Sherpa Capital Fund History and Performance

Sherpa Capital has a rich history of investing in innovative companies. Founded in 2015, the firm has been actively investing in startups and growth-stage companies ever since.

The firm's first fund, launched in 2015, had a size of $150 million. This marked the beginning of Sherpa Capital's journey as a prominent venture capital firm.

Sherpa Capital's investment strategy focuses on supporting entrepreneurs and their companies. The firm looks for opportunities to invest in companies with strong growth potential and a scalable business model.

With a portfolio of successful companies under its belt, Sherpa Capital has demonstrated its ability to identify and support innovative businesses.

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Sherpa Capital was established in March 2013 by Shervin Pishevar and Scott Stanford in San Francisco. They specialize in early stage and growth startups ranging from e-commerce to technology.

The early history of private equity and venture capital saw the origins of modern private equity, laying the groundwork for firms like Sherpa Capital.

The 1980s brought a leveraged buyout boom, which had a significant impact on the industry. This period saw a major shift in the way private equity and venture capital firms operated.

Sherpa Capital raised $470 million for their latest fund, Sherpa Everest Fund and Sherpa Ventures Fund II, in 2016. This was a major milestone for the firm.

Sherpa Capital's first fund, Sherpa Ventures Fund I, was closed for $154 million.

Sherpa Capital has a diverse portfolio of investments, including Shyp, Munchery, and Airbnb. They were also one of the first investors in fintech startup Cadre, which raised $50 million in 2015.

Other notable investments include Cargomatic, an online company that connects companies needing transportation services with short-range drivers, and Hyperloop One, a high-speed transportation concept launched by Elon Musk. Sherpa Capital participated in Series A and Series B rounds of Hyperloop One.

Their investments often involve regulatory arbitrage, a strategy that aims to break monopolies and unlock economic value. This is evident in their investments in Airbnb Inc. and Uber, both of which are fighting regulators.

Sherpa Capital has a diverse portfolio of investments, with a focus on innovative startups and technologies. They've invested in companies like Shyp, Munchery, and Airbnb, which have disrupted traditional industries.

One of their notable investments is in Cadre, a fintech startup that raised $50 million in 2015. This highlights Sherpa Capital's interest in supporting early-stage companies with high growth potential.

Sherpa Capital also participated in Series A and Series B rounds of Hyperloop One, a high-speed transportation concept launched by Elon Musk. This investment demonstrates their willingness to support ambitious and forward-thinking projects.

In addition to these investments, Sherpa Capital has also invested in HireAthena, a San Francisco-based human resources and accounting technology platform. This platform provides workflow and project management functions for the on-demand labor market.

Their investment strategy is centered around "regulatory arbitrage", which involves identifying outdated rules that stifle labor markets. By breaking these monopolies, Sherpa Capital aims to unlock economic value and create jobs.

Here are some of the key investments made by Sherpa Capital:

Sherpa Capital has a total of 38 portfolio exits, with their latest exit being Zendrive on June 13, 2024.

Their portfolio exits include a mix of acquisitions and reverse mergers, with some companies being acquired by well-known acquirers like Intuit and YieldStreet.

Sherpa Capital's portfolio exits have resulted in significant valuations, with some exits reaching into the hundreds of millions of dollars.

One notable exit was Cadre, which was acquired by YieldStreet on November 30, 2023, for an undisclosed valuation.

Another notable exit was Wag!, which underwent a reverse merger with CHW Acquisition Corp. on August 9, 2022.

Here are some of Sherpa Capital's notable portfolio exits:

Sherpa Capital's portfolio exits demonstrate their ability to support companies through various exit strategies, resulting in significant returns for their investors.

Sherpa Capital has made a significant number of acquisitions, with a total of 17 companies acquired as of the latest information available.

Their latest acquisition was LUDE on September 06, 2024, with a valuation of $XXM.

Sherpa Capital acquired Crego e Monaguillo on February 07, 2023, also with a valuation of $XXM.

Their acquisition history dates back to 2016, with the first acquisition being a company that is not publicly disclosed due to subscription requirements.

Sherpa Capital has acquired companies in various sectors, including a security business, a logistics company, and a company that is not publicly disclosed due to subscription requirements.

Here is a list of some of their notable acquisitions:

These acquisitions demonstrate Sherpa Capital's strategic approach to investing and expanding its portfolio.

Sherpa Capital is a venture capital firm that has been making waves in the tech industry. They have invested in several successful startups, including Uber.

One of their notable investors has recently resigned. This news has sparked interest among investors and tech enthusiasts alike.

Sherpa Capital's portfolio includes companies like Uber, which has been a game-changer in the ride-hailing industry. Their investment in Uber has been a significant one, with a valuation of over $80 billion.

The resignation of this investor is a significant development, but it's worth noting that Sherpa Capital continues to be a major player in the venture capital space.

Sherpa Capital was established in March 2013 by Shervin Pishevar and Scott Stanford in San Francisco. They specialize in early stage and growth startups ranging from e-commerce to technology.

Sherpa Capital has raised significant funds over the years, with their latest fund, Sherpa Everest Fund and Sherpa Ventures Fund II, raising $470 million in 2016.

Sherpa Capital closed their first fund, Sherpa Ventures Fund I, for $154 million. This shows that they have a track record of successfully raising funds.

Sherpa Capital has four funds, including Sherpa Special Situations III, which was closed on October 20, 2020, with an amount of $142.01 million.

Here's a brief overview of their fund history: