Soma Capital

Soma Capital is a venture capital fund established in 2015 and based in San Francisco, California. It specializes in seed investments in software startups and is known for being built by founders for founders. The fund has a notable portfolio that includes successful companies such as Cruise, Rappi, Ironclad, Human Interest, Razorpay, Rippling, and Lambda School, among others. Collectively, the startups in which Soma Capital has invested are valued at over $60 billion, including 17 unicorns.

Juan Abundes

Venture Partner

Marwa Albaadani

Investor

Willem van den Bosch

Investor

Douglas Carney

Investor

Kishan Dahya

Investor

Julian Fainzaig

Investor

Mir Faiyaz

Investor

Fouad Farhat

Investor

Fouad Farhat

Investor

Juliet Fern

Investor

Chris Fortunato

Investor

Nikhita Jaaswal

Investor

Taryn Livingstone

Investor

Aneel Ranadive

Managing Partner

Warrick Shanly

Investor

Aagam Vakil

Investor

Past deals in Banks

Slash

Series A in 2023
Slash offers deposits, payments, virtual cards, and expense tracking. They provide account and routing numbers, direct deposit, statements, and support services. They respond to customer inquiries by email.

Grey

Seed Round in 2022
Grey is simplifying sending and receiving foreign payments for freelancers, remote workers, and businesses. Founded in 2020 by Idorenyin Obong and Femi Aghedo, Grey is the easiest way to send and receive international payments in Nigeria, Kenya, and Tanzania without restrictions. Our users can open a free foreign bank account, receive payments from 80+ countries, and convert to their local currency to spend or hold. Our mission is to make it easier for digital nomads to live and work in the modern world. With a Money Service Business license from FINTRAC in Canada & FinCEN in the USA, Grey has made it possible for people to send money across borders quickly.

Finnt

Seed Round in 2022
Finnt is a developer of banking apps designed to make financial management seamless and carefree. They provide preferred rates for funds insured and help enable multi-accounts, debit cards, and expense reports, enabling families to achieve their wealth creation targets.

Pebble

Seed Round in 2022
Developer of financial software designed to plan personal finance. The company's platform converts clients' cash into USDC, a digital stablecoin backed by traditional reserves of cash and treasuries, and holds cryptocurrencies, enabling users to get options that involve much less risk to deposit their fiat currency into their accounts.

SaveIN

Seed Round in 2022
SaveIN, as the name suggests, is a financial services platform made exclusively for Indians, with an aim to revolutionize their experience across banking and daily financial transactions. We aim to offer, the full suite of traditional banking products and experiences, but in a never seen before avatar, thereby making it fun, simple, secure, and unbelievably rewarding experience. All this and more at just the click of a button, in a 100% digital and paperless, mobile first ecosystem.

Kapital

Seed Round in 2022
Kapital SmartBank provides Mexican small and medium businesses and their employees with next generation mobile banking and financial services in smart banking. Its line of products include online loans directly through its website and money ready in client's account in seconds, online payroll systems to send paychecks to employees with one click, and accounts receivables accounting displayed in an easy-to-use and 100% secure web and mobile dashboard, so that its clients can see and have control of all their finances in one single place. Its loans, payroll cards for employees, and corporate expenses cards have the support of Visa® and Mastercard® international technology.

Mono

Seed Round in 2022
Mono is a digital bank designed specifically for startups and small to medium-sized businesses in Latin America, beginning its operations in Colombia. The company aims to empower these businesses by addressing key challenges they face in managing finances. Mono's platform enables users to open a digital checking account quickly, make online payments using a debit card, and integrate seamlessly with various software-as-a-service applications. This approach allows businesses to efficiently manage their expenses and streamline their financial operations, ultimately facilitating growth and enhancing financial control.

Float

Seed Round in 2022
Swipe allows small businesses to access finance by providing them with credit using its business credit card to help cover payroll and expenses.

Wibond

Seed Round in 2022
Wibond is a digital payment platform that operates under a "buy now pay later" model, allowing users to make flexible payments in installments without the need for a card. Founded in Argentina in 2020 by Ezequiel Bucai and Alejandro Silvestre, the company aims to enhance financial accessibility for a diverse community by providing tailored payment options. Wibond enables businesses to reach new customer segments and boost sales by offering innovative payment solutions. The platform connects users to a wide array of stores and businesses, facilitating installment payments. With a vision to promote trade in the complex Latin American market, Wibond is planning to expand its operations to Chile and Mexico. Prior to Wibond, the founders developed a platform that connected users to over 2,500 gyms and sports centers across Argentina, Mexico, and Chile, which was later acquired by Classpass.

Stack Finance

Seed Round in 2021
Stack is a smart mobile finance platform for the millennial and gen-z generation, designed to help people lead healthier financial lives and automate their savings, spending and investments along with their friends and family. We’re not a standard start-up, our founding team is comprised of serial entrepreneurs who have done it before and want to do it bigger and better. At the heart of this transformation, our team is building the technology, design, user experience, workflows, and methodologies that will be used to profoundly change the way we all manage our financial lives.

TeamApt

Series B in 2021
TeamApt is a financial technology company focused on, developing Digital Banking, Digital Business solutions, and running Payments Infrastructure by rethinking the needs of consumers, businesses, and the financial industry. Beginning operations in 2015, TeamApt was borne from a desire to create financial happiness, building solutions and tools for businesses and individuals to happily manage money. TeamApt is proudly Nigerian but globally focused, with an eclectic mix of backend, frontend, reliability, quality assurance, distributed data storage engineers to ensure critical solutions and products for our customers are built right, securely, scalably and reliably. Our end goal is to see our customers happy which can only happen when they succeed using our solutions to run their daily lives and businesses.

Clara

Pre Seed Round in 2021
We started Clara to help individuals and families finance their lives in a more efficient, transparent, and empowered way. We started with one of life’s most important financial decisions -- a home. We are building technology to reduce the time and cost it takes to originate a mortgage and creating a more personalized, clear experience for our customers.

SWAP

Seed Round in 2020
SWAP empowers companies to transform their financial operation with an innovative approach, technology, and business model. SWAP’s APIs offer clients end-to-end, white-label, financial solutions. Connected to them, its clients are able to develop complete financial ecosystems including pre-paid cards, digital wallets, financial services and further monetize their platform while expanding their core experience. It removes barriers and generates new business lines for companies, effectively creating internal fintech.

Benepass

Seed Round in 2020
Benepass, Inc. is a fintech platform that offers a benefits card specifically designed for startups and small to medium-sized businesses. Incorporated in 2019 and based in New York, the company provides a solution that facilitates the distribution of tax-advantaged employee benefits and wellness perks through a smart debit card and mobile app. This platform enables businesses to implement wellness policies that reflect their corporate values, manage company stipends for various allowances, and gain insights into employee spending preferences. Additionally, it integrates seamlessly with payroll and accounting software to ensure tax compliance, making it a comprehensive tool for enhancing employee benefits. The founders of Benepass include Jaclyn Chen, Kabir Soorya, and Mark Fischer.

LendUp

Series A in 2013
LendUp Loans, LLC is an online lending service based in Oakland, California, founded in 2011. The company focuses on providing financial solutions for individuals who struggle with access to mainstream banking due to poor credit or unstable incomes. LendUp offers a variety of credit products, including single-payment loans, installment loans, and credit cards, while also integrating educational resources into their offerings. This approach aims to empower borrowers by equipping them with the knowledge and tools needed to improve their financial health and break free from cycles of debt. The company's technology and products are developed in-house, reflecting its commitment to creating accessible financial solutions for underserved populations.