
Sorenson Ventures
Description
Sorenson Ventures is a prominent venture capital firm headquartered in Lehi, Utah, with an additional office in Palo Alto, California, specializing in early-stage investments within the enterprise software and cybersecurity sectors. The firm primarily targets Seed, Series A, and Series B rounds, seeking to partner with innovative companies that are developing disruptive technologies for the business landscape. Their investment thesis is rooted in identifying strong founding teams and providing not just capital but also strategic guidance and operational support, leveraging the deep industry experience of their partners.
The firm has demonstrated consistent growth in its capital base, successfully raising multiple funds since its inception. Sorenson Ventures closed its inaugural fund, Sorenson Ventures Fund I, with $150 million in 2018, establishing its presence in the venture ecosystem. Building on this momentum, they subsequently raised Sorenson Ventures Fund II, securing $240 million in 2021, further expanding their capacity to support promising startups. Most recently, the firm announced the closing of Sorenson Ventures Fund III in 2024, which commanded $300 million, underscoring investor confidence in their strategy and track record.
Sorenson Ventures typically deploys initial checks ranging from $2 million to $10 million, depending on the stage and specific needs of the company. This flexible approach allows them to engage with companies from early product-market fit stages through to those scaling their operations. Beyond financial investment, the firm is known for its hands-on approach, offering portfolio companies access to a robust network, strategic advice on product development, go-to-market strategies, and talent acquisition. Their commitment extends to helping founders navigate the complexities of building and scaling enterprise-grade solutions, aiming to accelerate their growth and market penetration.
Investor Profile
Sorenson Ventures has backed more than 30 startups, with 0 new investments in the last 12 months alone. The firm has led 14 rounds, about 47% of its total and boasts 4 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Series B rounds (top funding stages).
- Majority of deals are located in United States, Israel, Canada.
- Strong thematic focus on Information Technology, Software, Cyber Security.
- Typical check size: $2M – $10M.
Stage Focus
- Series A (40%)
- Seed (30%)
- Series B (17%)
- Series C (7%)
- Series E (3%)
- Series Unknown (3%)
Country Focus
- United States (83%)
- Israel (7%)
- Canada (3%)
- Germany (3%)
- United Kingdom (3%)
Industry Focus
- Information Technology
- Software
- Cyber Security
- Artificial Intelligence (Ai)
- Fraud Detection
- Saas
- Big Data
- Machine Learning
- Security
- Identity Management
Frequently Asked Questions
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