Sovereign's E&S

Sovereign's Capital, founded in 2012 and based in California, is a venture capital firm that specializes in growth-stage investments. The firm primarily targets sectors such as consumer software as a service (SaaS), business-to-business technology, healthcare information technology, and medical devices. These industries are seen as poised for growth due to the expanding middle class and the limited representation of such companies in public markets, particularly in Southeast Asia. Sovereign's Capital leverages the deep expertise of its principals and advisers to identify and invest in promising opportunities within these focus areas. Additionally, the firm manages Sovereign's E&S, a buyout fund located in Atlanta, Georgia, further enhancing its investment portfolio.

Thomas Francis Darden

Advisor

Henry Kaestner

Co-Founder and Partner

Luke Roush

Co-Founder and Managing Partner

Kevin Sutantyo

Partner

Jake Thomsen

Partner

David Tjokrorahardjo

Partner

Past deals in Southeastern US

Relay

Series A in 2023
Relay is a company that specializes in communication solutions designed for businesses with mobile teams. Their offerings include devices equipped with cellular push-to-talk functionality, GPS tracking, and panic button features, which facilitate seamless communication in various environments. Additionally, Relay provides transmission equipment, wireless charging pads, and other accessories that integrate with a cloud-based platform. This platform enhances voice technology and includes tools for GPS tracking, enabling businesses to improve operational efficiency while ensuring the security of critical information. Overall, Relay's products aim to enhance connectivity and support the unique needs of teams on the go.

Hydra Host

Seed Round in 2022
Hydra Host is a tool that provides cross-cloud capabilities to deploy and host apps across public cloud and private cloud providers. In addition to cross-cloud capabilities, Hydra offers high-level advisory, as well as expert implementation work with bespoke service engagements catered to client priorities. Whether security, resilience, or scale-focused.

GoCheck

Venture Round in 2021
GoCheck, also known as Gobiquity, Inc., specializes in mobile health applications aimed at the early detection and prevention of health disorders, particularly eye diseases. Its flagship product, GoCheck Kids, is a smartphone application designed to screen for amblyopia risk factors in children, adhering to the guidelines set by the American Association for Pediatric Ophthalmology and Strabismus. The application enables pediatric teams to conduct visual acuity assessments and photo screenings, significantly enhancing early detection efforts. GoCheck Kids is utilized by over 6,500 pediatric teams across the United States and Europe, addressing the urgent need to prevent vision impairment, a leading disabling condition in children. By leveraging the manufacturing scale of smartphones, GoCheck has made early vision screening more affordable, reducing costs by over 60%. The company, founded in 2010 and based in Aliso Viejo, California, is FDA-registered and CE certified, reflecting its commitment to quality and safety in pediatric health care.

TADA

Series B in 2021
Tada, Inc. operates a customer retention platform designed to enhance engagement between brands and their customers. Through its mobile application, Tada facilitates memberships, subscriptions, offers, rewards, and referrals, enabling businesses to improve customer loyalty and drive profitability. Founded in 2012, Tada is headquartered in Raleigh, North Carolina, with additional offices in Singapore, Makati in the Philippines, Jakarta in Indonesia, and Kuala Lumpur in Malaysia. The platform aims to provide businesses with tailored solutions that increase customer retention and profitability, allowing brands to maximize their revenue potential.

Fringe

Seed Round in 2021
Fringe is a personalized employee benefits technology company.

ArenaCX

Seed Round in 2020
ArenaCX, Inc. designs, develops, and offers SaaS platform for on-demand customer service. Its software plugs directly into a business' existing customer service software suite, using machine learning to categorize, prioritize, and assign customer support tickets. The company offers its services to early stage companies, enterprises business, and contact centers. ArenaCX, Inc. was incorporated in 2020 and is based in Raleigh, North Carolina.

410 Medical

Series A in 2019
410 Medical is a healthcare company based in Durham, North Carolina, founded in 2013. It specializes in developing a rapid infuser device designed to assist critically ill patients who require volume resuscitation. This innovative solution enables healthcare providers to quickly deliver fluids, including blood and other essential components, thereby enhancing the speed and efficiency of care for patients facing life-threatening conditions like sepsis and shock. The device allows for fast setup and minimizes provider fatigue, enabling a single healthcare provider to manage multiple patient care issues simultaneously. It is particularly beneficial in pre-hospital settings and emergency departments, where timely intervention is crucial and resources may be constrained.

TADA

Series B in 2018
Tada, Inc. operates a customer retention platform designed to enhance engagement between brands and their customers. Through its mobile application, Tada facilitates memberships, subscriptions, offers, rewards, and referrals, enabling businesses to improve customer loyalty and drive profitability. Founded in 2012, Tada is headquartered in Raleigh, North Carolina, with additional offices in Singapore, Makati in the Philippines, Jakarta in Indonesia, and Kuala Lumpur in Malaysia. The platform aims to provide businesses with tailored solutions that increase customer retention and profitability, allowing brands to maximize their revenue potential.

First

Series A in 2018
First is a software company that uses artificial and predictive intelligence on when and why people move to predict sales and marketing. It brings predictive marketing to real estate. Fundamentally changing how service providers find their next customer. They discover when and why people will buy or sell a house, so they can connect realtors with new clients at the perfect time. Thus, the company predicts who will sell by tracking 700+ signals across 214 million people nationwide.

RevBoss

Venture Round in 2017
RevBoss, Inc. is a provider of on-demand sales development software and services tailored for B2B and SaaS companies. Founded in 2012 and based in Durham, North Carolina, RevBoss offers a comprehensive sales engine that automates the prospecting process. Its platform includes features for sourcing and cleaning data, deploying and testing sales campaigns, and offering analytics and reporting. The software enables clients to access targeted prospect segments, streamline sales workflows, and deliver personalized content, ultimately helping companies to enhance their sales pipelines and increase customer acquisition through effective outbound sales development.

CareSync

Series B in 2017
CareSync is the leading provider of software and services for chronic disease management, combining technology with 24/7 nursing services to facilitate care coordination among patients, family and caregivers and all providers. CareSync provides turnkey Chronic Care Management services and a software-only option, allowing practices of any size to easily meet the billing requirements for CPT code 99490. Additionally, CareSync’s certified technology makes it simple for providers to meet Meaningful Use 2 for Data Exchange, Messaging, and Timely Access. CareSync patients are at the center of their healthcare, with access to health information, actionable goals, and Comprehensive Care Plan tasks, and as a result, are experiencing more productive medical appointments and better health outcomes.

CloudFactory

Series B in 2017
CloudFactory Limited provides a cloud-based workforce solution that focuses on automating business processes involving large volumes of data entry, collection, and processing. Founded in 2010 and headquartered in Durham, North Carolina, with an additional office in Reading, United Kingdom, the company offers services such as machine learning, document transcription, and data enrichment under the WorkStream brand. The work is organized into microtasks that are executed by a global, on-demand workforce, allowing for efficient task completion along virtual assembly lines. As a social enterprise, CloudFactory aims to connect one million individuals in developing countries to basic computer work, empowering them to become leaders in their communities and combat poverty. The company first introduced its beta version at TechCrunch Disrupt in San Francisco in September 2011.

NeuroTronik

Series B in 2017
NeuroTronik, spun out of medical technology incubator Synecor, is developing a medical device that could take the place of drugs currently used to heart failure. Read more about the company's technology,

410 Medical

Series A in 2017
410 Medical is a healthcare company based in Durham, North Carolina, founded in 2013. It specializes in developing a rapid infuser device designed to assist critically ill patients who require volume resuscitation. This innovative solution enables healthcare providers to quickly deliver fluids, including blood and other essential components, thereby enhancing the speed and efficiency of care for patients facing life-threatening conditions like sepsis and shock. The device allows for fast setup and minimizes provider fatigue, enabling a single healthcare provider to manage multiple patient care issues simultaneously. It is particularly beneficial in pre-hospital settings and emergency departments, where timely intervention is crucial and resources may be constrained.

Concert Genetics

Venture Round in 2016
Concert Genetics helps physicians order genetic tests by providing them with the information they need to find the right test for their patients quickly and efficiently. Today, physicians can utilize genetic tests to diagnose over 2,000 diseases. A proper diagnosis leads to more effective treatment and improved clinical outcomes. However, most physicians are not trained in genetics and have little understanding of how to utilize these tests. Concert Genetics is filling this gap with the creation of a one-stop, web-based marketplace that physicians can utilize as resources for all their genetic testing needs. Through this tool, we will improve the efficiency and effectiveness of the market between physicians and genetic reference labs.

RevBoss

Seed Round in 2015
RevBoss, Inc. is a provider of on-demand sales development software and services tailored for B2B and SaaS companies. Founded in 2012 and based in Durham, North Carolina, RevBoss offers a comprehensive sales engine that automates the prospecting process. Its platform includes features for sourcing and cleaning data, deploying and testing sales campaigns, and offering analytics and reporting. The software enables clients to access targeted prospect segments, streamline sales workflows, and deliver personalized content, ultimately helping companies to enhance their sales pipelines and increase customer acquisition through effective outbound sales development.

EmployUs

Seed Round in 2015
EmployUs Inc. develops a mobile-first hiring application that provides users with cash rewards for connecting companies with successful job applicants. Its application enables users to view and refer a candidate for job and earn when their referrals are hired. The company was founded in 2014 and is based in Cary, North Carolina.

First

Seed Round in 2015
First is a software company that uses artificial and predictive intelligence on when and why people move to predict sales and marketing. It brings predictive marketing to real estate. Fundamentally changing how service providers find their next customer. They discover when and why people will buy or sell a house, so they can connect realtors with new clients at the perfect time. Thus, the company predicts who will sell by tracking 700+ signals across 214 million people nationwide.

Trustify

Seed Round in 2015
Trustify, Inc. operates an on-demand technology platform that helps to connect and hire private investigators in the United States. The company offers real-time observation and digital monitoring services. It also provides services in the areas of background checks, social and digital media analysis, and real-time observations for staffing; finding witnesses, serving papers, locating assets, and collecting evidence for law; and workman's compensation, scene investigation, liability, witness identification, property and casualty, recorded statements, surveillance, subrogation potential, fact of loss, and SIU support services for insurance businesses. The company was incorporated in 2015 and is based in Arlington, Virginia.

TADA

Series A in 2015
Tada, Inc. operates a customer retention platform designed to enhance engagement between brands and their customers. Through its mobile application, Tada facilitates memberships, subscriptions, offers, rewards, and referrals, enabling businesses to improve customer loyalty and drive profitability. Founded in 2012, Tada is headquartered in Raleigh, North Carolina, with additional offices in Singapore, Makati in the Philippines, Jakarta in Indonesia, and Kuala Lumpur in Malaysia. The platform aims to provide businesses with tailored solutions that increase customer retention and profitability, allowing brands to maximize their revenue potential.

410 Medical

Seed Round in 2014
410 Medical is a healthcare company based in Durham, North Carolina, founded in 2013. It specializes in developing a rapid infuser device designed to assist critically ill patients who require volume resuscitation. This innovative solution enables healthcare providers to quickly deliver fluids, including blood and other essential components, thereby enhancing the speed and efficiency of care for patients facing life-threatening conditions like sepsis and shock. The device allows for fast setup and minimizes provider fatigue, enabling a single healthcare provider to manage multiple patient care issues simultaneously. It is particularly beneficial in pre-hospital settings and emergency departments, where timely intervention is crucial and resources may be constrained.

CloudFactory

Series A in 2014
CloudFactory Limited provides a cloud-based workforce solution that focuses on automating business processes involving large volumes of data entry, collection, and processing. Founded in 2010 and headquartered in Durham, North Carolina, with an additional office in Reading, United Kingdom, the company offers services such as machine learning, document transcription, and data enrichment under the WorkStream brand. The work is organized into microtasks that are executed by a global, on-demand workforce, allowing for efficient task completion along virtual assembly lines. As a social enterprise, CloudFactory aims to connect one million individuals in developing countries to basic computer work, empowering them to become leaders in their communities and combat poverty. The company first introduced its beta version at TechCrunch Disrupt in San Francisco in September 2011.

Anutra Medical

Series A in 2014
Anutra Medical is a medical device company based in Morrisville, North Carolina, that specializes in the development of local anesthetic delivery systems for dental practices worldwide. The company offers innovative products, including a dispenser for precise doses of buffered anesthetic, a disposable syringe that allows for multiple doses, and a cassette designed to simplify the buffering process. Anutra's systems aim to enhance the patient experience by reducing the burning sensation often associated with injections, facilitating a smoother and more efficient delivery. This approach not only saves time for dental professionals but also improves overall patient care, enabling dentists to operate with greater efficiency and predictability. Additionally, Anutra provides training services to support clinicians in utilizing their products effectively.