Florida Funders
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Florida Funders (rebranded to FLF) has become the Southeast's most active early-stage investor since 2013 and they've earned it through sheer volume and local focus. They had 6 exits in 2025 alone when most VCs were struggling with liquidity. The transition from Tom Wallace to Saxon Baum as managing partner is smart - Saxon's younger, well-connected, and has that founder energy that resonates with startups. What makes them different: they're former founders who actually understand the journey, not finance guys playing VC. The hybrid fund + investor network model with 2,000+ accredited investors gives them unique deal flow and follow-on capacity. They're betting big on AI (4 of 6 new deals in 2025) but avoid 'ChatGPT wrapper' companies. The Florida angle isn't just marketing - they've genuinely helped build the state's tech ecosystem from scratch.
- —Best for: B2B SaaS founders in Southeast who want operators as investors, not just capital
- —Known for: High velocity, founder-friendly approach, strong follow-on support through investor network
- —Watch out for: They're volume players - may not have bandwidth for high-touch portfolio support
Florida Funders was built to mobilize Florida's wealth to invest locally in early-stage B2B tech companies, transforming the Southeast into a thriving innovation ecosystem. They invest at inflection points when bold ideas gain momentum and great teams are ready to scale.
B2B SaaS in Pre-Seed through Series B companies with focus on digital health, fintech, enterprise software, AI, Sports, and EdTech. Portfolio sweet spot checks between $250K ARR and $2M ARR.
Effective January 1, 2026, Saxon was appointed Managing Partner while Tom Wallace moved to Executive Chairman. Former co-founder of WeVue (venture-backed corporate culture software), spent 6 years leading sales and marketing before joining Florida Funders. Known for being highly connected in Florida's tech ecosystem.
Seasoned tech entrepreneur and investor who took over Florida Funders in 2016 with Marc Blumenthal. Former CEO and business partner with Kevin Adamek at Vector Solutions. Longtime mentor figure - 'If it weren't for Tom, there would be no FLF and no Florida technology ecosystem'.
Serial tech entrepreneur, investor and community builder. Former CEO of Intelladon and founder/CEO of Progressive Business Solutions. Former entrepreneur who finds supporting hundreds of founders 'rewarding and fun'.
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