Soma Capital

Soma Capital is a venture capital firm established in 2015 and headquartered in San Francisco, California. It focuses on investing in seed-stage startups primarily in the software sector, with a particular interest in areas such as B2B SaaS, artificial intelligence, fintech, clean-tech, frontier-tech, prop-tech, cryptocurrency, health tech, and consumer industries. Soma Capital aims to support founders by leveraging insights from its own founding experience. The firm has successfully invested in several high-profile startups, which collectively are valued at over $60 billion, including notable companies such as Cruise, Rappi, Ironclad, Human Interest, Razorpay, Rippling, and Lambda School. Soma Capital operates as a Registered Investment Adviser and targets opportunities across diverse regions, including Africa, the Middle East, South America, and Asia.

Juan Abundes

Venture Partner

Willem van den Bosch

Investment Partner

Douglas Carney

Investor

Mir Faiyaz

Partner and Head of Growth Investments

Fouad Farhat

Investment Partner

Juliet Fern

Investor

Nikhita Jaaswal

Investment Partner

Taryn Livingstone

Investor

Vishnu Srinivasan

Investor

Past deals in Online Portals

Pastel

Seed Round in 2022
Pastel supports African businesses by offering tools that help manage their businesses and maximize efficiency.

Rider

Seed Round in 2022
Developer of a logistics platform designed for online sellers in Pakistan. The company delivers e-commerce products from online stores and marketplaces to the customers' doorstep, also provides cash on delivery and cash now, and delivers later service, enabling vendors to receive payments early and deliver goods to their customers on time.

Nowports

Series C in 2022
Nowports is a digital freight forwarder that enhances the import and export process for businesses and individuals. The platform enables users to manage their shipments in real time, providing features such as instant quotes, product registration, and shipment booking from any port. By leveraging artificial intelligence, Nowports simplifies the logistics involved in freight transportation, ensuring a secure and transparent experience. Additionally, the platform offers real-time tracking of cargo, allowing users to monitor their shipments conveniently and affordably, effectively merging technology with supply chain management.

Daohq

Seed Round in 2022
Developer of an online platform designed to help facilitate the discovery, investment, and maintenance of DAOs globally. The company's platform specializes in fuelling the decentralized future by building the original decentralized autonomous organization marketplace, enabling users with a one-stop shop to manage organizations and companies on the blockchain.

PayMongo

Series B in 2022
PayMongo Inc. is a payment processing platform based in Manila, Philippines, that enables businesses to accept online payments quickly and efficiently. Founded in 2019, it supports various payment methods, including credit cards, bank deposits, electronic wallets, and cash. The platform features a user-friendly dashboard for real-time transaction access, analytics tools for understanding customer purchasing behavior, and an easy checkout process. PayMongo also offers shareable payment links that businesses can distribute through various communication channels, facilitating seamless transactions with customers. By providing these services, PayMongo aims to empower businesses in the Philippines to thrive in the evolving digital economy.

Better Opinions

Pre Seed Round in 2022
Better Opinions is a stock market of opinions platform that allows users to trade their opinion on an outcome of an event.

Paycaddy

Seed Round in 2022
Developer of an online banking platform designed to help financial entities and companies quickly deploy digital banking services and products. The company's platform offers various features such as electronic wallets and payments, automated ledgers and payments back office, enabling clients to explore new revenue streams and deploy new financial products without regulatory barriers.

PropReturns

Seed Round in 2021
PropReturns is India's first online property investment marketplace, specializing in hand-picked commercial and residential investment-grade properties. The platform offers a curated selection of pre-leased commercial and distressed residential properties for investors. Each listing is accompanied by detailed financial analyses generated through advanced algorithms, enabling users to make informed investment decisions. By focusing on transparency and data-driven insights, PropReturns aims to simplify the real estate investment process, catering to both seasoned investors and newcomers in the market.

PideDirecto

Seed Round in 2021
PideDirecto is a powerful digital ordering and delivery platform that enables any buisness to offer a branded on-demand delivery service to their own clients. We empower local buisness such as restaurants, pharmacies, local grocery stores, flower shops, clothing stores, cake shops and many more by building out their own branded website, integrating phone and social media orders and helping them deliver their products in less than 30 minutes. While also providing our partners key customer insights and marketing support. All for a reasonable fixed monthly fee, without eating up margins with hefty commissions and service charges.

BridgeLinx

Seed Round in 2021
BridgeLinx is a digital freight network and marketplace designed to enhance logistics services for businesses, particularly large manufacturers and retailers. By leveraging machine learning, the platform efficiently connects shippers with various carriers, including truckers, owner-operators, transporters, and private fleets. This connection provides both asset-like reliability and broker-like flexibility, allowing for streamlined shipping processes. Additionally, BridgeLinx offers comprehensive support that includes port operations, documentation, and settlement services, ensuring end-to-end coverage for freight movement. This approach simplifies the logistics chain, enabling carriers to operate more effectively while facilitating the transportation needs of businesses.

Portside

Venture Round in 2021
Portside, Inc. is a software company that specializes in providing a Software-as-a-Service (SaaS) platform focused on data reporting and analytics for the aviation sector. Established in 2017 and based in San Francisco, California, Portside's platform serves various stakeholders, including aircraft management companies, corporate flight departments, fractional and jet card operators, as well as charter operators. The software integrates seamlessly with existing systems, offering functionalities for scheduling, accounting, maintenance, and expense management. It features an aircraft owner's portal that includes digitized records and comprehensive insights, along with financial and tax reporting tools to streamline fleet management for both individual and corporate aircraft owners.

Cohere

Seed Round in 2021
Cohere is an online portal that offers solutions like real-time guidance, live streams, multiple interactions, and monitoring user issues.

Cohere

Seed Round in 2021
Cohere is an online portal that offers solutions like real-time guidance, live streams, multiple interactions, and monitoring user issues.

Flatfile

Series A in 2021
Flatfile Inc. offers a platform designed to streamline the data onboarding process for businesses by allowing developers to validate, map, and import data from various web applications. Founded in 2018 and based in Denver, Colorado, the company's key products include Portal, an import button that integrates seamlessly into software applications through a JavaScript snippet, and Concierge, which provides secure workspaces for collaboration on data ingestion challenges. Flatfile's platform supports multiple file formats, including CSV, XLS, and TSV, and features a JavaScript configurator that enables users to define target models for data validation. This automation helps organizations manage and structure imported data effectively, reducing the time spent on data cleaning and allowing teams to focus on utilizing their data for decision-making.

OP3N

Seed Round in 2021
Founded in 2021 as a subsidiary of EST Media Holdings, OP3N is a global Web3 superapp that integrates communication, connection, and commerce within a unified interface, facilitating on-chain interactions. The company aims to foster a more decentralized and democratized creator economy by consolidating essential tools for minting, sharing, and engaging with digital goods and tokens. OP3N's leadership team, which includes media executive Jaeson Ma and development executive Eric Tu, brings extensive experience from the entertainment, gaming, and technology sectors. The company is committed to creating community-driven entertainment experiences and has established partnerships for various projects, including collaborations with Tokyo fashion label AMBUSH, an intergalactic children's book by Grimes, and a musical film with Simon Fuller. OP3N is headquartered in Los Angeles and focuses on empowering artists to directly engage with their fans through token-gated access, all within a Web3 framework.

Queue

Seed Round in 2020
Queue enables creatives in the passion economy to start and scale their business online in the easiest way possible. We make it easy for you to manage clients, give feedback on any media files in real time, get paid faster, and build an online portfolio that gets you hired more. Used by thousands of video producers, esport coaches, and much more every day. Powering their business end-to-end.

Flatfile

Seed Round in 2020
Flatfile Inc. offers a platform designed to streamline the data onboarding process for businesses by allowing developers to validate, map, and import data from various web applications. Founded in 2018 and based in Denver, Colorado, the company's key products include Portal, an import button that integrates seamlessly into software applications through a JavaScript snippet, and Concierge, which provides secure workspaces for collaboration on data ingestion challenges. Flatfile's platform supports multiple file formats, including CSV, XLS, and TSV, and features a JavaScript configurator that enables users to define target models for data validation. This automation helps organizations manage and structure imported data effectively, reducing the time spent on data cleaning and allowing teams to focus on utilizing their data for decision-making.

Flatfile

Seed Round in 2020
Flatfile Inc. offers a platform designed to streamline the data onboarding process for businesses by allowing developers to validate, map, and import data from various web applications. Founded in 2018 and based in Denver, Colorado, the company's key products include Portal, an import button that integrates seamlessly into software applications through a JavaScript snippet, and Concierge, which provides secure workspaces for collaboration on data ingestion challenges. Flatfile's platform supports multiple file formats, including CSV, XLS, and TSV, and features a JavaScript configurator that enables users to define target models for data validation. This automation helps organizations manage and structure imported data effectively, reducing the time spent on data cleaning and allowing teams to focus on utilizing their data for decision-making.

Alloy

Venture Round in 2020
Alloy Online is a prominent digital media and marketing company based in New York, catering primarily to the 12-34 demographic. It operates as an e-commerce destination site and apparel cataloger for teens, combining a robust online shopping experience with a highly trafficked community platform that features interactive elements such as email, chat, and social networking. Additionally, Alloy's services include nontraditional media programs that effectively reach targeted consumer segments through various channels, including interactive and display advertising, direct mail, content production, and educational programming. By focusing on entertainment and lifestyle trends, Alloy Online provides its audience with inspiration and recommendations across a range of interests, including shows, movies, health, and fitness.

PayMongo

Seed Round in 2019
PayMongo Inc. is a payment processing platform based in Manila, Philippines, that enables businesses to accept online payments quickly and efficiently. Founded in 2019, it supports various payment methods, including credit cards, bank deposits, electronic wallets, and cash. The platform features a user-friendly dashboard for real-time transaction access, analytics tools for understanding customer purchasing behavior, and an easy checkout process. PayMongo also offers shareable payment links that businesses can distribute through various communication channels, facilitating seamless transactions with customers. By providing these services, PayMongo aims to empower businesses in the Philippines to thrive in the evolving digital economy.

Obie

Seed Round in 2019
Obie is a software platform developed by Creisoft, Inc. that connects commercial real estate brokers and investors, streamlining the transaction process within the industry. The platform offers a range of features, including the ability for brokers to create marketing materials, list properties on a public or private marketplace, and manage financial documents and analytics in real time. Investors benefit from access to property teasers and instant delivery of offering memorandums upon signing an electronic confidentiality agreement. Additionally, Obie includes tools for underwriting properties, supported by integrated financial modeling capabilities. The platform serves various asset classes, including office, industrial, retail, and multifamily properties. Founded in 2012 and based in Charlotte, North Carolina, Creisoft, Inc. utilizes advanced encryption and operates on certified secure servers to ensure data protection.

Pillar

Seed Round in 2019
Pillar is a company focused on the development of a sophisticated software platform for e-sports leagues, akin to the NCAA but tailored for the college e-sports environment. Based in San Francisco, it operates as an intelligent marketplace that facilitates competition among college e-sports teams. Additionally, Pillar offers a Shop tool that enables streamers to create no-code storefronts, which can be linked to their social media accounts like Twitch, Twitter, and Instagram. This tool serves as a centralized location for fans to access a variety of endorsed products from multiple brands, enhancing the engagement between streamers and their audiences while streamlining sponsorship opportunities.

Nowports

Seed Round in 2019
Nowports is a digital freight forwarder that enhances the import and export process for businesses and individuals. The platform enables users to manage their shipments in real time, providing features such as instant quotes, product registration, and shipment booking from any port. By leveraging artificial intelligence, Nowports simplifies the logistics involved in freight transportation, ensuring a secure and transparent experience. Additionally, the platform offers real-time tracking of cargo, allowing users to monitor their shipments conveniently and affordably, effectively merging technology with supply chain management.

SkydropX

Funding Round in 2018
Skydropx, Inc. is a logistics marketplace based in Mexico that connects businesses with independent local distributors and shipping providers for efficient product delivery. The company offers a platform that manages and regulates shipments, consolidating volume to provide discounted rates. Its technology integrates seamlessly with users' shopping carts through API, allowing for real-time tracking and management of shipments. By utilizing a network of independent drivers, Skydropx enables companies to send and receive parcels in a streamlined manner, enhancing the overall delivery process.

JetLenses

Seed Round in 2018
JetLenses is a U.S.-based company that operates an online platform for selling contact lenses. The company focuses on providing transparent pricing and offers lenses at lower costs compared to competitors across the internet. By automating various processes involved in the sale of contact lenses, JetLenses is able to reduce operational expenses and pass these savings on to its customers.

Open Listings

Seed Round in 2015
Open Listings Co. operates an online home buying platform that aims to simplify and reduce the cost of purchasing a home. Founded in 2014 and based in Los Angeles, California, the platform allows users to create personalized feeds of real estate listings, schedule on-demand house tours, and submit offers on any property. Open Listings serves customers in California, Washington, Texas, and Illinois, and strives to demystify the home buying process by leveraging technology to enhance the experience from browsing to closing. The company offers significant savings by enabling users to work without a traditional agent, providing them with access to real-time aggregated listings, market reports, and partner discounts. As of September 2018, Open Listings operates as a subsidiary of Opendoor Labs, Inc.

Razorpay

Seed Round in 2015
Razorpay Software Private Limited is an online payment gateway that facilitates businesses in accepting, processing, and disbursing payments through a comprehensive product suite. Founded in 2014 and headquartered in Bengaluru, India, Razorpay offers access to various payment methods, including credit and debit cards, net banking, UPI, and electronic wallets. In addition to its core payment processing services, Razorpay provides several innovative solutions, such as Razorpay Capital, which offers short-term, collateral-free loans for businesses; Razorpay Route, enabling the splitting and transferring of payments; Razorpay Thirdwatch, which identifies risky and fraudulent orders; PrePay CoD, sending payment links for cash-on-delivery transactions deemed risky; and Razorpay X, a solution for managing current accounts, optimizing payouts, and automating payroll compliance.
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