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    Aneel Ranadive

    Managing Partner Soma Capital and Ownership Group Sacramento Kings

    Aneel Ranadive is a prominent figure in the venture capital and technology investment landscape. Here's an overview of his background and accomplishments:

    Professional Experience

    Aneel Ranadive is the founder and Managing Director of Soma Capital, a Silicon Valley-based early-stage venture capital fund.12 He has over 20 years of experience building and investing in startups.1

    Soma Capital

    Soma Capital, founded by Ranadive in early 2015, invests globally across multiple sectors, focusing on entrepreneurs who use technology to improve humanity on a large scale.1 Since its inception, the fund has:

    • Invested in hundreds of startups
    • Backed over 20 unicorns
    • Invested in companies with a combined total value of over $50 billion

    Some notable investments include Deel, Rippling, Ramp, Ironclad, Razorpay, Rappi, and Cruise.1

    Investment Approach

    Ranadive's investment strategy at Soma Capital includes:

    • Investing in seed and early-stage startups
    • Focusing on sectors such as MarketingTech, Gaming/eSports, Analytics, SMB Software, Cloud Infrastructure, and Enterprise3
    • Typical investment range of $1M - $5M, with a sweet spot of $2.5M3

    Family Background and Connections

    Aneel Ranadive comes from a family with a strong technology background:

    • His father, Vivek Ranadive, founded TIBCO Software, which had a $4.3 billion exit1
    • The Ranadive family owns the Sacramento Kings NBA team2
    • Aneel has leveraged connections from TIBCO to build a robust network of Fortune 500 CEOs1

    Current Location and Fund Size

    As of the most recent information:

    • Ranadive has relocated from San Francisco to Miami Beach, Florida45
    • Soma Capital's current fund size is reported to be $200M3
    • The platform has grown to over $1 billion in assets under management5

    Aneel Ranadive's LinkedIn username is indeed aneelr, as mentioned in the query.4

    Highlights

    Oct 16 · TechCrunch
    URX Is A Brilliant Mobile Ad Service That Deeplinks Customers Right To Ecommerce App Product Pages - TechCrunch

    Related Questions

    What are some of the most successful startups Soma Capital has invested in?
    How did Aneel Ranadive's experience at TIBCO influence his venture capital career?
    What sectors does Soma Capital primarily focus on?
    How does Aneel Ranadive's network with Fortune 500 CEOs benefit Soma Capital's investments?
    What is the significance of the Ranadive family owning the Sacramento Kings?
    Aneel Ranadive
    Aneel Ranadive, photo 1
    Aneel Ranadive, photo 2
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    Location

    Miami Beach, Florida, United States