Sunshine Lake Capital is a seed-stage venture firm investing in founders with extreme origins and the psychology to see market shifts others miss. The firm backs companies reimagining critical global systems—trade, money, care, work, energy, and risk—and has invested in Groupon, Airbnb, SpotHero, Deel, Brex, Kalshi, Headway, and Checkr. Founded by Don Stalter (co-founder of CityDeal, acquired by Groupon; early Airbnb growth leader across Europe and Asia-Pacific), Sunshine Lake operates from San Francisco with EMEA coverage from London. The firm sources by invitation through its global founder network and runs exclusive convenings ("The Speakeasy") across cities from San Francisco to Athens.

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