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Bringing collectively founders, buyers and an entire lotta SaaS
Might thirty first – June 2nd, SaaStock’s going stateside.
Austin, Texas, house to 900+ SaaS corporations, has been dubbed because the “Silicon Hills” for its thriving expertise business and powerful startup tradition.
Town, recognized for its laid-back and quirky tradition, has developed right into a hub of innovation and entrepreneurship. Two of our favorite traits over right here at SaaStock.
From Silicon Valley to Silicon Hills
The COVID-19 pandemic accelerated the tech migration to Austin and different cities outdoors of conventional tech hubs, such because the Bay Space. In accordance with the San Francisco Chronicle, on the top of the pandemic, Austin had the very best influx of tech employees of any main North American metropolis (from Might 2020 to April 2021).
The pandemic made distant work extra prevalent, and lots of techies selected to relocate to cities with a decrease price of dwelling and higher high quality of life. Equally, many names in Huge Tech started to reassess their enterprise fashions and techniques, together with their bodily areas. You don’t need to be Elon Musk to suppose: what’s the purpose of paying ridiculously excessive lease for workplace area when everybody’s working from house?
This explosive development throughout this brief timeframe noticed Austin come out on high as one of many largest winners within the post-Covid tech panorama: with a remodeled cityscape, and a solidified standing as a tech hub.
A metropolis of entrepreneurship, creativity and tradition
Sometimes called the “Stay Music Capital of the World”, Austin is house to extra than simply tech giants, and software program whizzes.
It’s additionally house to a vibrant neighborhood of artists, musicians, and creatives, and is a hub for occasions and festivals that showcase native and worldwide expertise.
The College of Texas helps this drive, because it helps construct the subsequent technology of game-changers and class definers, calling itself a “place to discover numerous alternatives for tomorrow’s artists, scientists, athletes, medical doctors, entrepreneurs and engineers.” The College particularly produces numerous engineering and laptop science graduates yearly, with headline-making alumni creating a powerful expertise pool within the metropolis.
And the entrepreneurial spirit flows past the college, too.
Capital Manufacturing unit, an accelerator based mostly within the coronary heart of town, defines itself because the “Middle for gravity for entrepreneurs in Texas”. Serving to entrepreneurs meet their first clients, staff, mentors. Seems like an organization we’d get alongside nicely with…
Excessive development SaaS corporations based mostly in Austin, Texas
Tessian
Staff: 201-500Locations: Austin, Boston, LondonTessian is a number one cloud electronic mail safety platform that intelligently protects organizations in opposition to superior threats and knowledge loss on electronic mail, whereas teaching folks about safety threats in-the-moment. Utilizing machine studying and behavioral knowledge science, Tessian routinely stops threats that evade legacy Safe E mail Gateways, together with superior phishing assaults, enterprise electronic mail compromise, unintentional knowledge loss and insider threats. Tessian’s clever method not solely strengthens electronic mail safety but in addition builds smarter safety cultures within the fashionable enterprise.
tray.io
Staff: 201-500Locations: Atlanta, Austin, California, Chicago, Dallas, Denver, Detroit, Durham, Houston, New York Metropolis, Washington DC, San Francisco, London, Raleigh, Chapel Hill, Sydney
Tray.io is a low-code, cloud-first method to automation. They’ve constructed a scalable, resilient, and safe platform that transforms fragmented course of into highly effective enterprise outcomes. Utilizing the Tray platform, organizations can join their total cloud stack utilizing APIs, and because of a visible workflow builder, clients can simply create automations that drive their enterprise processes utilizing clicks or code.
LogicMonitor
Staff: 1001-5000Locations: Austin, Singapore, London, Santa Barbara, New York, Sydney, Cambridge
LogicMonitor®’s SaaS-based observability and IT operations knowledge collaboration platform helps ITOps, builders, MSPs and enterprise leaders achieve visibility into and predictability throughout the applied sciences that fashionable organizations rely upon to ship extraordinary worker and buyer experiences. LogicMonitor seamlessly screens every thing from networks to purposes to the cloud, empowering corporations to focus much less on troubleshooting and extra on innovation.
Forecastr
Staff: 11-50Locations: Austin, Denver, Louisville
Forecastr is a high-growth, venture-backed startup on a mission to assist Founders construct nice monetary fashions to allow them to impress their buyers and make higher selections.
The robust startup tradition in Austin attracts and nurtures many revolutionary and entrepreneurial people, which helps create a pay-it-forward, supportive and collaborative atmosphere for SaaS startups.
Professional-Enterprise Local weather: Supportive authorities insurance policies
One other issue that pushes Austin ahead as a number one tech hub is its supportive authorities insurance policies. Town’s leaders haven’t solely acknowledged the significance of the tech business that’s flourishing in Austin, however have taken steps to help its development.
The Austin Expertise Incubator has been established to offer assets and help for startups. Moreover, town has invested in infrastructure and laws to help the tech business, together with high-speed web, cutting-edge services and tax incentives. This help has created a positive atmosphere for tech corporations to thrive and has made Austin a beautiful place for startups to launch and develop their companies.
Opening Doorways: Capital Enterprise in Austin
Austin has a thriving startup ecosystem, and there are numerous enterprise capital corporations and angel buyers within the space which can be desperate to put money into promising SaaS startups.
In 2021, the world set information for enterprise capital funding, with investments coming to an unbelievable $5.4billion. Unsurprisingly this slowed the next yr, however not drastically: Dealroom reported that Austin-based startups raised $5billion in 2022.
One of many corporations main the way in which is Jasper AI, who introduced a $125M Collection A Funding Spherical in October 2022.
With Jasper AI’s funding spherical being certainly one of many, Dealroom.co experiences that Austin-based startups are actually price over $128Billion.
That’s not a valuation of a small-time ecosystem: Austin’s acquired its foot within the sport.
Because the world builds out the “subsequent technology of tech”, Austin now formally ranks as #25 on a world record of tech ecosystems, based mostly on funding, innovation, expertise and end result.
But, it’s not simply any capital for any startup: town is taking it one step additional…
In accordance with an evaluation led by Pitchbook, Austin is without doubt one of the main cities seeing development in capital raised by feminine founders.
Pitchbook’s report exhibits that Feminine-founded startups have raised greater than $2.8 billion for the reason that begin of 2020, a whopping “161% enhance from its 2008 to 2019 whole”.
Accelerators equivalent to DivInc are actively working to “remodel the tech ecosystem right into a extra authentically inclusive place”.
Main SaaS Buyers HQ’d in Austin
LiveOak Enterprise Companions
LiveOak is an early-stage enterprise capital agency that invests in B2B SaaS corporations. They deal with corporations which can be leveraging expertise to resolve massive, complicated issues in industries like healthcare, monetary companies, and enterprise software program.
Portfolio consists of: Backflip, Ceresa, Chainguard, AmplifA, Flo
Subsequent Coast Ventures
Subsequent Coast Ventures is an early-stage enterprise capital agency that invests in B2B SaaS startups. They deal with corporations which can be fixing massive issues in massive markets and have a singular method to doing so.
Portfolio consists of: Aclaimant, Propensity, Diligent, Submittable, Stoplight
Silverton Companions
Silverton Companions is an early-stage enterprise capital agency that invests in B2B SaaS startups. They deal with corporations which can be utilizing expertise to resolve complicated issues within the enterprise area and are poised for speedy development.
Portfolio consists of: NotCommon, 443ID, SailPoint, Convey, Uptempo
S3 Ventures
S3 Ventures is an early-stage enterprise capital agency that invests in B2B SaaS startups. They deal with corporations which can be leveraging expertise to resolve complicated enterprise issues and are poised for speedy development.
Portfolio consists of: Liquibase, Allstacks, Sudozi
Mercury Fund
Mercury is an early-stage enterprise capital platform that seeks out transformative software program startups, led by distinctive founders, in communities throughout America.
Portfolio consists of: Molecule, Ambyint, Cloudsnap
Native to World: Constructing the SaaS startup ecosystem
“The SaaS phenomenon is gaining momentum. There’s a crucial mass of founders that may come collectively and share expertise. SaaStock is the catalyst for this motion.” – Philippe Botteri, Companion, Accel
Make an actual distinction to the lives and corporations of the SaaS neighborhood
In contrast to many startups, the SaaStock story didn’t start in a storage, with a laptop computer and some founders. It started for our Founder & CEO, Alex, with a profound curiosity in SaaS, and a want to grasp the mechanics behind it. Throw a curated SaaS weblog into the combination, and a podcast geared solely in the direction of B2B SaaS Founders and he was quickly selecting the minds of among the largest game-changers in SaaS.
This distinctive place Alex discovered himself in allowed him to forge robust relationships, climb into the minds of SaaS founders, and share all of it with the world. This in the end led to the beginning of a neighborhood that simply saved on rising, with B2B SaaS founders on the coronary heart of all of it.
There’s one thing type of magical that occurs when SaaS founders come collectively. No person can deny that it’s a lonely job on the high.
However coming collectively at SaaStock: founders are capable of study from each other, switch data and share struggle tales. They help one another and provides suggestions on their companies ‒ whether or not over dinner or a pint after an occasion, or on the primary convention – it’s a strong and lasting impression.
“Patrick Campbel (ProfitWell) met Christian Owens (Paddle) at SaaStock – a $200M acquisition and a $1.4 billion valuation later, the remainder is historical past.”
Alongside facilitating peer-to-peer connections, we introduce SaaS startups to potential buyers and clients.
“In 2022, we facilitated 2,000+ introductions between Founders & Buyers in Europe.”
Europe’s hottest SaaS Pageant involves Austin
Happening on the Austin Marriott Downtown, Might thirty first – June 2nd, SaaStock USA will carry collectively 800+ founders, buyers and an entire lotta SaaS.
3 day in-person convention
The place we carry collectively the very best Focus of SaaS decision-makers
800+ Attendees (400+ SaaS Founders and 100+ SaaS-focused Buyers)
We facilitate human connections, not simply conferences
Actionable Content material for each firm stage
Hand-picked audio system who’ve confirmed themselves to be world class leaders, trendsetters and disruptors in SaaS.
SaaStock attendees, audio system and sponsors embody the likes of Vitally, &Open, Vanta, ProfitWell by Paddle, Intercom, Accel, Founderpath, Stripe, UiPath, TripActions, Clickup.
Restricted tickets obtainable.
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