SaaS Ventures
SaaS Ventures is a Washington, D.C. early-stage venture capital firm that backs enterprise software, AI, and cybersecurity founders in markets most investors overlook. Water is a one-off line in its book: as of 2026 the Leviathan database tracks a single water company, the water-utility compliance-software maker Klir, across two funding rounds.
Compiled by Antoine Walter, (don't) Waste Water, from official filings and direct intelligence in Leviathan.
The take
SaaS Ventures is an enterprise-software fund first, and a water investor only by exception. Founded in 2017 and led by managing partner Collin Gutman, who earlier co-founded the enterprise-tech accelerator Acceleprise, the firm built itself around a contrarian habit: writing early cheques in markets that coastal venture capital tends to overlook. Its book runs through AI, cybersecurity, and vertical software, and the team now spans a core practice, a later-stage growth arm, and a dedicated Israel fund.
SaaS Ventures backs water the same way it backs everything, as software. The Leviathan database tracks a single water company across two rounds in its portfolio, Klir, which sells compliance and process-management software to water utilities, an industry still run largely on spreadsheets and binders. Klir is water as SaaS Ventures sees most things, an unglamorous, regulation-heavy sector that is long overdue for good software, not a thesis about water itself.
SaaS Ventures rarely writes the lead cheque; in its own words it takes a village, so it tends to partner with other venture firms rather than go in alone. That makes it worth filing as an occasional, opportunistic water backer rather than a water fund. (don't) Waste Water rates its water commitment One-Off, and its last tracked water deal dates to 2021. For a newcomer mapping who actually funds water, SaaS Ventures belongs in the enterprise-software column: the fund to know if your water company is really a software company in disguise, and a long shot otherwise.
Water Commitment Score
Compiled from official filings, third-party records, and direct intelligence from investors and founders, in Leviathan · recomputed monthly · as of Jun 2026.
How they invest
Portfolio · 1 water companies
Invests alongside
Highlighted = profiled on (don't) Waste Water.
Frequently asked
- What does SaaS Ventures invest in?
- SaaS Ventures is an early-stage venture capital firm that backs enterprise technology founders, mainly in AI, cybersecurity, and vertical SaaS, often in markets coastal investors overlook. In water specifically it is an occasional investor: the Leviathan database tracks one water company in its portfolio as of 2026, the water-utility software maker Klir.
- Does SaaS Ventures invest in water?
- SaaS Ventures does invest in water, but rarely. It has backed a single tracked water company, Klir, whose software helps water utilities manage permits, sampling, and compliance. With one water company across two rounds and no new water deal since 2021, (don't) Waste Water rates SaaS Ventures' water commitment One-Off.
- Who runs SaaS Ventures?
- SaaS Ventures is led by managing partner Collin Gutman, who co-founded the enterprise-tech accelerator Acceleprise. The general-partner team includes co-founder Brian Gaister, Seth Shuldiner on the core practice, Jesse Bloom heading later-stage growth investing, and Sian Goldofsky running the firm's Israel fund.
- Where is SaaS Ventures based?
- SaaS Ventures is headquartered in Washington, D.C., in the United States, and was founded in 2017. It also runs a dedicated Israel practice. SaaS Ventures is an early-stage enterprise-software investor; in water it has backed one tracked company, the water-utility software maker Klir.
- Is SaaS Ventures a water-focused fund?
- SaaS Ventures is an enterprise-software venture firm, not a water-focused fund, despite some directory listings that label it that way. It invests across AI, cybersecurity, and B2B SaaS, and its only tracked water holding is Klir, a software maker serving water utilities. Water is a one-off line in its book, not its thesis.