# Founders Fund: portfolio, investments and team

> Founders Fund is a vc firm based in United States. 1,120 investments on record, 160 in the last 12 months, latest Oct 2026.

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

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

# Founders Fund

Last cheque observed Oct 2026; 1120 cheques on record.

Email

Deploying now New fund $6.0B, Mar 2026 VC firm

Seed Series A AI & Machine Learning Advertising (AdTech) Apps

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

Deploying now

**91%** of best year **160** **cheques in 12 months**, 1,120 on record

Since the last cheque **8** days **00** hrs **00** min **00** sec

Median round **$15M** Rounds led **42 of 1,120** Sole investor **62 rounds** Exits **44 from the portfolio** Mostly in **United States, 78%**

Pitch Founders Fund

## Founders Fund highlights

- 01 160 cheques in the last 12 months
- 02 Mostly Seed and Venture: 53% of its rounds
- 03 Sole investor in 62 rounds, median $4.2M
- 04 44 exits from the portfolio

## What they do

> Founders Fund is a San Francisco based venture capital firm investing in companies building revolutionary technologies. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A
- **Sectors:** AI & Machine Learning Advertising (AdTech) Apps
- **Based in:** San Francisco, United States
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **1,120 appearances**

- **2026** 137 rounds
- **Oct** **[Coherence Neuro](https://millionrounds.com/company/coherence-neuro)** Series A · US · Google News search **$45M** *Led*
- **Oct** **[Watchtower Labs](https://millionrounds.com/company/watchtower-labs)** Seed · US · Pulse 2.0 **$35M** With 3 others
- **Oct** **[Arda Industries Inc.](https://millionrounds.com/company/arda-industries-inc)** Series A · US · Google News search **$232M** *Led*
- **Oct** **[Clueso](https://millionrounds.com/company/clueso)** Series A · US · Inc42 **$10M** With 5 others
- **Oct** **[Ramp](https://millionrounds.com/company/ramp)** Growth · US · AI Funding Tracker **$1.9B** With 24 others
- **Sept** **[Biossil](https://millionrounds.com/company/biossil)** Series B · CA · BetaKit **$153M** With 7 others
- **Sept** **[HIFI](https://millionrounds.com/company/hifi)** Series A · US · Ventureburn **$37M** With 9 others
- **Sept** **[Crusoe](https://millionrounds.com/company/crusoe)** Series F · US · TechCrunch **$3.9B** With 8 others
- **Sept** **[EnduroSat](https://millionrounds.com/company/endurosat)** Growth · BG · The Recursive **$205M** With 11 others
- **Sept** **[Impulse Space](https://millionrounds.com/company/impulse-space)** Series D · US · Google News search **$308M** With 6 others
- **Sept** **[The Boring Co.](https://millionrounds.com/company/the-boring-co)** Growth · US · Google News search **$3.0B** With 8 others
- **Sept** **[Cognition](https://millionrounds.com/company/cognition)** Series E · US · TechCrunch **$2.0B** With 18 others
- **Sept** **[Arey](https://millionrounds.com/company/arey)** Series A · US **$4.2M** With 4 others
- **Sept** **[Datavant](https://millionrounds.com/company/datavant)** Growth · US **$40M** With 2 others
- **Sept** **[Covenant](https://millionrounds.com/company/covenant)** Series A · US **$250M** With 5 others
- **Sept** **[Heydiga](https://millionrounds.com/company/heydiga)** Seed · ES **$6.4M** With 1 other
- **Sept** **[Sapien](https://millionrounds.com/company/sapien)** Venture · US **Undisclosed** With 5 others
- **Sept** **[Cato AI](https://millionrounds.com/company/cato-ai)** Seed · IT **$7.0M** With 4 others
- **Sept** **[Iusful](https://millionrounds.com/company/iusful)** Pre-seed · IT **$2.3M** With 2 others
- **Sept** **[Complaion](https://millionrounds.com/company/complaion)** Seed · IT · Firms' own news pages **$15M** With 11 others
- **Aug** **[REGENT Craft](https://millionrounds.com/company/regent-craft)** Series B · US · Ventureburn **$240M** With 7 others
- **Aug** **[Voya Energy](https://millionrounds.com/company/voya-energy)** Series A · US · Ventureburn **$35M** With 6 others
- **Aug** **[Network Bio](https://millionrounds.com/company/network-bio)** US · Ventureburn **$50M** With 7 others
- **Aug** **[Hadrian](https://millionrounds.com/company/hadrian)** Growth · US · Crunchbase News **$1.4B** With 16 others
- **Aug** **[Hadrian](https://millionrounds.com/company/hadrian)** Debt · NL **$360M** With 4 others
- **Aug** **[Gamgee](https://millionrounds.com/company/gamgee)** Seed · US **$4.0M** With 2 others
- **Jul** **[Senra](https://millionrounds.com/company/senra)** Series B · US · TechCrunch **$65M** With 12 others
- **Jul** **[Prime Intellect](https://millionrounds.com/company/prime-intellect)** Series A · US · TechCrunch **$130M** With 11 others
- **Jul** **[Stenon](https://millionrounds.com/company/stenon)** Series B · DE · DTCF DeepTech & Climate Fonds **$21M** With 9 others
- **Jul** **[Avant](https://millionrounds.com/company/avant)** Debt · US **$300M** With 2 others
- **Jul** **[NodeOps](https://millionrounds.com/company/nodeops)** Venture · US **Undisclosed** With 2 others
- **Jul** **[PsiQuantum](https://millionrounds.com/company/psiquantum)** Grant · US **$125M** With 3 others
- **Jul** **[Freenome](https://millionrounds.com/company/freenome)** US **$240M** With 4 others
- **Jul** **[Rescale](https://millionrounds.com/company/rescale)** Grant · US **$115M** With 4 others
- **Jul** **[Sigo Seguros](https://millionrounds.com/company/sigo-seguros)** Venture · US **$11M** With 4 others
- **Jun** **[STARK](https://millionrounds.com/company/stark)** DE · Air Street Capital **$570M** *Led*
- **Jun** **[Hydra Host](https://millionrounds.com/company/hydra-host)** Series A · US · Comcast Ventures **$100M** With 5 others
- **Jun** **[Endurance Energy](https://millionrounds.com/company/endurance-energy)** Series A · US · TechCrunch **$54M** *Led*
- **Jun** **[NewLimit](https://millionrounds.com/company/newlimit)** Series C · US · Ventureburn **$435M** *Led*
- **Jun** **[Westmag](https://millionrounds.com/company/westmag)** Series A · US · Ventureburn **$11M** With 7 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 **9 named**

BS **Brian Singerman** Managing Member i Filing they signed

KR **Keith Rabois** Managing Member i Filing they signed

KH **Kenneth Howery** Member i Form ADV

LB **Lauren Brittany Gross** Chief Operations Officer i Form ADV

NT **Napoleon Ta** Managing Member i Filing they signed

NR **Neil Ruthven** Chief Finance Officer i Form ADV

NS **Neil Shah Pai** General Counsel i Form ADV

PA **Peter Andreas Thiel** Managing Member i Filing they signed

TS **Trae Stephens** Managing Member i Filing they signed

We also hold **44** 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

**$59B** gross assets of its funds Oct 2026

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

- **Legal name:** Founders Fund LLC
- **SEC number:** CRD 155462

## Exits from the portfolio

Companies it backed that were later bought or listed **44 in all**

**[tbh](https://millionrounds.com/company/tbh)** Bought by [Facebook](https://millionrounds.com/fund/facebook) **Undisclosed** Oct 2017

**[Manicube](https://millionrounds.com/company/manicube)** Bought by Elizabeth Arden Red Door Spa **Undisclosed** Nov 2015

**[Misfit Wearables](https://millionrounds.com/company/misfit-wearables)** Bought by Fossil **$260M** Nov 2015

**[Booshaka](https://millionrounds.com/company/booshaka)** Bought by Sprinklr **Undisclosed** Nov 2015

**[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

**[theAudience](https://millionrounds.com/company/theaudience)** Bought by Al Ahli Holding Group **Undisclosed** Sept 2015

**[Path](https://millionrounds.com/company/path)** Bought by [Daum Kakao](https://millionrounds.com/fund/daum-kakao) **Undisclosed** May 2015

**[Wallaby Financial](https://millionrounds.com/company/wallaby-financial)** Bought by Bankrate **Undisclosed** Dec 2014

**[isocket](https://millionrounds.com/company/isocket)** Bought by Rubicon Project **Undisclosed** Nov 2014

**[Koality](https://millionrounds.com/company/koality)** Bought by [Docker](https://millionrounds.com/fund/docker) **Undisclosed** Oct 2014

**[Ringadoc](https://millionrounds.com/company/ringadoc)** Bought by Practice Fusion **Undisclosed** Aug 2014

**[Propeller](https://millionrounds.com/company/propeller)** Bought by [Palantir Technologies](https://millionrounds.com/fund/palantir-technologies) **Undisclosed** Jul 2014

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

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

**[LiveRamp](https://millionrounds.com/company/liveramp)** Bought by [Acxiom](https://millionrounds.com/fund/acxiom) **$310M** May 2014

**[Oculus VR](https://millionrounds.com/company/oculus-vr)** Bought by [Facebook](https://millionrounds.com/fund/facebook) **$2.0B** Mar 2014

**[Topsy Labs](https://millionrounds.com/company/topsy-labs)** Bought by [Apple](https://millionrounds.com/fund/apple) **$200M** Dec 2013

**[Oyster.com](https://millionrounds.com/company/oyster-com)** Bought by [TripAdvisor](https://millionrounds.com/fund/tripadvisor) **Undisclosed** Oct 2013

**[The Climate Corporation](https://millionrounds.com/company/the-climate-corporation)** Bought by [Monsanto](https://millionrounds.com/fund/monsanto-growth-ventures-mgv) **$930M** Oct 2013

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

**$6.0B**

raised in Mar 2026

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

## The cheque

Seed Series A

Median round joined **$15M** the round, not its cheque Alone, median **$4.2M**

Led 42 of 1,120 rounds **4%**

- **Sole investor:** 62 rounds
- **Last cheque:** Oct 2026
- **Exits:** 44 from the portfolio

Rounds by stage said on their site

- Seed said *236*
- Venture *209*
- Series A said *204*
- Series B *130*
- Series C *67*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Blockchain Founders Fund](https://millionrounds.com/fund/blockchain-founders-fund) 110
- [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) 84
- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) 79
- [SV Angel](https://millionrounds.com/fund/sv-angel) 73
- [Y Combinator](https://millionrounds.com/fund/y-combinator) 73
- [General Catalyst](https://millionrounds.com/fund/general-catalyst) 62

**Pitching Founders Fund?** 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 Founders Fund. A count of rooms they were both in, not a relationship either has claimed.

[**Blockchain Founders Fund** VC firm **110** rounds together](https://millionrounds.com/fund/blockchain-founders-fund)[**Khosla Ventures** VC firm **84** rounds together](https://millionrounds.com/fund/khosla-ventures)[**Andreessen Horowitz** VC firm **79** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**SV Angel** VC firm **73** rounds together](https://millionrounds.com/fund/sv-angel)[**Y Combinator** Accelerator **73** rounds together](https://millionrounds.com/fund/y-combinator)[**General Catalyst** VC firm **62** rounds together](https://millionrounds.com/fund/general-catalyst)[**Lux Capital** VC firm **58** rounds together](https://millionrounds.com/fund/lux-capital)[**8VC** VC firm **56** rounds together](https://millionrounds.com/fund/8vc)[**Sequoia Capital** VC firm **54** rounds together](https://millionrounds.com/fund/sequoia-capital)[**Female Founders Fund** VC firm **52** rounds together](https://millionrounds.com/fund/female-founders-fund)[**Felicis** VC firm **50** rounds together](https://millionrounds.com/fund/felicis-ventures)[**Lightspeed Venture Partners** VC firm **42** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners)

## Recently backed

The latest companies Founders Fund put money into.

[**Coherence Neuro** $45M · Oct 2026](https://millionrounds.com/company/coherence-neuro)[**Clueso** $10M · Oct 2026](https://millionrounds.com/company/clueso)[**Ramp** $1.9B · Oct 2026](https://millionrounds.com/company/ramp)[**Biossil** $153M · Sept 2026](https://millionrounds.com/company/biossil)[**HIFI** $37M · Sept 2026](https://millionrounds.com/company/hifi)[**Crusoe** $3.9B · Sept 2026](https://millionrounds.com/company/crusoe)

## Books by the people here

One book written by people at Founders Fund: [Peter Thiel](https://millionrounds.com/person/peter-thiel-2).

- Zero to One: Notes on Startups, or How to Build the Future [Peter Thiel](https://millionrounds.com/person/peter-thiel-2) · 2014 4.14 from 419,155 ratings on Goodreads About the book If you want to build a better future, you must believe in secrets. The great secret of our time is that there are still uncharted frontiers to explore and new inventions to create. In Zero to One, legendary entrepreneur and investor Peter Thiel shows how we can find singular… On AmazonListen on Audible
- Find the books for what you are building, or how you invest. [Open the Reading List](https://millionrounds.com/reading-list)

As an Amazon Associate we earn from qualifying purchases.

## On podcasts

6 episodes naming Founders Fund in the title, and 4 more that mention it.

- [Equity](https://millionrounds.com/podcasts/equity) 16 Sept 2026 · 27 min Why Thrive, Founders Fund, and Antonio Gracias are betting on hearing aids With [Antonio Gracias](https://millionrounds.com/person/antonio-gracias) Mentions [Founders Fund](https://millionrounds.com/fund/founders-fund)[Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) Apple Podcasts
- [StrictlyVC Download](https://millionrounds.com/podcasts/strictlyvc-download) 28 Jul 2026 · 23 min Why Founders Fund Backed a Fish Robotics Startup Mentions [Founders Fund](https://millionrounds.com/fund/founders-fund)[Delian Asparouhov](https://millionrounds.com/person/delian-asparouhov)[Los Angeles](https://millionrounds.com/person/los-angeles-platinum-equity) Apple Podcasts
- [Uncapped](https://millionrounds.com/podcasts/uncapped) 30 Jun 2026 · 1h 12m Uncapped #53 | Trae and Delian from Founders Fund Mentions [Founders Fund](https://millionrounds.com/fund/founders-fund)[Keith Rabois](https://millionrounds.com/fund/keith-rabois)[Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) *+3* Apple PodcastsShow page
- [Sourcery](https://millionrounds.com/podcasts/sourcery) 11 Jun 2026 · 51 min Brian Singerman: "If SpaceX Didn't Work, Founders Fund Wouldn't Exist" With [Brian Singerman](https://millionrounds.com/person/brian-singerman) Mentions [Founders Fund](https://millionrounds.com/fund/founders-fund)[Max Levchin](https://millionrounds.com/fund/max-levchin)[Palmer Luckey](https://millionrounds.com/fund/palmer-luckey) *+4* Apple PodcastsShow page
- [Invest Like the Best](https://millionrounds.com/podcasts/invest-like-the-best) 14 Apr 2026 · 1h 16m Scott Nolan - SpaceX, Founders Fund, and Rebuilding American Uranium Enrichment - [Invest Like the Best, EP.467] With [Scott Nolan](https://millionrounds.com/person/scott-nolan) Mentions [Founders Fund](https://millionrounds.com/fund/founders-fund)[Peter Thiel](https://millionrounds.com/fund/peter-thiel) Apple PodcastsShow page
- [The Full Ratchet](https://millionrounds.com/podcasts/full-ratchet) 2 Apr 2026 · 9 min Investor Stories 469: What Visionary Leaders at Pixxel, eToro, and Founders Fund Do Differently (Mohapatra, Banks, Orlovski) Mentions [Founders Fund](https://millionrounds.com/fund/founders-fund)[Hemant Mohapatra](https://millionrounds.com/person/hemant-mohapatra)[Lara Banks](https://millionrounds.com/person/lara-banks) Apple PodcastsShow page

### Mentioned in

- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 3 Oct 2026 · 1h 1m 20VC: The Future of Datacentres: What You Need to Know | Why Everyone Gets GPU Depreciation and AI's Energy Costs Wrong | Who Really Makes Money From AI & Why Most Moats Don't Exist with Chase Lochmiller Apple PodcastsShow page
- [Uncapped](https://millionrounds.com/podcasts/uncapped) 1 Sept 2026 · 1h 3m Uncapped #56 | Brian Singerman from GPx Apple PodcastsShow page
- [Sourcery](https://millionrounds.com/podcasts/sourcery) 31 Aug 2026 · 46 min Inside Bridgit Mendler’s New 185,000 sqft Northwood Space Factory Apple PodcastsShow page
- [Origins: Inside Venture Capital](https://millionrounds.com/podcasts/origins-openlp) 20 Aug 2026 · 43 min Ask Forgiveness, Not Permission: Josh Browder on Building DoNotPay and Investing Like a Founder Apple PodcastsShow page

## Quick answers about Founders Fund

### What does Founders Fund invest in?

Founders Fund invests most often at Seed and Venture (53% of the rounds on record), in sectors such as AI & Machine Learning, Advertising (AdTech) and Apps.

### How active is Founders Fund?

1,120 investments on record, 160 of them in the last 12 months, and it led 42. The most recent was in Oct 2026.

### What has Founders Fund invested in recently?

Its most recent investments on record: Coherence Neuro (Series A, Oct 2026), Watchtower Labs (Seed, Oct 2026) and Arda Industries Inc. (Series A, Oct 2026).

### How big are Founders Fund's cheques?

The median round it joins is $15M.

### Does Founders Fund lead rounds?

Sometimes: it led 42 of its 1,120 investments on record (4%).

### Where does Founders Fund invest?

Most of the companies it backs are in the United States (78%), Italy (8%) and Germany (5%).

### Is Founders Fund investing now?

Yes: it is actively investing, with 160 investments in the last 12 months.

### Who does Founders Fund invest alongside?

Most often Blockchain Founders Fund (110 rounds together), Khosla Ventures (84 rounds together) and Andreessen Horowitz (79 rounds together).

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