-sbi-group","logoUrl":null,"website":"https://www.sbinvestment.co.jp/","stageFocus":["Seed","Series A"],"sectorTags":["Fintech","Other","Developer Tools"],"hqGeo":"Tokyo, Japan"}],"featuredIn":[{"slug":"pre-seed","displayName":"Pre-Seed Investors","pageType":"stage"},{"slug":"saas","displayName":"SaaS Investors","pageType":"industry"},{"slug":"seed","displayName":"Seed Investors","pageType":"stage"},{"slug":"ai","displayName":"AI & ML Investors","pageType":"industry"},{"slug":"healthcare","displayName":"Healthcare Investors","pageType":"industry"},{"slug":"consumer","displayName":"Consumer Investors","pageType":"industry"}],"fundraisingResources":[{"slug":"find-right-pre-seed-investors-b2b-saas","title":"How to Find the Right Pre-Seed Investors for Your B2B SaaS Startup"},{"slug":"Finding-Investors-For-Startup-In-2026","title":"How to Find Investors for Your Startup in 2026 (Without Cold-Searching Databases)"},{"slug":"how-vcs-help-portfolio-raise-follow-on","title":"How VCs Can Actually Help Their Portfolio Companies Raise Follow-On"}],"overviewNarrative":null,"portfolioNarrative":null,"seoTitle":null,"seoDescription":null,"lastVerifiedAt":"2026-06-13T11:11:14.618Z"}