VC  Seligman Ventures

https://www.seligman.com/




     Office Locations:

3000 Sand Hill Rd, Building 4, Suite 210
Menlo Park, CA 94025

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Stages:

  • Early
  • Expansion
  • Growth
 
Industries:

  • Information Technology
  • Software & Internet


    		•
     
    Description:

    Seligman Ventures, a new venture capital arm of Seligman Investments backed with $500 million, designed to invest across early-stage to pre-IPO technology companies in the AI and cloud infrastructure, cybersecurity, and modern data-center hardware verticals. Led by Managing Partners Umesh Padval and Ashish Kakran, and CFO and Operating Partner Eddie Ackerman, the firm brings together deep operating, investing, and public-markets expertise to partner with founders building category-defining companies.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)    		No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)    		$2M-$7M
    Expansion Stage
    (also called Late-stage)    		$7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     
    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or New York Database subscription.
    Ashish Kakran Managing Partner
    Eddie Ackerman CFO & Operating Partner
    Umesh Padval Managing Partner

     
    Recent Funding Events (trailing 12 months):


      Date
      Name
      State
      Amount
      Stage

      08/25/2026
      Velaura AI
      CA
      $110,000,000
      Series A

      08/11/2026
      Lumilens
      CA
      $900,000,000
      Venture

      08/04/2026
      Eliyan
      CA
      $145,000,000
      Series C

      07/13/2026
      SambaNova
      
      $1,000,000,000
      Series F

      06/22/2026
      Upscale AI Networking
      CA
      $190,000,000
      Series A Extension

      04/05/2026
      Cognichip
      CA
      $60,000,000
      Series A

      03/25/2026
      EPIC Microsystems
      CA
      $21,000,000
      Series A

     
    Portfolio companies include:


      Cognichip
        web link


      Eliyan
        web link


      EPIC Microsystems
        web link


      Lumilens
        web link


      SambaNova
        web link


      Upscale AI Networking
        web link


      Velaura AI
        web link


     
    Recent News: