Description

After funding 210+ B2B SaaS companies, what patterns have emerged?

In this episode, Rob Walling shares the 2025 State of TinySeed, from its first fund in 2018 to a global portfolio of over 210 B2B SaaS companies. He reflects on TinySeed’s growth, what the data reveals about today’s founders, funding trends, and the rise of AI-first startups.

Topics we cover: 

• (1:46) – How TinySeed began and the doubts it faced 
• (3:51) – Growing to 210+ portfolio companies and $60M raised
• (11:15) – The rise of AI-first startups and “vibe-coded” apps
• (13:09) – Record application numbers and founder trends in 2025
• (19:58) – Why vertical SaaS is outperforming horizontal SaaS
• (21:59) – The importance of founder community and shared experience
• (25:06) – How TinySeed and MicroConf create long-term founder connections

Links from the Show: 

• Apply to TinySeed
• Invest in TinySeed
• TinySeed MentorsAccelerator Program Details — TinySeed
• TinySeed Portfolio
• The SaaS Playbook by Rob Walling
• MicroConf - Community for Bootstrapped SaaS Founders

If you have questions about starting or scaling a software business that you’d like for us to cover, please submit your question for an upcoming episode. We’d love to hear from you!

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