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Anzu Partners

Boston, MAANZU-PARTNERS
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Dossier Summary

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Classification
Sluganzu-partners
HQBoston, MA
Stage FocusSeries A to Series C B2B SaaS, primarily in vertical soft…
Intel StatusAccepting submissions
🔥 BERNIE'S HOT TAKE

Anzu is a solid, no-nonsense B2B fund that actually knows the industries they invest in. Unlike funds that spray and pray across sectors, these guys have genuine domain expertise in healthcare, fintech, and supply chain software. John Freund's Bessemer pedigree shows in their disciplined approach to unit economics and scalability. They're not going to wow you with flashy PR or celebrity endorsements, but they'll roll up their sleeves and help you build a real business. The downside? They're not the biggest check writers, and if you're looking for consumer or deep tech, look elsewhere.

KEY TAKEAWAYS
  • Best for: B2B SaaS founders who want investors with real industry expertise
  • Watch out for: Limited check sizes compared to larger funds
  • Known for: Hands-on operational support and strong healthcare connections
Investment Thesis

Anzu Partners focuses on B2B SaaS companies serving industries like healthcare, financial services, and supply chain. They target businesses with proven models that need capital and expertise to scale into large, category-defining companies.

Stage & Sector Focus

Series A to Series C B2B SaaS, primarily in vertical software for healthcare, fintech, and supply chain. Check sizes typically $5-15M. Portfolio shows strong preference for companies with existing revenue and clear path to $100M+ ARR.

Notable Portfolio
VeracyteDefinitive HealthcareAppriss RetailWorkWaveMediStreamsOnticSpringbukZylo
Key Partners
John Freund
Managing Partner

Former Bessemer Venture Partners partner who led investments in companies like LinkedIn and Skype. Known for his healthcare and enterprise software expertise and hands-on approach with portfolio companies.

Tae Hea Nahm
Managing Partner

Ex-Storm Ventures partner with deep enterprise software experience. Previously at Hewlett-Packard and known for identifying B2B SaaS companies with strong unit economics early in their growth.

Nikhil Krishnan
Principal

Former healthcare entrepreneur and operator who founded Appriss Health. Brings operational experience and deep healthcare industry knowledge to portfolio companies.

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