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§ Venture Capital · 3000 Sand Hill Rd, Building 4, Menlo Park, California 94025, US
Seligman Ventures operates as the venture capital arm of Seligman Investments, targeting technology companies from early-stage through pre-IPO. The firm focuses on critical infrastructure development across artificial intelligence, cloud computing, next-generation data centers, and cybersecurity. It backs enterprises with profound technical advantages and operational execution.
The venture platform was formed to extend Seligman Investments' decades of technology insight into venture capital. Managing Partners Umesh Padval and Ashish Kakran lead the firm, drawing on extensive experience in operating, investing, and scaling businesses. This leadership applies a founder-first philosophy, supporting ambitious engineering challenges from inception.
Seligman Ventures partners with founders building transformative technologies within its core investment areas. The firm offers comprehensive support, guiding companies from initial development through public market entry. Its vision is to assist these businesses in navigating pivotal growth stages, enabling them to achieve full potential via strategic industry connections.
Seligman Ventures has 1 tracked investment across 1 company. The latest tracked deal is $350.0M Series E in SambaNova in February 2026.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Feb 9, 2026 | SambaNova | $350.0M Series E | Cambium Capital Partners, Vista Equity Partners | Intel Capital, 8square, A+E Networks, Assam Ventures, Atlantic Bridge, Battery Ventures, BlackRock, GV, Gulf Energy, Mayfield, Nepenthe Capital, Nuri Capital, Redline Capital, Saudi First Data, T. Rowe Price Associates |