Sherpa Money, the non-public money fund run by Scott Stanford and Shervin Pishevar, has shut on $470 million and launched two new money: Sherpa Ventures II, an early stage venture fund and a mid-stage fund referred to as Sherpa Everest, bringing the overall now raised up to $630 million. The 3-calendar year-aged venture agency backing startups like Uber, SpaceX and Hyperloop One particular (where by Pishevar is a co-founder) managed to raise $154 million for its 1st fund. Approximately $172 million will go to Sherpa Ventures II and the remaining $298 will be giving to Sherpa Everest – though there’s a chance the fund could grow much larger, pending some envisioned LP expense. The agency is taking a special approach, working with some LPs to provide co-investments in a handful of portfolio organizations like Uber and Ipsy. Pishevar will be signing up for us onstage this September in San Francisco for TechCrunch Disrupt. We search ahead to talking with him about his new money and the long term of transportation.
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Sherpa Money, the non-public money fund run by Scott Stanford and Shervin Pishevar, has shut on $470 million and launched two new money: Sherpa Ventures II, an early stage venture fund and a mid-stage fund referred to as Sherpa Everest, bringing the overall now raised up to $630 million. The 3-calendar year-aged venture agency backing startups like Uber, SpaceX and Hyperloop One particular (where by Pishevar is a co-founder) managed to raise $154 million for its 1st fund. Approximately $172 million will go to Sherpa Ventures II and the remaining $298 will be giving to Sherpa Everest – though there’s a chance the fund could grow much larger, pending some envisioned LP expense. The agency is taking a special approach, working with some LPs to provide co-investments in a handful of portfolio organizations like Uber and Ipsy. Pishevar will be signing up for us onstage this September in San Francisco for TechCrunch Disrupt. We search ahead to talking with him about his new money and the long term of transportation.
Sherpa Money, the non-public money fund run by Scott Stanford and Shervin Pishevar, has shut on $470 million and launched two new money: Sherpa Ventures II, an early stage venture fund and a mid-stage fund referred to as Sherpa Everest, bringing the overall now raised up to $630 million.
The 3-calendar year-aged venture agency backing startups like Uber, SpaceX and Hyperloop One particular (where by Pishevar is a co-founder) managed to raise $154 million for its 1st fund. Approximately $172 million will go to Sherpa Ventures II and the remaining $298 will be giving to Sherpa Everest – though there’s a chance the fund could grow much larger, pending some envisioned LP expense.
The agency is taking a special approach, working with some LPs to provide co-investments in a handful of portfolio organizations like Uber and Ipsy.
Pishevar will be signing up for us onstage this September in San Francisco for TechCrunch Disrupt. We search ahead to talking with him about his new money and the long term of transportation.