Despite the MSP industry’s massive growth and entrepreneurial success, the lack of standout public companies has shaped how Wall Street views MSPs compared to SaaS. So how do we change that narrative? What are Top Down's "Mag 7" potential IPO candidates that could change it?

Top Down Ventures today announced the acquisition of MSP Growth Hacks, the independent media and research platform founded by Kevin Clune. This strategic acquisition represents a significant step toward Top Down’s mission to build a unified, research-driven source of truth for the IT Channel.

Discover how the MSP industry has evolved over 25 years—from break-fix beginnings to AI-powered, next-gen platforms—and why it’s now primed for venture-scale disruption. The blog post also introduces MSP Outliers by Top Down, our new platform spotlighting the next generation of breakout technology companies emerging at the intersection of MSP, SaaS, and AI.

Top Down is proud to announce the launch of MSP Outliers, a first of its kind investor platform focused on the $500B+ global market for managed services and the hyper-growth next-generation software powering the MSPs.

Top Down Ventures invests in companies that bring real, scalable security solutions to the MSP ecosystem. That’s why we’re excited to announce our investment in Styx Intelligence, a cybersecurity innovator focused on Digital Risk Protection (DRP), from Top Down Founders Fund.

In our latest update, we share continued momentum behind our MSP-focused thesis, early fund traction with three portfolio investments, and strong progress across the portfolio. We also announced an increase to our target fund size as we continue to scale our efforts to back the next generation of software powering the MSP ecosystem.

Top Down Ventures is excited to announce our lead investment from the Top Down Founders Fund in ThreatMate, a cutting-edge cybersecurity startup redefining attack surface management for Managed Service Providers (MSPs).

We are thrilled to announce one of the first investments from our newly launched Founders Fund I: a strategic growth investment in Cork Protection, a leader in proactive cybersecurity solutions and financial risk management. This investment underscores our mission to support innovative SaaS companies that empower Managed Service Providers (MSPs) and drive transformative change in the industry.

Top Down Ventures, the premier venture capital firm founded by industry visionary Chris Day, has announced the first close of its US$25M Founders Fund,  designed to fuel early-stage SaaS companies within the Managed Service Provider (MSP) sector.

Top Down Capital is excited to announce its strategic growth investment in Benji Pays—an innovative payment automation platform designed specifically for Managed Service Providers (MSPs). This investment, completing just prior to the first close of Top Down Founders Fund I, includes participation from Ten Eighty Ventures and further solidifies our commitment to investing in the future of MSP software.

In the dynamic world of startups, venture studios have emerged as a pivotal force, transforming the way new ventures are nurtured and launched. Top Down Ventures exemplifies this transformative power through its innovative Software-as-a-Service (SaaS) playbook approach, particularly with the recent launch of its flagship Top Down Founders Fund I.

The last decade has witnessed an extraordinary surge in managed services, catapulting the industry to an astonishing value of $500 billion. This explosion has resulted in a vast and dynamic ecosystem encompassing software solutions, service providers, marketplaces, consultants, and influencers that span the globe and continue to grow at an unprecedented pace.