Soma’s vision is backing brilliant founders working on huge problems that can touch a billion or more lives across the world and push civilization forward.
Soma is founded by Aneel Ranadive, who has +10 years experience building startups and investing seed in over 100 startups including Cruise, Rappi, Embarktrucks, Astranis, Atrium and Lambda School (combined valuation of over $27b across all portfolio co’s).
Aneel works with his father Vivek Ranadive, founder of Tibco (sold for $4.3bn to Vista). Tibco software includes big data, analytics, event processing and cloud services. Tibco originally digitized Wall Street and powers 80% of Fortune 500 companies including many of the biggest banks, airlines, retailers, hotels, casinos, and government services. Vivek has also been involved at the early stages with all time greats like Google, Yahoo, Salesforce, eBay and even mentored Steve Jobs in the early days of Next.
Soma Capital has a deep rolodex of CEO-level relationships with some of the biggest brands in the world and makes strategic introductions for portfolio companies. Ranadive also owns the Sacramento Kings (NBA basketball) providing many influential relationships in sports and entertainment. Soma works closely with Bow Capital, Vivek Ranadive’s later stage fund which anchors Soma Capital and can lead the Series A and beyond for Soma portfolio companies.