Stage 2 Capital Closes $150M Fund III
Summary
Founded by Jay Po and Mark Roberge in 2018, Stage 2 Capital has expanded its LP network to over 300 CROs, CMOs, CCOs, and go-to-market leaders who have built innovative products at companies like Atlassian, Zoom, Slack, Snowflake, ServiceNow, Twilio, GitHub, LinkedIn, GitLab, ZoomInfo, MongoDB, Workday, HubSpot, SmartSheet, Salesforce, Gong, Shopify, 6Sense, Asana, Drift, Toast, DataBricks, Airtable, etc. Po and Roberge brought on their second pod last year, teaming Silicon Valley sales veteran, Mandy Cole, with Anu Maheshwari, former VC at Iconiq. On top of the new fund, Stage 2 Capital recently launched the Stage 2 Capital Accelerator, a go-to-market accelerator program guiding seed-stage founders on the design and execution of their first go-to-market system. As part of the 11-week program, participating founders receive a $100,000 investment in addition to hands-on tactical guidance. Outside of capital, founders get instruction, workbooks and templates, and one-on-one coaching to develop their first hiring scorecards, first pricing model, first sales playbook, first marketing campaign, first sales compensation model, and other tactics fundamental to their revenue scaling success.