Investor Type | Firm |
Industries | Software (Web Marketplace Saas..) • IT (& TMT) • Businesses Solutions • Retail (& E-Commerce) • HealthTech (& Fitness) • Impact • SaaS • Investment Management |
Blossom Street Ventures is a Dallas, Texas-based venture capital firm that focuses on providing early stage growth capital to promising SaaS companies. The firm specializes in investing in entities with annual recurring revenue (ARR) ranging from $3 million to $30 million, priding themselves on working with founders who demonstrate a commitment to being cash efficient, resourceful, and pragmatic. With a robust investment portfolio, Blossom Street Ventures supports software companies not just in the United States but also in Canada and the United Kingdom, targeting Series A to Series E funding rounds. Their approach to investment is unique, gearing towards 'special situations' such as inside rounds, small rounds, fast rounds, extensions, and cap table cleanup. By leading or following in traditional growth rounds as well, they adjust their commitments between $1 million to $4 million. Blossom Street’s quick and data-driven process ensures a 3 to 4 weeks timeline from the assessment of a company's data to full commitment, outpacing the industry's standard evaluation period. A hallmark of their strategy includes not requiring warm introductions, inviting founders to connect directly with a partner, thereby fostering accessibility and transparency in the venture capital landscape. By maintaining an updated track record of metrics from every publicly traded SaaS company in the US, the firm demonstrates a commitment to staying at the forefront of the industry’s pulse. Blossom Street Ventures invests across various sectors including HR software, app tech, parking solutions, sales and marketing software, apps, greeting cards, dating platforms, eCommerce, and healthcare software. Since their inception in 2014, they have funded over 30 companies and deployed more than $64 million in total capital, with a decision process that spans 2 to 4 weeks.