Investments
108Portfolio Exits
2Funds
1Latest SaaS Venture Capital News
Nov 30, 2023
Retrocausal , a Seattle, WA-based platform provider for manufacturing process management, raised $5.3M in funding. The round was led by Glasswing Ventures, One Way Ventures, and Indicator Ventures, with participation from existing investors Argon Ventures, Differential Ventures, Ascend Vietnam Ventures, Incubate Fund US, SaaS Ventures, Hypertherm Ventures, Stage Venture Partners, and Techstars. The company intends to use the funds to meet the market demand for its proprietary generative AI technology. Led by CEO Zeeshan Zia, Retrocausal is a company which specializes in AI-powered augmentation systems that help manufacturing workers avoid assembly mistakes while assisting industrial engineers continuously improve shop floor processes. Its Kaizen Copilot software for Manufacturing Assembly Optimization solution simplifies manual assembly operations and the underlying processes to empower the low-skilled workforce to take on high-skill manufacturing jobs. Retrocausal has been developing multi-modal foundation models focused on manufacturing trained on its proprietary datasets. The company has been granted three patents on its generative AI technology by the US Patent Office (USPTO) and has four pending patents. In April 2023, the company opened a new office in Dallas, Texas to be closer to its manufacturing customers in the Midwest and Mexico. It has also launched joint projects with Honda Innovations and Siemens Digital Industries. FinSMEs 30/11/2023
SaaS Venture Capital Investments
108 Investments
SaaS Venture Capital has made 108 investments. Their latest investment was in Retrocausal as part of their Seed VC - II on November 11, 2023.

SaaS Venture Capital Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
11/30/2023 | Seed VC - II | Retrocausal | $5.3M | Yes | 2 | |
11/24/2023 | Unattributed VC | CorePlan | $2.64M | Yes | 2 | |
10/24/2023 | Series A | Xtype | $5M | No | Columbia Capital, Inner Loop Capital, and Undisclosed Investors | 3 |
10/5/2023 | Seed VC | |||||
8/16/2023 | Series A - II |
Date | 11/30/2023 | 11/24/2023 | 10/24/2023 | 10/5/2023 | 8/16/2023 |
---|---|---|---|---|---|
Round | Seed VC - II | Unattributed VC | Series A | Seed VC | Series A - II |
Company | Retrocausal | CorePlan | Xtype | ||
Amount | $5.3M | $2.64M | $5M | ||
New? | Yes | Yes | No | ||
Co-Investors | Columbia Capital, Inner Loop Capital, and Undisclosed Investors | ||||
Sources | 2 | 2 | 3 |
SaaS Venture Capital Portfolio Exits
2 Portfolio Exits
SaaS Venture Capital has 2 portfolio exits. Their latest portfolio exit was Bellwethr on September 22, 2022.
SaaS Venture Capital Fund History
1 Fund History
SaaS Venture Capital has 1 fund, including SaaS Ventures II.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
10/1/2020 | SaaS Ventures II | $22.38M | 2 |
Closing Date | 10/1/2020 |
---|---|
Fund | SaaS Ventures II |
Fund Type | |
Status | |
Amount | $22.38M |
Sources | 2 |
SaaS Venture Capital Team
1 Team Member
SaaS Venture Capital has 1 team member, including current Managing Partner, Collin Gutman.
Name | Work History | Title | Status |
---|---|---|---|
Collin Gutman | Sterling Partners, Penn Foster, WorkAmerica, JobCompass, and The Boston Consulting Group | Managing Partner | Current |
Name | Collin Gutman |
---|---|
Work History | Sterling Partners, Penn Foster, WorkAmerica, JobCompass, and The Boston Consulting Group |
Title | Managing Partner |
Status | Current |
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