Shasta Ventures

Summary

In 2004 was created Shasta Ventures, which is appeared as VC. The leading representative office of defined VC is situated in the Menlo Park. The fund was located in North America if to be more exact in United States.

This organization was formed by Ravi Mohan, Rob Coneybeer. The overall number of key employees were 9.

The standard case for the fund is to invest in rounds with 4-5 partakers. Despite the Shasta Ventures, startups are often financed by Redpoint, FLOODGATE, Tenaya Capital. The meaningful sponsors for the fund in investment in the same round are Salesforce Ventures, Opus Capital, Mayfield Fund. In the next rounds fund is usually obtained by U.S. Venture Partners (USVP), Trident Capital, Meritech Capital Partners.

Besides, a startup needs to be aged 2-3 years to get the investment from the fund. For fund there is a match between the location of its establishment and the land of its numerous investments - United States. Among the various public portfolio startups of the fund, we may underline Apptio, Nextdoor, Zuora Among the most popular fund investment industries, there are SaaS, Marketing. The fund has no specific favorite in a number of founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little.

Deals in the range of 10 - 50 millions dollars are the general things for fund. This Shasta Ventures works on 11 percentage points less the average amount of lead investments comparing to the other organizations. The real fund results show that this VC is 14 percentage points more often commits exit comparing to other companies. The high activity for fund was in 2014. Despite it in 2019 the fund had an activity. The higher amount of exits for fund were in 2017. The fund is generally included in 13-24 deals every year. When the investment is from Shasta Ventures the average startup value is 100-500 millions dollars.