Founders transforming the MSP industry.
By Founders. For Founders.
Our General Partners have founded some of the market leaders in the global MSP industry. Top Down's leadership team is a group of passionate, experienced executives invested entirely in your success.
Focused capital. Real impact.
We invest in the next-generation of MSP software. Our focus is on high-impact innovation across Cybersecurity, AI & Automation, SaaS Management, FinOps, MSP Orchestration, among others.
Fund II - Founders Fund
current fund$40M
fund sizeOct 2024
fund launchPre-Seed, Seed, Series A
stage$500K to $3M
Cheque SizeThe evolution of managed services
We zero in on areas where software is reshaping the MSP and SMB landscape—creating new categories, unlocking efficiency, and driving meaningful outcomes.
Managed IT & Security
- Infrastructure
- Productivity Apps
- Communications
- Security and Protection
2000s
RMM/PSA drives MSP model; AI Service Automation
Cloud Applications
- Software-as-a-Service (CRM+, ERP, SM, Vert.)
- Digital Marketplaces
- Hyperscalers
2010s
SaaS evolves MSP model; MSP Marketplaces
Cybersecurity MSP
- Cybersecurity
- Disaster Recovery
- InfoSec programs
- Digital Risk/Maturity
2020s
Cyber hyper-growth; Platformization of tools
Next-Gen MSP
- Digital Work Analytics
- Managed AI
- Hyper Automation
- Digital Labour (AI Agents)
2025
The future of MSP
We also back exceptional teams building the next generation of software sold through the MSP channel—providing capital, hands-on operational support, and scaling expertise at the critical inflection point between product-market fit and go-to-market acceleration.
Founder-first, always.
Our mission starts with the entrepreneur. We align our goals with theirs, bringing decades of industry expertise to back and support fearless and ambitious founders building scalable businesses, and leaving lasting legacies in the MSP ecosystem.
It has been a pleasure working alongside Top Down Ventures as we’ve grown our company. The unparalleled support we have received from them has provided us with efficient guidance and tangible outcomes that have left an impact. Since their immeasurable expertise has consistently pointed us in the right direction, we look forward to our future with them.
Karim Ladha
CEO, Styx Intelligence
ControlMap’s partnership with TopDown Capital quickly began just after introductions and it quickly became clear they were more than just investors. Leading our seed round, they brought not only capital but unmatched expertise in the MSP space. Their deep understanding of the managed services industry shaped our GTM and sales strategy, and their hands-on support across operations, HR, and scaling helped us build a solid foundation for growth. TopDown has been a true partner every step of the way from seed round to exit.
Pallav Tandon
CEO, Founder of ControlMap
Being a Top Down company means being able to focus more time on pulling the levers of business success. The Top Down team helped us take a great product concept and a tremendous market opportunity, and find the best way to engage for maximum impact.
Mike Walsh
CEO, Founder of Quoter
Top Down is an exceptional partner to Produce8. Their strategic guidance, operational expertise, and MSP SaaS playbook have been instrumental in helping us focus on what matters most — driving results. Having access to their seasoned team, from strategy to finance to people and culture, has given us a clear advantage. It is rare for a company at our stage to operate with this level of support and insight, and it’s had a direct impact on our ability to grow with intention and confidence.
Janice Siddons
President, Produce8
Results that speak for themselves.
We are deeply focused in areas where we see opportunities for software to transform and innovate the MSP/SMB software landscape and create new categories.