Tola Capital

Tola Capital is a Seattle-based venture capital firm with a dedicated focus on early-stage enterprise software companies globally. Established in 2010, the firm specializes in sectors critical to modern business infrastructure, including artificial intelligence and machine learning, cloud computing, data and analytics, cybersecurity, and Software-as-a-Service (SaaS) platforms. Tola Capital distinguishes itself through its team's deep operational experience, aiming to provide more than just capital by actively supporting its portfolio companies with strategic guidance and industry insights.

The firm primarily targets Seed, Series A, and Series B rounds, often taking on a lead or co-lead investor role. This hands-on approach allows Tola Capital to partner closely with founders, leveraging their expertise to help scale nascent technologies into market-leading solutions. Their investment thesis centers on identifying companies that are building foundational technologies to solve complex business challenges, emphasizing scalable business models and strong product-market fit within the enterprise software landscape.

Tola Capital has successfully raised three funds, accumulating a total of $500 million in assets under management. This capital base supports their typical initial investment strategy, with first checks generally ranging from $5 million to $20 million. This range positions them to provide significant early-stage funding while also participating in larger, later-stage rounds as companies mature. Their disciplined investment approach has led them to be a lead investor in approximately 60% of the rounds they participate in, underscoring their commitment and conviction in their portfolio.

Among their notable investments, Tola Capital was an early backer of Snowflake, a cloud data warehousing company that achieved a significant public market debut. Other prominent portfolio companies include Snyk, a developer security platform, and Outreach, a sales engagement platform, both of which have grown into industry leaders. These successes highlight Tola Capital's ability to identify and nurture high-potential enterprise software ventures, contributing to their growth and eventual market impact.