Jaan Capital is a Different Kind of Exit For Software Entrepreneurs
Raj has a decade of SaaS CEO experience
Jaan Capital Is Not: A Search Fund
We're operators. Our only goal is to take your team and company to new heights.
Why Jaan Capital?
Where does the name come from?
The name "Jaan," meaning "life" or "beloved" in Hindi, reflects our understanding that your business represents your life's work. We honor the deep affection you have for what you've built and emphasize that our relationship is far more than transactional. We aim to preserve your legacy, invest in your team, and ensure your vision continues to thrive.
Proven Leadership
Raj acquired and ran a vertical SaaS company (SuperSalon), growing it nearly threefold before a successful exit. He brings firsthand experience scaling and professionalizing a founder-led business. Raj knows what it takes to build lasting value because he has done it before. He is an operator, not just a financial buyer.
Flexibility
Jaan Capital offers true flexibility on deal structure and post-close involvement. Sellers can stay on in a board role, take on a new position, or fully transition out. There is no requirement to roll equity. Raj’s only focus is doing right by the business, its team, and the legacy you built.
Investor Support
Jaan Capital is backed by SaaS CEOs and investors who have scaled companies from $5 million to over $500 million. Many of these relationships go back for more than 10 years and were part of the previous investment. Their continued support reflects a shared belief in Raj’s ability to lead and create lasting value for all stakeholders.
People are Everything
Culture and relationships are at the center of every great company. Raj prioritizes the people behind the product and works to preserve what makes the business special. His leadership is rooted in trust, transparency, and respect. His LinkedIn references speak to his commitment to doing right by employees, customers, and vendors.
Differentiated
Raj is not focused on cost cutting or chasing synergies. His approach is centered on long-term growth through investment in the product, team, and customers. Instead of fixing what is not broken, he builds on what works. The strategy is steady, intentional, and built around the company’s core strengths.
Focused Investment
This is not one of many investments. Raj is committing his full time, energy, and capital to this business. After acquisition, he will focus on growth through sales, marketing, systems, and process improvement. The goal is to protect what made the company great while giving it the resources to reach the next level.
Meet the Founder
My name is Raj Mahajan
Raj started Jaan Capital after acquiring, operating, and successfully exiting SuperSalon, a point-of-sale software company used by over 10,000 salons. During that time, he more than doubled the ARR while maintaining profitability and making a smaller tuck-in acquisition.
At Jaan Capital, Raj is not just looking to acquire a company, he's looking to build upon the legacies that founders have poured their lives into. The model is simple: lead with operators, invest in people and systems, and grow through empathy and execution.
If you're considering your next chapter, we'd love to learn more about your journey.
Raj Outside of Work
Raj’s personal life reflects the same values he brings to his work: curiosity, commitment, and connection. A proud father since July 2024, he treasures time with his wife, newborn daughter, and red fox lab embracing the joys and challenges of parenthood.
An avid traveller, Raj has traveled to more than 80 countries, is an enthusiastic LA sports fan, and enjoys the game of golf despite being self-prescribed “terrible golfer.” Whether exploring new cultures, engaging with his community, or spending time outdoors with his wife, daughter, and dog, Raj approaches life with a spirit of purpose and gratitude.
Entrepreneur and Leader
Raj Mahajan brings over two decades of leadership in entrepreneurship, finance, and M&A, shaped by experiences across multiple industries and continents. Raised in Palos Verdes, CA, he earned his undergraduate degree from Boston University and later his MBA from the University of Southern California with a focus on Entrepreneurship and Strategy. His early career in New York and Southern California investment banking refined his skills in finance and deal-structuring.
Raj has built a reputation for guiding organizations through periods of growth, transformation, and operational excellence. His leadership style blends strategic vision with disciplined execution, underpinned by a deep belief in investing in people and building scalable systems.
Over the years, he has worked closely with teams to create enduring value for stakeholders, develop high-performing management structures, and forge partnerships that extend market reach and enhance customer experience.
A dedicated leader beyond the boardroom, Raj is part of the founding members and serves on the Board of YPO’s Waterloo Austin Chapter, remaining active in entrepreneurial networks. While living in Minneapolis, he also served on the Board of the Minnesota State Chamber of Commerce, contributing to statewide initiatives that supported business growth and innovation. Raj also serves as a strategic advisor to Victoriam Equity.
Known for his collaborative mindset, he frequently shares his insights through speaking engagements, offering lessons from his entrepreneurial journey to the next generation of founders and executives.
Meet Cue
Cue is part of the Jaan Capital team and responsible for deal origination, research, and financial modeling. He is currently pursuing his Master of Science in Finance at the University of Southern California.
As an analyst, Cue supports the firm’s acquisition and investment efforts through in-depth market research, detailed financial modeling, and evaluation of potential M&A opportunities. His work also includes due diligence, industry mapping, and competitive benchmarking to ensure every opportunity is thoroughly assessed.
Beyond the numbers, Cue plays an important role in founder outreach, connecting with business owners to learn their stories, explore synergies, and build meaningful relationships. If you reach out to Jaan Capital, there’s a good chance you will hear from Cue as part of the conversation.
Outside of his work at Jaan Capital and graduate studies at USC, Cue also enjoys exploring new destinations and cultures. He stays active through pickleball, running, and skiing, which he sees as both a way to challenge himself physically and to connect with others who share the same passion for sport and adventure.
The Right Fit?
Our Criteria 🔎
SaaS Focus
We focus on B2B SaaS, especially vertical software with clear customer use cases. Our sweet spot is solving real problems in industries where software adoption is accelerating.
Financial Metrics
Ideal targets have:
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$5 - $15 million in annual revenue
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> 40% recurring revenue
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15%+ EBITDA margin
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>10% ARR Growth
That profile gives us room to reinvest in people, systems, and sustainable growth from day one.
Product-Market Fit
We look for products that customers can’t live without. Businesses where churn is low, usage is high, and the product clearly solves a real pain point. With the right focus and strategy, we help expand what’s already working, not reinvent it.
Minimal Customer Concentration
No single customer should be >20% of revenue. This protects long-term stability and ensures product direction is driven by the market, not just one account.
Company Culture
We invest in teams, not just software. That means supporting the current team’s growth and building on the culture that made the business special, not replacing it
Built by a Seasoned Operator.
Backed by Experts.
Jaan Capital is led by Raj Mahajan, a former CEO who has acquired, scaled, and sold a vertical SaaS business. This is not a financial firm and not a first-time buyer. Raj brings full-time leadership and real operating experience.
He is supported by seasoned SaaS founders and executives who have built companies from $5 million to over $500 million. They bring insight and support, but this is Raj’s business to lead. You are not joining a portfolio. You are joining a team that knows what it means to carry the weight.
What Raj's Past Colleagues Have to Say About Raj
"I had the privilege of working under Raj's leadership for nearly two years. His entrepreneurial vision and commitment to integrity made him an exceptional CEO. He fostered a collaborative environment, skillfully balancing the needs of employees, customers, partners, and investors.
During the COVID pandemic, Raj navigated the complex challenges in the face of extreme uncertainty, maintaining business stability, providing financial relief to customers, and finding creative ways for employees to stay engaged.
His empathy and humility allow him to connect with everyone, ensuring openness and free-flowing ideas. Raj’s leadership inspired us to achieve our best, fostering intellectual growth and delivering value to customers and investors.
I’m grateful for the opportunity to work with such an inspiring leader and highly recommend Raj for any role where his entrepreneurial acumen and collaborative approach can make a positive impact."
Cory
Former Head of Technology ProPoint/SuperSalon
Get in Touch
We’re always looking for new and exciting opportunities. Let’s connect. Whether you’re ready to move forward or simply exploring ideas, we’re happy to discuss and see where the conversation takes us.
Email Us: raj@jaancapital.com
Call Us: 310-927-0127
