Number of Portfolio Companies 7
Number of Exits 
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  • Primary Job Title Founder & CEO
  • Primary Organization 
    EdCast
  • Investor Type  Investment Partner, Individual/Angel
  • Investor Stage  Seed
  • Number of Exits 

Karl Mehta is a serial entrepreneur, investor, engineer, and civil servant with over 20 years of experience in founding, building, and funding technology companies in the U.S. and international markets.

He is currently Founder & CEO of EdCast Inc., a next-generation knowledge platform and former Venture Partner at Menlo Ventures. He is

Founder of Silicon Valley based tech-driven non-profit, CodeforIndia.org and serves on several non-profit boards for education impact worldwide.

Previously, he was the Founder & CEO of PlaySpan Inc., acquired in the March of 2011 by Visa Inc. (NYSE:V), the world's largest payment network. PlaySpan is a global leader in payments and monetization for digital media, mobile apps, social networks, and online games.

Karl served as a White House Presidential Innovation Fellow, selected by the Obama Administration during the inaugural 2012-13 term. He was also recently appointed by Governor Brown to the Workforce Investment Board of the State of California.

In 2010, Karl won the "Entrepreneur of the Year" award for Northern California from Ernst & Young. Karl is on the boards of Simpa Networks Inc., and the Chapman University Center for Entrepreneurship and advisor board of Intel Capital.

He is co-author of the book 'Financial Inclusion at the Bottom of the Pyramid" https://www.amazon.com/Financial-Inclusion-at-Bottom-Pyramid/dp/1460265521/ref=sr_1_1?ie=UTF8&qid=1486813387&sr=8-1&keywords=financial+inclusion+at+the+bottom+of+the+pyramid

Number of Investments 7
Karl Mehta has made 7 investments. Their latest investment was Seed Round - Ten Machines Corp. on Dec 17, 2015, when
Announced Date  
Organization Name  
Lead Investor  
Funding Round  
Money Raised  
Dec 17, 2015
Ten Machines Corp.
Yes
Seed Round - Ten Machines Corp.
Jul 1, 2013
Clip
No
Seed Round - Clip
Jun 17, 2013
Earn.com
Series A - Earn.com
$5.1M
May 17, 2013
CrowdOptic
Venture Round - CrowdOptic
$1M
Jul 10, 2012
Handle
Series A - Handle
$2.5M
Aug 16, 2011
Jeeng
Seed Round - Jeeng
$1.1M
Nov 29, 2010
Simpa
Seed Round - Simpa
$1.1M
Number of Partner Investments 1
Announced Date  
Organization Name  
Investor Name  
Lead Investor  
Funding Round  
Money Raised  
Sep 22, 2014
EdCast
Menlo Ventures
No
Series A - EdCast
$6M
Number of Exits 
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Karl Mehta has exits. Their most notable exits are SimpaJeeng, and Earn.com.
  • Simpa Simpa offers solar power systems to households and shops in rural areas.
  • Jeeng Jeeng provides analgorithm that helps create automated and personalized messaging which fuel engagement and monetization.
  • Earn.com Earn money for replying to emails and completing tasks.
Number of Current Jobs 3
Number of Past Jobs 5
Karl Mehta has 3 current jobs including Founder & CEO at EdCast, Mentor at TiE LaunchPad, and Founder at Code for India. Additionally, Karl Mehta has had 5 past jobs including Venture Partner at Menlo Ventures.
Organization Name  
Title At Company  
Start Date  
End Date  
Menlo Ventures
Venture PartnerApr 1, 2013Apr 1, 2014
Clip
InvestorMar 1, 2013Jun 2013
Visa
CEO of PlaySpanFeb 2011Mar 2013
PlaySpan
Founder and CEO2006Mar 1, 2013
Simpa
Director
Number of Current Board & Advisor Roles 3
Number of Past Board & Advisor Roles 2
Karl Mehta holds 3 board and advisor roles including Board Member at Simpa, Mentor/LP at 500 Global, and Advisor at Ecosystem Ventures.
Organization Name  
Title At Company  
Start Date  
End Date  
Clip
InvestorMar 2013Jun 2013
Intel Capital
Advisor2011
Karl Mehta studied at University of Mumbai.
Number of Events 2
Karl Mehta has participated in 2 events. They most recently attended, or will attend, TRANSACT Tech on Nov 10, 2015.