Updated:
Meteor5 Capital Advisors
Meteor5 Capital Advisors was established in the mid-2010s by Bobby Yazdani, who previously founded Saba Software, one of the early enterprise talent-management...
Meteor5 Capital Advisors
Meteor5 Capital Advisors was established in the mid-2010s by Bobby Yazdani, who previously founded Saba Software, one of the early enterprise talent-management platforms that went public in 2000 and was later acquired by Cornerstone OnDemand. The wealth underlying the firm stems directly from Yazdani's two-decade run as a technology operator, giving Meteor5 a practitioner's lens rare among passively allocated family offices. The firm pursues a concentrated strategy spanning early-stage venture, growth equity, and select fund commitments. Meteor5 deploys capital primarily into enterprise software, AI/ML platforms, and digital health — a thematic extension of Yazdani's own operating history. Confirmed portfolio activity includes positions in Writer, a generative AI platform for the enterprise, and involvement with emerging managers in the Los Angeles and San Francisco ecosystems. The office writes checks from pre-seed through Series B, occasionally participating in later-stage rounds alongside established venture firms. Geographically, investments concentrate in the United States, with a secondary presence in select European technology hubs. Meteor5 operates with a lean team centered on Yazdani, supported by a small investment staff in Los Angeles. The firm does not publicly disclose headcount or aggregate deployment figures. Beyond direct investing, Yazdani participates actively in the angel-investing community and maintains relationships across the Silicon Valley and Southern California venture networks, though the office does not operate as a multi-family office or formal investor club. In May 2024, Yazdani was publicly listed as an anchor limited partner in a new AI-focused venture fund raised by a former Saba executive (per SEC filings, 2024). The structural differentiator is Yazdani's dual identity as both an institutional LP and an active angel. This gives Meteor5 access to allocations typically reserved for established venture franchises while maintaining the speed and discretion of a family office. The firm's investment committee is effectively Yazdani himself — flattening decision-making in a way institutional limited partners cannot replicate.
General information
Firm type
Single Family Office
Year founded
—
AUM
$200M - $500M (Altss estimate)
Location
Region
North America
Country
United States
City
Los Angeles
Corporate office
Los Angeles, CA, United States
Principals
Bobby Yazdani
Founder & Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Meteor5 Capital Advisors?
Bobby Yazdani, the founder and managing partner, serves as the sole investment decision-maker. Yazdani founded Saba Software in 1997 and led the company through its IPO and eventual acquisition. The firm does not maintain a formal investment committee beyond Yazdani himself, giving it the ability to move from first meeting to term sheet faster than most institutional vehicles.
How does Meteor5 source its deal flow?
The firm sources primarily through Yazdani's personal network of technology founders, venture capitalists, and former Saba Software executives. This network, built over two decades in Silicon Valley and Los Angeles, provides access to founder-led rounds and emerging-manager funds that do not broadly market to institutional LPs. Meteor5 also receives inbound from accelerators and university ecosystems where Yazdani maintains relationships.
Is Meteor5 structured as a single-family office or does it operate more like a venture firm?
Meteor5 is legally structured as a single-family office managing capital for Bobby Yazdani and his family, but its investment behavior shares traits with both a venture firm and an angel syndicate. The office writes direct checks into startups, participates in fund commitments as a limited partner, and occasionally co-invests alongside venture firms. It does not manage outside capital, which exempts it from SEC registration as an investment adviser.
Where does the underlying wealth come from?
The capital originates from Yazdani's exit from Saba Software, the enterprise learning and talent-management platform he founded in 1997. Saba went public on the Nasdaq in 2000 and was acquired by Cornerstone OnDemand in a transaction valued at approximately $1.3 billion. Yazdani's proceeds from that exit form the core of Meteor5's investable asset base.
Does Meteor5 participate in fund commitments or only direct deals?
Meteor5 engages in both direct startup investments and fund commitments as a limited partner. The firm has backed emerging venture funds, particularly those raised by operators Yazdani knows personally. Direct investments tend to fall in the pre-seed through Series B range, concentrating on enterprise SaaS, AI platforms, and vertical-software companies.
Which sectors does Meteor5 explicitly avoid?
The firm does not invest in consumer internet, hardware, biotech, or cryptocurrency projects. Meteor5's mandate is tightly scoped to enterprise software, applied AI, digital health, and select fintech platforms — sectors where Yazdani's personal operating experience provides genuine diligence advantages. The office has publicly stated no interest in capital-intensive, regulatory-heavy, or consumer-facing categories.
What is Meteor5's known posture on co-investments alongside external GPs?
Meteor5 selectively co-invests alongside established venture firms, particularly in rounds where Yazdani's operator background adds value to the syndicate. The firm does not formally syndicate its own deals but will participate in SPVs and sidecar vehicles when invited by general partners with whom Yazdani has pre-existing relationships. Co-investment rights are negotiated on a deal-by-deal basis rather than through blind-pool commitments.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: