Soma Capital

Soma Capital is a venture capital firm established in 2015 and based in San Francisco, California. The firm specializes in seed investments, primarily in the software sector, and was founded by individuals with entrepreneurial backgrounds. Soma Capital has backed numerous startups that collectively hold a valuation exceeding $60 billion, including notable companies such as Cruise, Rappi, Ironclad, Human Interest, Razorpay, Rippling, and Lambda School. The firm has a focus on supporting early-stage companies and has been involved with multiple unicorns, contributing to the growth of innovative businesses in the technology landscape.

Willem van den Bosch

Investor

Fouad Farhat

Investor

Aneel Ranadive

Managing Partner and Founder

Past deals in Accounting

Acctual

Seed Round in 2023
Acctual is a developer of an automation platform specifically designed for accounts payable and receivable management, catering primarily to crypto companies. The platform simplifies the processing of bills in both crypto and fiat currencies by integrating seamlessly with existing accounting systems. It utilizes contextual journal entries to extract crucial information from invoices, thereby automating payments directly from digital wallets. This functionality allows businesses to establish efficient financial operations and maintain a standardized procedure for handling their financial transactions.

Puzzle Financial

Series A in 2023
Puzzle Financial is a modern data platform for startups

Truewind

Seed Round in 2023
Truewind is an AI-powered accounting and finance software provider that offers an innovative platform designed to enhance bookkeeping and financial management for startups. The company delivers a comprehensive financial back office experience through its artificial intelligence technology and concierge service. Truewind's platform enables businesses to establish reliable bookkeeping practices and develop detailed financial models, ensuring efficient operations and sound financial planning.

Peakflo

Seed Round in 2022
Peakflo is a software-as-a-service (SaaS) company that specializes in collections and payables for businesses in Southeast Asia. Its platform enables finance teams, ranging from early-stage startups to established unicorns, to optimize their financial operations through a straightforward API and seamless accounting software integration. Users benefit from significant time savings, reportedly reclaiming up to 100 hours monthly on finance tasks. The platform also enhances cash flow by accelerating invoice payments by 10 to 20 days and streamlining the vendor payment process, which can cut associated fees by 50 to 90 percent. By focusing on the payment needs of small and medium-sized enterprises, Peakflo helps businesses reduce bad debts and maintain healthier cash flow.

Contalink

Seed Round in 2022
ContaLink is a SaaS-based accounting automation platform designed to assist accountants in Mexico by streamlining their workflows and enhancing their online service offerings. The platform provides comprehensive financial information and tools tailored for accounting, finance, and administrative tasks, ensuring compliance with taxation requirements. By reducing operational costs and eliminating the need for costly licenses, ContaLink enables accountants to improve efficiency and explore new revenue opportunities. Its focus on automation allows professionals to allocate more time to serving their clients effectively while managing their financial responsibilities.

Acctual

Pre Seed Round in 2022
Acctual is a developer of an automation platform specifically designed for accounts payable and receivable management, catering primarily to crypto companies. The platform simplifies the processing of bills in both crypto and fiat currencies by integrating seamlessly with existing accounting systems. It utilizes contextual journal entries to extract crucial information from invoices, thereby automating payments directly from digital wallets. This functionality allows businesses to establish efficient financial operations and maintain a standardized procedure for handling their financial transactions.

Konta

Seed Round in 2022
Konta offers an online accounting service for micro and small businesses in México. Their company vision is to make running a small company easy. They are helping freelancers and small entrepreneurs by implementing a cost-effective, automated online accounting service. José Menéndez and Pablo Icaza founded the company in September 2019, with its headquarters in Monterrey, México.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.