Soma Capital was founded by Aneel Ranadive, who has over 15 years of experience building and investing in startups. Soma invests in software to automate the economy across any sector or geography. Since March 2015 founding, Soma Cap has invested seed in 17 unicorns, and over 300 startups valued over $50 billion combined including Cruise, Rappi, Rippling, Ironclad, Ramp, Razorpay, among others.
Aneel also works closely with his father Vivek Ranadive, who founded TIBCO Software ($4.3b exit). TIBCO Software’s pioneering products include big data, analytics, event processing and cloud services, making Vivek a key expert in enterprise software. Through this relationship, Soma Capital has access to Vivek’s deep rolodex of CEO-level relationships with some of the biggest brands in the world, who can help make strategic introductions for portfolio companies. In 2013, Vivek Ranadive purchased the NBA’s Sacramento Kings, becoming the first Indian-born majority owner in the league.