Founders Fund

Founders Fund is a San Francisco-based venture capital firm that backs science and technology companies across multiple stages, from seed to late-stage. It pursues transformative technologies and follows a founder-friendly investment approach that provides substantial support with minimal interference. The firm invests in ventures solving difficult problems across sectors such as aerospace and transportation, artificial intelligence, advanced computing, energy, healthcare, biotechnology, cybersecurity, fintech, consumer internet, software, robotics, and related technology fields. It has backed notable companies early, including SpaceX, Palantir, and Facebook, reflecting a history of partnering with ambitious founders to scale breakthrough technologies.

Lauren Gross

Partner and COO

Bridget Harris

Associate

Joey Krug

Partner

Jeffrey Lonsdale

Managing Director, Asia

John Luttig

Partner

Past deals in US Rockies

Crusoe Energy Systems

Series D in 2024
Crusoe Energy Systems Inc., based in Denver, Colorado, develops innovative technology and solutions aimed at addressing operational, environmental, and regulatory challenges in the oil and gas sector. Founded in 2018, the company specializes in its Digital Flare Mitigation solution, which allows upstream operators without pipeline access to convert wasted natural gas into electricity for energy-intensive computing. This service not only helps oil and gas producers reduce routine flaring of natural gas but also assists them in achieving regulatory compliance and maintaining production levels amid increasing regulations and pipeline constraints. Crusoe Energy Systems is committed to creating solutions that benefit the environment, local communities, and energy producers alike.

Anduril Industries

Series F in 2024
Anduril Industries is a defense technology company that designs, develops, and deploys hardware and software to address national security challenges for the United States and its allies. It offers the Lattice Platform, an AI-based system that fuses real-time data from computer vision, machine learning, and mesh networking into a single autonomous operating picture; Sentry Tower, which integrates data across the electromagnetic spectrum; Ghost sUAS, an unmanned autonomous, man-portable drone capable of performing missions with limited human intervention; and Anvil sUAS, a precision kinetic intercept that autonomously navigates to counter potential drone threats with visual verification by a human operator. Founded in 2017, Anduril is based in Irvine, California, with additional offices in Orange County, California; Washington, D.C.; and Seattle, Washington.

Chronosphere

Venture Round in 2023
Chronosphere, Inc. is a technology company that specializes in developing an open-source metrics data platform known as M3. Founded in 2019 and headquartered in New York, the company has additional offices in Seattle, Vilnius, and Warsaw. Chronosphere's platform provides comprehensive monitoring solutions for infrastructure, applications, and business metrics, enabling organizations to manage the complexities of cloud-native environments. By offering tools that help DevOps teams quickly identify and resolve issues across various layers of the technology stack, Chronosphere enhances operational reliability and supports data-driven decision-making. The platform is utilized by prominent brands to improve developer productivity, control costs, and enhance customer satisfaction.

Chronosphere

Series C in 2021
Chronosphere, Inc. is a technology company that specializes in developing an open-source metrics data platform known as M3. Founded in 2019 and headquartered in New York, the company has additional offices in Seattle, Vilnius, and Warsaw. Chronosphere's platform provides comprehensive monitoring solutions for infrastructure, applications, and business metrics, enabling organizations to manage the complexities of cloud-native environments. By offering tools that help DevOps teams quickly identify and resolve issues across various layers of the technology stack, Chronosphere enhances operational reliability and supports data-driven decision-making. The platform is utilized by prominent brands to improve developer productivity, control costs, and enhance customer satisfaction.

Teiko.bio

Venture Round in 2021
Founded in 2020, Teiko.bio is a Salt Lake City-based company that provides an immune profiling platform. This platform supports global clinical trials by offering blood preservation kits, cytometry panels, data reports, and tailored gating services. It enables clinicians to make informed decisions regarding patient response.

Mindbloom

Series A in 2021
Mindbloom is a mental health and wellness platform that provides at-home, clinician-prescribed psychedelic therapies, including guided ketamine sessions, to help individuals address anxiety and depression and improve overall well-being. The service pairs clients with licensed clinicians who review health history to determine suitability and guide treatment, ensuring physician oversight. The platform combines science-backed medicines designed by psychiatrists with behavioral science-based engagement and personalized media to support personal growth and sustained well-being. Mindbloom serves individual users and enterprise partners, and pursues research collaborations with academic institutions to advance understanding of digital and psychedelic therapies.

Anduril Industries

Series D in 2021
Anduril Industries is a defense technology company that designs, develops, and deploys hardware and software to address national security challenges for the United States and its allies. It offers the Lattice Platform, an AI-based system that fuses real-time data from computer vision, machine learning, and mesh networking into a single autonomous operating picture; Sentry Tower, which integrates data across the electromagnetic spectrum; Ghost sUAS, an unmanned autonomous, man-portable drone capable of performing missions with limited human intervention; and Anvil sUAS, a precision kinetic intercept that autonomously navigates to counter potential drone threats with visual verification by a human operator. Founded in 2017, Anduril is based in Irvine, California, with additional offices in Orange County, California; Washington, D.C.; and Seattle, Washington.

Collective Health

Series F in 2021
Collective Health provides a cloud-based health benefits platform that unifies medical, dental, vision, pharmacy, and related programs into a single administration experience, helping employers simplify benefits, guide employees in understanding and navigating care, and manage costs and outcomes. The platform offers integrated administration of all health plans through one portal, with live concierge support and digital tools to find and manage care, and connects employees with medical, pharmacy, dental, and vision providers. Headquartered in San Francisco with offices in Chicago and Lehi, it aims to reduce the administrative burden of delivering benefits while improving member experience and overall health outcomes.

Crusoe Energy Systems

Series B in 2021
Crusoe Energy Systems Inc., based in Denver, Colorado, develops innovative technology and solutions aimed at addressing operational, environmental, and regulatory challenges in the oil and gas sector. Founded in 2018, the company specializes in its Digital Flare Mitigation solution, which allows upstream operators without pipeline access to convert wasted natural gas into electricity for energy-intensive computing. This service not only helps oil and gas producers reduce routine flaring of natural gas but also assists them in achieving regulatory compliance and maintaining production levels amid increasing regulations and pipeline constraints. Crusoe Energy Systems is committed to creating solutions that benefit the environment, local communities, and energy producers alike.

Anduril Industries

Series C in 2020
Anduril Industries is a defense technology company that designs, develops, and deploys hardware and software to address national security challenges for the United States and its allies. It offers the Lattice Platform, an AI-based system that fuses real-time data from computer vision, machine learning, and mesh networking into a single autonomous operating picture; Sentry Tower, which integrates data across the electromagnetic spectrum; Ghost sUAS, an unmanned autonomous, man-portable drone capable of performing missions with limited human intervention; and Anvil sUAS, a precision kinetic intercept that autonomously navigates to counter potential drone threats with visual verification by a human operator. Founded in 2017, Anduril is based in Irvine, California, with additional offices in Orange County, California; Washington, D.C.; and Seattle, Washington.

Modumetal

Venture Round in 2019
Modumetal, Inc. specializes in the development and manufacturing of nano-laminated metals and materials, catering to various industries including energy, aerospace, automotive, defense, infrastructure, and construction. Founded in 2006 and based in Seattle, Washington, with an additional sales office in The Woodlands, Texas, the company utilizes a proprietary technology that produces these alloys at an industrial scale. Modumetal's products are engineered to be stronger, lighter, and more corrosion-resistant than traditional metals, achieved through a manufacturing process that employs electricity instead of heat, thereby minimizing environmental impact. The company's offerings include customized alloys, nano-laminated fasteners, pumps, valves, and production tubulars, all designed to enhance performance and durability while maintaining competitive pricing compared to conventional materials.

Crusoe Energy Systems

Venture Round in 2019
Crusoe Energy Systems Inc., based in Denver, Colorado, develops innovative technology and solutions aimed at addressing operational, environmental, and regulatory challenges in the oil and gas sector. Founded in 2018, the company specializes in its Digital Flare Mitigation solution, which allows upstream operators without pipeline access to convert wasted natural gas into electricity for energy-intensive computing. This service not only helps oil and gas producers reduce routine flaring of natural gas but also assists them in achieving regulatory compliance and maintaining production levels amid increasing regulations and pipeline constraints. Crusoe Energy Systems is committed to creating solutions that benefit the environment, local communities, and energy producers alike.

Anduril Industries

Series B in 2019
Anduril Industries is a defense technology company that designs, develops, and deploys hardware and software to address national security challenges for the United States and its allies. It offers the Lattice Platform, an AI-based system that fuses real-time data from computer vision, machine learning, and mesh networking into a single autonomous operating picture; Sentry Tower, which integrates data across the electromagnetic spectrum; Ghost sUAS, an unmanned autonomous, man-portable drone capable of performing missions with limited human intervention; and Anvil sUAS, a precision kinetic intercept that autonomously navigates to counter potential drone threats with visual verification by a human operator. Founded in 2017, Anduril is based in Irvine, California, with additional offices in Orange County, California; Washington, D.C.; and Seattle, Washington.

Long-Term Stock Exchange

Series B in 2019
The Long-Term Stock Exchange (LTSE) is a national securities exchange regulated by the SEC, established to foster alignment between companies and long-term investors with an emphasis on value creation. Founded in 2015 and headquartered in San Francisco, LTSE aims to reverse the decline in the number of public companies in the United States by offering a new venue for listings that prioritizes long-term growth and sustainability. The organization has assembled a team of experts in finance, regulation, law, and technology, strategically located in New York, San Francisco, and Washington, D.C. Through its innovative approach, LTSE seeks to enhance the experience for public companies and investors, ultimately promoting a healthier financial ecosystem focused on enduring value.

Sana Health

Convertible Note in 2019
Sana Health, Inc. is a digital health company based in Lafayette, Colorado, with an additional office in Mill Valley, California. Founded in 2015, the company specializes in developing bio-therapeutic devices designed to promote relaxation and alleviate pain and tension. Its flagship product, Sana, is a non-addictive mask and headphone combination that utilizes audiovisual stimulation to enhance the balance between the left and right sides of the brain, facilitating a deep meditative state. This device employs coordinated pulses of light and sound to guide users into relaxation, mimicking the benefits of long-term meditation practices. Sana Health is also engaged in multiple clinical studies, focusing on applications for conditions such as fibromyalgia and neuropathic pain, as well as trials related to anxiety and PTSD. The company offers its products for sale online and provides a mobile application accessible via major app platforms.

Collective Health

Series E in 2019
Collective Health provides a cloud-based health benefits platform that unifies medical, dental, vision, pharmacy, and related programs into a single administration experience, helping employers simplify benefits, guide employees in understanding and navigating care, and manage costs and outcomes. The platform offers integrated administration of all health plans through one portal, with live concierge support and digital tools to find and manage care, and connects employees with medical, pharmacy, dental, and vision providers. Headquartered in San Francisco with offices in Chicago and Lehi, it aims to reduce the administrative burden of delivering benefits while improving member experience and overall health outcomes.

Modumetal

Venture Round in 2019
Modumetal, Inc. specializes in the development and manufacturing of nano-laminated metals and materials, catering to various industries including energy, aerospace, automotive, defense, infrastructure, and construction. Founded in 2006 and based in Seattle, Washington, with an additional sales office in The Woodlands, Texas, the company utilizes a proprietary technology that produces these alloys at an industrial scale. Modumetal's products are engineered to be stronger, lighter, and more corrosion-resistant than traditional metals, achieved through a manufacturing process that employs electricity instead of heat, thereby minimizing environmental impact. The company's offerings include customized alloys, nano-laminated fasteners, pumps, valves, and production tubulars, all designed to enhance performance and durability while maintaining competitive pricing compared to conventional materials.

Anduril Industries

Series A in 2018
Anduril Industries is a defense technology company that designs, develops, and deploys hardware and software to address national security challenges for the United States and its allies. It offers the Lattice Platform, an AI-based system that fuses real-time data from computer vision, machine learning, and mesh networking into a single autonomous operating picture; Sentry Tower, which integrates data across the electromagnetic spectrum; Ghost sUAS, an unmanned autonomous, man-portable drone capable of performing missions with limited human intervention; and Anvil sUAS, a precision kinetic intercept that autonomously navigates to counter potential drone threats with visual verification by a human operator. Founded in 2017, Anduril is based in Irvine, California, with additional offices in Orange County, California; Washington, D.C.; and Seattle, Washington.

Collective Health

Series D in 2018
Collective Health provides a cloud-based health benefits platform that unifies medical, dental, vision, pharmacy, and related programs into a single administration experience, helping employers simplify benefits, guide employees in understanding and navigating care, and manage costs and outcomes. The platform offers integrated administration of all health plans through one portal, with live concierge support and digital tools to find and manage care, and connects employees with medical, pharmacy, dental, and vision providers. Headquartered in San Francisco with offices in Chicago and Lehi, it aims to reduce the administrative burden of delivering benefits while improving member experience and overall health outcomes.

Anduril Industries

Seed Round in 2017
Anduril Industries is a defense technology company that designs, develops, and deploys hardware and software to address national security challenges for the United States and its allies. It offers the Lattice Platform, an AI-based system that fuses real-time data from computer vision, machine learning, and mesh networking into a single autonomous operating picture; Sentry Tower, which integrates data across the electromagnetic spectrum; Ghost sUAS, an unmanned autonomous, man-portable drone capable of performing missions with limited human intervention; and Anvil sUAS, a precision kinetic intercept that autonomously navigates to counter potential drone threats with visual verification by a human operator. Founded in 2017, Anduril is based in Irvine, California, with additional offices in Orange County, California; Washington, D.C.; and Seattle, Washington.

Sana Health

Seed Round in 2017
Sana Health, Inc. is a digital health company based in Lafayette, Colorado, with an additional office in Mill Valley, California. Founded in 2015, the company specializes in developing bio-therapeutic devices designed to promote relaxation and alleviate pain and tension. Its flagship product, Sana, is a non-addictive mask and headphone combination that utilizes audiovisual stimulation to enhance the balance between the left and right sides of the brain, facilitating a deep meditative state. This device employs coordinated pulses of light and sound to guide users into relaxation, mimicking the benefits of long-term meditation practices. Sana Health is also engaged in multiple clinical studies, focusing on applications for conditions such as fibromyalgia and neuropathic pain, as well as trials related to anxiety and PTSD. The company offers its products for sale online and provides a mobile application accessible via major app platforms.

Cloudability

Series B in 2016
Cloudability Inc. is a financial management company that specializes in cloud cost management software solutions. Established in 2011 and headquartered in Portland, Oregon, the company provides a platform that enables organizations to monitor, manage, and optimize their cloud expenditures. Its services include budgeting alerts, reporting tools, customizable dashboards, and anomaly detection that identifies unusual spending patterns while filtering out false positives. Cloudability's True Cost Explorer allows enterprises to analyze vendor billing comprehensively. The platform aggregates real-time financial data using advanced analytics and machine learning, offering IT, finance, and business teams detailed insights into cloud spending. Cloudability serves a diverse range of clients, including operational teams, product owners, finance departments, and executives, and operates additional offices in Seattle, Boulder, Sydney, and London.

Vivint Solar

Private Equity Round in 2016
Vivint Solar, based in Lehi, Utah, specializes in providing residential solar energy solutions in the United States. The company designs, installs, and maintains solar energy systems for homeowners, offering flexible financing options including power purchase agreements and leases. Vivint Solar also provides solar plus storage systems with LG Chem home batteries and electric vehicle chargers with ChargePoint Home. As of 2019, the company had an aggregate capacity of 1,294.0 megawatts, serving approximately 188,300 homes.

Collective Health

Series C in 2015
Collective Health provides a cloud-based health benefits platform that unifies medical, dental, vision, pharmacy, and related programs into a single administration experience, helping employers simplify benefits, guide employees in understanding and navigating care, and manage costs and outcomes. The platform offers integrated administration of all health plans through one portal, with live concierge support and digital tools to find and manage care, and connects employees with medical, pharmacy, dental, and vision providers. Headquartered in San Francisco with offices in Chicago and Lehi, it aims to reduce the administrative burden of delivering benefits while improving member experience and overall health outcomes.

Modumetal

Venture Round in 2015
Modumetal, Inc. specializes in the development and manufacturing of nano-laminated metals and materials, catering to various industries including energy, aerospace, automotive, defense, infrastructure, and construction. Founded in 2006 and based in Seattle, Washington, with an additional sales office in The Woodlands, Texas, the company utilizes a proprietary technology that produces these alloys at an industrial scale. Modumetal's products are engineered to be stronger, lighter, and more corrosion-resistant than traditional metals, achieved through a manufacturing process that employs electricity instead of heat, thereby minimizing environmental impact. The company's offerings include customized alloys, nano-laminated fasteners, pumps, valves, and production tubulars, all designed to enhance performance and durability while maintaining competitive pricing compared to conventional materials.

Privateer Holdings

Series B in 2015
Founded in 2011, Privateer Holdings is a private equity firm specializing in investments within the legal cannabis sector. It aims to build global brands that lead and define this emerging industry.

Collective Health

Series B in 2015
Collective Health provides a cloud-based health benefits platform that unifies medical, dental, vision, pharmacy, and related programs into a single administration experience, helping employers simplify benefits, guide employees in understanding and navigating care, and manage costs and outcomes. The platform offers integrated administration of all health plans through one portal, with live concierge support and digital tools to find and manage care, and connects employees with medical, pharmacy, dental, and vision providers. Headquartered in San Francisco with offices in Chicago and Lehi, it aims to reduce the administrative burden of delivering benefits while improving member experience and overall health outcomes.

Collective Health

Series B in 2015
Collective Health provides a cloud-based health benefits platform that unifies medical, dental, vision, pharmacy, and related programs into a single administration experience, helping employers simplify benefits, guide employees in understanding and navigating care, and manage costs and outcomes. The platform offers integrated administration of all health plans through one portal, with live concierge support and digital tools to find and manage care, and connects employees with medical, pharmacy, dental, and vision providers. Headquartered in San Francisco with offices in Chicago and Lehi, it aims to reduce the administrative burden of delivering benefits while improving member experience and overall health outcomes.

Postmates

Series C in 2015
Postmates Inc. is an on-demand food and grocery delivery platform based in San Francisco, California. Founded in 2011, the company connects customers with local couriers to facilitate the delivery of products from a wide range of stores and restaurants across the United States. With access to over 600,000 merchants, including exclusive offerings, Postmates enables users to discover, order, and track groceries, alcohol, and meals with ease. The platform is particularly prominent in Los Angeles and covers 80% of U.S. households, serving customers in all 50 states. Additionally, Postmates offers a subscription service, Postmates Unlimited, which provides free delivery from all participating merchants, enhancing the convenience of its service.

Porch Group

Series B in 2015
Porch.com, Inc. operates an online platform designed to connect homeowners with local home repair services and facilitate the arrangement of installation services for products purchased through e-commerce channels. Founded in 2011 and based in Seattle, Washington, the company provides a range of services to enhance the homeownership experience. Its offerings include a moving concierge service that assists homebuyers in navigating essential services such as insurance, security, and internet services, thereby streamlining the moving process. Furthermore, Porch provides software solutions tailored for home service providers, including tools for inspections and mortgage services, supporting various aspects of home management and improvement. The company also maintains a strategic partnership with Cinch Home Services Inc., enhancing its service offerings in the home services sector.

Immusoft

Series A in 2014
Immusoft is a biotechnology company that develops autologous cell therapies using its Immune System Programming (ISP) technology. Founded in 2009 and headquartered in Seattle, Washington, the company reprograms patients' cells to produce gene-encoded medicines for treating various diseases.

Collective Health

Series A in 2014
Collective Health provides a cloud-based health benefits platform that unifies medical, dental, vision, pharmacy, and related programs into a single administration experience, helping employers simplify benefits, guide employees in understanding and navigating care, and manage costs and outcomes. The platform offers integrated administration of all health plans through one portal, with live concierge support and digital tools to find and manage care, and connects employees with medical, pharmacy, dental, and vision providers. Headquartered in San Francisco with offices in Chicago and Lehi, it aims to reduce the administrative burden of delivering benefits while improving member experience and overall health outcomes.

Postmates

Series A in 2013
Postmates Inc. is an on-demand food and grocery delivery platform based in San Francisco, California. Founded in 2011, the company connects customers with local couriers to facilitate the delivery of products from a wide range of stores and restaurants across the United States. With access to over 600,000 merchants, including exclusive offerings, Postmates enables users to discover, order, and track groceries, alcohol, and meals with ease. The platform is particularly prominent in Los Angeles and covers 80% of U.S. households, serving customers in all 50 states. Additionally, Postmates offers a subscription service, Postmates Unlimited, which provides free delivery from all participating merchants, enhancing the convenience of its service.

Domo

Series B in 2013
Domo operates a cloud-based platform that digitally connects employees at all levels with real-time data and insights, enabling business management via smartphones.

Postmates

Seed Round in 2012
Postmates Inc. is an on-demand food and grocery delivery platform based in San Francisco, California. Founded in 2011, the company connects customers with local couriers to facilitate the delivery of products from a wide range of stores and restaurants across the United States. With access to over 600,000 merchants, including exclusive offerings, Postmates enables users to discover, order, and track groceries, alcohol, and meals with ease. The platform is particularly prominent in Los Angeles and covers 80% of U.S. households, serving customers in all 50 states. Additionally, Postmates offers a subscription service, Postmates Unlimited, which provides free delivery from all participating merchants, enhancing the convenience of its service.

Lumier

Debt Financing in 2011
Lumier Corporation, established in 2010 and located in Seattle, Washington, specializes in the development of advanced computer technologies aimed at enhancing Human-Computer Interactions (HCI). The company focuses on creating an improved Windows operating system, along with innovations in kernel and operating system development and 3D graphics. Through its technological advancements, Lumier seeks to refine user experiences and interactions with computing systems.

Bitly

Series B in 2010
Bitly offers a link management platform enabling businesses to shorten, brand, optimize links, track analytics, gather audience insights, and measure campaign performance. Its solution supports cross-device and channel usage, with tools including browser plugins and software applications.

SendGrid

Series A in 2010
SendGrid is a cloud-based customer communication platform that helps businesses manage email-driven engagement. It offers an email API for developers to integrate email into applications, marketing tools to manage contact lists, create and test templates, and run campaigns with analytics to measure performance. The platform also provides expert services aimed at optimizing email delivery and deliverability. SendGrid handles large-scale email sending for a wide range of customers, from consumer internet services to enterprise brands, emphasizing reliable delivery and engagement. Founded in 2009 and based in Denver, Colorado, SendGrid grew to serve billions of emails monthly across diverse industries. In 2019, the company was acquired by Twilio, expanding Twilio’s communications platform with robust email capabilities.
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