About Shield Capital
Shield Capital is a venture capital firm founded in 2021. It is primarily based out of San Francisco, United States. As of Aug 2026, Shield Capital is an active investor, having invested in 37 companies, with 5 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Aerospace, Maritime and Defense Tech. Most recently it participated in the $***** Series A round of SiFly Overall, Shield Capital portfolio has seen 8 unicorns, 1 IPO and 1 acquisition including key companies like Snorkel AI, HawkEye 360 and Apex. A lot of funds co-invest with Shield Capital, with names like Alumni Ventures sharing a substantial percentage of its portfolio. Shield Capital has team of 11 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 3 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Shield Capital's List of Top Investments
Shield Capital has a portfolio of 37 companies, including 8 unicorns. Their most notable investments are in Xeol and Pillar Security.Their portfolio spans across United States and United Kingdom. They have invested in Enterprise Applications, High Tech, Aerospace, Maritime and Defense Tech and 15 other sectors, across stages such as Series A, Seed and 3 more. Here is the list of top investments by Shield Capital:1. Snorkel AI
AI development processes offering programmatic solutions. It provides a platform that allows users to train a large amount of data by using program codes for the building and deployment of AI models. It features captures and encodes their domain expertise and automates manual tasks like filtering, curating, labeling, and slicing.
Key facts about Snorkel AI
- Founded Year: 2015
- Location: Palo Alto (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $588M
- Employee Count: 1,464 as on Sep 30, 2026
- Investors: Walden Venture Capital, Addition and 20 Others
- Latest Funding Round: Series E, Sep 22, 2026, $*****
- Highlight: Editors' Pick
2. HawkEye 360
Developer of satellite-based geographic monitoring and communication solutions. It provides users with a constellation of small satellites in low Earth orbit, to generate reports on wireless signals that can be used to track and monitor global transportation networks, assist with emergencies, and provide other data analytics services to various industries. It also provides maritime situational awareness, collecting information about vessels to create a wealth of current and historical data useful for commercial planning and monitoring, and emergency response.
Key facts about HawkEye 360
- Founded Year: 2015
- Location: Herndon (United States)
- Stage: Public
- Total Funding till date: $560M
- Employee Count: 281 as on Sep 30, 2026
- Investors: Saints Capital, Ghisallo Capital Management and 42 Others
- Latest Funding Round: Series E, Mar 04, 2026, $*****
- Highlight: Public
3. Nexla
Provider of AI-powered data integration platform designed for enterprise agent applications. The platform offers tools for connecting to various data sources, standardizing data, and ensuring governance. It delivers data in formats suitable for agent retrieval and autonomous workflows. The platform supports data integration, transformation, and monitoring at scale.
Key facts about Nexla
- Founded Year: 2016
- Location: San Mateo (United States)
- Stage: Series B
- Total Funding till date: $33.5M
- Employee Count: 73 as on Sep 30, 2026
- Investors: SLW, Storm Ventures and 7 Others
- Latest Funding Round: Series B, Jul 25, 2023, $*****
- Highlight: Editors' Pick
4. Apex
Manufacturer of configurable satellite platforms designed for various mission requirements. The company offers productized bus platforms to increase reliability and accelerate mission timelines. These platforms are designed with built-in configurability to meet specific mission needs. The company focuses on speed and scale to support faster time-to-orbit. End-to-end mission services are available to simplify the path to orbit.
Key facts about Apex
- Founded Year: 2022
- Location: Los Angeles (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $718M
- Employee Count: 446 as on Sep 30, 2026
- Investors: Glynn Capital, Glade Brook Capital and 24 Others
- Latest Funding Round: Series D, Apr 10, 2026, $*****
- Highlight: Editors' Pick
5. Resilience
Key facts about Resilience
- Founded Year: 2016
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $325M
- Employee Count: 292 as on Sep 30, 2026
- Investors: Granite Hill Capital Partners, Lightspeed Venture Partners and 12 Others
- Latest Funding Round: Series D, Aug 07, 2023, $*****
Shield Capital's Year-on-Year Investment Trends
Shield Capital has invested in 37 companies over the last 5 years, with an average of 6 new investments annually in the last 5 years. In 2025, it made 12 investments, while as of Aug 2026, it has made 10 investments in this year. Its most recent first time investment was in SiFly and most recent follow-on round was in Armada.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 5 | 5 | 10 |
2025 | 8 | 4 | 12 |
2024 | 7 | 1 | 8 |
2023 | 6 | 2 | 8 |
2022 | 2 | 0 | 2 |
2021 | 3 | 0 | 3 |
Shield Capital's Investments by Stage
Shield Capital has made 13 investments in Series A stage with an average round size of $31.9M, 11 investments in Seed stage with an average round size of $23.3M, 5 investments in Series B stage with an average round size of $32M, 1 investment in Series C stage with an average round size of $80M and 1 investment in Series D stage with an average round size of $150M.Stage of entry | No. of Investments |
|---|---|
Series A | 13 |
Seed | 11 |
Series B | 5 |
Series C | 1 |
Series D | 1 |
Note: We have considered here, only first round of investments
Shield Capital's Investments by Sector
Shield Capital has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Aerospace, Maritime and Defense Tech, Enterprise Infrastructure and Artificial Intelligence - Industry Applications. Notably, it has invested in 34 Enterprise (B2B) companies, 33 Tech companies, 30 Software companies and at least 15 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 18 |
High Tech | 14 |
Aerospace, Maritime and Defense Tech | 10 |
Enterprise Infrastructure | 8 |
Artificial Intelligence - Industry Applications | 4 |
Others | 28 |
Note: We have considered here, only first round of investments
Shield Capital's Investments by Geography
Shield Capital has made most investments in United States (28), followed by United Kingdom where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 28 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Shield Capital's recent investments
Shield Capital has made 10 investments in 2026 so far. SiFly and Ent AI are the latest among them.Here are the most recent investments by Shield Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 26, 2026 | - | Series A | 3941 | [+2] | |
Jun 16, 2026 | United States | Seed | 8616 | [+5] | |
May 19, 2026 | United States | Series B | 5364 | [+13] | |
Apr 10, 2026 | United States | Series A | 9227 | [+5] | |
Mar 31, 2026 | United States | Series B | 9573 |
Unicorns in Shield Capital's Portfolio
Shield Capital has 8 unicorns in its portfolio - Armada, Starfish Space, TENEX and others. The most recent unicorn in their portfolio is Armada. It became a unicorn in 2026, 3 years after Shield Capital first invested in it.Here is a list of unicorns in Shield Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
64 | Provider of edge platform combining connectivity, compute, and real-world AI | 2016 | Boston | Series B | wrerobn | ||
66 | Developer of autonomous spacecraft for on-orbit satellite servicing and life extension | 2019 | Tukwila | Series B | fzmz{gg | ||
62 | Provider of cybersecurity suite solutions | 2024 | Sarasota | Series B | kyjcebk | ||
40 | Developer of autonomous unmanned systems for air land and sea | 2025 | London | Seed | wxy{alx | ||
66 | Provider of AI-powered solutions for automated code translation and edge deployment | 2023 | Boston | Series B | lrxst{y |
IPOs and Publicly Listed companies in Shield Capital's Portfolio
1 of Shield Capital's portfolio company became public - HawkEye 360. It got listed on the New York Stock Exchange (NYSE), in May 2026 at marketcap of $2.42BHere are Shield Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 07, 2026 | Nov 05, 2021 | Series D | 4793 |
Acquired companies in Shield Capital's Portfolio
1 company from Shield Capital's portfolio has been acquired. The most recent acquisition was Xeol in Feb 2025 by HeroDevs for $*****.Here are Shield Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 04, 2025 | Nov 21, 2023 | Seed | 4451 |
Team profile of Shield Capital
Shield Capital has a team of 11 members including 2 Partners and 1 Venture Partner located in United States. Shield Capital's team does not sit on the board of any company as of now.Here is a list of top team members in Shield Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | Madison | - | - | |
Venture Partner | San Francisco | - | - |
Co-investors of Shield Capital
Over the past 5 years, 276 investors have co-invested in Shield Capital's portfolio companies. This includes funds and angels.
- Invested before Shield Capital: Initialized Capital, XYZ Venture Capital and 95 others have invested in rounds before Shield Capital. There are 3 companies where Initialized Capital has invested before Shield Capital and 2 companies where XYZ Venture Capital has invested before Shield Capital.
- Top Co-investors of Shield Capital: 106 investors entered a company along with Shield Capital. These include investors like Alumni Ventures (3 companies).
- Invested after Shield Capital: A total of 73 investors have invested in Shield Capital's portfolio after their investments. Top Investors include Overmatch (3 companies), BlackRock (2 companies) and Pinegrove (2 companies).
Recent News related to Shield Capital
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Parallel Web Systems Raises $100M Series B at $2 Billion ValuationThe SaaS News•Jun 02, 2026•Parallel Web Systems, Sequoia Capital, Index Ventures, Khosla Ventures and 6 others
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Star Catcher Industries Raises $65M in Series A FundingFinSMEs•May 12, 2026•Star Catcher, B Capital, Helena, Shield Capital and 6 others
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Starfish Space Adds Over $100 Million in Funding to Boost GrowthCNW•Apr 07, 2026•OceanaGold, Starfish Space, Dime Community Bank, Activate Capital and 6 others
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Cybersecurity startup Tenex raises $250M in fundingSiliconAngle•Mar 31, 2026•TENEX, Google, Microsoft, Shield Capital and 2 others
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Become a unicorn. Drone manufacturer Magura raises $50 million in investmentThe New Voice of Ukraine•Mar 05, 2026•Ballistic Ventures, Shield Capital, Lakestar, in.ua
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Chariot Defense Announces $34M Series A led by AndreessenTMC•Feb 25, 2026•Chariot Defense, Andreessen Horowitz, Overmatch, Marlinspike and 7 others
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Code Metal Secures $125M Series B at $1.25B Valuation to Bridge the Trust Gap in AI Code GenerationBusiness Wire•Feb 20, 2026•Code Metal, Salesforce Ventures, Overmatch, B Capital and 7 others
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Seasats Secures $20M Series A Funding RoundMassinvestor•Feb 18, 2026•Seasats, Shield Capital, Konvoy Ventures, Crumpton Global and 4 others
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AI-native cybersecurity firm TENEX raises $27m Series AFintech•Dec 09, 2025•Tenex, Crosspoint Capital Partners, Andreessen Horowitz, Shield Capital
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Code Metal Secures $36.5 Million to Advance AI-Powered Code TranslationPR Newswire•Nov 13, 2025•Code Metal, RTX, Robert Bosch Venture Capital, Accel and 5 others
