Paperclip Ventures

Paperclip Ventures is a San Francisco-based early-stage venture capital firm founded in 2017 that positions itself as a SaaS-only investment partner for B2B and B4B (business-for-business) founders. The firm's thesis targets pre-Series A SaaS companies with less than $5 million in revenue that have a credible path to $500,000 in monthly recurring revenue within 12 to 24 months and a Series A raise within 18 to 24 months of initial investment. Paperclip also runs an AngelList syndicate alongside its primary fund to enable its operator network to co-invest in deals. The team brings more than 40 years of combined startup operating and private-equity-backed operating experience alongside more than 20 years of venture capital and angel-investing experience. Each partner is a SaaS specialist, and Paperclip openly positions itself as a hybrid VC and consulting partner, offering hands-on product and go-to-market support branded as 'SaaS Venture Consulting.' The firm has made 15 investments across SaaS, B2B software, and media and information services. Named portfolio companies include Tailwind IT, Decklinks, and Velocity. The most recent publicly recorded investment is Tailwind IT in June 2022, with no new deployments publicly disclosed since, suggesting the firm is largely in portfolio-management mode. Paperclip Ventures suits founders who want deep operational engagement alongside capital, particularly those building enterprise SaaS businesses who can benefit from hands-on go-to-market support, product strategy input, and connection to the firm's operator network at a stage where most investors offer only a board seat.