Soma Capital’s cover photo
Soma Capital

Soma Capital

Venture Capital and Private Equity Principals

San Francisco, CA 17,376 followers

Soma Capital is an early stage venture fund investing in early stage software and technology, founded in early 2015

About us

Soma Capital is a fund built by founders for founders, focused on software. We've invested seed in +20 unicorns worth ~$100b combined often 1st check including Deel, Rippling, Ramp, Cruise, Rappi, Ironclad, Human Interest, Razorpay, Lambda School among others. Soma Cap partners and advisors have built billion dollar software co's, for example Vivek Ranadive is the founder of multi billion dollar enterprise software company Tibco ($4.3 billion exit to Vista Equity Partners). Tibco services include big data, analytics, event processing, among others, generating over $1bn in yearly revenue and powers 80% of Fortune 500 companies. This gives Soma CEO-level relationships with many of the biggest brands in the world. Vivek has also been involved early investing and mentoring all time great tech companies including google, yahoo, salesforce, ebay and apple. Soma Cap partners also own the Sacramento Kings NBA team and are developing over 200 acres of land in downtown Sacramento including hotels, condo's, restaurants, malls and more.

Website
somacap.com
Industry
Venture Capital and Private Equity Principals
Company size
11-50 employees
Headquarters
San Francisco, CA
Type
Privately Held
Founded
2015

Locations

Employees at Soma Capital

Updates

  • Congrats Rajat Bhageria and the Chef Robotics team!

    View profile for Rajat Bhageria

    Founder at Chef | AI-Enabled Food Robotics

    I'm excited to announce we at Chef have closed $43.1M in financing to scale deployments of our AI-enabled robots! This brings Chef’s total capital raised to ~$65.6M ($38.8M in equity and $26.75M in debt). To date, Chef robots have produced 44,000,000 servings and counting, more meals than all other existing food robotics startups combined. Chef has AI-enabled robots deployed all over North America which have completed tens of thousands of hours of active production and manipulated almost 2,000 ingredients in production. We have quickly cemented our standing as the industry leader in AI-enabled food robotics. Now, this fresh round of capital will enable us to expand our fleet of intelligent robots, accelerate customer deployments across both our existing and new customers, advance our physical AI model ChefOS, grow our go-to-market team, and expand internationally. This financing is a great vote of confidence for both what we’ve built and also for the pull we’re seeing from our customers. We’re grateful for our customers, team, investors, and partners for their support to get to this milestone! We’re more energized than ever to accelerate the advent of intelligent machines in the world🚀 Thank you to CNBC for covering the exclusive! (link in comments)

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  • Super excited to see Tavus’ latest update for developers – AI with emotional intelligence

    View organization page for Tavus

    10,179 followers

    Today, we’re excited to introduce three state-of-the-art models that work together to transform human-AI interactions: 🤖 Phoenix-3: Our flagship replica model, now with full-face rendering, emotions, & micro expressions 👁️ Raven-0: A real-time perception system, giving AI human-like eyes to understand visual context and emotions 🗣️ Sparrow-0: A transformer-based turn-taking model for natural dialogue and turn-taking You can now build even more realistic AI Agents with emotional intelligence. They not only look human, but can engage, perceive, listen, and understand in a deeply human way. This is an evolution of our Conversational Video Interface, into a complete operating system for human-AI interaction. AI isn’t just responding anymore. It’s thinking, perceiving, and evolving – it's a big step closer to feeling like true face-to-face communication. See the magic for yourself—talk to our live demo agent Charlie: www.tavus.io We can’t wait to see what conversational AI video experiences you build with CVI. 🚀

  • Congrats Vardhan Kapoor, Shubham Choudhary on the seed announcement!

    View profile for Vardhan Kapoor

    CEO & Co-Founder @ Firstwork (YC S24) I Ex-Remitly (NASDAQ: RELY) and Deliveroo (LSE:ROO) Leadership I Forbes 30U30

    ⚒️ We raised $5M to fix the HR systems holding frontline workers back ⚒️ It’s proof that the global workforce is changing and we need to do better for them. For far too long, HR tech has streamlined hiring, onboarding, and compliance for traditional careers. But what about 80% of the global workforce who power healthcare, logistics, and essential industries? It’s time for a system built for them. And the backing FirstWork (YC S24) landed shows the industry sees it too: Google's Gradient, Y Combinator, Soma Capital , 468 Capital, Houghton Street Ventures and an incredible group of angels, including Job&Talent's Felipe Navío, Deel's Philippe Bouaziz & Dan Westgarth, just to name a few. This milestone wouldn’t have happened without my co-founder, the phenomenal Shubham Choudhary and every amazing individual on our team. Frontline workers deserve better, and FirstWork is ready to make sure HR tech steps up to the plate. This is about more than faster paperwork. It’s about making sure the right people are in the right jobs when they’re needed most. Frontline workers don’t have time to wait. Neither should we. 💬 and if you’re hiring frontline workers, let’s talk - vardhan@firstwork.com

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  • Soma Capital reposted this

    View profile for Sid Manchkanti

    Co-Founder @ Pulse (YC S24)

    Today, we’re thrilled to announce Pulse's $3.9M seed round led by Nat Friedman and Daniel Gross (NFDG). Our round also includes participation from Y Combinator, Sequoia Capital Scout, Soma Capital, Liquid 2 Ventures, Olive Tree Capital, Tiferes Ventures, and execs from NVIDIA, OpenAI and Ramp. PDF parsing and OCR tools have been around for decades, yet both legacy players and AI startups still struggle with real-world document processing. We've seen teams lose 20-30% of their business-critical information due to poor extraction. To solve this, we've built intelligent schema mapping and fine-tuned extraction models that maintain enterprise-grade accuracy across millions of documents. Our platform is already powering Fortune 100 enterprises building RAG systems, YC startups automating due diligence workflows, and growth-stage companies saving thousands of hours in manual data entry. We're a small but fast-growing team of engineers in San Francisco, working to solve complex data challenges. Our vision is to fundamentally transform how organizations handle data ingestion, building infrastructure that will power the next generation of AI systems.

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  • Soma Capital reposted this

    View profile for Alex Lee

    CEO @ Truewind - AI for Accountants

    Fundraising announcement day ⛵️ (which also means many thank you’s to follow) Truewind has raised $13M in our Series A, co-led by Habib Kairouz at Rho Capital Partners, Inc. and Joseph Dormani at Thomson Reuters Ventures. We’re thrilled to welcome new investors Charley Ma at Pathlight Ventures and Greg Ennis at Peninsula Ventures along with several fantastic angels. Thank you Lucinda Shen at Axios for covering us these past two years and continues breaking our news coverage. We are grateful to our existing investors for their ongoing support, without whom we would not be here today. Logan Allin at Fin Capital, Brad Flora at Y Combinator, Alex Ren at Fellows Fund, Dave Anderson at Beat Ventures, Aneel Ranadive at Soma Capital, Tak Miyata at Scrum Ventures, Mikihiro Yasuda at Hike Ventures, and Jun Li at SV Tech Ventures. And thank you to our customers. The businesses and founders, the accounting firms and accountants, who trust us to deliver new AI solutions to speed up the month-end close and deliver better insights. In partnership with our customers, Truewind has developed a holistic solution that absorbs 47% of the month-end close tasks and accelerates the close. Looking ahead, we will use our Series A funding to expand our accountant community network, scale our world-class multidisciplinary team, and build out our suite of product features. We are energized to invest in our products and team to enable accountants to harness the full potential of generative AI.

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  • We're excited for all that's to come at Revv and congrats to Adi Bathla, Rashmi Sinha and the rest of the team!

    View profile for Adi Bathla

    CEO at Revv | Forbes 30 Under 30

    Our biggest news yet... 🏎️ Today I'm beyond proud to announce that Revv has raised $20M led by Left Lane Capital, with participation from Soma Capital, 1984 Ventures, and AGLAÉ VENTURES We started Revv with a simple observation: as vehicles become increasingly software-dependent, technicians are struggling to keep up with the complexity of repairing safety systems. This challenge isn't just technical - it was fundamentally hurting how repair shops operate and succeed. In this new era of AI, Rashmi Sinha and I saw the opportunity to completely transform how diagnostics worked. In just 18 months, we've grown to: - 2,100+ repair locations - High 7-figure ARR - Double to triple-digit QoQ growth - Great results (one partner expanded from 1 to 37 locations in 4 months!) A huge thank you to our early customers who believed in our vision from day one. None of this would be possible without our incredible team. From our earliest days as a two-person operation to now 50+, every member has contributed to building something truly transformative. We're just getting started. Our mission extends beyond ADAS diagnostics - we're building a comprehensive 360-degree repair solution to help shops of all sizes navigate the increasing complexity of today's vehicles. We're hiring across all departments! If you're passionate about what we're building, we'd love to hear from you. Learn more about our journey and the future of auto repair in the press release (link in comments) 🔧

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  • Congrats to Ankit Singhal and team, excited to be early supporters of Anthrogen!

    View profile for Ankit Singhal

    Co-founder at Anthrogen (YC S24) | Forbes 30u30 | Columbia Science Research Fellow

    Super excited to announce Anthrogen (YC S24) closed a $4M seed round a few weeks ago led by BoxGroup and ReGen Ventures with participation from funds like Wayfinder Ventures, Liquid 2 Ventures, Soma Capital, Ritual Capital, Collaborative Fund (SFF), and Pioneer Fund. We also have a great team of angels including Paul Graham, Kulveer Taggar, Todd Goldberg and Rahul Vohra's Angel Fund, and others! We’re pumped to be working on turning carbon dioxide into valuable chemicals by way of AI-designed enzymatic cascades. Huge shout out to Gustaf Alströmer 🇺🇦 at Y Combinator, without whom this wouldn’t have been possible and to Katie Fehrenbacher for the write-up in Axios: https://lnkd.in/efCDi8yG And, of course, to my co-founders Connor Lee and Vignesh Karthik! Yuri Sagalov, Aneel Ranadive, Byron Milligan, Claire Goldsmith, Adam Rothenberg, Disha Karale, Benjamin Bryant, Tim Suzman, Jason Gray, Dave Messina, Cameron Urban, Max Kolysh, Chris H., Yahya Mokhtarzada, Michael Ma, Dan Fitzgerald, Tom McQuillen, Keely Anson, Matt Kaufman, Sarah Rodriguez, Brian L..

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  • Excited to back Josh Payne and the Coframe team!

    View organization page for Coframe

    2,678 followers

    The web is dead. We've raised $9M from Khosla Ventures and Nat Friedman to help bring it to life! ⚡ Imagine if everyone had the same exact LinkedIn feed. No optimization. No personalization. No self-improvement. That is the state of most websites on the internet today: unintelligent, stale, dead. Growth and marketing teams spend tons of time and effort running experiments to improve metrics. And with large user bases, optimizing for the sheer number of audience segments becomes totally unmanageable. This changes with Coframe. We're on a mission to give every website its own dedicated AI growth engineer, learning and improving 24/7. And it doesn't stop at websites. In fact, we've already started optimizing marketing campaigns as well. One large enterprise we work with has already seen a 42% lift in their target metric, with one customer segment experiencing a lift of 352%! 🎯 So stay tuned, we're just getting started. Our _real_ announcement is coming soon ;) Come build a self-improving internet with us: https://lnkd.in/gCfqWS_n See the coverage in Reuters: https://lnkd.in/giry84pr

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  • Congrats to the Pawp team for going live with Walmart!!

    View profile for Marc Atiyeh

    Founder/CEO at Pawp

    It’s official: we are live with Walmart. Pawp is now a permanent benefit included with Walmart+ 😻🎉🐶 This puts Pawp into the hands of millions of Walmart+ members — providing them with complimentary access to around-the-clock, instant pet care from their phones with Pawp. This launch makes Pawp the first permanent pet benefit of a massive e-commerce membership program ever. I don’t need to tell you that Walmart is the largest retailer in the world. They serve over 255M customers online and in-stores each week. The scale of this partnership is explosive — over 75% of Walmart+ members have pets. This launch gives millions of pets and their parents affordable access to pet care at a critical time as veterinary costs continue to rise. It puts us one giant leap closer to realizing our mission of providing access to healthcare to as many pets as possible. I want to thank everyone at Walmart+ who helped make this a reality. A special thank you to Venessa Yates, Seth Dallaire, Kaitlyn Shadiow, and the entire Walmart+ family. We are absolutely pumped to get this thing off the ground. Onwards and upwards 🚀 PS: You should know that all American Express Platinum card holders have access to Walmart+ for free (and that means Pawp too)!

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Funding

Soma Capital 2 total rounds

Last Round

Seed
See more info on crunchbase