Shah Capital Partners
4800 Great America Pkwy Ste 400, Santa Clara, CA, 95054, United States
Overview
Shah Capital Partners invests in technology businesses in which we can create shareholder value through operational transformations. Transformational technology buyouts require extensive knowledge in specific industry sectors, keen growth strategies, operational know-how and established relationships with executives, customers, suppliers and partners. We are experienced senior managers from leading technology companies who appreciate the challenges of a modern technology business. At Shah Capital Partners, we seek to achieve superior returns for our investors and our management partners by applying disciplined operating techniques, proven growth strategies and prudent financial structures to our portfolio companies.
- Total investments
- 3
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- Finance
- Market Research
- Real Estate Investment
Investment portfolio
- Asato
Participated · Seed · Dec 2023
Asato.ai offers an AI-powered enterprise CIO Copilot that discovers, connects, and contextualizes IT and talent assets to help CIOs make informed resource-allocation decisions. The platform is designed to identify alternative solutions and optimize technology and talent investments. The company is led by CEO Sundari Mitra and COO Anush Mohandass and is based in San Francisco, CA. Asato.ai raised seed financing to support commercialization and product development. The firm intends to use the proceeds to expand operations and accelerate development of its CIO Copilot. No operating metrics or prior financings were disclosed in the article.
- Extend
Participated · Series B · Oct 2020
Extend has built a software platform and set of APIs that let brands and merchants embed extended warranty and protection plans at the point of sale, supported by a digital assistant called Kaley that streamlines claims for shoppers. The company positions itself as the “AppleCare for everything else,” combining machine-learning-based risk analysis with flexible coverage tiers and centralized policy management. Demand has scaled rapidly: after selling 300,000 protection plans in 2020 (its first full year of business), Extend is on pace to surpass 3 million plans in 2021, and management says revenue grew 40× in 2020 with a further 400 % jump expected this year. Its merchant roster includes Peloton, iRobot, Harman/JBL, Backcountry, Balsam Hill, BlendJet, RealTruck and Traeger Grills, alongside a growing list of traditional retailers. Having started selling in 2019, the company has reached a valuation above $1.6 billion just 27 months into operations. Fresh capital will fund expansion beyond post-manufacturer warranties into broader protection products and support aggressive geographic growth. Extend also aims to cement itself as part of the core e-commerce stack alongside services like buy-now-pay-later and same-day delivery.