About Sherpalo Ventures
Sherpalo Ventures is a venture capital firm founded in 2000. It is primarily based out of Menlo Park, United States. As of Jun 2025, Sherpalo Ventures is an active investor, having invested in 91 companies, with 1 new investment in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Retail. Most recently it led the $2.21M Seed round of CheQ along with Hitesh Gupta. This round also saw participation from Amit Lakhotia and other investors.
Overall, Sherpalo Ventures portfolio has seen 4 unicorns, 9 IPOs and 31 acquisitions including key companies like Google, Razorpay and Intuit. A lot of funds co-invest with Sherpalo Ventures, with names like Kleiner Perkins sharing a substantial percentage of its portfolio.
Sherpalo Ventures has team of 2 people including 2 partners.
Key Metrics
Team Members
Ram Shriram, &
Portfolio Count
, &
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed &
Portfolio IPOs
MapmyIndia, Yubico &
Portfolio Acquisitions
Sherpalo Ventures' List of Top Investments
Sherpalo Ventures has a portfolio of 91 companies, including 4 unicorns. Their most notable investments are in Wishfin and EasyPost.Their portfolio spans across United States, India, SwedenÌý²¹²Ô»å 3 more locations. They have invested in Enterprise Applications, High Tech, RetailÌý²¹²Ô»å 23 other sectors, across stages such as Series A, Seed Ìý²¹²Ô»å 3 more. Here is the list of top investments by Sherpalo Ventures:1.
Payment processing and card issuance solutions for businesses. It offers solutions such as payment gateways, hardware-based POS terminals, billing and subscription payments, and more. It also offers financial services such as the issuance of corporate cards, business financing, and more.
Key facts about Stripe
- Founded Year: 2009
- Location: San Francisco (United States)
- Annual Revenue: 371M SGD as on Dec 31, 2023
- Valuation: $91.5B as on Feb 27, 2025
- Stage: Series I
- Total Funding till date: $9.81B
- Employee Count: 5,904 as on Dec 31, 2023
- Investors: Glynn Capital, Silver Lake and
- Latest Funding Round: Series I, Apr 08, 2024, $694M
- Highlight: Editors' Pick
2.
Provider of cloud-based enterprise collaboration and project management software for enterprises. It provides users with a platform centralizes knowledge, facilitates team collaboration, and streamlines project management. It includes features for creating and sharing documents, managing tasks, and scheduling events. It allows users to capture ideas, collect feedback from teammates, and more. It offers a workspace that allows users to build custom pages, use templates, and connect with other tools. The platform allows users to capture and track tasks, and projects in real time. It enables users to track release metrics and experiment results. It automates the team workflows to streamline the task flows, bug reports, and database entries.
Key facts about Notion
- Founded Year: 2013
- Location: San Francisco (United States)
- Valuation: $10B as on Oct 08, 2021
- Stage: Series D
- Total Funding till date: $353M
- Employee Count: 377 as on Dec 31, 2023
- Investors: TrueBridge, Section Partners and
- Latest Funding Round: Series D, Oct 08, 2021, $275M
- Highlight: Editors' Pick
3. Google
A technology company offering products and services, including search, cloud computing, advertising, email, productivity software, and more. The company's products and services helps users to search and share information, communicate with each other, and access a wide range of applications and services. It enables users to search for various information like web pages, pictures, news, weather condition report, and files by providing keywords in the search bar. It uses a page rank algorithm to search and organize results for users. It also offers various features like voice-enabled search with multi-lingual access. Its application is available for Android and iOS devices.
Key facts about Google
- Founded Year: 1998
- Location: Mountain View (United States)
- Annual Revenue: ₹363Cr as on Mar 31, 2022
- Stage: Public
- Total Funding till date: $35M
- Employee Count: 183,323 as on Dec 31, 2024
- Investors: Greyrock Investments, Kleiner Perkins and 26 Others
- Latest Funding Round: Grant (prize money), Jan 01, 2022, $781K
- Highlight: Public
4. Razorpay
Provider of online payment gateway solutions for businesses. It offers payment solutions, automated payroll, in-person payments, and banking services for businesses. It allows businesses to accept, process, and disburse payments through various methods, including credit cards, debit cards, net banking, UPI, and digital wallets. It offer tools such as detailed statistics on payments, settlements and refunds, real-time data and insights for informed business decisions, supports recurring payments and subscriptions for regular transactions and more.
Key facts about Razorpay
- Founded Year: 2014
- Location: Bengaluru (India)
- Annual Revenue: ₹2,500Cr as on Mar 31, 2024
- Valuation: $4.76B - $7.97B
- Stage: Series F
- Total Funding till date: $742M
- Employee Count: 2,368 as on Feb 28, 2025
- Investors: TCV, GIC and 35 Others
- Latest Funding Round: Series F, Dec 19, 2021, $375M
- Highlight: Editors' Pick
5. Intuit
AI-based accounting and financial management solutions for individuals and businesses. Its products include Quick Books, Mint, Turbo Tax, and more. It provides solutions for accounting management, payroll processing, personal finance, tax preparation, and filing. It offers solutions including Lacerate tax, Pro Connect tax, and Pro Series for accountants to manage tax.
Key facts about Intuit
- Founded Year: 1983
- Location: Mountain View (United States)
- Stage: Public
- Employee Count: 18,800 as on Jul 31, 2024
- Investors: DAG Ventures, Kleiner Perkins and 24 Others
- Latest Funding Round: Grant (prize money), Nov 01, 2020, $96.3K
- Highlight: Public
Sherpalo Ventures' Year-on-Year Investment Trends
Sherpalo Ventures has invested in 91 companies over the last 20 years, with an average of 1 new investment annually in the last 10 years. In 2024, it made 1 investment, while as of Jun 2025, it has made 1 investment in this year. Its most recent first time investment was in CheQ and most recent follow-on round was in Antheia.
Year | No. of Investments | ||
|---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 0 | 1 | 1 |
2024 | 1 | 0 | 1 |
2023 | 1 | 0 | 1 |
2022 | 4 | 1 | 5 |
2021 | 3 | 0 | 3 |
2020 | 0 | 0 | 0 |
2019 | 0 | 0 | 0 |
2018 | 0 | 0 | 0 |
2017 | 0 | 1 | 1 |
2016 | 0 | 2 | 2 |
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Sherpalo Ventures' Investments by Stage
Sherpalo Ventures has made 20 investments in Series A stage with an average round size of $11.7M, 12 investments in Seed stage with an average round size of $2.47M, 5 investments in Series B stage with an average round size of $29M, 3 investments in Series C stage with an average round size of $23M and 1 investment in PE stage with an average round size of $8M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
|---|---|
Series A | 20 |
Seed | 12 |
Series B | 5 |
Series C | 3 |
PE | 1 |
Sherpalo Ventures' Investments by Sector
Sherpalo Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Retail, FinTech and High Tech. Notably, it has invested in 81 Tech companies, 61 Enterprise (B2B) companies, 45 Software companies and at least 31 companies focusing on Saas.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
|---|---|
Enterprise Applications | 16 |
Consumer | 13 |
Retail | 8 |
FinTech | 7 |
High Tech | 7 |
Others | 31 |
Sherpalo Ventures' Investments by Geography
Sherpalo Ventures has made most investments in United States (25), followed by India where it has made 17 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
|---|---|
United States | 25 |
India | 17 |
Greece | 1 |
Sherpalo Ventures' recent investments
Here are the most recent investments by Sherpalo Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 03, 2025 | United States | Series C | $56M | [+7] | |
Jun 18, 2024 | India | Seed | $2.21M | ||
Jun 22, 2023 | United States | Series A | $21M | 8VC [+1] | |
Nov 02, 2022 | United States | Series A | $90M | [+9] | |
Oct 11, 2022 | United States | Series A | $10.5M | [+13] |
Get the detailed list of all investments by Sherpalo Ventures. Download now!Unicorns in Sherpalo Ventures' Portfolio
Here is a list of unicorns in Sherpalo Ventures' portfolio:
ÃØÃÜÑо¿Ëù Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
67 | AI-based chain of tech-heavy primary care clinics | 2016 | San Francisco | Series E | flueujz | ||
83 | Provider of online payment gateway solutions for businesses | 2014 | Bengaluru | Series F | meaefxk | ||
71 | Provider of end-to-end supply chain logistics platform | 2013 | San Francisco | Series E | romgqfs | ||
74 | Platform offering mobile ad network software | 2007 | Bengaluru | Series D | wdqrjcm |
IPOs and Publicly Listed companies in Sherpalo Ventures' Portfolio
Here are Sherpalo Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 21, 2021 | May 24, 2007 | Series A | $1.4M | |
Apr 01, 2021 | - | - | - | |
Dec 11, 2020 | - | - | - | |
Oct 03, 2018 | - | - | - | |
Apr 27, 2018 | - | - | - |
Acquired companies in Sherpalo Ventures' Portfolio
Here are Sherpalo Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 28, 2024 | - | - | - | |
May 06, 2024 | Aug 20, 2010 | Series A | Undisclosed | |
Apr 14, 2021 | Jun 29, 2006 | Series A | $3M | |
Feb 09, 2021 | Apr 22, 2015 | Seed | $2.1M | |
Sep 03, 2020 | - | - | - |
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Team profile of Sherpalo Ventures
Sherpalo Ventures has a team of 2 membersÌýincluding 2 PartnersÌýlocated in United States. Sherpalo Ventures' team does not sit on the board of any company as of now.Co-investors of Sherpalo Ventures
Over the past 20 years, 374 investors have co-invested in Sherpalo Ventures's portfolio companies.
- Invested before Sherpalo Ventures:Ìý, First Round Capital and 69 others have invested in rounds before Sherpalo Ventures. There are 4 companies where Y Combinator has invested before Sherpalo Ventures and 3 companies where First Round Capital has invested before Sherpalo Ventures.
- Top Co-investors of Sherpalo Ventures:Ìý175 investors entered a company along with Sherpalo Ventures. These include investors like Kleiner Perkins (8 companies).
- Invested after Sherpalo Ventures:ÌýA total of 128 investors have invested in Sherpalo Ventures's portfolio after their investments. Top Investors include Lightbox (5 companies), Ram Shriram (3 companies) and Kleiner Perkins (2 companies).
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