# Shasta Ventures

> Shasta Ventures is a California venture capital firm founded in 2004 that backs early-stage technology companies. Known for investments including Nest, Anaplan, Zuora and Nextdoor, it currently describes its focus as software, AI and deep technology. It combines equity investment with operating experience and founder support.

- **Founded:** 2004
- **Headquarters:** Portola Valley, United States
- **Founders:** Rob Coneybeer (Co-founder), Ravi Mohan (Co-founder), Tod Francis (Co-founder)
- **Products:** Early-stage venture investment, Shasta Elevate, Shasta Camera Fund
- **Notable:** Early investor in Nest, acquired by Google in 2014., Anaplan’s 2018 IPO filing disclosed a 12.8% pre-offering stake held by Shasta Ventures II., Raised a $300 million fourth fund in June 2014.

## Products & services

- **Early-stage venture investment** — Equity capital for technology startups, historically including Series A and Series B investments.
- **Shasta Elevate** — Founder playbooks, tools and scaling support described on the firm’s LinkedIn profile; current availability is not independently established.
- **Shasta Camera Fund** — 2017 initiative carved out of Fund V for pre-seed and seed camera, augmented reality and virtual reality startups, with investments up to $100,000.

## Achievements

- Early investor in Nest, acquired by Google in 2014.
- Anaplan’s 2018 IPO filing disclosed a 12.8% pre-offering stake held by Shasta Ventures II.
- Raised a $300 million fourth fund in June 2014.

## Latest updates

- **2025-11** — Led Portal26’s $9 million Series A.
- **2026-02** — Participated in Overland AI’s announced $100 million financing package, including $20 million in venture debt; Shasta’s individual commitment was not disclosed.

## Links

- Website: https://www.shasta.vc/
- LinkedIn: https://www.linkedin.com/company/shasta-ventures
- Twitter/X: https://twitter.com/shasta
- Facebook: https://facebook.com/pages/Shasta-Ventures/348680362562

---

Profile page: https://yespress.io/shasta-ventures
Published by YesPress — https://yespress.io
Last updated: 2026-10-27