About Shaper Capital
Shaper Capital, an accelerator and incubator program founded in 2023, is based in New York City, United States. With a presence in 1 country, it has supported around 4 startups in sectors like High Tech, Enterprise Applications. Most notable companies in
its portfolio include Protege, Arbital Health and Catenaclearing. The program is backed by a team of 9 people who primarily support Series A startups based in United States. Its latest investment was a $30M Series A round in Protege on Jan 08, 2026, which also saw participation from Andreessen Horowitz and Footwork.
Key Metrics
Founded Year
2023
Location
New York City, United States
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed & Series A
Locations of Investment
Shaper Capital's List of All Investments
Shaper Capital has a portfolio of 4 companies. Their most notable investments include Protege and Arbital Health.Their portfolio spans across and United States. They have invested in High Tech, Enterprise Applications, Consumer and 2 other sectors, across stages such as Seed, Series A stages. Here is the list of all investments by Shaper Capital:1. Protege
Provider of platform that connects data holders and model builders. It enables the safe and secure sharing of training data for artificial intelligence (AI) models, empowering data-driven innovation.
Key facts about Protege
- Founded Year: 2024
- Location: New York City (United States)
- Stage: Series A
- Total Funding till date: $65M
- Employee Count: 89 as on Jun 30, 2026
- Investors: CRV, Flex Capital and 8 Others
- Latest Funding Round: Series A, Jan 08, 2026, $*****
- Highlight: Editors' Pick
Arbital Health is a healthcare company that offers a third-party adjudication utility to help bolster outcomes-based healthcare contracts. They are known for their impartial analysis and statistical rigor.
Key facts about Arbital Health
- Founded Year: 2023
- Location: San Francisco (United States)
- Stage: Series B
- Total Funding till date: $46.2M
- Employee Count: 78 as on Jun 30, 2026
- Investors: Flex Capital, Healthy Ventures and 4 Others
- Latest Funding Round: Series B, Jul 29, 2025, $*****
Key facts about Catenaclearing
- Location: New York (United States)
- Stage: Seed
- Total Funding till date: $5M
- Employee Count: 28 as on Jun 30, 2026
- Investors: Teamworthy Ventures, Springtime Ventures and 6 Others
- Latest Funding Round: Seed, Sep 17, 2025, $*****
- Highlight: Editors' Pick

4. Adelphi AI
Provider of data discovery solutions. It develops technology for data sharing in the intelligence community. The platform streamlines data discovery across different sources. It offers enterprise-grade data connectors, to facilitate data sharing with commonly used data sources. Its data network enables the discovery of disparate datasets.
Key facts about Adelphi AI
- Location: United States
- Stage: Seed
- Total Funding till date: $7M
- Investors: Afore Capital, Essence VC and 5 Others
- Latest Funding Round: Seed, Aug 22, 2025, $*****
Shaper Capital's Year-on-Year Investment Trends
Shaper Capital has invested in 4 companies over the last 3 years, with an average of 1 new investment annually in the last 3 years. In 2025, it made 4 investments, while as of Jan 2026, it has made 1 investment in this year. Its most recent first time investment was in Catenaclearing and most recent follow-on round was in Protege.Shaper Capital's Investments by Stage
Shaper Capital has made 2 investments in Seed stage with an average round size of $6M and 2 investments in Series A stage with an average round size of $20.1M.Stage of entry | No. of Investments |
|---|---|
Seed | 2 |
Series A | 2 |
Note: We have considered here, only first round of investments
Shaper Capital's Investments by Sector
Shaper Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Healthcare, High Tech and Retail. Notably, it has invested in 2 Enterprise (B2B) companies, 2 Software companies, 2 Tech companies and at least 1 company focusing on AI-Native.Sector | No. of Investments |
|---|---|
Enterprise Applications | 2 |
Consumer | 1 |
Healthcare | 1 |
High Tech | 1 |
Retail | 1 |
Note: We have considered here, only first round of investments
Shaper Capital's Investments by Geography
Shaper Capital has made most investments in United States (4).Shaper Capital's recent investments
Shaper Capital has made 1 investments in 2026 so far - Protege.Here are the most recent investments by Shaper Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 08, 2026 | United States | Series A | 4886 | [+4] | |
Sep 17, 2025 | United States | Seed | 6046 | [+6] | |
Aug 22, 2025 | United States | Seed | 6178 | [+4] | |
Aug 13, 2025 | United States | Series A | 9808 | [+4] | |
Jul 29, 2025 | United States | Series B | 5321 | [+2] |
Team profile of Shaper Capital
Shaper Capital has a team of 9 members including 3 Partners, 2 Venture Partners and 2 Principals located in United States. Shaper Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Shaper Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Cary | - | ||
Partner | United States | - | - | |
Partner | Los Angeles | - | ||
Venture Partner | - | - | ||
Venture Partner | Sacramento | - | - | |
Principal | United States | - | - | |
Principal | Brooklyn | - |
Co-investors of Shaper Capital
Over the past 3 years, 26 investors have co-invested in Shaper Capital's portfolio companies. This includes funds and angels.
- Invested before Shaper Capital: CRV, SV Angel and 5 others have invested in rounds before Shaper Capital. There is 1 company where CRV has invested before Shaper Capital and 1 company where SV Angel has invested before Shaper Capital.
- Top Co-investors of Shaper Capital: 17 investors entered a company along with Shaper Capital. These include investors like Footwork (1 company).
- Invested after Shaper Capital: Andreessen Horowitz (1 company) and Valtruis (1 company) are the investors which have invested in Shaper Capital's portfolio after their investments.
Recent News related to Shaper Capital
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BEAMRaiL Secures Pre-Seed Funding to Ease Law Enforcement Data WorkloadGrep Beat Company•Feb 17, 2026•Shaper Capital, Beamrail
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Protege Raises $30M to Solve AI Development’s Biggest Bottleneck Through Licensed Real-World DataAlleyWatch•Jan 08, 2026•Protege, Shaper Capital, Footwork, Flex Capital and 9 others
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Catena Raises $5M in Seed FundingFinSMEs•Sep 19, 2025•Catenaclearing, Shaper Capital, Blue Moon Fund, Floating Point and 7 others
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August Raises $7M to Deliver Configurable Legal AI to Midsize Firmsintelligence360•Aug 21, 2025•Afore Capital, Pear VC, New Enterprise Associates, August Law and 6 others
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Arbital Health gets $31M Series B to scale infrastructure for value-based care risk contractingintelligence360•Aug 18, 2025•Aligned Marketplace, Arbital Health, Shaper Capital, HarmonyCares and 5 others
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Protege Announces $25 Million Series A to Expand AI Training Data PlatformTMC•Aug 14, 2025•Protege, Shaper Capital, Datavant, LiveRamp and 6 others
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Arbital Health Secures $31 Million Series B to Scale Value-Based Care InfrastructureAiThority•Jul 30, 2025•Arbital Health, Shaper Capital, Valtruis, Transformation Capital and 1 other
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Arbital Health Receives $31M to Boost Value-Based Care ContractingHIT Consultant•Jul 29, 2025•Arbital Health, Shaper Capital, Valtruis, Transformation Capital and 1 other
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London-based Ferovinum A Funding And Supply Chain Platform For Wine And Spirits Raises Over €20.8 MillionEU-Startups•Sep 19, 2024•Ferovinum, Notion, Shapers, Shaper Capital and 1 other
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