Fund Details
Top Down Ventures
Overview
Investment firm focused on SaaS for managed service providers.
Deals ยท 12mo
3
Stage focus
Seed
Series B
Geographic focus
Canada
United States
Sector focus
Financial Services
SaaS
Venture Capital
Investment portfolio
5rounds
| NAME | DATE | SIZE | |
|---|---|---|---|
Lexful | Jun 2026Led | $7 MSeed | |
Neo Agent | Apr 2026Led | $3 MSeed | |
Slide | Mar 2026Participated | $70 MSeries B | |
Styx Intelligence | Mar 2025Participated | $3 MSeed | |
ThreatMate | Feb 2025Led | $3 MSeed | |
Lexful | Jun 2026Led | $7 MSeed | |
Neo Agent | Apr 2026Led | $3 MSeed | |
Slide | Mar 2026Participated | $70 MSeries B | |
Styx Intelligence | Mar 2025Participated | $3 MSeed | |
ThreatMate | Feb 2025Led | $3 MSeed |
5 Items
5
Items
Insights
Time horizon
View by
Deal Distribution
| Round type | Led deals | Participated deals |
|---|---|---|
| Seed | 3 | 1 |
| Series B | 0 | 1 |
Monthly Deal Activity
| Month | Deals |
|---|---|
| Feb '25 | 1 |
| Mar '25 | 1 |
| Apr '25 | 0 |
| May '25 | 0 |
| Jun '25 | 0 |
| Jul '25 | 0 |
| Aug '25 | 0 |
| Sep '25 | 0 |
| Oct '25 | 0 |
| Nov '25 | 0 |
| Dec '25 | 0 |
| Jan '26 | 0 |
| Feb '26 | 0 |
| Mar '26 | 1 |
| Apr '26 | 1 |
| May '26 | 0 |
| Jun '26 | 1 |
| Jul '26 | 0 |
| Aug '26 | 0 |
| Sep '26 | 0 |
| Oct '26 | 0 |
Sector Breakdown
A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.
| Sector | Deals |
|---|---|
| AI & Machine Learning | 3 |
| Cybersecurity & Privacy | 2 |
| Professional Services | 2 |
| Enterprise Software | 1 |
| Data, Analytics & IT | 1 |
| Developer Tools | 1 |
Deal Size Distribution
Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.
| Round size band (USD) | Deals |
|---|---|
| <$5M | 3 |
| $5M-$10M | 1 |
| $10M-$25M | 0 |
| $25M-$50M | 0 |
| $50M-$100M | 1 |
| $100M-$250M | 0 |
| $250M-$500M | 0 |
| $500M-$1B | 0 |
| $1B+ | 0 |
Deals By Geography
Top 3 of 3 regions; European countries are grouped as Europe.
| Region | Deals |
|---|---|
| United States | 3 |
| Canada | 1 |
| Europe | 1 |
Co-Investors
Bubble size = shared deals
Click a bubble to open that fund in a new tab.
Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.
| Co-investor | Shared deals |
|---|---|
| B5 Capital | 1 |
| Base10 Partners | 1 |
| BDC | 1 |
| Benchstrength | 1 |
| Blu Ventures | 1 |
| Connecticut Innovations | 1 |
| Founders Capital | 1 |
| Framework Venture Partners | 1 |
| Futurepresent | 1 |
| General Catalyst | 1 |
| Glynn Capital | 1 |
| JHH Ventures | 1 |
| Lookout Ventures | 1 |
| Outsiders Fund | 1 |
| Runtime Ventures | 1 |
| SaaS Ventures | 1 |
| Sprout Fund | 1 |
| Vine Ventures | 1 |
| York IE | 1 |
Investment Strategy
| Category | Deals (count) | Share (%) |
|---|---|---|
| Led | 3 | 60% |
| Participating | 2 | 40% |
| Category | Deals (count) | Share (%) |
|---|---|---|
| Single-lead | 1 | 33% |
| Co-led | 2 | 67% |