Florida Funders

Co-founders Tom Wallace and Marc Blumenthal, alongside partners Kevin Adamek, Saxon Baum, and Michael Kadow, lead the investment team. The firm describes itself as a team of serial entrepreneurs and venture capitalists who combine operational experience with investment expertise. The co-founders previously built and exited technology companies before launching the platform in 2018 (per the firm’s website).

Florida Funders sources primarily through its network of more than 2,000 accredited investors concentrated in Florida and the broader Southeast. The firm complements that network with an institutional fund structure that processes pre-seed through Series B B2B SaaS opportunities. By converting a large, localized investor base into a talent-spotting infrastructure, the firm aims to surface deals that coastal venture firms miss.

It operates as a hybrid: a traditional venture capital fund combined with a platform that lets individual accredited investors invest directly in startups deal by deal. The commitment can start as low as $5,000. This dual-track structure lets the firm pool institutional capital while also activating a wider community of angels, which the firm credits for increasing deal-flow velocity.

Florida Funders invests from pre-seed through Series B, with an explicit concentration on early-stage B2B SaaS companies. The firm focuses on inflection points where founding teams have validated product-market fit and need operational and financial partners to scale, rather than pure concept-stage pre-revenue bets.

Florida Funders concentrates on six named verticals — fintech, AI, digital health, sports and entertainment, the future of work, e-commerce, and cybersecurity — and states it sticks to what it knows. Any sector outside of B2B SaaS, or within verticals where the team lacks direct operational experience, is inherently lower priority. No explicit negative sector tags beyond that are published.