What’s our story?

Traditional lenders view emerging SaaS companies under an underwriting lens that focuses on hard assets and profits. SaaS Capital, in contrast, focuses on the stability of a company’s revenue stream and its capacity to generate positive cash flow when necessary. 

The team at SaaS Capital is a collection of SaaS finance, marketing and technology experts that understand the unique characteristics and needs of the SaaS business model.

Todd Gardner, Founder and Managing Director

Direct SaaS lending experience; managed multiple SaaS investments; 10 years venture capital experience.

SaaS Capital, Inc. (2007 - 2010) - CEO of predecessor corporation that proved out the model of lending to the SaaS industry.

Blue Chip Venture Company (1996 - 2006) - Director who led software/ASP/SaaS deals, all returning 100% of capital despite technology market crash.

Deloitte Consulting (1993-1996) - Team leader for enterprise-scale IT deployments.

PNC Bank (1987 - 1991) - Vice President in commercial loan and leasing department.

» Contact Todd

Rob Belcher, Managing Director

Specialty debt lender and startup executive; venture capital, investment banking and economic consulting.

Lighter Capital (2010 - 2014) - Senior executive at venture-backed financial services company. Pioneered non-dilutive MRR-based debt instrument. Completed 60 financings.

Voyager Capital (2010) - MBA Intern Associate for this West Coast venture capital firm. Assisted with 2 investments and 1 exit.

Silver Steep Partners (acquired by D.A. Davidson) (2009) - MBA Summer Associate for boutique investment bank. Assisted in two transactions, including the $90M sale of Black Diamond Equipment.

Wood Mackenzie (2003 - 2008) - Commodities analyst for Edinburgh, Scotland-based energy research and consulting company.

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Brent Haswell, Head of Technology

Senior level technology executive with broad experience in infrastructure, technology assessment, and product development.

Schneider Electric (1992 - 2009) - Vice President of Information Technology responsible for all network, data center, help desk and support organization; managed global outsourcing contracts with IT vendors, responsible for application development and system implementations.

AK Steel (1985 - 1992) - Managed application development and lead various technology projects, including artificial intelligence initiatives.

Member of Cincinnati CIO Roundtable and former board member of Technology Services company. 

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Tobie Cook, CFO

Financial professional with 16 years in the finance vertical with experience managing multiple VC/PE funds.

Blue Chip Venture (2015-2018) - Managed all financial aspects of a firm with 5 distinct funds and over 300 LPs. Responsibilities included accounting, tax prep, banking, LP communication, payroll, cash management, and HR.

Walnut Ventures (2013-2015) - Accounting and compliance across 3 venture funds.

Security National (2008-2013) - Accounting and finance for a large aggregator of auto loans.

» Contact Tobie

Nick Perry, Head of Marketing

Marketing and digital strategy professional with a demonstrated history of effectively executing in both B2B and B2C environments.

Demand Marketing Services (2014-2015) - Co-Founder. focused on marketing automation, inbound marketing, search engine and social marketing, website analytics, search engine optimization, and lead generation.

Schaeffer’s Investment Research (1997-2010) (2012-2014) - VP Digital Strategy, lead gen, business strategy, content development, search optimization.

Trivantis (2010-2012) - Search engine marketing, email marketing, lead nurturing, web analytics, and search engine optimization.

» Contact Nick

Steve Jaffee, Credit Committee

Serial entrepreneur with 20 years of debt and equity experience who has successfully managed, grown and exited early-stage companies. Involved with SaaS Capital since 2007.

Dreadnought Capital (2015-Current) - Founder of this SaaS Capital feeder fund providing smaller credit facilities to earlier-stage SaaS companies.

Reservoir Venture Partners (2005-2015) - General Partner focused on SaaS investments.  Led the investment in SaaS Capital Inc, and served as Chairman.


We’re thrilled to have the support of a leading technology investor like SaaS Capital as we continue to grow and execute on our business plan.

Stefan Midford

CEO, Natural Insight

What are others saying?


Contact Us:

SaaS Capital

Cincinnati, OH
(p) 513.368.4814

Seattle, WA 
(p) 303.870.9529