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Jaan Capital, founded by experienced entrepreneur and CEO Raj Mahajan, is an operator-led acquisition SF dedicated to acquiring a single small to medium-sized SaaS business in the USA. Backed by seasoned operators, funds, and family offices, the firm combines capital, leadership, and operational expertise to drive sustainable growth. This group includes Applied Equity Partners, Archipelago Capital Partners, BK Growth, ETA Equity, Endurance Search, Legate Partners, Marion Equity Partners, Northspring Partners, Pacific Lake, Operand Group, and a dozen private investors.
Raj Mahajan is an accomplished CEO with expertise in finance and entrepreneurship. After graduating, he built a decade-long career in investment banking and worked at a family office, with a year-long sabbatical to travel to 22 countries. He later earned an MBA from USC, specializing in Entrepreneurship and Strategy. In 2014, he founded Basswood Capital, a search fund, raised capital, and acquired ProPoint Solutions, a Point-of-Sale software provider for 10,000+ salons and spas in North America. As CEO, he retained the team, established a Minneapolis headquarters, and doubled ARR in four years before selling the company in 2021, achieving strong investor returns and securing stability for employees.
Raj now leads Jaan Capital, focused on acquiring and scaling another SaaS business, primarily in vertical markets, with $5–15 million in ARR, at least 70% recurring revenue, and strong EBITDA margins. The name “Jaan,” the Hindi word for “life” or “loved one,” reflects his belief in the deep commitment required to grow a business and nurture its community.