These 68 companies buy early stage software businesses (under $1M ARR)
What They Pay
What They Look For
Filters
VitalHub
Public healthcare software company providing solutions for health and human services providers, focused on patient flow management, EHR systems, and workforce automation.
Omegro
People-first buy-and-grow acquirer of software companies providing a permanent and safe home for long-term sustainable growth. Part of Constellation Software with over 1,000 acquisitions completed and a commitment to never sell any business.
Saltwater
Holding company founded by former Uber CEO Ryan Graves, focused on acquiring and operating small, profitable technology businesses through a partner equity model with long-term ownership.
Battery Ventures
Global technology and software-focused investment firm backing potentially cutting-edge, category-defining businesses across multiple sectors and stages.
Advantive
Leading provider of mission-critical software for specialty manufacturing and distribution companies, offering purpose-built ERP, MES and SPC software solutions. TA Associates-backed strategic acquirer focused on vertical software consolidation.
Alpine Software Group
Vertical SaaS acquirer and operator helping industry-specific software businesses become market-leading platforms. Branch of Alpine Investors with 50+ acquisitions since 2016.
team.blue
Europe's leading digital enabler for entrepreneurs and SMBs. Serial acquirer building comprehensive digital services platform through M&A across 22 countries.
Alleyway Capital
Private equity firm focused on acquiring profitable micro-SaaS companies, taking controlling stakes with a transparent acquisition process.
Medallia
Enterprise experience management SaaS platform that captures and analyzes real-time customer and employee feedback, offering AI-powered insights for customer communication and engagement.
Volaris Group
Buy-and-hold acquirer of software businesses focused on long-term success, operating as part of Constellation Software Inc. Provides permanent home for companies with autonomy to operate and access to learning community. Has never sold a business after acquisition.
Noosa Labs
Serial acquirer of profitable small SaaS products helping SMBs and prosumers run their business efficiently. They operate and improve products for long-term customer benefit, focusing on businesses with strong organic growth, high profitability, and stable codebase.
Staytuned
E-commerce software company building the 'Salesforce suite for e-commerce' by acquiring and developing Shopify apps that drive merchant growth and ROI.
Litera
Global leader in legal technology providing workflow, AI-powered due diligence review, collaboration, and data management solutions. Known as 'The Legal Experience Company' serving over 2.3 million legal professionals.
Vertus Group
Rebranded division of Jonas Software and Constellation Software launched in December 2023. Acquires high-performing vertical market software businesses with buy-and-hold forever approach, preserving entrepreneurial culture across 7 distinct verticals.
Ideagen
Leading provider of software solutions for regulated and high-compliance industries including EHS, quality management, risk management, audit, and collaboration tools.
Verne
Micro-private equity firm that buys mission-critical B2B SaaS companies with a founder-friendly approach emphasizing transparency and minimal disruption.
Tyler Technologies Inc.
Provider of proprietary software to the United States public sector, offering integrated software and technology services for local governments, courts, schools, and other government entities.
Alicorn Venture Partners
European venture capital firm specializing in growth-stage frontier technology companies through secondaries and bespoke primary transactions, with strong focus on Israel and UK markets.
Pantastic Apps
E-commerce platform and acquirer that provides enterprise-grade application tools for independent brands to power their ecommerce operations, including AI-powered personalization, post-purchase offers, and affiliate marketing solutions
Balio
Team of ex-SaaS founders, operators, and investors who acquire and scale B2B software companies while preserving founder legacy.
Vitec Software Group
Leading provider of vertical software solutions that develops and delivers standardized software for various industry niches, growing primarily through acquisitions of well-managed software companies
Next Coast Ventures
Austin-based venture capital firm providing early-stage capital to high-growth startups in 'Next Coast' markets between traditional coasts, with thematic research-driven investment approach.
Shop Circle
Leading AI-driven technology platform that acquires and grows e-commerce software, specializing in commerce-centric products powered by AI.
Third South Capital
Micro-holding company focused on acquiring niche software businesses with $15K-$80K MRR that have proven product-market fit and low operational overhead.