SM

Shayna Modarresi

Venture and Growth Debt Investments | Early Stage Investor | Correlation Ventures | Women of Influence SVBJ

San Francisco Bay Area

Work Experience

  • CIO, Co-Founder

    2023

    Our fund invests in early-stage software startups (SaaS). We’re a collective startup investment and social group, like a VC, but a non-profit, managed by the members. Our exclusive membership club consists of like-valued people, all optimistic and curious. We use a collaborative fund model to learn together, share ideas and build friendships.

  • Senior Vice President, Venture Debt

    2022

  • Investment Advisory Member

    2014

    Correlation Ventures is a transformative $550M venture fund that makes entrepreneurs' lives easier. Using predictive analytics, we provide access to equity capital in as little as two weeks so teams can spend less time fundraising and more time building their businesses.

2015 - 2024

  • Member Digital Disruption SiG

    2015 - 2024

    Band of Angels is dedicated exclusively to funding and advising seed stage startups. The Band of Angels Member Group is Silicon Valley's oldest seed funding organization. We are a formal group of more than 150 former and current tech executives who are interested in investing their time and money into new, cutting edge, startup companies. We've seeded over 260 companies in our history with 50+ profitable M&A exits and 10 Nasdaq IPOs.

2016 - 2023

  • Founder and General Partner

    2016 - 2023

    A seed stage venture capital fund focused on investing in dedicated entrepreneurs building consumer and enterprise technologies that create lifestyle efficiencies.

2021 - 2022

  • Managing Director

    2021 - 2022

    Leading venture debt and growth funding firm. Our mission is to support passionate entrepreneurs in building great businesses. We provide minimally dilutive capital to enable companies to grow consistent with their own plans.

2019 - 2020

  • Startup Advisor

    2019 - 2020

2012 - 2016

  • Partner

    2012 - 2016

    XG Ventures is an early stage venture capital firm dedicated to advising and investing in supremely talented early stage teams. Our fund is focused primarily on enterprise and consumer technology, including mobile, video, gaming, social media, and online media sectors. We successfully guide start-up teams, in which we invest and advise, to the next stage. We provide operational and strategic expertise, mentorship, global networking contacts, and access to seed capital and beyond. Notable Investments: eShares, Keen.io, mNectar, Noredink, Prediction.io, Osmo, Shyp, Tok.tv, Shift, Wizeline.

  • Board Advisor

    2012 - 2014

    HourGlass has developed an transoral procedure to help morbidly obese patients lose weight. While surgeries like gastric bypass are effective and represent >$1B in sales annually, <2% of eligible patients elect treatment. HourGlass’ patented device replicates the anatomic results of proven surgeries but with an incision-free procedure performed outside expensive operating rooms in half the time. The result is a simpler, safer, and incision-free procedure for <$10k. Investors include: Johnson & Johnson Ventures Maverick Capital X/Seed Capital

2011 - 2012

  • Head of Venture Pipeline - Silicon Valley

    2011 - 2012

    The Venture Pipeline Group is a DLA Piper business unit that is specifically focused on helping clients with venture capital funding, strategic partnerships as well as operational, business and legal advice and support needed to grow their companies.