Venture capital firm

Soma Capital portfolio

Soma Capital is a venture capital firm based in San Francisco, United States, founded in 2015. It has invested in 206 venture-backed companies across 227 funding rounds on VCMC, and led 6 of those rounds. 12 of them were in the last 12 months.

Venture capital firm San Francisco United States

206

Venture-backed companies

in its portfolio on VCMC

227

Funding rounds

led 6

Last 12 months

rounds, Oct 2025 to Sep 2026

With a disclosed valuation

of 206 companies

$159.3B

Combined value of its private companies

the whole companies, not what Soma Capital owns

203 private companies Soma Capital has backed have a VCMC valuation; together they are worth $159.3B. That is the value of the whole companies, not what Soma Capital owns. Ramp is 38% of the total. 3 companies it backed have since been acquired and are not included. How VCMC values companies.

Values cover private companies only; public companies are not included.

Portfolio

Soma Capital's most valuable portfolio companies

The 10 most valuable private companies Soma Capital has backed, by VCMC's valuation. Values cover private companies only; public companies are not included.

1 Ramp Tech Companies, New York $60.1B range $52.2B – $75.9B Joined at Growth, 2020
2 Cognition Tech Companies, San Francisco $28.1B range $22.6B – $36.2B Joined at Growth, 2026
3 Deel Software Development Services, San Francisco $18.4B range $15.0B – $21.2B Joined at Seed, 2019
4 Alan Insurance - Agents, Carriers & Brokers, Paris $6.9B range $5.5B – $9.6B Joined at Series A, 2018
5 Abridge Tech Companies, Philadelphia $6.2B range $4.6B – $8.2B Joined at Series E, 2026
6 Spring Health Psychologists & Counseling Services, New York $4.9B range $2.5B – $5.7B Joined at Seed, 2018
7 Flutterwave Payment Processing & Point of Sale, San Francisco $3.3B range $2.8B – $4.2B Joined at Seed, 2016
8 Astranis Aerospace and Defence, San Francisco $3.2B range $2.4B – $4.3B Joined at Series C, 2021
9 Starcloud Tech Companies, Redmond $2.3B range $2.0B – $2.9B Joined at Seed, 2025
10 Banks & ATMs, San Francisco $1.7B range $1.2B – $2.2B Joined at Seed, 2023

Portfolio

Full Soma Capital portfolio (206 companies)

206 companies. Load more shows the rest.

Soma Capital portfolio
#		Last round		Range					Trend	Grade
1	Ramp Tech Companies · since Growth, 2020	Growth Equity Oct 2026 $1.85B	$60.1B	$52.2B – $75.9B	$66.0B (+10%)	$5.9B	0%	6,282	growing	A
2	Astranis Aerospace and Defence · since Series C, 2021	Series E May 2026 $300M	$3.2B	$2.4B – $4.3B	$3.7B (+16%)	$410M	0%	563	up	A
3	Alan Insurance - Agents, Carriers & Brokers · since Series A, 2018	Series G Jun 2026 $550M	$6.9B	$5.5B – $9.6B	$8.3B (+20%)	$997M	0%	1,609	up	A
4	Cognition Tech Companies · since Growth, 2026	Growth Equity May 2026 $1.00B	$28.1B	$22.6B – $36.2B	$31.5B (+12%)	$2.8B	0%	592	growing	A
5	Deel Software Development Services · since Seed, 2019	Series E Oct 2025 $300M	$18.4B	$15.0B – $21.2B	$15.1B (-18%)	$2.6B	81%	9,646	flat	A
6	Abridge Tech Companies · since Series E, 2026	Series E Apr 2026 $316M	$6.2B	$4.6B – $8.2B	$7.1B (+14%)	$780M	0%	677	growing	A
7	Flutterwave Payment Processing & Point of Sale · since Seed, 2016	Series E Jun 2026	$3.3B	$2.8B – $4.2B	$3.4B (+3%)	$458M	53%	875	down	A
8	Spring Health Psychologists & Counseling Services · since Seed, 2018	Series E Jul 2024 $100M	$4.9B	$2.5B – $5.7B	$4.9B (-1%)	$541M	0%	3,898	up	B
9	Kapital Bank Banks & ATMs · since Seed, 2022	Series C Sep 2026 $125M	$1.3B	$914M – $2.4B	$1.7B (+26%)	$226M	0%	3,647	growing	B
10	Starcloud Tech Companies · since Seed, 2025	Growth Equity Aug 2026 $250M	$2.3B	$2.0B – $2.9B	$2.5B (+8%)	$228M	0%	21	up	A
11	Tech Companies · since Seed, 2022	Growth Equity Mar 2026 $95M	$731M	$498M – $1.1B	$778M (+6%)	$70.0M	0%	137	growing	B
12	Tech Companies · since Growth, 2022	Series A Aug 2022 $20M	$126M	$10.8M – $482M	$114M (-10%)	$28.0M	59%	237	flat	D
13	Tech Companies · since Seed, 2021	Series B Nov 2025 $55M	$589M	$286M – $865M	$609M (+4%)	$67.0M	0%	221	growing	B
14	Tech Companies · since Seed, 2020	Series C Mar 2022 $55M	$151M	$30.3M – $898M	$144M (-4%)	$54.8M	84%	150	down	D
15	Tech Companies · since Seed, 2020	Series B Sep 2022 $50M	$47.8M	$26.6M – $125M	$33.0M (-31%)	$42.7M	97%	31	shrinking	C
16	Tech Companies · since Seed, 2020	Series B Feb 2022 $56M	$285M	$28.1M – $639M	$261M (-8%)	$64.5M	25%	129	flat	D
17	Tech Companies · since Seed, 2023	Series B Nov 2025 $40M	$436M	$211M – $636M	$448M (+3%)	$49.3M	0%	104	growing	B
18	Office Supplies · since Series C, 2022	Series C Feb 2022 $50M	$335M	$24.1M – $667M	$315M (-6%)	$63.1M	5%	200	flat	D
19	Tech Companies · since Series B, 2021	Series B Oct 2021 $39M	$89.6M	$12.2M – $315M	$86.4M (-4%)	$28.7M	59%	44	flat	D
20	Tech Companies · since Series B, 2025	Series B Jun 2025 $55M	$612M	$261M – $932M	$612M (0%)	$67.3M	0%	163	up	C
21	Tech Companies · since Seed, 2020	Series B Jul 2023 $27M	$127M	$34.3M – $379M	$103M (-19%)	$31.9M	62%	141	flat	D
22	Tech Companies · since Seed, 2024	Series A Apr 2025 $25M	$110M	$68.9M – $202M	$66.2M (-40%)	$34.1M	97%	314	shrinking	B
23	Insurance - Agents, Carriers & Brokers · since Seed, 2019	Acquisition Jan 2026	$305M acquired 2026	$98.4M – $432M	–	–	0%	159	up	C
24	Tech Companies · since Seed, 2025	Series A Jul 2025 $32M	$550M	$225M – $633M	$550M (0%)	$77.1M	0%	24	flat	B
25	Tech Companies · since Seed, 2021	Series A Mar 2022 $29M	$70.7M	$7.38M – $213M	$64.9M (-8%)	$26.5M	37%	128	flat	D
26	Loans & Financing · since Seed, 2021	Growth Equity Sep 2023 $30M	$135M	$31.1M – $208M	$127M (-6%)	$13.3M	0%	39	up	C
27	Tech Companies · since Seed, 2023	Series A May 2025 $15M	$145M	$54.1M – $206M	$145M (0%)	$20.3M	0%	32	up	C
28	Tech Companies · since Seed, 2023	Other Nov 2024 $20M	$32.1M	$4.85M – $63.5M	$27.0M (-16%)	$8.84M	28%	77	flat	D
29	Tech Companies · since Seed, 2022	Series A Sep 2024 $17M	$177M	$35.9M – $251M	$175M (-1%)	$24.8M	0%	180	flat	C
30	Tech Companies · since Seed, 2025	Series A Oct 2026 $15M	$84.8M	$59.5M – $216M	$152M (+79%)	$21.3M	0%	47	growing	C
31	Payment Processing & Point of Sale · since Series A, 2025	Series A Oct 2025 $20M	$175M	$64.4M – $266M	$175M (0%)	$29.8M	0%	147	growing	C
32	Tech Companies · since Series A, 2023	Series A Aug 2023 $15M	$75.6M	$18.2M – $211M	$58.7M (-22%)	$25.1M	56%	52	flat	D
33	Tech Companies · since Seed, 2023	Series A Dec 2024 $13M	$127M	$29.6M – $181M	$127M (0%)	$17.8M	0%	31	flat	C
34	Tech Companies · since Series A, 2025	Series A Jun 2025 $15M	$74.8M	$42.3M – $135M	$51.8M (-31%)	$20.0M	97%	69	down	B
35	Software Development Services · since Pre-seed, 2023	Seed Jan 2026 $11M	$125M	$51.8M – $209M	$147M (+17%)	$26.5M	0%	23	growing	C
36	Tech Companies · since Series A, 2022	Series A Jul 2022 $15M	$97.1M	$10.4M – $225M	$90.3M (-7%)	$22.9M	17%	73	up	D
37	Tech Companies · since Seed, 2025	Seed May 2026 $1.8M	$13.9M	$7.88M – $25.4M	$15.4M (+11%)	$4.32M	52%	23	flat	B
38	Software Development Services · since Pre-seed, 2021	Seed May 2022 $9.0M	$73.5M	$18.2M – $134M	$73.5M (0%)	$16.9M	0%	29	growing	C
39	Tech Companies · since Series A, 2024	Series A Jul 2024 $11M	$114M	$22.4M – $191M	$103M (-10%)	$18.2M	13%	74	flat	D
40	Loans & Financing · since Pre-seed, 2022	Pre-Seed Sep 2022 $12M	$204M	$15.5M – $337M	$204M (0%)	$39.9M	0%	175	up	D
41	Tech Companies · since Seed, 2023	Seed Aug 2023 $8.0M	$39.3M	$6.14M – $93.7M	$35.6M (-9%)	$14.3M	30%	6	unknown	D
42	Tech Companies · since Seed, 2026	Seed Apr 2026 $7.3M	$147M	$34.9M – $329M	$178M (+21%)	$19.1M	0%	566	growing	D
43	Tech Companies · since Series A, 2024	Series A Jun 2024 $9.5M	$36.1M	$13.7M – $83.7M	$27.3M (-24%)	$11.8M	97%	54	shrinking	C
44	Aerospace and Defence · since Pre-seed, 2021	Seed Sep 2025 $2.5M	$24.0M	$10.2M – $37.7M	$21.2M (-12%)	$5.89M	58%	33	flat	C
45	Tech Companies · since Seed, 2023	Other Apr 2026 $4.0M	$16.1M	$3.96M – $55.3M	$12.3M (-24%)	$11.0M	70%	15	down	D
46	Industrial Machinery & Supplies · since Seed, 2022	Grant Feb 2026 $1.8M	$12.7M	$1.78M – $49.6M	$11.1M (-12%)	$8.80M	54%	25	flat	D
47	Tech Companies · since Seed, 2022	Seed Oct 2022 $7.6M	$22.2M	$5.48M – $145M	$18.5M (-17%)	$18.5M	97%	39	down	D
48	Tech Companies · since Seed, 2024	Acquisition Oct 2026	$82.0M acquired 2026	$28.3M – $137M	–	–	19%	16	growing	C
49	Tech Companies · since Seed, 2025	Seed Jan 2025 $6.9M	$114M	$31.3M – $198M	$99.3M (-13%)	$26.6M	28%	26	flat	C
50	Tech Companies · since Seed, 2024	Seed Nov 2024 $5.5M	$18.4M	$9.73M – $46.9M	$11.2M (-39%)	$9.51M	97%	13	down	C

Valuation: VCMC's valuation with its range, from a low to a high scenario; a company with no valuation shows a dash, one acquired after its last round its last value as a private company.

Activity

How Soma Capital invests: stages, industries and countries

Most of its rounds are seed (69%). Its companies span 50 industries, most in Tech Companies, Payment Processing & Point of Sale and Software Development Services, across 27 countries.

Rounds by stage

Pre-seed 13
Seed 157
Series A 37
Series B 8
Series C and later 12

Investments by industry

Tech Companies 103
Payment Processing & Point of Sale 16
Software Development Services 11
Financial Services 6
Aerospace and Defence 5
Loans & Financing 4
Biotechnology 3
Cryptocurrency 3

Investments by country

United States 138
India 12
Colombia 6
United Kingdom 6
Canada 5
Mexico 4

Recent rounds

Soma Capital's latest investments

Soma Capital's most recent funding rounds, newest first. 12 rounds in the last 12 months.

Series A $15M 21 Oct 2026
Ramp Growth $1.85B 15 Oct 2026
Seed $4.0M 1 Sep 2026
Cognition Growth $1.00B 27 May 2026
Seed $8.4M 30 Apr 2026
Seed $7.3M 23 Apr 2026
Seed, led $3.0M 21 Apr 2026
Abridge Series E $316M 1 Apr 2026
Series B $50M 10 Mar 2026
Series A $28M 10 Feb 2026

Co-investors

Soma Capital's top co-investors

The investors that most often join the same rounds as Soma Capital. Y Combinator leads, with 122 rounds together.

Y Combinator 122 rounds together
34 rounds together
20 rounds together
General Catalyst 16 rounds together
13 rounds together
11 rounds together
11 rounds together
Sequoia Capital 10 rounds together
Goodwater Capital 10 rounds together
8 rounds together

About

About Soma Capital

Soma Capital Management LLC is an American venture capital firm engaged in early-stage investments in technology startups. The company focuses on supporting software and technology companies, providing seed funding and early-stage support to entrepreneurs. In addition to its core investment activities, Soma Capital is involved in real estate development, including the ownership of the Sacramento Kings NBA team and the development of commercial properties such as hotels, condominiums, restaurants, and shopping malls.

Description from Veridion's company data.

Founded: 2015
Based in: San Francisco, United States
Team: 68 people, -31% in a year
Type: Venture capital firm

Focus markets

Technology

What Soma Capital offers

Venture Capital Investment Services
Early-Stage Startup Funding
Technology Startup Investment
Seed Funding Services
Portfolio Company Management and Value Creation
Startup Mentorship and Network Access Services
Real Estate Development and Investment
Asset Management Services

Questions

Soma Capital: frequently asked questions

How many companies has Soma Capital invested in?

206 venture-backed companies on VCMC, across 227 funding rounds.

What are Soma Capital's most valuable private companies?

Ramp ($60.1B), Cognition ($28.1B), Deel ($18.4B), by VCMC's valuation.

What was Soma Capital's latest investment?

Firstwork, a Series A round in Oct 2026 of $15M.

Which stages does Soma Capital invest in?

Soma Capital invests most often at seed (157 rounds), followed by Series A (37) and pre-seed (13). It has also joined 12 Series C and later and 8 Series B rounds.

What is Soma Capital's portfolio worth?

Its private companies with a VCMC valuation are worth $159.3B together. That is the sum of the companies' values, not what Soma Capital owns.

Who does Soma Capital invest alongside?

Y Combinator (122 rounds), Liquid 2 (34 rounds), Global Founders Capital (20 rounds).