# Tola Capital

> Tola Capital is a VC fund backing Software and Artificial Intelligence. See 83 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Seattle, United States
- Total investments: 83
- Last investment: Nov 2025
- Lead investor: 47%
- Fund size: $400M
- Last fund: Mar 2022
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/tola-capital
- Website: https://www.tolacapital.com

Tola Capital is a VC fund in Seattle focused on Software and Artificial Intelligence. Founded in 2010 by ex-software operators, Tola Capital is a venture capital firm that believes in the power of software and data to transform the way the world works. Our diverse team provides hands-on engagement to founders who build solutions with the potential for long-term, transformational change. We invest globally across multiple stages andexclusively target companies led by exceptional talent who are building essential software for enterprise customers.

## Contacts

5 contacts available for Tola Capital. Shizune tracks 8 team members at Tola Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/tola-capital?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.3M–$9M |
| Series A | $3.1M–$19M |
| Series B | $12M–$43M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 32 | 39% |
| Artificial Intelligence | 17 | 20% |
| SaaS | 14 | 17% |
| Information Technology | 13 | 16% |
| Analytics | 11 | 13% |

90 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 20 | 24% |
| Series A | 19 | 23% |
| Series B | 13 | 16% |
| Series C | 8 | 10% |
| Funding Round | 5 | 6% |

10 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 42 | 51% |
| Germany | 4 | 5% |
| Canada | 3 | 4% |
| Norway | 1 | 1% |
| Australia | 1 | 1% |

6 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Aaron Fleishman | Partner | 17 | https://shizune.co/investors/profile/aaron-fleishman |
| Akshay Bhushan | Partner | 7 | https://shizune.co/investors/profile/akshay-bhushan-eb2c |
| Jake Nibley | Vice President | 0 | https://shizune.co/investors/profile/jake-nibley |
| Phil Sorgen | Venture Partner | 0 | https://shizune.co/investors/profile/phil-sorgen |
| Sheila Gulati | Managing Director | 31 | https://shizune.co/investors/profile/sheila-gulati |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Maxinsights | Maxinsights aims to accelerate adoption of physical AI by delivering unmatched data quality on a global scale. |  | Seed | Nov 17, 2025 |  |
| Bild | Bild is a collaboration platform for visual assets within the hardware industry. With Bild, innovative hardware companies have delivered products faster while reducing production risks. | $9M | Series A | Oct 01, 2025 |  |
| Pay-i | Pay-i is a technology company. | $4.9M | Seed | May 21, 2025 |  |
| TrustCloud | TrustCloud is a leader in AI-native GRC transformation for CISOs, delivering the first security assurance platform designed to integrate the relationship between GRC and cybersecurity. The platform delivers the option of distinct applications to manage every facet of enterprise security risk and compliance and turn GRC into a profit center. Learnmore at TrustCloud.ai. | $15M |  | May 20, 2025 |  |
| Persona AI | Persona AI is a robotics company that provides robotic solutions. | $27M | Pre-Seed | May 07, 2025 |  |
| Coheso | Coheso, the AI-native legal front door and work management platform for in-house legal and compliance teams. |  | Venture - Series Unknown | Apr 30, 2025 |  |
| Tracera | ESG Flo is a AI-powered data infrastructure platform. It helps to extract relevant information from source documents. | $12M | Series A | Apr 08, 2025 |  |
| Crogl | Crogl investigates thousands of alerts per day following your organization's workflows by leveraging your existing security tools and data. Every action is fully documented and auditable, ensuring transparency and compliance. Whether deployed on-premises in mission-critical environments or in your cloud infrastructure, Crogl operates withcomplete privacy. | $5M | Seed | Mar 06, 2025 |  |
| Tana | Tana is a software development company that reinvents how humans, teams, and computers work together. Tana was founded in 2020 and was headquartered in Oslo, Norway. | $14M | Series A | Feb 03, 2025 |  |
| Nooks | Nooks is an applied AI lab that powers modern sales organizations. Our platform automates sales busywork so reps can focus on the human side of selling and generate more qualified pipeline from outbound. Sellers access a single platform for prospecting, coaching, and calling. The platform learns through AI-powered feedback loops, helping teams tobe more targeted and effective in their outbound. Thousands of sales teams at companies like Hubspot, ZoomInfo, Deel, and Udemy rely on the Nooks platform. | $43M | Series B | Oct 22, 2024 |  |

10 of 83 investments shown.

## Co-investors
- [FTV Capital](https://shizune.co/investors/profile/ftv-capital) — VC Fund, 4 deals together
- [Picus Capital](https://shizune.co/investors/profile/picus-capital) — VC Fund, 4 deals together
- [Accomplice](https://shizune.co/investors/profile/accomplice-atlas-venture) — VC Fund, 3 deals together
- [Allegion Ventures](https://shizune.co/investors/profile/allegion-ventures) — VC Fund, 3 deals together
- [Bee Partners](https://shizune.co/investors/profile/bee-partners) — VC Fund, 3 deals together
- [Canaan Partners](https://shizune.co/investors/profile/canaan-partners) — VC Fund, 3 deals together

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## FAQ

### What does Tola Capital invest in?

Tola Capital invests primarily in Software, Artificial Intelligence and SaaS startups, most often at Seed and Series A stage. Most of the 83 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Tola Capital's check size?

Tola Capital typically joins rounds of $1.3M–$9M at Seed, $3.1M–$19M at Series A and $12M–$43M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Tola Capital participates in.

### How do I contact Tola Capital?

Public channels for Tola Capital include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Tola Capital?

The team at Tola Capital includes Aaron Fleishman (Partner), Akshay Bhushan (Partner) and Jake Nibley (Vice President), among 8 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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