The size of seed rounds are growing as seen in Mattermark’s recent investment report, which has brought on the rise of pre-seed funds looking to be the first money in to a startup before they raise a $2M+ seed round. Many people have written about this recently, including Manu Kumar from K9 Ventures in his post ‘The New Venture Landscape‘ and Ezra Galston from Foundation Capital in his post ‘A Pre-Seed Primer.‘ Below is a list of pre-seed funds that appear to invest in SaaS companies (among other areas). It’s a work in progress, so please add a comment or ping us
Today we announced the close of our first fund in San Francisco on TechCrunch. We are also very excited to announce the 10 companies that are part of our 2nd cohort here in San Francisco. We have spent the last 3+ months working closely with all of them and are impressed with what they are building. The companies below will present as part of our Demo Day on May 18th, 2015. Accredited investors interested in attending can email us at mike at acceleprisesf dot com. AdHusky provides an automated Facebook ad solution for SMB’s via partnerships with Eventbrite, Yahoo, WIX and more.
You just hired a sales executive. Do you recommend early stage SaaS companies hire a more junior or senior sales person as their first sales hire? I think this really depends on a couple of things: 1.The sophistication and price of your product 2.The type of buyer and company you’re going after For example, we’re selling a complex product that solves complex business problems, specifically for larger enterprise companies, with deals ranging anywhere between $40k-$250k ARR. Those kinds of deals typically need someone who understands the ups and downs of 90-120 day (or more) enterprise sales cycle, can navigate challenging
As we continue to build our community of early stage SaaS startups, it became apparent that having a hands on internal resource to not only help build out scalable and repeatable sales processes but also execute on those plans for our portfolio companies would be valuable. With that said, I am excited to bring on Ben Mones as the first ‘Sales in Residence’ at Acceleprise. Ben brings 3+ years of SaaS sales experience across both SMB’s and large enterprises. Ben will be in our office working side by side with our companies to help build their revenue engines and
Welcome to our new weekly CEO Q&A series with early stage SaaS CEO’s. Our mission at Acceleprise is to build a world class SaaS focused community and as part of that goal, we want to provide short and helpful content for early stage SaaS founders through these posts. This week, we interviewed Nathan Klarer, CEO of BridgeCrest Medical. BridgeCrest Medical is a SaaS platform that connects innovative mobile health technologies with proprietary health analytics to drive productivity improvements, reduced onsite accidents and insurance cost reductions for heavy industry around the globe. They are working with the some of the
Time flies when you’re having fun and the last 4 months flew by! Our first cohort in San Francisco kicked off in August and the companies have been working relentlessly over the last 4 months to build their businesses. We are excited about the progress they have made and look forward to showcasing them on 12/1 at 6pm at Salesforce’s Rincon Center office. Seven companies will be pitching at Demo Day and all of them will likely be raising money over the next few months. If you are interested in attending the demo day but have not received an invitation,
We are excited to be working with the Salesforce for Startups team to get our companies access to this great new program! The post below originally appeared on the Salesforce for Startups blog and was written by their Head of Startup Relations, Ludo Ulrich. Salesforce.com is a great startup success story example for many entrepreneurs. Now 15 years old, salesforce.com not only has thousands of customers, but also a thriving partner ecosystem. Through the years, we’ve learned that turning a startup into a great company requires many ingredients, but the most important one is customers. There’s a single big
Just three months ago in an article published in Forbes, Roger Lee, a partner at Battery Ventures, said “today, if your enterprise app isn’t beautiful, simple, elegant and easy-to-use from day one, your company has little hope of becoming a billion-dollar business. Design is everything.” We at Acceleprise agree with the importance of design in B2B apps, which is why we recently partnered with General Assembly and Momentum Design Lab to instill best practices in UX and design from the outset. Our companies in San Francisco are going through a four-month program starting this August 18th, and one component of that program is