Seattle’s Tola Capital Raises $230M Third Fund to Back 25–30 Early-Stage AI and Enterprise Software Startups

Seattle-based Tola Capital has raised $230 million for its third fund aimed at investing in 25-30 early-stage AI and enterprise software startups, focusing on cloud computing and AI innovation. Founded by former Microsoft managers Sheila Gulati and Stacey Giard, Tola has invested in over 20 companies and plans seed to Series B investments ranging from $1 million to $15 million.

SSheila Gulati TTola Capital