Shine Capital is an early-stage venture capital firm with offices in New York and San Francisco. 

The Shine Capital team sought a founder-friendly portfolio monitoring solution that would automate data collection and reporting. They were looking for a platform that would formalize portfolio tracking and optimize internal processes to address ad-hoc requests from various stakeholders, including Limited Partners. 

“We’re excited to partner with Standard Metrics to institutionalize our portfolio reporting process,” said Amanda Niu, CFO at Shine Capital. “We were impressed by Standard Metrics’ easy-to-use interface for both founders and the Shine team. Their ability to automate data collection and store historical data will be immensely helpful to our team’s portfolio review. We were also glad that a number of our portfolio companies had already been onboarded onto the Standard Metrics platform, which expedited the onboarding process.”

After implementing Standard Metrics, the Shine Capital team will no longer have to spend time manually collecting, consolidating, and reporting on portfolio company performance.  Ongoing KPIs, forecasts, financial statements, and other documents will be structured, stored and easily accessible for portfolio reviews. Shine Capital will also be leveraging Standard Metric’s Benchmarking for portfolio reviews and to help provide guidance to their founders.

“We’re very excited to support Shine Capital as a trusted source for portfolio monitoring and LP reporting” said John Melas-Kyriazi, co-founder and CEO of Standard Metrics. “We deeply admire Shine Capital’s investment approach and commitment to partnering with creative entrepreneurs.”

About Shine Capital: 

Shine is an early-stage venture capital firm that partners with creative, convincing, and relentless entrepreneurs to create iconic businesses. Shine leads inception, seed, and Series A financings and backs partner companies as they continue to perform, maintaining perfect alignment with entrepreneurs. Shine invests in thematic applications of technology that tap into trends across technology, markets, and culture to gain conviction to place non-obvious, high-potential bets. 

About Standard Metrics

Standard Metrics provides a collaboration platform for investors and their portfolio companies. VC firms such as General Catalyst, Salesforce Ventures, and Bessemer Venture Partners use Standard Metrics to collect financial and operational metrics from their portfolio companies. Data collection and structuring is automated. Standardized, auditable metrics are delivered to VC back office teams for easy analysis. On the company side of the platform, startup teams save time by structuring updates once and pushing them to multiple investors.