# Tola Capital: portfolio, investments and team

> Tola Capital is a vc firm based in United States. 45 investments on record, 2 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/tola-capital (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Tola Capital

Last cheque observed Oct 2026; 45 cheques on record.

Email

Deploying now New fund $230M, Nov 2023 VC firm Website unconfirmed

Pre-seed Seed Series A AI & Machine Learning Artificial Intelligence & Machine Learning (AI/ML) Big Data & Analytics

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Deploying now

**25%** of best year **2** **cheques in 12 months**, 45 on record

Since the last cheque **9** days **00** hrs **00** min **00** sec

Median round **$17M** Rounds led **5 of 45** Sole investor **9 rounds** Mostly in **United States, 88%**

Pitch Tola Capital

## Tola Capital highlights

- 01 2 cheques in the last 12 months
- 02 Mostly Series A and Seed: 55% of its rounds
- 03 Sole investor in 9 rounds, median $12M

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed Series A
- **Sectors:** AI & Machine Learning Artificial Intelligence & Machine Learning (AI/ML) Big Data & Analytics
- **Based in:** Seattle, United States
- **Cold pitches:** Not stated

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. [Tell us the right one](https://millionrounds.com/corrections?slug=tola-capital).

## The record

Every round we can evidence, newest first **45 appearances**

- **2026** 2 rounds
- **Oct** **[Maxinsights](https://millionrounds.com/company/maxinsights)** Seed · US · Google News search **$30M** With 4 others
- **Sept** **[Within](https://millionrounds.com/company/within)** Venture · US **$70M** With 4 others
- **2025** 6 rounds
- **May** **[TrustCloud](https://millionrounds.com/company/trustcloud)** Series A · US · Converge VC **$15M** With 5 others
- **May** **[Persona AI](https://millionrounds.com/company/personaai)** Pre-seed · US **$27M** With 1 other
- **May** **[Pay-i](https://millionrounds.com/company/payi)** Seed · US **$4.9M** With 2 others
- **Apr** **[Tracera](https://millionrounds.com/company/tracera)** Series A · US **$12M** With 2 others
- **Mar** **[Crogl](https://millionrounds.com/company/crogl)** Series A · US **$25M** With 2 others
- **Feb** **[Tana](https://millionrounds.com/company/tana)** Series A · US **$14M** With 5 others
- **2024** 3 rounds
- **Oct** **[Nooks](https://millionrounds.com/company/nooks)** Series B · US **$43M** With 3 others
- **Aug** **[Reliant AI](https://millionrounds.com/company/reliant-ai)** Seed · CA **$11M** With 1 other
- **Feb** **[BlueBean](https://millionrounds.com/company/bluebean)** Seed · US **$1.3M** Sole investor
- **2023** 5 rounds
- **Oct** **[Pulumi](https://millionrounds.com/company/pulumi)** Series C · US **$41M** With 2 others
- **Sept** **[kyp.ai](https://millionrounds.com/company/kyp-ai)** Series A · DE **$19M** With 2 others
- **Jul** **[Snapsheet](https://millionrounds.com/company/snapsheet)** Venture · US **$5.0M** With 4 others
- **May** **[Lumeus.ai](https://millionrounds.com/company/lumeus-ai)** Seed · US **$6.0M** With 1 other
- **May** **[Simpplr](https://millionrounds.com/company/simpplr)** Series D · US **$70M** With 3 others
- **2022** 6 rounds
- **Sept** **[Robin](https://millionrounds.com/company/robin)** Seed · US **$1.5M** With 2 others
- **Aug** **[Zilla Security](https://millionrounds.com/company/zilla-security)** Series A · US · Pillar VC **$14M** With 2 others
- **Jul** **[FeatureByte](https://millionrounds.com/company/featurebyte)** Seed · US **$5.7M** With 1 other
- **Jun** **[Code Intelligence](https://millionrounds.com/company/code-intelligence)** Series A · DE **$12M** With 1 other
- **May** **[Fetcher](https://millionrounds.com/company/fetcher)** Series B · US **$27M** With 3 others
- **Mar** **[Glia](https://millionrounds.com/company/glia)** Series D · US **$45M** With 1 other
- **2021** 3 rounds
- **Nov** **[Assignar](https://millionrounds.com/company/assignar)** Secondary · US **$17M** With 3 others
- **Nov** **[VergeSense](https://millionrounds.com/company/vergesense)** Series C · US **$60M** With 3 others
- **Sept** **[LevaData](https://millionrounds.com/company/levadata)** Series C · US **$47M** Sole investor
- **2019** 4 rounds
- **May** **[Robin Powered](https://millionrounds.com/company/robin-powered)** Series B · US · TechCrunch **$20M** *Led*
- **May** **[Snapsheet](https://millionrounds.com/company/snapsheet)** Series E · US · FinSMEs **$29M** *Led*
- **Apr** **[Embroker](https://millionrounds.com/company/embroker)** Series B · US · VentureBeat **$28M** *Led*
- **Mar** **[Glia](https://millionrounds.com/company/glia)** US · FinSMEs **$20M** With 3 others
- **2018** 2 rounds
- **Jun** **[IntSights](https://millionrounds.com/company/intsights)** Series C · US · FinSMEs **$17M** Sole investor
- **Jun** **[LevaData](https://millionrounds.com/company/levadata)** Series B · US · FinSMEs **$12M** Sole investor
- **2017** 4 rounds
- **Dec** **[Convercent](https://millionrounds.com/company/convercent)** US · FinSMEs **$25M** With 1 other
- **Aug** **[LevaData](https://millionrounds.com/company/levadata)** Series A · US · FinSMEs **$5.0M** Sole investor
- **Jun** **[Snapsheet](https://millionrounds.com/company/snapsheet)** Series D · US · FinSMEs **$12M** Sole investor
- **Jan** **[ProtectWise](https://millionrounds.com/company/protectwise)** Series B · US · FinSMEs **$25M** With 2 others
- **2016** 2 rounds
- **Aug** **[Nulogy](https://millionrounds.com/company/nulogy)** CA · BetaKit: funding **$14M** *Led*
- **Jun** **[Convercent](https://millionrounds.com/company/convercent)** Series C · US · Marketwired **$11M** *Led*
- **2015** 2 rounds
- **Nov** **[ProtectWise](https://millionrounds.com/company/protectwise)** Series B · US **$20M** With 4 others
- **Jul** **[SaleMove](https://millionrounds.com/company/salemove)** Series A · US **$5.1M** Sole investor
- **2014** 2 rounds
- **Dec** **[minubo](https://millionrounds.com/company/minubo)** Seed · DE **$1.6M** With 6 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **1 named**

SM **Sheila May Gulati** Manager of Tola Capital OS Manager, LLC, a DE LLC, Manager i Filing they signed

We also hold **13** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$702M** gross assets of its funds Oct 2026

**1+** funds on file numbered funds in its name

**Exempt** reporting adviser venture or small private funds

- **Legal name:** TOLA Capital Management, LLC
- **SEC number:** CRD 173304

## What they claim to have backed

From their own portfolio page (on their website)

**32** of 51 we have independently watched raise

[3scale](https://millionrounds.com/company/3scale)[Assignar](https://millionrounds.com/company/assignar)[B12](https://millionrounds.com/company/b12)[Bluebean](https://millionrounds.com/company/bluebean)[Certora](https://millionrounds.com/company/certora)[Clipchamp](https://millionrounds.com/company/clipchamp)[Code-intelligence](https://millionrounds.com/company/code-intelligence)[Crogl](https://millionrounds.com/company/crogl)[Dbtune](https://millionrounds.com/company/dbtune)[Embroker](https://millionrounds.com/company/embroker)[Featurebyte](https://millionrounds.com/company/featurebyte)[Fetcher](https://millionrounds.com/company/fetcher)[Glia](https://millionrounds.com/company/glia)[Insightsquared](https://millionrounds.com/company/insightsquared)[Intsights](https://millionrounds.com/company/intsights)[Kyp](https://millionrounds.com/company/kyp)[Levadata](https://millionrounds.com/company/levadata)[Machinemetrics](https://millionrounds.com/company/machinemetrics)[Maxinsights](https://millionrounds.com/company/maxinsights)[Mediafly](https://millionrounds.com/company/mediafly)[Nulogy](https://millionrounds.com/company/nulogy)[Phonic](https://millionrounds.com/company/phonic)[Predictivetechnologies](https://millionrounds.com/company/predictive-technologies)[Pulumi](https://millionrounds.com/company/pulumi)[Robinpowered](https://millionrounds.com/company/robin-powered)[Sap](https://millionrounds.com/company/sap)[Simpplr](https://millionrounds.com/company/simpplr)[Starlifter](https://millionrounds.com/company/starlifter)[Tracera](https://millionrounds.com/company/tracera)[Trustcloud](https://millionrounds.com/company/trustcloud)[Vergesense](https://millionrounds.com/company/vergesense)[Zillasecurity](https://millionrounds.com/company/zilla-security) App Arcus Ascerta Aurigo Coheso Getbild Holisticai Ingredient-ai Lumeus Palosade Realmlabs Reliant Sitecore Snapsheetapp Specstory Supermetal Within nooks.in tana.inc

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

New fund on file

**$230M**

raised in Nov 2023

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$17M** the round, not its cheque Alone, median **$12M**

Led 5 of 45 rounds **11%**

- **Sole investor:** 9 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Series A said *11*
- Seed said *10*
- Series B *7*
- Series C *5*
- Series D *3*
- Venture *2*
- Pre-seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [FirstMark](https://millionrounds.com/fund/firstmark) 3
- [Accel-KKR](https://millionrounds.com/fund/accel-kkr) 2
- [Alexander Bruehl](https://millionrounds.com/fund/alexander-bruehl) 2
- [Dirk Graber](https://millionrounds.com/fund/dirk-graber) 2
- [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) 2
- [Invus Financial Advisors](https://millionrounds.com/fund/invus-financial-advisors) 2

**Pitching Tola Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Tola Capital. A count of rooms they were both in, not a relationship either has claimed.

[**FirstMark** VC firm **3** rounds together](https://millionrounds.com/fund/firstmark)[**Accel-KKR** Private equity **2** rounds together](https://millionrounds.com/fund/accel-kkr)[**Alexander Bruehl** Angel **2** rounds together](https://millionrounds.com/fund/alexander-bruehl)[**Dirk Graber** Angel **2** rounds together](https://millionrounds.com/fund/dirk-graber)[**Insight Partners** VC firm **2** rounds together](https://millionrounds.com/fund/insight-venture-partners)[**Invus Financial Advisors** Growth equity **2** rounds together](https://millionrounds.com/fund/invus-financial-advisors)[**JGE Capital Management** VC firm **2** rounds together](https://millionrounds.com/fund/jge-capital-management)[**Scale Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/scale-venture-partners)[**Seedcamp** VC firm **2** rounds together](https://millionrounds.com/fund/seedcamp)[**Silver Lake Partners** Private equity **2** rounds together](https://millionrounds.com/fund/silver-lake)[**Stephan Schambach** Angel **2** rounds together](https://millionrounds.com/fund/stephan-schambach)[**Y Combinator** Accelerator **2** rounds together](https://millionrounds.com/fund/y-combinator)

## Recently backed

The latest companies Tola Capital put money into.

[**Persona AI** $27M · May 2025](https://millionrounds.com/company/personaai)[**Tracera** $12M · Apr 2025](https://millionrounds.com/company/tracera)[**Tana** $14M · Feb 2025](https://millionrounds.com/company/tana)[**Reliant AI** $11M · Aug 2024](https://millionrounds.com/company/reliant-ai)[**BlueBean** $1.3M · Feb 2024](https://millionrounds.com/company/bluebean)[**Pulumi** $41M · Oct 2023](https://millionrounds.com/company/pulumi)

## Quick answers about Tola Capital

### What does Tola Capital invest in?

Tola Capital invests most often at Series A and Seed (55% of the rounds on record), in sectors such as AI & Machine Learning, Artificial Intelligence & Machine Learning (AI/ML) and Big Data & Analytics.

### How active is Tola Capital?

45 investments on record, 2 of them in the last 12 months, and it led 5. The most recent was in Oct 2026.

### What has Tola Capital invested in recently?

Its most recent investments on record: Maxinsights (Seed, Oct 2026), Within (Venture, Sept 2026) and TrustCloud (Series A, May 2025).

### How big are Tola Capital's cheques?

The median round it joins is $17M.

### Does Tola Capital lead rounds?

Sometimes: it led 5 of its 45 investments on record (11%).

### Where does Tola Capital invest?

Most of the companies it backs are in the United States (88%), Germany (8%) and Canada (5%).

### Is Tola Capital investing now?

Yes: it is actively investing, with 2 investments in the last 12 months.

### Who does Tola Capital invest alongside?

Most often FirstMark (3 rounds together), Accel-KKR (2 rounds together) and Alexander Bruehl (2 rounds together).

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