SB

Stewart Butterfield

North America, California, United States, San Francisco

Description

Stewart Butterfield is a highly influential figure in the technology industry, renowned for co-founding two transformative companies: Flickr, an early photo-sharing platform acquired by Yahoo, and more notably, Slack, the ubiquitous workplace communication platform that Salesforce acquired for a staggering $27.7 billion. Leveraging his profound entrepreneurial success and deep understanding of enterprise software and collaboration, Butterfield has emerged as a prominent angel investor, primarily focusing on early-stage technology companies.

His investment philosophy is heavily influenced by his experience building tools that enhance productivity and reshape the future of work. Butterfield typically backs startups developing innovative solutions in areas such as developer tools, enterprise SaaS, and collaborative applications. His portfolio reflects a keen eye for disruptive potential, featuring notable investments in companies like Notion, Airtable, Coda, and Vercel. These investments underscore his commitment to supporting platforms that empower individuals and organizations to work more efficiently and effectively.

As an angel investor, Butterfield often participates in seed and Series A funding rounds, providing not only capital but also invaluable strategic guidance derived from his own journey as a successful founder. His personal investment portfolio, according to public records, includes over 70 distinct companies, demonstrating a consistent and active presence in the startup ecosystem. A testament to his investment acumen is his early backing of Figma, the collaborative design platform, which was later acquired by Adobe for approximately $20 billion, marking one of the largest software acquisitions in recent history.

Butterfield's unique perspective as a founder who built and scaled multi-billion dollar companies makes him a highly sought-after investor. He provides a founder-friendly approach, understanding the challenges and opportunities inherent in building a successful technology company from the ground up. His investments are strategic, aiming to foster the next generation of category-defining companies that align with his vision for a more productive and connected professional world.

Investor Profile

Stewart Butterfield has backed more than 31 startups, with 1 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 6 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, United Kingdom.
  • Strong thematic focus on Software, SaaS, Finance.
  • Typical check size: $100K – $1M.

Stage Focus

  • Seed (29%)
  • Series A (26%)
  • Series B (16%)
  • Angel (10%)
  • Series C (6%)
  • Pre Seed (6%)
  • Series Unknown (3%)
  • Series D (3%)

Country Focus

  • United States (55%)
  • Canada (19%)
  • United Kingdom (10%)
  • The Netherlands (6%)
  • Brazil (3%)
  • Australia (3%)

Industry Focus

  • Software
  • Saas
  • Finance
  • Internet
  • Developer Platform
  • Financial Services
  • E-commerce
  • Scheduling
  • Developer Tools
  • Web Development
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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 Stewart Butterfield frequently co-invest with?

First Round Capital
North America, California, United States, San Francisco
Co-Investments: 2
Palm Drive Capital
North America, New York, United States, New York
Co-Investments: 2
General Catalyst
North America, Massachusetts, United States, Cambridge
Co-Investments: 2
Index Ventures
North America, California, United States, San Francisco
Co-Investments: 2
SV Angel
North America, California, United States, San Francisco
Co-Investments: 2
Accel
North America, California, United States, Palo Alto
Co-Investments: 7
Union Square Ventures
North America, New York, United States, New York
Co-Investments: 2
Social Capital
North America, California, United States, Menlo Park
Co-Investments: 5
Bessemer Venture Partners
North America, California, United States, San Francisco
Co-Investments: 2
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 2

Which angels does Stewart Butterfield often collaborate with?

AU
North America, California, United States, San Francisco
Shared Deals: 3
KB
Europe, Noord-Holland, The Netherlands, Amsterdam
Shared Deals: 2
LG
North America, California, United States, San Francisco
Shared Deals: 3
DF
North America, California, United States, Penngrove
Shared Deals: 2
CH
North America, California, United States, San Francisco
Shared Deals: 4
AM
Europe, Noord-Holland, The Netherlands, Amsterdam
Shared Deals: 3
RP
North America, California, United States, San Francisco
Shared Deals: 2
AC
North America, New York, United States, New York
Shared Deals: 3
Tobias Lütke
North America, Ontario, Canada, Ottawa
Shared Deals: 3
CF
North America, California, United States, San Francisco
Shared Deals: 2

What are some of recent deals done by Stewart Butterfield?

Lovable

Stockholm, Stockholms Lan, Sweden

Lovable is an AI-powered platform that enables users build applications and software products without needing extensive coding skills.

Artificial Intelligence (AI)Developer PlatformDeveloper ToolsSoftware
Series AJul 17, 2025
Amount Raised: $200,000,000
Neo Financial

Calgary, Alberta, Canada

Neo Financial is a FinTech company that provides spending, savings, and rewards programs.

FinanceFinancial ServicesFinTech
Series DNov 11, 2024
Amount Raised: $79,021,115
Noded Ai

San Francisco, California, United States

Noded Ai is preparing yourself for that customer meeting is tough.

Web Development
SeedJul 22, 2024
Amount Raised: $4,000,000
Unblocked

Vancouver, British Columbia, Canada

Unblocked provides developers helpful answers to their questions about the codebase.

Artificial Intelligence (AI)InternetSoftware
SeedOct 3, 2023
Amount Raised: $8,242,267
Linear

San Francisco, California, United States

Linear allows users to manage software development and track bugs.

ComputerDeveloper PlatformDeveloper ToolsSoftware
Series BSep 14, 2023
Amount Raised: $35,000,000
Panobi

San Francisco, California, United States

Panobi is a SaaS company currently in stealth.

SaaS
SeedAug 24, 2023
Amount Raised: $5,000,000
Vectara

Palo Alto, California, United States

Vectara provides a generative AI product platform for embedding generative AI features into applications.

Artificial Intelligence (AI)Developer PlatformGenerative AIMachine LearningNatural Language Processing
SeedMay 30, 2023
Amount Raised: $28,500,000
Humaans

London, England, United Kingdom

Humaans is a provider of HRIS employee management software for remote and distributed teams.

B2BHuman ResourcesInternetSoftware
Series AOct 4, 2022
Amount Raised: $15,000,000
ModernLoop

San Francisco, California, United States

ModernLoop is a platform to automates and streamlines interview coordination to ensure a great hiring experience

Meeting SoftwareProductivity ToolsRecruitingSaaSSchedulingSoftware
Series AAug 22, 2022
Amount Raised: $9,000,000
Venue

Toronto, Ontario, Canada

Venue helps culture-obsessed companies turn their recurring rituals - like All Hands, Town Halls, Exec AMAs, and more

Information and Communications Technology (ICT)Public RelationsVideoVideo Editing
SeedAug 17, 2022
Amount Raised: $4,000,000