Founded in 2017 and based in Bethesda, Maryland, SaaS Ventures invests in software-as-a-service companies in North America, with a focus on "second tier markets" that have the potential for major exits but attract relatively less venture funding. The firm typically co-invests with strong leads and brings its network of co-investors and next round investors, as well as enterprise software expertise, to add value. SaaS Ventures writes small checks into rounds of $750k-$3M that are mostly full, aiming to be a positive influence and non-competitive as they don't lead or take significant stakes in their portfolio companies. The firm sees itself as a partner that can fill out a round quickly and be low pain-in-the-ass to entrepreneurs compared to relatively high value add.