Leaders Fund, a Toronto, Canada- and Atlanta, GA-based newly formed evergreen venture capital firm, launched today with a $100m fund to invest in enterprise SaaS companies.
Led by David Stein, founder and co-CEO of Rypple (acquired by Salesforce.com) and co-founder of Workbrain (acquired by Infor), Steve DeBacco, CRO of Applied Predictive Technologies (acquired by Mastercard) and COO of Workbrain, and Gideon Hayden of OMERS Ventures, the firm will make investments in high growth enterprise SaaS companies selling solutions to businesses based in Toronto and Atlanta’s markets and across Canada and the US.
The fund’s evergreen structure will also enable the team to partner with other investors while ensuring deep alignment with portfolio companies on deal structure, growth strategy and long-term goals.
Enterprise software operator Howard Gwin will serve as a venture partner.
FinSMEs
13/01/2016