Shasta Ventures

Shasta Ventures, established in 2004, is a California-based venture capital firm specializing in early-stage investments. They focus on software companies, with a particular interest in sectors like information technology, cybersecurity, and data intelligence. The firm provides a flexible, resource-driven program tailored to the unique needs of early-stage startups, aiming to help founders overcome specific challenges. Shasta Ventures typically invests in the seed to Series B stages, with a typical investment size ranging from $0.25 million to $6 million per company.

Tod Francis

Co-Founder

Austin Grose

Venture Partner

Ravi Mohan

Co-Founder and Managing Director

Jacob Mullins

Managing Director

Issac J Roth

Managing Director

Juan Soto

Venture Partner

Past deals in Utah

Codefresh

Series C in 2020
Codefresh, Inc. is a developer of a cloud-based automation platform designed specifically for Kubernetes applications. Founded in 2014 and headquartered in Mountain View, California, with additional offices in Salt Lake City, Utah, and Givatayim, Israel, Codefresh provides tools that simplify and automate the software development lifecycle. Its platform enables businesses to manage workflows more efficiently by facilitating the building and sharing of images, either as standalone containers or within complex compositions. This approach allows developers to incorporate feedback before changes are promoted to staging, ultimately reducing costs and streamlining application deployment. Codefresh supports organizations in implementing continuous integration and continuous delivery (CI/CD) practices, helping DevOps teams deploy software safely and at scale. Notable clients include GoodRx, Monday.com, and Deloitte.

Needle

Series B in 2012
Needle, Inc. is a technology and service platform that specializes in advocate-based customer engagement for e-commerce websites. Founded in 2010 and based in Lehi, Utah, the company offers a range of services, including Advocate, Advocate Plus, and Advocate Premium. Needle's platform enables businesses to recruit and empower their best advocates to engage with online shoppers in real-time, enhancing the customer experience and driving conversions at critical decision points. Through a structured training and certification program, Needle identifies and qualifies advocates, ensuring they are motivated through gamification and community support. The platform includes various engagement tools such as chat and Click-to-Email, effectively connecting advocates with potential customers to improve conversion rates and customer satisfaction.
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