Fundraising Fox

Shrug

also invests · investor profile

1 known investors

Shrug Capital is an early-stage venture fund led by Niv and Moshe that backs consumer and internet-native startups.

Also known as Shrug Capital

Investors · 1

Company profile

researched Aug 2026

Shrug (Shrug Capital) is an early-stage venture capital firm whose website is published at shrug.vc. The firm is associated with two partners referred to as Niv and Moshe, who are described by founders and co-investors as leading the fund's investing and portfolio support work. Its public site is built primarily around testimonials from three groups: founders who received funding from Shrug, investors in the fund, and other venture investors who have co-invested alongside it.

Portfolio and co-investment references named on the site include Night, Feastables, Summer Health, Living Carbon, Acquire.com, Varda, Superplastic, Poparazzi and Chain. Individuals and firms identified as investors in the fund or frequent co-investors include Breyer Capital, Bain Capital co-chair Steve Pagliuca, K5 Global, Sound Ventures, Mantis (The Chainsmokers), Long Journey Ventures, Founders Fund partners, Benchmark, Ludlow Ventures and Coalition Operators. The site also offers a downloadable "One Pager" describing the fund.

Business model

Shrug operates as a venture capital fund, investing capital raised from limited partners into startup equity, principally at the seed and early stage, with returns generated from the appreciation of those holdings.

Traction

The website lists founders of Night, Feastables, Summer Health, Living Carbon, Acquire.com and Varda as recipients of Shrug funding, and cites Superplastic, Poparazzi, Atom and Chain among companies connected to the firm's portfolio activity.

Latest developments

The firm's site presents an active portfolio, an investor base including institutional and individual backers, and a publicly available fund one-pager.

Full profile — market position, go-to-market

Market position

Positioned as a small, early-stage-focused fund that co-invests with larger institutional firms such as Founders Fund, Benchmark, Breyer Capital and Sound Ventures rather than leading later rounds.

Founders and co-investors on the site attribute the firm's distinctiveness to hands-on portfolio support, network-driven introductions to later investors and partners, and work on messaging, marketing and fundraising strategy, alongside a deliberately informal, playful fund brand.

Go-to-market

The firm sources and wins deals largely through relationships and referrals: a network of angel investors, operators and other funds that co-invest with it, plus visibility generated by founder testimonials and public brand-building.

Founders of early-stage, largely consumer- and product-oriented technology companies, spanning categories such as creator brands and consumer packaged goods, digital health, deep tech and climate, marketplaces, and consumer apps.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Shrug do?
Shrug Capital is an early-stage venture fund led by Niv and Moshe that backs consumer and internet-native startups.
Who are Shrug's investors?
Shrug's investors include Evolution VC Partners.