Early capital where regulation meets technology.
Sona Capital and Sona Advisors are the investment companies of Jessica Billingsley: founder, former Nasdaq CEO, and public company director. The portfolio below includes companies she has backed through Sona and personally, across fintech, AI, cybersecurity, and life sciences.
Banking delivered through employer payroll for workers the system overlooks.
An AI assistant that schedules meetings straight from email.
Scam and fraud verification for families and businesses.
Swiss EU-GMP pharmaceutical manufacturer.
Identity, access, and ticketing technology.
AI transformation for operating companies.
QR labels that link physical items to digital content.
Personal investments across a diversified set of Web3 and blockchain projects.
Recovery and wellness centers in Opportunity Zones.
Investing since 2022. Logos are trademarks of their respective companies.
About Jessica
Founder, public company CEO, and now investor.
Jessica Billingsley co-founded a regulatory-compliance software company, took it public on Nasdaq as Akerna, and led it as Chair and CEO through seven acquisitions to a strategic exit.
Today she is Managing Partner of MacArthur Holding Company, a family office-focused merchant bank, serves on public and private boards, and backs founders personally and through Sona. She writes for Rolling Stone and Entrepreneur, and is a lifelong rock climber.
- Four public company boards
- Vice Chair, YPO Entrepreneurship Network
- Fortune Most Promising Women Entrepreneurs
- Inc. Top 100 Female Founders
I’m far more afraid of failing to risk than risking and failing.Jessica on Voices of Athena
Rolling Stone Culture Council
Columns
- The Third Year Leaps, but Nobody Talks About Those First Two Years
2026 Tech Predictions: What’s Coming, What’s Changing, What’s Next- The Quiet Revolution of Agentic AI: Five Contrarian Truths About What Comes Next
The Hero’s Journey of a Deal: Knowing When to Answer the Call- When Your Company Becomes the Story: Leadership, Identity and the Long Shadow of Crisis
Decoupling Growth from Jobs: The New AI-Driven Market Economy
Beyond the Cult of the Founder: Why Vision Matters but Ecosystems Win
2025 Tech Predictions: Riding the Tsunami of Innovation
Rethinking ROI: How AI and Emerging Technologies Deliver Real Value
The Entrepreneur’s Playbook: Five Strategies for Success
The Great Computing Power Chase: Why It Matters and How We’ll Win
The Power of the 4 Ps Framework: How to Have More Effective, Strategic 1:1s
Money Reimagined: What Is Your Financial Love Language?
The 2024 Tech Wave: Predicting the Next Big Shifts in Frontier Technology- Beyond Corporate AI: Why We Need an Open-Source Revolution
- Thriving in the Web 3.0 Era: How Traditional Media and Finance Can Adapt
How Blockchain Technology Facilitates Citizen Disruption of Innovation
Columns open as PDFs. Also published in Entrepreneur: Keeping Talented Women in the Tech Workforce.
Media
In the media
Interviews
- Reflect Forward2024With Kerry Siggins, on leadership lessons from rock climbing
- Voices of Athena2022Athena Alliance: “No Right Way to Do Life”
- The New Chardonnay2021With Heather Cabot, on managing risk
- Elevate Your Grind2020Building and scaling a company
- Bloomberg Tech · CNN · Yahoo Finance2019Business TV around the Nasdaq listing