Founder Collective

Founded in 2009, Founder Collective is a venture capital firm with headquarters in Cambridge, Massachusetts, and an additional office in New York City. The firm specializes in seed-stage investments, primarily targeting technology-related companies across the United States. It is a Registered Investment Adviser and manages approximately $50 million in assets. Founder Collective operates several funds, including early-stage venture capital funds co-managed with Koa Labs. While the firm is open to various industries, it shows a preference for investments with an information technology component. The firm's approach is driven by a team of successful entrepreneurs who leverage their expertise to identify promising opportunities in the technology sector.

Elliot Cohen

Founder Partner

Joe DeFilippi

CFO

David Frankel

General Partner

Jack Groetzinger

Founder Partner

Amanda Herson

Seed Investor

Zach Klein

Founder Partner

Eric Paley

General Partner

Dan Sommer

Founder Partner

Brent Willess

Principal

Past deals in Human Resources

HumanFirst

Seed Round in 2019
HumanFirst, formerly known as Elektra Labs, is a healthcare-security company based in Tyngsboro, Massachusetts, that focuses on enhancing healthcare operations in home settings. Established in 2017, the company has developed a digital measures platform called Atlas, which streamlines the evaluation and implementation of connected technologies for collecting behavioral and physiological data. HumanFirst caters to a diverse clientele, including leading organizations involved in decentralized clinical trials and virtual care. Notably, 22 of the 25 largest pharmaceutical companies globally have utilized the HumanFirst platform to assess and facilitate the deployment of health technology products. The company provides command center and infrastructure solutions that ensure the reliability and trustworthiness of telehealth operations, matching the standards typically found in hospitals and laboratories.

Truework

Series A in 2019
Truework is a platform for employment and income verification that puts consumers in control of their personal data. The system digitizes the verification process for HR departments, banks, and others, to make it fast and secure for employees to get verified when applying for a loan, jobs, or apartment rental. Truework’s network of over 40,000 lenders, and background check companies, and other verifiers completes thousands of employment and income verifications every day. The employer network includes nearly 100 enterprise companies and more than 20,000 small businesses across all industries, from healthcare to technology, including The College Board, The Real Real, Oscar Health, The Motley Fool, and Tuft & Needle.

Trusted

Series A in 2019
Trusted, Inc. operates a digital employment platform specifically designed for nurses, facilitating their connection to flexible job opportunities in the healthcare sector. Founded in 2017 and headquartered in San Francisco, the platform automates the recruitment process by enabling nurses to create and manage their resumes, credentials, and certifications digitally. It also provides real-time alerts for job openings that match their qualifications and preferences, thereby simplifying the application process. Trusted is supported by notable investors, including Craft Ventures and Texas Medical Center, which underscores its significance in the healthcare employment landscape.

Matter

Seed Round in 2019
Matter is a new way to gather professional feedback. Here’s how it’s different... No boss required™: Take control and receive feedback on your own terms The data is yours: Your profile goes with you as your career progresses Your team and beyond: Hear from respected peers across your industry Track progress over time: Level up your unique skills and make feedback fun

Trusted

Seed Round in 2017
Trusted, Inc. operates a digital employment platform specifically designed for nurses, facilitating their connection to flexible job opportunities in the healthcare sector. Founded in 2017 and headquartered in San Francisco, the platform automates the recruitment process by enabling nurses to create and manage their resumes, credentials, and certifications digitally. It also provides real-time alerts for job openings that match their qualifications and preferences, thereby simplifying the application process. Trusted is supported by notable investors, including Craft Ventures and Texas Medical Center, which underscores its significance in the healthcare employment landscape.

WorkJam

Venture Round in 2017
WorkJam, Inc. is a company that offers a web and mobile application designed to enhance workforce management and employee engagement across various industries, including retail, hospitality, healthcare, and manufacturing. Founded in 2014 and headquartered in Montreal, Canada, with additional offices in Cincinnati, Ohio, and Melbourne, Australia, WorkJam's platform provides features for shift and task management, scheduling, communication, training, and employee recognition. It aims to empower shift-based and non-desk workers by facilitating agile scheduling and effective communication, ultimately driving operational efficiency and productivity. The company's solutions also support improved labor cost management and customer experience by fostering a motivated and engaged workforce. WorkJam has established a strategic partnership with Digital Goodie to further enhance its offerings.

Karat

Seed Round in 2015
Karat Inc., founded in 2014 and based in Seattle, Washington, specializes in technical interviewing methodologies and software. The company has pioneered the concept of Interview Engineering, conducting technical interviews for organizations seeking software engineers. Utilizing a community of Interview Engineers, Karat employs a proprietary interviewing infrastructure, standardized questions, and data-informed best practices to ensure fair and predictive interviews at scale. Their flagship product allows companies to record interviews, capture candidates' coding performances, structure feedback, and generate recommendations for hiring teams. By building a robust dataset of structured interview intelligence, Karat provides valuable hiring analytics to enhance the recruitment process for its clients.

Hickory

Seed Round in 2015
Hickory is a New York-based startup that focuses on enhancing employee training retention through a specialized application. The company’s innovative tool is designed for Sales and Customer Service teams, transforming them into knowledgeable brand experts. Utilizing a proprietary algorithm, the application predicts when employees are likely to forget their training and schedules tailored review exercises to reinforce their learning based on individual strengths and weaknesses. This approach not only improves retention but also helps businesses save time and resources that would otherwise be allocated to retraining efforts. As a fast-growing entity backed by Y-Combinator, Hickory aims to redefine training methodologies in the corporate sector.

Proven

Series A in 2013
Proven is a hiring tool tailored for small businesses, providing an employment application software that simplifies the recruitment process. Founded in 2009 and headquartered in San Francisco, California, the platform allows employers to manage hiring tasks directly from their smartphones or tablets. Users can post job openings on platforms like Craigslist, as well as review resumes, respond to candidates, and contact them efficiently. Proven's fully native apps for iOS and Android enhance the hiring experience by making it accessible and convenient for busy employers.

Proven

Series A in 2012
Proven is a hiring tool tailored for small businesses, providing an employment application software that simplifies the recruitment process. Founded in 2009 and headquartered in San Francisco, California, the platform allows employers to manage hiring tasks directly from their smartphones or tablets. Users can post job openings on platforms like Craigslist, as well as review resumes, respond to candidates, and contact them efficiently. Proven's fully native apps for iOS and Android enhance the hiring experience by making it accessible and convenient for busy employers.

EmployInsight

Seed Round in 2012
EmployInsight, a web-based platform for measuring and quantifying employees "soft skills" in the workplace. Using EmployInsight's products, employees and potential employees can be measured to determine where their personalities fit in with the work involved. With HireInsight, the company's first product, the focus is on measuring interview candidates.

Readyforce

Series A in 2010
Readyforce is a professional network tailored specifically for college students, enabling them to connect with peers, mentors, and alumni while accessing career-related resources. Students can share their professional information, seek advice, participate in discussions, and discover relevant events, internships, and job opportunities. On the other hand, companies can leverage Readyforce to target top college talent across the United States. They can build engaging company profiles, post job openings, and promote events, while also facilitating communication with students based on various criteria such as school and major. Readyforce also allows companies to gather insights on brand reputation and recruitment practices, transforming traditional resumes into searchable profiles. The platform is free to join, making it a valuable resource for both students and employers in their career development and talent acquisition efforts.
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