Complete database of 32 venture capital funds investing in platform as a service startups. Find the right investor with $21B in combined assets under management.
The platform as a service venture capital ecosystem has reached unprecedented scale, with 32 specialized funds managing $21B in assets.Investment activity has shown 17% growth year-over-year, reflecting strong investor confidence in the sector's long-term prospects.
In 2025, platform as a service startups attracted $13Bacross 367 funding rounds, with the average fund size reaching$230M. This represents a maturing ecosystem where specialized funds are increasingly focusing on vertical-specific expertise.
Investing in revolutionary platform as a service companies that are transforming industries through innovative technology and scalable business models.
Investing in revolutionary platform as a service companies that are transforming industries through innovative technology and scalable business models.
Investing in revolutionary platform as a service companies that are transforming industries through innovative technology and scalable business models.
Investing in revolutionary platform as a service companies that are transforming industries through innovative technology and scalable business models.
Investing in revolutionary platform as a service companies that are transforming industries through innovative technology and scalable business models.
Investing in revolutionary platform as a service companies that are transforming industries through innovative technology and scalable business models.
Investing in revolutionary platform as a service companies that are transforming industries through innovative technology and scalable business models.
Investing in revolutionary platform as a service companies that are transforming industries through innovative technology and scalable business models.
Investing in revolutionary platform as a service companies that are transforming industries through innovative technology and scalable business models.
Investing in revolutionary platform as a service companies that are transforming industries through innovative technology and scalable business models.
There are 32 active VC funds specializing in platform as a service investments, managing a combined $21B in assets under management. This represents one of the largest concentrations of specialized capital in the venture ecosystem, with funds ranging from $50M micro-funds to $2B+ growth-stage vehicles. The sector has attracted significant institutional capital due to its17% growth trajectory and strong exit potential.
Platform As A Service startups raise an average of $17M in Series A funding, with typical ownership ranging from 20-33%. This is above the cross-industry average due to the capital-intensive nature of many platform as a service business models and longer development cycles. Series B rounds average $34M, reflecting the sector's ability to scale efficiently once product-market fit is achieved.
Top-performing platform as a service VCs have generated 3x average returns average returnsover the past decade, with the best funds creating 6 unicorn companies. Leading funds like Platform As A Service Ventures A have demonstrated consistent performance through multiple market cycles, combining deep domain expertise with extensive portfolio support. Success rates for Series A investments reach 71% among top-quartile funds.
The typical platform as a service funding process takes 4-6 months, from initial pitch to signed term sheet. This includes 2-4 weeks for initial screening, 4-8 weeks for due diligence, and 2-4 weeks for final negotiations and documentation. Platform As A Service startups often require longer diligence periods due to technical complexity and regulatory considerations, but experienced sector-focused VCs can move faster due to their domain expertise.
Top platform as a service VCs prioritize technical differentiation, large addressable markets, and experienced teamswith deep domain knowledge. They look for startups that can demonstrate clear competitive moats, scalable business models, and strong early customer traction. Regulatory compliance, intellectual property position, and go-to-market strategy are particularly important in platform as a service. The best VCs also value founders who can articulate long-term vision and have the technical depth to execute complex roadmaps.
Yes, platform as a service VCs deployed $13B in 2025across 367 transactions, showing continued strong appetite for quality deals. While overall VC activity has normalized from peak 2021 levels, platform as a service remains a priority sector for most institutional investors. Hot subsectors include AI-powered platform as a service, Next-gen platform as a service platforms, Enterprise platform as a service solutions, which are seeing particularly strong investor interest and premium valuations.
Last updated: 9/1/2025 | Data aggregated from 32 VC funds, 367 deals, and 34 successful exits |About our methodology