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Lokesh Sikaria
Founder & Managing Partner at Moneta Ventures
Lokesh Sikaria is a prominent figure in the venture capital and technology sectors. He is the Founder and Managing Partner at Moneta Ventures, an early-stage venture capital firm based in Folsom, California, that he established in January 2014.12 Sikaria has been serving as a Board Member at Reviver since March 2021.1
Prior to his venture capital career, Sikaria had a successful track record in the technology industry:
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He was the Founder and CEO of Sparta Consulting from September 2007 to March 2013, growing the company from inception to $125 million in revenue in just 5 years before it was acquired by KPIT Cummins.12
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Before that, he served as the Chief Operating Officer at Rapidigm from September 1996 to August 2006, managing over $250 million in annual revenue. Rapidigm was later acquired by Fujitsu.12
Sikaria's educational background includes a Bachelor of Science degree in Electrical Engineering and Computer Science from the University of California, Berkeley, which he completed between 1990 and 1994.1
In addition to his role at Reviver, Sikaria serves on the boards of several other companies, including Sibros, Sikka Software, CREtelligent, TSP - The Silicon Partners Inc, and TeleMed2U.1 His venture capital firm, Moneta Ventures, has invested in over 45 companies since its inception in 2014.2
Sikaria has received recognition for his work in the finance sector, being named one of the top national influencers in Finance by The Business Journals in 2018.2
Highlights
When my dad was on his deathbed and days away from his passing, I was telling him about how much he had done for me all through my life and that I was worried about how I would do without that incredible support, he said something that I will never forget: “If you feel I have been a big help to you here, imagine what I can do for you from up there”. In the five years since his passing, I have felt that incredible help every day.
Today, as I prepare for travel to attend the memorial service of my dear friend and Moneta Ventures Partner, David Allen, I got to reflect on things that have happened since David passed away on September 27th this year.
There were two things that he loved more than anything in the world: his family and Oklahoma State University football. Here are a few things that have happened with each of them:
- David has always provided well for his family and this continues to be true today. Shortly after his passing, his family learned that in addition to the support they anticipated, they will receive another stream of income which will further provide for them for the next seven years. 2. The Oklahoma State Cowboys football team was 2-2 prior to David’s passing and have since gone 7-1 to improbably make the Big 12 Football championship tomorrow against Texas. Every one of us is rooting for the Cowboys tomorrow, including the Texas Longhorns on the Moneta Ventures team. It is a remarkable coincidence that David’s memorial service is a couple of hours after this game.
As I think about my dad’s words, I find it incredibly hard to believe that somehow David is not behind these two awesome happenings for his beloved family and for his beloved football team. I can only imagine what he will continue to do for them from up there in the years to come.
David – you were an incredible human being. Throughout your journey with Rapidigm, Fujitsu, Sparta, WaveQ, KPIT, Apigee, Google, and Moneta, you became a trusted advisor, mentor, and friend to many. Your positive energy, passion for technology, kindness to everyone around you, and your intelligence are being sorely missed every day. Your memory will forever be with us and in the hearts of the many people whose lives you touched. I send my love and prayers to David’s family and to everyone affected by his death – I know and feel the hurt.
Rest in peace my friend.
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Huge congratulations to portfolio company Aumni and its amazing team on today's acquisition by J.P. Morgan!
Moneta Ventures led Aumni’s first institutional funding in 2018, backing the company at the Seed stage when the product was just being launched. We worked closely with the Aumni team during their earliest days, when they were headquartered above our office in Folsom, and through their incredible growth when their office was built out in the Silicon Slopes of Salt Lake City.
It has been deeply rewarding to see Aumni’s growth as a company as an early investor and avid users of their solution ourselves. Congratulations to Tony Lewis, Kelsey C., and the entire Aumni team on this milestone achievement, and to JP Morgan’s Private Capital Markets team on this amazing partnership.
