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SaaSgarage

Europe, Bayern, Germany, Munich

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
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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 SaaSgarage frequently co-invest with?

Seedcamp
Europe, England, United Kingdom, London
Co-Investments: 2
Tola Capital
North America, Washington, United States, Seattle
Co-Investments: 2
HTGF | High-Tech Gruenderfonds
Europe, Nordrhein-Westfalen, Germany, Bonn
Co-Investments: 5
WENVEST Capital
Europe, Bayern, Germany, Munich
Co-Investments: 2
Atlas Venture
North America, Massachusetts, United States, Cambridge
Co-Investments: 1
Neuhaus Partners
Europe, Hamburg, Germany, Hamburg
Co-Investments: 2
Senovo
Europe, Bayern, Germany, München
Co-Investments: 2
Bayern Kapital
Europe, Bayern, Germany, Landshut
Co-Investments: 4
Balderton Capital
Europe, England, United Kingdom, London
Co-Investments: 2
Point Nine
Europe, Berlin, Germany, Berlin
Co-Investments: 4

Which angels does SaaSgarage often collaborate with?

AL
Europe, Bayern, Germany, Munich
Shared Deals: 1
CJ
Europe, Baden-Wurttemberg, Germany, Ludwigsburg-eglosheim
Shared Deals: 3
MG
Europe, Bayern, Germany, Starnberg
Shared Deals: 1
NP
Europe, Berlin, Germany
Shared Deals: 1
DG
Europe, Berlin, Germany, Berlin
Shared Deals: 2
SS
North America, Massachusetts, United States, Boston
Shared Deals: 2
PK
North America, United States
Shared Deals: 1
PM
Europe, Berlin, Germany, Berlin
Shared Deals: 1
MO
Europe, West Sussex, United Kingdom, Crawley
Shared Deals: 1
AB
Europe, Bayern, Germany, Munich
Shared Deals: 1

What are some of recent deals done by SaaSgarage?

repath

Hamburg, Hamburg, Germany

Identify, understand and act on climate risks decades before they happen with repath's SaaS-solution.

GreenTechInfrastructureSoftwareSupply Chain Management
SeedSep 19, 2024
Amount Raised: $4,017,409
repath

Hamburg, Hamburg, Germany

Identify, understand and act on climate risks decades before they happen with repath's SaaS-solution.

GreenTechInfrastructureSoftwareSupply Chain Management
Pre SeedDec 13, 2022
Amount Raised: $1,274,900
consalio

Düsseldorf, Nordrhein-Westfalen, Germany

consalio is an advisor spend management solution company.

Information TechnologySoftware
SeedJul 12, 2022
Amount Raised: $1,203,642
SMAHO

Munich, Bayern, Germany

Manufacturer agnostic, cloud-based connected device control platform for iOS, Android, Alexa and Google Assistant

AppsAudioCloud SecurityInternet of Things
SeedJan 9, 2021
AlfaDocs

Munich, Bayern, Germany

AlfaDocs is the new generation of doctor practice management systems: a platform that connects. Empowering doctors to help patients!

DentalHealth CareMedicalSaaSSoftware
SeedDec 1, 2020
Amount Raised: $1,931,329
bao solutions

Munich, Bayern, Germany

Europe´s #1 Conversation Intelligence Platform for Sales Teams

AnalyticsArtificial Intelligence (AI)B2BSaaSSalesSoftware
SeedSep 15, 2020
Amount Raised: $1,184,220
Loyalty Prime

Munich, Bayern, Germany

Loyalty Prime is an international provider of innovative customer loyalty solutions for enterprise clients.

Customer ServiceLoyalty ProgramsSaaSSoftware
Series BFeb 18, 2020
Amount Raised: $5,398,251
SaaStock

London, England, United Kingdom

SaaStock is a global SaaS events company that connects founders, executives, and investors to build and scale B2B SaaS companies.

B2BCommunitiesEnterprise SoftwareEventsInformation TechnologySaaSSoftware
Series AMay 15, 2017
Softgarden

Berlin, Berlin, Germany

Softgarden is an online recruitment software enables businesses to post jobs on their website and lets candidates apply and gain insights.

AnalyticsOnline PortalsRecruitingSoftware
Series UnknownMay 21, 2015
Amount Raised: $3,332,519
minubo

Hamburg, Hamburg, Germany

minubo is the new enterprise business intelligence solution as a service for ecommerce merchants.

AnalyticsB2BB2CBusiness IntelligenceCloud Data ServicesE-Commerce
SeedDec 11, 2014
Amount Raised: $1,600,000