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.
Anduril Industries is a defense technology company that designs, manufactures, and deploys advanced hardware and software products to address complex national security challenges for the United States and its allies. Founded in 2017 and headquartered in Irvine, California, the company specializes in developing cutting-edge solutions, including the Lattice Platform—an artificial intelligence system that integrates real-time data into a cohesive operational picture—and the Sentry Tower, which consolidates data from various electromagnetic sources. Additionally, Anduril produces the Ghost sUAS, a man-portable unmanned aerial system capable of executing numerous missions autonomously, and the Anvil sUAS, designed for precision interception of drone threats with human operator verification. Through its innovative technologies, Anduril aims to enhance military capabilities and border surveillance, ensuring the safety and effectiveness of those serving in defense of national interests.
Rippling
Series F in 2024
Rippling is a workforce management platform that simplifies the administrative tasks associated with running a business. It offers an all-in-one solution for managing employee data and operations, including onboarding, offboarding, payroll, tax forms, and IT management. The platform automates various HR processes, ensuring compliance and streamlining approvals, while also providing tools for device management and software access. By integrating these functions into a single dashboard, Rippling allows businesses to enhance efficiency, reduce costs, and save time, enabling them to focus on growth. Its capabilities support the entire employee lifecycle and facilitate seamless onboarding for new hires.
Lattice
Series F in 2022
Lattice is a People Success Platform that integrates essential tools, workflows, and data to assist business leaders in fostering engaged and high-performing employees while cultivating positive workplace cultures. The platform combines various functionalities, including continuous performance management, goal-setting, employee engagement, compensation management, career development, and people analytics, into a cohesive solution. This enables HR, People, and Operations teams to gain valuable insights that enhance organizational culture and drive business outcomes. Lattice serves nearly 5,000 customers globally, including notable companies such as Slack, Asana, Solera Health, and the Los Angeles Dodgers. Its effectiveness has earned Lattice recognition as one of the fastest-growing private companies and a certification as a Great Place to Work, with 99% employee satisfaction.
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.
Collective Health
Series F in 2021
Collective Health is a prominent health benefits platform that streamlines the management of medical, dental, vision, and pharmacy services for employees and their families. By offering an integrated solution through a cloud-based self-insurance platform, the company simplifies the administration of health plans via a single portal. This platform provides users with clear guidance, live concierge support, and digital tools to facilitate the navigation and management of healthcare services. Collective Health aims to reduce the complexities of delivering health benefits, enhance the member experience, and promote healthier outcomes for both employees and organizations. Headquartered in San Francisco, California, the company also has offices in Chicago, Illinois, and Lehi, Utah.
Affirm
Series F in 2019
Affirm is a financial technology company based in San Francisco, California, that specializes in providing installment loans to consumers at the point of sale. Founded in 2012, Affirm offers a platform that allows users to make purchases from online merchants and pay for them in fixed monthly installments. This service provides a transparent alternative to traditional credit cards, as it enables consumers to see upfront what they will pay each month, without hidden fees or unexpected costs. Affirm partners with over 2,000 merchants across various sectors, including retail, travel, and personal fitness, allowing shoppers to select Affirm as a payment option at checkout. The company aims to empower consumers with honest financial products and improve accessibility in the banking industry.
Wish
Series F in 2016
Wish is an e-commerce platform, putting a digital shopping mall of affordable goods directly in the pockets of consumers worldwide. Wish employs big data principles, machine-learning, and search technologies to create a highly-visual, entertaining, and personalized browsing experience for each user. The company leverages a global network of directsuppliers, providing access to top quality, affordable products to anyone with a smartphone. As of 2018, Wish has more than 80 million monthly active users, over one million merchants, and sells nearly 1 billion products annually. For more information about the company or to download the Wish mobile app.
Knewton
Series F in 2016
Knewton, Inc. is a New York-based company that specializes in providing an online adaptive learning engine. Founded in 2008, Knewton's platform offers students personalized study recommendations, teachers access to analytics for improved student support, and publishers valuable content insights for creating effective digital products. The company focuses on adaptive learning solutions across various subjects, including mathematics, economics, biology, chemistry, and more, particularly for higher education. Knewton's technology is utilized by educational institutions and companies globally, with additional offices in London, Tokyo, Singapore, and Dubai. The company has received recognition as a "Technology Pioneer" from the World Economic Forum and has been acknowledged multiple times as one of the most innovative companies in education.
Stemcentrx
Series F in 2014
Stemcentrx is a biotechnology company focused on developing innovative therapies aimed at curing cancer and significantly enhancing patient survival rates. Founded in 2008 by Brian Slingerland and Scott J. Dylla, the company is headquartered in South San Francisco, California. Stemcentrx specializes in disease-specific treatments that target tumors at their source, specifically by eliminating cancer stem cells, which are responsible for initiating and sustaining tumor growth. This approach helps healthcare providers offer more effective solutions to their patients. In June 2016, Stemcentrx became a subsidiary of AbbVie, furthering its capabilities in cancer research and drug development.
SpaceX
Series F in 2010
SpaceX, Inc., founded in 2002 and headquartered in Hawthorne, California, specializes in the design, manufacture, and launch of advanced rockets and spacecraft. The company develops various products, including the Falcon 1, Falcon 9, Falcon Heavy, Dragon, and Starship, with a focus on creating reusable launch vehicles. These vehicles are engineered for the transport of cargo, humans, and payloads into space, incorporating features such as multiple engines, an attached trunk, and parachute systems. SpaceX aims to reduce the costs of space travel, thereby making space exploration more accessible and advancing the capabilities of the space industry.
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