Forget the “Is it worth it?” debate. B2B SaaS is the rocket ship, not the hype. With investment dollars soaring and competition heating up, 2024 shines bright for those who dare to explore.

Here’s a quick glimpse into the current B2B SaaS venture capital landscape:

  • Global B2B SaaS investments are set to smash records, exceeding $150 billion with a potential 30-40% growth.
  • North America leads, while Europe and Asia’s rapid growth opens new startup opportunities.
  • Deal sizes are climbing, with Series A at $20-30 million and Series B hitting $50-100 million. It indicates strong investor confidence!
  • Focus on verticals like AI, Cybersecurity, Fintech, and socially responsible companies.

The vast sea of B2B SaaS funding resources can feel overwhelming, but your ship doesn’t have to sink.So, open sesame! Our expert-curated list unlocks the top 11 B2B SaaS VC firms and investors with all the essential details, contact information, and insider tips to secure the funding you deserve.

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1. Matrix Partners

➡️ Matrix, with a legacy of 40+ years, has catapulted over 110 ventures to success and cheered on 65+ IPOs. They’re more than investors; they’re architects of dreams, turning the following big ideas into reality with stars like Afterpay, Canva, and Zendesk in their galaxy.

Location: San Francisco, California

Industries: B2B SaaS, Digital Health, Applied AI, SDH

Funding stage: Seed, Early Stage

Average check size: $500K-$10M

Total funding amount: $3.4B

Number of investments: 660

Average number of rounds per year: 17

Number of exits: 154

Contacts: Email, LinkedIn

2. Accel

➡️ Accel, the Silicon Valley titan since 1983. With nearly 2,000 investments and 370 exits, it has fueled icons like Facebook and Dropbox. Spanning the globe with 33 funds, Accel is a beacon for B2B SaaS, Media, Infrastructure, and E-Commerce, shaping the future of tech.

Location: Palo Alto, California

Funding stage: Seed, Early Stage, Late Stage

Average check size: $500K-$10M

Total funding amount: $18.3B

Number of investments: 1977

Average number of rounds per year: 60

Notable portfolio companies: SigTuple, Beek, Chronicle, Atlassian

Contacts: Contact-us page, LinkedIn

3. Bessemer Venture Partners

➡️ Bessemer Venture Partners, for 113 years, have been planting seeds, not just funding them. Think Uber, LinkedIn, and Shopify—startups they nurtured into giants. With a global footprint, including offices in the United States, India, Israel, and Hong Kong, $14.3B invested, 130+ IPOs, and 303 exits, their Midas touch isn’t magic; it’s expertise. 

Location: Redwood City, California

Industries: B2B SaaS, Healthcare, and Consumer industries

Funding stage: Early Stage, Late Stage

Average check size: $500K-$10M

Total funding amount: $14.3B

Number of investments: 1370

Average number of rounds per year: 50

Number of exits: 303

Notable portfolio companies: Pinterest, Shopify, Wix

Contacts: Contact-us page, LinkedIn

Embrace sustainability; B2B SaaS with a commitment to environmental and social responsibility resonates with investors.
Kathryn Guarino, Bessemer Venture Partners

4. Eight Roads Ventures

➡️ Eight Roads Ventures with 50+ years’ experience and $2.8B managed, this London-based VC champions groundbreaking startups like Alternative Bio, Coho AI, and Ametitiz. Plus, with 510+ investments and a global portfolio of 300+ companies across Asia, Europe, and the US, it’s your launchpad for game-changing ideas.

Location: London, United Kingdom

Industries: Healthcare, Biotech, B2B SaaS

Funding stage: Early Stage, Late Stage

Average check size: $500K-$5M

Total funding amount: $2,8B

Number of investments: 513

Average number of rounds per year: 26

Number of exits: 106

Notable portfolio companies: Alternative Bio, Coho AI, Ametitiz

Contacts: Contact-us page, LinkedIn

A spoiler:

Don’t just chase B2B SaaS funding—find the perfect match! Misalignment with the investor’s portfolio means missed opportunities. Choose investors whose portfolio and passion mirror your startup’s journey.

5. Sequoia Capital

➡️ Sequoia Capital, the Silicon Valley legend since 1972, has shaped the tech world, backing giants like Apple, Google, and Airbnb. With 1899 investments, 382 exits, and $35+ billion under management, Sequoia is the epicenter of innovation!

Location: Menlo Park, California

Industries: SaaS, Healthcare, Finance, Energy

Funding stage: Early Stage, Late Stage

Average check size: $500K-$10M

Average number of rounds per year: 80

Notable portfolio companies: Zoom, Loom, DoorDash, TipLink, Elyn

Contacts: Email, LinkedIn

Related read:

6. Point Nine Capital

➡️ Point Nine Capital since 2008 invested €447M, turbocharging 20+ European B2B gems. Boosting hits like Factorial, Container xChange, and NexHealth, this Berlin crew isn’t just investors; they’re your growth wing with a 65%+ Series A success rate.

Industries: B2B SaaS, E-Commerce

Funding stage: Seed, Early Stage, Late Stage

Average check size: €500K-€5M

Total funding amount: $488.3M

Number of investments: 269

Average number of rounds per year: 12

Number of exits: 39

Notable portfolio companies: Figures, Solarize, Vev

Contacts: Pitch page, LinkedIn

7. Costanoa Ventures

➡️ Costanoa Ventures California-based VC, fueling 80+ companies from pre-seed to IPO with $5B+ investments in stars like Twilio, Roblox, and Box. Plus, 4 out of 5 companies in their portfolio secure additional funding. Real gem finders!

Location: Palo Alto, California

Industries: B2B SaaS, AI, ML, FinTech

Funding stage: Seed, Early Stage

Average check size: $2M-$5M

Total funding amount: $890M

Number of investments: 189

Average number of rounds per year: 13

Number of exits: 22

Notable portfolio companies: Quizlet, Alation, ACME Technologies

Contacts: Email, LinkedIn

8. Boldstart Ventures

➡️ Boldstart Ventures, a cutting-edge NYC VC, thrives in early-stage investments. Cloud, mobile, and the Internet are their playground. With 110+ wins and 65+ IPOs, they’re not just backing startups but launching rockets. Among notable portfolio companies are Superhuman and BigID.

Location: New York, New York

Industries: B2B SaaS, Cyber

Funding stage: Seed, Early Stage

Average check size: $500K-$5M

Total funding amount: $866.3M

Number of investments: 189

Average number of rounds per year: 15

Number of exits: 27

Contacts: LinkedIn

9. OpenView

➡️ OpenView Boston-based venture alchemists with a focus on expansion-stage companies. Targeting 7 to 9 new investments annually, they have guided founders to 6 IPOs and 35 acquisitions. Their success-filled portfolio showcases their knack for turning bold ideas into industry leaders.

Industries: B2B SaaS, Cloud Services

Funding stage: Debt, Early Stage, Late Stage

Average check size: $500K-$10M

Total funding amount: $2B

Number of investments: 129

Notable portfolio companies: Cypress, Kolide, Jumpcloud

Contacts: Email, LinkedIn

10. Northzone

➡️ Northzone, two decades strong, this multi-stage venture capital firm has invested $2.9B in tech, propelling over 20 companies. With 14 unicorns in their stable, including titans like Spotify, Kahoot, and Trustpilot, they’re poised to be the launchpad for your next billion-dollar dream!

Location: London, United Kingdom

Industries: B2B SaaS, FinTech, E-Commerce

Average check size: $500K-$10M

Number of investments: 284

Average number of rounds per year: 20

Number of exits: 47

Contacts: LinkedIn

11. Insight Partners

➡️ Insight Partners, founded by software visionaries, back companies from start to growth, investing $47.6B+ across 1,050+ deals. Igniting startups like Monday.com and OpenEyes, their team offers invaluable insights beyond funding to lift your project higher!

Location: New York, New York

Industries: B2B SaaS, AI, ML, E-Commerce

Funding stage: Debt, Early Stage, Late Stage, Private Equity, Seed

Average check size: $500K-$15M

Average number of rounds per year: 63

Number of exits: 209

Notable portfolio companies: Monday.com, OpenEyes, Portside

Contacts: Contact-us page, LinkedIn

The bottom line

B2B SaaS—the power pack of business growth! From accessibility to innovation, it’s the secret sauce for cost-effectiveness, scalability, and more. Sure, challenges pop up like integration hurdles, but categories like e-commerce and finance shine. The future? Think optimistic about rising B2B SaaS funding trends like Personalization as a Service (PaaS). 

Charting your B2B SaaS course? Be investor-ready! We are here to navigate choppy VC waters, refine your pitch, and help you weather any storm, as we know B2B SaaS fundraising best practices.

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Anastasiia

CONTENT WRITER

Hey there! I'm Anastasiia, a Content Writer at Waveup. With my marketing expertise and storytelling magic, I turn complex data and industry insights into your startup playbook, making the business world a breeze for you! At Waveup, I work with brilliant folks who make insights a never-ending flow. So, join, read, and enjoy!