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Shine Capital

North America, New York, United States, New York

Description

Shine Capital is a New York City-based venture capital firm established by veteran investor Mo Koyfman, known for its focus on partnering with entrepreneurs from the earliest stages of company building. The firm positions itself as a crucial first institutional capital provider, seeking out founders who demonstrate exceptional drive, creativity, and conviction. With a strategic emphasis on foundational support, Shine Capital aims to help nascent companies navigate their initial growth phases and establish strong market positions.

The firm's investment strategy primarily targets Seed and Series A rounds within the technology sector. Shine Capital typically deploys initial checks ranging from $1 million to $10 million, reflecting its commitment to providing substantial early-stage funding. Their portfolio spans both consumer and enterprise technology companies, indicating a broad yet discerning approach to identifying disruptive innovations across various markets. This flexibility allows them to support a diverse range of ventures, from direct-to-consumer brands to B2B software solutions.

In 2021, Shine Capital successfully closed its inaugural fund, Shine Capital I, securing $160 million in commitments. This significant capital base underscores the confidence of limited partners in Koyfman's vision and the firm's investment thesis. Mo Koyfman brings a wealth of experience, having been an early investor in numerous iconic companies over the past two decades, including Stripe, Warby Parker, and Glossier. This deep expertise informs Shine Capital's hands-on approach, where they leverage their insights to provide strategic guidance and operational support to their portfolio companies, extending beyond mere capital injection.

The firm's philosophy is rooted in building enduring partnerships, working closely with founders to transform their innovative ideas into successful enterprises. By focusing on the "earliest stages," Shine Capital aims to be a foundational partner, contributing to the strategic direction and growth trajectory of its portfolio companies from inception.

Investor Profile

Shine Capital has backed more than 40 startups, with 4 new investments in the last 12 months alone. The firm has led 13 rounds, about 33% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Canada, Switzerland.
  • Strong thematic focus on Software, Blockchain, FinTech.
  • Led 1 rounds in the past year.
  • Typical check size: $1M – $10M.

Stage Focus

  • Seed (50%)
  • Series A (30%)
  • Series B (8%)
  • Pre Seed (5%)
  • Series Unknown (5%)
  • Series C (3%)

Country Focus

  • United States (70%)
  • Canada (8%)
  • Switzerland (8%)
  • Norway (3%)
  • Spain (3%)
  • Kenya (3%)
  • Grenada (3%)

Industry Focus

  • Software
  • Blockchain
  • Fintech
  • Financial Services
  • Payments
  • Information Technology
  • Health Care
  • Life Science
  • Artificial Intelligence (Ai)
  • Manufacturing
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Shine Capital frequently co-invest with?

Speedinvest
Europe, Wien, Austria, Vienna
Co-Investments: 3
Caffeinated Capital
North America, California, United States, San Francisco
Co-Investments: 2
M13
North America, California, United States, Santa Monica
Co-Investments: 3
Mischief
North America, California, United States, San Francisco
Co-Investments: 3
Addition
North America, New York, United States, New York
Co-Investments: 2
L1D
Europe, Zurich, Switzerland, Zürich
Co-Investments: 3
BoxGroup
North America, New York, United States, New York
Co-Investments: 4
Union Square Ventures
North America, New York, United States, New York
Co-Investments: 4
CV
North America, Massachusetts, United States, East Boston
Co-Investments: 3
Castle Island Ventures
North America, Massachusetts, United States, Cambridge
Co-Investments: 3

Which angels does Shine Capital often collaborate with?

JH
North America, California, United States, San Francisco
Shared Deals: 1
Balaji Srinivasan
Asia, Central Region, Singapore, Singapore
Shared Deals: 2
BR
North America, California, United States, San Francisco
Shared Deals: 1
KM
North America, California, United States, San Francisco
Shared Deals: 1
WH
North America, California, United States, San Francisco
Shared Deals: 3
OT
Europe, England, United Kingdom, London
Shared Deals: 1
Darian Shirazi
North America, California, United States, San Francisco
Shared Deals: 1
ZP
North America, California, United States, San Francisco
Shared Deals: 3
TS
North America, California, United States, Venice
Shared Deals: 1
Andrew Keys
North America, Puerto Rico
Shared Deals: 2

What are some of recent deals done by Shine Capital?

Octup

Tel Aviv-yafo, Tel Aviv, Israel

Octup is the first operations platform for 3PL.

Artificial Intelligence (AI)E-CommerceE-Commerce PlatformsLogisticsSaaSSoftwareWarehouse Automation
SeedJul 22, 2025
Amount Raised: $12,000,000
Two

Oslo, Oslo, Norway

Two is a fintech startup that is building something akin to buy now, pay later for B2B purchases.

B2BE-CommerceFinancial ServicesFinTechPayments
Series AJul 11, 2025
Amount Raised: $15,171,124
Remark

New York, New York, United States

Remark is a product guidance startup for online stores that brings the in-store experience online.

GuidesInformation TechnologyInternet
Series AJul 1, 2025
Amount Raised: $16,000,000
Polimorphic

New York, New York, United States

Polimorphic is a software company that builds and develops operating system for local and state governments.

GovernmentGovTechSoftware
Series AJun 9, 2025
Amount Raised: $18,636,198
Bliss Aesthetics

Florida, Saint John, Grenada

Bliss Aesthetics offers plastic surgery and medical spa services with personalized care.

Cosmetic SurgeryHealth CareMedical
SeedApr 10, 2025
Amount Raised: $17,500,000
Antares

Redondo Beach, California, United States

Designing and building fission microreactors

Series AOct 30, 2024
Amount Raised: $30,000,000
Mother Games

Brooklyn, New York, United States

Mother Games is an art and media company.

ArtGamingMedia and Entertainment
Pre SeedSep 10, 2024
Amount Raised: $5,000,000
iVerify

Long Island City, New York, United States

IVerify is a mobile threat hunting company that provides mobile security solutions.

Information TechnologyMobileNetwork Security
Series AJun 26, 2024
Amount Raised: $12,000,000
Remark

New York, New York, United States

Remark is a product guidance startup for online stores that brings the in-store experience online.

GuidesInformation TechnologyInternet
Series UnknownMay 23, 2024
Amount Raised: $10,300,000
10Beauty

Burlington, Massachusetts, United States

10Beauty builds a definitive intelligent beauty company with a full manicure machine.

BeautyCosmeticsManufacturingRetail TechnologyRobotics
Series AFeb 6, 2024
Amount Raised: $17,000,000