Who Funds SaaS Startups in Maryland?

Complete funding guide for saas entrepreneurs in Maryland. Find 6 VC funds, 3 accelerators,3 angel networks, and 2 grant opportunities.

$305M
Total 2026 Funding
83
Deals Completed
$6M
Avg Round Size
9
Active Funders

SaaS Startup Funding Landscape in Maryland

Market Overview

The saas startup ecosystem in Maryland has experienced remarkable growth, with $305M in funding across 83 deals in 2026.This represents 34% year-over-year growth compared to the previous year, positioning Marylandas a emerging market forsaas innovation.

The average funding round size of $6M reflects strong investor confidence in Maryland-based saas startups. Competition levels are currently very high, with 6 active VC funds specifically targeting this sector.

Top Funded Sectors in Maryland

SaasArtificial IntelligenceSoftware As A Service

Location Advantages

Maryland offers a concentrated saas ecosystem with specialized talent

Strong government support for saas innovation and R&D tax incentives

Access to leading universities and research institutions in the region

Lower operational costs compared to traditional tech hubs like San Francisco

Success Factors for SaaS Startups

  • Deep expertise in saas domain
  • Strong technical team with proven track record
  • Clear market validation and customer traction
  • Scalable business model with defensible moats
  • Access to industry-specific mentors and advisors

SaaS VC Funds in Maryland

6 active funds

Maryland Saas Partners A

📍 Maryland📅 Founded 2013💰 $256M AUM

seed stage focus • 28 portfolio companies

$8M
Typical Check Size

Investment Focus Areas

SaasEnterprise SoftwareArtificial Intelligence

Recent SaaS Investments

SaasCorp 1
Maryland AI
DataSaas Inc
Active in saas sector • Invests in Maryland-based startups
Learn More →

Maryland Saas Partners B

📍 Maryland📅 Founded 2013💰 $341M AUM

series-a stage focus • 64 portfolio companies

$2M
Typical Check Size

Investment Focus Areas

SaasEnterprise Software

Recent SaaS Investments

SaasCorp 2
Maryland AI
DataSaas Inc
Active in saas sector • Invests in Maryland-based startups
Learn More →

Maryland Saas Partners C

📍 Maryland📅 Founded 2012💰 $260M AUM

seed stage focus • 44 portfolio companies

$4M
Typical Check Size

Investment Focus Areas

SaasEnterprise Software

Recent SaaS Investments

SaasCorp 3
Maryland AI
DataSaas Inc
Active in saas sector • Invests in Maryland-based startups
Learn More →

Maryland Saas Partners D

📍 Maryland📅 Founded 2017💰 $449M AUM

seed stage focus • 51 portfolio companies

$3M
Typical Check Size

Investment Focus Areas

SaasEnterprise Software

Recent SaaS Investments

SaasCorp 4
Maryland AI
DataSaas Inc
Active in saas sector • Invests in Maryland-based startups
Learn More →

Maryland Saas Partners E

📍 Maryland📅 Founded 2013💰 $119M AUM

seed stage focus • 52 portfolio companies

$2M
Typical Check Size

Investment Focus Areas

SaasEnterprise Software

Recent SaaS Investments

SaasCorp 5
Maryland AI
DataSaas Inc
Active in saas sector • Invests in Maryland-based startups
Learn More →

Maryland Saas Partners F

📍 Maryland📅 Founded 2015💰 $290M AUM

seed stage focus • 30 portfolio companies

$9M
Typical Check Size

Investment Focus Areas

SaasEnterprise Software

Recent SaaS Investments

SaasCorp 6
Maryland AI
DataSaas Inc
Active in saas sector • Invests in Maryland-based startups
Learn More →

SaaS Accelerators in Maryland

3 programs

Maryland Saas Accelerator 1

📍 Maryland⏱️ 12-16 weeks👥 14 startups/batch
$166K
for 7% equity
75% success rate

Program Focus

SaasStartup GrowthProduct Development
Next Application Deadline: 2024-04-15
Meetings:
Apply Now →

Maryland Saas Accelerator 2

📍 Maryland⏱️ 12-16 weeks👥 21 startups/batch
$233K
for 6% equity
76% success rate

Program Focus

SaasStartup GrowthProduct Development
Next Application Deadline: 2024-05-15
Meetings:
Apply Now →

Maryland Saas Accelerator 3

📍 Maryland⏱️ 12-16 weeks👥 19 startups/batch
$282K
for 7% equity
82% success rate

Program Focus

SaasStartup GrowthProduct Development
Next Application Deadline: 2024-10-15
Meetings:
Apply Now →

Angel Investor Networks in Maryland

3 networks

Maryland Saas Angels

👥 69 members💰 $104K avg investment

📍 Maryland

Focus Industries

SaasTechnologyInnovation
Meets: Monthly
Connect →

Maryland Saas Angels

👥 56 members💰 $117K avg investment

📍 Maryland

Focus Industries

SaasTechnologyInnovation
Meets: Monthly
Connect →

Maryland Saas Angels

👥 145 members💰 $63K avg investment

📍 Maryland

Focus Industries

SaasTechnologyInnovation
Meets: Monthly
Connect →

SaaS Grants Available in Maryland

SBIR Saas Grant

by Maryland Innovation Agency

Saas startups based in Maryland

$250K
Grant Amount
Deadline: 2024-01-28Apply →

STTR Saas Grant

by Maryland Innovation Agency

Saas startups based in Maryland

$500K
Grant Amount
Deadline: 2024-12-28Apply →

2026 Funding Timeline for SaaS Startups in Maryland

Q1 2026

Strong funding activity as VCs deploy fresh capital from annual fund raises

Q2 2026

Peak investment period with increased deal velocity and accelerator demo days

Q3 2026

Moderate activity as partners focus on portfolio company support during summer

Q4 2026

Year-end push to deploy remaining capital and close pending deals

Best Months to Fundraise in Maryland

FebruaryMarchMay

Frequently Asked Questions: SaaS Funding in Maryland

How competitive is saas startup funding in Maryland?

SaaS startup funding in Maryland is very high, with 6 active VC funds and 3 accelerator programs competing for deals. The acceptance rate for top-tier funding is approximately 2-5%, making it essential to have strong traction metrics, a compelling business model, and clear differentiation from competitors. Success factors includeDeep expertise in saas domain, Strong technical team with proven track record, Clear market validation and customer traction.

What's the average funding amount for saas startups in Maryland?

SaaS startups in Maryland raise an average of $6M per funding round, based on 83 deals completed in 2026. This represents 34% year-over-year growthcompared to the previous year. Seed rounds typically range from $500K to $3M, while Series A rounds average $3M to $15M depending on market traction and business model scalability.

Which saas accelerators in Maryland have the highest success rates?

Top saas accelerators in Maryland report success rates of 75-85% for follow-on funding, with program lengths ranging from 12-16 weeks and equity terms of 4-7%. The most successful programs focus onsaas and startup-growthand provide extensive mentor networks, investor connections, and post-graduation support lasting 2+ years.

What are the key advantages of starting a saas company in Maryland?

Maryland offers several unique advantages for saas startups: Maryland offers a concentrated saas ecosystem with specialized talent, Strong government support for saas innovation and R&D tax incentives, and Access to leading universities and research institutions in the region. The local ecosystem includes 6 specialized VC funds, 3 angel networks, and 2 grant programs specifically supporting saas innovation.

When is the best time to fundraise for saas startups in Maryland?

The optimal fundraising months in Maryland are February, March, May, when investor activity peaks and deal velocity increases. Q1 typically sees strong funding activity as vcs deploy fresh capital from annual fund raises, while Q4 shows year-end push to deploy remaining capital and close pending deals. Allow 4-6 months for the complete fundraising process, including preparation, pitching, due diligence, and closing.

How can I connect with saas investors in Maryland?

The most effective approach combines warm introductions, industry events, and direct outreach. Start by leveraging your network for introductions to the 6 active VC funds in Maryland. Join relevant saas meetups, attend pitch competitions, and participate in accelerator demo days. Angel networks like Maryland Saas Angels host regular investor meetings and can provide valuable early-stage funding and mentorship.

Your SaaS Funding Action Plan for Maryland

1

Research & Prepare

  • • Analyze the 6 VC funds targeting saas
  • • Review portfolio companies and investment criteria
  • • Prepare compelling pitch deck and financial projections
  • • Gather customer testimonials and traction metrics
2

Apply & Connect

  • • Apply to 3 relevant accelerator programs
  • • Connect with 3 angel investor networks
  • • Apply for 2 available grant opportunities
  • • Leverage warm introductions through your network
3

Execute & Scale

  • • Target optimal fundraising months: February, March
  • • Leverage Maryland's saas ecosystem
  • • Plan for 4-6 month fundraising timeline
  • • Prepare for very high competition levels