We invest $200K–$5M in B2B software and AI companies from pre-seed to Series A
Voices
Stage 2 LPs
Stage 2 Founders
Stage 2 Founders
Stage 2 LPs
Our Approach
Our LPs are 1,000+ senior GTM executives who have actually built and scaled revenue engines. When a Stage 2 founder needs a customer intro, a VP Sales candidate, or a sanity check on pricing, our network is here to help.
Born at HubSpot. Backed by data. Now a best-selling book. Every Stage 2 portfolio company gets the Science of Scaling framework, the diagnostics, and direct access to the people who built it.
We treat investing as a team sport, pairing a career investor with a seasoned operator on every deal - the Pod Model. Instead of one generalist stretched thin, you're getting two partners each leaning into their strengths.
Most teams make critical scaling decisions on intuition or borrowed playbooks. The Science of Scaling is different — built from hundreds of startup case studies, refined over a decade of teaching, and used by every Stage 2 portfolio company.
Stage //01
You're consistently creating customer value. Pricing, positioning, and retention signals all confirm that the product solves a real problem for a real buyer.
Stage //02
You're generating revenue consistently and profitably. Your acquisition motion is repeatable. Your unit economics work. You're ready to add capital.
Stage //03
You're scaling revenue predictably while building a durable moat — a structural advantage competitors can't replicate by raising more.
GTM IN PRACTICE
Frameworks, toolkits, and playbooks from the Stage 2 team and the operators who've actually scaled it.
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Announcements
Stage 2 Capital invests in early-stage B2B software and AI companies, from pre-seed through Series A.
Stage 2 Capital writes checks of $200K to $5M. We invest from pre-seed through Series A and can lead, co-lead, or follow.
Stage 2 Capital invests in early-stage B2B software and AI companies. We are not focused on a single sector or vertical. Our portfolio is made up of companies across fintech, enterprise software, vertical software, data infrastructure.
Yes. Stage 2 Capital leads, co-leads, or follows, depending on what's right for the company and the round.
Stage 2 Capital does not have any geo restrictions - we invest in the best founders and companies globally. Our portfolio spans the US, UK, EU, Australia, and South America.
Stage 2 Capital is the first venture fund led and backed by GTM operators. We work in a pod-model with a GTM Partner tied to every deal. Our LP base is a community of over 1,000+ go-to-market operators, the CROs, CMOs, and CCOs behind companies like Databricks, Snowflake, Salesforce, Anthropic, Ramp, LinkedIn, Notion, and OpenAI. Stage 2 Capital was built specifically to solve the go-to-market challenges that decide whether early-stage B2B companies scale.
Founders can pitch Stage 2 Capital through our website or by emailing info@stage2.capital. It’s never too early to reach out and have a conversation.
Yes, but a board seat is not a requirement. The level of board involvement depends on the stage, ownership level and structure of the investment.
The first thing Stage 2 Capital does post-investment is a GTM Review. The GTM Partner does a deep dive with the team and returns a set of observations and recommendations that are the basis for working together. From there, we give founders direct access to a network of 1,000+ go-to-market operators who help with the hardest parts of scaling revenue: sales hiring, demand generation, pricing, sales process, and customer success. Support ranges from helping source and vetting first GTM hires to coaching founders and implementing proven sales methodologies. Founders also get access to the Science of Scaling curriculum, live monthly workshops with the LP base, and the Stage 2 LP GPT, an AI tool that lets them find the right LP by experience, function, industry, and location (think: "Stage 2 LPs in marketing with healthcare experience based in the Bay Area").
The Science of Scaling is a data-driven framework created by Stage 2 Capital co-founder Mark Roberge. It helps founders use their own data to decide whether a company is truly ready to scale revenue—and how fast. The framework moves through three stages: 1) product-market fit, 2) go-to-market fit, and 3) growth & moat. Stage 2 applies this methodology across its portfolio.
Get StaRTED
Stage 2 Capital writes $200K–$5M checks into B2B software and AI companies. Our 1,000+ operator LPs are part of every deal. And it's never too early to talk.