BitShares is a software company which works on a number of financial solutions built on a Blockchain, including decentralized asset exchanges (DEX), banking, project funding, and others. It has its own Cryptocurrency token, BTS, which is used to power its network. 
The Founder of Bitshares is Dan Larimer.
On the second day of June 2013, an entrepreneur named Dan “Bytemaster” Larimer was struck with an idea.  Before sundown he had reworked his original BitShares whitepaper and published the whole new concept at bitcointalk.org
On American Independence Day, the Fourth of July 2013, Invictus Innovations was incorporated in the state of Virginia.
In September, the concept of a Distributed Autonomous Company (DAC) was invented and introduced to the world in two groundbreaking LetsTalkBitcoin.com articles:
Overpaying For Security
Bitcoin and the three laws of robotics