Shasta Ventures
We are an early-stage venture capital firm with $1.3B dollars under management and a 20-year track record in investing in groundbreaking startups.
In the firm's own words, from its website.
19 additional team members, 23 additional co-investors and affiliates, 22 additional investments, funds and LPs, 26 events, 19 verified contacts (17 professional url, 1 general firm email, 1 firm phone)
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- 1 companynew in 12 months
1 new company in the last 12 months.
A firm writing cheques this quarter is one a founder can pitch now.
- 2 companiesportfolio raising
2 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 28 Aug 2026 ($550M sold on Form D).
A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.
- 5 dealswith Frazier Healthcare Partners
Invests most often alongside Frazier Healthcare Partners (5 shared deals) and Emergence Equity Management (3 shared deals). 10 of the 26 most frequent co-investors were first seen with it on record in the last 12 months.
pair last observed on record 10 Apr 2015, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.
Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →
People to know
View all people- Founding PartnerWhy: Founder of the firmProfile
- Founding PartnerWhy: Founder of the firmProfile
- Managing MemberWhy: Named with investment responsibilityNo route on file yet
Relationship network
66 connected entities27 observed rounds12 repeat counterparties7 dated rounds shown here, 2009 to 2021
From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.
- Sponsor
- Company
- Capital provider
- Fund or vehicle
- Person
›How strength and recency are read
Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
How am I connected?
Name your firm, a company or a person, and DFX finds the published routes to Shasta Ventures: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.
See how you connect to Shasta Ventures
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
17 companies on record, 1 new in 12 months
Investments on record
What these amounts mean“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Harvey | portfolio listing | unknown | unknown | unknown | unknown | Sep 17, 2026 | Fact Company website |
| Bluetail, Inc. | board seat | unknown · board | Jason Pressman (strongly supported) | unknown | unknown | Jul 1, 2026 | Inference Form D |
| Prodly, Inc. | Form D equity offering | unknown · board | Nitin Chopra (strongly supported) | $5.0M form d sold | unknown | Aug 12, 2021 | Inference Form D |
Stated thesis versus observed behaviour
- Sectors
- ai, deep tech
- Stages
- early
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Team
13 current, 10 departed
Decision makers
- Ravi Mohan · Founding PartnerWhy this person: Founder of the firm; Named with investment responsibilityLinkedIn or profile link on file (firm website), confirmed 2026-10-01, confidence 90%
- Tod Francis · Founding PartnerWhy this person: Founder of the firm; Named with investment responsibilityLinkedIn or profile link on file (firm website), confirmed 2026-10-01, confidence 90%
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. 2 with a route on file. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
Investment team
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Founding Partner · 11 deals attributed
- Founding Partner · 4 deals attributed
- Managing Member
14 departed (kept with end dates)
- Alice Parrish Duffee · Assignee, Shasta Ventures Ii Gp, Llc (Through Alice Parrish Duffee Trust Dtd 8/16/2010) · Nov 1, 2010 to Feb 6, 2024 Inference
- Bonnie Matlock · General Partner · Dec 1, 2008 to Feb 6, 2024 Inference
- David Austin Grose · Member, Shasta Ventures V Gp, Llc · Jun 1, 2016 to Feb 6, 2024 Inference
Contacts
1 general firm email, 1 firm phone, 17 professional url on record, each with its source. Values open with the complete profile.
Funds and LPs
7 vehicles, 1 LPs disclosed
Funds and vehicles
What these amounts meanGAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Shasta Hs 2021, L.P. | Fund | 2021 name year | Mature | $24.3M Mar 30, 2026 | 9 | $24.0M of $24.0M | Feb 11, 2021 |
| Shasta Trl 2021, L.P. | Fund | 2021 name year | Mature | $42,440 Mar 30, 2026 | 5 | $12.9M of $12.9M | Mar 15, 2021 |
| Shasta Ventures V, L.P. | Fund | 2017 adv first reported | Harvest | $808M Mar 30, 2026 | 36 | $0 of $300M | Jun 29, 2016 |
Limited partners
- 3 commitments to 3 funds · $82.5M disclosed
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.| Allocator | Type | Fund | Amount | Date | Source |
|---|---|---|---|---|---|
| California State Teachers' Retirement System | STATE RETIREMENT SYSTEM | Shasta Ventures V, L.P. | $35.0M committed | reported as of Jun 30, 2025 | Fact Pension disclosure |
| California State Teachers' Retirement System | STATE RETIREMENT SYSTEM | Shasta Ventures III, L.P. | $26.5M committed | reported as of Jun 30, 2025 | Fact Pension disclosure |
| California State Teachers' Retirement System | STATE RETIREMENT SYSTEM | Shasta Ventures IV, LLC | $25.0M committed | reported as of Jun 30, 2025 | Fact Pension disclosure |
Relationships across DFX
26 co-investors · on 2 other DFX graphs
Co-investors
- 2015-04-105 shared deals · strong
- 2012-01-093 shared deals · recurring
- 2014-01-062 shared deals · recurring
Across DFX and the capital chainon 2 other DFX graphs · 32 capital paths ShowHide
- The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Shasta Ventures is the same institution as 2 records in Allocators and RIA and Wealth.
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Shasta Ventures sits on 32 traced paths of capital across the graphs.
DFX traced 32 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Evidence and history
31 dated events, 77 observations from 4 sources
Timeline
- Nov 7, 2024Avery Cannon (Chief Financial Officer) no longer on Schedule A of Shasta Ventures
- Feb 6, 2024David Austin Grose (Member, Shasta Ventures V Gp, Llc) no longer on Schedule A of Shasta Ventures
- Feb 6, 2024TOD Francis (Member, Shasta Ventures V Gp, Llc) no longer on Schedule A of Shasta Ventures
- Feb 6, 2024Az-Vc Fund I-B, LLC first reported on Form ADV by Shasta Ventures (Venture Capital Fund), GAV $4,986,496
- Feb 6, 2024Az-Vc Fund I, LLC (f/k/a Invisionaz Fund I, LLC) first reported on Form ADV by Shasta Ventures (Venture Capital Fund), GAV $104,872,405
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 30, 2026 · 6 private fundsShowHide
- Headquarters
- unknown
- Office address
- unknown
- Business phone
- unknownadviserinfo.sec.gov
- Website
- SHASTAVENTURES.COM
- SEC adviser type
- Exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Mar 30, 2026
- Private funds reported
- 6 (6 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $976Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Classification history
Classification history
Every classification this record has carried2 on recordShowHide
- Sep 23, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $981M across 7 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $1.4B across 7 vehicles
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC exemption, VC funds reported | Mar 30, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 30, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Nov 7, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 30, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 30, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Nov 7, 2024 | Fact | Form ADV |
| First Form ADV filing | 2012-03-29 | Mar 30, 2026 | Fact | Form ADV |
| First Form ADV filing | 2012-03-29 | Nov 7, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-30 | Oct 1, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-30 | Mar 30, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-30 | Mar 30, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-11-07 | Nov 7, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Mar 30, 2026 | Fact | Form ADV |
| SEC status effective | 2024-11-07 | Mar 30, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 30, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Nov 7, 2024 | Fact | Form ADV |
| Business phone | Mar 30, 2026 | Fact | Form ADV | |
| Business phone | Nov 7, 2024 | Fact | Form ADV | |
| Contact page url | Oct 1, 2026 | Fact | ||
| Contact page url | Sep 16, 2026 | Fact | ||
| Description | Oct 1, 2026 | Fact | ||
| Description | Sep 16, 2026 | Fact | ||
| Description | Sep 13, 2026 | Fact | ||
| Legal form | Limited Liability Company | Mar 30, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Nov 7, 2024 | Fact | Form ADV |
| Private funds reported | 6 | Mar 30, 2026 | Fact | Form ADV |
| Private funds reported | 6 | Mar 30, 2026 | Fact | Form ADV |
| Private funds reported | 6 | Nov 7, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $976M | Mar 30, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $976M | Mar 30, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $1.4B | Nov 7, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Mar 30, 2026 | Fact | Form ADV |
| Stated sectors | AI, deep tech “sector words on the home page” | Oct 1, 2026 | Fact | |
| Stated sectors | AI, deep tech “sector words on the home page” | Sep 16, 2026 | Fact | |
| Stated sectors | AI, deep tech “sector words on the home page” | Sep 13, 2026 | Fact | |
| Stated stages | early “stage words on the home page” | Oct 1, 2026 | Fact | |
| Stated stages | early “stage words on the home page” | Sep 16, 2026 | Fact | |
| Stated stages | early “stage words on the home page” | Sep 13, 2026 | Fact | |
| Team page | Oct 1, 2026 | Fact | ||
| Team page | Sep 16, 2026 | Fact | ||
| Team page | Sep 13, 2026 | Fact | ||
| Venture funds reported | 6 | Mar 30, 2026 | Fact | Form ADV |
| Venture funds reported | 6 | Mar 30, 2026 | Fact | Form ADV |
| Venture funds reported | 6 | Nov 7, 2024 | Fact | Form ADV |
| Website | Sep 12, 2026 | Fact | Form ADV | |
| Website | Mar 30, 2026 | Fact | Form ADV | |
| Website | Nov 7, 2024 | Fact | Form ADV | |
| Website resolved domain | Oct 1, 2026 | Fact | ||
| Website resolved domain | Sep 16, 2026 | Fact | ||
| Website resolved domain | Sep 14, 2026 | Fact | ||
| Site title | Oct 1, 2026 | Fact | ||
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 13, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShowHide
Venture manager, reported GAV $981M across 7 vehicles
- importance
- gav: 0.6 · funds: 0.58 · people: 0.4 · investments: 0.54 · co investors: 0.57
- active deployment
- investments 12m: 0.13 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: 2026-07-01
- emerging manager
- fund count: 7 · reported gav: $976M · first adv filing: 2012-03-29 · years since first filing: 14.5
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Adviser's first ADV filing2012-03-29source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.