a year ago

SaaStock Founder Launches $10M VC Fund, Backfuture Ventures

  • Alex Theuma, founder of SaaStock, has launched a new venture capital firm, Backfuture Ventures, which focuses on early-stage SaaS companies, primarily in Europe

  • Backfuture has closed its first round of funding at $3 million, with a target of $10 million

  • The firm will invest £100,000-200,000 in pre-seed and seed-stage SaaS companies

  • Theuma says that Backfuture's unique value proposition is its access to SaaStock's network of investors and founders, which can help portfolio companies grow.

      • ProblemTechnology

      "SaaS startups in Europe are struggling to find funding and access to a network of investors and experienced founders."

      Solution

      "Backfuture Ventures is a new VC fund that invests in early-stage SaaS companies, primarily in Europe, and offers them access to SaaStock's large network of investors, founders, and industry experts."

      Covered on