It’s no surprise that the SaaS industry is booming and going through exceptional growth in Georgia. This industry is projected to expand by over $232 billion by the end of 2024.
And if we talk about startups, there are around 10 SaaS unicorns that were founded in Georgia, including Calendly, Fulltstory, and One Trust.
Thinking about who helped all these businesses grow and become industry leaders?
Well, it’s the angel investors. Throughout the past decade, there have been many venture capital firms and private equity firms that invested their capital into deserving businesses.
To help you find such investors and also pitch to the right people, the following list highlights some of the top startup investors in Georgia, funding SaaS startups.
Find out The Top Startup Investors in Georgia Who Fund SaaS Startups
Firm | Focused Sectors | Funding Stages | Notable Investments | Total Investments |
Tech Square Ventures | Tech Square Ventures | Tech-Enabled Services, Enterprise, Marketplace | Early and Seed | Adpipe, CanvasAI, Cloverly, Clutch, Soactive |
BIP Ventures | Extraordinary partnership. Exceptional performance. | SaaS, Fintech, Healthcare, Media, Marketplace, Blockchain, Cybersecurity | Early and Seed | Kobiton, OncoLens, Eventeny, Tropical Smoothie Cafe |
Engage VC | Customer Experience, Big Data, Analytics, Sustainability, Supply Chain | Early-Stage Venture, Seed | Adpipe, Aetos, Birdstop, Canvs | 70+ |
Atlanta Ventures | Atlanta Ventures | Tech | Early and Seed | - |
TechOperators | Cybersecurity, Tech, SaaS | Early and Seed | Todyl, Automox, Phantom Security, Flashpoint | 60+ |
Valor Ventures | Tech, Software, Healthcare | Early and Seed | Aetos, Carework, Finquery, Allelica, Arpio | 40+ |
Zane Venture Fund | HealthTech, SaaS, Digital Businesses | Early and Seed | Skillcycle, Kirpa, OME, Beachbox, Parrot | 10+ |
Chanzo Capital | SaaS, IT | Growth/Expansion | Hubtel, Finaccess, Forhey, Zulzi, Farmerline | 10+ |
Tech Square Ventures
- Contact :Contact (techsquareventures.com)
- Website :Home | Tech Square Ventures
- Focused Sectors : Tech Enabled Services, Enterprise, Marketplace
- Funding Stages: Early and Seed
- Present in : Georgia
- Notable Investments : Adpipe, CanvasAI, Cloverly, Clutch, Soactive, Cresta, Qualytics, Saleo, FortifyData and CIRT
- Total Investments : 120+
Founded in 2014 by Blake Patton, Tech Square Ventures is an early-stage venture capital firm based in Atlanta.
Like most other VC firms, Tech Square Ventures wants to invest in startups that can go through strong growth and are led by experienced founders. Tech Square Ventures has had several successful exits, contributing to the aggregate value of over $10 billion for their portfolio companies.
Once the network has invested in the startup, its experienced network of mentors ensures that businesses can receive the best guidance.
The investment range of Tech Square Ventures can go up to several million dollars.
BIP Ventures
- Contact :Scale with Us | BIP Ventures
- Website :Extraordinary partnership. Exceptional performance. | BIP Ventures
- Focused Sectors : SaaS, fintech, healthcare, Media, Marketplace, Consumer Products, Blockchain and Cybersecurity
- Funding Stages : Early and Seed
- Present in: Georgia, Florida, Kentucky, Mississippi, North/South Karolina, Tennessee, Virginia, and Alabama
- Total Investments : Kobiton, OncoLens, Eventeny, and Tropical Smoothie Cafe
- Total Investments: 100+
BIP Ventures was founded in 2007 by Mark Buffington and Scott Pressly. The firm has established itself as one of the most active venture capital firms in the Southeast US, with a focus on supporting innovative startups and driving market-leading outcomes.
Since its inception, BIP Ventures has funded over 100 startups. They have achieved 15 successful exits, contributing to a total exited enterprise value of over $5 billion.
The investment range of BIP Ventures can range up to $10M, depending upon the startup sector and its estimated ROI.
Engage VC
- Contact :Contact Us - Engage
- Website :Home - Engage
- Focused Sectors : Customer Experience, Supply Chain & Manufacturing, Future of Work, Big Data, Analytics & Security, Logistics & Mobility, and Climate Tech & Sustainability
- Funding Stages : Early-Stage Venture, Seed, Venture
- Present in : Georgia
- Total Investments : Adpipe, Aetos, Birdstop, Canvs, Bluedot, MetaCX, WorkStep, Flureeand Chain io
- Total Investments : 70+
Engage is an innovation platform and venture fund founded in 2017. It was established through a collaboration between Tech Square Ventures and several leading corporations, including AT&T, Chick-fil-A, and Cox Enterprises.
Since its inception, engage has funded over 70 startups since its inception and usually focuses on B2B enterprise startups. The firm aims to support startups that have the potential to reshape industries and drive innovation in their relative sector.
Aside from startup investments, engage also uses its extensive network of corporate partners to help startups come across different challenges.
The investment range of Engage VC can range up to $3M.
Atlanta Ventures
- Contact :Atlanta Ventures | Capital
- Website :Atlanta Ventures
- Focused Sectors : Tech
- Funding Stages : Early and Seed
- Present in : Georgia
- Notable Investments : Adpipe and Alongside
- Total Investments : 63+
Operating since 2012, Atlanta Ventures is a famous investor network that funds SaaS businesses in Georgia. Ever since its inception, Atlanta Ventures has invested in many deserving businesses, having 25+ successful exits.
When investing in startups, the investors like to select businesses that are based on a unique idea and have strong growth potential.
Unlike other VC firms, Atlanta Ventures likes to sign long-term contracts. They have a motto to help their startups scale over the $100M mark and have been successful in doing so.
The investment range of Atlanta Ventures can range up to several million dollars, depending upon the business and estimated ROI.
Tech Operators
- Contact : info@techoperators.com
- Website :Seed and Series A Cyber and B2B Investment | TechOperators
- Focused Sectors : Cybersecutity, Tech, and SaaS
- Funding Stages : Early and Seed
- Present in : Atlanta
- Notable Investments : Todyl, Automox, Phantom Security, Flashpoint
- Total Investments : 60+
Founded in 2008 by Tom Noonan, Glenn McGonnigle, and David Goulden, TechOperators is an active venture capital firm that funds early stage startups. The network is headquartered in Atlanta and usually invests in businesses that have proven growth models.
TechOperators primarily looks for companies with existing products and recurring revenue or subscription models. They invest in solutions related to SaaS and high-tech, that are particularly dealing with modern challenges.
The investment range of Tech Operator can range up to several million dollars.
Valor Ventures
- Contact :Find the right lead investor for your seed round - Valor Ventures
- Website :
- Focused Sectors : Tech, Software, and Healthcare
- Funding Stages : Early and Seed
- Present in : Georgia
- Total Investments : Aetos, Carework, Finquery, Allelica, Arpio
- Total Investments : 40+
Valor Ventures (VV) is one of the most active SaaS venture capital firms. The network was founded in 2015 by Lisa Calhoun and it is headquartered in Atlanta. Valor Ventures is known for its focus on leading seed rounds for B2B SaaS startups, particularly those headquartered in the Southeastern United States.
Since its inception, Valor Ventures has funded a huge number of SaaS businesses and had 5 successful exits. Their investment criteria focus on early-stage companies, primarily at the Seed stage.
Recently, the investors have introduced the idea of the Inclusion Premium Investing Approach where they will be more focused on making equity deals. The investment range of Valor Ventures lies between $300,000 to $3M.
Zane Venture Fund
- Contact :Zane Venture Fund Pitch Form (airtable.com)
- Website :Zane Venture Fund
- Focused Sectors: Healteach, SaaS, and Digital Businesses
- Funding Stages : Early and Seed
- Present in : Georgia
- Notable Investments : Skillcycle, Kirpa, OME, Beachbox, and Parrot.
- Total Investments : 10+
Zane Venture Fund is an Atlanta-based venture capital firm that focuses on tech-enabled solutions and the health sector. The network was founded in 2018 by a group of experienced entrepreneurs and they have invested in a wide number of startups.
Zane Venture Fund is currently being operated by Shila Nieves Burney and Sig Mosley. When investing in businesses, the Fund seeks to support early-stage startups that are having a low-competition.
The investment range of Zane Venture Fund can range up to several million dollars.
Chanzo Capital
- Contact : emko@chanzocapital.com
- Website :Chanzo capital : Homepage
- Focused Sectors : SaaS and IT
- Funding Stages : Growth/Expansion
- Present in : Georgia, South Africa
- Notable Investments : Hubtel, Finaccess, Forhey, Zulzi, Farmerline, Amp.it, eCampus
- Total Investments : 10+
Chanzo Capital is a venture and growth capital firm that invests in high-tech startups and scaleups across Africa, specifically in Kenya, Ivory Coast, Nigeria, Ghana, and South Africa. The network was founded in 2018 and invests in a wide range of startups, at the early and the seed stage.
Similarly, when investing in businesses, the team of investors are prioritizing startups that have a huge growth potential and can easily scale internationally. They have a team of experienced investors who not only provide the required capital but also help the startups expand and guide them throughout different stages.
Chanzo Capital invests between $500K and $5M during the exponential growth phase of companies (Series A to C).
Wrap-Up:
And there we are done discussing the top startup investors in Georgia who are investing in SaaS startups. However, before you start preparing pitch decks and filtering VC firms, always spend some extra time researching angel investors.
For example, most of the VC firms that are mentioned, only invest in Atlanta or a few other cities in Georgia while some other venture capitalists invest all across the state.
So, cast a wide net, explore all the options, and prepare a great pitch deck to maximize your chances of securing the funding.