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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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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
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(1b) people management platform for driving engagement and managing performance
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(1b) digitizing contracting
3
(1b) automating retirement plans
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(1b) smart docs for teams
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(1b) automating payroll for remote teams
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(1b) software for employee onboarding
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(400m) automated hiring platform for hourly workers
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(100m) software to power reseller, marketing, and referral partner programs
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(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
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(Series A) reverse logistics - builds and manages B2B marketplaces for excess inventory and customer returns
22
benefits cards for startups
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(3b / India) stripe for india
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(4b) corporate credit cards with spend management
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(1b / Africa) stripe for africa
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(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
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(Series A) modern clearing & custody. Built from the ground up
30
(Series A / SEA) stripe for Southeast Asia
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(Series A / SEA) Robinhood for Southeast Asia
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(Series A / LatAm) LatAm-focused corporate credit card and spend management
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(Series A / LatAm) plaid for LatAm
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(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
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(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
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(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
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(Seed / LatAm) Working capital-as-a-service to merchants in LatAm
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(Seed / LatAm) digital auto lender with real-time approval designed for individuals to get a flexible and personalized leasing plan
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(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
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(Series A) micro schools for K-8 in local neighborhoods
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(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
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(Series B) building the elegant import button for your web app
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(Series A) Beautiful, personalized, interactive developer hubs.
60
(Series A) version control for settings pages across any SaaS product
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(Series A) New Relic for mobile
62
(Series A) helps companies get SOC 2 and ISO 27001 compliant fast
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(Series A) automates complex enterprise processes with no code
64
(Series A) Universal secrets manager
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(Series A) Privacy and security workflows
66
(Series A) makes Google Chrome faster & use 10x less memory
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(Seed) customer onboarding, success and support platform for websites
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(1b) low cost telecom satellites
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(5b) fully autonomous freight delivery
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(1b) green plan based hydrogen peroxide
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(Series B) robots to automate dangerous powerplant inspections
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(Series B) next-generation computing through new ferroelectric material
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(Series B / LatAm) Solar city for LatAm
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(Series B) yeast fermentation to create palm oil
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(Series A) is building a Memristive Nanofiber Neural Network technology
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(Series B) wireless charging
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(Series A) city sewage inspections
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(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
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(Seed) Gridware continuously monitors for possible changes that could affect the quality of the grid’s performance or ignite wildfires
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(Seed) The fastest way to diagnose root cause network issues
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(Seed) Living Carbon is a climate tech startup using genetically engineered trees to combat climate change
89
(Seed) stealth electric aircraft startup
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(electric vertical take-off and landing) flight
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(Seed) Driverless electric vehicles at a fraction of the cost of a car
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(Seed) API and Gateway to connect and control 3rd party IOT devices
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(1b) platform selling misshapen produce.
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(Series A) vegan dairy products
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(Series A) personalized supplements
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(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
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(Seed) Rutter is a universal API for reading and writing data across different ecommerce platforms
100
(Series A) robotic kitchens
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(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
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(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
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(Series A / LatAm) chewy of LatAm
116
(Series A) personalized skincare
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(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