SA

SaaS First Capital

VC
New York, NYWebsite

SaaS First Capital is a Seed, Pre-Seed venture capital firm based in New York, NY investing in SaaS, Enterprise, Food / AgTech. The firm typically writes $500K–$3.0M checks and has 32 portfolio companies in our records.

How to approach: cold outreach ok
Stage

Seed, Pre-Seed

Check Size

$500K – $3.0M

Portfolio

32+ companies

Team

6 partners

Investor activity
Investments in last 12 months: 0

Investment Thesis

Focused exclusively on early-stage SaaS companies, investing in scalable platforms with enterprise potential.

How SaaS First Capital invests

SaaS First Capital is a vc firm based in New York, NY. The firm invests at the Seed, Pre-Seed stages, with a focus on SaaS, Enterprise, Food / AgTech, Consumer, Healthcare.

SaaS First Capital typically writes checks of $500K–$3.0M per investment.

SaaS First Capital has backed 32 companies in our records, including RevenueStack, ClientFlow, Snowflake.

Meet the Team

MT

Michael Turner

Managing Partner

Seed
SaaS
RL

Randall Lucas

Managing Director

Growth debt financing
Alternative financing
SaaS revenue models
Fintech
SJ

Steve Jaffee

Managing Director

Debt and equity investing
Early stage companies
Growth capital
SaaS business models
RB

Rob Belcher

Managing Director

B2B SaaS
Growth debt financing
Alternative financing
Subscription AI / Software
RS

Rob Spangler

Managing Director

B2B SaaS
Debt facilities
Non-dilutive financing
SaaS growth capital
SF

Stephanie Fortener

Managing Director

Debt financing
Growth capital
Alternative financing
Mergers and acquisition advisory (via DH Capital partnership)

Industry Focus

Invests In

SaaS
Enterprise
Food / AgTech
Consumer
Healthcare
AI / ML
Security
Other
EdTech
Developer Tools

Portfolio Companies (32)

Other

RE

RevenueStack

B2B SaaS
CL

ClientFlow

Enterprise Software
SN

Snowflake

Cloud Computing

A cloud-based data-warehousing company.

ZO

Zoom

Communication

A video conferencing platform.

DR

Dropbox

Cloud Storage

A file hosting service that offers cloud storage.

SL

Slack

Communication

A collaboration hub that connects work with the people you work with.

GA

Galley Solutions

Foodservice SaaS / Ops·Growth / debt-like (credit facility)

Culinary Resource Planning platform helping food-service operators control costs, streamline production, unlock structured recipe data at scale

KE

Keona Health

Health tech / Digital Health SaaS·Growth / debt financing

AI-powered patient-provider connection platform transforming how patients connect with healthcare providers

FL

FluidSecure

Industrial / Resource Management SaaS·Growth financing / revenue-backed facility

Cloud-based system for tracking and controlling fuel and fluid usage for businesses

TI

TitanHQ

SaaS / Cybersecurity / Email & Web Security·Growth / debt financing

Provides layered security solutions to prevent user vulnerability (cybersecurity, filtering, etc.)

How to pitch SaaS First Capital
  • Raising at Seed, Pre-Seed? You're squarely in their sweet spot.
  • Lead with your fit in SaaS, Enterprise, Food / AgTech — the sectors they actively back.
  • Size your ask to their typical $500K – $3.0M check.
  • cold outreach ok
  • Address your outreach to a specific partner, such as Michael Turner, Managing Partner.
  • A warm introduction beats a cold email. Get matched and request an intro.

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