North American venture fund, ‘Leaders Fund’ has launched a kitty of US $100 million to invest in “promising enterprise SaaS” companies.
The announcement was put up on the official blog of the Toronto & Atlanta-based VC. Leaders Fund is led by an experienced team of operators who have founded or scaled multiple enterprise software companies. Leaders Fund will make investments in high growth enterprise SaaS companies in those specific markets & across Canada & the US.
Leaders Fund is led by David Stein, founder/co-CEO of Rypple (acquired by Salesforce.com); Steve DeBacco, who most recently served as CRO of Applied Predictive Technologies (acquired by Mastercard) & was COO of Workbrain; & Gideon Hayden, of OMERS Ventures.
The fund’s focus will be to identify & invest in entrepreneurs who are solving critical problems facing the enterprise.
Image Credit: Leaders Fund