Phil Sorgen Joins Tola Capital as Venture Partner

Proven Sales & Marketing Leader with Track Record of Driving Revenue to Serve as Expert for Portfolio Companies

SEATTLE–(BUSINESS WIRE)–Tola Capital, a venture capital firm that believes in the power of software and data to transform the way the world works, today announces that Phil Sorgen has joined its team as a Venture Partner. Phil will be part of the Tola investment team, serve on boards, and guide companies on their sales and growth strategies.

Phil Sorgen has grown depth and breadth businesses at scale. Most recently, he was the Chief Revenue Officer for RingCentral, where he led the company’s global sales and partner organization. Prior to this role he spent 24 years at Microsoft, most recently as a Corporate Vice President, leading Microsoft’s U.S. Enterprise Commercial Group, an organization responsible for helping the company’s largest commercial customers in the U.S. navigate digital transformation. Previously, Phil held several leadership roles with Microsoft, which included leading the channel strategy for the worldwide partner network, running the Small and Mid-Market Solutions and Partners business, where he was responsible for sales, marketing and partner management, managing the Dynamics and Service Provider businesses across all customer segments, as well as serving as President of Microsoft Canada.

“We’re thrilled to welcome Phil as our first Venture Partner. He is a deep software expert and a seasoned business leader with a wealth of expertise in global enterprise sales and partnerships. He has already added immense value across the Tola portfolio as part of our Enterprise Leadership Council and in his Director role at our portfolio company, Glia. He is engaging and effective as a coach, and we’re excited to share his expertise more broadly with our founders,” said Sheila Gulati, Founder and Managing Director of Tola Capital.

Phil’s track record follows a customer-first mindset and repeat success at scaling sustainable growth businesses that are centered around customer and partner relationships.

“I’m excited to tap into my experience and network in the world of enterprise software and become a part of the highly collaborative and engaged team at Tola Capital. Working with founders is inspiring to me, and I’m looking forward to rolling up my sleeves and engaging with them within the Tola portfolio,” said Sorgen.

To learn more about Tola Capital, visit https://www.tolacapital.com/

About Tola Capital

Founded in 2010 by ex-software operators, Tola Capital is a venture capital firm that believes in the power of software and data to transform the way the world works. Our diverse team provides hands-on engagement to founders who build solutions with the potential for long-term, transformational change. We invest globally across multiple stages and exclusively target companies led by exceptional talent who are building essential software for enterprise customers. For more information, visit https://www.tolacapital.com.

Contacts

Nicole Brunet

media@tolacapital.com