Search company, investor...

Predict your next investment

Investments

157

Portfolio Exits

51

Funds

9

About Shea Ventures

Shea Ventures is part of the J.F. Shea Company. Shea makes early stage investments in companies across a wide range of industries, including computer software, semiconductors, biotechnology and medical devices.

Headquarters Location

655 Brea Canyon Road

Walnut, California, 91789,

United States

909-594-0924

Want to inform investors similar to Shea Ventures about your company?

Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.

Research containing Shea Ventures

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Shea Ventures in 1 CB Insights research brief, most recently on Nov 10, 2021.

Latest Shea Ventures News

Obituary: As CEO, John F. Shea, 96, Set Contractor's Growth Foundation

Oct 27, 2022

John F. Shea (left), with cousins Peter O. Shea (center) and Edmund Shea, who died in 2010, reorganized in the 1950s the contracting firm founded by their grandfather into a national underground contractor and west coast developer.Photo: J.F. Shea Co. Inc. October 27, 2022 John F. Shea, chairman of major U.S. tunneling contractor J.F. Shea Co., who also diversified the family owned business into homebuilding and real estate development and management, died Oct. 18 in Pasadena, Calif., at age 96, according to an announcement. Along with cousins Peter Shea Jr. and Edmund H. Shea Jr., John Shea in 1958 dissolved the firm founded as a plumbing company in 1881 by his grandfather that had become part of the Six Companies joint venture that built the Hoover Dam, as well as foundations for the Golden Gate Bridge and San Francisco-Oakland Bay Bridge, and reincorporated it, the announcement said. The firm did not respond to an ENR request for comment. John Shea was named CEO, remaining in that role until 2005, when he was succeeded by cousin Peter Shea. John Shea was named chairman, in the role until his death. Edmund died in 2010. Under Shea's leadership, the Walnut, Calif.-based company was involved in constructing subway projects in San Francisco, Washington D.C., Los Angeles and New York City, as well as water transmission tunnels across the nation. The 2010 announcement of Edmund's death noted "active" work on the No. 7 line from Times Square to the Javits Center and the Second Avenue subway, both in Manhattan. Last year, the firm completed the last segment of Metropolitan Water District's Inland Feeder Project, a tunnel through the San Bernardino mountains. The firm frequently partnered with Kiewit Corp. and Kenny Construction, now a subsidiary of Granite Construction. The Moles, a national heavy construction group, cited John Shea in 1991. J.F. Shea Co. diversified into homebuilding and real estate development in the 1960s. According to its website , Shea Properties had revenue of more than $250 million in 1969. Its units operate in 11 states, and own and operate nearly 10,000 apartment units and 6 million square ft of office, industrial and retail space. In 2021. Shea Homes was ranked as the 28th largest U.S. homebuilder by Builder magazine. The firm also moved into venture capital investing under Edmund Shea, "Companies like Apple Computers, Adobe, Altera Computers, Genentech and AES Corp. are among the over 250 companies receiving investments from Shea Ventures," says its website. The firm's current revenue could not be confirmed. The Los Angeles Business Journal, which ranked Shea No. 38 on its "wealthiest Angelenos" list, said he had a net worth of $2.3 billion. Shea and wife Dorothy also funded school renovations and provided student scholarships, it said.

Shea Ventures Investments

157 Investments

Shea Ventures has made 157 investments. Their latest investment was in HydroPoint Data Systems as part of their Unattributed VC - III on November 11, 2021.

CBI Logo

Shea Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/17/2021

Unattributed VC - III

HydroPoint Data Systems

$0.11M

No

1

3/24/2021

Series B

Pacaso

$75M

Yes

32

2/24/2021

Series F

Madison Reed

$52M

No

12

6/25/2020

Series B

Subscribe to see more

$99M

Subscribe to see more

10

3/27/2020

Series A - II

Subscribe to see more

$99M

Subscribe to see more

10

Date

11/17/2021

3/24/2021

2/24/2021

6/25/2020

3/27/2020

Round

Unattributed VC - III

Series B

Series F

Series B

Series A - II

Company

HydroPoint Data Systems

Pacaso

Madison Reed

Subscribe to see more

Subscribe to see more

Amount

$0.11M

$75M

$52M

$99M

$99M

New?

No

Yes

No

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

32

12

10

10

Shea Ventures Portfolio Exits

51 Portfolio Exits

Shea Ventures has 51 portfolio exits. Their latest portfolio exit was Yesware on October 17, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

10/17/2022

Acquired

$99M

6

1/31/2022

Merger

$99M

3

2/10/2021

Acquired

$99M

1

1/14/2021

IPO

Subscribe to see more

$99M

Subscribe to see more

10

6/16/2020

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

10/17/2022

1/31/2022

2/10/2021

1/14/2021

6/16/2020

Exit

Acquired

Merger

Acquired

IPO

Acquired

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

6

3

1

10

10

Shea Ventures Fund History

9 Fund Histories

Shea Ventures has 9 funds, including Shea Ventures Opportunity Fund A-V LLC.

Closing Date

Fund

Fund Type

Status

Amount

Sources

2/17/2015

Shea Ventures Opportunity Fund A-V LLC

Early-Stage Venture Capital

Closed

$9M

1

5/29/2014

Shea Ventures Opportunity Fund II

Subscribe to see more

Subscribe to see more

$99M

10

7/13/2012

Shea Ventures Opportunity Fund A-IV

Subscribe to see more

Subscribe to see more

$99M

10

5/22/2012

Shea Ventures Opportunity Fund A-III

Subscribe to see more

Subscribe to see more

$99M

10

11/28/2011

Shea Ventures Opportunity Fund A-II

Subscribe to see more

Subscribe to see more

$99M

10

Closing Date

2/17/2015

5/29/2014

7/13/2012

5/22/2012

11/28/2011

Fund

Shea Ventures Opportunity Fund A-V LLC

Shea Ventures Opportunity Fund II

Shea Ventures Opportunity Fund A-IV

Shea Ventures Opportunity Fund A-III

Shea Ventures Opportunity Fund A-II

Fund Type

Early-Stage Venture Capital

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Closed

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$9M

$99M

$99M

$99M

$99M

Sources

1

10

10

10

10

Shea Ventures Team

5 Team Members

Shea Ventures has 5 team members, including current Managing Director, John C. Morrissey.

Name

Work History

Title

Status

John C. Morrissey

Bingham McCutchen

Managing Director

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Name

John C. Morrissey

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Work History

Bingham McCutchen

Title

Managing Director

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Join a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.