Founders Fund

Founders Fund, Inc. is a venture capital firm headquartered in San Francisco, California, established in 2005. The firm specializes in investing across various stages, including seed, early, mid, and growth stages, with a focus on transformative technologies. Founders Fund targets a wide range of sectors, such as aerospace, artificial intelligence, advanced computing, biotechnology, cybersecurity, energy, fintech, and consumer internet. The firm aims to support companies that are developing revolutionary technologies and typically invests between $500,000 and $300 million in its portfolio companies. Founders Fund's partners have a strong background in technology, having been investors, founders, and early employees of notable technology companies, including PayPal. The firm seeks to make investments globally, emphasizing innovation and impact.

Delian Asparouhov

Principal

Leigh Marie Braswell

Principal

Lauren Gross

Partner and COO

Jeffrey Lonsdale

Managing Director, Asia

John Luttig

Principal

Amin Mirzadegan

Principal

Scott Nolan

Partner

Luke Nosek

Managing Partner

Neil Ruthven

CFO

Brian Singerman

Partner

Napoleon Ta

Partner

Matias Van Thienen

Principal

Past deals in Oilfield Services

Crusoe Energy Systems

Series B in 2021
Crusoe Energy Systems Inc. is a technology company based in Denver, Colorado, focused on 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 enables upstream operators without pipeline access to convert wasted natural gas into electricity for energy-intensive computing applications. This service provides a cost-effective and straightforward method for oil and gas producers to reduce routine flaring of natural gas, helping them maintain regulatory compliance and support sustainable practices. As the industry faces increasing constraints and regulations regarding natural gas flaring, Crusoe Energy Systems aims to create solutions that benefit both energy producers and local communities.

Crusoe Energy Systems

Venture Round in 2019
Crusoe Energy Systems Inc. is a technology company based in Denver, Colorado, focused on 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 enables upstream operators without pipeline access to convert wasted natural gas into electricity for energy-intensive computing applications. This service provides a cost-effective and straightforward method for oil and gas producers to reduce routine flaring of natural gas, helping them maintain regulatory compliance and support sustainable practices. As the industry faces increasing constraints and regulations regarding natural gas flaring, Crusoe Energy Systems aims to create solutions that benefit both energy producers and local communities.

Tachyus

Series A in 2016
Tachyus Corporation develops a technology platform designed to optimize energy production in the oil and gas sector. The platform encompasses a range of analytics, including prescriptive, predictive, and descriptive capabilities, along with integration and measurement features. Tachyus provides solutions for various production methods, including cyclic steaming, steam-flooding, CO2-flooding, water-flooding, pump optimization, workover prioritization, and shale fracking. Its platform enables users to predict mechanical equipment failures, understand production responses to stimulation, and determine optimal injection rates. Founded in 2013 and headquartered in San Mateo, California, Tachyus was initially known as Software Revolution before rebranding in April 2013. The company aims to enhance production efficiency while reducing costs and carbon intensity, playing a role in the energy transition through its integrated software solutions.

Tachyus

Series A in 2015
Tachyus Corporation develops a technology platform designed to optimize energy production in the oil and gas sector. The platform encompasses a range of analytics, including prescriptive, predictive, and descriptive capabilities, along with integration and measurement features. Tachyus provides solutions for various production methods, including cyclic steaming, steam-flooding, CO2-flooding, water-flooding, pump optimization, workover prioritization, and shale fracking. Its platform enables users to predict mechanical equipment failures, understand production responses to stimulation, and determine optimal injection rates. Founded in 2013 and headquartered in San Mateo, California, Tachyus was initially known as Software Revolution before rebranding in April 2013. The company aims to enhance production efficiency while reducing costs and carbon intensity, playing a role in the energy transition through its integrated software solutions.

Tachyus

Series A in 2014
Tachyus Corporation develops a technology platform designed to optimize energy production in the oil and gas sector. The platform encompasses a range of analytics, including prescriptive, predictive, and descriptive capabilities, along with integration and measurement features. Tachyus provides solutions for various production methods, including cyclic steaming, steam-flooding, CO2-flooding, water-flooding, pump optimization, workover prioritization, and shale fracking. Its platform enables users to predict mechanical equipment failures, understand production responses to stimulation, and determine optimal injection rates. Founded in 2013 and headquartered in San Mateo, California, Tachyus was initially known as Software Revolution before rebranding in April 2013. The company aims to enhance production efficiency while reducing costs and carbon intensity, playing a role in the energy transition through its integrated software solutions.
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