Investing in
mission-critical,
B2B SaaS
We’re a unique option for SaaS founders & CEOs.
In partnership with Pamlico Capital, we are seeking a majority investment or full acquisition of an at-scale SaaS business where the founder / CEO desires a seamless transition to pursue their next venture (or maybe to head to the beach).
Our Criteria
Business Model
B2B SaaS!
Particular fans of vertical solutions.
Size
Approaching $10M in annual recurring revenue (ARR) all the way up to $50M.
Profitability
Positive EBITDA or modest cash burn. Rule of 40+ over course of investment.
Growth
10-50% annual growth
or better.
About
Stoneybrook Ventures is a “search company” partnership between Pamlico Capital and Dave Gray.
Pamlico, based in Charlotte, NC, is the primary source of capital for our investments and acquisitions. With the experience that comes with investing $4 billion in over 100 companies, their focus is on helping great executives build market-defining companies.
Dave is a SaaS operator passionate about building healthy cultures, exceptional teams, and high-impact products. Prior to founding Stoneybrook Ventures, for 15+ years Dave was CEO of Birmingham’s most successful SaaS company, Daxko. The team’s accomplishments during Dave’s tenure included:
Became market leader with 10,000 customers and 350 team members
15 consecutive years of double-digit revenue growth and very healthy EBITDA margins
Executed 8 acquisitions and 3 Private Equity rounds
Selected 3 times as one of the 50 Best Companies to Work for in America
Alumni have gone on to found at least 9 startups and others are in key leadership roles across several high-growth tech companies
Follow Dave at…
Building on your legacy
Let’s chat.
Even if you’re not ready to sell and/or transition out of your business, you may still be interested in talking with Dave, a fellow software CEO.
We love talking to founders and CEOs of interesting software businesses and sharing our story, experiences, and scar tissue.
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