RC

Rob Coneybeer

Managing Director Shasta Ventures

Seattle, Washington

Overview 

Rob Coneybeer is the Managing Director and Co-Founder of Shasta Ventures, a venture capital firm in Seattle, Washington, where he focuses on investing in hardware, IoT, and social networks at Series A stages. With an impressive track record of investments in companies like Survios and Starship Technologies, Rob has demonstrated expertise in strategic partnerships and cross-functional team leadership, contributing significantly to the success of various startups.

Work Experience 

  • Managing Director & Co-Founder

    2004 - Current

    Founded Shasta Ventures in 2004. Rob's investments at Shasta include Nest, Turo, Overland.ai, and Fetch Robotics. Since inception, Shasta has raised over $1.3 billion across five funds.

Shasta Ventures is a venture capital firm that focuses on investing capital in enterprises.

  • Investor

    2023

    Led the initial pre-seed financing. Overland has created the world's best software for the autonomous operation of vehicles at high speed off-road, in any weather or environmental conditions.

Overland AI is a manufacturer and developer of autonomous navigation for off-road autonomous vehicles.

Raised $10,000,000.00 from Shasta Ventures, Cubit Capital, Point72 Ventures, Voyager Capital, Pioneer Square Labs and Ascend.

  • Board Member

    2014 - 2025

    Led the Series A financing. Survios is a leading VR studio which creates groundbreaking interactive content powered by cutting edge immersive technology.

Survios is a game development firm that specializes in creating games for consoles, virtual reality platforms, and personal computers.

Raised $71,522,078.00 from Leonis Capital and Eastward Capital Partners.

  • Board Observer

    2011 - 2024

    Led Shasta's Series A investment. Turo is the world's leading peer-to-peer car rental marketplace, and is available in over 5,500 cities across the United States, Canada, and the United Kingdom.

Turo is a peer-to-peer car-sharing marketplace where customers can book vehicles from a community of local hosts.

Raised $570,067,273.00 from Irving Investors, G Squared and SharesPost Investment Management.

  • Talk Show Host on Wharton Business Radio

    2014 - 2023

    Hosted a weekly show on SiriusXM 132 called LaunchPad, which airs live every Monday at 5pm Eastern / 2pm Pacific.

Sirius XM is a satellite radio broadcasting company providing satellite radio and online radio services.

Raised $525,750,000.00 from Liberty Media.

  • Board Member

    2017 - 2022

    Led the Series A financing. Tonal has built a strength training platform for the home that incorporates an AI trainer with computer-controlled electromagnetic resistance that feels exactly like weights. The product has been widely adopted by leading athletes and celebrities.

Tonal is a smart home gym that uses artificial intelligence and coaching to provide strength training.

Raised $580,000,000.00 from Cobalt Capital, Kindred Ventures, Dragoneer Investment Group, Transformational Healthcare, Team Builder Ventures and L Catterton.

  • Board Member

    2014 - 2021

    Led the initial seed round of funding. Fetch is the world's leading provider of cloud-controlled autonomous handling robots for industrial and logistics applications. The company was acquired by Zebra Technologies for $305M in 2021.

  • Board Observer

    2012 - 2021

    Led Shasta's seed and Series A investments. Doctor on Demand is a leading provider of video-based telehealth solutions. The company merged with Grand Rounds in 2021.

Doctor On Demand is a mobile app that provides on-demand and scheduled visits with U.S.-licensed health care providers.

Raised $235,749,919.00 from Bild Alternative Investments Corporation.

  • Board Member

    2015 - 2019

    Led the Series A round. Eero pioneered user-friendly home WiFi systems and became the clear market leader. Eero was acquired by Amazon in 2019.

Eero offers a Wi-Fi system for household use.

Raised $92,000,000.00 from TriplePoint Ventures and Qualcomm Ventures.

  • Board Observer

    2012 - 2016

    Led Shasta's Series A investment. In order to meet surging consumer demand for Internet video, Gainspeed built equipment which massively increased the bandwidth of cable networks. Acquired by Nokia in 2016.

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