Soma Capital Fellowship Secures $1M Investment to Fuel Next-Gen Software Innovation

We're excited to announce that the Soma Capital Fellowship has raised $1,000,000—a milestone that underscores our commitment to empowering founders and fueling the next generation of software innovation. Founded by founders for founders, Soma Capital has been a driving force in early-stage investments, seeding over 20 unicorns now valued at a combined ~$100 billion. Our impressive portfolio includes trailblazing companies like Deel, Rippling, Ramp, Cruise, Rappi, Ironclad, Human Interest, Razorpay, and Lambda School, among others. This achievement not only highlights our proven track record as the first check investor in many of today's leading tech companies, but it also reinforces our dedication to backing visionary entrepreneurs who are poised to redefine the digital landscape. The new funding will be strategically deployed to further enhance our fellowship program, providing emerging founders with the mentorship, capital, and industry access necessary to launch their groundbreaking ideas. Our partners and advisors bring unparalleled expertise and global connections, built on decades of experience in creating billion-dollar software enterprises. A notable example is Vivek Ranadive, the founder of Tibco, whose enterprise solutions now serve 80% of Fortune 500 companies and have generated over a billion dollars in annual revenue. Vivek’s early investing and mentoring roles with tech giants like Google, Yahoo, Salesforce, eBay, and Apple are a testament to the caliber and network that Soma Capital delivers to its portfolio companies. Beyond technology, our partners have also played transformative roles in other sectors, such as owning the Sacramento Kings NBA team and developing a dynamic 200-acre urban project in downtown Sacramento. With this new infusion of capital, the Soma Capital Fellowship is set to further catalyze innovation, drive economic growth, and create lasting impact within the startup ecosystem.