TLDR:
- Forum Ventures is a leading early-stage fund, accelerator, and venture studio for B2B SaaS startups.
- Founded in 2014, the firm aims to make the B2B SaaS journey easier, more accessible, and successful for early-stage founders.
Forum Ventures, a prominent early-stage fund, accelerator, and venture studio for B2B SaaS startups, was founded in 2014 in New York and Toronto with a mission to support early-stage founders in their journey. The firm is led by CEO and Managing Partner Michael Cardamone, whose background includes operational roles at high-growth companies before transitioning to venture capital. Forum Ventures has evolved into a platform with three main strategies for engaging with early-stage B2B founders: a flagship accelerator program, an AI-focused Venture Studio, and a traditional pre-seed fund.
Significant milestones for the firm include consistently high founder Net Promoter Scores (NPS) and delivering meaningful returns for Limited Partners (LP’s). One of their investment success stories includes People Data Labs, a company that saw significant growth after receiving support from Forum Ventures. The firm currently manages over $100 million in assets under management (AUM) and has experienced positive returns for their LP’s.
Forum Ventures’ core areas of focus include Healthtech, Vertical SaaS, Applied AI, B2B Fintech, Supply Chain/Logistics, E-Commerce enablement tech, B2B marketplaces, and the Future of work. Their differentiation from other firms lies in their ability to engage with early-stage founders through three distinct offerings and their hands-on approach to supporting companies in their growth.
Challenges faced by the firm include balancing personal life with professional growth and finding the right partners to align with the firm’s goals. Looking ahead, Forum Ventures aims to become a top studio, accelerator, and fund for early-stage B2B companies while significantly growing their AUM to continue backing promising founders throughout their journey.