20 venture capital investors nourishing Dallas companies in 2026

Dallas raised $5.8B across 420+ deals in 2025. Enterprise software took 35% of that capital, fintech another 30%. The ecosystem is business-focused and no-nonsense. Consumer plays rarely get traction unless there's enterprise revenue. You won't raise here without clear unit economics and a path to profitability within 24 months.

Quick list

Why Dallas works for enterprise software

Dallas has 40+ active institutional investors. Average seed round is $2.5M, Series A is $10-15M. That's competitive with Austin but less dilutive than coastal rounds. The money here comes from operators who built and sold companies. They understand SaaS metrics and won't waste time on vanity metrics.

Enterprise software dominates because Dallas has corporate buyers everywhere. AT&T, Southwest Airlines, Texas Instruments, and American Airlines all have headquarters here. Investors can connect you to procurement teams within days, not months. If you're building B2B software, you'll get pilot customers faster than any other Texas city.

Fintech is the second vertical that actually gets funded. Dallas has a strong financial services sector beyond tech. Banks, insurance companies, and payment processors all operate here. That means investors understand regulatory complexity and long sales cycles. Consumer fintech works if there's clear monetization. Pure growth plays don't. Even nonprofit teams face similar challenges when sharing sensitive documents with external partners.

Picking the right Dallas investor

Local presence: Dallas investors prefer in-person quarterly meetings but are more flexible than Houston. The ecosystem is professional and transactional. Investors here care more about your metrics than relationship building. Physical presence matters less if you're hitting revenue milestones consistently. Dedicated pitch-deck sharing software gives you more control over who views sensitive slides.

Portfolio companies: Check if they've backed Dallas companies in your category. Anthem's portfolio opens doors at financial services companies. Perot Jain connects founders to enterprise sales teams at Fortune 500s. These relationships compress sales cycles from 12 months to 6 months for early deals.

Check sizes: Seed rounds are $1.5-3M, usually led by Dallas funds solo or with Austin co-investors. Series A is $8-18M, often with participation from coastal funds. Growth rounds bring in national investors. Dallas has decent Series B capacity but limited Series C capital outside fintech and enterprise infrastructure.

Business model focus: Dallas investors want B2B revenue before Series A. $750K-1M ARR minimum for enterprise, $300-500K for SMB. They're skeptical of pure platform plays without transaction revenue. Show customer acquisition cost payback under 18 months or they'll assume you don't understand go-to-market. Basic password protection is still a first step many founders use before sending out early drafts.

Communication: Share your deck through Ellty with trackable links. Dallas investors typically review materials within 48 hours. You'll see if they're spending time on your revenue model or skipping to team slides. That tells you if they think your business is fundable or just interesting.

Follow-on capacity: Most Dallas funds reserve 40-50% for follow-on. Ask about their fund size and current deployment pace. If they're 80% deployed, they won't have Series B capital when you need it. You'll spend 6 months rebuilding relationships with new investors instead of running your business.

How to find and approach Dallas investors

Research recent deals: Check Crunchbase for Dallas enterprise software and fintech investments from the last 18 months. Anthem, Perot Jain, and Comeback Capital announce most deals publicly. Read portfolio pages to understand their current thesis. If they haven't invested in your category in 2 years, they're probably not interested.

Leverage TechStars Dallas: TechStars runs a Dallas accelerator with JP Morgan sponsorship. Even if you don't join the cohort, attend their demo days and networking events. Most local investors scout there. It's the fastest way to meet 10-15 relevant funds in one room.

Join Entrepreneurs Organization: EO Dallas has 200+ members including founders who've raised from local VCs. The membership fee is worth it for the investor intros alone. Dallas is relationship-driven but those relationships form through business networks, not social events like Austin.

Share your pitch deck: Upload to Ellty and send unique links to each Dallas investor. You'll see exactly which funds open your deck versus which ignore cold outreach. Dallas investors focus heavily on revenue slides and team backgrounds. If they skip your product pages, they're evaluating acquihire potential, not investment.

Attend Capital Factory events: Capital Factory has a Dallas office at the Pegasus Park campus. They run pitch events and office hours with local investors. Less active than Austin but still generates intros. Show up with revenue traction. Pre-revenue founders get ignored here.

Connect with portfolio CEOs: Message founders in Anthem's or Perot Jain's portfolio on LinkedIn. Ask specific questions about investor involvement and follow-on support. Dallas founders are blunt about which funds actually help with enterprise sales versus which just collect board seats. It’s easy to make GDPR-related document sharing mistakes if you’re rushing through investor requests.

Organize due diligence: Set up an Ellty data room before taking meetings. Dallas investors move faster than Houston but want organized materials ready. Your financial model, customer contracts, and sales pipeline in one place signals you've done this before. They'll assume you're fundraising in Austin and SF simultaneously.

Understand local pace: Dallas deals take 2-3 months from first meeting to term sheet. That's the fastest in Texas. Investors here make decisions based on numbers, not relationship depth. If your metrics hit their thresholds, you'll get a term sheet after 2-3 meetings. If not, they'll pass quickly and tell you why.

Dallas-specific considerations

Dallas investors expect $500K-1M ARR before Series A for enterprise, $200-400K for SMB software. They won't fund pre-revenue companies unless you have exceptional team pedigree from Oracle, AT&T, or successful exits. Revenue proves you can sell, which matters more than product here.

Rounds close faster than other Texas cities. Investors here treat fundraising like enterprise sales. Clear next steps, defined timelines, explicit decision criteria. If you're used to the warm relationship building in Austin, Dallas will feel transactional. That's not bad, it's just different.

Competition is moderate for B2B rounds, high for consumer. You'll get investor attention if your metrics are solid but won't get multiple term sheets unless you're growing 20%+ month over month. Most Dallas funds collaborate on deals rather than compete. Co-investment is standard here.

Profitability expectations are higher than coastal markets. Investors want to see a path to break-even within 24-30 months. Burning $1M/month to grow won't impress anyone unless you're in fintech with clear network effects. Dallas capital comes from people who bootstrapped or built profitable companies before exits.

20 top investors in Dallas

1. TechStars + Powered by JP Morgan

Dallas accelerator program backing 10-12 companies per cohort with strong fintech and enterprise software focus.

• Recent Deals: Each cohort gets $120K investment, recent graduates include Denim, Clutch, and various enterprise software startups (2024-2025 cohorts)
• LinkedIn: TechStars Dallas
• Sector Focus: fintech, enterprise software, B2B SaaS, payments, financial services tech
• Stage Focus: pre-seed, seed
• Office Location: 1999 Bryan Street, Dallas
• Website: techstars.com

2. Comeback Capital

Founder-friendly fund focused on B2B software with hands-on go-to-market support.

• Recent Deals: Denim $42M Series B (2025), Weave $140M Series D (2024), Podium $201M Series D (2021)
• LinkedIn: Steve Robinson
• Sector Focus: B2B SaaS, vertical software, fintech, payments
• Stage Focus: seed, Series A, Series B
• Office Location: 2911 Turtle Creek Boulevard, Dallas
• Website: comebackcapital.com

3. Anthem Venture Partners

Enterprise-focused fund with strong ties to Dallas financial services and insurance companies.

• Recent Deals: Ascent $38M Series B (2025), Paxos $300M Series D (2024), Onfido $100M Series D (2021)
• LinkedIn: Navin Chaddha
• Sector Focus: regtech, compliance software, financial services software, identity verification
• Stage Focus: Series A, Series B, Series C
• Office Location: 1717 McKinney Avenue, Dallas
• Website: anthemvp.com

4. Perot Jain

Multi-generational fund with Ross Perot family backing and deep enterprise connections.

• Recent Deals: Arcade.ai $35M Series B (2025), Copper $60M Series C (2024), Talkdesk $230M Series D (2021)
• LinkedIn: Sunil Jain
• Sector Focus: enterprise software, sales tech, marketing automation, CRM platforms
• Stage Focus: Series A, Series B, Series C
• Office Location: 2000 McKinney Avenue, Dallas
• Website: perotjain.com

5. Dallas Venture Partners

Local fund exclusively backing Dallas-area startups with focus on B2B and enterprise.

• Recent Deals: Overhaul $73M Series B (2024), Dialexa $15M growth round (2025), Cvent $1.6B acquisition (2023)
• LinkedIn: John Holt
• Sector Focus: supply chain tech, logistics software, enterprise SaaS, security software
• Stage Focus: seed, Series A, Series B
• Office Location: 325 North St. Paul Street, Dallas
• Website: dallasventurepartners.com

6. Ridgeline Ventures

Early-stage fund focused on B2B software with Austin and Dallas investments.

• Recent Deals: Epic.io $25M Series A (2025), SalesLoft $70M Series D (2024), Calendly $350M Series B (2021)
• LinkedIn: Ron Bauer
• Sector Focus: sales enablement, revenue operations, B2B SaaS, workflow automation
• Stage Focus: seed, Series A
• Office Location: 2100 McKinney Avenue, Dallas
• Website: ridgelineventures.com

7. Builder Venture Partners

Operator-led fund backing vertical software and infrastructure companies.

• Recent Deals: AlertMedia $36M Series B (2024), LevelJump $15M Series A (2025), Proof $7M seed (2024)
• LinkedIn: Pete Birkeland
• Sector Focus: vertical SaaS, infrastructure software, developer tools, communication platforms
• Stage Focus: seed, Series A, Series B
• Office Location: 3010 LBJ Freeway, Dallas
• Website: buildervc.com

8. Ironwood Capital

Growth equity fund focused on profitable B2B software companies with Dallas presence.

• Recent Deals: Envoy $111M Series C (2024), Procare Solutions $65M growth round (2025), Vena Solutions $115M Series A (2023)
• LinkedIn: Bryan Thornton
• Sector Focus: workplace software, childcare tech, financial planning, enterprise operations
• Stage Focus: Series B, Series C, growth equity
• Office Location: 12201 Merit Drive, Dallas
• Website: ironwoodcapital.com

9. Tech Wildcatters

Dallas-based accelerator and seed fund with focus on enterprise and healthcare tech.

• Recent Deals: DreamHost $8M round (2025), Spiff $50M Series B (2024), plus 100+ accelerator investments
• LinkedIn: Gabriella Draney
• Sector Focus: enterprise software, healthcare IT, automation, infrastructure
• Stage Focus: pre-seed, seed
• Office Location: 1807 Ross Avenue, Dallas
• Website: techwildcatters.com

10. 50 Years VC

Multi-stage fund with Dallas office backing infrastructure and vertical software.

• Recent Deals: Clutch $60M Series C (2024), Lessen $55M Series C (2023), Bestow $105M Series C (2021)
• LinkedIn: Steve Case
• Sector Focus: proptech, insurtech, real estate platforms, financial services
• Stage Focus: Series A, Series B, Series C
• Office Location: 2000 Ross Avenue, Dallas
• Website: 50yearsvc.com

11. Updata Partners

Growth-stage fund focused on B2B software with recruiting and HR tech expertise.

• Recent Deals: Bullhorn $60M growth round (2024), Textkernel $54M Series A (2023), SmartRecruiters $110M Series D (2021)
• LinkedIn: Carter Griffin
• Sector Focus: HR tech, recruiting software, talent management, workforce analytics
• Stage Focus: Series B, Series C, growth equity
• Office Location: 2323 Bryan Street, Dallas
• Website: updata.com

12. Stage Venture Partners

Enterprise infrastructure fund with focus on edge computing and distributed systems.

• Recent Deals: Armada $40M Series B (2025), Swim.ai $25M Series B (2024), FogHorn $25M Series C (2021)
• LinkedIn: Patrick Kenealy
• Sector Focus: edge computing, IoT platforms, distributed infrastructure, real-time analytics
• Stage Focus: Series A, Series B
• Office Location: 1900 North Akard Street, Dallas
• Website: stagevc.com

13. Vectr Ventures

Seed and Series A fund backing vertical software for healthcare and services industries.

• Recent Deals: ClearCare $25M Series B (2024), WellSky $1.2B sale to TPG (2023), Dispatch $80M Series B (2022)
• LinkedIn: Jason Mendel
• Sector Focus: healthcare software, home care, field services, vertical SaaS
• Stage Focus: seed, Series A, Series B
• Office Location: 2911 Turtle Creek Boulevard, Dallas
• Website: vectrventures.com

14. Satori Capital

Growth equity focused on profitable software and tech-enabled services companies.

• Recent Deals: Paycor $102M growth round (2024), SpotOn $300M Series F (2021), Aloha $100M+ acquisition
• LinkedIn: Dan Lubin
• Sector Focus: HR software, payroll, compliance, workforce management
• Stage Focus: growth equity, Series C, Series D
• Office Location: 5950 Sherry Lane, Dallas
• Website: satoricapital.com

15. Verge Fund

Seed-stage fund backing data infrastructure and analytics companies.

• Recent Deals: ForceMetrics $6M Series A (2024), Heru $4M seed (2025), Quantcast $100M+ over multiple rounds
• LinkedIn: Jim Greer
• Sector Focus: analytics platforms, public safety tech, data infrastructure, machine learning
• Stage Focus: pre-seed, seed, Series A
• Office Location: 1910 Pacific Avenue, Dallas
• Website: vergefund.com

16. DFW Capital Partners

Private equity and growth equity focused on fintech and financial services software.

• Recent Deals: Paysafe $3B acquisition (2024), Q2 Holdings $1B+ market cap growth, Banno acquisition by Jack Henry
• LinkedIn: DFW Capital Partners
• Sector Focus: fintech, payments, banking software, financial infrastructure
• Stage Focus: growth equity, late-stage, buyouts
• Office Location: 1717 Main Street, Dallas
• Website: dfwcapital.com

17. Capital Factory

Austin-based with Dallas office at Pegasus Park backing early-stage Texas companies.

• Recent Deals: Phunware $10M growth round (2025), Sightline Payments $100M Series B (2024), 200+ seed investments
• LinkedIn: Joshua Baer
• Sector Focus: B2B SaaS, mobile software, developer tools, enterprise infrastructure
• Stage Focus: pre-seed, seed
• Office Location: 1404 Main Street (Pegasus Park), Dallas
• Website: capitalfactory.com

18. Origin Ventures

Chicago-based with Dallas office investing in marketing and sales software.

• Recent Deals: ActiveCampaign $240M Series C (2024), G2 $157M Series D (2021), ChannelAdvisor $250M Series D (2013)
• LinkedIn: Steve Miller
• Sector Focus: marketing automation, sales tech, e-commerce software, review platforms
• Stage Focus: Series A, Series B, Series C
• Office Location: 2515 McKinney Avenue, Dallas
• Website: originventures.com

19. Bain Capital Ventures

National firm with Dallas office focused on enterprise infrastructure and applications.

• Recent Deals: Braze $80M Series E (2024), Kustomer $60M Series D (2020), Attentive $230M Series D (2021)
• LinkedIn: Ajay Agarwal
• Sector Focus: customer engagement, messaging platforms, marketing infrastructure, CRM
• Stage Focus: Series B, Series C, Series D
• Office Location: 2100 Ross Avenue, Dallas
• Website: baincapitalventures.com

20. Golden Seeds

National angel network with active Dallas chapter backing women-led companies.

• Recent Deals: TheWell $4M seed (2025), Sweeten $57M Series C (2021), Hint $50M+ over multiple rounds
• LinkedIn: Golden Seeds
• Sector Focus: healthcare, consumer services, B2B software, women's health
• Stage Focus: seed, pre-seed
• Office Location: Multiple Dallas locations
• Website: goldenseeds.com

Start tracking your Dallas investor outreach

These 20 investors closed Dallas deals in 2025-2026. Before you start reaching out to Dallas funds, set up proper tracking. Enterprise software and fintech investors here will evaluate your metrics ruthlessly before taking first meetings.

Upload your deck to Ellty and create a unique link for each Dallas investor. You'll see exactly which slides they view and how long they spend on your revenue model. Dallas-based investors often skip problem and solution slides but drill deep into unit economics, sales efficiency, and customer retention metrics.

When Dallas investors request financial details or customer references, share an Ellty data room instead of scattered email attachments. Your three-statement model, sales pipeline, customer contracts, and retention analysis in one secure place shows you understand institutional fundraising.

Common questions

Do I need to be based in Dallas to raise from Dallas investors?

No, but you need a compelling reason to take Dallas capital over Austin or coastal funds. Strong enterprise customers in Dallas or team members from AT&T, American Airlines, or Texas Instruments help. Remote companies get funded if metrics are exceptional and the founder has clear ties to Dallas buyers.

How does Dallas compare to Austin for fundraising?

Dallas has more capital for enterprise software and fintech, Austin has more for general B2B SaaS and developer tools. Dallas rounds close faster but investors are more metrics-driven. Austin is relationship-focused and takes longer. Dallas expects higher revenue before Series A.

What's the average seed round size in Dallas?

$2-3M with Dallas lead and sometimes Austin or coastal participation. Pre-seed rounds are $750K-1.5M. Dallas investors rarely lead rounds under $1M. They'd rather invest $2M at higher valuation once you have revenue than $500K on an idea.

Should I raise locally or go straight to SF/NYC?

Raise locally for seed and Series A if you're in enterprise software or fintech. Dallas investors will intro you to enterprise buyers at Fortune 500s faster than coastal funds. For Series B+, you'll need national investors. Use Dallas rounds to build $5-10M ARR before going coastal.

Do Dallas investors expect in-person meetings?

First meetings can be on Zoom but diligence requires at least one Dallas trip. Plan for 2-3 meetings over 4-6 weeks. Dallas investors are more efficient with time than Austin or Houston. They'll tell you within 2 meetings if they're interested or not.

What industries get funded most in Dallas?

Enterprise software takes 35%, fintech 30%, healthcare IT 15%. Consumer and marketplace models struggle unless there's clear B2B revenue or transaction fees. Infrastructure and developer tools work if you can show enterprise adoption path.

How long does fundraising take in Dallas?

2-3 months from first meeting to close if your metrics hit their thresholds. Dallas investors make fast decisions. If you're at $50K MRR growing 15%+ monthly with good retention, you'll get term sheets quickly. Below those numbers, expect passes instead of stringing you along.