Venture Capital
The Venture Capital team at Sovereign’s Capital invests in technology sector founders who are seeking to deliver top financial returns, while also contributing to human flourishing.
The Venture Capital team invests in Seed and Series A-stage technology companies operating in the U.S. and Southeast Asia. Our founders are gritty, creative leaders who are obsessive about internal culture and their customers. Their companies operate in growing markets and build defensible economic moats, from network effects and data advantages to sticky customers. We invest where we have direct operational experience or other expertise: B2B and B2C software, healthtech, deep tech, and tech-enabled services. We deploy $300,000 to $4 million per investment, and we lead rounds when our operator experience overlaps with an industry. We thoughtfully engage with portfolio companies to provide targeted strategic and operational partnership.
Team
Our investment team is made up of operators with industry and regional expertise.
Kelly Arifin
Senior Associate
Calvin Halim
Senior Associate
Phil Jung
Partner
Adora Lovestrand
Principal
Elisse Madjudin
Venture Operations Associate
Kevin Sutantyo
Partner
Jake Thomsen
Managing Partner
John Coleman
Co-CEO and Board Member
Luke Roush
Co-Founder, Co-CEO, and Board Member
Kathryn Armstrong
Associate, Investor Relations
Hank Bowen
Associate, Investor Relations
Target Company
What we look for
Team First
We partner with faith-driven leaders who have deep domain expertise and ambitious visions of the future. They are marked by grit and perseverance, balanced with the flexibility to discern evolving markets.
Defensible Differentiators
We partner with companies that have defensible economic moats including technological barriers, long-term customer relationships, dominant market share, or other sustainable competitive advantages.
Growth Focus
We partner with leaders who are growth-minded, with highly scalable business models. Their capital efficiency allows them to capture the market potential and achieve expanded impact.
Thriving Culture
We partner with leaders who view culture as the ultimate competitive advantage. Our partner companies have evidence of cultures that delight employees, families, customers, vendors, and other stakeholders.
Consistent Performance
We partner with leaders who have a demonstrated track record of success in both professional and personal journeys.
Case Studies
CloudFactory
CloudFactory provides human-in-the-loop AI solutions to support companies with their AI development lifecycles. More than 7,000 expertly trained and managed data analysts provide critical infrastructure support for the growing AI market across the globe. CloudFactory is on a mission to connect one million talented people to economic and leadership opportunities in emerging markets.
Xendit
Xendit is the leading payment gateway solution that helps businesses make payments simple, secure, and easy for customers across Southeast Asia. Xendit was the first Indonesian company to join Y Combinator (S15), the world’s leading startup accelerator and and ranks #31 in YC’s Top Private YC Companies by Valuation list. Beyond helping businesses securely process millions of transactions monthly , Xendit offers remittance products for workers abroad seeking to send wages back home efficiently and cost-effectively.
Fringe
Fringe is a digital employee benefits platform providing HR benefits tailored to employees’ life stages and lifestyles. Customizable benefits delight workers, strengthen families, and improve the bond between workers and employers. The founders have created a culture where people love to work and relationships thrive, as recognized by Glassdoor, Great Place to Work, and Inc. Best Workplaces.
These case studies are examples of holdings and are subject to change without notice. The companies have been selected based on the top positions by fair value and exit value by fund as of 12/31/23 to help illustrate the investment process described herein.