February SMB SaaS VC Funding

Rena Wang
SurePath Library
Published in
2 min readMar 2, 2017

Every month, we look at startups serving the SMB space that has raised a round that month. See our last month’s post here. To learn more about SurePath’s SMB focus, send us a message at info@surepathcapital.com.

Earlier this month, we published our first annual State of SMB SaaS report — looking at SMB SaaS raises and exits in 2016. Be sure to check out the in-depth analysis on how SMB SaaS is shifting over time.

SaaS Startups That Raised In February

There were 23 fundraising deals in February that serve the SMB market (there were 23 deals last month as well). While a large number of these businesses also serve larger enterprises, a number of these companies are vertical specific.

Raise By Series

Largest Deals

Average Number of Employees at Time of Raise

Raises by Type

Raises by Country

As we continue to track SMB SaaS raises, we will provide updates every month. Every year, SurePath publishes a report on the State of SMB, be sure to subscribe to our mailing list.

At SurePath Capital Partners we help startups raise the capital needed to become market leaders. When the time is right, we help our clients achieve profitable, deliberate exit strategies. We only work with startups in the SaaS, e-commerce and marketplace segments. Across those segments we have a deep focus on companies serving the global SMB market. Say hello:info@surepathcapital.com

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Rena Wang
SurePath Library

I’m an MBA student @UPenn, a corp dev mgr @Celestica, formerly @SurePath. Passionate about tech, empowerment, and strategy.