Shepherd Ventures logo

Shepherd Ventures

North America, California, United States, San Diego

Description

Shepherd Ventures is an established venture capital firm founded in 2001, headquartered in San Diego, California, strategically positioned within Southern California's burgeoning Tech Coast. The firm primarily focuses on early-stage technology companies, typically investing in Seed, Series A, and Series B rounds. Their investment philosophy centers on identifying and supporting strong management teams developing disruptive technologies across various sectors, including enterprise software, internet, digital media, and sometimes extending into cleantech and life sciences. Shepherd Ventures aims to be a value-add partner, leveraging its extensive network and operational expertise to help portfolio companies scale.

Over its two decades of operation, Shepherd Ventures has demonstrated a consistent commitment to the innovation ecosystem. The firm has successfully raised and deployed multiple funds, notably including Shepherd Ventures III and Shepherd Ventures IV, each with approximately $100 million in committed capital. This substantial capital base allows them to provide meaningful initial investments and subsequent follow-on funding to support the growth trajectories of their portfolio companies. Their geographic focus, while rooted in Southern California, extends to promising opportunities across the broader United States.

Shepherd Ventures has built a diversified portfolio with over 50 investments to date, leading to more than 10 successful exits through acquisitions or public offerings. The firm typically deploys initial checks ranging from $1 million to $5 million, depending on the stage and specific needs of the startup. This flexible approach enables them to participate in various early-stage opportunities, from nascent ideas requiring seed capital to more developed companies seeking Series A or B funding for expansion. Their long-standing presence and track record underscore their role as a significant player in the early-stage venture capital landscape.

Investor Profile

Shepherd Ventures has backed more than 25 startups, with 0 new investments in the last 12 months alone. The firm has led 3 rounds, about 12% of its total and boasts 7 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series Unknown, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Israel.
  • Strong thematic focus on Software, Health Care, Mobile.
  • Typical check size: $1M – $5M.

Stage Focus

  • Series A (28%)
  • Series Unknown (24%)
  • Series B (20%)
  • Series C (12%)
  • Series D (12%)
  • Convertible Note (4%)

Country Focus

  • United States (96%)
  • Israel (4%)

Industry Focus

  • Software
  • Health Care
  • Mobile
  • Enterprise Software
  • Ios
  • Biotechnology
  • Electronics
  • Hardware
  • Manufacturing
  • Wellness
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Shepherd Ventures frequently co-invest with?

Shea Ventures
North America, California, United States, Walnut
Co-Investments: 2
Access Industries
North America, New York, United States, New York
Co-Investments: 2
Mayfield Fund
North America, California, United States, Menlo Park
Co-Investments: 4
Essex Woodlands Healthcare Partners
North America, California, United States, Palo Alto
Co-Investments: 3
Technology Partners
North America, California, United States, Palo Alto
Co-Investments: 3
Advantage Capital
North America, Louisiana, United States, New Orleans
Co-Investments: 3
Palo Alto Investors
North America, California, United States, Palo Alto
Co-Investments: 3
Tech Coast Angels
North America, California, United States, Newport Beach
Co-Investments: 4
Vivo Capital
North America, California, United States, Palo Alto
Co-Investments: 3
Enterprise Partners
North America, California, United States, La Jolla
Co-Investments: 3

Which angels does Shepherd Ventures often collaborate with?

BC
North America, California, United States, Los Angeles
Shared Deals: 1
SC
North America, California, United States, San Diego
Shared Deals: 1
Shared Deals: 1
PM
North America, North Carolina, United States, Greensboro
Shared Deals: 1
BN
North America, California, United States, Los Angeles
Shared Deals: 1
JB
North America, California, United States, Santa Monica
Shared Deals: 1
Shared Deals: 1

What are some of recent deals done by Shepherd Ventures?

Cyabra

Tel Aviv, Tel Aviv, Israel

Cyabra shields companies and organizations by uncovering disinformation, bad actors, bot networks, and GenAI content online.

Big DataData VisualizationGovernmentGovTechNatural Language ProcessingSocial MediaSocial Media Marketing
Series AOct 26, 2021
Amount Raised: $5,600,000
Carepoynt

Newport Beach, California, United States

Carepoynt is the first Rewardsware for Healthcare program, platform and network for patients, providers, employers, payers and partners

Health CareHospitalLoyalty ProgramsMarketing AutomationMedicalWellness
Convertible NoteMar 5, 2018
TakeLessons

San Diego, California, United States

Acquired by Microsoft (MSFT). TakeLessons is an ed-tech company with a robust, engaging learning platform afor lifelong learning.

EdTechEducationMarketplaceMusicSoftwareTutoringVideoVideo Streaming
Series AAug 3, 2011
Amount Raised: $6,000,000
Revance Therapeutics

Newark, California, United States

Revance is a biotechnology company focusing on aesthetic and therapeutic offerings that enhance patient outcomes and physician experiences.

BiotechnologyHealth CarePharmaceuticalTherapeutics
Series DJun 10, 2011
Amount Raised: $45,000,000
Revance Therapeutics

Newark, California, United States

Revance is a biotechnology company focusing on aesthetic and therapeutic offerings that enhance patient outcomes and physician experiences.

BiotechnologyHealth CarePharmaceuticalTherapeutics
Series DDec 28, 2009
Amount Raised: $25,620,000
WiSpry

Irvine, California, United States

WiSpry, a fabless semiconductor company, develops RF silicon integrated circuits and components for wireless communication products.

Electronic Design Automation (EDA)ElectronicsHardwareInfrastructureManufacturingMobileSemiconductorSmart HomeWireless
Series CApr 6, 2009
Amount Raised: $10,000,000
Sendio

Newport Beach, California, United States

Sendio is an e-mail security company offering the facility of totally eliminating spam and e-mail threats in the enterprise environment.

Cyber SecurityEmailSecurity
Series BFeb 9, 2009
Amount Raised: $3,000,000
Lucix Corporation

Camarillo, California, United States

Lucix is the world leader in Space Communications Payload Electronics.

ElectronicsSatellite Communication
Series UnknownFeb 2, 2009
Amount Raised: $3,000,000
Quickoffice

Plano, Texas, United States

Quickoffice is a freeware software platform enabling users to open, view and edit Microsoft Office files on mobile phones.

Enterprise SoftwareiOSMobileSoftware
Series UnknownMay 23, 2008
Amount Raised: $3,000,000
Digital Orchid

San Diego, California, United States

Digital Orchid develops and distributes wireless applications for sports betting services, lotteries, games, brand content and sports media.

ContentGamingInternetMedia and EntertainmentSportsVideo Games
Series UnknownFeb 26, 2008
Amount Raised: $245,292