NC

Nick Candito

North America, United States

Description

Nick Candito is a prominent angel investor and enterprise software executive with a deep operational background, primarily focusing on early-stage B2B SaaS and enterprise technology companies. His career spans co-founding and leading multiple successful software ventures, including Adapt.io (acquired by LeadIQ) and Oomph, Inc., providing him with invaluable firsthand experience in building and scaling tech businesses. This extensive operational expertise underpins his investment approach, allowing him to offer strategic guidance beyond just capital.

Candito's investment thesis is sharply focused on the pre-seed and seed stages, targeting startups poised for significant disruption within the B2B software landscape. He has built an impressive portfolio, personally investing in and advising over 150 companies, demonstrating a prolific and consistent engagement with the startup ecosystem. His portfolio reflects a strong preference for companies developing innovative solutions for business challenges, leveraging technologies such as AI, data analytics, and workflow automation.

More recently, Candito co-founded Angel Collective Fund (ACOF) alongside David Sacks of Craft Ventures, further solidifying his commitment to early-stage B2B SaaS. ACOF operates as a rolling fund, specifically designed to provide capital and strategic support to promising startups in this sector. Through ACOF, his typical first check sizes range from $100,000 to $250,000, indicating a sweet spot for initial capital infusions that can significantly impact nascent companies. This structured approach through ACOF complements his prior extensive personal angel investing.

Founders seeking investment from Nick Candito can expect a hands-on investor who brings not only capital but also a wealth of operational knowledge, strategic insights, and a robust network within the enterprise software domain. His track record as both an operator and an investor positions him as a valuable partner for early-stage B2B SaaS companies aiming for rapid growth and market leadership.

Investor Profile

Nick Candito has backed more than 41 startups, with 1 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
  • Majority of deals are located in United States, France, India.
  • Strong thematic focus on Software, SaaS, Artificial Intelligence (AI).
  • Typical check size: $100K – $250K.

Stage Focus

  • Seed (56%)
  • Pre Seed (20%)
  • Series A (12%)
  • Series C (5%)
  • Series D (2%)
  • Series B (2%)
  • Series Unknown (2%)

Country Focus

  • United States (90%)
  • France (5%)
  • India (2%)
  • Canada (2%)

Industry Focus

  • Software
  • Saas
  • Artificial Intelligence (Ai)
  • Fintech
  • Machine Learning
  • Financial Services
  • Analytics
  • Internet
  • Cloud Data Services
  • Mobile Apps
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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 Nick Candito frequently co-invest with?

Pear VC
North America, California, United States, Menlo Park
Co-Investments: 3
Soma Capital
North America, California, United States, San Francisco
Co-Investments: 3
Liquid 2 Ventures
North America, California, United States, San Francisco
Co-Investments: 4
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 5
Hanover Technology Investment Management
North America, California, United States, Portola Valley
Co-Investments: 3
Craft Ventures
North America, California, United States, San Francisco
Co-Investments: 4
BoxGroup
North America, New York, United States, New York
Co-Investments: 5
Afore Capital
North America, California, United States, San Francisco
Co-Investments: 2
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 2
Neo
North America, California, United States, San Francisco
Co-Investments: 3

Which angels does Nick Candito often collaborate with?

ND
North America, California, United States, San Francisco
Shared Deals: 1
NT
North America, New York, United States, New York
Shared Deals: 1
GR
North America, California, United States, San Francisco
Shared Deals: 2
MC
North America, California, United States, San Francisco
Shared Deals: 1
YE
North America, California, United States, San Francisco
Shared Deals: 2
AF
North America, California, United States, San Francisco
Shared Deals: 1
AM
North America, California, United States, San Francisco
Shared Deals: 1
OC
North America, California, United States, Mountain View
Shared Deals: 1
SB
North America, New York, United States, New York
Shared Deals: 2
RJ
North America, California, United States
Shared Deals: 1

What are some of recent deals done by Nick Candito?

Augment Markets

Austin, Texas, United States

Augment is a pre-IPO marketplace that enables investors to buy and sell shares in private companies for as little as $10k.

Financial ServicesFinTechInternetMarketplace
SeedAug 1, 2024
Amount Raised: $3,200,000
Mobly

Eagle Mountain, Utah, United States

Mobile SaaS platform to easily CAPTURE, ENRICH, and ENGAGE with leads met in-person

B2BMobile AppsSaaSSoftware
SeedFeb 26, 2024
Amount Raised: $2,500,000
Respell

San Francisco, California, United States

Respell is a software company that specializes in no-code application and cost-effective to deploying AI-powered applications.

Artificial Intelligence (AI)Big DataCloud ComputingMachine LearningSoftware
SeedDec 5, 2023
Amount Raised: $4,750,000
HockeyStack

Middletown, Delaware, United States

HockeyStack is the command center for B2B revenue teams that provides modern attribution, unified buyer journeys, and account insights.

AnalyticsBusiness IntelligenceData VisualizationSaaSSoftware
SeedNov 15, 2023
Amount Raised: $4,300,000
Default

San Francisco, California, United States

Default is an all-in-one inbound lead qualification, scheduling, & routing platform.

Sales
SeedNov 9, 2023
Amount Raised: $6,600,000
Closing Theory

Austin, Texas, United States

Closing Theory is a studio for mobile game development.

Media and EntertainmentMobile AppsOnline GamesVideo Games
SeedJul 24, 2023
Amount Raised: $2,300,000
Lantern

San Francisco, California, United States

Lantern is a customer engagement automation platform to optimize upsell opportunities.

Artificial Intelligence (AI)MarketingSoftware
SeedJul 12, 2023
Amount Raised: $6,800,000
Highlight

San Francisco, California, United States

Highlight is an open-source and full-stack monitoring platform.

Developer ToolsOpen SourceSoftware
Pre SeedApr 5, 2023
Amount Raised: $500,000
Cycle App

Paris, Ile-de-France, France

Cycle App is an all-in-one tool dedicated to product-centric teams.

InternetProject ManagementSoftware
SeedFeb 27, 2023
Amount Raised: $6,000,000
Vizit

South Boston, Virginia, United States

AI-native leader helping the world's best companies sell more online

Artificial Intelligence (AI)Computer VisionConsumer GoodsContent CreatorsEnterprise SoftwareMachine LearningPredictive AnalyticsRetail TechnologySaaSVideo
Series ANov 7, 2022
Amount Raised: $10,000,000