SECOND RUN

We buy SaaS companies that became non-venture scale.

Your investors have moved on. Your customers still pay. Your product still works. That's not a failure — that's a second run waiting to happen.

Is this you?

Orphaned by your investors

No follow-on coming. The fund moved to a new fund. A formal wind-down costs them $50–150K — you're the asset they forgot to exit.

Plateaued on purpose

Started as SaaS, became a services job. You built something real, and it turned into a treadmill you didn't sign up for.

Ready to move on

You don't need liquidity — you need permission to leave. Someone to run it, keep the customers whole, and write you a check over time.

How it works

130-minute call. You, us, the real numbers. No deck required.
230-day transition. Seller-financed close — little to no cash needed from you at close, payments to you over time.
3We run it. Customers, support, roadmap — handled. You advise informally if you want.
4You keep upside. ~7% equity in the reboot, plus the seller note. If the second run works, you share in it.

What we buy: $500K–$3M revenue, durable customers, cash-neutral or better at the unit level. Orphaned, not dying.

Your baseline

SecondRun buy-box fit
0buy-box floor: 70100
AI-native readiness (Vixul benchmark)
0benchmark floor: 60100

Self-reported score — indicative only, subject to diligence. Your answers go to the SecondRun team only and are never shared or sold. No obligation at any step.