# Shasta Ventures: portfolio, investments and team

> Shasta Ventures is a vc firm based in United States. 353 investments on record, 9 in the last 12 months, latest Aug 2026.

Source: https://millionrounds.com/fund/shasta-ventures (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Shasta Ventures

Last cheque observed Aug 2026; 353 cheques on record.

Email

Deploying now New fund $13M, Oct 2026 VC firm

Pre-seed Seed Series A Recurring Data Privacy

Follow Shasta Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fshasta-ventures)

Deploying now

**60%** of best year **9** **cheques in 12 months**, 353 on record

Since the last cheque **71** days **00** hrs **00** min **00** sec

Median round **$15M** Cheque size, as they say **$250K – $10M** Rounds led **8 of 353** Sole investor **25 rounds** Exits **44 from the portfolio** Mostly in **United States, 68%**

Pitch Shasta Ventures

## Shasta Ventures highlights

- 01 9 cheques in the last 12 months
- 02 Mostly Series A and Series B: 61% of its rounds
- 03 Sole investor in 25 rounds, median $7.5M
- 04 44 exits from the portfolio

## What they do

> Filed 1 private fund offering with the SEC, the most recent in 2021-03 From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $250K – $10M as they say
- **Stages:** Pre-seed Seed Series A Series B Growth Pre-IPO
- **Sectors:** Recurring Data Privacy
- **Based in:** Portola Valley, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **353 appearances**

- **2026** 6 rounds
- **Aug** **[Vessev](https://millionrounds.com/company/vessev)** Series A · NZ · Startup Daily **$19M** With 6 others
- **Jun** **[Dawn Aerospace](https://millionrounds.com/company/dawn-aerospace)** Series B · NZ · Firms' own news pages **$25M** With 18 others
- **May** **[Alitheon](https://millionrounds.com/company/alitheon)** Venture · US **$8.0M** Sole investor
- **Mar** **[Beautiful.ai](https://millionrounds.com/company/beautiful-ai)** Debt · US **$45M** With 2 others
- **Mar** **[Askmee](https://millionrounds.com/company/askmee)** Seed · US **$705K** Sole investor
- **Jan** **[Interlune](https://millionrounds.com/company/interlune)** Seed · US **$500K** With 4 others
- **2025** 13 rounds
- **Dec** **[LawVu](https://millionrounds.com/company/lawvu)** Venture · NZ **$6.0M** With 4 others
- **Nov** **[Portal26](https://millionrounds.com/company/portal26)** Series A · US **$9.0M** With 1 other
- **Nov** **[Anzen](https://millionrounds.com/company/anzen)** Series A · US **$16M** With 3 others
- **Oct** **[Starship Technologies](https://millionrounds.com/company/starship-technologies)** Series C · US **$50M** With 3 others
- **Oct** **[Bild](https://millionrounds.com/company/bild)** Series A · US **$9.0M** With 3 others
- **Jul** **[Flyhomes](https://millionrounds.com/company/flyhomes)** Series D · US **$15M** With 4 others
- **Jul** **[Wisq](https://millionrounds.com/company/wisq)** Series A · US **$15M** With 2 others
- **Jun** **[Tracksuit](https://millionrounds.com/company/tracksuit)** Series B · NZ · Startup Daily **$38M** With 5 others
- **Jun** **[Deep Sentinel](https://millionrounds.com/company/deep-sentinel)** Series B · US **$15M** With 3 others
- **Apr** **[Recurve](https://millionrounds.com/company/recurve)** Venture · US **$12M** With 1 other
- **Apr** **[Anecdotes](https://millionrounds.com/company/anecdotes)** Series B · US **$30M** With 2 others
- **Apr** **[Literati](https://millionrounds.com/company/literati)** Venture · US **$4.9M** With 4 others
- **Mar** **[Cloudsmith](https://millionrounds.com/company/cloudsmith)** Series B · GB · Frontline Ventures **$23M** With 5 others
- **2024** 8 rounds
- **Dec** **[Zenno Astronautics](https://millionrounds.com/company/zenno-astronautics)** NZ · Nuance Connected Capital **Undisclosed** With 4 others
- **Dec** **[Outpost](https://millionrounds.com/company/outpost)** Grant · GB **$19M** With 2 others
- **Nov** **[Auror](https://millionrounds.com/company/auror)** Series C · NZ · Startup Daily **$49M** With 9 others
- **Oct** **[Aerolane](https://millionrounds.com/company/aerolane)** US **$9.5M** With 2 others
- **Sept** **[Interplay Learning](https://millionrounds.com/company/interplay-learning)** Growth · US **$20M** With 4 others
- **Sept** **[Accion Systems](https://millionrounds.com/company/accion-systems)** Venture · US **$5.7M** With 4 others
- **May** **[Voxel51](https://millionrounds.com/company/voxel51)** Series B · US · Firms' own news pages **$30M** With 5 others
- **Mar** **[LeakSignal](https://millionrounds.com/company/leaksignal)** Seed · US **$1.6M** With 2 others
- **2023** 5 rounds
- **Sept** **[Akka](https://millionrounds.com/company/akka)** Venture · ES **$4.0M** With 2 others
- **Aug** **[Volley](https://millionrounds.com/company/volley)** Seed · US **$144K** With 1 other
- **May** **[Cequence Security](https://millionrounds.com/company/cequence-security)** US · Prosperity7 Ventures **Undisclosed** With 6 others
- **May** **[Resilinc](https://millionrounds.com/company/resilinc)** Venture · US **Undisclosed** With 4 others
- **Mar** **[Lightup](https://millionrounds.com/company/lightup)** Series A · US **$9.0M** With 3 others
- **2022** 13 rounds
- **Nov** **[Private AI](https://millionrounds.com/company/private-ai)** Series A · CA **$8.0M** With 3 others
- **Nov** **[Impact](https://millionrounds.com/company/impact)** Series B · US **$15M** With 1 other
- **Nov** **[Elevate Security](https://millionrounds.com/company/elevate-security)** Venture · US **Undisclosed** With 4 others
- **Aug** **[Zenno Astronautics](https://millionrounds.com/company/zenno-astronautics)** Seed · NZ · Nuance Connected Capital **$6.4M** With 8 others
- **Jun** **[Portainer](https://millionrounds.com/company/portainer)** Series A · NZ **$6.2M** With 3 others
- **Jun** **[Deno](https://millionrounds.com/company/deno)** Series A · US **$21M** With 3 others
- **May** **[Shabodi](https://millionrounds.com/company/shabodi)** Series A · CA **$10M** With 3 others
- **Mar** **[CommerceIQ](https://millionrounds.com/company/commerceiq)** Series D · US **$115M** With 4 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **8 named**

DP **Doug Pepper** A Managing Director of the General Partner i Filing they signed

JM **Jacob Mullins** Managing Director of the General Partner i Filing they signed

JM **Jason Matthew Pressman** A Managing Director of the General Partner i Filing they signed

NB **Nikhil Basu Trivedi** A Managing Director of the General Partner i Filing they signed

RM **Ravi Mohan** A Managing Director of the General Partner i Filing they signed

RC **Rob Coneybeer** A Managing Director of the General Partner i Filing they signed

RP **Rose Paige Kelly** Vp Finance i Form ADV

TF **Tod Francis** A Managing Director of the General Partner i Filing they signed

We also hold **14** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$976M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Shasta Ventures Management, LLC
- **SEC number:** CRD 162676

Who backs their funds

## 1 LP on record in Shasta Ventures's funds

- **Committed:** $109M
- **Funds:** 4
- **Vintages:** 2008 to 2017

The institutions that put money into its funds, which the firm then invests in companies. Source: the pension's own report, latest Jun 2025.

- [**California State Teachers Retirement System** 4 funds *$109M*](https://millionrounds.com/fund/california-state-teachers-retirement-system) Fund Vintage Committed Shasta Ventures V 2017 $35M Shasta Ventures IV 2014 $25M Shasta Ventures III 2012 $27M Shasta Ventures II 2008 $23M

## Exits from the portfolio

Companies it backed that were later bought or listed **44 in all**

**[BigBox VR](https://millionrounds.com/company/bigbox-vr)** Bought by [Facebook](https://millionrounds.com/fund/facebook) **Undisclosed** Jun 2021

**[AppSheet](https://millionrounds.com/company/appsheet)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Jan 2020

**[Socratic](https://millionrounds.com/company/socratic)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Oct 2019

**[Eero](https://millionrounds.com/company/eero)** Bought by [Amazon](https://millionrounds.com/fund/amazon) **$97M** Feb 2019

**[Glint](https://millionrounds.com/company/glint)** Bought by [Microsoft](https://millionrounds.com/fund/microsoft) **$400M** Oct 2018

**[Fountain](https://millionrounds.com/company/fountain)** Bought by Porch **Undisclosed** Oct 2015

**[StrongLoop](https://millionrounds.com/company/strongloop)** Bought by [IBM (International Business Machines)](https://millionrounds.com/fund/ibm-international-business-machines) **Undisclosed** Sept 2015

**[VoloMetrix](https://millionrounds.com/company/volometrix)** Bought by [Microsoft](https://millionrounds.com/fund/microsoft) **$250M** Sept 2015

**[OUYA](https://millionrounds.com/company/ouya)** Bought by [Razer](https://millionrounds.com/fund/razer) **Undisclosed** Jul 2015

**[Path](https://millionrounds.com/company/path)** Bought by [Daum Kakao](https://millionrounds.com/fund/daum-kakao) **Undisclosed** May 2015

**[WatchDox](https://millionrounds.com/company/watchdox)** Bought by [BlackBerry](https://millionrounds.com/fund/cylance) **Undisclosed** Apr 2015

**[Mamapedia](https://millionrounds.com/company/mamapedia)** Bought by Get It® **Undisclosed** Sept 2014

**[Luminate](https://millionrounds.com/company/luminate)** Bought by [Yahoo!](https://millionrounds.com/fund/yahoo) **Undisclosed** Sept 2014

**[Plastic Jungle](https://millionrounds.com/company/plastic-jungle)** Bought by CardCash.com **Undisclosed** Jul 2014

**[Caring.com](https://millionrounds.com/company/caring-com)** Bought by Bankrate **$54M** May 2014

**[Adometry By Google](https://millionrounds.com/company/adometry-by-google)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** May 2014

**[Simple](https://millionrounds.com/company/simple)** Bought by [Banco Bilbao Vizcaya Argentaria](https://millionrounds.com/fund/banco-bilbao-vizcaya-argentaria) **$117M** Feb 2014

**[Nest Labs](https://millionrounds.com/company/nest-labs)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **$3.2B** Jan 2014

**[Clickability](https://millionrounds.com/company/clickability)** Bought by Upland Software **Undisclosed** Dec 2013

**[NodeFly](https://millionrounds.com/company/nodefly)** Bought by StrongLoop **Undisclosed** Jul 2013

The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$13M**

raised in Oct 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$15M** the round, not its cheque Alone, median **$7.5M**

Led 8 of 353 rounds **2%**

- **Said size:** $250K – $10M
- **Sole investor:** 25 rounds
- **Last cheque:** Aug 2026
- **Exits:** 44 from the portfolio

Rounds by stage said on their site

- Series A said *112*
- Series B said *84*
- Series C *45*
- Seed said *37*
- Venture *23*
- Series D *20*
- Pre-seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [First Round Capital](https://millionrounds.com/fund/first-round-capital) 36
- [Greylock](https://millionrounds.com/fund/greylock-partners) 22
- [TA Ventures](https://millionrounds.com/fund/ta-ventures) 20
- [Benchmark](https://millionrounds.com/fund/benchmark) 19
- [Norwest Venture Partners](https://millionrounds.com/fund/norwest) 19
- [Google Ventures](https://millionrounds.com/fund/gv) 16

**Pitching Shasta Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Shasta Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**First Round Capital** VC firm **36** rounds together](https://millionrounds.com/fund/first-round-capital)[**Greylock** VC firm **22** rounds together](https://millionrounds.com/fund/greylock-partners)[**TA Ventures** VC firm **20** rounds together](https://millionrounds.com/fund/ta-ventures)[**Benchmark** VC firm **19** rounds together](https://millionrounds.com/fund/benchmark)[**Norwest Venture Partners** VC firm **19** rounds together](https://millionrounds.com/fund/norwest)[**Google Ventures** Corporate VC **16** rounds together](https://millionrounds.com/fund/gv)[**Andreessen Horowitz** VC firm **14** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**Felicis** VC firm **14** rounds together](https://millionrounds.com/fund/felicis-ventures)[**Redpoint** VC firm **13** rounds together](https://millionrounds.com/fund/redpoint)[**Granite Ventures** VC firm **12** rounds together](https://millionrounds.com/fund/granite-ventures)[**Tenaya Capital** VC firm **12** rounds together](https://millionrounds.com/fund/tenaya-capital)[**Trident Capital** VC firm **11** rounds together](https://millionrounds.com/fund/trident-capital)

## Recently backed

The latest companies Shasta Ventures put money into.

[**Vessev** $19M · Aug 2026](https://millionrounds.com/company/vessev)[**Dawn Aerospace** $25M · Jun 2026](https://millionrounds.com/company/dawn-aerospace)[**Alitheon** $8.0M · May 2026](https://millionrounds.com/company/alitheon)[**Beautiful.ai** $45M · Mar 2026](https://millionrounds.com/company/beautiful-ai)[**Askmee** $705K · Mar 2026](https://millionrounds.com/company/askmee)[**Interlune** $500K · Jan 2026](https://millionrounds.com/company/interlune)

## On podcasts

5 episodes naming Shasta Ventures in the title, and 4 more that mention it.

- [The Official SaaStr Podcast](https://millionrounds.com/podcasts/saastr) 4 Jun 2018 · 29 min SaaStr 178: 10 Key Lessons From Scaling Marketo to IPO with Phil Fernandez, Former Marketo CEO & Venture Partner @ Shasta Ventures With [Phil Fernandez](https://millionrounds.com/person/phil-fernandez) Mentions [Shasta Ventures](https://millionrounds.com/fund/shasta-ventures)[Vista Equity Partners](https://millionrounds.com/fund/vista-equity-partners) Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 19 Jul 2017 · 26 min 20VC: Why It Is BS That You Never Regret Paying A High Price To Get Into A Good Company, Why There Are Only 2 Price Points That Work in SaaS and Why eSports Will Be Bigger Than Traditional Sports in 5 Years Time with Jason Pressman @ Shasta Ventures With [Jason Pressman](https://millionrounds.com/person/jason-pressman) Mentions [Shasta Ventures](https://millionrounds.com/fund/shasta-ventures) Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 27 Jul 2016 · 29 min 20VC: Mythbuster: Is Mobile Dying? Is AR/VR Overhyped? Is The Excitement Around Bots Justified with Sean Flynn, Partner @ Shasta Ventures Mentions [Shasta Ventures](https://millionrounds.com/fund/shasta-ventures) Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 1 Jun 2016 · 28 min 20VC: The Future For Autonomous Vehicles & How Software Is Eating Cars with Nikhil Basu Trivedi, Investor @ Shasta Ventures With [Nikhil Basu Trivedi](https://millionrounds.com/person/nikhil-basu-trivedi) Mentions [Shasta Ventures](https://millionrounds.com/fund/shasta-ventures) Apple PodcastsShow page
- [The Official SaaStr Podcast](https://millionrounds.com/podcasts/saastr) 25 Mar 2016 · 25 min Saastr 007: What It Takes To Get Series A Investor Interested and Guidelines To Manage Your Burn Rate with Doug Pepper, Partner @ Shasta Ventures With [Doug Pepper](https://millionrounds.com/person/doug-pepper) Mentions [Shasta Ventures](https://millionrounds.com/fund/shasta-ventures)[Harry Stebbings](https://millionrounds.com/fund/harry-stebbings) Apple PodcastsShow page

### Mentioned in

- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 6 Sept 2023 · 1h 1m 20VC: Why Small Funds Outperform Large Funds & AUM is a Vanity Metric | Why 99% of Investments in AI Startups Will Go To Zero | Being a "Traction First" VC & Investing Lessons from Investing in Canva and Missing Figma with Nikhil Basu-Trivedi Apple PodcastsShow page
- [The Official SaaStr Podcast](https://millionrounds.com/podcasts/saastr) 2 Apr 2020 · 22 min SaaStr 322: ICONIQ Capital General Partner Doug Pepper on Key Lessons from a $5B SaaS Category Leader Apple PodcastsShow page
- [Village Global Podcast](https://millionrounds.com/podcasts/village-global) 26 Mar 2019 · 38 min CPG, Defensibility, Finding The Next Instagram - Everything Consumer in 2019 with Rebecca Kaden, Nikhil Basu Trivedi and Jonathan Yoni Regev Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 28 Apr 2017 · 28 min 20VC: Why Move Fast and Break Things Is Not Right, How To Instil Radical Candor In Your Organisation & What Founders Must Ask For From Their Investors with Jason Brown, Founder & CEO @ Tally Apple PodcastsShow page

## Quick answers about Shasta Ventures

### What does Shasta Ventures invest in?

Shasta Ventures invests most often at Series A and Series B (61% of the rounds on record), in sectors such as Recurring, Data and Privacy.

### How active is Shasta Ventures?

353 investments on record, 9 of them in the last 12 months, and it led 8. The most recent was in Aug 2026.

### What has Shasta Ventures invested in recently?

Its most recent investments on record: Vessev (Series A, Aug 2026), Dawn Aerospace (Series B, Jun 2026) and Alitheon (Venture, May 2026).

### How big are Shasta Ventures's cheques?

The median round it joins is $15M. It says it writes cheques of $250K to $10M.

### Does Shasta Ventures lead rounds?

Sometimes: it led 8 of its 353 investments on record (2%).

### Where does Shasta Ventures invest?

Most of the companies it backs are in the United States (68%), New Zealand (20%) and the United Kingdom (5%).

### Is Shasta Ventures investing now?

Yes: it is actively investing, with 9 investments in the last 12 months.

### Who does Shasta Ventures invest alongside?

Most often First Round Capital (36 rounds together), Greylock (22 rounds together) and TA Ventures (20 rounds together).

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