SP

Shervin Pishevar

North America, California, United States, San Francisco

Description

Shervin Pishevar is a prominent American venture capitalist and entrepreneur, widely recognized for his early-stage investments in highly successful technology companies. He began his venture capital career as a managing director at Menlo Ventures, a leading Silicon Valley firm. Pishevar later co-founded Sherpa Capital in 2013, which subsequently became Sherpa Ventures and eventually merged with Lightspeed Venture Partners. His investment philosophy has consistently centered on identifying and backing disruptive technologies and innovative consumer internet businesses, often at their nascent stages.

Pishevar built a reputation for his prescient early bets, becoming an angel investor in several now-household names. Notably, he was one of the earliest investors in Uber, reportedly investing $25,000 in the ride-sharing giant, a move that yielded significant returns. He also made early investments in companies like Airbnb, Warby Parker, and Postmates, demonstrating a keen eye for market-transforming opportunities. His involvement often extended beyond capital, providing strategic guidance to founders.

Through Sherpa Capital, Pishevar continued to focus on seed and Series A/B rounds, aiming to lead or co-lead investments in promising startups. The firm successfully raised substantial capital, including a $470 million fund in 2016, enabling it to deploy significant capital into its portfolio companies. While his personal angel checks could be as low as tens of thousands, his firm's typical first checks ranged from several millions up to tens of millions of dollars, reflecting their strategy of taking meaningful stakes in high-growth ventures.

Beyond his investment career, Pishevar is also known as a co-founder of Virgin Hyperloop (formerly Hyperloop One), a venture aimed at developing high-speed transportation technology. His career as an active investor saw a reduced public profile after 2017. However, his legacy as an early backer of some of the past decade's most impactful tech companies remains a significant part of his professional identity.

Investor Profile

Shervin Pishevar has backed more than 146 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 63 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Canada, Germany.
  • Strong thematic focus on Software, Mobile, E-Commerce.
  • Typical check size: $25K – $20M.

Stage Focus

  • Seed (43%)
  • Series A (28%)
  • Series B (12%)
  • Series Unknown (4%)
  • Angel (3%)
  • Series D (3%)
  • Series C (3%)
  • Convertible Note (2%)
  • Secondary Market (1%)
  • Debt Financing (1%)

Country Focus

  • United States (97%)
  • Canada (1%)
  • Germany (1%)
  • El Salvador (1%)

Industry Focus

  • Software
  • Mobile
  • E-commerce
  • Internet
  • Marketplace
  • Health Care
  • Logistics
  • Apps
  • Fashion
  • Fintech
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FAQ

Frequently Asked Questions

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

Who does Shervin Pishevar frequently co-invest with?

First Round Capital
North America, California, United States, San Francisco
Co-Investments: 17
ACME Capital
North America, Florida, United States, Boca Raton
Co-Investments: 110
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 12
500 Global
North America, California, United States, San Francisco
Co-Investments: 9
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 15
SV Angel
North America, California, United States, San Francisco
Co-Investments: 24
Menlo Ventures
North America, California, United States, San Francisco
Co-Investments: 12
Uncork Capital
North America, California, United States, San Francisco
Co-Investments: 9
Shasta Ventures
North America, California, United States, Portola Valley
Co-Investments: 8
Slow Ventures
North America, California, United States, San Francisco
Co-Investments: 14

Which angels does Shervin Pishevar often collaborate with?

Daniel Curran
North America, California, United States, Santa Monica
Shared Deals: 5
RM
North America, California, United States, San Francisco
Shared Deals: 7
FG
North America, New York, United States, New York
Shared Deals: 4
GV
North America, New York, United States, New York
Shared Deals: 6
PB
North America, California, United States, Mountain View
Shared Deals: 5
KR
North America, Florida, United States, Miami
Shared Deals: 5
David O. Sacks
North America, California, United States, San Francisco
Shared Deals: 4
NR
North America, California, United States, San Francisco
Shared Deals: 8
AK
North America, California, United States, Los Angeles
Shared Deals: 6
LL
North America, New York, United States, New York
Shared Deals: 5

What are some of recent deals done by Shervin Pishevar?

Limit Break

Park City, Utah, United States

Limit Break is a blockchain game company.

BlockchainGamingWeb3
Series UnknownAug 29, 2022
Amount Raised: $200,000,000
NUE Life Health

Miami, Florida, United States

NUE Life Health is a mental wellness startup leveraging evidence-based mental health treatments and products to catalyze healing and growth.

Alternative MedicineHealth CareMental HealthPersonal HealthWellness
SeedJun 3, 2021
Amount Raised: $3,300,000
Pipe

Miami, Florida, United States

Pipe is a global trading platform for recurring revenue streams.

FinanceFinancial ServicesFinTechTrading Platform
SeedFeb 25, 2020
Amount Raised: $6,000,000
Alchemy

San Francisco, California, United States

Alchemy is a developer platform that helps companies to build reliable decentralized applications.

BlockchainDeveloper APIsDeveloper PlatformProductivity ToolsWeb3
Series ADec 17, 2019
Amount Raised: $15,000,000
Coinmine

Manhattan Beach, California, United States

Coinmine One is the first all-in-one crypto miner for everyone.

CryptocurrencyHardwareMining
SeedAug 15, 2019
Amount Raised: $2,500,000
Safari AI

New York, New York, United States

Safari AI (fka curbFlow) provides its clients the ability to auto-measure the most important physical activity in their operations.

Artificial Intelligence (AI)Computer VisionInformation TechnologyInfrastructureInternetSaaSSoftware
SeedNov 2, 2018
Amount Raised: $8,000,000
quip

Brooklyn, New York, United States

Quip designs and delivers oral care products, advice, and services.

DentalE-CommerceHealth CareProduct Design
Series ANov 1, 2017
Amount Raised: $10,000,000
Cue

San Diego, California, United States

Cue is a healthcare technology company that enables people to manage their health through actionable and connected health data.

Health CareHealth DiagnosticsLife ScienceMedicalWellness
Series BMay 17, 2017
Amount Raised: $15,500,000
Munchery

San Francisco, California, United States

Munchery offers same-day food deliver services.

ConsumerFood and BeverageHospitalitySame Day Delivery
Convertible NoteMar 30, 2017
Amount Raised: $5,000,000
Clarity Money

New York, New York, United States

Clarity Money empowers and saves you money with transformative financial organization, transparency and advocacy.

Big DataFinanceFinancial ServicesFinTechWealth Management
Series BMar 23, 2017
Amount Raised: $11,000,000