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Tola Capital

Seattle, WA · Invests in US; Europe; Global · Website

SeedSeries ASeries BB2B SaaSAI & Machine LearningDeveloper ToolsCybersecurityFintechClimate & EnergyEnterprise SoftwareSecurity & CybersecurityDeveloper Tools & InfrastructureHR Tech & Future of WorkFintech & PaymentsClimate & Clean Energy

Thesis

Every industry will be transformed by software. Tola practices hypothesis-based investing targeting the 'enterprise scaffolding' of AI — domain-specific models, AI/ML tooling, AI SaaS applications, AI governance, and AI security — rather than foundational AI infrastructure. They back companies driving long-term, transformational change in large markets.

Likely not a fit for

No foundational AI/LLM infrastructure (pretraining, GPU clouds), consumer apps, hardware-only businesses, or companies without a clear enterprise customer path.

How they invest

Lead or follow
Usually leads
Typical decision
~1 month
Warm intro
Not required
Involvement
Takes a board seat
Fund status
Actively deploying
Assets under mgmt
$688M
Decision process
Investment Committee

Partners & team

10 contacts on file

AF

Aaron Fleishman

PartnerPartner · Primary contact

+ Pitch

a•••@to•••.com

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KB

Karolin Beck

Venture PartnerVenture Partner

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k•••@to•••.com

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SG

Sheila Gulati

PartnerManaging Director

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s•••@to•••.com

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SG

Stacey Giard

Venture PartnerVenture Partner

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s•••@to•••.com

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AB

Akshay Bhushan

PartnerPartner

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a•••@to•••.com

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SL

Sophia Lu

PrincipalVice President

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s•••@to•••.com

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JN

Jake Nibley

PrincipalVice President

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j•••@to•••.com

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PS

Phil Sorgen

Venture PartnerVenture Partner

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p•••@to•••.com

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TS

Tashi Schmidt

Platform & OpsCFO and Partner

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t•••@to•••.com

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VT

Vahé Torossian

Venture PartnerVenture Partner

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v•••@to•••.com

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Portfolio

AssignarEnterprise Software

Assignar provides construction operations software that helps companies manage scheduling, time tracking, job costing, safety compliance, and reporting.

AurigoEnterprise Software

Aurigo is an AI-native platform for capital planning, construction, and maintenance, empowering teams to plan, fund, and deliver projects efficiently. It integrates planning, decision-making, and execution into a single system, helping organizations manage over $450 billion in capital programs.

B12Enterprise Software

B12 is an AI-powered website builder that allows users to create and customize their online presence easily, without the need for coding or design skills. It offers a range of templates and tools to help businesses launch their websites quickly and efficiently.

BildEnterprise Software

Bild provides hardware data management and cloud product data management (PDM) solutions, enabling teams to manage complex CAD data, track product information through lifecycle states, and streamline engineering workflows.

BlueBeanEnterprise Software

BlueBean is the first card-native, AI-controlled spend and expense management platform that embeds finance directly into every business checkout — online and in-store. By connecting card issuance, approvals, and accounting logic at the point of payment, BlueBean ensures every transaction is controlled before it happens and captured automatically after it completes.

CertoraSecurity Cyber

Certora provides formal verification tools and smart contract audits to secure blockchain applications, ensuring that smart contracts behave as intended and are free from vulnerabilities.

CohesoEnterprise Software

AI-native intake and work management for in-house legal teams, automating legal work from request to resolution.

CroglSecurity Cyber

Crogl is an AI-driven security platform that automates the investigation of security alerts, enabling security analysts to focus on critical threats while ensuring every action is documented and auditable.

DBtuneEnterprise Software

DBtune is an AI-driven service for optimizing database performance, founded in 2020, and has a global partner network for PostgreSQL solutions. It offers automated tuning and is available on major cloud marketplaces.

EmbrokerInsurance

Embroker is a technology-driven platform that offers business insurance solutions tailored to the needs of modern businesses, leveraging technology and expertise to simplify the insurance process.

FeatureByteEnterprise Software

FeatureByte is a self-service platform that empowers data scientists and machine learning engineers to swiftly transform raw data into production-ready pipelines, optimizing feature engineering and AI model deployment.

FetcherEnterprise Software

Fetcher is an AI-powered talent sourcing platform that streamlines the recruitment process by automating candidate screening and sourcing, allowing recruiters to focus on building valuable connections.

Recent activity

Tola Capital in the news

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Research briefRead more
Tola Capital — Research Document Overview Tola Capital is a Seattle-based venture capital firm founded in 2010 by Sheila Gulati and Stacey Giard, both former Microsoft executives. The firm is singularly focused on investing in software companies that power business transformation across industries. With $•• raised across multiple funds—including Fund III at $•• closed in November 2023—Tola Cap

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