# SaaStr Fund: portfolio, investments and team > SaaStr Fund is a vc firm based in United States. 7 investments on record, 1 in the last 12 months, latest Jan 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/saastr-fund (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # SaaStr Fund Last cheque observed Jan 2026; 7 cheques on record. Email VC firm Deploying now Seed Series A Series B Developer Tools FinTech Finance & Crypto Follow SaaStr Fund and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fsaastr-fund) Deploying now **50%** of best year **1** **cheques in 12 months**, 7 on record Since the last cheque **282** days **00** hrs **00** min **00** sec Median round **$7.5M** Rounds led **1 of 7** Sole investor **1 rounds** Mostly in **United States, 67%** Pitch SaaStr Fund ## SaaStr Fund highlights - 01 1 cheques in the last 12 months - 02 Mostly Series A and Series C: 80% of its rounds - 03 Sole investor in 1 rounds, median $7.5M ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B - **Sectors:** Developer Tools FinTech Finance & Crypto - **Based in:** Palo Alto, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **7 appearances** - **2026** 1 round - **Jan** **[Consio AI](https://millionrounds.com/company/consio-ai)** Seed · CA · TechStartups **$3.3M** With 5 others - **2025** 1 round - **May** **[RevenueCat](https://millionrounds.com/company/revenuecat)** Series C · US · TechCrunch **$50M** With 6 others - **2019** 2 rounds - **Oct** **[HelloOffice](https://millionrounds.com/company/hellooffice)** US · TechCrunch **$6.5M** With 7 others - **Oct** **[Algolia](https://millionrounds.com/company/algolia)** Series C · US · FinSMEs **$110M** With 7 others - **2018** 1 round - **Oct** **[Teamable](https://millionrounds.com/company/teamable)** Series A · AM · TechCrunch **$5.0M** With 3 others - **2016** 2 rounds - **Dec** **[Automile](https://millionrounds.com/company/automile)** Series A · US · TechCrunch **$7.5M** *Led* - **Jan** **[BetterWorks](https://millionrounds.com/company/betterworks)** **$20M** With 18 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **1 named** JM **Jason Mayer Lemkin** Managing Member i Form ADV We also hold **7** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$289M** gross assets of its funds Oct 2026 **Exempt** reporting adviser venture or small private funds - **Legal name:** Saastr Fund Management, L.L.C. - **SEC number:** CRD 284854 ## The cheque Seed Series A Series B Median round joined **$7.5M** the round, not its cheque Alone, median **$7.5M** Led 1 of 7 rounds **14%** - **Sole investor:** 1 rounds - **Last cheque:** Jan 2026 Rounds by stage said on their site - Series A said *2* - Series C *2* - Seed said *1* - Series B said *-* Cheques by month Led Joined Dec 2023 Nov 2026 **Pitching SaaStr Fund?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies SaaStr Fund put money into. [**RevenueCat** $50M · May 2025](https://millionrounds.com/company/revenuecat)[**Algolia** $110M · Oct 2019](https://millionrounds.com/company/algolia)[**Teamable** $5.0M · Oct 2018](https://millionrounds.com/company/teamable)[**Automile** $7.5M · Dec 2016](https://millionrounds.com/company/automile)[**BetterWorks** $20M · Jan 2016](https://millionrounds.com/company/betterworks) ## Mentioned on podcasts Episodes that name SaaStr Fund in their description, not their title. - [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 3 Nov 2023 · 50 min 20VC Roundtable: Why Early Stage Founders Should Not be Investing, Why Great Founders Have Low EQ, How the Structure of VC Firms Will Change, Will Founder-Led Funds Compete with Sequoia & Is Investing a Team Sport? Mentions [Auren Hoffman](https://millionrounds.com/fund/auren-hoffman)[Flex Capital](https://millionrounds.com/fund/flex-capital)[Jack Altman](https://millionrounds.com/fund/jack-altman) *+2* Apple PodcastsShow page - [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 13 Jan 2023 · 49 min 20VC: WTF is Going On in VC? Are VCs Still Investing? How Has What VCs Want in Investments Changed? Are LPs Investing in New Funds? Why VCs That Invest in Public Markets Are Losers? Dec 2023; Will It Be Better Or Worse with Jason Lemkin With [Jason Lemkin](https://millionrounds.com/person/jason-lemkin-2) Mentions [SaaStr Fund](https://millionrounds.com/fund/saastr-fund) Apple PodcastsShow page - [The Official SaaStr Podcast](https://millionrounds.com/podcasts/saastr) 11 Jan 2023 · 16 min SaaStr 624: Investing and Venture Capital in 2023 with SaaStr Founder and CEO Jason Lemkin and Atrium Founder and CRO Pete Kazanjy Mentions [SaaStr Fund](https://millionrounds.com/fund/saastr-fund) Apple PodcastsShow page - [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 30 Nov 2022 · 60 min 20VC: Jason Lemkin on Why Founders Do Not Care About Their VCs Anymore, Why Zoom Made Us All Worse Investors, Why 80-90% IRR Should Have Been Warning Signs and the Algolia Journey From Seed to $2.25BN Valuation With [Jason Lemkin](https://millionrounds.com/person/jason-lemkin-2) Mentions [SaaStr Fund](https://millionrounds.com/fund/saastr-fund) Apple PodcastsShow page - [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 20 Mar 2017 · 34 min 20VC: SaaStr's Jason Lemkin on The 3 Things You Want From Your LPs, Why Most VCs Do Not Add Value & Why The Best VCs Know How To Package Startups For The Next Round With [Jason Lemkin](https://millionrounds.com/person/jason-lemkin-2) Mentions [SaaStr Fund](https://millionrounds.com/fund/saastr-fund) Apple PodcastsShow page ## Quick answers about SaaStr Fund ### What does SaaStr Fund invest in? SaaStr Fund invests most often at Series A and Series C (80% of the rounds on record), in sectors such as Developer Tools, FinTech and Finance & Crypto. ### How active is SaaStr Fund? 7 investments on record, 1 of them in the last 12 months, and it led 1. The most recent was in Jan 2026. ### What has SaaStr Fund invested in recently? Its most recent investments on record: Consio AI (Seed, Jan 2026), RevenueCat (Series C, May 2025) and HelloOffice (Undisclosed round, Oct 2019). ### How big are SaaStr Fund's cheques? The median round it joins is $7.5M. ### Does SaaStr Fund lead rounds? Sometimes: it led 1 of its 7 investments on record (14%). ### Where does SaaStr Fund invest? Most of the companies it backs are in the United States (67%), Canada (17%) and Armenia (17%). ### Is SaaStr Fund investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### What kind of investor is SaaStr Fund? SaaStr Fund is a VC firm based in Palo Alto, United States. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=saastr-fund) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=saastr-fund)