We invest across consumer, enterprise, and healthcare. Since starting 4 years ago, we have invested seed in the likes of Cruise, Rappi, Astranis, Embarktrucks, Razorpay, Lambda School, Atrium and Ironclad. Soma invests seed, then anchor partner Bow Capital does the Series A and beyond.
Soma is led by Aneel Ranadive. Aneel has over 10 years experience building consumer internet companies, and has since led Soma to over 80 investments in the last 4 years with the companies having a total combined valuation of over $20bn. Prior to Soma Capital and working on various startups over 10 years, Aneel did investment banking at Bank of America and prior to banking he attended Columbia University and majored in mathematics with a minor in economics.
Soma Capital is anchored by Bow Capital, which is led by Aneel’s father Vivek Ranadive. Vivek is the founder of Tibco software, which he grew to over $1bn in yearly revenue powering 80% of Fortune 500 companies and then sold to Vista for $4.3bn. This gives Soma and Bow many CEO level relationships with some of the biggest brands in the world. In addition, Vivek has been a legendary seed investor involved early with the likes of Google, Yahoo and eBay and even mentored Steve Jobs in the early days of Next and worked closely with government including direct with Obama while president.
In 2013 Vivek bought the Sacramento Kings, launched the most high tech arena in the world in 2016, and now is building out 200 acres of land all around downtown Sacramento.
The Kings NBA ownership gives Soma and Bow many influencer connections in sports and entertainment where we can bring the biggest athletes and artists in the world to help portfolio companies.
Bow is anchored by the UC endowment, which is the largest school endowment in the world ($120bn) and gives us access to labs, professors, research facilities and over 22k graduating engineers per year to help portfolio co’s with hiring:
Vivek’s partners at Bow who also work closely with Soma include Grady Burnett and Rafi Syed. Grady led North America sales at Google under Sheryl Sandberg and then went to Facebook with Sheryl and helped grow revenue from $200m to over $8bn. Rafi was previously a partner at Bessemer and then Khosla before joining Bow.