- Recent Funding
- Investors
- Shrug Capital
Shrug Capital portfolio
Shrug Capital has 11 portfolio companies on record at Recent Funding.
About this page
It is a venture capital firm based in Sunnyvale, US, founded in 2018. It led 1 of the 7 rounds it joined. Its most recent investment on record is Varda's $187M Series B+ round in July 2025, which it led. By category, its portfolio leans toward Health and bio (3) and Robotics and hardware (2). It has co-invested with Caffeinated Capital, Uncommon Capital and Patrick Hsu, most often Caffeinated Capital (2 rounds).
About Shrug Capital
Funds raised
| Fund | Fund # | Size | Announced |
|---|---|---|---|
Bay Area | II | $15M | twitter.com |
Bay Area | Ifirst fund | $3Mvia Shai Goldman's fund list |
What Shrug Capital invests in
- Health and bio · 3 · 27%
- Robotics and hardware · 2 · 18%
- Climate and energy · 2 · 18%
- Manufacturing and industrial · 2 · 18%
- HR and recruiting · 2 · 18%
- Sales and marketing · 2 · 18%
- Commerce and retail · 2 · 18%
- Gaming · 2 · 18%
Shrug Capital recent investments
| Company | Round | Date | Alongside |
|---|---|---|---|
| Series B+ · $187M · lead | none named | ||
| Series A · $30M | BoxGroup, Uncommon Capital, Rogue +4 | ||
| Seed · $8M | Pathbreaker Ventures, Uncommon Capital, Rogue Ventures +2 | ||
| Seed | Anthony Pompliano, Packy McCormick, Hugo Barra +6 | ||
| Seed · $25M | The Chainsmokers, Operator Partners, Ryan Petersen +7 | ||
| Seed | Terrance McArthur, Shane Curran, POMP +6 | ||
| Series A · $9M | Lauder Partners, Blake Mycoskie, Science +6 |
How Shrug Capital invests
Shrug Capital portfolio companies
VVarda$187MSeries B+ · Jul 2025
AAntares$30MSeries A · Oct 2024
NNucleus GenomicsSeed · Jul 2022
SSeso$25MSeed · Apr 2022
LLiquid Death$9MSeries A · Feb 2020
SShinkei Systemsbacker
TThe Networkbacker
PPogobackerMModRetrobacker
CCabalbacker
NNightbacker
| Company | Round with Shrug Capital | Total raised | Latest raise |
|---|---|---|---|
Health and bio |
Series B+ · $187M · lead | $528M | Sep 30, 2026 Series B+ |
Climate and energy |
Series A · $30M | $949M | Jul 27, 2026 Series B+ |
Health and bio |
Seed | undisclosed | Nov 29, 2025 Series A |
Legal and compliance |
Seed · $25M | $51M | May 10, 2026 Series B+ |
Sales and marketing |
Series A · $9M | $194M | Jan 4, 2026 Seed |
Robotics and hardware |
backer · source | $44.5M | Jun 27, 2026 Series A |
Consumer and social |
backer · source | $2.5M | Aug 6, 2025 Pre-seed |
| PPogo Commerce and retail |
backer · source | $12M | May 8, 2025 Seed |
Gaming |
backer | undisclosed | — |
| backer | undisclosed | — | |
Sales and marketing |
backer | $70M | Feb 17, 2026 round |
Most frequent co-investors
CCaffeinated Capital2 shared rounds · last Oct 30, 2024
UUncommon Capital2 shared rounds · last Oct 30, 2024
- PPatrick Hsu2 shared rounds · last Jul 14, 2022
BBoxGroup1 shared round · last Oct 30, 2024
SShine Capital1 shared round · last Oct 30, 2024
AAlt Capital1 shared round · last Oct 30, 2024
BBanter Capital1 shared round · last Oct 30, 2024
- RRogue1 shared round · last Oct 30, 2024
PPathbreaker Ventures1 shared round · last Oct 31, 2023
RRogue Ventures1 shared round · last Oct 31, 2023
HHumba Ventures1 shared round · last Oct 31, 2023
SSeven Seven Six1 shared round · last Jul 14, 2022
Similar investors
DDecheng Capital11 companies · 6 deals in 12 mo
LLightbank11 companies · 6 deals in 12 mo
HHillhouse Investment11 companies · 4 deals in 12 mo
PPlus Capital11 companies · 4 deals in 12 mo
SS3 Ventures11 companies · 4 deals in 12 mo
BBain Capital Life Sciences11 companies · 3 deals in 12 mo
Investors whose portfolios on Recent Funding center on the same category (Health and bio).
How this is counted
Firm profile: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.
Venture funds Shrug Capital raised, from the list of new VC funds compiled by Shai Goldman (Brex). Each size links to the article that states it, or to that list where no article was found. All new funds: new VC funds.
Share is of the 7 rounds on Recent Funding that name Shrug Capital. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.
Portfolio companies are the companies on Recent Funding with a round that lists Shrug Capital, which is a subset of its real portfolio. API: /api/v1/investors/shrug-capital (get a free API key). More: the most active VC firms and new venture capital funds.