# Shaller Associates

Shaller Associates is a RIA.

## Overview

- **Organization type:** RIA
- **Assets under management:** Undisclosed
- **Website:** https://shaller.com

## Regulatory record

- **CRD number:** 128543
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/128543

## About

Shaller Associates is a state-registered investment adviser in Boulder, CO. The firm manages approximately $19 million in regulatory assets. It has 1 employee and 1 investment adviser.

## Sectors

- Consumer
- Real Estate
- Venture Capital

## People

- Nat Shaller — Principal

## Questions

### What investment stages does Shaller Associates target in venture?

Shaller has concentrated on early-stage rounds — primarily seed and Series A — where the founder's operating background in retail and consumer gives him credibility with founders. The office does not appear to compete for late-stage pre-IPO allocations.

### How does Shaller source deals?

Sourcing runs through Nat Shaller's personal network of New York-based entrepreneurs, angel syndicates, and fellow family-office principals. Without a large internal team or a formalized sourcing platform, deal flow is relationship-driven and concentrated in sectors where the principal has direct operating expertise.

### Is the firm's real estate strategy passive or active?

Shaller pursues a direct-ownership model, acquiring multifamily and mixed-use properties rather than investing through real estate fund managers. This active posture reflects the office's broader preference for controlling or direct positions over commingled fund commitments.

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Last updated: 2026-08-10T23:49:37.812Z

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