Dig Ventures

DIG Ventures is a European venture capital firm that specializes in early-stage investments, focusing on B2B SaaS, AI, and cloud infrastructure companies. The firm primarily invests at the pre-seed and seed stages, aiming to support ambitious founders in building industry-defining companies. They emphasize providing more than just capital, offering hands-on guidance in areas such as go-to-market strategy, sales, product development, fundraising, and expansion, including support for Europe-to-US expansion.

The firm was founded in 2018 by Ross Mason and Melissa Klinger. Ross Mason, a successful tech entrepreneur, previously founded MuleSoft, which he grew from an open-source project to an IPO and a $6.5 billion acquisition by Salesforce. Melissa Klinger was an early commercial hire at MuleSoft, leading sales and working across customer success and strategy through its rapid growth and exit. After the acquisition, they joined forces to launch DIG Ventures, initially as a family office before transitioning to an institutional fund. Their founding vision was to leverage their operational experience to help early-stage founders navigate the challenges of building and scaling B2B software businesses.

DIG Ventures has built a diverse portfolio of B2B software companies. Notable investments include unicorns like People.ai and Karat, as well as scale-ups such as Bubble, ComplyAdvantage, PlanetScale, Rasa, Taktile, Rossum, Flock, and Prophecy. More recent investments from their $100 million Fund II include Dash0 (an observability platform), Nexos.ai (an AI orchestration platform), and PolyAPI (an enterprise middleware offering firm). The firm prides itself on a high success rate, with 80% of its portfolio companies successfully raising additional funding within two years of DIG's initial investment.

The team at DIG Ventures brings extensive operational and investment experience. Ross Mason and Melissa Klinger's background at MuleSoft provides deep insights into building and scaling B2B software. Rytis Vitkauskas, a Partner, is a seasoned investor with a track record of backing multiple unicorns and a decacorn, having previously invested at Lightspeed, Target Global, and Summit Partners. The team's collective experience allows them to offer direct, practical, and empathetic advice to founders, drawing on their own experiences of building, scaling, and exiting B2B software businesses.