Sorenson Capital: Launching $150M Ventures Fund III with a Focus on Cybersecurity and B2B Software
Funding | Jun 26, 2025 | Sorenson Capital
In a strategic move reflecting its longstanding commitment to consistency and focused investment, Sorenson Capital has announced the launch of its $150M Ventures Fund III. This early-stage fund is a continuation of Sorenson's strategy to maintain targeted fund sizes and focus on cybersecurity and B2B software, leveraging the team’s deep expertise and past successes. Co-founders Rob Rueckert and Ken Elefant harness their extensive industry experience to lead investments in promising companies. Rueckert's prowess in software and Elefant's in cybersecurity have previously driven significant acquisitions by tech giants like Microsoft and Palo Alto Networks. The fund plans to invest between $1M to $10M in 25 to 30 companies, emphasizing a hands-on approach to help these firms with their go-to-market strategies and scaling processes. Current investments from Ventures III include Andromeda Security, Bureau, Jump, and SmartSuite, demonstrating the firm's commitment to fostering innovation in its core sectors.
Sectors
- Venture Capital
- Cybersecurity
- B2B Software
Geography
- United States – Sorenson Capital operates and invests primarily in the United States, as inferred from the context and the mention of companies acquired by major US tech firms.
Industry
- Venture Capital – The article discusses the launch of a new fund by Sorenson Capital, a venture capital firm, reflecting its strategies and investment focus.
- Cybersecurity – Sorenson Capital's Ventures Fund III is heavily focused on investments in cybersecurity, showing the firm's strategic interest in this sector.
- B2B Software – The fund is also focusing on innovations within the B2B software space, showcasing its commitment to technology-driven growth.
Financials
- $150M – The total size of the new Ventures Fund III launched by Sorenson Capital.
- $1M to $10M per company – The investment range Sorenson Capital plans to inject into each portfolio company through Ventures Fund III.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sorenson Capital | Private Equity Firm | Company | A venture capital firm known for its specialty in investing in early-stage venture funds, specifically Ventures Fund III focused on cybersecurity and B2B software. |
| Rob Rueckert | Co-founder | Person | Co-founder of Sorenson Capital, leading software-focused investments with decades of experience in the field. |
| Ken Elefant | Co-founder | Person | Co-founder of Sorenson Capital, recognized for his expertise in cybersecurity investments. |
| Andromeda Security | Portfolio Company | Company | A cybersecurity-focused start-up that protects against identity breaches. |
| Bureau | Portfolio Company | Company | A company focused on identity verification and fraud prevention. |
| Jump | Portfolio Company | Company | An AI tool for wealth managers and financial advisors. |
| SmartSuite | Portfolio Company | Company | A collaborative work management platform. |