# 57 Stars

> 57 Stars is a VC fund in Washington backing Software and SaaS. See 15 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Washington, United States
- Total investments: 15
- Last investment: Apr 2026
- Lead investor: 53%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/57-stars-llc
- Website: http://www.57stars.net/

57 Stars is an independent asset manager focused on investing in primary and secondary private equity partnerships and co-investments in select markets outside of the United States, primarily in emerging markets.

## Contacts

5 contacts available for 57 Stars. Shizune tracks 3 team members at 57 Stars. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/57-stars?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 3 | 20% |
| SaaS | 2 | 13% |
| Logistics | 2 | 13% |
| Health Care | 2 | 13% |
| Manufacturing | 2 | 13% |

41 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series C | 4 | 27% |
| Funding Round | 2 | 13% |
| Secondary Market | 2 | 13% |
| Venture - Series Unknown | 2 | 13% |
| Seed | 1 | 7% |

8 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 4 | 27% |
| United Kingdom | 4 | 27% |
| China | 1 | 7% |
| Israel | 1 | 7% |
| Singapore | 1 | 7% |

6 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Carl Balit | Director | 0 | https://shizune.co/investors/profile/carl-balit |
| Gene Pohren | Co-Founder & Managing Director | 2 | https://shizune.co/investors/profile/gene-pohren |
| Steve Cowan | Managing Director & Co-Founder | 0 | https://shizune.co/investors/profile/steve-cowan |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Cirdan | Cirdan provides informatics and imaging solutions. They offer the design and development of imaging sensors that are produced by using X-ray, near-infrared, and visible light wavelengths in high-performance cameras, enabling healthcare professionals to enhance and speed up the diagnosis of patients. | $4.1M | Venture - Series Unknown | Apr 14, 2026 |  |
| Xoxoday | Xoxoday offers a suite of products that empower organisations to drive growth through meaningful rewards, recognition, loyalty, and engagement programs. Our suite includes five core products: Plum, a rewards and incentives platform with a global redemption marketplace; Empuls, an employee engagement and recognition tool; Loyalife, a platform forrunning customer loyalty programs; Compass, a sales commission and incentive automation system; and Loopr, a solution for managing and distributing merchant offers.We work with over 5,000 businesses worldwide ranging from fast-growing startups to Fortune 500 companies like Freshworks, Grammarly, and H&M. Our products are used by teams in HR, sales, marketing, product, customer experience, and partnerships to drive measurable outcomes: improving engagement, increasing conversion rates, reducing customer acquisition costs, and lowering employee attrition.The platform supports 10 million+ reward options across 175 countries and 30+ categories. We support 50+ languages, 55+ currencies, and integrate with over 100 popular business tools such as Slack, Teams, HubSpot, Workday, and SAP. Rewards include digital gift cards, merchandise, travel, experiences, and charitable donations. We offer global support, enterprise-grade security, and a flexible pricing structure to fit different needs. Headquartered across 12 global offices, including the US, Xoxoday is committed to helping companies create lasting emotional connections with their employees, customers, partners, and merchants. |  | Series C | Jan 14, 2026 |  |
| IceMos Technology | Icemos Technology Ltd. provides thick film bonded SOI (silicon on insulator) wafers. It offers bonded SOI wafers, Si-Si bonded wafers, customized engineered substrate solutions, and wafer interconnect technology. The company also provides foundry services, such as IC processing services and MEMS or MST (microsystems technology) processing services.Its products are used in various applications, such as telecommunications products and optical devices; dielectrically isolated integrated circuits; solid state relays; and micromachined components for sensors and actuators. The company serves telecommunications, automotive, entertainment, medical, and instrumentation sectors. Icemos Technology Ltd. was incorporated in 2003 and is based in Belfast, United Kingdom. | $22M | Series E | Apr 02, 2025 |  |
| Axial3D | 3D printing is revolutionizing healthcare and Axial3D is at the forefront of this innovation with a vision to make 3D printing a part of mainstream medical practice. They create precise, patient-specific 3D printed models generated directly from patient CT and MRI scan data. 3D printed models facilitate a better understanding of abnormalities,encourage novel surgical techniques and improve the surgical outcome for patients. Providing a unique Online Ordering Portal to securely upload scans in minutes, their expert team use the latest 3D printing technology to create precise physical 3D printed models of your patient’s anatomy and deliver directly to the consultant. | $18.2M |  | Dec 17, 2024 |  |
| Cirdan | Cirdan provides informatics and imaging solutions. They offer the design and development of imaging sensors that are produced by using X-ray, near-infrared, and visible light wavelengths in high-performance cameras, enabling healthcare professionals to enhance and speed up the diagnosis of patients. | $9.8M |  | Oct 15, 2024 |  |
| Capillary Technologies | Capillary’s technology solutions help businesses get ahead of the digital evolution and stay ‘Always Consumer Ready’. The experience platform integrates Artificial Intelligence and Machine Learning to make it easy for brands to get deep understanding and insights into their consumers, engage consumers through personalized 1:1 communication,provide easy and connected cross-channel commerce experiences and build loyalty to reward and retain their best consumers.Over 300 marquee brands across 30+ countries, including Pizza Hut, VF Brands, Walmart, Al-Futtaim, KFC, Starbucks, Madura Garments, Courts and Samsung, trust Capillary to enable easy and seamless consumer experiences. With over 300 million consumers and 25,000 stores on the platform, Capillary is Asia’s leading SaaS product company. Over 700 Capillary associates across 11 global offices are continually innovating to find new ways for brands to make their consumers’ lives easier, and experiences memorable.Founded in 2008, Capillary is backed by Warburg Pincus, Sequoia Capital, Norwest Venture Partners, Qualcomm Ventures, and American Express Ventures. Explore more at https://www.capillarytech.com/ | $95M | Secondary Market | Feb 27, 2024 |  |
| Capillary Technologies | Capillary’s technology solutions help businesses get ahead of the digital evolution and stay ‘Always Consumer Ready’. The experience platform integrates Artificial Intelligence and Machine Learning to make it easy for brands to get deep understanding and insights into their consumers, engage consumers through personalized 1:1 communication,provide easy and connected cross-channel commerce experiences and build loyalty to reward and retain their best consumers.Over 300 marquee brands across 30+ countries, including Pizza Hut, VF Brands, Walmart, Al-Futtaim, KFC, Starbucks, Madura Garments, Courts and Samsung, trust Capillary to enable easy and seamless consumer experiences. With over 300 million consumers and 25,000 stores on the platform, Capillary is Asia’s leading SaaS product company. Over 700 Capillary associates across 11 global offices are continually innovating to find new ways for brands to make their consumers’ lives easier, and experiences memorable.Founded in 2008, Capillary is backed by Warburg Pincus, Sequoia Capital, Norwest Venture Partners, Qualcomm Ventures, and American Express Ventures. Explore more at https://www.capillarytech.com/ | $40M | Series D | May 31, 2023 |  |
| WayCool | Waycool is an agri-tech company that processes, distributes, and procures fresh produce, dairy products, and staples. The company helps increase farmers’ income, through innovative quality management and food safety technology. It leverages technology and innovation to improve logistics and distribution services. Waycool distributes farm-sourcedfruits, vegetables, and other produce to local shops and modern retail outlets. They have a retail presence, currently in Chennai, through the brand SunnyBee, operating retail stores, mobile stores on trucks, and e-commerce. In addition, there are a number of high-quality private label products that SunnyBee produces and brands through partnerships with sister companies. WayCool establishes direct links to farmers and consumers using physical and information technology to link them efficiently. | $25M | Venture - Series Unknown | Jun 22, 2022 |  |
| WayCool | Waycool is an agri-tech company that processes, distributes, and procures fresh produce, dairy products, and staples. The company helps increase farmers’ income, through innovative quality management and food safety technology. It leverages technology and innovation to improve logistics and distribution services. Waycool distributes farm-sourcedfruits, vegetables, and other produce to local shops and modern retail outlets. They have a retail presence, currently in Chennai, through the brand SunnyBee, operating retail stores, mobile stores on trucks, and e-commerce. In addition, there are a number of high-quality private label products that SunnyBee produces and brands through partnerships with sister companies. WayCool establishes direct links to farmers and consumers using physical and information technology to link them efficiently. | $25M | Venture - Series Unknown | Jun 22, 2022 |  |
| Loadshare Networks | Loadshare Networks provides the technology platform, operations know-how, besides providing guidance on business development and branding. It also offers other services, ranging from first-mile, line-haul, and last-mile deliveries to modular logistics software solutions.The services offered by Loadshare Networks Pvt. Ltd. range from first-mile,line-haul, last-mile deliveries, and modular logistics software solution to partners. It is primarily focussed on business-to-consumer (B2C) logistics and has plans to foray into B2B logistics. | $40.1M | Series C | Feb 01, 2022 |  |

10 of 15 investments shown.

## Co-investors
- [MML Growth Capital Partners Ireland](https://shizune.co/investors/profile/mml-growth-capital-partners-irish) — VC Fund, 4 deals together
- [Apis Partners](https://shizune.co/investors/profile/apis-partners) — VC Fund, 3 deals together
- [Clarendon Fund Managers](https://shizune.co/investors/profile/clarendon-fund-managers) — VC Fund, 3 deals together
- [Filter Capital](https://shizune.co/investors/profile/filter-capital) — VC Fund, 3 deals together
- [Avataar Venture Partners](https://shizune.co/investors/profile/avataar-venture-partners) — VC Fund, 2 deals together
- [Pantheon Ventures](https://shizune.co/investors/profile/pantheon-ventures) — VC Fund, 2 deals together

## Similar investors

### Similar stage
- [Sequoia Capital](https://shizune.co/investors/profile/sequoia-capital) — VC Fund
- [New Enterprise Associates](https://shizune.co/investors/profile/new-enterprise-associates) — VC Fund
- [Bessemer Venture Partners](https://shizune.co/investors/profile/bessemer-venture-partners) — VC Fund

## FAQ

### What does 57 Stars invest in?

57 Stars invests primarily in Software, SaaS and Logistics startups, most often at Series C and Funding Round stage. Most of the 15 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact 57 Stars?

Public channels for 57 Stars include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at 57 Stars?

The team at 57 Stars includes Carl Balit (Director), Gene Pohren (Co-Founder & Managing Director) and Steve Cowan (Managing Director & Co-Founder). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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