Shasta Ventures
Shasta Ventures is an early-stage venture capital firm founded in 2004 that invests in software, AI, and deep technology companies, providing capital and operating experience to founding teams.
- Company typePrivate
- Founded2004
- HeadquartersPortola Valley, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Shasta Ventures does
Shasta Ventures is an early-stage venture capital firm founded in 2004 and headquartered in Portola Valley, California, operating through Shasta Ventures Management, LLC. The firm invests capital, strategic insight, and operating experience in founders building companies in software, artificial intelligence, and deep technology. It does not sell a product in the conventional sense; its core offering is venture capital partnership to early-stage founding teams, sourced primarily through direct founder outreach and network referrals from existing portfolio companies and advisors.
The firm earns revenue via the standard VC model: annual management fees as a percentage of committed capital under management, plus carried interest on profits above the hurdle rate from successful fund exits. Fee structures are privately negotiated with limited partners and are not publicly disclosed. Distribution of capital occurs exclusively through direct investment relationships with founders; the firm has no traditional product distribution channels and operates through a relatively small team of 11-50 personnel led by founding partners Ravi Mohan and Tod Francis, with managing directors including Jason Pressman, Rob Coneybeer, and Jacob Mullins, plus several venture partners.
Recent disclosed investment activity includes leading the $9 million Series A for Portal26 (a GenAI Adoption Management Platform), participating in the $100 million Series B for Overland AI (autonomous ground vehicles for defense applications), and participating in SpeQtral's $1.9 million seed round (space-based quantum communications). These deals position the firm across enterprise AI software, defense technology, and quantum communications verticals.
Shasta Ventures firmographics
Firmographics- Name
- Shasta Ventures
- Legal name
- Shasta Ventures Management, LLC
- Website
- https://shasta.vc
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Shasta Ventures is an early-stage venture capital firm founded in 2004 that invests in software, AI, and deep technology companies, providing capital and operating experience to founding teams.
- Ownership category
- akta.pro rank
Shasta Ventures industry classification
Industry- Product category
- Venture Capital
- NAICS
- All Other Financial Investment Activities (52399)
- SIC
- Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Early-Stage Venture Capital (Series A/B) (FSANAAAB)
- akta.pro secondary industry
- Early-Stage Venture Capital (Pre-Seed/Seed) (FSANAAAA)
Keywords
Where Shasta Ventures is headquartered
LocationHeadquarters
- HQ city
- Portola Valley
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Shasta Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Management Fees: VC firms typically charge annual management fees as a percentage of committed capital under management.
- Carried Interest: VC firms generate returns through carried interest (carry) from successful fund exits, typically 20% of profits above the hurdle rate.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Shasta Ventures product offering
Product offeringCore offering
Shasta Ventures provides early-stage venture capital to founders building companies in software, AI, and deep technology. The firm invests at the seed, Series A, and Series B stages, bringing capital, strategic insight, and operating experience to help shape and scale portfolio companies from inception. Recent investments include participation in Overland AI's $100 million round, leading Portal26's $9 million Series A, and participating in SpeQtral's $1.9 million seed round.
Product overview
Shasta Ventures is an early-stage venture capital firm that provides investment capital, strategic insight, and operating experience to founders building companies in software, AI, and deep technology. The firm does not offer a product portfolio in the traditional sense; its core offering is venture capital partnership and funding to early-stage companies.
Differentiator
Problem solved
Functional benefit
Products and services
- Early-stage venture capital investment Early-stage venture capital partnership providing capital investment, strategic guidance, and operating experience to founders building software, AI, and deep technology companies. The firm invests across seed, Series A, and Series B stages, as evidenced by participation in SpeQtral's $1.9M seed round, leading Portal26's $9M Series A, and participating in Overland AI's $100M Series B.
- Limited Partner portal access Secure online portal at shastavc.arkpes.com that allows Limited Partners of Shasta Ventures' affiliated fund vehicles to access fund information, reporting, and investor communications.
Companies that use Shasta Ventures
Customer profileNamed customers3 records
Segments1 record
Ideal customer profiles2 records
Shasta Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Shasta Ventures partnerships and signals
Strategic signalScale indicators1 record
Recent moves4 records
Expansion highlights4 records
Shasta Ventures competitors and assessment
Company assessmentDirect peers
- 8VC: 8VC is an early-stage venture capital firm focused on technology, defense, and deep tech. It led the $100M Overland AI round in which Shasta Ventures participated, making it a directly comparable early-stage co-investor with overlapping portfolio themes.
- Fusion Fund: Fusion Fund is an early-stage venture capital firm investing in AI, enterprise software, and frontier tech. It co-invested with Shasta Ventures in Portal26's $9M Series A, making it a directly comparable early-stage AI-focused peer.
- Point72 Ventures: Point72 Ventures is the early-stage venture arm of Point72, investing across enterprise software, AI, and deep tech. It co-invested with Shasta in Overland AI, making it a comparable early-stage tech investor with overlapping portfolio categories.
- Valor Equity Partners: Valor Equity Partners is a venture and growth equity firm investing across technology, aerospace, and frontier sectors. It co-invested with Shasta in Overland AI, making it a relevant peer with overlapping defense and deep tech exposure.
- Space Capital: Space Capital is an early-stage venture firm focused on space technology. It led SpeQtral's seed round in which Shasta Ventures participated, making it a directly comparable early-stage deep tech investor in the space/quantum domain.
- Golden Gate Ventures: Golden Gate Ventures is an early-stage venture capital firm focused on Southeast Asia. It co-invested with Shasta in SpeQtral, making it a comparable early-stage deep tech investor with regional focus.
- SGInnovate: SGInnovate is a Singapore-based early-stage investor in deep tech, including quantum and AI. It co-invested with Shasta in SpeQtral, making it a directly comparable deep tech seed-stage investor.
- Overmatch Ventures: Overmatch Ventures is an early-stage venture firm focused on defense and national security technology. It co-invested with Shasta in Overland AI, making it a closely aligned peer in the defense-tech vertical.
- Ascend Venture Capital: Ascend Venture Capital is an early-stage venture firm investing in technology and frontier sectors. It co-invested with Shasta in Overland AI, making it a comparable early-stage deep tech co-investor.
Broad incumbents
- Founders Fund: Founders Fund is a well-established Silicon Valley venture capital firm investing in early-stage technology companies across software, AI, and deep tech. It is a relevant broad incumbent peer operating in the same categories Shasta targets.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Shasta Ventures social profiles
Digital presenceShasta Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
Shasta Ventures leadership team
Management profileNumber of profiles
Profiles10 records
Shasta Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Shasta Ventures M&A and investment
M&A and investmentM&A
Investments479 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Shasta Ventures
What does Shasta Ventures do?
Shasta Ventures provides early-stage venture capital to founders building companies in software, AI, and deep technology. The firm invests at the seed, Series A, and Series B stages, bringing capital, strategic insight, and operating experience to help shape and scale portfolio companies from inception. Recent investments include participation in Overland AI's $100 million round, leading Portal26's $9 million Series A, and participating in SpeQtral's $1.9 million seed round.
Is Shasta Ventures a public or private company?
Shasta Ventures is a private company. It is classified as management employee owned and is currently operating.
When was Shasta Ventures founded?
Shasta Ventures was founded in 2004. It employs 11 to 50 people.
Where is Shasta Ventures based?
Shasta Ventures is headquartered in Portola Valley, United States, in the North America region.
How does Shasta Ventures make money?
Two revenue lines are on record. Management Fees are the primary driver. The others are carried Interest.
Who are Shasta Ventures's main competitors?
Direct peers on record are 8VC, Fusion Fund, Point72 Ventures, Valor Equity Partners, Space Capital, Golden Gate Ventures, SGInnovate, Overmatch Ventures and Ascend Venture Capital. Founders Fund is listed as a broad incumbent.
Does Shasta Ventures have an API?
No public API is recorded for Shasta Ventures.
What industry is Shasta Ventures in?
Shasta Ventures's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAB, Early-Stage Venture Capital (Series A/B), with a secondary code of FSANAAAA, Early-Stage Venture Capital (Pre-Seed/Seed). Its NAICS code is 52399 and its SIC code is 6282.