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Sorenson Ventures

North America, Utah, United States, Lehi

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
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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 Ventures frequently co-invest with?

Bain Capital Ventures
North America, California, United States, San Francisco
Co-Investments: 2
Team8
Asia, Tel Aviv, Israel, Tel Aviv-yafo
Co-Investments: 2
Evolution Equity Partners
North America, New York, United States, New York
Co-Investments: 2
Scale Venture Partners
North America, California, United States, Foster City
Co-Investments: 2
Emergent Ventures
North America, California, United States, San Mateo
Co-Investments: 3
Flint Capital
North America, Massachusetts, United States, Cambridge
Co-Investments: 2
Accel
North America, California, United States, Palo Alto
Co-Investments: 2
Commerce Ventures
North America, California, United States, San Francisco
Co-Investments: 3
Lightspeed Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 4
IL
North America, Maryland, United States, Baltimore
Co-Investments: 2

Which angels does Sorenson Ventures often collaborate with?

JL
North America, California, United States, Menlo Park
Shared Deals: 1
GK
North America, California, United States, San Jose
Shared Deals: 2
GP
Europe, England, United Kingdom, London
Shared Deals: 1
Dan Scheinman
North America, California, United States, San Francisco
Shared Deals: 1
CB
North America, California, United States, San Francisco
Shared Deals: 1
JJ
North America, Utah, United States, Provo
Shared Deals: 1
RS
North America, Utah, United States, Provo
Shared Deals: 1
MA
North America, California, United States, San Francisco
Shared Deals: 1
TP
North America, California, United States, San Francisco
Shared Deals: 1
AK
North America, California, United States
Shared Deals: 1

What are some of recent deals done by Sorenson Ventures?

Spiffy AI

Seattle, Washington, United States

Spiffy is working on Outcome-Oriented Models (OOMs), a new type of AI that improves over time toward a specific goal.

Artificial Intelligence (AI)Software
SeedDec 4, 2023
Amount Raised: $6,000,000
NetRise

Austin, Texas, United States

NetRise is an automated cloud-based platform that provides computer and network security services.

Cloud Data ServicesCyber SecurityIndustrial AutomationInformation TechnologySoftware
Series UnknownApr 25, 2023
Amount Raised: $8,000,000
VulnCheck

Lexington, Massachusetts, United States

VulnCheck is a cyber Intelligence platform that delivers threat intelligence services to government organizations and cybersecurity vendors.

Artificial Intelligence (AI)Cyber SecurityInformation TechnologyNetwork Security
SeedFeb 9, 2023
Amount Raised: $3,200,000
Digma

Sunnyvale, California, United States

Digma is an observability platform that continuously tracks down performance problems in the code, and provides their root cause.

Developer ToolsSoftware
SeedFeb 3, 2023
Amount Raised: $6,509,958
Moov

Cedar Falls, Iowa, United States

Moov is developing an open source platform enabling users to quickly deploy basic financial service tools.

FinanceFinancial ServicesFinTechSoftware
Series BJan 31, 2023
Amount Raised: $45,000,000
Talon Cyber Security

Tel Aviv, Tel Aviv, Israel

Talon Cyber Security provides cybersecurity solutions for the distributed workforce.

Cyber SecurityInformation TechnologySoftwareWeb Browsers
Series AAug 4, 2022
Amount Raised: $100,000,000
Lily AI

Mountain View, California, United States

Lily AI is the platform that bridges the gap between brand-speak and customer-speak to drive exponential growth for commerce companies.

Artificial Intelligence (AI)E-CommerceFashion
Series BJun 9, 2022
Amount Raised: $25,000,000
Synthesis AI

San Francisco, California, United States

Synthesis AI provides a data generation platform for computer vision.

Artificial Intelligence (AI)Computer VisionGenerative AIMachine Learning
Series AApr 28, 2022
Amount Raised: $17,000,000
Airgap Networks

Santa Clara, California, United States

Zero Trust Isolation Platform that confines ransomware to a single device.

Information ServicesInformation Technology
Series AApr 5, 2022
Amount Raised: $13,400,000
tru.ID

London, England, United Kingdom

tru.ID is reinventing mobile authentication for today's world through a modern developer platform.

Developer APIsIdentity ManagementSecurityTelecommunications
SeedApr 1, 2022
Amount Raised: $4,834,000