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Aneel Ranadive

Managing Partner at Soma Capital

Miami Beach, Florida

Overview 

Aneel Ranadive is the Managing Partner at Soma Capital and an owner of the Sacramento Kings. He has successfully seeded over 20 unicorns at Soma Capital, including companies like Deel, Rippling, and Cruise. Ranadive's career highlights include founding and leading successful startups like Tag and Pinchit, as well as making strategic investments in various companies at different stages of growth.

Work Experience 

  • Managing Partner

    2015 - Current

    Soma Capital is an SF based early stage venture fund. We invest in software to automate the world across any sector or geography. Since founding in 2015, we've invested seed (often very first check) in startups worth over $100 billion combined including +20 unicorns like Deel, Ramp, Rippling, Lattice, Cruise, Ironclad, Alto Pharmacy, Human Interest, Astranis, Rappi, Razorpay, Flutterwave, Solugen, among others. Aneel Ranadive has been building and investing in startups for +20 yrs and father Vivek Ranadive built Tibco software which "digitized Wall Street" in the 90's and scaled to power many Fortune 500 companies ($4.3 billion exit to Vista). The Ranadive's also own the Sacramento Kings NBA team, and are building 200 acres of land in downtown Sacramento.

Soma Capital is venture capital fund that focuses on investing in software to automate the world across all sectors and geographies.

  • CEO and Cofounder

    2013 - 2015

    Tag is the best way to stay in touch with close friends. Send a “Tag” with your location to a few friends to let them know what you’re up to. You can attach a picture, message, or both. In one click, they can Tag you back to respond with their own location and can also include a picture and message.

Tag is your digital passport. (Acquired 2015)

Raised $1,155,000.00 from Tim Draper, Mark Cuban, Andy Appelbaum, Eduardo Saverin, Soma Capital and Tom Arrix.

  • CEO and Cofounder

    2010 - 2013

    Pinchit is an online scrapbook for your city to share and discover new experiences. The company is backed by great angel investors including Facebook Cofounder Eduardo Saverin and Tim Draper.

  • Product Manager

    2009 - 2010

    Led product at Nielsen mobile creating mobile applications for TV shows including Grey's Anatomy and My Generation

Nielsen provides a comprehensive understanding of what consumers watch and buy.

Raised $650,000,000.00.

  • Analyst

    2009 - 2009

Storm Ventures is a venture capital firm focused solely on early-stage enterprise investments.

  • Director of Business Development

    2008 - 2009

    Video analytics startup helping advertisers and publishers make decisions on how to optimize and better monetize their video content and ad assets Scaled customer base to companies including Time Warner and Facebook Aquired by Nielsen

  • CEO and Cofounder

    2007 - 2008

    Anonymous social network backed by Redpoint Ventures. BoredAt's mission was to compile the collective consciousness of the world and provide communities like schools, companies and interest groups with a platform to share thoughts. BoredAt was founded in 2006 and launched in early 2007 to colleges and companies achieving rapid viral growth as a real-time communication platform.

  • Investment Banking Analyst

    2006 - 2007

    Performed analysis and developed operational, financial and valuation models and conducted industry competitive analysis for private & publicly traded companies in the media, telecom and technology industries

Bank of America Neighborhood Builders is a signature philanthropic program that advances economic mobility and nonprofit leadership.

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