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Soma & ADQ Deal Worksheet

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

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