Sumant Mandal — March Capital Partners

Co-Founder and Managing Partner

THE LATEST: March Capital announced in January that it had closed a $450 million fund focusing on enterprise software companies. According to the firm, it has now generated more than $1 billion in profits in its first two funds through exits that include CrowdStrike Holdings Inc., which went public in 2019, and VeloCloud, which was acquired in 2017 by VMWare Inc.
BACKGROUND: Mandal co-founded March Capital Partners in 2014 and has also launched tech incubators the Hive and the Fabric. Mandal has helped incubate more than 25 companies and has led investments for BillDesk, VeloCloud Networks Inc. and CarTrade.com. Mandal sits on the boards of multiple companies, including CarTrade, SparkCognition Inc. and Xage Security Inc.
YEARS ON THE LA500: 3
Return to the 2021 edition of the LA500.