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Laconia

North America, New York, United States, New York

Description

Laconia Capital Group is a New York City-based venture capital firm, established in 2014, that specializes in leading seed-stage investments in B2B SaaS companies. The firm's core mission is to identify and back startups that are actively digitizing and modernizing legacy industries, driving efficiency and innovation across traditionally underserved sectors. Their investment philosophy is centered on supporting founders who are building scalable software solutions for complex business challenges, aiming to transform established markets through technology.

Laconia's investment thesis is deeply rooted in providing more than just capital; they position themselves as active, hands-on partners. They leverage their extensive network and operational expertise to help portfolio companies navigate the intricacies of early-stage growth, from product-market fit to scaling operations. The firm demonstrates a particular interest in verticals such as PropTech, FinTech, Supply Chain & Logistics, Healthcare, Education, and the Future of Work, seeking out companies that offer compelling value propositions within these domains.

The firm typically writes initial checks ranging from $500,000 to $1.5 million, with significant reserves allocated for follow-on investments in successful portfolio companies. This strategy enables them to provide substantial early-stage capital while also supporting their companies through subsequent funding rounds as they achieve key milestones. Since its inception, Laconia Capital Group has made over 80 investments, showcasing a consistent and robust commitment to the B2B SaaS ecosystem. Their most recent fund, Laconia Capital Group Fund III, closed in 2022 with $40 million, further enhancing their capacity to support a new cohort of innovative B2B startups.

Investor Profile

Laconia has backed more than 28 startups, with 0 new investments in the last 12 months alone. The firm has led 10 rounds, about 36% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Canada.
  • Strong thematic focus on Software, SaaS, Information Technology.
  • Typical check size: $500K – $1.5M.

Stage Focus

  • Seed (61%)
  • Series A (18%)
  • Series B (11%)
  • Series C (4%)
  • Series Unknown (4%)
  • Pre Seed (4%)

Country Focus

  • United States (96%)
  • Canada (4%)

Industry Focus

  • Software
  • Saas
  • Information Technology
  • Banking
  • Financial Services
  • Fintech
  • Artificial Intelligence (Ai)
  • Credit
  • Analytics
  • Predictive Analytics
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Laconia frequently co-invest with?

Stage 2 Capital
North America, New York, United States, New York
Co-Investments: 3
Bullpen Capital
North America, California, United States, San Francisco
Co-Investments: 4
FinTech Collective
North America, New York, United States, New York
Co-Investments: 3
Alpine Meridian
North America, New York, United States, New York
Co-Investments: 2
Oak HC/FT
North America, Connecticut, United States, Greenwich
Co-Investments: 3
RiverPark Ventures
North America, New York, United States, New York
Co-Investments: 5
Nauta Capital
Europe, England, United Kingdom, London
Co-Investments: 2
ValueStream Ventures
North America, New York, United States, New York
Co-Investments: 8
Overton Venture Capital
North America, New York, United States, New York
Co-Investments: 3
QED Investors
North America, Virginia, United States, Alexandria
Co-Investments: 4

Which angels does Laconia often collaborate with?

AG
North America, Illinois, United States, Chicago
Shared Deals: 1
KM
North America, California, United States, San Francisco
Shared Deals: 2
SH
North America, California, United States, San Francisco
Shared Deals: 1
VP
North America, New York, United States, New York
Shared Deals: 1
JP
North America, California, United States, San Francisco
Shared Deals: 1
HN
North America, New York, United States
Shared Deals: 1
PA
North America, New York, United States, New York
Shared Deals: 2
BK
North America, New York, United States, New York
Shared Deals: 1
Shared Deals: 1
RA
North America, New York, United States, New York
Shared Deals: 1

What are some of recent deals done by Laconia?

MuukTest

Raleigh, North Carolina, United States

MuukTest is a software testing platform powered by AI that increases Software Devs testing productivity.

Artificial Intelligence (AI)Information TechnologySoftwareWeb Apps
SeedApr 5, 2023
Wavy

Toronto, Ontario, Canada

Create amazing company culture, wherever your people are.

B2BHuman ResourcesInformation TechnologyMarketplaceSaaS
SeedApr 11, 2022
Amount Raised: $1,977,825
Yuvo Health

New York, New York, United States

Yuvo Health is a leading solution to give community health centers an advantage in value-based care.

CommunitiesHealth CareMedical
SeedJan 18, 2022
Amount Raised: $7,300,000
Ease Capital

New York, New York, United States

Ease Capital is a Financial service agency.

Financial Services
SeedJan 1, 2022
Amount Raised: $8,500,000
Tender

New York, New York, United States

Tender is a mobile application platform that offers family members the tools and resources to take care of an aging parent.

LifestyleMobile AppsPersonal HealthWellness
Pre SeedJan 1, 2022
Wethos

New York, New York, United States

Wethos uses data to help freelancers price projects, bill clients, get paid and pay others all in one place

BankingContent CreatorsFreelanceSoftware
SeedSep 23, 2021
Amount Raised: $8,000,000
Ocrolus

New York, New York, United States

Ocrolus is a document automation platform in financial services, powering the digital lending ecosystem with trusted data.

BankingCreditFinancial ServicesFinTech
Series CSep 22, 2021
Amount Raised: $80,000,000
Paloma

New York, New York, United States

Paloma helps ecommerce businesses sell directly to customers in messaging channels, with automated personal shopping conversations.

AdvertisingComputerE-CommerceE-Commerce PlatformsRetail TechnologySaaSSoftware
SeedJun 2, 2021
Amount Raised: $4,000,000
Merri

New York, New York, United States

Digital Event Planning Platform

Event ManagementSaaS
SeedJun 1, 2021
Ocrolus

New York, New York, United States

Ocrolus is a document automation platform in financial services, powering the digital lending ecosystem with trusted data.

BankingCreditFinancial ServicesFinTech
Series BAug 25, 2020
Amount Raised: $13,466,386