TinySeed Has Raised Its Fourth Early-Stage SaaS Fund, Totaling Over $16M
We’re delighted to announce we’ve raised our fourth fund, with more than 100 investors participating. This capital brings total assets under management to more than $59M, and allows us to invest in and support dozens of ambitious early-stage SaaS companies over the next three years.
TinySeed provides an alternative to venture funding, offering independent SaaS founders the capital, support, and mentorship to build incredible businesses. Founded in 2018 by Rob Walling (Drip, MicroConf) and Einar Vollset (Discretion Capital), TinySeed has backed more than 210 startups across six continents.
“I’m continually humbled by how many folks want to be involved in what we’re doing at TinySeed. This fund reflects a deepening commitment to backing founders who are building real businesses, on their own terms, without traditional venture capital.”
Our investment thesis is that investing broadly in profitable B2B SaaS companies that are not necessarily reliant on traditional venture capital can provide venture returns with less than venture risk. Along with receiving funding and mentorship, TinySeed founders are free to explore a wide range of choices: scale, sell, raise an angel round, or seek venture funding.
At $16M, this fund will allow our Accelerator program to back 60+ independent SaaS businesses in two yearly batches — including the nine exciting companies in our Fall 2025 batch.
Our latest batch announcement and a part of Fund 3
“While I’m extremely proud of the (top decile!) performance of our existing funds, the most existing thing for me is that the founders we invested in our earliest funds are becoming investors in our later ones with the proceeds from their exits.”
Recent TinySeed successes include the sale of ScrapingBee (TS 2020) to OxyLabs for 8 figures. Co-founders Pierre de Wulf and Kevin Sahin received guidance from TinySeed experts at every step of the exit process, and closed an all-cash deal that allows them to remain with the company for as long as they choose.
TinySeed funds are also performing extremely well. In 2025, we returned over 100% of Fund 1 to our investors within just six years — a very short turnaround in venture capital that places TinySeed in the top 5% of funds. Even better, Fund 1 still holds significant stakes in market-leading, profitable SaaS companies. As these businesses scale, the remaining upside will multiply our investors’ already-returned capital.
These achievements reflect the value and validity of our mission: to back ambitious founders building sustainable SaaS companies and support them with a world-class mentor network and hands-on guidance.
Interested in joining future funds? Learn more below, and be the first to know when we begin raising:
