About Founders Fund
Founders Fund is a venture capital firm founded in 2005. It is primarily based out of San Francisco, United States. As of Jun 2026, Founders Fund is an active investor, having invested in 560 companies, with 26 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Series F round of Ramp Overall, Founders Fund portfolio has seen 51 unicorns, 28 IPOs and 130 acquisitions including key companies like Nubank, Facebook and Lyft. A lot of funds co-invest with Founders Fund, with names like Andreessen Horowitz sharing a substantial percentage of its portfolio. Founders Fund has team of 34 people including 20 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 8 more
Deals in last 12 months
Founders Fund's List of Top Investments
Founders Fund has a portfolio of 560 companies, including 51 unicorns. Their most notable investments are in Grit and Elemental Machines.Their portfolio spans across United States, United Kingdom, Germany and 23 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 37 other sectors, across stages such as Series A, Seed and 8 more. Here is the list of top investments by Founders Fund:
1. Nubank
Provider of digital banking services, including credit cards and accounts. It offers various financial solutions through its application. These solutions include tools for managing money and protecting finances. The company focuses on providing accessible and straightforward banking experiences.
Key facts about Nubank
- Founded Year: 2013
- Location: Sao Paulo (Brazil)
- Annual Revenue: €46.6B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $2.27B
- Employee Count: 11,551 as on Mar 31, 2026
- Investors: Harvest Growth Capital, Berkshire Hathaway and 39 Others
- Latest Funding Round: Series G, Jun 08, 2021, $*****
- Highlight: Public
2. OpenAI
AI research and deployment solutions developing advanced artificial intelligence systems and tools for global use. It support a wide range of applications across productivity, development, and enterprise use cases. Engages in foundational AI research, model development, and safety work to improve the capabilities and reliability of large-scale AI systems. Operates as a public benefit organization with a mission centered on ensuring that artificial general intelligence benefits humanity through safe and responsible deployment.
Key facts about OpenAI
- Founded Year: 2015
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $180B
- Employee Count: 9,268 as on May 31, 2026
- Investors: Glynn Capital, Fidelity Investments and 85 Others
- Latest Funding Round: Series G, Apr 22, 2026, $*****
- Highlight: Editors' Pick
3. Facebook
Operator of a social networking service facilitating connection and communication. Its services allows users to connect with friends, family, and other individuals. It provides tools for sharing updates, photos, and videos. The platform also offers features for creating and joining groups, following interests, and discovering content.
Key facts about Facebook
- Founded Year: 2004
- Location: Menlo Park (United States)
- Annual Revenue: $201B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $2.27B
- Employee Count: 26,594 as on May 31, 2026
- Investors: Sprout Capital Partners, Meritech and 118 Others
- Latest Funding Round: Grant (prize money), Jan 15, 2017, $*****
- Highlight: Public
4. Lyft
Network facilitating on-demand transportation and ride scheduling services for individuals. It provides options for immediate rides, scheduled pickups, and various vehicle types. The network offers programs for business transportation needs. It also focuses on safety measures and community support initiatives.
Key facts about Lyft
- Founded Year: 2007
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $5.02B
- Employee Count: 3,913 as on Dec 31, 2025
- Investors: Kaplan Group Investments, HTIF and 161 Others
- Latest Funding Round: Series I, Aug 06, 2018, $*****
- Highlight: Public
5. Affirm
Provider of point of sale financing solutions for consumers and merchants. It facilitates payment plans with transparent terms and no hidden fees. The company provides options for consumers to pay over time at various retailers. It offers a mobile application and browser extension to manage payments.
Key facts about Affirm
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $3.22B as on Jun 30, 2025
- Stage: Public
- Total Funding till date: $1.22B
- Employee Count: 3,104 as on May 31, 2026
- Investors: Sprout Capital Partners, HTIF and 44 Others
- Latest Funding Round: Series G, Sep 17, 2020, $*****
- Highlight: Public
Founders Fund's Year-on-Year Investment Trends
Founders Fund has invested in 560 companies over the last 21 years, with an average of 35 new investments annually in the last 10 years. In 2025, it made 62 investments, while as of Jun 2026, it has made 28 investments in this year. Its most recent first time investment was in Westmag and most recent follow-on round was in Ramp.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 11 | 17 | 28 |
2025 | 21 | 41 | 62 |
2024 | 21 | 19 | 40 |
2023 | 26 | 16 | 42 |
2022 | 53 | 34 | 87 |
2021 | 62 | 54 | 116 |
2020 | 38 | 24 | 62 |
2019 | 43 | 22 | 65 |
2018 | 40 | 19 | 59 |
2017 | 21 | 16 | 37 |
Founders Fund's Investments by Stage
Founders Fund has made 212 investments in Series A stage with an average round size of $16.6M, 180 investments in Seed stage with an average round size of $6.65M and 83 investments in Series B stage with an average round size of $43.5M.Stage of entry | No. of Investments |
|---|---|
Series A | 212 |
Seed | 180 |
Series B | 83 |
Series C | 36 |
Series D | 11 |
Others | 13 |
Note: We have considered here, only first round of investments
Founders Fund's Investments by Sector
Founders Fund has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, High Tech, FinTech and HealthTech. Notably, it has invested in 504 Tech companies, 337 Enterprise (B2B) companies, 300 Software companies and at least 229 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 220 |
Consumer | 138 |
High Tech | 130 |
FinTech | 83 |
HealthTech | 63 |
Others | 661 |
Note: We have considered here, only first round of investments
Founders Fund's Investments by Geography
Founders Fund has made most investments in United States (458), followed by United Kingdom where it has made 10 investments.Country | No. of Investments |
|---|---|
United States | 458 |
United Kingdom | 10 |
Germany | 8 |
Norway | 8 |
Brazil | 7 |
Others | 44 |
Note: We have considered here, only first round of investments
Founders Fund's recent investments
Founders Fund has made 28 investments in 2026 so far. Ramp and Layup Parts are the latest among them.Here are the most recent investments by Founders Fund:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 04, 2026 | United States | Series F | 9261 | [+25] | |
Jun 03, 2026 | United States | Series A | 4686 | [+4] | |
Jun 02, 2026 | United States | Seed | 6199 | [+3] | |
Jun 02, 2026 | United States | Series C | 9560 | [+9] | |
May 28, 2026 | United States | Series E | 3041 | [+5] |
Unicorns in Founders Fund's Portfolio
Founders Fund has 51 unicorns in its portfolio - Hermeus, Nominal, Eight Sleep and others. The most recent unicorn in their portfolio is Hermeus. It became a unicorn in 2026, 4 years after Founders Fund first invested in it.Here is a list of unicorns in Founders Fund's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
64 | Manufacturer of supersonic aircraft | 2018 | Atlanta | Series C | nklracb | ||
63 | Provider of a unified industrial data stack for hardware engineering | 2017 | Los Angeles | Series B | ulb{uzy | ||
81 | Provider of AI-based internet-first brand of mattress and smart mattress covers | 2014 | New York City | Series D | tqxmzc{ | ||
65 | Builder of AI‑driven autonomous factories that manufacture precision components | 2021 | Los Angeles | Series C | f{iaeed | ||
60 | Developer of portable nuclear microreactors designed to replace diesel generators | 2019 | Los Angeles | Series D | kbqcjof |
IPOs and Publicly Listed companies in Founders Fund's Portfolio
28 of Founders Fund's portfolio companies have become public. BitGo got listed on the New York Stock Exchange (NYSE), in Jan 2026 at marketcap of $1.92B and Figma got listed on the New York Stock Exchange (NYSE) at marketcap of $13.5B.Here are Founders Fund's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 22, 2026 | Jun 16, 2014 | Series A | 1469 | |
Jul 31, 2025 | Feb 08, 2019 | Series C | 1372 | |
Mar 02, 2022 | Mar 28, 2017 | Series A | 5252 | |
Dec 09, 2021 | Jan 08, 2016 | Series C | 6793 | |
Jul 16, 2021 | Jan 20, 2016 | Series C | 9766 |
Acquired companies in Founders Fund's Portfolio
130 companies from Founders Fund's portfolio have been acquired. The most recent acquisition was Tachyus in Jun 2026 by SLB for $*****.Here are Founders Fund's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 01, 2026 | Dec 01, 2014 | Series A | 5270 | |
Apr 23, 2026 | Oct 23, 2019 | Series A | 3599 | |
Apr 15, 2026 | Nov 08, 2022 | Series A | 6724 | |
Apr 08, 2026 | Oct 24, 2019 | Seed | 3408 | |
Mar 10, 2026 | Nov 30, 2022 | Series B | 9838 |
Team profile of Founders Fund
Founders Fund has a team of 34 members including 20 Partners, 2 Venture Partners and 8 Principals located in United States, United Kingdom and 2 more locations. Founders Fund's team sits on the board of 9 companies.Here is a list of top team members in Founders Fund:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | San Francisco | |||
Partner | San Francisco | - | ||
Partner | Los Angeles | - | - | |
Partner | San Francisco | - | ||
Partner | New York City | - | ||
Partner | San Francisco | - | - | |
Partner | Miami | |||
Partner | San Francisco | - | - | |
Partner | Miami | - | - | |
Partner | United States | - | - |
Co-investors of Founders Fund
Over the past 21 years, 3856 investors have co-invested in Founders Fund's portfolio companies. This includes funds and angels.
- Invested before Founders Fund: Y Combinator, Khosla Ventures and 904 others have invested in rounds before Founders Fund. There are 40 companies where Y Combinator has invested before Founders Fund and 15 companies where Khosla Ventures has invested before Founders Fund.
- Top Co-investors of Founders Fund: 1267 investors entered a company along with Founders Fund. These include investors like Andreessen Horowitz (34 companies).
- Invested after Founders Fund: A total of 1683 investors have invested in Founders Fund's portfolio after their investments. Top Investors include Tiger Global Management (17 companies), Fidelity Investments (16 companies) and Andreessen Horowitz (16 companies).
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