For SaaS founders, the right angel investor can provide more than capital. Investors with software experience can bring valuable perspective on fundraising, financial strategy, growth, and the realities of scaling a recurring-revenue business. I've put together this guide to help you identify which investors are funding SaaS startups.
Top 14 SaaS Angel Investors
The investors below bring experience across SaaS, fintech, AI, and enterprise technology, with backgrounds as founders, operators, and early-stage backers.
Jason Lemkin
Jason Lemkin founded SaaStr, the B2B software community and investment platform, after building EchoSign as co-founder and CEO and selling the electronic-signature company to Adobe in 2011.
Through SaaStr and its investment…
Jason Lemkin founded SaaStr, the B2B software community and investment platform, after building EchoSign as co-founder and CEO and selling the electronic-signature company to Adobe in 2011.
Through SaaStr and its investment arm, Lemkin backs seed and early-stage B2B software companies while publishing extensively on SaaS growth, sales, fundraising, and operating metrics. His experience on both sides of the table gives founders an investor who understands recurring-revenue businesses from formation through scale.
Dharmesh Shah
HubSpot co-founder and CTO Dharmesh Shah is a software entrepreneur, startup writer, and longtime angel investor who previously founded enterprise software company Pyramid Digital Solutions.
Shah says he has invested in more…
HubSpot co-founder and CTO Dharmesh Shah is a software entrepreneur, startup writer, and longtime angel investor who previously founded enterprise software company Pyramid Digital Solutions.
Shah says he has invested in more than 100 startups and focuses exclusively on software. His portfolio includes companies such as Okta, OpenAI, Recurly, Help Scout, and WP Engine, pairing deep SaaS operating experience with a long record of backing software founders.
Gokul Rajaram
Gokul Rajaram is an early-stage technology investor and veteran product operator whose career spans leadership roles at Google, Facebook, Square, and DoorDash, plus major public-company boards.
Rajaram has backed software companies including…
Gokul Rajaram is an early-stage technology investor and veteran product operator whose career spans leadership roles at Google, Facebook, Square, and DoorDash, plus major public-company boards.
Rajaram has backed software companies including Airtable, Figma, Pipedrive, Supabase, Vercel, Deel, and Postman. He pairs capital with the product and operating perspective developed inside several generation-defining technology businesses, making SaaS a substantial part of his investing record.
Scott Belsky
Scott Belsky is a Partner at A24, founder of Behance, author, and early-stage investor who previously led strategy, design, and emerging products at Adobe after the company acquired Behance.
Belsky has invested…
Scott Belsky is a Partner at A24, founder of Behance, author, and early-stage investor who previously led strategy, design, and emerging products at Adobe after the company acquired Behance.
Belsky has invested across enterprise software, developer tools, fintech, and consumer technology, with companies including Notion, WorkOS, Supabase, Mercury, Ramp, and Carta in his portfolio. His investing draws heavily on experience building products and scaling creative technology businesses.
Elad Gil
Elad Gil runs Gil&Co, a multi-stage technology investment firm, after a career that included founding MixerLabs and Color and leading mobile and corporate strategy work at Google and Twitter.
Gil’s investments span…
Elad Gil runs Gil&Co, a multi-stage technology investment firm, after a career that included founding MixerLabs and Color and leading mobile and corporate strategy work at Google and Twitter.
Gil’s investments span SaaS leaders such as Airtable, dbt Labs, Deel, GitLab, Gusto, Notion, Retool, Rippling, and Stripe, alongside major AI companies. His operator-to-investor career gives him a particularly broad view of how software companies finance, organize, and navigate high growth.I’ve put together this guide to help you identify which investors are actively funding SaaS startups
Immad Akhund
Mercury co-founder and CEO Immad Akhund is a serial software entrepreneur and early-stage investor who previously co-founded Heyzap and has backed hundreds of startups since beginning angel investing.
Akhund has backed companies…
Mercury co-founder and CEO Immad Akhund is a serial software entrepreneur and early-stage investor who previously co-founded Heyzap and has backed hundreds of startups since beginning angel investing.
Akhund has backed companies including Airtable, Rippling, Linear, Substack, Rappi, and Applied Intuition and formalized that activity through an early-stage venture fund. His work building Mercury gives him direct exposure to the banking, cash-management, and financial infrastructure needs of SaaS founders.
Long Dinh
Long Dinh is CFO at Ada, where he has led finance through years of growth, after earlier investing work and a progression through Ada’s finance organization from controller to senior leadership.
Dinh…
Long Dinh is CFO at Ada, where he has led finance through years of growth, after earlier investing work and a progression through Ada’s finance organization from controller to senior leadership.
Dinh combines SaaS finance leadership with startup investing, including investments in software and finance-technology companies. His work spans fundraising, financial systems, strategic planning, and the changing economics of AI businesses, giving him an unusually finance-centered perspective as an angel.
Des Traynor
Des Traynor co-founded Intercom, now Fin, and has spent more than a decade shaping its product strategy, customer-service technology, and evolution from SaaS platform to AI customer-service company.
Traynor’s angel investing grew…
Des Traynor co-founded Intercom, now Fin, and has spent more than a decade shaping its product strategy, customer-service technology, and evolution from SaaS platform to AI customer-service company.
Traynor’s angel investing grew from using new products and advising their founders, with a portfolio that has included Stripe, Algolia, Notion, and Miro. His approach is grounded in practical lessons from scaling a SaaS business, particularly around product, pricing, enterprise expansion, and customer needs.
Lachy Groom
Lachy Groom is co-founder of Physical Intelligence and a prolific early-stage technology investor who previously joined Stripe early and later led Stripe Issuing across product and operations.
Groom’s investment record spans enterprise…
Lachy Groom is co-founder of Physical Intelligence and a prolific early-stage technology investor who previously joined Stripe early and later led Stripe Issuing across product and operations.
Groom’s investment record spans enterprise software, fintech, AI, and other technology businesses, informed by years inside one of the defining financial infrastructure companies of the SaaS era. That combination of payments experience and early-stage investing makes him especially relevant to software founders thinking about growth and capital.
Sunmeet Jolly
Sunmeet Jolly is Managing Partner of Jolly VC, an early-stage fund focused on AI, SaaS, and IoT, after decades in Silicon Valley technology sales, entrepreneurship, and angel investing.
Jolly’s investing began years…
Sunmeet Jolly is Managing Partner of Jolly VC, an early-stage fund focused on AI, SaaS, and IoT, after decades in Silicon Valley technology sales, entrepreneurship, and angel investing.
Jolly’s investing began years before the fund and now feeds a portfolio of seed and Series A companies across SaaS, AI, fintech, sales technology, and infrastructure. His operating background in enterprise sales adds a commercial lens to evaluating software businesses and helping portfolio founders reach customers.
Zach Holman
Zach Holman is a San Francisco founder and angel investor behind Signed, Calendearing, and Tifo who previously joined GitHub as an early engineer and advised GitLab ahead of its public-market debut.
Holman…
Zach Holman is a San Francisco founder and angel investor behind Signed, Calendearing, and Tifo who previously joined GitHub as an early engineer and advised GitLab ahead of its public-market debut.
Holman has made hundreds of startup investments and built Signed after repeatedly encountering poor tools for tracking private-market portfolios. His mix of software operating experience, SaaS investing, and hands-on thinking about equity, portfolio data, taxes, and investor reporting is especially useful for financially minded founders.
Edward Lando
Edward Lando founded Pareto Holdings, an investment and company-building platform that backs startups at very early stages and has participated in hundreds of global technology investments.
Lando and Pareto emphasize pre-seed investing,…
Edward Lando founded Pareto Holdings, an investment and company-building platform that backs startups at very early stages and has participated in hundreds of global technology investments.
Lando and Pareto emphasize pre-seed investing, often meeting founders before their companies have fully taken shape. His exceptionally broad portfolio includes substantial software exposure, giving him a wide comparative view of early-stage teams, financing, business models, and the asymmetric economics behind angel portfolios.
Sahil Lavingia
Sahil Lavingia founded Gumroad, wrote The Minimalist Entrepreneur, and became an early-stage technology investor after beginning his Silicon Valley career as an early employee at Pinterest.
His investing has included SaaS…
Sahil Lavingia founded Gumroad, wrote The Minimalist Entrepreneur, and became an early-stage technology investor after beginning his Silicon Valley career as an early employee at Pinterest.
His investing has included SaaS and software companies such as Figma, Notion, Vercel, and HelloSign. Lavingia’s experience rebuilding Gumroad around profitability and sustainable growth gives his investing perspective an unusual emphasis on cash generation, capital efficiency, ownership, and alternatives to the standard hypergrowth playbook.
Jim Kelliher
Jim Kelliher is a four-time technology CFO, angel investor, and financial advisor whose operating career includes finance leadership at Drift, Actifio, LogMeIn, IMlogic, and PTC Software.
Kelliher helped take LogMeIn public and…
Jim Kelliher is a four-time technology CFO, angel investor, and financial advisor whose operating career includes finance leadership at Drift, Actifio, LogMeIn, IMlogic, and PTC Software.
Kelliher helped take LogMeIn public and later led finance at Drift, bringing decades of operating experience to his startup investments and advisory work. For SaaS founders, his perspective sits squarely at the intersection of fundraising, financial controls, growth economics, board work, and building finance organizations that can scale.
What's Next?
Finding the right angel investors is only part of the equation—you also need to give them a compelling reason to invest. Before reaching out, use this SaaS funding guide to strengthen your traction story, sharpen your pitch, and build a more effective fundraising process.
Building and financing a growing SaaS business comes with no shortage of tough decisions. Subscribe to The CFO Club newsletter for practical insights on financial strategy, SaaS metrics, and growth—built for CFOs and senior finance leaders.
