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Foundation Capital

North America, California, United States, Palo Alto

Description

Foundation Capital is a distinguished venture capital firm based in Palo Alto, California, established in 1995. The firm is recognized for its early-stage investment focus, primarily targeting Seed and Series A rounds. Composed of former entrepreneurs, Foundation Capital prides itself on a hands-on approach, providing strategic guidance and operational support to help companies grow from their nascent stages. Their investment philosophy centers on identifying visionary founders who are building category-defining companies across various sectors.

Foundation Capital's investment thesis is broad yet focused on disruptive technologies and scalable business models. Their portfolio spans a diverse range of industries, including enterprise SaaS, fintech, cybersecurity, consumer applications, and infrastructure. The firm seeks out companies with strong product-market fit potential, emphasizing long-term partnerships and leveraging its extensive network to support portfolio companies. They aim to be a lead investor, actively participating in the strategic development of their ventures.

With a long and successful history, Foundation Capital has demonstrated significant impact in the venture landscape. They have consistently raised substantial capital, with their latest fund, Fund XI, closing at $500 million. This commitment underscores their continued capacity to support ambitious startups. Overall, Foundation Capital manages over $4 billion in capital, having invested in more than 200 companies, including notable successes like Netflix, LendingClub, and Solana. Their robust track record includes numerous IPOs and strategic acquisitions, solidifying their reputation as a leading early-stage investor.

Investor Profile

Foundation Capital has backed more than 766 startups, with 24 new investments in the last 12 months alone. The firm has led 206 rounds, about 27% of its total and boasts 171 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Mexico.
  • Strong thematic focus on Software, Information Technology, Artificial Intelligence (AI).
  • Led 10 rounds in the past year.
  • Typical check size: $1M – $15M.

Stage Focus

  • Seed (22%)
  • Series A (20%)
  • Series B (17%)
  • Series Unknown (11%)
  • Series C (11%)
  • Series D (6%)
  • Series E (4%)
  • Pre Seed (2%)
  • Private Equity (1%)
  • Convertible Note (1%)

Country Focus

  • United States (89%)
  • United Kingdom (2%)
  • Mexico (2%)
  • Canada (2%)
  • India (1%)
  • China (1%)
  • Colombia (1%)
  • Germany (1%)

Industry Focus

  • Software
  • Information Technology
  • Artificial Intelligence (Ai)
  • Internet
  • Financial Services
  • Saas
  • Enterprise Software
  • Fintech
  • Analytics
  • Machine Learning
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Foundation Capital frequently co-invest with?

Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 32
M
North America, California, United States, San Francisco
Co-Investments: 18
Kleiner Perkins
North America, California, United States, Menlo Park
Co-Investments: 22
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 31
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 32
Norwest Venture Partners
North America, California, United States, Palo Alto
Co-Investments: 20
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 28
Accel
North America, California, United States, Palo Alto
Co-Investments: 30
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 22
Lightspeed Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 18

Which angels does Foundation Capital often collaborate with?

Daniel Curran
North America, California, United States, Santa Monica
Shared Deals: 4
RM
North America, California, United States, San Francisco
Shared Deals: 4
EL
North America, Florida, United States, Miami Beach
Shared Deals: 3
AA
North America, California, United States, San Francisco
Shared Deals: 4
FG
North America, New York, United States, New York
Shared Deals: 6
GR
North America, California, United States, San Francisco
Shared Deals: 5
Cyan Banister
North America, California, United States, San Francisco
Shared Deals: 4
SB
North America, California, United States, San Francisco
Shared Deals: 3
LL
North America, New York, United States, New York
Shared Deals: 4
SP
North America, California, United States, San Francisco
Shared Deals: 5

What are some of recent deals done by Foundation Capital?

PlayerZero

Atlanta, Georgia, United States

PlayerZero is a software debugging platform that provides agent debugging and code simulation services to enterprises using AI.

Artificial Intelligence (AI)Developer PlatformDeveloper Tools
Series AJul 30, 2025
Amount Raised: $15,000,000
AirMDR

Menlo Park, California, United States

AirMDR uses an AI-powered virtual security analyst for investigating threats, triaging incidents, and executing responses.

Artificial Intelligence (AI)Cyber SecuritySecurity
SeedJul 9, 2025
Amount Raised: $10,500,000
Campfire

San Francisco, California, United States

Campfire offers an AI-native enterprise resource planning software for mid-sized and enterprise companies.

AccountingFinanceFinTechInformation TechnologySoftware
Series AJun 30, 2025
Amount Raised: $35,000,000
Spinwheel

Oakland, California, United States

Transform how your business and your customers see, understand, and act on debt with our industry-leading debt APIs and drop-in modules.

Financial ServicesFinTechMobile PaymentsPaymentsSoftware
Series AJun 23, 2025
Amount Raised: $30,000,000
Tennr

New York, New York, United States

Tennr is a healthcare AI startup that provides an automation platform for medical documents.

Artificial Intelligence (AI)Health CareMedicalSoftware
Series CJun 18, 2025
Amount Raised: $101,000,000
Seel

San Francisco, California, United States

Seel is the leading U.S e-commerce insurer

ConsumerInsurance
Series BMay 9, 2025
Nuvo

San Francisco, California, United States

Nuvo is a modern trade credit platform for B2B commerce.

AccountingFinTech
Series AApr 30, 2025
Amount Raised: $34,000,000
Lumber

San Jose, California, United States

Lumber is an automated payroll, time-tracking, accounts payable, compliance, and onboarding platform for the construction industry.

ConstructionFinancial ServicesPayments
Series AMar 24, 2025
Amount Raised: $15,500,000

DoubleZero is developing a global fiber network intended for high-performance distributed systems and blockchains.

BlockchainInternet
Initial Coin OfferingMar 5, 2025
Amount Raised: $28,000,000
Regie.ai

San Francisco, California, United States

Regie is an AI-native sales engagement platform that automates outbound prospecting and streamlines workflows.

Artificial Intelligence (AI)Business Information SystemsMarketingSaaSSales
Series BFeb 26, 2025
Amount Raised: $30,000,000