Fund profile / United States

Invictus Growth Fund II

Geography
United States
Stage
Series A
Fund size
$574M
Focus
SaaS
Signals
Published
Share
N°01 / About

About Invictus Growth Fund II

Invictus Growth Fund II is a venture capital firm based in United States, focusing on Series A stage investments. The fund actively supports founders building innovative solutions in SaaS, providing strategic guidance and capital to help startups scale.

N°02 / Thesis

Investment Focus

Location / RegionUnited States
Funding StageSeries A
Industry Focus
SaaS

Investor Signals Profile

active

Sweet Spot

Bootstrapped B2B SaaS founder scaling enterprise w/ AI ops

B2B SaaS
cybersecurity
AI/ML-enabled
growth equity
enterprise software
PRM
energy AI

Bullish Signals

$3.2B invested over two decadesexternal
21 exits as investors/operatorsexternal
100% portfolio gets ML capabilitiesexternal
38 team + guild advisors in cornerexternal
Strong founder NPS from multiple CEOsexternal
Portfolio spans cybersecurity, PRM, energy AIexternal
Active M&A: Novi Labs acquires Turing Analyticsexternal
Portfolio co launches AI agent (Scailyn)external
Founders cite 'best decision' working w/ Invictusexternal
Bootstrapped founders choose Invictus for expertiseexternal
Portfolio: CYPHER, Axiad, LinkLive, Peerspot, Channelexternal
Founder quotes: transformational partner, deep integritywebsite
Invictus Guild: proactive ops + error avoidancewebsite
Systems for scaling: automation + measurement focuswebsite
Kennedy (CEO): best decision for company scalingwebsite
Agarwal (ThreatModeler): ideal partner, long-term fitwebsite
Al-Khalidi (Axiad): driving force transformation innovationwebsite
Leavitt (Boost Payments): capital + ops expertisewebsite
Glass (CYPHER): bootstrapped to profit, high barwebsite
Price (LinkLive): AI + SaaS focus winwebsite
Rothstein (Peerspot): deep ops + data sciencewebsite
Fox (Channel Mechanics): funding + know-how partnerwebsite
Canellos (Axiad): pivotal success, strategic investmentwebsite
Lynch (LinkLive): operator track record, high integritywebsite
Novi Labs + Turing: unified energy analytics platformwebsite
Channelscaler Scailyn: AI agent automates PRM workflowswebsite

Contrarian Signals

Operator-heavy model may limit autonomyexternal
Niche focus: enterprise SaaS onlyexternal
No GP names publicly prominentexternal

Founder Do's

Show need beyond capital
Have bootstrapped or capital-efficient history
Enterprise SaaS with scaling potential
Open to ML/AI integration in product
Seek operator-partners, not passive VCs
Want deep domain expertise + network

Founder Don'ts

Expect capital-only relationship
Pre-product or pre-revenue stage
Consumer or non-enterprise focus

39 signals on Invictus Growth Fund II

26 bullish · 3 contrarian · 6 pitch do's · 3 don'ts · 1 GP profile, each with its source. From €9/month, cancel anytime.

Facts

Fund Overview

Fund Size$574M
Saves0
People

Key People

John Deloche, William Nettles

Scott KeaneOperating Partner
N°04 / See also

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