Arena Holdings

Arena Holdings is a venture capital firm based in New York, established in 2016 by Feroz Dewan. The firm specializes in investing in companies that are engaged in technology-enabled innovation, focusing on sectors that leverage technological advancements to drive growth and efficiency. With a commitment to fostering innovation, Arena Holdings seeks to support and partner with businesses that have the potential to transform their industries through cutting-edge technological solutions.

Feroz Dewan

CEO

16 past transactions

Plenful

Series B in 2025
Plenful is a San Francisco-based company that specializes in healthcare and pharmacy operations through the use of AI-powered automation software. The platform is designed to streamline repetitive and manual workflows, enhancing efficiency and data accuracy in administrative tasks. By utilizing intelligent workflow automation and machine learning, Plenful aims to alleviate the burden on healthcare staff, ultimately leading to improved financial and operational outcomes while promoting more effective patient care. The company's innovative approach is supported by prominent investors in the healthcare and software sectors, reflecting its commitment to transforming the operational landscape of healthcare providers.

Osmo

Venture Round in 2023
Osmo is a company that combines artificial intelligence with olfactory science to create a platform that gives computers a sense of smell. Initially focused on the fragrance industry, Osmo develops aroma molecules for products such as perfumes, shampoos, lotions, and candles. In addition to enhancing consumer experiences, the technology has the potential to detect diseases earlier and track pandemics, ultimately aiming to improve overall health and well-being. By addressing these challenges, Osmo seeks to revolutionize how scent is integrated into everyday life and its implications for human health.

Celonis

Series D in 2022
Celonis is a company that specializes in execution management, focusing on optimizing and analyzing business processes across various industries, including production, human resources, and logistics. Its core product, the Celonis Execution Management System (EMS), utilizes advanced process mining technology to enhance productivity and streamline operations. The EMS provides a comprehensive suite of tools and applications, including Celonis Studio, designed for business executives and users to effectively manage execution across analytics, strategy, planning, and automation. By offering unique software solutions, Celonis enables organizations to improve process transparency and efficiency, ultimately unlocking their full execution capacity.

Summit Wealth Systems

Series A in 2022
Summit Wealth Systems is a cloud software company that enables wealth managers and their clients with abundance. It provides a cloud-based and mobile software platform for wealth managers to manage and improve their client relationships. By developing each firm's own private tech stack, the company uses cloud-native technologies to enable advisors to design their own personalized, modern, mobile, and desktop applications. Summit combines personalized wealth modeling, financial planning, and advisor-client collaboration tools with portfolio management and performance reporting capabilities to provide advisors and their clients with a more humanized wealth experience.

CityMall

Series C in 2022
CityMall is a community commerce platform aimed at serving the 300 million new internet users in small cities, towns, and villages across India. It focuses on categories such as groceries, fresh and packaged FMCG, electronics, and fashion. Historically, e-commerce has primarily benefited residents of large metropolitan areas, largely due to barriers like trust issues, unfamiliarity with online transactions, and low average order values. CityMall addresses these challenges by leveraging "Community Leaders," who act as local connectors to facilitate customer acquisition, localized marketing, and last-mile logistics. This community-driven approach makes the model well-suited for smaller urban areas. Founded by alumni from IIT Delhi and IIT Roorkee, CityMall aspires to create a network of micro-entrepreneurs, empowering them to establish a prominent e-commerce platform in India. The company is supported by several notable venture capital firms.

Spinny

Series E in 2021
Spinny is a technology-driven platform focused on the buying and selling of used cars, founded in 2015 and headquartered in Gurgaon, Haryana, India. The company aims to simplify the used car market by providing a trustworthy and hassle-free transaction experience. Spinny operates on a full-stack business model, ensuring value and transparency for its customers. Its platform features a selection of handpicked pre-owned vehicles, complete with detailed information, test drive options, and a five-day money-back guarantee. This approach allows car owners to list their vehicles while enabling potential buyers to navigate the purchasing process with ease and confidence.

Caddi

Series B in 2021
Caddi, Inc. is a technology company based in Tokyo, Japan, that specializes in providing solutions for the manufacturing sector. It operates an online ordering platform that facilitates the management of custom-made processed products and connects orders with processing plants. By utilizing a proprietary costing algorithm, the platform automatically identifies the most suitable factory for production, thereby helping businesses to reduce procurement costs and optimize quality, cost, and delivery (QCD). Additionally, Caddi offers an AI-driven data platform that enhances procurement intelligence and supply chain management, enabling companies to improve operational efficiency and expand their capacity.

Virsec

Series C in 2021
Virsec is a cybersecurity company that specializes in protecting applications from cyber threats through its innovative data security software. The company's technology focuses on self-protecting server workloads, ensuring continuous defense against both known and unknown attacks, including zero-day vulnerabilities. By securing software from within at runtime, Virsec maps acceptable application behavior and detects anomalies caused by malicious code in real-time. This approach enables organizations to establish effective detection mechanisms against complex and previously challenging cyber threats. With its solutions tested against top-tier security teams and trusted by numerous Fortune 100 companies, Virsec demonstrates the viability of a protection-first cybersecurity model. The company is headquartered in San Jose, California, with a global presence.

SmartHR

Series D in 2021
SmartHR, Inc. is a Tokyo-based company that specializes in cloud-based human resources management software. Founded in 2013, SmartHR offers a platform designed to automate social insurance and employment insurance procedures. This software allows users to complete online forms and generate digital versions of essential documents such as pension and employment insurance applications, which can be submitted to relevant authorities with ease. By providing a comprehensive suite of solutions focused on employee management, administration, talent management, and productivity, SmartHR caters to a wide range of businesses, from large enterprises to small and medium-sized enterprises (SMEs).

Celonis

Series D in 2021
Celonis is a company that specializes in execution management, focusing on optimizing and analyzing business processes across various industries, including production, human resources, and logistics. Its core product, the Celonis Execution Management System (EMS), utilizes advanced process mining technology to enhance productivity and streamline operations. The EMS provides a comprehensive suite of tools and applications, including Celonis Studio, designed for business executives and users to effectively manage execution across analytics, strategy, planning, and automation. By offering unique software solutions, Celonis enables organizations to improve process transparency and efficiency, ultimately unlocking their full execution capacity.

sevDesk

Series B in 2021
sevDesk is a developer of innovative accounting software tailored for small businesses and freelancers. The platform utilizes artificial intelligence to automate various accounting tasks, significantly reducing manual effort and streamlining the overall process. By enabling users to manage documents through a single application, sevDesk supports both single and double bookkeeping, facilitates invoicing and banking, and offers features such as cashbook management and automated profit and loss calculations. This comprehensive approach allows clients to gain real-time insights into their financial status, simplifying their accounting needs while eliminating the necessity for a tax consultant.

Spinny

Series C in 2021
Spinny is a technology-driven platform focused on the buying and selling of used cars, founded in 2015 and headquartered in Gurgaon, Haryana, India. The company aims to simplify the used car market by providing a trustworthy and hassle-free transaction experience. Spinny operates on a full-stack business model, ensuring value and transparency for its customers. Its platform features a selection of handpicked pre-owned vehicles, complete with detailed information, test drive options, and a five-day money-back guarantee. This approach allows car owners to list their vehicles while enabling potential buyers to navigate the purchasing process with ease and confidence.

ServiceTitan

Series F in 2021
ServiceTitan, Inc. offers a cloud-based business management software specifically designed for the home and commercial service industries. Founded in 2007 and headquartered in Glendale, California, with additional offices in Atlanta and Armenia, the company provides a comprehensive solution that includes tools for dispatching, scheduling, invoicing, customer relationship management, marketing automation, and custom reporting. Its software serves a diverse range of sectors, including HVAC, plumbing, electrical, and other home service businesses, helping them streamline operations, enhance customer service, and foster growth. By integrating various systems and providing end-to-end capabilities, ServiceTitan enables businesses to modernize their operations and improve efficiency in an industry that has historically been underserved by technology.

Weee!

Series D in 2021
Weee!, Inc. is an online grocery delivery platform based in Fremont, California, founded in 2015. The company specializes in providing a wide range of grocery items, focusing on products that cater to Asian and Hispanic communities, including fruits, vegetables, seafood, snacks, beauty products, and daily necessities. Weee! serves customers across several major regions, including the San Francisco Bay Area, Sacramento, Seattle, Portland, Los Angeles, San Diego, New York City, and New Jersey. The platform emphasizes sourcing authentic gourmet delicacies from Asia, working closely with local farms and trusted brands to curate fresh and affordable products for its users. Through its services, Weee! aims to facilitate a farm-to-door experience, making it a primary source for essential ingredients and meals for its diverse customer base.

Mambu

Series D in 2021
Mambu is a leading provider of a cloud-based core banking platform that specializes in composable banking solutions. Founded over a decade ago, the company has pioneered the concept of composable banking, allowing financial institutions to combine independent systems and connectors to create customized banking solutions that adapt to evolving customer demands. With a presence in 60 countries, Mambu serves over 200 clients, including banks, lenders, fintech companies, and retailers, enabling them to develop and deploy modern digital financial products efficiently and securely. The platform supports the creation, launch, and servicing of various loan and deposit products, providing a flexible architecture that empowers financial institutions, including microfinance organizations, to effectively address market opportunities and deliver essential banking services.

Celonis

Series C in 2019
Celonis is a company that specializes in execution management, focusing on optimizing and analyzing business processes across various industries, including production, human resources, and logistics. Its core product, the Celonis Execution Management System (EMS), utilizes advanced process mining technology to enhance productivity and streamline operations. The EMS provides a comprehensive suite of tools and applications, including Celonis Studio, designed for business executives and users to effectively manage execution across analytics, strategy, planning, and automation. By offering unique software solutions, Celonis enables organizations to improve process transparency and efficiency, ultimately unlocking their full execution capacity.
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