MENLO PARK, Calif.--(BUSINESS WIRE)--Shasta Ventures, an early-stage venture firm, today announced the promotion of Sean Flynn to Managing Director, recognizing his ongoing contributions and long-term commitment to the firm. He joins Rob Coneybeer, Tod Francis, Ravi Mohan, and Jason Pressman on Shasta’s team of managing directors. This bolsters the leadership team of the firm, which raised its $300 million Shasta IV fund in 2014.
“We are thrilled to add Sean Flynn to our team of managing directors,” said Shasta co-founder and Managing Director Rob Coneybeer. “Sean has a strong investment record and has produced great results for Shasta. He is also a tireless worker and provides invaluable support to our portfolio companies.”
Flynn joined Shasta in 2008 and became a partner in 2012. He primarily focuses his early-stage investments on mobile-enabled consumer Internet and enterprise software startups. He currently serves on the board of directors for Bloc, Swipely, TigerText, Timehop and ZEFR, and also led the firm’s investments in Dollar Shave Club and Simple (acquired by BBVA).
"When Sean invested in Swipely, our business had yet to take shape. With his guidance, we grew annual sales 400% last year, attracted a significant follow-on financing, and won thousands of new customers,” said Angus Davis, CEO of Swipely. “On our board, Sean is smart, responsive, thoughtful. Best of all, he challenges me to become a better CEO and entrepreneur. I am grateful for his leadership."
“It is a true privilege working with entrepreneurs dedicated to making the world a better place,” said Flynn. “Their passion and drive is the lifeblood of the early-stage startup ecosystem. Likewise, it is a great honor to continue working alongside the great team at Shasta.”
Before joining Shasta Ventures, Sean came from Yahoo! where he served as a senior director of business development and business operations, growing communication and community products such as Yahoo! Mail, Messenger, Groups, and Flickr. Before Yahoo!, Sean worked as an investment banker at Morgan Stanley where he advised technology, telecom, and media companies in New York and Singapore. He holds a B.A. in economics from Brown University.
About Shasta Ventures
Shasta Ventures is a boutique, early-stage venture firm investing its fourth fund in consumer technology and enterprise startups. Shasta aims to partner with bold, creative entrepreneurs who have exceptional instincts and insights into the needs, desires and behaviors of the people who use their products. The firm is based in Menlo Park and San Francisco, California. Shasta Ventures has supported the founders of dozens of successful companies, including: Anaplan, Apptio, Crittercism, Lithium, Mint, Nest, Nextdoor, Turn, Zenprise and Zuora. For more information, please visit www.shastaventures.com, or follow us on Twitter at @shasta.