SH Fund

SH Fund (a.k.a. SH Capital) is a $50M+ solo-GP venture fund led by Sabrina Hahn, investing in transformational technologies across Web3 and the broader tech stack.

Profile

  • Type: Solo-GP venture capital fund.
  • Fund size: $50M+.
  • Legal entity: SH Fund Management LLC, New York, NY — an investment manager focused on transformational technologies including Web3 and other sectors, participating in early-stage capital. Founded 2022.^[single-source — MarketScreener] (An SEC EDGAR Form D filer “SH Fund, LP” exists under CIK 1912867; the LLC name is also corroborated by NY business records via bizprofile.net.)
  • General Partner: Sabrina Hahn (founder), a Forbes 30 Under 30 honoree, former youngest-ever Director at Pace Gallery (NYC), and ConstitutionDAO core team member.

Focus

  • Primary orientation: Web3 / crypto, positioned alongside broader technology coverage.
  • Stated areas: transformational technologies including Web3, AI, enterprise, data, and developer tools (per VC Sheet).^[single-source — VC Sheet] CypherHunter lists DeFi, NFT marketplaces, gaming, data infrastructure, and developer tools.
  • Stage: early-stage capital.

LP base

SH Fund has a highly concentrated, tier-1 LP base unusual for a solo-GP fund. Reported limited partners and backers include:

  • Institutions: Sequoia, Greylock, Kleiner Perkins, Insight Partners, Tiger Global, Thrive Capital.
  • Individuals: Marc Andreessen (a16z), Chris Dixon (a16z crypto), Arianna Simpson (a16z crypto), Ali Yahya (a16z crypto), Matt Huang (Paradigm), Fred Ehrsam (Paradigm / Coinbase co-founder), Sarah Tavel.^[single-source — WebSearch aggregate / CypherHunter]

The fund’s signaling value is outsized: an SH Fund check carries implicit visibility to this elite LP roster.

Fundraise relevance (init.inc)

  • Tracked in the init.inc CRM as SH Fund / Sabrina Hahn, relationship fundraise-firm.
  • Warm-intro to Sabrina was attempted via Karun Kaushik (~2026-04-29) but delayed due to personal bereavement — see the Sabrina Hahn page for current status.
  • Sabrina Hahn — founder and solo GP of SH Fund.
  • Karun Kaushik — intro source for the SH Fund relationship.