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 Supply Chain Management

ISEE

Series B in 2022
ISEE, Inc. is an autonomous driving technology company based in Cambridge, Massachusetts, established in 2016. The company specializes in developing artificial intelligence-driven software and hardware solutions for self-driving vehicles, with a focus on modernizing the global supply chain. ISEE's autonomous yard trucks are utilized by major clients, including Maersk and various Fortune 100 retailers, to enhance the automation of logistics hubs. The company's proprietary technology excels at predicting human behavior and managing risk, allowing for improved safety, cost efficiency, and consistent performance in yard operations. By enabling seamless and safe operation of autonomous machines, ISEE aims to transform the logistics and supply chain industries.

Stord

Series D in 2022
Stord, Inc. is a technology company based in Atlanta, Georgia, that specializes in cloud-based warehousing and distribution services. Founded in 2015, Stord provides an integrated platform that allows clients to manage their product flow across multiple warehouses through a single dashboard. This platform is designed to optimize inventory and orders, facilitating on-demand scalability for shippers within a global logistics network. By leveraging a digital warehousing and distribution network, Stord enhances visibility and control over inventory, creating intelligent and self-correcting supply chains. The company partners with numerous brands to improve their ecommerce operations, enabling faster shipping, reliable delivery, and cost reductions while enhancing customer satisfaction. Stord's services are utilized by a range of well-known brands, positioning the company as a key player in the ecommerce enablement space.

Kargo

Series A in 2022
Kargo is a logistics management platform aimed at improving the efficiency and safety of freight operations by connecting physical logistics with digital management systems. Established in 2019 and based in San Francisco, Kargo offers a loading dock sensor platform that verifies all incoming and outgoing freight. This technology aggregates data to provide real-time visibility into dock operations, enabling shippers and carriers to optimize supplier management and understand material flow. Kargo serves various industries, including logistics, automotive, and distribution, by streamlining supply chain processes and facilitating better decision-making through enhanced insights and performance monitoring.

Flexport

Series E in 2022
Flexport, Inc. is a global freight forwarder and logistics platform that offers online customs brokerage and freight forwarding services. Founded in 2013 and based in San Francisco, the company provides a comprehensive online dashboard that allows businesses to understand, purchase, manage, and track essential services for global trade. Flexport's offerings include customs brokerage, which encompasses customs clearances, bonds, product classification, and government filings, as well as freight forwarding services such as ocean, air, and road transport. The company also delivers supply chain solutions, including cargo insurance, quality inspections, warehousing, fulfillment, product sourcing, and trade finance. By leveraging modern software, Flexport aims to enhance the user experience in global trade, ensuring timely and cost-effective delivery of goods to fulfillment centers.

Quince

Series A in 2021
Quince, LLC is a retail company based in San Francisco, California, specializing in affordable luxury apparel, accessories, and home goods for both men and women. Founded in 2016, Quince offers a diverse range of products including jewelry, tops, sweaters, loungewear, leather goods, and various accessories for men, as well as bedding and bath items for the home. The company employs a manufacturer-to-consumer retail model, producing inventory on a near just-in-time basis, which allows for direct shipping to consumers. This approach not only reduces costs but also minimizes financial and environmental waste, enabling Quince to provide high-quality fashion and home products at competitive prices.

Stord

Series D in 2021
Stord, Inc. is a technology company based in Atlanta, Georgia, that specializes in cloud-based warehousing and distribution services. Founded in 2015, Stord provides an integrated platform that allows clients to manage their product flow across multiple warehouses through a single dashboard. This platform is designed to optimize inventory and orders, facilitating on-demand scalability for shippers within a global logistics network. By leveraging a digital warehousing and distribution network, Stord enhances visibility and control over inventory, creating intelligent and self-correcting supply chains. The company partners with numerous brands to improve their ecommerce operations, enabling faster shipping, reliable delivery, and cost reductions while enhancing customer satisfaction. Stord's services are utilized by a range of well-known brands, positioning the company as a key player in the ecommerce enablement space.

Faire

Series F in 2021
Faire is an online wholesale marketplace that connects retailers with unique merchandise from various brands and makers, facilitating a streamlined purchasing process. The platform provides retailers with tools and insights to manage inventory effectively, employing artificial intelligence and predictive analytics to forecast product demand. Faire's offerings include net 60 payment terms and free returns, which reduce the risks associated with wholesale purchasing, enabling local retailers and independent brands to compete with larger e-commerce entities. Headquartered in San Francisco and Kitchener, Faire aims to support the future of local retail by simplifying logistics and enhancing access to diverse products.

Stord

Series C in 2021
Stord, Inc. is a technology company based in Atlanta, Georgia, that specializes in cloud-based warehousing and distribution services. Founded in 2015, Stord provides an integrated platform that allows clients to manage their product flow across multiple warehouses through a single dashboard. This platform is designed to optimize inventory and orders, facilitating on-demand scalability for shippers within a global logistics network. By leveraging a digital warehousing and distribution network, Stord enhances visibility and control over inventory, creating intelligent and self-correcting supply chains. The company partners with numerous brands to improve their ecommerce operations, enabling faster shipping, reliable delivery, and cost reductions while enhancing customer satisfaction. Stord's services are utilized by a range of well-known brands, positioning the company as a key player in the ecommerce enablement space.

Kargo

Seed Round in 2021
Kargo is a logistics management platform aimed at improving the efficiency and safety of freight operations by connecting physical logistics with digital management systems. Established in 2019 and based in San Francisco, Kargo offers a loading dock sensor platform that verifies all incoming and outgoing freight. This technology aggregates data to provide real-time visibility into dock operations, enabling shippers and carriers to optimize supplier management and understand material flow. Kargo serves various industries, including logistics, automotive, and distribution, by streamlining supply chain processes and facilitating better decision-making through enhanced insights and performance monitoring.

Quince

Seed Round in 2021
Quince, LLC is a retail company based in San Francisco, California, specializing in affordable luxury apparel, accessories, and home goods for both men and women. Founded in 2016, Quince offers a diverse range of products including jewelry, tops, sweaters, loungewear, leather goods, and various accessories for men, as well as bedding and bath items for the home. The company employs a manufacturer-to-consumer retail model, producing inventory on a near just-in-time basis, which allows for direct shipping to consumers. This approach not only reduces costs but also minimizes financial and environmental waste, enabling Quince to provide high-quality fashion and home products at competitive prices.

Stord

Series B in 2020
Stord, Inc. is a technology company based in Atlanta, Georgia, that specializes in cloud-based warehousing and distribution services. Founded in 2015, Stord provides an integrated platform that allows clients to manage their product flow across multiple warehouses through a single dashboard. This platform is designed to optimize inventory and orders, facilitating on-demand scalability for shippers within a global logistics network. By leveraging a digital warehousing and distribution network, Stord enhances visibility and control over inventory, creating intelligent and self-correcting supply chains. The company partners with numerous brands to improve their ecommerce operations, enabling faster shipping, reliable delivery, and cost reductions while enhancing customer satisfaction. Stord's services are utilized by a range of well-known brands, positioning the company as a key player in the ecommerce enablement space.

Faire

Series E in 2020
Faire is an online wholesale marketplace that connects retailers with unique merchandise from various brands and makers, facilitating a streamlined purchasing process. The platform provides retailers with tools and insights to manage inventory effectively, employing artificial intelligence and predictive analytics to forecast product demand. Faire's offerings include net 60 payment terms and free returns, which reduce the risks associated with wholesale purchasing, enabling local retailers and independent brands to compete with larger e-commerce entities. Headquartered in San Francisco and Kitchener, Faire aims to support the future of local retail by simplifying logistics and enhancing access to diverse products.

ISEE

Series A in 2019
ISEE, Inc. is an autonomous driving technology company based in Cambridge, Massachusetts, established in 2016. The company specializes in developing artificial intelligence-driven software and hardware solutions for self-driving vehicles, with a focus on modernizing the global supply chain. ISEE's autonomous yard trucks are utilized by major clients, including Maersk and various Fortune 100 retailers, to enhance the automation of logistics hubs. The company's proprietary technology excels at predicting human behavior and managing risk, allowing for improved safety, cost efficiency, and consistent performance in yard operations. By enabling seamless and safe operation of autonomous machines, ISEE aims to transform the logistics and supply chain industries.

Quince

Seed Round in 2019
Quince, LLC is a retail company based in San Francisco, California, specializing in affordable luxury apparel, accessories, and home goods for both men and women. Founded in 2016, Quince offers a diverse range of products including jewelry, tops, sweaters, loungewear, leather goods, and various accessories for men, as well as bedding and bath items for the home. The company employs a manufacturer-to-consumer retail model, producing inventory on a near just-in-time basis, which allows for direct shipping to consumers. This approach not only reduces costs but also minimizes financial and environmental waste, enabling Quince to provide high-quality fashion and home products at competitive prices.

Faire

Series D in 2019
Faire is an online wholesale marketplace that connects retailers with unique merchandise from various brands and makers, facilitating a streamlined purchasing process. The platform provides retailers with tools and insights to manage inventory effectively, employing artificial intelligence and predictive analytics to forecast product demand. Faire's offerings include net 60 payment terms and free returns, which reduce the risks associated with wholesale purchasing, enabling local retailers and independent brands to compete with larger e-commerce entities. Headquartered in San Francisco and Kitchener, Faire aims to support the future of local retail by simplifying logistics and enhancing access to diverse products.

Unioncrate

Series A in 2019
Unioncrate, Inc. develops artificial intelligence-driven supply chain management software tailored for consumer goods companies. Founded in 2016 and headquartered in New York City, with additional offices in Barcelona and Buenos Aires, Unioncrate offers products like Stargate, which manages sales and purchase orders, suppliers, inventory, reporting, trade spend, and EDI. Another key product, Almanac, focuses on consumption-driven predictions. The company aims to enhance supply chain efficiency by providing accurate demand forecasts and collaborative visibility while automating operational tasks. By leveraging AI, Unioncrate addresses the operational challenges faced by businesses in a rapidly evolving market, moving away from outdated supply chain systems and helping clients recover valuable time and resources.

Well Principled

Pre Seed Round in 2019
Well Principled is an A.I. Management Consultant that predicts the buying behavior of every customer, optimizing the marketing and supply chain processes for retail and CPG brands. The software gives businesses clear plans of action based on theory-backed models mined from the academic business literature and modern A.I. platform. It provides firms with an alternative to muddling through process optimization with headcount-intensive armies of analysts, custom development teams that have to reinvent the wheel, or management consultants who produce recommendations but not results. Well Principled was founded in 2018 and is based in St. Louis, Missouri.

Quince

Seed Round in 2019
Quince, LLC is a retail company based in San Francisco, California, specializing in affordable luxury apparel, accessories, and home goods for both men and women. Founded in 2016, Quince offers a diverse range of products including jewelry, tops, sweaters, loungewear, leather goods, and various accessories for men, as well as bedding and bath items for the home. The company employs a manufacturer-to-consumer retail model, producing inventory on a near just-in-time basis, which allows for direct shipping to consumers. This approach not only reduces costs but also minimizes financial and environmental waste, enabling Quince to provide high-quality fashion and home products at competitive prices.

Flexport

Series D in 2019
Flexport, Inc. is a global freight forwarder and logistics platform that offers online customs brokerage and freight forwarding services. Founded in 2013 and based in San Francisco, the company provides a comprehensive online dashboard that allows businesses to understand, purchase, manage, and track essential services for global trade. Flexport's offerings include customs brokerage, which encompasses customs clearances, bonds, product classification, and government filings, as well as freight forwarding services such as ocean, air, and road transport. The company also delivers supply chain solutions, including cargo insurance, quality inspections, warehousing, fulfillment, product sourcing, and trade finance. By leveraging modern software, Flexport aims to enhance the user experience in global trade, ensuring timely and cost-effective delivery of goods to fulfillment centers.

Faire

Series C in 2018
Faire is an online wholesale marketplace that connects retailers with unique merchandise from various brands and makers, facilitating a streamlined purchasing process. The platform provides retailers with tools and insights to manage inventory effectively, employing artificial intelligence and predictive analytics to forecast product demand. Faire's offerings include net 60 payment terms and free returns, which reduce the risks associated with wholesale purchasing, enabling local retailers and independent brands to compete with larger e-commerce entities. Headquartered in San Francisco and Kitchener, Faire aims to support the future of local retail by simplifying logistics and enhancing access to diverse products.

Faire

Series B in 2018
Faire is an online wholesale marketplace that connects retailers with unique merchandise from various brands and makers, facilitating a streamlined purchasing process. The platform provides retailers with tools and insights to manage inventory effectively, employing artificial intelligence and predictive analytics to forecast product demand. Faire's offerings include net 60 payment terms and free returns, which reduce the risks associated with wholesale purchasing, enabling local retailers and independent brands to compete with larger e-commerce entities. Headquartered in San Francisco and Kitchener, Faire aims to support the future of local retail by simplifying logistics and enhancing access to diverse products.

Unioncrate

Seed Round in 2018
Unioncrate, Inc. develops artificial intelligence-driven supply chain management software tailored for consumer goods companies. Founded in 2016 and headquartered in New York City, with additional offices in Barcelona and Buenos Aires, Unioncrate offers products like Stargate, which manages sales and purchase orders, suppliers, inventory, reporting, trade spend, and EDI. Another key product, Almanac, focuses on consumption-driven predictions. The company aims to enhance supply chain efficiency by providing accurate demand forecasts and collaborative visibility while automating operational tasks. By leveraging AI, Unioncrate addresses the operational challenges faced by businesses in a rapidly evolving market, moving away from outdated supply chain systems and helping clients recover valuable time and resources.

Flexport

Corporate Round in 2018
Flexport, Inc. is a global freight forwarder and logistics platform that offers online customs brokerage and freight forwarding services. Founded in 2013 and based in San Francisco, the company provides a comprehensive online dashboard that allows businesses to understand, purchase, manage, and track essential services for global trade. Flexport's offerings include customs brokerage, which encompasses customs clearances, bonds, product classification, and government filings, as well as freight forwarding services such as ocean, air, and road transport. The company also delivers supply chain solutions, including cargo insurance, quality inspections, warehousing, fulfillment, product sourcing, and trade finance. By leveraging modern software, Flexport aims to enhance the user experience in global trade, ensuring timely and cost-effective delivery of goods to fulfillment centers.

Flexport

Series C in 2017
Flexport, Inc. is a global freight forwarder and logistics platform that offers online customs brokerage and freight forwarding services. Founded in 2013 and based in San Francisco, the company provides a comprehensive online dashboard that allows businesses to understand, purchase, manage, and track essential services for global trade. Flexport's offerings include customs brokerage, which encompasses customs clearances, bonds, product classification, and government filings, as well as freight forwarding services such as ocean, air, and road transport. The company also delivers supply chain solutions, including cargo insurance, quality inspections, warehousing, fulfillment, product sourcing, and trade finance. By leveraging modern software, Flexport aims to enhance the user experience in global trade, ensuring timely and cost-effective delivery of goods to fulfillment centers.

Trade Ghana

Seed Round in 2017
Trade Ghana is a platform that facilitates direct trading among buyers, sellers, and transporters of commodities in the country. By eliminating middlemen, Trade Ghana allows users to specify their desired quantity, grade, and price, connecting them with sellers that meet their requirements. The platform also provides essential services, including the weighing and grading of goods, direct delivery to buyers, and a return policy for any rejected products. Additionally, it offers vital market information and payment handling, ensuring user anonymity and assisting small-scale farmers in navigating the agricultural market. Through its comprehensive database, Trade Ghana supports the efficient management of agricultural production and market dynamics, promoting a streamlined trading experience.

Flexport

Series B in 2016
Flexport, Inc. is a global freight forwarder and logistics platform that offers online customs brokerage and freight forwarding services. Founded in 2013 and based in San Francisco, the company provides a comprehensive online dashboard that allows businesses to understand, purchase, manage, and track essential services for global trade. Flexport's offerings include customs brokerage, which encompasses customs clearances, bonds, product classification, and government filings, as well as freight forwarding services such as ocean, air, and road transport. The company also delivers supply chain solutions, including cargo insurance, quality inspections, warehousing, fulfillment, product sourcing, and trade finance. By leveraging modern software, Flexport aims to enhance the user experience in global trade, ensuring timely and cost-effective delivery of goods to fulfillment centers.

Flexport

Series A in 2015
Flexport, Inc. is a global freight forwarder and logistics platform that offers online customs brokerage and freight forwarding services. Founded in 2013 and based in San Francisco, the company provides a comprehensive online dashboard that allows businesses to understand, purchase, manage, and track essential services for global trade. Flexport's offerings include customs brokerage, which encompasses customs clearances, bonds, product classification, and government filings, as well as freight forwarding services such as ocean, air, and road transport. The company also delivers supply chain solutions, including cargo insurance, quality inspections, warehousing, fulfillment, product sourcing, and trade finance. By leveraging modern software, Flexport aims to enhance the user experience in global trade, ensuring timely and cost-effective delivery of goods to fulfillment centers.

Stord

Stord, Inc. is a technology company based in Atlanta, Georgia, that specializes in cloud-based warehousing and distribution services. Founded in 2015, Stord provides an integrated platform that allows clients to manage their product flow across multiple warehouses through a single dashboard. This platform is designed to optimize inventory and orders, facilitating on-demand scalability for shippers within a global logistics network. By leveraging a digital warehousing and distribution network, Stord enhances visibility and control over inventory, creating intelligent and self-correcting supply chains. The company partners with numerous brands to improve their ecommerce operations, enabling faster shipping, reliable delivery, and cost reductions while enhancing customer satisfaction. Stord's services are utilized by a range of well-known brands, positioning the company as a key player in the ecommerce enablement space.
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