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Soma & ADQ Deal Worksheet

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Fast Moving Deals below: write notes in far right column. We must fill the full allocation we requested, before we can guarantee access, so need to gather amount offers asap - let us know as soon as possible, and we’ll keep you posted on if we get it guaranteed and closing timeline
Soma Portfolio Hot List: writes notes on companies you’re interested in, and ideally a few lines on how you can help them so we can facilitate warm intro’s
1. Fast Moving Deals
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Company
Deal Details
Company Description
Min Check
Timing Notes
Decks
ADQ Notes Here
Target Allocation
1
QuickNode
Soma leaning into secondary opportunity ahead of future round. They have received several acquisition offers north of $500m valuation.

Secondary at ~$580m valuation cap
Targeting $10-15m
Infrastructure (AWS for blockchain) company serving a massive growing opportunity; estimated $60b market for blockchain infrastructure by 2025; growing at 70% CAGR
$11.2m in ARR ending Nov, up 20x YTD
Expecting $40m ARR by 2Q22; just booked 3 massive customers (confidential)
We have a shot to get some secondaries (~$12m) ahead of their Series B; the secondary is at ~$600m (driven by a few acquisition offers they’ve had + doubling topline since the Tiger round + a few massive customers closed)
$1,000,000.00
Commitments ASAP
$10,000,000.00
2
Jeeves
Soma has tracked Jeeves since day 1, and have been blown away by what they have built in such a short period of time
Targeting up to $40m in Series C round, led by Tencent (also did NuBank)
Massive TAM (+$5t) with strong secular tailwinds
Rocketship GTV growth which continues to accelerate: +$80m in Dec 2021 vs. forecasted ~$60m, and more-than-doubling since October 2021
$0 to $15m ARR in a year vs. $12m forecasted for EOY 2021
2022 targeting +135m ARR, going from 1,500 customers to close +15,000 customers on waitlist
Top 1 % founders we’ve seen (we invested / tracking from seed) - Stanford MBA, Product @ Paypal, ex-consultant
Tencent leading, existing investors like a16z doubling down, and new folks joining include GIC, SVB, Alkeon, Goldman, Larry Page office Clocktower Ventures confirmed
$1,000,000.00
Commitments ASAP
$40,000,000.00
3
Soma co-lead a tender process in Sept 2021
We were 3x oversubscribed
Given overwhelming LP interest, Soma is targeting another $15-20m block
Approximately $5.25b (Series F price)
Series F in July 2021
T. Rowe Price (led Doordash Series G as well)
Softbank (Series E), DST Global (Series D), Delivery Hero (Series C), Sequoia (Series B) and a16z (Series A)
Monashees, Floodgate, Redpoint, YC and Soma Capital
$750m 2021E, $1.4b 2022E
7.0x EV/2021 Revenue
We anticipate 18-24 months to IPO
$1,000,000.00
Commitments by EOM January
$15,000,000.00
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2. Soma Portfolio Hot List
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Data Room Links
Description
Sector
Region
Round
ADQ Notes Here
1
(1b) people management platform for driving engagement and managing performance
2
(1b) digitizing contracting
3
(1b) automating retirement plans
4
(1b) smart docs for teams
5
(1b) automating payroll for remote teams
6
(1b) software for employee onboarding
7
(400m) automated hiring platform for hourly workers
8
(100m) software to power reseller, marketing, and referral partner programs
9
(Series B) Instawork is the fastest growing career marketplace for hospitality professionals
10
(Series A) automate employee onboarding
11
(Series A) helps US contract workers automatically find tax write-offs in bank statements by monitoring their purchases for tax-deductible expenses
12
(Series A) automating reference checking
13
(Series A) is creating the Bloomberg for esports
14
(Series A) fleet management software
15
(Series A) easy to use robotic process automation (RPA)
16
(Series A) conversational commerce platform that helps businesses build relationships with customers on the devices and networks they use most often
17
(Series A) instant insights on people in zoom
18
(Series A / LatAm) branded network of corner stores in LatAm by converting family-owned mom and pop shops to competitive corner stores
19
(Series A) get blog posts, social posts, email copy & more from world class writers - whenever you need it
20
(Series A / India) marketplace for finding work for blue collar workers in India
21
(Series A) reverse logistics - builds and manages B2B marketplaces for excess inventory and customer returns
22
benefits cards for startups
23
(3b / India) stripe for india
24
(4b) corporate credit cards with spend management
25
(1b / Africa) stripe for africa
26
(Series B / SEA) helps small and micro businesses manage their transactions
27
(Series B) platform renting cars to Latin Americans in the mobility and ride hailing market
28
(Series A) financial wellness planning
29
(Series A) modern clearing & custody. Built from the ground up
30
(Series A / SEA) stripe for Southeast Asia
31
(Series A / SEA) Robinhood for Southeast Asia
32
(Series A / LatAm) LatAm-focused corporate credit card and spend management
33
(Series A / LatAm) plaid for LatAm
34
(Series A / LatAm) digital ledger app for LatAm microbusinesses
35
(Series A / LatAm) credit card for small businesses in LatAm
36
(Series A / India) banking for teens
37
(Series A) credit card for influencers
38
(Series A) Destiny provides investors access to the private tech industry through a family of publicly listed, liquid ETFs
39
(Seed) banking for gamers
40
(Seed) enables anyone to offer banking through a banking-as-a-service API
41
(Seed) Tint provides modular no-code tools required to embed insurance into company’s products and services
42
(Seed) consumer fractional real-estate investing platform
43
(Seed / SEA) credit cards for small businesses in SEA and India
44
(Seed) cross border payments in LatAm
45
(Seed / LatAm) Swap creates digital accounts and provides connection to banks and card networks
46
(Seed / LatAm) Facio is a platform for salary acceleration and payroll loans for employees at SMEs in Brazil
47
(Seed / LatAm) Working capital-as-a-service to merchants in LatAm
48
(Seed / LatAm) digital auto lender with real-time approval designed for individuals to get a flexible and personalized leasing plan
49
(Seed / India) India's first neobank for Non Resident Indians
50
(400m) online software engineering education platform operating through income sharing agreements
51
(Series B) leadership development through integrated coaching
52
(Series A) micro schools for K-8 in local neighborhoods
53
(Series A) Lambda School for emerging markets
54
(Seed) text message learning platform. Create remote-friendly training in minutes
55
(Seed) Lambda School for marketing jobs
56
(Seed) Siro is a sales coaching platform that lets field sales managers coach every field rep, every day
57
(Series B) the data layer that powers your machine learning lifecycle
58
(Series B) building the elegant import button for your web app
59
(Series A) Beautiful, personalized, interactive developer hubs.
60
(Series A) version control for settings pages across any SaaS product
61
(Series A) New Relic for mobile
62
(Series A) helps companies get SOC 2 and ISO 27001 compliant fast
63
(Series A) automates complex enterprise processes with no code
64
(Series A) Universal secrets manager
65
(Series A) Privacy and security workflows
66
(Series A) makes Google Chrome faster & use 10x less memory
67
(Seed) customer onboarding, success and support platform for websites
68
(1b) low cost telecom satellites
69
(5b) fully autonomous freight delivery
70
(1b) green plan based hydrogen peroxide
71
(Series B) robots to automate dangerous powerplant inspections
72
(Series B) next-generation computing through new ferroelectric material
73
(Series B / LatAm) Solar city for LatAm
74
(Series B) yeast fermentation to create palm oil
75
(Series A) is building a Memristive Nanofiber Neural Network technology
76
(Series B) wireless charging
77
(Series A) city sewage inspections
78
(Series A) biosensors for timely detection of breast cancer
79
(Series A) 3D printing
80
(Series A) diagnostic tools for liquids in heavy industry
81
(Seed) manufactures all-electric, passenger-carrying, hybrid sea planes to service coastal routes
82
(Seed) platform that designs and operates satellites that capture imagery at a higher resolution
83
(Seed) pico-satellite company building small commercial, solar powered satellite platforms
84
(Seed) retrofitting cooling towers to capture CO2 and re-selling it for 2x cheaper
85
(Seed) Lightest electric aircraft motors in the world
86
(Seed) Gridware continuously monitors for possible changes that could affect the quality of the grid’s performance or ignite wildfires
87
(Seed) The fastest way to diagnose root cause network issues
88
(Seed) Living Carbon is a climate tech startup using genetically engineered trees to combat climate change
89
(Seed) stealth electric aircraft startup
90
(electric vertical take-off and landing) flight
91
(Seed) Driverless electric vehicles at a fraction of the cost of a car
92
(Seed) API and Gateway to connect and control 3rd party IOT devices
93
(1b) platform selling misshapen produce.
94
(Series A) vegan dairy products
95
(Series A) personalized supplements
96
(Series A) automated prediction engine for perishable goods designed to help grocery stores to optimize orders
97
(Series A) d2c wellness brand company providing a balanced mix of electrolytes, minerals, and vitamins
98
(Series A / LatAm) marketplace connecting consumers to producers in Latin America
99
(Seed) Rutter is a universal API for reading and writing data across different ecommerce platforms
100
(Series A) robotic kitchens
101
(Series A) personalized vitamins
102
(Seed) making coffee for caffeine sensitive people. We do this by producing the world's first caffeine replacement, paraxanthine
103
(Seed / SEA) Southeast Asia platform connecting farmers to restaurants
104
(Seed) d2c Asian inspired flavors beverage company
105
(5b / LatAm) everything store of LatAm
106
(Series C) on demand vehicle refueling
107
(Series B) smart mattresses to heat/cool for optimal sleep and metrics tracking
108
(Series B) building the future of fan engagement experiences for live sports
109
(Series A) bet on everything platform
110
(Series A) create and share your best gaming moments
111
(Series A) organic female products starting w/ tampons
112
(Series A) affordable, high quality shapewear.
113
(Series A) unlimited 24/7 access to licensed vets & a $3,000/year pet emergency fund
114
(Series A / LatAm) podcasting platform for LatAm
115
(Series A / LatAm) chewy of LatAm
116
(Series A) personalized skincare
117
(Series A) d2c laundry detergents
118
(Series B) d2c subscription for fragrances and skincare
119
(Seed) first global platform to consign and rent South Asian clothing online
120
(Seed) starting with the politics category, Civil is an app where anyone can livestream their own interactive talk show
121
(1b) digital pharmacy
122
(Series B) platform to help employees choose and use their different benefits
123
(Series A) API toolkit that verifies healthcare credentials
124
(Series A) Security compliance, data management, and analytics for healthcare
125
(Series A) Machine learning software to identify possible signs of alzheimers 15 years ahead of physical symptoms
126
(Series A) Machine learning for drug discovery
127
(Series A) Improves drug development and deployment by utilizing genomic data from patients to determine how they will respond to a drug before they get treated
128
(Series A) software automating FDA approval and compliance
129
(Seed) stem cells to regenerate any tissues, starting w/ hair treating hair loss
130
(Seed) founded by an MIT biotech scientist seeking to blur the boundary between the natural and synthetic computation
131
(Series A) smart sanitary pad for women to proactively track their health
132
(Series A) clinician job finding platform
133
(Series A / India) digital pharmacy for India
134
(Seed) machine learning for medical billing
135
(Seed) heart health remote care monitoring and management
136
(Seed) re-innovating the way blood pressure is monitored
137
(Seed) nurse staffing platform
138
(Seed) supercharged AI for microscopy images
139
(Seed) practice management software built for developmental, relationship-based practitioners
140
(Seed) helps clinics increase throughput by sending timely information to patients’ phones
141
(Seed) AI to predict disease earlier and more accurately than physicians can
142
(Seed) API that allows healthcare providers to provide and track healthcare sent professionals to the patient’s home
143
(Seed) “buy now, pay later” model to help patients pay for healthcare
144
(Seed) Loop Health is building India’s first health insurance with unlimited primary care
145
(Series A) creating the first tech-enabled network of commercial HVAC, plumbing, electrical businesses to capture a $13bn TAM
146
(Series A) Platform that lets landlords and tenants rent apartments instantly
147
(Series A) Platform that lets landlords and tenants rent apartments instantly
148
(Series A) combine premium design, materials, and construction for an all-in-one, renovation experience
149
(Series A) purchase equity in their home instead of paying rent or a down payment on a mortgage
150
(Series A) custom order beautiful new homes on-demand at an incredible value that are delivered to you in 6 months
151
(Series A) Tech enabled commercial real estate platform.
152
(Series A) 1build uses machine intelligence to convert building blueprints into material shopping lists and cost estimates
153
(Series A / LatAm) Opendoor of LatAm
154
(Series A / LatAm) all-in-one real estate marketplace that helps landlords find tenants, collect rent, and manage their properties in LatAm
155
(Seed / India) home furniture rental software
156
(Seed) re-imagining neighborhoods
157
(Seed) Easiest way to buy and sell furniture
158
(Seed) real estate management platform that leverages data to lower costs and provide a better experience to owners and tenants
159
(Series A) secured property management with cash flow certainty
160
(Seed) dashboard for commercial construction project managers to manage project financials and workflows
161
(Seed) next generation mortgage platform that transforms servicing, origination, and fundamentally how people manage their most important asset
162
(Seed) creates custom home improvement plans, finds quality contractors, and offers flexible payment options
163
(Seed) leading online platform aiming to provide optimal financing solutions to any investment property or commercial real estate
164
(Seed) Affirm for general contractors
165
(300m) last mile freight logistics platform
166
(Series B) cross border logistics
167
(Series B / LatAm) provides fastest shipping online in LatAm
168
(Series B) last mile delivery in LatAm
169
(Series B / LatAm) flexport of LatAm
170
(Series B) B2B procurement and logistics marketplace for Africa
171
(Series A) fleet management software
172
(Series A) end-to-end fulfillment solution for ecommerce companies
173
(Series A) convoy of LatAm
174
(Seed) Add a command bar to any web app
175
(Seed) No code solution that maximizes work efficiency by connecting web apps and creating automated workflows through a visual interface
176
(Seed) Collaborative SQL editor for a team that writes queries, visualizes data and shares results
177
(Series A) Taxes, onboarding and payments for remote teams in LatAm
178
(Series A) QuikNode makes it simple to power blockchain applications and scale them up. QuikNode provides elastic APIs & dedicated nodes, powerful tools & analytics through a simple control panel
179
(Seed) Explo is a data exploration and analysis tool that does not require SQL.
180
(Seed) Marketplace connecting consumers to producers in Latin America.
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