Emerging Managers

LPs include family offices of digital entrepreneurs, industrial investors and former executives from businesses such as Yahoo Marketplace and Prisma AI, the firm says.

The emerging manager was founded earlier this year by alumni of Coatue Management, NEA, TCV and Google.

Investors include Nigeria's Bank of Industry, British International Investment, EDFI Management Company, Mastercard Foundation Africa Growth Fund and Visa Foundation.

Fund II raised 15% more than Fund I and the fundraising process appears to have taken just two months.

LPs include senior living and skilled nursing operators, home health and hospice agencies, home care leaders and corporates from healthcare technology, healthcare real estate and consumer products.

The fund raised $13.5m to make early-stage investments in founders closing access gaps across healthcare and financial services.

The woman-led firm leverages its Kansas City location to give companies access to underutilized networks and partnerships.

The emerging manager has found traction by targeting investors who are health and wellness influencers, including two with more than 630,000 followers combined on TikTok and Instagram.

Investors include Paychex, ADP Ventures, Healthworx, The Cigna Group Ventures, Guardian, MetLife, Unum, Strada Education Foundation and Impact Engine.

Shine Capital is seeking to raise $200m for its third fund, less than three years after quickly raising its sophomore fund.