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Sorenson Capital

North America, Utah, United States, Lehi

Description

Sorenson Capital is a prominent private equity firm based in Lehi, Utah, known for its dual investment strategy encompassing Middle Market Buyouts and Growth Equity. While the firm operates across various sectors, its Growth Equity arm specifically targets profitable, founder-led B2B software and tech-enabled services businesses, aligning with the user's description. This strategy focuses on companies that have achieved meaningful revenue, typically ranging from $5 million to $50 million, and are seeking capital for expansion, strategic acquisitions, or operational enhancements.

For its Growth Equity investments, Sorenson Capital typically deploys initial checks ranging from $10 million to $50 million, indicating a focus on more mature growth-stage companies rather than early-stage ventures. The firm often takes a significant minority or control position, partnering closely with management teams to drive value creation through operational expertise and strategic guidance. Their investment approach emphasizes long-term partnerships and a hands-on, collaborative style to accelerate portfolio company growth.

Sorenson Capital has a robust track record, having raised substantial capital across multiple funds. In 2022, the firm successfully closed its latest fund, Sorenson Capital Partners V, L.P., at $600 million, underscoring its continued ability to attract significant institutional capital. This capital base allows them to make meaningful investments and support their portfolio companies through various stages of growth. With a history of over 100 investments and numerous successful exits, Sorenson Capital has established itself as a key player in the private equity landscape, particularly within the B2B software and tech-enabled services sectors.

Investor Profile

Sorenson Capital has backed more than 95 startups, with 13 new investments in the last 12 months alone. The firm has led 47 rounds, about 49% of its total and boasts 27 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Private Equity, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Canada, United Kingdom.
  • Strong thematic focus on Software, SaaS, Information Technology.
  • Led 3 rounds in the past year.
  • Typical check size: $10M – $50M.

Stage Focus

  • Series B (22%)
  • Private Equity (19%)
  • Series A (15%)
  • Series D (11%)
  • Seed (11%)
  • Series C (8%)
  • Series Unknown (7%)
  • Series E (4%)
  • Series G (1%)
  • Series F (1%)

Country Focus

  • United States (91%)
  • Canada (4%)
  • United Kingdom (2%)
  • Israel (2%)
  • New Zealand (1%)

Industry Focus

  • Software
  • Saas
  • Information Technology
  • Cyber Security
  • Artificial Intelligence (Ai)
  • Enterprise Software
  • Analytics
  • Machine Learning
  • Network Security
  • Security
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Sorenson Capital frequently co-invest with?

Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 5
BAM Elevate
North America, New York, United States, New York
Co-Investments: 4
Citi Ventures
North America, California, United States, San Francisco
Co-Investments: 7
Norwest Venture Partners
North America, California, United States, Palo Alto
Co-Investments: 7
Battery Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 9
IVP
North America, California, United States, Menlo Park
Co-Investments: 4
Adams Street Partners
North America, Illinois, United States, Chicago
Co-Investments: 4
Accel
North America, California, United States, Palo Alto
Co-Investments: 6
Frontline Ventures
Europe, England, United Kingdom, London
Co-Investments: 4
Intel Capital
North America, California, United States, Santa Clara
Co-Investments: 5

Which angels does Sorenson Capital often collaborate with?

David Hannigan
North America, New York, United States, New York
Shared Deals: 1
EK
North America, New York, United States, New York
Shared Deals: 1
BC
North America, Delaware, United States, Wilmington
Shared Deals: 1
YW
North America, California, United States, San Francisco
Shared Deals: 1
SJ
North America, California, United States, San Francisco
Shared Deals: 1
Dan Scheinman
North America, California, United States, San Francisco
Shared Deals: 2
SC
Europe, Ireland
Shared Deals: 1
David Tsao
North America, California, United States, San Francisco
Shared Deals: 1
JT
North America, California, United States, San Francisco
Shared Deals: 1
SF
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Sorenson Capital?

Safe Security

Palo Alto, California, United States

Safe Security provides cyber risk management solutions to quantify and manage enterprise‑wide cyber risk in real time.

Artificial Intelligence (AI)Cyber SecurityInformation TechnologyNetwork SecurityRisk Management
Series CJul 31, 2025
Amount Raised: $70,000,000
Keye

New York, New York, United States

Keye is a proprietary AI system that accelerates and enhances due diligence for private market investors.

Artificial Intelligence (AI)Enterprise ApplicationsFinanceInformation Technology
SeedJul 29, 2025
Amount Raised: $5,000,000
StrongestLayer

San Francisco, California, United States

StrongestLayer is an AI-based cybersecurity platform mainly for email security and human risk mitigation.

Artificial Intelligence (AI)Cyber SecurityNetwork Security
SeedJul 17, 2025
Amount Raised: $5,200,000
NetBox Labs

New York, New York, United States

NetBox Labs develops services for the open-source NetBox IP address management and data center infrastructure management platform.

Information TechnologyOpen SourceProfessional NetworkingSaaS
Series BJul 14, 2025
Amount Raised: $35,000,000
Traceloop

Tel Aviv-yafo, Tel Aviv, Israel

Observability and testing for your LLM application

Machine LearningOpen SourceSoftware
SeedMay 27, 2025
Amount Raised: $6,100,000
Lightrun

Tel Aviv, Tel Aviv, Israel

Lightrun provides real-time application insights and dynamic instrumentation for developers.

Developer ToolsDevOpsSoftware
Series BApr 28, 2025
Amount Raised: $70,000,000
NetRise

Austin, Texas, United States

NetRise provides a cloud based platform for detecting, analyzing, and securing firmware and software in the supply chain ecosystem.

Cloud Data ServicesCyber SecurityIndustrial AutomationInformation TechnologySoftware
Series AApr 15, 2025
Amount Raised: $10,000,000
VulnCheck

Lexington, Massachusetts, United States

VulnCheck delivers advanced cyber threat intelligence, offering exploit and vulnerability insights to help organizations stay secure.

Artificial Intelligence (AI)Cyber SecurityInformation TechnologyNetwork Security
Series AMar 18, 2025
Amount Raised: $12,000,000
Cloudsmith

Belfast, Belfast, United Kingdom

Cloudsmith is a cloud-native platform that serves as a centralized solution for managing and distributing software assets or artifacts.

Cloud ComputingCloud StorageContent Delivery NetworkCyber SecurityDeveloper ToolsEnterprise SoftwareSaaSSecuritySoftware
Series BMar 3, 2025
Amount Raised: $22,963,365
SmartSuite

Newport Beach, California, United States

SmartSuite is a work management platform that integrates databases, spreadsheets, documents, collaboration tools, and automation.

Business Process Automation (BPA)CollaborationProject ManagementSoftware
Series AFeb 20, 2025
Amount Raised: $13,000,000