Aneel Ranadive is the founder of Soma Cap, started 8 yrs ago investing in B2B / SaaS across any sector or geography we've now been early often 1st check-in over 20 unicorns since starting (Deel, Rippling, Lattice, Ironclad, Rappi, Razorpay, Ramp, etc.) many also now advise Soma portfolio founders.
We invest in software to automate the world across sectors and geographies. Our portfolio now includes 500+ brilliant teams, of which are driven to make the world a better place through grit, intelligence and determination. Here’s a quick look:
Soma partners with founders across dimensions of their business, from the earliest and most critical stages of company formation to larger challenges of scaling, acquiring customers, and navigating regulations. See below for founder references from many of the +20 unicorns founders we seeded — one in particular from Eric Glyman, Ramp cofounder “Aneel and Soma changed my life” here - we were one of the 1st investors
Soma Cap is at ~$1b AUM with our latest close "and just getting started" — we maintain a massive network of connections across capital allocators, Fortune 500 CEOs, and key figures in politics, sports, media, entertainment and beyond that we have leveraged for our portfolio companies in the past.
Fortune 500 Company Relationships
One of our “superpowers” is having a deep network of top executives / CEOs of Fortune 500 companies from the company Aneel’s father Vivek built — Tibco Software. Tibco powered big data for much of the Fortune 500 in the 90s and early 2000s, additionally powering gov-services as well. Vivek exited Tibco to Vista Equity Partners in a $4.3b exit in 2014, but we maintain the rolodex of connections across government and enterprise created during the company’s growth.
Vivek also seeded/mentored Google, Yahoo, Salesforce, and eBay to Steve Jobs during Next operating system days. See below for sample connections across verticals and end markets:
🌏 Soma Cap Sample Direct Connections
Unique and Strategic LP Base
Soma LP base unlocks strategic value for our portfolio companies. We are backed by the co-founders of Meta, DataDog, DocuSign, Google, and Tinder among others, as well as Tier 1 growth funds who can lead rounds of our breakouts — including partners and funds like Tiger, DST, NEA, GreenOaks, Insight, Sequoia, Temasek etc. We like to think of ourselves as ‘connective tissue’ on the fundraising side and have close relationships with key decision makers at large institutional growth funds which frequently led rounds in our early-stage portfolio companies.