Sorenson Ventures
Sorenson Ventures is a B2B software-focused venture capital and growth equity firm operating dual early-stage and growth-stage funds, with offices in Lehi, UT and Palo Alto, CA, and a portfolio exceeding $20B in aggregate exit value.
- Company typePrivate
- Founded2008
- HeadquartersLehi, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Sorenson Ventures does
Sorenson Ventures, also branded as Sorenson Capital, is a venture capital and growth equity firm focused exclusively on B2B software, with concentrated exposure to cybersecurity, application software, artificial intelligence, and DevOps/infrastructure. The legal entity traces to 2008, with the Sorenson Ventures brand established in 2017. The firm operates a dual-fund structure: an early-stage fund targeting companies from pre-revenue to $5M ARR, and a growth-stage fund for companies exceeding $5M ARR. This structure allows Sorenson to serve B2B software founders across the full lifecycle as a continuous capital partner, with the ability to lead or follow on at successive rounds. The firm is headquartered in Lehi, Utah, with a second office in Palo Alto, California, and employs 11-50 people.
The business model is that of a traditional closed-end venture capital manager: the firm raises capital from limited partners, charges management fees (typically ~2% of committed capital) on both fund vehicles, and earns carried interest on realizations. Revenue is therefore a function of AUM and exit performance rather than product sales. The portfolio has generated over $20 billion in aggregate enterprise value across exits and IPOs, including notable M&A outcomes (Talon at $625M, Cradlepoint at $1.1B, Openpath at $297M) and IPOs (Amplitude, Fastly, Couchbase, Health Catalyst, Pluralsight). Active portfolio companies span Bridgecrew, Kenna Security, CloudKnox, Octarine, Workfront, Harvest, Traceloop, Doyen AI, NetRise, Traceable, and recent additions Zócalo Health, Byron, and Jump.
The firm is led by co-founders Fraser Bullock, Tim Layton, Mark Ludwig, Ron Mika, and Luke Sorenson, with a partner group that includes Brady Broadbent (AI focus), Ken Elefant, Eric Hilton, Bert Roberts, Tom Pierce, Rob Rueckert, and Burke Davis. The team combines operating and investing backgrounds in B2B software, and the partner group has been actively expanded through internal promotion. As a private partnership, the firm does not disclose AUM, fund sizes, revenue, or carried interest realizations, limiting external visibility into financial performance.
Sorenson Ventures firmographics
Firmographics- Name
- Sorenson Ventures
- Legal name
- West Rim Capital Advisors, L.P.
- Website
- https://sorensoncapital.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Sorenson Ventures is a B2B software-focused venture capital and growth equity firm operating dual early-stage and growth-stage funds, with offices in Lehi, UT and Palo Alto, CA, and a portfolio exceeding $20B in aggregate exit value.
- Ownership category
- akta.pro rank
Sorenson Ventures industry classification
Industry- Product category
- Venture Capital
- NAICS
- Portfolio Management and Investment Advice (52394), All Other Financial Investment Activities (52399)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Early-Stage Venture Capital (Series A/B) (FSANAAAB)
- akta.pro secondary industries
- Late-Stage Venture Capital (Series C+) (FSANAAAC), Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)
Keywords
Where Sorenson Ventures is headquartered
LocationHeadquarters
- HQ city
- Lehi
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Sorenson Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Distribution channels1 record
Marketing channels4 records
Sorenson Ventures product offering
Product offeringCore offering
Sorenson Capital is a venture capital and growth equity firm that invests exclusively in B2B software companies through two distinct investment vehicles: an early-stage fund targeting pre-revenue to $5M ARR companies and a growth-stage fund for companies above $5M ARR scaling toward pre-IPO. Beyond capital, the firm provides portfolio companies with a proprietary go-to-market playbook refined from over $20 billion in aggregate exits, leadership hiring assistance, customer introductions, business model evaluation, and tactical '10x Support' engagement that extends beyond formal board meetings.
Product overview
Sorenson Capital is a venture capital firm offering two distinct investment vehicles: an early-stage fund for pre-revenue to $5M ARR companies, and a growth fund for companies above $5M ARR. The firm provides portfolio companies with deep operational support including a proprietary go-to-market playbook developed from over $20 billion in aggregate exits and IPOs, tactical planning (10x Support), hiring guidance, customer introductions, and business model optimization. The firm invests exclusively in B2B software companies across four sectors: Cybersecurity, B2B Software/Application, Artificial Intelligence, and DevOps & Infrastructure.
Differentiator
Problem solved
Functional benefit
Products and services
- Early-Stage Fund Early-stage venture capital investment vehicle targeting pre-revenue B2B software companies or those with less than $5 million in ARR, providing capital alongside hands-on operational support to B2B software founders.
- Growth Fund Growth-stage venture capital investment vehicle targeting B2B software companies with more than $5 million in ARR, supporting scaling through pre-IPO stages with capital and operational expertise.
Quantifiable outcome
- Over $20 billion in aggregate enterprise value of companies that have exited or IPO'd
- +1 more outcomes
Companies that use Sorenson Ventures
Customer profileSegments3 records
Ideal customer profiles2 records
Sorenson Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Sorenson Ventures partnerships and signals
Strategic signalScale indicators3 records
Recent moves12 records
Expansion highlights5 records
Sorenson Ventures competitors and assessment
Company assessmentDirect peers
- Sapphire Ventures: B2B software-focused venture and growth investor with strong enterprise software portfolio and operational support model similar to Sorenson's 10x support approach.
- Bessemer Venture Partners: One of the longest-tenured B2B software/cloud-focused VC firms with a similar full-lifecycle approach (BVP has both early-stage and growth vehicles). Direct overlap with Sorenson in cybersecurity, application software, and infrastructure investments.
- Battery Ventures: B2B software specialist VC investing across early and growth stages in cybersecurity, application software, and infrastructure—closely aligned with Sorenson's investment thesis and stage approach.
- Insight Partners: Large-scale B2B software investor with a strong growth-stage focus and operational support model. Comparable to Sorenson's growth fund in target sectors and stage orientation.
- Accel: Premier venture firm with deep B2B software roots (early Facebook-era investments in enterprise software). Directly competes with Sorenson for early-to-growth stage B2B software deals.
- IVP (Institutional Venture Partners): Late-stage B2B software/growth equity firm with similar focus on scaling enterprise software companies toward IPO—directly comparable to Sorenson's growth-stage fund.
- Scale Venture Partners: B2B SaaS-focused growth-stage investor with a similar thesis around go-to-market execution and category leadership in enterprise software.
- TCV (Technology Crossover Ventures): Growth equity firm specializing in B2B software and technology IPO/strategic outcomes. Comparable to Sorenson's growth fund in target sectors and exit orientation.
Broad incumbents
- Andreessen Horowitz (a16z): Mega-fund with broad B2B software coverage across stages and sectors, including cybersecurity and infrastructure. Larger and more diversified than Sorenson but competes for similar founders.
- New Enterprise Associates (NEA): Large diversified venture firm with significant enterprise software/cybersecurity exposure across stages. Competes with Sorenson for B2B software opportunities but with broader sector coverage.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Sorenson Ventures social profiles
Digital presenceSorenson Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sorenson Ventures leadership team
Management profileNumber of profiles
Profiles12 records
Sorenson Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sorenson Ventures M&A and investment
M&A and investmentM&A
Investments33 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sorenson Ventures
What does Sorenson Ventures do?
Sorenson Capital is a venture capital and growth equity firm that invests exclusively in B2B software companies through two distinct investment vehicles: an early-stage fund targeting pre-revenue to $5M ARR companies and a growth-stage fund for companies above $5M ARR scaling toward pre-IPO. Beyond capital, the firm provides portfolio companies with a proprietary go-to-market playbook refined from over $20 billion in aggregate exits, leadership hiring assistance, customer introductions, business model evaluation, and tactical '10x Support' engagement that extends beyond formal board meetings.
Is Sorenson Ventures a public or private company?
Sorenson Ventures is a private company. It is classified as management employee owned and is currently operating.
When was Sorenson Ventures founded?
Sorenson Ventures was founded in 2008. It employs 11 to 50 people.
Where is Sorenson Ventures based?
Sorenson Ventures is headquartered in Lehi, United States, in the North America region.
Who are Sorenson Ventures's main competitors?
Direct peers on record are Sapphire Ventures, Bessemer Venture Partners, Battery Ventures, Insight Partners, Accel, IVP (Institutional Venture Partners), Scale Venture Partners and TCV (Technology Crossover Ventures). Broad incumbents are Andreessen Horowitz (a16z) and New Enterprise Associates (NEA).
Does Sorenson Ventures have an API?
No public API is recorded for Sorenson Ventures.
What industry is Sorenson Ventures in?
Sorenson Ventures's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAB, Early-Stage Venture Capital (Series A/B), with a secondary code of FSANAAAC, Late-Stage Venture Capital (Series C+). Its NAICS code is 52394 and its SIC code is 6282.