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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
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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
There are no rows in this table
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
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