Top Florida Angel Investors for SaaS Startups

The worldwide SaaS industry was valued at around $300 Billion by the end of 2023 and is expected to go up to $1 Trillion by 2030.

Similarly, Florida isn’t new to the SaaS scene. Currently, there are 3 SaaS unicorns from FL, notabl y Kaseya, Pipe, and Magic Leap. With nearly $4 billion in investment for SaaS startups in 2023, it’s quite evident that angel investors are willing to boost Florida’s SaaS landscape.

So, here’s a list highlighting the top angel investors in Florida who are funding SaaS startups.

Here are The Top Angel Investors in Florida Who Fund SaaS Startups

Following is the list of some of Florida's most active angel investors who fund SaaS businesses.

Jay Wiley

• Linkedin: Jay Wiley | LinkedIn
• Preferred Industries: Big Data, Data Mining, Data Visualization, Enterprise Software, SaaS, Software, Venture Capital, Women Founded, Mobile, Social Media, Education, Lead Generation
• Notable Investments: Cafe X, OnlineEducationcom, AdEspresso, Sellbrite

Jay Wiley is an angel investor based in Florida, USA. He has been funding startups since 2014 and is known for his keen interest in data-related startups. In the past decade, Wiley has made more than 12 personal investments, with his notable investment in Mattermark during its Series A round.

Moreover, Jay Wiley is also known as a personal mentor who guides founders through different stages. His expertise in the data science and SaaS sector has helped many businesses scale internationally.

The investment range of Jay Wiley is around $200,000.

Andreas Penna

• Linkedin : Andreas Penna | LinkedIn
• Preferred Industries: Software, E-Commerce, Transportation, Consumer, Automotive, and Digital Businesses
• Notable Investments : Bonsai, Rain, LitPic, 99, and Fiton

Andreas Penna is a prominent angel investor based in Miami, Florida. He has been actively funding startups for over eight years, with a focus on early-stage ventures.

Moreover, Andreas Penna prefers to invest in startups that demonstrate innovative ideas with low market competition. He usually makes investments through startup fundraisers, incubator programs, accelerator events, or private investor meetings, having around 10 early-stage investments in his portfolio.

The investment range of Andreas Penna can range up to $1M.

Patrick Horsman

• Linkedin : Patrick Horsman, CFA | LinkedIn
• Preferred Industries: Consumer Internet, Software, Mobile, FinTech, Agriculture
• Notable Investments: Dollar Shave Club, PeerIQ, Safe Shepherd, Njoy, and Lyft

With a background in CFA Designation , Patrick Horsman is a seasoned entrepreneur and investor with a focus on   niche esoteric investments that offer a sustainable competitive advantage.  He is the Managing Partner and Co-Founder of Coral Capital, an investment platform specializing in DeFi and cryptocurrency.

Likewise, Patrick has been actively funding startups for over a decade, with a keen interest in early-stage ventures. His investment range usually depends upon the startups, but he has managed funds with total assets under management (AUM) exceeding $1 billion.

He prioritizes startups that are led by experienced founders and have strong teams to ensure a stable flow of ROI.

Jamie Egasti

• Linkedin : Jamie Egasti | LinkedIn
• Preferred Industries : SaaS, Events, Local, Marketing, Mobile, Social Media, Travel
• Notable Investments : MyArea Network

Having an extensive career at Procter and Gamble Ventures, Jamie Egasti is a seasoned angel investor and business leader with over 37 years of experience in marketing tech.

A little about his background, Jamie has held prominent positions, including CEO of Catalina and served as CEO of the Folgers Coffee Company.

Jamie prefers to invest in startups that demonstrate innovative solutions and have the potential for a market impact . He likes investing in businesses that can at least provide 3x ROI within the first 24 months of investment and usually invests at the early/seed stage. The average check size of Jamie Egasti can range up to $1.5M.

Mike Peters

• Linkedin : Mike Peters | LinkedIn
• Preferred Industries : Consumer Internet, Enterprise Software, SaaS, Business Services, Small and Medium Businesses, Internet Infrastructure, Consumers, Chat, Video Chat, Software, Financial Services, Investment Management
• Notable Investments : Service, Soomla, SeeSimilar, Install Brain, eAnswers, Special Savings, Be Gamer, and Skype

Mike Peters is also a well-known angel investor based in Phoenix, Arizona, and he is known for his strategic investments in the tech sector.

Mike prefers to invest in startups within the business/productivity software industry, seeking innovative solutions that can drive efficiency and productivity. Like most of his other investments in Florida, Peters prefers making quick profits and in some cases, also likes to fund startups  in exchange for equity deals.

The investment range of Mike Peters lies around $200,000.

Serena Williams

• X : Serena Williams (@serenawilliams) / X
• Preferred Industries : Software, Consumer, Digital Businesses, Women-Led, Fintech, Internet Services, IoT
• Notable Investments : Zigazoo, Clubhouse, Impossible Foods, Coin Tracker,  and MasterClass

Serena Williams is a renowned angel investor and venture capitalist. A little about her background, Serena Williams was mostly known for her amazing achievements in tennis sports but in the last decade, she has also entered into the venture capitalist community.

Serena Williams usually makes personal investments in many sectors including tech and healthcare. She also has a venture capital firm that focuses on helping minority groups tackle different challenges throughout the growth journey.

Moreover, Serena Williams has recently raised more than $110 Million through her venture capital firm to support early-stage companies. Her average check size can range between $50,000 to $300,000.

Sergio Zyman

• Linkedin : Sergio Zyman | LinkedIn
• Preferred Industries : Consumer Internet, Mobile, Mobile Commerce, Retail Technology, Mobile Coupons, Enterprise Software, Analytics
• Notable Investments : Gyft, GoSpotCheck, and Upstream

Sergio Zyman is a renowned marketing executive and angel investor. He is known for his transformative work at Coca-Cola in the launch of Diet Coke.

As an angel investor, Sergio Zyman focuses on early-stage startups, especially those in the marketing, consumer goods, and technology sectors. He has made many personal investments in the software sector and usually likes to fund companies dealing in the B2C sector.

Sergio Zyman also has wide experience as an angel investor and understands the problems that startup founders usually encounter. Which is why he is also providing mentorship services and free workshops to fresh startup leaders.

The investment range of Sergio Zyman can go up to $150,000.

Terence Channon

• Preferred Industries : SaaS, Apps, Social, Social Media, Sports
• Notable Investments : Draft Slayer, GoGig, uStadium, Brogle, and Moving Plus

Terence Channon is an experienced investor who has also been funding startups since 2004.

He prefers to invest in companies within the technology and digital marketing sectors, particularly those that offer innovative solutions for client success, start-up operations, and consumer engagement. Like most other investors in the state, Terence doesn't organize any startup events but participates in many programs to find worthy startups and boost them with the required guidance and investment.

The investment range of Terence Channon lies between $300,000 to $1.2M. He usually invests in early and seed-stage businesses.

Carlos Garcia

• Preferred Industries : Food, Tech, SaaS, Health, Fintech, Cleantech
• Notable Investments : Latitud, Foodology, PosivUS, Inventa

Carlos Garcia is a prominent angel investor and entrepreneur. His Finhabits went quite viral on social media and has been actively funding startups since 2017. Like most other individual investors in Florida, Carlos Garcia also funds startups at the earliest stage (inception) and guides them throughout the journey.

Carlos prefers to invest in startups within the software and fintech sectors, particularly those offering innovative solutions.

His investment range usually lies between $10,000 to $100,000.

Wrap-Up:

So, there we have the list of the top angel investors in Florida who are actively investing in SaaS businesses.

But, before we wrap up this list, here are some insider secrets that can help you prepare for a pitch deck presentation.

1. Angel Investors will always questions about the unique factors that set your business apart from the competition.
2. Almost every other individual investor loves investing in a profitable startup. That is why it’s important to include ROI as one of the main slides of your presentation.
3. Try to connect with specific angel investors through any startup events before delivering a presentation. Get some tips about what they would love to see in your business and that will make it easy to convince them during the presentation.