A big week at SaaStr Fund! As a reminder, the SaaStr Fund is investing $170,000,000 in seed and late-seed investments. $750k-$4m checks for SaaS, Cloud and B2B startups at from $10k-$200k MRR. More here.
Some great news this week:
#1. Algolia and Legacy Investment Talkdesk in BVP Cloud 100!
Great to see for these pre-IPO leaders! We led the U.S. seed in Algolia, and were the first VC investor in Talkdesk!
#2. RevenueCat Launches First App Growth Conference, Sep 25th at Shack 15!
RevenueCat is the market leader for managing mobile subscription apps, with over 30% of U.S.-based mobile subscription apps using their SDK and API to manage mobile subsriptions. SaaStr Fund was the first investor in the company. They’re hosting their first App Growth conference just after SaaStr Annual in SF!
#3. Gorgias’ Next Generation AI Agent is Already Seeing 20% Automation Rate
Gorgias is the leading content center for e-commerce, with over 16,000 customers. SaaStr Fund led the seed round at $10k MRR and remans on the board. From the earliest days, Gorgias leaned into automating the agent experience. It’s next generation AI Agent has seen even better results, with customers able to dial up AI agent automation from 0% to 100%, with most choosing around 20%.
At SaaStr Annual in September, their CTO will present all the hard data on how it actually works. And what … doesn’t.
More on SaaStr Fund here:
The post This Week at SaaStr Fund: Algolia in Cloud 100, RevenueCat Launches App Growth Conference, AI Fuels Growth At Gorgias appeared first on SaaStr.
via https://www.aiupnow.com
Jason Lemkin, Khareem Sudlow
