Ankona Capital

Ankona Capital is a venture capital firm founded in 2019 and based in Los Angeles, California. The firm specializes in early-stage and growth capital investments, focusing primarily on B2B SaaS and software-enabled services companies. Ankona Capital typically invests between $5 million and $15 million in equity per transaction, targeting companies with annual revenues between $5 million and $15 million. The firm generally seeks minority stakes in its portfolio companies and prefers to secure a Board seat to support their growth. Notably, Ankona Capital aims to invest outside of Silicon Valley, leveraging the extensive experience of its team, which boasts over 50 years of combined expertise in the software sector.

Newth Morris

Managing Director

Jared Smith

Managing Director

24 past transactions

Canopy

Series C in 2025
Canopy offers a cloud-based Practice Management solution for Accounting firms. This includes CRM, Client Portal, Document Management, eSignatures, Workflow, Time & Billing, Payments, Tax Resolution, and Transcripts and Notices.

Orca AI

Venture Round in 2024
Orca AI is a maritime technology company founded in 2018 by Navy veterans, based in the United States. The company specializes in a software solution that leverages artificial intelligence and computer vision to enhance the operational safety, efficiency, and sustainability of shipping companies. Its platform focuses on managing vessel data to detect, analyze, and alert users to hazardous scenarios in waterways and deep waters. By October 2024, Orca AI had secured bookings for 900 vessels, with 550 installations completed, earning the trust of major industry players across various shipping segments. The company's system aims to reduce collisions and prevent human error, thereby enabling crews to make informed decisions in critical situations. Orca AI has raised $38 million in funding from venture capitalists in the US, UK, and Israel and has a workforce of 80 employees across offices in London, Athens, Singapore, and Tel Aviv.

Canopy

Venture Round in 2024
Canopy offers a cloud-based Practice Management solution for Accounting firms. This includes CRM, Client Portal, Document Management, eSignatures, Workflow, Time & Billing, Payments, Tax Resolution, and Transcripts and Notices.

Bonusly

Series B in 2023
Bonusly is a recognition and rewards platform designed to enhance employee engagement by facilitating peer-to-peer bonuses and recognition. By celebrating everyday contributions and key milestones, Bonusly helps organizations improve collaboration, productivity, and retention. The platform automates HR processes, incentivizes participation in company initiatives, and provides digital rewards that employees appreciate. With powerful analytics tools, Bonusly offers insights into employee experiences at individual, team, and company levels, aiding strategic decisions related to culture and performance management. The platform encourages social recognition, helping employees understand and embody the company's core values. Bonusly is user-friendly, with a simple interface that promotes frequent usage; 89% of users participate within their first month, and 79% receive recognition monthly. Trusted by a diverse array of organizations, Bonusly integrates seamlessly with existing tools, offering robust options such as HRIS, SSO, and mobile apps, making employee recognition accessible regardless of location.

Alleva

Series A in 2022
Alleva offers an electronic medical record (EMR) platform specifically designed for behavioral health, focusing on evidence-based treatment modalities. The platform aims to simplify and streamline daily tasks for medical professionals, allowing clinicians to dedicate more time to patient care rather than administrative duties. With features that support remote patient consultations, task management, and reporting tools, Alleva provides valuable insights into patient progress. By enhancing the efficiency of healthcare providers, Alleva's mission is to improve the lives of individuals suffering from mental health and addiction issues through innovative technology.

Rivet

Series B in 2022
Rivet is fixing the adversarial relationship between healthcare providers and payers, arming providers with more sophistication and productivity to improve financial transparency and operational efficiency.

Order

Series B in 2022
Negotiatus Corp. is a New York-based company founded in 2014 that specializes in online purchasing software. Its flagship platform, Negotiatus, is designed to streamline the entire purchasing process for businesses, allowing administrators and users to place orders, manage spending, and submit payments across various vendors efficiently. The platform offers enterprise-level control and analytics, facilitating a simple and powerful experience from sourcing to payment without the complexities of heavy implementation or maintenance. With a quick onboarding process of fewer than two weeks, Negotiatus is trusted by numerous fast-growing companies across diverse industries, including health and wellness and professional services. The software enables businesses to analyze multiple vendor accounts effortlessly, enhancing operational efficiency and financial oversight.

Lawmatics

Series A in 2021
Lawmatics is a full-funnel CRM, client intake, and marketing automation software designed for the modern law firm.

Canopy

Venture Round in 2021
Canopy offers a cloud-based Practice Management solution for Accounting firms. This includes CRM, Client Portal, Document Management, eSignatures, Workflow, Time & Billing, Payments, Tax Resolution, and Transcripts and Notices.

VideoAmp

Series F in 2021
VideoAmp is a software and data company that aims to transform the advertising landscape by integrating television and digital video advertising. Its platform offers measurement and optimization tools that unify audiences across traditional TV, streaming video, and digital media. This functionality enables advertisers and media owners to connect media exposures to sales outcomes, facilitating transactions across various devices. By providing independent measurement as a multi-platform media currency, VideoAmp allows advertisers, agencies, and media sellers to collaborate more effectively, optimizing brand marketing investments and creating efficiencies within the advertising ecosystem.

Propel Software Solutions

Series C in 2021
Propel helps product companies grow revenue and increase business value. Our product value management platform connects commercial and product teams to optimize decision making, drive process efficiencies, and engage customers with compelling products and experiences. Propel has a proven track record of improving product quality, speeding time to revenue and profit, and improving customer satisfaction. Recognized as a Deloitte Technology Fast 500 winner, Propel is built on Salesforce and drives product success for hyper growth startups, corporate pioneers, and Fortune 500 leaders in the high tech, medtech and consumer goods industries. For more information, visit propelsoftware.com and follow us on LinkedIn.

Canopy

Series A in 2021
Canopy offers a cloud-based Practice Management solution for Accounting firms. This includes CRM, Client Portal, Document Management, eSignatures, Workflow, Time & Billing, Payments, Tax Resolution, and Transcripts and Notices.

Canopy

Series C in 2021
Canopy offers a cloud-based Practice Management solution for Accounting firms. This includes CRM, Client Portal, Document Management, eSignatures, Workflow, Time & Billing, Payments, Tax Resolution, and Transcripts and Notices.

Cordial

Series B in 2021
Cordial is a developer of a cross-channel messaging and data platform that empowers marketers to deliver personalized and emotionally intelligent messages to their customers. The platform enables businesses to collect, normalize, and activate real-time data from various sources within their technology stack, allowing for tailored communication that adapts to changing customer signals. By consolidating technology and eliminating data silos, Cordial helps over 200 brands, including 1-800 Contacts, La Quinta, and Revolve, create engaging brand experiences that enhance customer interactions and drive revenue. The platform facilitates real-time messaging based on customer behavior, enabling brands to connect meaningfully with consumers across all digital devices.

SOCi

Series D in 2021
SOCi, Inc. is a provider of a social media management platform designed to help enterprises, multi-location brands, and service providers effectively manage their social media presence. Founded in 2012 and based in San Diego, California, SOCi offers a Software-as-a-Service (SaaS) platform that equips social media managers with essential tools for account management, along with a Customer Success Portal for training and support. The company serves various sectors, including property management, agencies, brands, and franchises. Its SOCi Genius platform leverages generative AI and machine learning to deliver actionable insights and automate critical marketing workflows, enabling businesses to enhance their digital presence across local search and social media while safeguarding their online reputation. Through its comprehensive solutions, SOCi empowers clients to streamline their marketing efforts across multiple locations and digital channels.

GoSite

Series B in 2020
GoSite is a robust digital platform for the 12 million small businesses providing local services in the U.S. The platform helps these businesses make the transition from offline to online by giving them everything they need to connect with customers in the digital era. The all-in-one, cloud-based platform and mobile app transforms the way they run their business by making it easier for their customers to attract and transact with their business online.

GoSite

Series A in 2020
GoSite is a robust digital platform for the 12 million small businesses providing local services in the U.S. The platform helps these businesses make the transition from offline to online by giving them everything they need to connect with customers in the digital era. The all-in-one, cloud-based platform and mobile app transforms the way they run their business by making it easier for their customers to attract and transact with their business online.

SOCi

Series C in 2019
SOCi, Inc. is a provider of a social media management platform designed to help enterprises, multi-location brands, and service providers effectively manage their social media presence. Founded in 2012 and based in San Diego, California, SOCi offers a Software-as-a-Service (SaaS) platform that equips social media managers with essential tools for account management, along with a Customer Success Portal for training and support. The company serves various sectors, including property management, agencies, brands, and franchises. Its SOCi Genius platform leverages generative AI and machine learning to deliver actionable insights and automate critical marketing workflows, enabling businesses to enhance their digital presence across local search and social media while safeguarding their online reputation. Through its comprehensive solutions, SOCi empowers clients to streamline their marketing efforts across multiple locations and digital channels.

VideoAmp

Series C in 2019
VideoAmp is a software and data company that aims to transform the advertising landscape by integrating television and digital video advertising. Its platform offers measurement and optimization tools that unify audiences across traditional TV, streaming video, and digital media. This functionality enables advertisers and media owners to connect media exposures to sales outcomes, facilitating transactions across various devices. By providing independent measurement as a multi-platform media currency, VideoAmp allows advertisers, agencies, and media sellers to collaborate more effectively, optimizing brand marketing investments and creating efficiencies within the advertising ecosystem.

Medallia

Series B in 2019
Medallia is a technology company that specializes in customer and employee experience management. Founded in 2001 and headquartered in San Francisco, California, it offers a cloud-based software-as-a-service platform that captures and analyzes experience data from various signal fields generated by customers and employees. Utilizing artificial intelligence, Medallia's platform processes both structured and unstructured data from human, digital, and Internet of Things (IoT) interactions. This comprehensive analysis enables organizations to better understand the needs and preferences of their stakeholders, helping them reduce customer churn, transform detractors into advocates, and identify opportunities for cross-selling and upselling. Medallia's solutions aim to deliver significant returns on investment by enhancing overall engagement and satisfaction.

SOCi

Series B in 2018
SOCi, Inc. is a provider of a social media management platform designed to help enterprises, multi-location brands, and service providers effectively manage their social media presence. Founded in 2012 and based in San Diego, California, SOCi offers a Software-as-a-Service (SaaS) platform that equips social media managers with essential tools for account management, along with a Customer Success Portal for training and support. The company serves various sectors, including property management, agencies, brands, and franchises. Its SOCi Genius platform leverages generative AI and machine learning to deliver actionable insights and automate critical marketing workflows, enabling businesses to enhance their digital presence across local search and social media while safeguarding their online reputation. Through its comprehensive solutions, SOCi empowers clients to streamline their marketing efforts across multiple locations and digital channels.

Cordial

Series B in 2018
Cordial is a developer of a cross-channel messaging and data platform that empowers marketers to deliver personalized and emotionally intelligent messages to their customers. The platform enables businesses to collect, normalize, and activate real-time data from various sources within their technology stack, allowing for tailored communication that adapts to changing customer signals. By consolidating technology and eliminating data silos, Cordial helps over 200 brands, including 1-800 Contacts, La Quinta, and Revolve, create engaging brand experiences that enhance customer interactions and drive revenue. The platform facilitates real-time messaging based on customer behavior, enabling brands to connect meaningfully with consumers across all digital devices.

VideoAmp

Series B in 2017
VideoAmp is a software and data company that aims to transform the advertising landscape by integrating television and digital video advertising. Its platform offers measurement and optimization tools that unify audiences across traditional TV, streaming video, and digital media. This functionality enables advertisers and media owners to connect media exposures to sales outcomes, facilitating transactions across various devices. By providing independent measurement as a multi-platform media currency, VideoAmp allows advertisers, agencies, and media sellers to collaborate more effectively, optimizing brand marketing investments and creating efficiencies within the advertising ecosystem.
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