About The Shine App
The Shine App is a company based in New York (United States) founded in 2015 by Chloe Lee was acquired by HeadSpace in September 2022.. The Shine App has raised $10.88 million across 4 funding rounds from investors including Comcast, The New York Times and Eniac Ventures. The Shine App operates in a competitive market with competitors including Headspace, Endel, aptihealth, NUE Life and Freespira, among others.
- Headquarter New York, United States
- Founders Chloe Lee
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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Funding Insights of The Shine App
The Shine App has successfully raised a total of $10.88M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $2.57 million completed in October 2020. 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 4
- Last Round Series A — $2.6M
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First Round
First Round
(03 May 2016)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Series A - The Shine App | Valuation |
investors |
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| Apr, 2018 | Amount | Series A - The Shine App | Valuation | Eniac Ventures , Comcast |
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| Apr, 2017 | Amount | Series A - The Shine App | Valuation | Betaworks , Eniac Ventures |
| 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 The Shine App
The Shine App has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Comcast, The New York Times and Eniac Ventures. 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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US focused seed and early-stage VC firm
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Founded Year | Domain | Location | |
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Investing in creators, organizing AI events, and building community in New York.
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Founded Year | Domain | Location | |
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Tech companies are funded by this London-based venture capital firm.
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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 The Shine App
| 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 - The Shine App
| 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 |
The Shine App Comparisons
Competitors of The Shine App
The Shine App operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Headspace, Endel, aptihealth, NUE Life and Freespira, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mindfulness and mental wellness tools and services are provided.
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| domain | founded_year | HQ Location |
Personalized soundscapes are created by Endel to enhance focus, relaxation, and sleep.
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| domain | founded_year | HQ Location |
Provider of practice management and mental health solutions for patients, providers, and employees
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| domain | founded_year | HQ Location |
Personalized stress management programs are offered by NUE Life.
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| domain | founded_year | HQ Location |
Panic disorders are treated via breathing device and mobile app.
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| domain | founded_year | HQ Location |
Platform for improved mental & emotional health through gamification
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| 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 The Shine App
Frequently Asked Questions about The Shine App
When was The Shine App founded?
The Shine App was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is The Shine App located?
The Shine App is headquartered in New York, United States. It is registered at New York, New York, United States.
Is The Shine App a funded company?
The Shine App is a funded company, having raised a total of $10.88M across 4 funding rounds to date. The company's 1st funding round was a Series A of $2.51M, raised on May 03, 2016.
What does The Shine App do?
Founded in 2015 and based in New York, United States, Shine operates in the wellness sector as a mobile platform. Daily self-care is supported through access to meditation and stress management videos. Users are enabled to listen to content regularly and save selected messages or sessions to create personalized toolkits. Operations focus on individual mental health resources within the app environment.
Who are the top competitors of The Shine App?
The Shine App's top competitors include Headspace, Learn to Live and Happify.
Who are The Shine App's investors?
The Shine App has 10 investors. Key investors include Comcast, The New York Times, Eniac Ventures, Betaworks, and Felix Capital.