About Shine
Shine is a company based in Paris (France) founded in 2017 was acquired by Ageras in June 2024. It operates as a Subscription Services, Freemium, and FinTech. Shine has raised $12.49 million across 2 funding rounds from investors including Société Générale, Ageras and Daphni. Shine offers products and services including Professional Account, Business Cards, Invoicing Tools, and Expense Management.
- Headquarter Paris, France
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Shine, Société Immatriculée Au Rcs De Paris Sous Le Numéro 828 701 557
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.49 M (USD)
in 2 rounds
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Latest Funding Round
$9.3 M (USD), Series A
Sep 04, 2018
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Investors
Société Générale
& 6 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Shine
Shine offers a comprehensive portfolio of products and services, including Professional Account, Business Cards, Invoicing Tools, and Expense Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A professional account is provided for business management.
Business cards are offered for professional financial transactions.
Invoicing tools are provided for efficient client billing.
Expense management solutions are offered for team spending.
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Software Development Team
3 people
Leadership Team
1 people
Contrôleur Team
1 people
Fraud Team
1 people
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Funding Insights of Shine
Shine has successfully raised a total of $12.49M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $9.3 million completed in September 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $9.3M
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First Round
First Round
(11 Jul 2017)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Series A - Shine | Valuation | XAnge | |
| Jul, 2017 | Amount | Seed - Shine | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Shine
Shine has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Société Générale, Ageras and Daphni. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Tech focused VC firm investing in seed & early stage startups based in Europe
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Founded Year | Domain | Location | |
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Seed-stage investments in startups are provided by Kima Ventures.
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Founded Year | Domain | Location | |
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Venture capital fund focused on tech companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Shine
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Shine
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Shine Comparisons
Competitors of Shine
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Shine
Frequently Asked Questions about Shine
When was Shine founded?
Shine was founded in 2017.
Where is Shine located?
Shine is headquartered in Paris, France.
Is Shine a funded company?
Shine is a funded company, having raised a total of $12.49M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.19M, raised on Jul 11, 2017.
What does Shine do?
Shine is established as an online banking service tailored for professionals and businesses. It operates within the financial services sector, focusing on providing accessible banking solutions. Services are offered to freelancers, small and medium-sized enterprises, and startups. Comprehensive tools for account management, invoicing, and expense tracking are provided. A free account option is included, alongside premium plans with additional features. Customer support is ensured 7 days a week, emphasizing user satisfaction and security of funds.
What products or services does Shine offer?
Shine offers Professional Account, Business Cards, Invoicing Tools, and Expense Management.
Who are Shine's investors?
Shine has 7 investors. Key investors include Société Générale, Ageras, Daphni, Kima Ventures, and Ed Zimmermаn.
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