Chuck Hansen, managing partner of Hansen Investment Holdings, has joined the investment board of Moneta Ventures.
Headquartered in Folsom, California, Moneta Ventures is a venture capital firm that invests in early stage companies with a focus on software and cloud services, IT services, internet and consumer services sectors.
Moneta Ventures invests between USD50,000 and USD2 million per investment with companies typically having annual revenues between USD1 million and USD5 million. While not restricted geographically, many of its funded companies are located in underserved markets on the US West Coast.
“I’m delighted to join such an esteemed group of advisors at Moneta Ventures led by the highly talented and charismatic Lokesh Sikaria,” says Hansen. “While I knew of Lokesh’s previous success as founder and CEO of Sparta Consulting, I first heard about his fund when our daughters talked about it at middle school. I took a look at some of their portfolio investments, like MindTickle!, 5th Planet Games, and Perkville, and thought I might be able to add some value.”
“Chuck’s background in IT and experience with start-ups were key factors in inviting him to join our Board,” says Lokesh Sikaria, managing partner, Moneta Ventures. “Our financial backing is only one component of helping young companies optimise growth and profitability. We also want to mentor and coach entrepreneurs, when needed.”
