Investments
75Portfolio Exits
12Funds
4Partners & Customers
1Service Providers
1About Tola Capital
Tola Capital is a venture capital firm that focuses on investing in enterprise software companies, particularly those enabled by new data and cloud platforms. The company provides both capital and hands-on engagement to drive growth for its portfolio companies, with a particular interest in software companies that offer essential products for enterprise customers, have a solid existing customer base, and hold a strong competitive position. Tola Capital primarily sells to the enterprise software industry. It is based in Seattle, Washington.
Latest Tola Capital News
Jul 28, 2025
— Vahé Torossian has joined Seattle firm Tola Capital as a venture partner. Torossian was at Microsoft for more than three decades, resigning from the tech giant in 2023 as corporate vice president of worldwide business applications. He then went to Builder.ai, a London-based software development platform. At the startup, he held multiple roles including deputy CEO and chief revenue officer. He left the company in May. “Joining Tola Capital represents a unique opportunity to draw on my global executive experience and most recent start-up chapter,” Torossian said on LinkedIn. “I have seen firsthand the immense potential for early-stage ventures… Read More
Tola Capital Investments
75 Investments
Tola Capital has made 75 investments. Their latest investment was in Pay-i as part of their Seed VC on May 21, 2025.

Tola Capital Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
5/21/2025 | Seed VC | Pay-i | $4.9M | Yes | Firestreak, FUSE, GAIA Capital Management, Pear VC, and Undisclosed Angel Investors | 6 |
5/20/2025 | Series B | TrustCloud | $15M | No | Cisco Investments, OpenView Venture Partners, Presidio Ventures, ServiceNow Ventures, and Undisclosed Investors | 5 |
5/14/2025 | Pre-Seed | Persona AI | $27M | Yes | Cofounder Ventures, dConstruct, Embedded Ventures, Fathom Fund, GOOSE Capital, Invicta Growth, K2 Global, K50 Ventures, Kalea Ventures, Mirae Asset Daewoo, Olive Hill Group, SGA Capital, SGH Capital, Sound Media Ventures, Tides Ventures, Unity Growth, WaveFx, and Zero Infinity Partners | 6 |
4/8/2025 | Series A | |||||
3/5/2025 | Seed VC |
Date | 5/21/2025 | 5/20/2025 | 5/14/2025 | 4/8/2025 | 3/5/2025 |
---|---|---|---|---|---|
Round | Seed VC | Series B | Pre-Seed | Series A | Seed VC |
Company | Pay-i | TrustCloud | Persona AI | ||
Amount | $4.9M | $15M | $27M | ||
New? | Yes | No | Yes | ||
Co-Investors | Firestreak, FUSE, GAIA Capital Management, Pear VC, and Undisclosed Angel Investors | Cisco Investments, OpenView Venture Partners, Presidio Ventures, ServiceNow Ventures, and Undisclosed Investors | Cofounder Ventures, dConstruct, Embedded Ventures, Fathom Fund, GOOSE Capital, Invicta Growth, K2 Global, K50 Ventures, Kalea Ventures, Mirae Asset Daewoo, Olive Hill Group, SGA Capital, SGH Capital, Sound Media Ventures, Tides Ventures, Unity Growth, WaveFx, and Zero Infinity Partners | ||
Sources | 6 | 5 | 6 |
Tola Capital Portfolio Exits
12 Portfolio Exits
Tola Capital has 12 portfolio exits. Their latest portfolio exit was Arcus on May 20, 2025.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
5/20/2025 | Acquired | 3 | |||
2/13/2025 | Acquired | 5 | |||
2/7/2023 | Acquired | 3 | |||
Tola Capital Fund History
4 Fund Histories
Tola Capital has 4 funds, including Tola Capital III.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
11/29/2023 | Tola Capital III | $230M | 1 | ||
11/14/2016 | Tola Ventures | ||||
Tola Ventures II | |||||
Tola Capital Partners II |
Closing Date | 11/29/2023 | 11/14/2016 | ||
---|---|---|---|---|
Fund | Tola Capital III | Tola Ventures | Tola Ventures II | Tola Capital Partners II |
Fund Type | ||||
Status | ||||
Amount | $230M | |||
Sources | 1 |
Tola Capital Partners & Customers
1 Partners and customers
Tola Capital has 1 strategic partners and customers. Tola Capital recently partnered with Cooley on November 11, 2023.
Tola Capital Service Providers
1 Service Provider
Tola Capital has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Counsel | General Counsel |
Service Provider | |
---|---|
Associated Rounds | |
Provider Type | Counsel |
Service Type | General Counsel |
Partnership data by VentureSource
Tola Capital Team
4 Team Members
Tola Capital has 4 team members, including current Founder, Managing Director, Sheila Gulati.
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