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Sumant Mandal

Managing Partner at March Capital

Santa Monica, California

Overview 

Sumant Mandal is the Co-Founder & Managing Partner at March Capital, a venture capital firm in Santa Monica, California. With a background in corporate development and private equity, Sumant has made significant investments in companies like Xage Security, Nile, and SparkCognition, focusing on sectors such as IoT, Cloud Infrastructure, and AI. Sumant's career highlights include serving as a Board Member for companies like Nile and Uniphore, as well as being a Managing Director at Clearstone Venture Partners. His expertise in strategic partnerships and entrepreneurship has led to successful investments in startups at various stages, including Series B and Series A.

Work Experience 

  • Co-Founder & Managing Partner

    2014 - Current

March Capital is a venture growth firm that seeks to invest in the digital transformation of cloud-based software.

  • Board Member

    2019

Nile provides secure connectivity and network independence through a fully automated, wired and wireless LAN deployed entirely as a service

Raised $300,000,000.00 from Liberty Global Ventures, STC Ventures, Sanabil, March Capital, Valor Equity Partners, Aramco Ventures, Prosperity7 Ventures, Geodesic Capital, 8VC and U First Capital.

  • Board Member

    2019

Uniphore provides conversational AI tools for speech recognition, natural language processing, and sentiment analysis.

Raised $620,875,000.00 from GoldenArc Capital, Employee Stock Option Fund, March Capital, New Enterprise Associates and BAM Elevate.

  • Board Member

    2018

  • Board Member

    2017

Xage is a global leader in zero trust access and protection

Raised $81,150,000.00 from Momenta, Saudi Aramco Energy Ventures, Overture VC, OurCrowd, SCF Partners, Chevron Technology Ventures, City Light Capital, March Capital, Valor Equity Partners and Bossa Invest.

  • Board Director

    2014

  • Co-Founder & Board Director

    2012

  • Co-Founder & Board Director

    2012

The Fabric helps new entrepreneurs incubate ideas, create technologies and develop business models as a co-founder and co-creator.

Raised $45,500,000.00 from Citrix, Hitachi, Verizon Ventures, Verizon Ventures, March Capital, Mason Ng, Hitachi, Sand Hill Angels, Citrix and March Capital.

  • Managing Director

    2000

Founded by Bill Elkus in 1998, Clearstone Venture Partners is a venture capital firm with offices in Santa Monica and Menlo Park,

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