Florida Funders

Investment thesis

Florida Funders aims to address the scarcity of early-stage capital for startups in Florida by mobilizing local wealth to invest in early-stage B2B tech companies, particularly in fintech and AI.

Focus narrative

Florida Funders invests in early-stage B2B SaaS companies, specifically targeting the pre-seed to Series B stages. The firm focuses on various sectors, including Fintech, AI, Digital Health, Sports & Entertainment, Future of Work, E-commerce, and Cybersecurity. While rooted in the Southeast, Florida Funders is open to investing anywhere in the United States.

Value beyond capital

Florida Funders not only provides capital but also builds and nurtures early-stage tech companies through a hybrid model that combines venture capital with an angel investor network, facilitating growth and support for portfolio companies.

Community overview

Florida Funders is a venture capital firm founded in 2018 and based in Tampa, Florida. The organization was established by tech founders and investors Tom Wallace and Marc Blumenthal, who aimed to address the scarcity of early-stage capital for startups in Florida. Florida Funders began as a crowdfunding platform and has since evolved into a venture capital firm that mobilizes local wealth to invest in early-stage B2B tech companies. The firm has deployed over $300 million to more than 100 companies and has a network of over 2,000 accredited investors.

Community focus

Florida Funders invests in early-stage B2B SaaS companies, specifically targeting the pre-seed to Series B stages. The firm focuses on various sectors, including Fintech, AI, Digital Health, Sports & Entertainment, Future of Work, E-commerce, and Cybersecurity. While rooted in the Southeast, Florida Funders is open to investing anywhere in the United States.