Shatter Fund

Shelly Kapoor Collins serves as founding partner and makes investment decisions based on her experience as a technology entrepreneur and as an innovation advisor to the Obama administration. She brings an operator's lens to diligence, favoring technical founders with domain expertise. The firm does not publish a full investment committee roster, but public record describes Kapoor Collins as the primary decision-maker.

Shatter Fund invests in early-stage and growth-stage companies led by women founders, targeting sectors including enterprise software, consumer technology, and data-driven platforms. The thesis holds that women founders remain the most undercapitalized source of venture returns, and that concentrated, high-conviction backing produces asymmetric outcomes. The firm does not invest broadly across all sectors — it selects categories where women-led teams have demonstrable technical or market advantages.

Shatter Fund sources deals through Kapoor Collins's networks in Silicon Valley and Washington, including the Technology and Entrepreneurship Center at Harvard's Kennedy School, which she co-founded. The firm also draws on relationships with enterprise customers and government innovation programs that surface technical founders before they enter traditional venture pipelines. This policy-academic sourcing channel complements direct inbound founder referrals.

Shatter Fund's mandate prioritizes companies where women hold founder or co-founder roles with meaningful equity stakes and decision-making authority. While the firm has not published an explicit exclusion of companies with all-male founding teams, its stated public mission and portfolio composition indicate it invests exclusively in companies that align with its gender-lens investment thesis.

Portfolio companies receive active operational support through introductions to enterprise customers, strategic partners, and public-sector procurement channels. Kapoor Collins's dual network — spanning commercial technology buyers and government agencies — gives founders access to go-to-market resources that many early-stage venture platforms do not provide. The firm also advises on regulatory strategy where relevant.

Shatter Fund invests at seed and Series A stages, with reserved follow-on capacity for growth rounds in breakout portfolio companies. The firm does not publicly disclose its typical check size. Its strategy concentrates capital in a select number of positions rather than running a broad index of small seed bets, allowing meaningful ownership and board-level engagement.

Yes. Publicly known portfolio companies such as The Riveter and Blavity raised syndicated rounds alongside other institutional venture investors, indicating that Shatter Fund participates in priced rounds and cap tables with co-investors. The firm does not lead every round it enters, but its post-investment engagement model suggests it takes active roles — including board observation or advisory seats — regardless of round leadership.