
Shepherd Ventures
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
Frequently Asked Questions
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