# Founder Collective: portfolio, investments and team

> Founder Collective is a vc firm based in United States. 502 investments on record, 31 in the last 12 months, latest Sept 2026.

Source: https://millionrounds.com/fund/founder-collective (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Founder Collective

Last cheque observed Sep 2026; 502 cheques on record.

Email

Deploying now New fund $95M, Nov 2023 VC firm

Pre-seed Seed AI & Machine Learning Artificial Intelligence & Machine Learning (AI/ML) B2B

Follow Founder Collective and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Ffounder-collective)

Deploying now

**72%** of best year **31** **cheques in 12 months**, 502 on record

Since the last cheque **39** days **00** hrs **00** min **00** sec

Median round **$8.0M** Rounds led **2 of 502** Sole investor **44 rounds** Exits **47 from the portfolio** Mostly in **United States, 78%**

Pitch Founder Collective

## Founder Collective highlights

- 01 31 cheques in the last 12 months
- 02 Mostly Seed and Series A: 68% of its rounds
- 03 Sole investor in 44 rounds, median $1.7M
- 04 47 exits from the portfolio

## What they do

> Our mission is to build the most aligned vc fund for founders at the seed stage From their own website

- **Type:** VC firm
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed
- **Sectors:** AI & Machine Learning Artificial Intelligence & Machine Learning (AI/ML) B2B
- **Based in:** Cambridge, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **502 appearances**

- **2026** 24 rounds
- **Sept** **[Bird&Be](https://millionrounds.com/company/bird-and-be)** Series A · CA · BetaKit **$13M** With 8 others
- **Sept** **[Baselayer](https://millionrounds.com/company/baselayer)** Series A · US · Crunchbase News **$35M** With 7 others
- **Sept** **[Odyssey](https://millionrounds.com/company/odyssey)** Debt · US **$47M** With 4 others
- **Sept** **[Ayble Health](https://millionrounds.com/company/ayble-health)** Series A · US **$16M** With 3 others
- **Sept** **[Aranya](https://millionrounds.com/company/aranya)** Seed · US **$9.0M** With 2 others
- **Aug** **[CYBERA](https://millionrounds.com/company/cybera)** US · AlleyWatch **$2.5M** With 4 others
- **Aug** **[Verascient](https://millionrounds.com/company/verascient)** Pre-seed · ZA · Disrupt Africa **$1.2M** With 6 others
- **Aug** **[Reservoir](https://millionrounds.com/company/reservoir)** Seed · US · TechCrunch **$8.0M** With 2 others
- **Aug** **[Ordway](https://millionrounds.com/company/ordway)** US · Ventureburn **$20M** With 5 others
- **Aug** **[Olix](https://millionrounds.com/company/olix)** Growth · GB · Isomer Capital **$312M** With 12 others
- **May** **[Ficus](https://millionrounds.com/company/ficus)** Pre-seed · US **$2.4M** With 1 other
- **May** **[Verve Motion](https://millionrounds.com/company/verve-motion)** Venture · US **$13M** With 3 others
- **Apr** **[JuliaHub](https://millionrounds.com/company/juliahub)** Series B · US **$65M** With 3 others
- **Apr** **[Windmill](https://millionrounds.com/company/windmill)** Venture · US **$12M** With 3 others
- **Mar** **[Whoop](https://millionrounds.com/company/whoop)** Growth · US · Crunchbase News **$575M** With 24 others
- **Mar** **[Shield AI](https://millionrounds.com/company/shield-ai)** Growth · US · InnovationX **$2.0B** With 12 others
- **Mar** **[Rebar](https://millionrounds.com/company/rebar)** Series A · US · Crunchbase News **$14M** With 4 others
- **Mar** **[Shellworks](https://millionrounds.com/company/shellworks)** Series A · GB **$15M** With 4 others
- **Feb** **[Ownwell](https://millionrounds.com/company/ownwell)** Series B · US · Crunchbase News **$50M** With 10 others
- **Feb** **[Motorway](https://millionrounds.com/company/motorway)** Debt · GB **$34M** With 4 others
- **Feb** **[OLIX](https://millionrounds.com/company/olix)** Series A · GB **$220M** With 4 others
- **Jan** **[Talos](https://millionrounds.com/company/talos)** Series B · US · Ventureburn **$45M** With 13 others
- **Jan** **[WHOOP](https://millionrounds.com/company/whoop)** Venture · US **Undisclosed** With 4 others
- **Jan** **[Tulip Interfaces](https://millionrounds.com/company/tulip-interfaces)** Series D · US **$120M** With 4 others
- **2025** 41 rounds
- **Dec** **[Radial](https://millionrounds.com/company/radial)** Series A · US **$50M** With 3 others
- **Dec** **[SAR Televenture](https://millionrounds.com/company/sar-televenture)** **$23M** Sole investor
- **Dec** **[CustomMade](https://millionrounds.com/company/custommade)** Venture · US **$2.2M** With 4 others
- **Nov** **[Suno](https://millionrounds.com/company/suno)** Series C · TechCrunch **$250M** With 5 others
- **Nov** **[Ezeebit](https://millionrounds.com/company/ezeebit)** Seed **$2.0M** Sole investor
- **Nov** **[AirOps](https://millionrounds.com/company/airops)** Series B · US **$40M** With 4 others
- **Nov** **Grain** Venture · US **$540K** With 3 others
- **Oct** **[Pagaleve](https://millionrounds.com/company/pagaleve)** Series A · BR · LatamList **$29M** With 8 others
- **Oct** **[Skillshare](https://millionrounds.com/company/skillshare)** Debt · US **$13M** With 4 others
- **Oct** **[Flipside Crypto](https://millionrounds.com/company/flipside-crypto)** Venture · US **$3.6M** With 4 others
- **Oct** **[nPlan](https://millionrounds.com/company/nplan)** Series B · GB **$16M** With 5 others
- **Sept** **[Iris Finance](https://millionrounds.com/company/iris-finance)** Seed · US **$6.2M** With 2 others
- **Aug** **[Aranya](https://millionrounds.com/company/aranya)** Pre-seed · US **$2.0M** Sole investor
- **Aug** **[UserEvidence](https://millionrounds.com/company/userevidence)** Venture · US **$7.0M** With 3 others
- **Aug** **[Kasa Living](https://millionrounds.com/company/kasa-living)** Venture · US **$40M** With 4 others
- **Aug** **[Shield AI](https://millionrounds.com/company/shield-ai)** Venture · US **Undisclosed** With 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **5 named**

AH **Amanda Herson** Member of the General Partner i Filing they signed

DA **David Andrew Frankel** Managing Member of the General Partner i Filing they signed

EB **Eric B Paley** Managing Member of the General Partner i Filing they signed

JP **Joseph Paul Defilippi** Chief Financial Officer i Form ADV

MR **Micah Rosenbloom** Managing Member of the General Partner i Filing they signed

We also hold **26** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$641M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Founder Collective Management Co., LLC
- **SEC number:** CRD 161453

Who backs their funds

## 1 LP on record in Founder Collective's funds

- **Funds:** 1

The institutions that put money into its funds, which the firm then invests in companies. Source: an LP list.

- [**Cendana Capital** 1 fund](https://millionrounds.com/fund/cendana-capital) Fund Vintage Committed Founder Collective - -

## What they claim to have backed

From their own portfolio page (on their website)

**29** of 43 we have independently watched raise

[Airops](https://millionrounds.com/company/airops)[Airtable](https://millionrounds.com/company/airtable)[Akooda](https://millionrounds.com/company/akooda)[Andela](https://millionrounds.com/company/andela)[Anjuna](https://millionrounds.com/company/anjuna)[Aranya](https://millionrounds.com/company/aranya)[Artsy](https://millionrounds.com/company/artsy)[Avantgardehealth](https://millionrounds.com/company/avant-garde-health)[Ayblehealth](https://millionrounds.com/company/ayble-health)[Betaworks](https://millionrounds.com/company/betaworks)[Canopyworks](https://millionrounds.com/company/canopy-works)[Daltonmills](https://millionrounds.com/company/dalton-mills)[Ezeebit](https://millionrounds.com/company/ezeebit)[Hivemapper](https://millionrounds.com/company/hivemapper)[Irisfinance](https://millionrounds.com/company/iris-finance)[Lovevery](https://millionrounds.com/company/lovevery)[Monaire](https://millionrounds.com/company/monaire)[Motorway](https://millionrounds.com/company/motorway)[Obvious](https://millionrounds.com/company/obvious)[Opengov](https://millionrounds.com/company/opengov)[Pillpack](https://millionrounds.com/company/pillpack)[Seatgeek](https://millionrounds.com/company/seatgeek)[Shield](https://millionrounds.com/company/shield-ai)[Smalls](https://millionrounds.com/company/smalls)[Suno](https://millionrounds.com/company/suno)[Thetradedesk](https://millionrounds.com/company/the-trade-desk)[Uber](https://millionrounds.com/company/uber-advanced-technologies-group)[Verkada](https://millionrounds.com/company/verkada)[Whoop](https://millionrounds.com/company/whoop) Aboutcoupang Agencyrobotics Altrohealth Appy Em1 Getcruise Greybeam Hellosimply Icortica Inferahealth Joinansel Marine-snow Quitwithjones Talos

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **47 in all**

**[PillPack](https://millionrounds.com/company/pillpack)** Bought by [Amazon](https://millionrounds.com/fund/amazon) **$753M** Jun 2018

**[Smyte](https://millionrounds.com/company/smyte)** Bought by [Twitter](https://millionrounds.com/fund/twitter) **$65M** Jun 2018

**[BillGuard](https://millionrounds.com/company/billguard)** Bought by [Prosper](https://millionrounds.com/fund/prosper) **Undisclosed** Sept 2015

**[Oyster](https://millionrounds.com/company/oyster)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Sept 2015

**[HeartThis](https://millionrounds.com/company/heartthis)** Bought by Thumbtack **Undisclosed** Sept 2015

**[Blue Box](https://millionrounds.com/company/blue-box)** Bought by [IBM (International Business Machines)](https://millionrounds.com/fund/ibm-international-business-machines) **Undisclosed** Jun 2015

**[SHIFT](https://millionrounds.com/company/shift)** Bought by Brand Networks **$50M** May 2015

**[Hall](https://millionrounds.com/company/hall)** Bought by [Atlassian](https://millionrounds.com/fund/atlassian-ventures) **Undisclosed** May 2015

**[Boundless](https://millionrounds.com/company/boundless)** Bought by Valore Books **Undisclosed** Apr 2015

**[Periscope Co](https://millionrounds.com/company/periscope-co)** Bought by [Twitter](https://millionrounds.com/fund/twitter) **Undisclosed** Mar 2015

**[FitStar](https://millionrounds.com/company/fitstar)** Bought by [Fitbit](https://millionrounds.com/fund/fitbit) **$18M** Mar 2015

**[Readyforce](https://millionrounds.com/company/readyforce)** Bought by LookSharp (powering InternMatch) **Undisclosed** Dec 2014

**[EmployInsight](https://millionrounds.com/company/employinsight)** Bought by Get It® **Undisclosed** Nov 2014

**[Firebase](https://millionrounds.com/company/firebase)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Oct 2014

**[Extension Entertainment](https://millionrounds.com/company/extension-entertainment)** Bought by Rhapsody **Undisclosed** Aug 2014

**[Gyft](https://millionrounds.com/company/gyft)** Bought by [First Data Corporation](https://millionrounds.com/fund/first-data) **$7.5M** Jul 2014

**[HowAboutWe](https://millionrounds.com/company/howaboutwe)** Bought by [IAC](https://millionrounds.com/fund/iac) **Undisclosed** Jul 2014

**[Votizen](https://millionrounds.com/company/votizen)** Bought by Brigade **Undisclosed** Jun 2014

**[Convertro](https://millionrounds.com/company/convertro)** Bought by [AOL](https://millionrounds.com/fund/aol) **$101M** May 2014

**[Lovely](https://millionrounds.com/company/lovely)** Bought by RentPath **$13M** Apr 2014

The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$95M**

raised in Nov 2023

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed

Median round joined **$8.0M** the round, not its cheque Alone, median **$1.7M**

Led 2 of 502 rounds **0%**

- **Sole investor:** 44 rounds
- **Last cheque:** Sept 2026
- **Exits:** 47 from the portfolio

Rounds by stage said on their site

- Seed said *189*
- Series A *124*
- Venture *100*
- Series B *36*
- Debt *12*
- Pre-seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [SV Angel](https://millionrounds.com/fund/sv-angel) 72
- [BoxGroup](https://millionrounds.com/fund/boxgroup) 39
- [Y Combinator](https://millionrounds.com/fund/y-combinator) 29
- [First Round Capital](https://millionrounds.com/fund/first-round-capital) 27
- [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) 26
- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) 24

**Pitching Founder Collective?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Founder Collective. A count of rooms they were both in, not a relationship either has claimed.

[**SV Angel** VC firm **72** rounds together](https://millionrounds.com/fund/sv-angel)[**BoxGroup** VC firm **39** rounds together](https://millionrounds.com/fund/boxgroup)[**Y Combinator** Accelerator **29** rounds together](https://millionrounds.com/fund/y-combinator)[**First Round Capital** VC firm **27** rounds together](https://millionrounds.com/fund/first-round-capital)[**Lerer Hippeau** VC firm **26** rounds together](https://millionrounds.com/fund/lerer-hippeau)[**Andreessen Horowitz** VC firm **24** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**General Catalyst** VC firm **23** rounds together](https://millionrounds.com/fund/general-catalyst)[**Lerer Ventures** VC firm **22** rounds together](https://millionrounds.com/fund/lerer-ventures)[**500 Global** Angel **20** rounds together](https://millionrounds.com/fund/500-startups)[**Techstars** VC firm **20** rounds together](https://millionrounds.com/fund/techstars)[**Betaworks** VC firm **18** rounds together](https://millionrounds.com/fund/betaworks)[**NextView Ventures** VC firm **16** rounds together](https://millionrounds.com/fund/nextview-ventures)

## Recently backed

The latest companies Founder Collective put money into.

[**Baselayer** $35M · Sept 2026](https://millionrounds.com/company/baselayer)[**Odyssey** $47M · Sept 2026](https://millionrounds.com/company/odyssey)[**Ayble Health** $16M · Sept 2026](https://millionrounds.com/company/ayble-health)[**CYBERA** $2.5M · Aug 2026](https://millionrounds.com/company/cybera)[**Reservoir** $8.0M · Aug 2026](https://millionrounds.com/company/reservoir)[**Ordway** $20M · Aug 2026](https://millionrounds.com/company/ordway)

## On podcasts

6 episodes naming Founder Collective in the title, and 4 more that mention it.

- [The Official SaaStr Podcast](https://millionrounds.com/podcasts/saastr) 12 Mar 2025 · 42 min SaaStr 793: The 10-Point Checklist For When You Sell Your Company with David Frankel Managing Partner at Founder Collective and SaaStr CEO and Founder Jason Lemkin Mentions [David Frankel](https://millionrounds.com/fund/david-frankel)[Founder Collective](https://millionrounds.com/fund/founder-collective) Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 14 Oct 2024 · 1h 27m 20VC: Investing Lessons from FC Seeding Uber, Airtable and Coupang | Why Pro Rata is the Original Sin in VC | Why Liquidity Has Died in 2024 | Why LPs are Pissed with VCs | The Hard Truth About Seed Fund Economics with David Frankel @ Founder Collective Mentions [David Frankel](https://millionrounds.com/fund/david-frankel)[Founder Collective](https://millionrounds.com/fund/founder-collective) Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 7 Feb 2022 · 44 min 20VC: Biggest Lessons and Challenges Building One of the Most Successful Seed Funds, How To Manage Investor Psychology, Self-Doubt and Insecurity & The Secret to Truly Successful Venture Partnerships with David Frankel, Co-Founder @ Founder Collective Mentions [David Frankel](https://millionrounds.com/fund/david-frankel)[Founder Collective](https://millionrounds.com/fund/founder-collective)[Endeavor](https://millionrounds.com/fund/endeavor) Apple PodcastsShow page
- [Origins: Inside Venture Capital](https://millionrounds.com/podcasts/origins-openlp) 18 Jul 2017 · 56 min David Frankel, Founder Collective Mentions [David Frankel](https://millionrounds.com/fund/david-frankel)[Founder Collective](https://millionrounds.com/fund/founder-collective)[Dimension Data](https://millionrounds.com/fund/dimension-data) Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 15 Feb 2017 · 28 min 20VC: Why Founders Should Not Focus On Top Line Valuation, Why Capital Efficiency Is Key To Returns And Investment Success & Why Despite Popular Thought, $100m Is An Exciting Exit For VC with Micah Rosenbloom, Managing Partner @ Founder Collective With [Micah Rosenbloom](https://millionrounds.com/person/micah-rosenbloom) Mentions [Founder Collective](https://millionrounds.com/fund/founder-collective)[Eric Paley](https://millionrounds.com/person/eric-paley)[Jason Lemkin](https://millionrounds.com/person/jason-lemkin-2) Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 23 Nov 2016 · 24 min 20VC: Venture Capital Is One Hell Of A Drug, What VCs Expect From Founders Once They Have Raised & Why Customers Validate Your Business Not Venture Capital with Eric Paley, Managing Partner @ Founder Collective With [Eric Paley](https://millionrounds.com/person/eric-paley) Mentions [Founder Collective](https://millionrounds.com/fund/founder-collective) Apple PodcastsShow page

### Mentioned in

- [The Full Ratchet](https://millionrounds.com/podcasts/full-ratchet) 29 Oct 2026 · 6 min Investor Stories 498: When Investors Get It Wrong: Lessons in Humility, Focus, and TAM (Fubini and Patel, Rosenbloom, Sagalov) Apple PodcastsShow page
- [The Full Ratchet](https://millionrounds.com/podcasts/full-ratchet) 15 Oct 2026 · 4 min Investor Stories 497: Passing on Snapchat, Canva, and Hugging Face: The Rules of Thumb That Cost VCs Billions (Vaidya, Fubini and Patel, Rosenbloom) Apple PodcastsShow page
- [The Full Ratchet](https://millionrounds.com/podcasts/full-ratchet) 12 Oct 2026 · 48 min 519. Don't Play the Game on the Field, What the 500 Largest Exits Tell Us, How and When to Sell Secondary, and VC's Identity Crisis (Micah Rosenbloom) Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 8 Aug 2026 · 1h 24m 20VC: The AI Boom Will Create Enormous Roadkill: Who Wins & Loses | Why Founders Should Never Take Multi-Stage Money at Seed | Why Triple, Triple, Double, Double is Good Enough Apple PodcastsShow page

## Quick answers about Founder Collective

### What does Founder Collective invest in?

Founder Collective invests most often at Seed and Series A (68% of the rounds on record), in sectors such as AI & Machine Learning, Artificial Intelligence & Machine Learning (AI/ML) and B2B.

### How active is Founder Collective?

502 investments on record, 31 of them in the last 12 months, and it led 2. The most recent was in Sept 2026.

### What has Founder Collective invested in recently?

Its most recent investments on record: Bird&Be (Series A, Sept 2026), Baselayer (Series A, Sept 2026) and Odyssey (Debt, Sept 2026).

### How big are Founder Collective's cheques?

The median round it joins is $8.0M.

### Does Founder Collective lead rounds?

Sometimes: it led 2 of its 502 investments on record (0%).

### Where does Founder Collective invest?

Most of the companies it backs are in the United States (78%) and the United Kingdom (14%).

### Is Founder Collective investing now?

Yes: it is actively investing, with 31 investments in the last 12 months.

### Who does Founder Collective invest alongside?

Most often SV Angel (72 rounds together), BoxGroup (39 rounds together) and Y Combinator (29 rounds together).

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