
SaaSgarage
Description
SaaSgarage is a specialized pre-seed angel fund based in Munich, Germany, exclusively focused on investing in B2B SaaS startups. Established in 2021, the firm positions itself as a hands-on partner for early-stage companies, providing not only capital but also strategic guidance and operational support to help founders navigate the initial phases of growth. Their investment thesis centers on identifying promising software-as-a-service ventures with strong potential for scalability and market disruption within the European ecosystem, particularly in Germany.
The fund typically deploys capital at the very earliest stages of a startup's lifecycle, specifically targeting pre-seed rounds. SaaSgarage's investment sweet spot ranges from €50,000 to €100,000 per company, which translates to approximately $54,000 to $108,000, depending on the prevailing exchange rate. This focused approach allows them to be a foundational investor, helping startups secure initial traction and prepare for subsequent larger funding rounds. Their commitment extends beyond just financial backing, offering expertise in product development, go-to-market strategies, and team building.
As of early 2024, SaaSgarage has built a portfolio of approximately 15 investments, demonstrating a consistent commitment to the B2B SaaS sector. Their portfolio includes companies like Userflow and Pliant, showcasing their interest in diverse sub-sectors within SaaS. The firm's deep understanding of the SaaS business model, combined with its angel fund structure, enables it to be agile and responsive to the needs of nascent startups. They aim to be the first institutional money in, providing crucial validation and resources that can attract follow-on investors.
Investor Profile
SaaSgarage has backed more than 23 startups, with 1 new investments in the last 12 months alone. The firm has led 6 rounds, about 26% of its total and boasts 5 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in Germany, United Kingdom, United States.
- Strong thematic focus on Software, SaaS, Analytics.
- Typical check size: $54K – $108K.
Stage Focus
- Seed (52%)
- Series A (26%)
- Pre Seed (9%)
- Series Unknown (9%)
- Series B (4%)
Country Focus
- Germany (70%)
- United Kingdom (17%)
- United States (13%)
Industry Focus
- Software
- Saas
- Analytics
- B2b
- Information Technology
- Risk Management
- Enterprise Software
- B2c
- Business Intelligence
- Cloud Data Services
Frequently Asked Questions
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