A Model That Already Works
The Hass Fund invests once product-market fit has been established. The technology should already be generating revenue from paying customers, with unit economics that make sense at scale.
Investment Focus
Proven First, Funded Second
The Hass Fund invests in technology companies that have already proven their model and are looking for a partner to fund the next stage of growth.
Sectors We Back
Companies with proprietary products and recurring revenue, whether designed for a single industry or sold more broadly across sectors. A defensible product and a retained customer base matter more to The Hass Fund than category labels.
Managed service providers and systems integrators with an established base of enterprise clients. We look for service models where predictable, contracted revenue forms the core of the business.
Businesses enabling the shift to cloud-native and distributed computing environments, from infrastructure tooling to platforms that help enterprises migrate and manage workloads at scale.
Companies protecting enterprise networks and the data that moves through them. The Hass Fund pays particular attention to businesses with certifications or compliance credentials that support entry into regulated markets.
Technology platforms serving financial services, including payments infrastructure and regulatory technology used by banks, asset managers, or insurers.
What We Look for in a Business
Revenue and Profitability Thresholds
Product-led businesses typically show meaningful annual revenue, generated from a diversified customer base spread across many accounts. Service-led businesses typically show profitability sustained across multiple years of operation. These characteristics offer a starting point for an initial conversation about fit.
A Market Position Worth Defending
We look for businesses with a recognized position in their category, whether through customer retention or technical differentiation that competitors find difficult to replicate.
Leadership Ready for the Next Stage
A management team’s ambition to grow matters as much as the numbers behind the business. We back teams that want a partner for the next phase, working alongside their own judgment on where the business should go.
Investment Parameters
Enterprise Value
The Hass Fund typically invests in mid-sized technology companies occupying the space between early-stage startups and large listed players in their category. Businesses that grow substantially during the partnership continue to receive support through follow-on capital.
Deal Structure
Investments can take the form of a minority or majority stake, depending on what the founders and the business need. The Hass Fund holds board representation in every investment regardless of ownership percentage.
Use of Capital
Funds raised through an investment typically support international expansion or acquisitions. Some transactions also include liquidity for existing shareholders looking to de-risk part of their holding. The exact mix is set deal by deal.