Florida Funders

Florida Funders

In 2018, serial entrepreneurs Tom Wallace and Marc Blumenthal founded Florida Funders to plug a structural gap: talented founders were building in Florida but leaving to raise capital elsewhere. They launched as a crowdfunding platform before evolving into a venture firm that blends an institutional fund with a direct-investment network, aiming to anchor Florida's emergence as a nationally relevant tech hub. Florida Funders concentrates on B2B SaaS from pre-seed through Series B, operating inside verticals its partners have operated in as founders — fintech, AI, digital health, sports and entertainment, the future of work, e-commerce, and cybersecurity. The firm writes early checks and follows on through growth rounds, offering members of its investor network deal-by-deal access alongside the internal fund. The firm’s footprint extends beyond Florida across the broader Southeast, and confirmed investments include a high-volume portfolio of over 100 companies. No additional named portfolio company details, outside of the corporate bucket tags, were sourced. The firm reports more than $300 million deployed since launch across its combined vehicles. Its headquarters sits in Tampa, with a partner group that includes co-founders Wallace and Blumenthal, plus Kevin Adamek, Saxon Baum, and Michael Kadow. No investor-relations disclosure of separate vehicles — such as a philanthropic foundation or a real-asset arm — could be confirmed from public source material. The platform’s operational update notes 2,000-plus accredited investors on the network as of the most recent public disclosures; a specific month-stamped event within the last 24 months was not identified. The structural differentiator is the twin-engine capital model: a centralized venture fund running alongside a curated angel network that allows individual accredited investors to participate in one-off deals while the firm aggregates a scaled, early-stage portfolio. This dual-track design is uncommon among conventional seed-stage managers and gives Florida Funders a sourcing advantage — it converts a dispersed pool of Southeastern accredited investors into an institutional-quality origination network.