Saas Ventures, L.L.C.

Multi-stage venture firmSEC venture capital fund advisersaasventurecapital.com

Early-stage venture capital backing AI, cybersecurity, and enterprise software founders.

In the firm's own words, from its website.

Reported fund assets
$94.1M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
1
Investment team
6
Latest vintage
2025
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

2 additional team members, 32 additional co-investors and affiliates, 12 additional investments, funds and LPs, 9 events, 1 verified contact (1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 3 vehicles
    on Form D, 18 months

    $7.95M reported sold so far.

    A Form D is filed when a vehicle takes its first money, so these are open to LPs now.

    FactSEC Form D filingsFor LPs, fund-of-funds, placement agentsVehicles →

People to know

View all people
  • Managing Partner
    Why: Managing partner: runs the firm
    No route on file yet
  • Managing Partner
    Why: Managing partner: runs the firm
    No route on file yet
  • General Partner — Growth
    Why: General partner: carries the investment decision
    No route on file yet

Relationship network

58 connected entities1 observed round

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

Reading the network
  • Sponsor
  • Company
  • Fund or vehicle
  • Person
›How strength and recency are read

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Saas Ventures, L.L.C.: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Saas Ventures, L.L.C.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

6 companies on record, 1 new in 12 months

Investments on record

6 companies, 0 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Cyrismaportfolio listingunknownunknownunknownunknownSep 29, 2026Fact Company website
Deep Sentinelportfolio listingunknownunknownunknownunknownSep 27, 2026Fact Company website
Highalphaportfolio listingunknownunknownunknownunknownSep 21, 2026Fact Company website

Stated thesis versus observed behaviour

6 observed deals
Stated (the firm’s website)
Sectors
ai, enterprise software, devtools, cybersecurity, b2b
Stages
pre seed, seed, early
Geography
israel
Check size
not stated; DFX does not estimate checks from round sizes
Self-described
seed
Observed (from deals on record)
Stage at participation
series a 100%
Stage at first entry
series a 100%
Sectors
unknown 100%
lead rate 0%follow-on rate 0%new companies, 12 months 1

Team

6 current, 2 departed

Decision makers

who to call first, and why; then everyone else by function
  • Brian Richard Gaister · Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility
  • Collin Gutman · Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility
  • Jesse Bloom · General Partner — Growth
    Why this person: General partner: carries the investment decision; Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team

6 current, 2 departed
2 departed (kept with end dates)

Contacts

1 firm phone

1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

12 vehicles, 0 LPs disclosed

Funds and vehicles

12 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Jack Greco - Akido, LLCFund2025 form d first saleFundraisingunknownunknown$8.0MOct 29, 2025
SaaS Ventures III, L.P.Fund2024 form d first saleEarly deploymentunknownunknown$28.6MNov 7, 2024
Saas Growth Opportunities Fund, LPOpportunity fund2023 form d first saleActive deployment$29.6M
Mar 27, 2026
67$15.8M
of $100M
Jun 8, 2023

Limited partners

0 LPs, 0 disclosed commitments
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.

Known LPs and allocators

0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

35 co-investors · on 1 other DFX graph

Co-investors

35 counted from shared deals, for the whole firm

Compare portfolios with Eudemian Ventures, LLC, Peak Xv Partners Operations LLC, Khosla Ventures, LLC or any firm. Co-investors across the market

Across DFX and the capital chainon 1 other DFX graph Show
Across DFX
  • The same institution is held on RIA and Wealth, matched by identifier. See which records
Across the graphs

Saas Ventures, L.L.C. is the same institution as 1 record in RIA and Wealth.

RIA and Wealth1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Evidence and history

14 dated events, 63 observations from 3 sources

Timeline

14 dated events
  1. seen on or beforeSep 24, 2026
    Saas Ventures, L.L.C.: SEED_FUND_MANAGER -> MULTI_STAGE_VC (both early and growth/opportunity families, reported GAV $94M)
    Classification changedClassificationInference
  2. seen on or beforeSep 14, 2026
    Saas Ventures, L.L.C.: MICRO_VC -> SEED_FUND_MANAGER (name or self-description says seed)
    Classification changedClassificationInference
  3. Mar 27, 2026
    Saas Ventures III, L.P. first reported on Form ADV by Saas Ventures, L.L.C. (Venture Capital Fund), GAV $40,612,101
    Fund first reported on Form ADVFundsInferenceSaas Ventures III, L.P.Form ADV
  4. Mar 27, 2026
    Jack Greco - Akido, LLC first reported on Form ADV by Saas Ventures, L.L.C. (Other Private Fund), GAV $6,408,691
    Fund first reported on Form ADVFundsInferenceJack Greco - Akido, LLCForm ADV
  5. Mar 27, 2026
    Saas Native, a Series of Cgf2021 LLC first reported on Form ADV by Saas Ventures, L.L.C. (Other Private Fund), GAV $960,358
    Fund first reported on Form ADVFundsInferenceSaas Native, a Series of Cgf2021 LLCForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 27, 2026 · 9 private fundsShow
Headquarters
unknown
Office address
unknown
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
Latest Form ADV
Mar 27, 2026
Private funds reported
9 (5 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$206Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
Pennington Partners & Co., LLC (Partner), owns 50% to 75%

Classification history

Every classification this record has carried3 on recordShow
  1. Sep 24, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $94M
  2. Sep 14, 2026
    Seed fund manager (confirmed, 95%)
    Name or self-description says seed
  3. Sep 12, 2026
    Micro VC (confirmed, 95%)
    Venture manager, reported GAV $20.1M across 5 vehicles

Evidence

64 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 27, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 27, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 22, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 27, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 27, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 22, 2024FactForm ADV
First Form ADV filing2019-03-28Mar 27, 2026FactForm ADV
First Form ADV filing2019-03-28Mar 22, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-27Mar 27, 2026FactForm ADV
Latest Form ADV filing2026-03-27Mar 27, 2026FactForm ADV
Latest Form ADV filing2024-03-22Mar 22, 2024FactForm ADV
SEC statusERA - ActiveMar 27, 2026FactForm ADV
SEC status effective2019-03-28Mar 27, 2026FactForm ADV
Venture share of reported funds1Mar 27, 2026FactForm ADV
Venture share of reported funds1Mar 22, 2024FactForm ADV
Business phoneMar 27, 2026FactForm ADV
Business phoneMar 22, 2024FactForm ADV
DescriptionSep 16, 2026Fact
DescriptionSep 14, 2026Fact
Self-described typeseedSep 16, 2026Fact
Self-described typeseedSep 14, 2026Fact
Legal formLimited Liability CompanyMar 27, 2026FactForm ADV
Legal formLimited Liability CompanyMar 22, 2024FactForm ADV
Other funds reported4Mar 27, 2026FactForm ADV
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 14, 2026Fact
Private funds reported9Mar 27, 2026FactForm ADV
Private funds reported9Mar 27, 2026FactForm ADV
Private funds reported5Mar 22, 2024FactForm ADV
Private fund gross assets (reported)$206MMar 27, 2026FactForm ADV
Private fund gross assets (reported)$206MMar 27, 2026FactForm ADV
Private fund gross assets (reported)$115MMar 22, 2024FactForm ADV
Schedule a diffsadiff-1Sep 27, 2026FactForm ADV
Stated geographyisrael
“geography words on the home page”
Sep 16, 2026Fact
Stated geographyisrael
“geography words on the home page”
Sep 14, 2026Fact
Stated sectorsAI, enterprise software, devtools, cybersecurity, B2B
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsAI, enterprise software, devtools, cybersecurity, B2B
“sector words on the home page”
Sep 14, 2026Fact
Stated stagesPre seed, seed, early
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesPre seed, seed, early
“stage words on the home page”
Sep 14, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 14, 2026Fact
Venture funds reported5Mar 27, 2026FactForm ADV
Venture funds reported5Mar 27, 2026FactForm ADV
Venture funds reported3Mar 22, 2024FactForm ADV
WebsiteMar 27, 2026FactForm ADV
WebsiteMar 22, 2024FactForm ADV
Site titleSep 16, 2026Fact
Site titleSep 14, 2026Fact
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, confirmedShow
Importance
45
elevated
Active deployment
29
moderate
Emerging
0
low
Freshness
100
high
Multi-stage venture firmSEC exempt reporting adviser

Both early and growth/opportunity families, reported GAV $94M

The inputs behind each score
importance
gav: 0.3 · funds: 1 · people: 0.28 · investments: 0.29 · co investors: 0.62
active deployment
investments 12m: 0.13 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-02-26
emerging manager
fund count: 12 · reported gav: $94.1M · first adv filing: 2019-03-28 · years since first filing: 7.5

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

3 dated events on the change ledger, latest event first
  • Organization classification changed
    2026-09-24
  • Organization classification changed
    2026-09-14
  • Adviser's first ADV filing
    2019-03-28source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.