Top Nevada Software VC investors

8 min readJan 24, 2025

The global software market has been valued at around $500 billion and is expected to surpass $1 Trillion by 2029. As of May 2024, the world has witnessed over 500 software unicorns with famous names like AirBnB, Grammarly, 1047 Games, and many more.

But, is the software sector also growing in Nevada?

Of course! The state has a thriving software culture with over 6 startups that have achieved unicorn status. Do you also have a startup idea that is worth funding but don’t know which investor to start pitching?

Let us help with the following list of top software VC firms in Nevada.

Table of content

Find Out The Top 8 VC Firms in Nevada That Fund Software Startups
500 Global
Hard Yakka
VTF Capital
Redhills Ventures
Octave Ventures
Battle Born Venture
RAA Ventures
Revel Venture Fund
Wrap-Up:

Find Out The Top 8 VC Firms in Nevada That Fund Software Startups

500 Global

Website: 500 Global
Focused Sectors: SaaS, Media, E-Commerce, Consumer, Healthcare, Proptech & Real Estate, Hardware & Industrials, Education, Devops, Fintech, Crypto & Blockchain
Funding Stages: : Early and Seed
Present in: : San Francisco, Austin, Las Vegas, Mexico City, Miami, New York, São Paulo, Washington, Abu Dhabi, Baku, Cairo, Dubai, Manama, Riyadh, Bangalore, Bangkok, Hangzhou, Ho Chi Minh City, Jaipur, Kuala Lumpur, Nagoya, Phnom Penh, Seoul, Shanghai, Taipei, Tokyo
Notable Investments: Canva, Solana, Reddit
Total Investments: 3,000+

500 Global is an early-stage venture fund and seed accelerator founded in 2010 by Dave McClure and Christine Tsai. Headquartered in San Francisco, California, the firm focuses on investing in globally ambitious founders building fast-growing technology companies.

Since its inception, 500 Global has funded over 6,000 founders representing more than 2,800 companies operating in 77 countries. The firm has had 550 exits.

When funding startups, the investors focus on capital-efficient businesses with a product or service designed to solve a specific problem for a target customer. They prefer startups that are operational with less than $1 million in external financing.

500 Global hosts several startup events and annual summits, such as the 500 Global Accelerator Demo Day, Startup World Cup, and Global Startup Awards. The firm’s portfolio boasts 33 companies valued at over $1 billion and 120 companies valued at over $100 million.

The average check size of 500 Global is around $1M.

Hard Yakka

Website: Home — Hard Yaka
Focused Sectors: Software, Identity Management, Payments, Information Technology, Biotech
Funding Stages: : Early and Late
Present in: : US
Notable Investments: Square and Coinbase
Total Investments: 275

Hard Yakka is a venture capital firm founded in 2010 by Greg Kidd and Zach Ware. Based in Crystal Bay, Nevada, Hard Yaka focuses on investing in portable identity, payments, and marketplaces.

Hard Yaka’s investment criteria include a focus on early-stage ventures that revolutionize exchanges between seekers and providers of goods, services, and information. They prefer startups that are at the earliest stages and need capital to operate on a bigger scale.

Other than their investment activities, Hard Yaka also hosts many startup events such as the Yakka Demo Day and the Startup Showcase. Hard Yakka’s portfolio includes 165 companies and 7 unicorns. Their average check size is around $500,000.

VTF Capital

Website: VTF Capital | We Invest In The Future of Commerce
Focused Sectors: E-Commerce, DTC
Funding Stages: : Early and Seed
Present in: : San Francisco, Los Angeles, Las Vegas
Notable Investments: Asana, Ink, Skillshare
Total Investments: 180+

VTF Capital, formerly known as VegasTechFund, is a seed-stage venture fund founded in 2012 by Zach Ware. Based in Las Vegas, Nevada, VTF Capital focuses on investing in vertical commerce, physical retail technology, and SaaS companies.

Since its inception, VTF Capital has exited over 35 startups and usually invests between $200,000 and $1 million in pre-seed and seed-stage companies. The investors focus on startups that can generate high ROI and primarily focus on those with revenue-positive unit economics and often vertically integrated commerce models.

VTF Capital hosts several events and summits, such as the VegasTechFund Demo Day and the Startup Showcase, providing platforms for startups to present their innovations and network with angel investors.

Redhills Ventures

Website: Redhills Ventures — Investing in Tomorrow’s Success
Focused Sectors: Finance, Information Technology, Healthcare, Real Estate
Funding Stages: : Early
Present in: : Las Vegas
Notable Investments: Health Data Insights (HDI), SimSuite, Ozonator, Velos
Total Investments: 25

Redhills Ventures, founded in 1997 by Victor Chaltiel, is a private family investment firm based in Las Vegas, Nevada. The firm specializes in the healthcare, high-tech, and real estate sectors, focusing on companies with well-conceived business plans, experienced management teams, and high-growth potential.

Like most other VC firms, Redhills Ventures focuses on startups that are led by experienced founders and are dealing in large addressable markets. The firm invests primarily in early-stage ventures, aiming to support companies through all stages of growth, from startup to IPO and beyond.

Likewise, Redhills Ventures conducts its grand pitching competition every year, funding one or two startups. Although they may not have a huge startup portfolio as their focus lies on establishing long-term partnerships.

The investment range of Redhills Ventures is around $2M.

Octave Ventures

Website: Octave Ventures (octave-ventures.com)
Focused Sectors: Deep Tech, Biotech, Information Technology
Funding Stages: : All Stages
Present in: : Henderson, NV
Notable Investments: Advocado, Freewire, Biotech Company in Stealth Mode
Total Investments: 21

Octave Ventures is a venture capital investment firm founded in 2018 by Michael Kim. Based in Henderson, Nevada, the firm focuses on deep tech and biotech investments. Octave Ventures invests in a variety of pre-IPO companies at different stages of their development, several of which have later gone public.

Since its inception, Octave Ventures has had 6 exits, including notable companies like Luminar, Palantir Technologies, and Finch Therapeutics. The firm’s investment criteria include a preference for seed-stage, early-stage, and later-stage companies in the deep tech and biotech sectors

The investment range of Octave Ventures is around $3M.

Battle Born Venture

Website: Home | Battle Born Venture
Focused Sectors: Healthcare, Government Technology, Travel & Hospitality, Gaming, Climate & Sustainability, Supply Chain & Logistics, Energy, Manufacturing
Funding Stages: : Early Stage, Pre-Seed, Seed, Late Stage, Growth
Present in: : Las Vegas, Reno
Notable Investments: Semi Exact, Circlein, BaseVenture
Total Investments: 20

Funding startups for over a decade Battle Born Venture is Nevada’s state venture capital program. It was founded in 2013 to support high-potential startups within the state. The program is managed by the Nevada Governor’s Office of Economic Development and funded through the State Small Business Credit Initiative (SSBCI).

Since its inception, Battle Born Venture has exited 5 startups and usually focuses on seed-stage, early-stage, and later-stage companies.

Battle Born Venture prefers startups with strong growth models, experienced leaders, and the ability to generate a decent ROI within 5 years of investment. The investment range of Battle Born Ventures can go up to $10M.

RAA Ventures

Website: Home — RAA Ventures
Focused Sectors: internet marketing, technology, e-commerce, consumer products and services, lifestyle, media, entertainment, social media, energy production, infrastructure, mobile gaming, and apps.
Funding Stages: : Seed
Present in: : Nevada
Notable Investments: Walls360, Perfect Point, Keyln, and ConnectedSignals
Total Investments: 15

Headquartered in Las Vegas, RAA Ventures is a venture capital firm that focuses on seed-stage startups.

Every year, the firm conducts 1–2 pitching competitions and invests in many startups. The team of investors focuses on startups operating in high-growth market sectors, particularly those in internet technology, mobile gaming, and apps. They look for accomplished entrepreneurs with game-changing, innovative ideas.

Aside from investment activities, RAA Ventures hosts several events and summits, such as startup accelerators, incubators, and networking events. The investment range of RAA Ventures lies between $500,000 to $10M.

Revel Venture Fund

Website: Rebel Venture Fund
Focused Sectors: Hospitality, Gaming, Energy, Healthcare, Logistics
Funding Stages: : Early and Seed
Present in: : Nevada
Notable Investments: Walls360, Perfect Point, Keyln, and ConnectedSignals
Total Investments: 15

The Rebel Venture Fund is a student-run, early-stage venture capital fund associated with the University of Nevada, Las Vegas. Founded in 2013, RVF aims to invest in high-growth companies within Southern Nevada and the broader Southwest region. It is overseen by a management board consisting of venture capitalists, angel investors, attorneys, entrepreneurs, and business executives.

Throughout the years, RVF has funded over 10 startups and achieved 4 exits to date. The fund typically makes investments between $25,000 and $50,000, depending upon the startup sector.

During the meetings, the investors from RVF prioritize companies that can generate a decent ROI (3–4x) within the first 2 years of investment. They want to invest in companies that are bringing modern solutions in the software market and are led by founders who are determined to make it big in the industry.

Wrap-Up:

To sum up, Nevada, with a vibrant ecosystem of venture capital firms, presents ample opportunities for software startups seeking funding.

However, the major challenges come up when you start preparing for an investor meeting. Investors are always short on time and you need to catch the attention within those first 30–50 seconds.

But, how do you plan on doing that?

Well, the easiest way is to find some pitch deck examples that can help you come up with attractive hooks and taglines. We also recommend using Angelmatch to get the maximum information about an investor so that you can tailor your pitch to their specific interests and investment preferences.

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Earlier the article was published here.