# Shepherd Ventures

Shepherd Ventures is a Venture Capital based in San Diego, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** San Diego, United States
- **Region:** North America
- **Address:** San Diego, CA, United States
- **Founded:** 1999
- **Assets under management:** Undisclosed
- **Website:** www.shepherdventures.com
- **LinkedIn:** https://www.linkedin.com/company/shepherd-ventures

## Regulatory record

- **Reports private funds:** No

## About

Shepherd Ventures is a venture capital fund that invests in first and later stage growth companies in information technology and life sciences. The fund focuses on companies with experienced management teams, compelling value propositions, and high upside potential. Shepherd Ventures has made 36 investments, including a Series C - II investment in Elucid on October 22, 2025, and has facilitated 7 portfolio exits, including TakeLessons on September 10, 2021.

## Sectors

- Enterprise Software
- Digital Health
- FinTech

## People

- George Kenney — Managing Director
- Tom Siegel — Managing Director

## Questions

### Who runs investment decisions at Shepherd Ventures?

Managing Directors George Kenney and Tom Siegel lead the firm's investment activities. The partnership structure keeps decision-making concentrated with the founding partners, who bring both operating experience and venture capital backgrounds to deal evaluation.

### Does Shepherd Ventures focus exclusively on the San Diego region?

Shepherd's primary focus is Southern California, with San Diego as its anchor market. The firm has historically invested across the broader SoCal corridor, where it maintains proprietary sourcing advantages through decades of relationship-building in the local technology and academic communities.

### Is Shepherd Ventures raising a current fund?

Shepherd does not publicly disclose current fund sizes or fundraising status. The firm has historically operated with lean capital structures appropriate for its early-stage, regionally-concentrated strategy.

### How does Shepherd Ventures source its deal flow?

The firm relies heavily on the founders' decades-deep networks across Southern California — including ties to UC San Diego, Qualcomm alumni, and the local defense and technology ecosystem. This relationship-based sourcing often surfaces opportunities before they reach broader venture capital audiences.

## Related profiles

- [Shepherd University Foundation](https://altss.com/profile/shepherd-university-foundation)
- [Shepherd Wealth Partners](https://altss.com/profile/shepherd-wealth-partners)

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Last updated: 2026-06-03T20:00:00.000Z

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