Press Release

Soma Capital Closes $412 Million Fund

January 12, 2022

San Francisco – January 12, 2022 – Cooley advised venture capital firm Soma Capital on the closing of Soma Capital Fund III at $412 million. Shane Goudey and Katelyn Kimber led the Cooley team advising Soma Capital.

Soma Capital will use Fund III to continue its stage- and sector-agnostic investing in unicorn and startup software companies around the world.

Founded in 2015, Soma Capital has invested seed money in hundreds of software companies valued at more than $60 billion combined, including 17 unicorns that have raised more than $15 billion after Soma’s seed investments. Soma invests early in software to automate the world, across any region and in any sector that can touch billions of people and push humanity forward.

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