Investors News

Sorenson Capital Launches $150 Million Ventures III Fund

Investing in cybersecurity and B2B software companies ranging from pre-revenue up to $5 million ARR.

StartupHub.ai Staff

By StartupHub.ai Staff, Editorial team

2 min read

Sorenson Capital Launches $150 Million Ventures III Fund

Sorenson Capital, a venture capital firm investing in product-first early and growth-stage companies within the cybersecurity and B2B software sectors, has announced the launch of its third early-stage fund, Ventures III. The new fund secured $150 million in capital commitments.

This fund reinforces the firm's established investment strategy, focusing on cybersecurity and B2B software companies ranging from pre-revenue up to $5 million in annual recurring revenue (ARR).

Ventures III maintains a size comparable to its predecessor, Ventures II, which was also a $150 million fund. This consistent fund size and sector focus enables Sorenson Capital to maintain a collaborative approach with each portfolio company. The firm works closely with founders to execute go-to-market strategies, develop product offerings, source initial customers, and provide informed perspectives on industry trends.

With over two decades of experience in cybersecurity and B2B software, Sorenson Capital brings extensive market knowledge and strategic insights to its investments. The firm's past investments include BambooHR, CloudKnox (acquired by Microsoft), Fastly (IPO), Harness, Planera, Socure, and Talon Security (acquired by Palo Alto Networks). Sorenson Capital remains committed to partnering with founders innovating across AI, B2B Software, Cybersecurity, and DevOps & Infrastructure, supporting them throughout the company lifecycle.

Sorenson Capital is actively investing from Ventures III, with nine companies already in the fund. These include Andromeda Security, Bureau, Jump, and SmartSuite.

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  • Andromeda Security focuses on safeguarding against human and non-human identity breaches.
  • Bureau works on preventing global identity fraud.
  • Jump delivers tailored agentic AI solutions for specific industries.
  • SmartSuite aims to streamline workflow management.

"Our deliberate fund size is about maximizing our impact, for our LPs and our founders. We've seen firsthand that bigger doesn't always mean better in this business. Our consistent focus means we remain deeply involved with each of our investments from day one through exit," commented Rob Rueckert, Managing Director at Sorenson Capital.

The firm is dedicated to helping its portfolio companies build scalable and repeatable go-to-market playbooks. Sorenson Capital's approach extends beyond providing capital, involving close collaboration with founders to identify urgent pain points, define customer profiles, and develop products that solve business problems.

Sorenson Capital now manages $1.6 billion in assets.

Sources

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TopicsAIB2B SoftwareCybersecurityEarly StageFund LaunchRob RueckertSorenson CapitalVenture Capital

StartupHub.ai Staff

Written by

StartupHub.ai Staff

Editorial team

The staff writers of StartupHub.ai, ranging from investment analysts to avid AI tool users, early adopters and critical enthusiasts. Backgrounds span engineering, business and the arts. We hold every piece to rigorous standards of research and review.

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