Sumant Mandal is Managing Director and co-founder of The Hive – a studio to co-create, fund, and launch AI-powered enterprise startups. Sumant is also Managing Director and co-founder of LA-based March Capital Partners. He has been part of incubating more than 25 companies. Sumant leads investments in Cloud Computing, IoT, AI/ML, and Network Infrastructure as well as companies supporting the Indian market.
In his nearly two decades of venture capital, Sumant has generated multiple meaningful exits in companies he has either incubated or been the first institutional investor. In 2000, Sumant joined Clearstone Venture Partners, where he went on to become a Managing Director four years later. Prior to Clearstone, Sumant spent more than eight years as an entrepreneur, starting companies in both India and the United States.
Sumant has an M.B.A. from the Kellogg Graduate School of Management at Northwestern University, and a B.S. in Electrical Engineering from Michigan State University. He is a Charter Member of TiE.
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