InvestorsSEC exempt reporting adviser

Shrug

Legal name: Shrug, LLC

Shrug is an investment adviser that reports to the SEC as exempt. It reports advising 11 venture funds, with $142M in gross private fund assets as of its Form ADV filed Apr 12, 2026.

Last checkedOct 9, 2026. Adviser records are re-read when the SEC publishes its monthly lists; fund filings every day. Details can change after they are filed or reported; if something here is wrong or has changed, tell us below.

Focus

Not known yet. The SEC does not ask a firm what stages or sectors it invests in. Once the firm claims this profile, or rounds it invested in are recorded, it will show here with its source.

Portfolio

0 cited

No rounds recorded yet. A round appears here when a press release, news report or the company names this firm as an investor, with a link to that source.

People

As named on its funds' SEC filings

A fund's Form D names the executive officers and directors of its general partner when it is filed. People stay listed with the date they were last named; someone who has left may still appear until a newer filing or a correction says so.

Funds

8 on file
FundFormedRaisedTargetLast filed
Shrug Opportunities & Natural Capital LP2024$39M$40MJun 3, 2026
Shrug Squared, L.P.2024—$50MAug 9, 2024
SHRUG OPPORTUNITIES II - Feastables, LP2024$10M$10MApr 16, 2024
SHRUG OPPORTUNITIES I, LP2023$586K$586KJul 19, 2023
Shrug Opportunities II, LP2023$318K$318KJun 27, 2023
Shrug Opportunities SPV I, LP2021$5.2MIndefiniteNov 14, 2022
Shrug IV, L.P.2021—$50MNov 15, 2021
Shrug III, LP2020$21M$25MMar 24, 2021

Funds are matched to this firm by the manager named on their filings or by name. If a fund here is not theirs, tell us below.

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