Founders AND 3

Founders Fund is a San Francisco-based venture capital firm established in 2005, specializing in investments across various stages, from seed to later-stage funding. The firm targets companies that are developing transformative technologies in sectors such as consumer internet, biotechnology, artificial intelligence, aerospace, energy, and health. Founders Fund has a diverse investment portfolio, having backed notable companies like SpaceX, Facebook, and Palantir. The firm employs a founder-friendly investment approach, aiming to support entrepreneurs with minimal interference. With over $2 billion in capital under management, Founders Fund continues to seek innovative solutions to global challenges, making investments typically ranging from $500,000 to $300 million.

Delian Asparouhov

Principal

Jennifer Campbell

Partner

Lauren Gross

Partner and COO

Bridget Harris

Associate

Sean Liu

Partner

Jeffrey Lonsdale

Managing Director, Asia

John Luttig

Partner

Amin Mirzadegan

Partner

Scott Nolan

Partner

Neil Ruthven

CFO

Trae Stephens

Partner

Napoleon Ta

Partner

Matias Van Thienen

Partner

Past deals in Los Angeles, CA

The Boring Company

Series C in 2022
The Boring Company is an infrastructure and tunnel construction firm established by Elon Musk in late 2016. The company focuses on efficiently digging tunnels to create an underground transportation network aimed at alleviating traffic congestion. Its services include the construction of tunnels that facilitate faster and more economical transportation options, addressing urban mobility challenges. By providing innovative tunneling solutions, The Boring Company seeks to improve the overall efficiency of transportation systems in congested areas.

Wonder Dynamics

Series A in 2021
Wonder Dynamics is a media-tech startup co-founded by Tye Sheridan and Nikola Todorovic in Los Angeles, California. The company focuses on developing AI technology that enhances storytelling, allowing independent filmmakers to create high-quality visual effects comparable to those of major studios while significantly reducing production costs. Their innovative tools enable viewers to engage in artificial intelligence-powered conversations with characters in films and television shows, thereby improving the overall viewing experience. By combining advanced AI capabilities with cinematic storytelling, Wonder Dynamics aims to democratize access to high-level production resources for indie creators.

Daring.

Series C in 2021
Daring Foods Inc. is a company that specializes in producing plant-based chicken products designed as a healthy alternative to traditional meat. Founded in 2018 by Ross Mackay and Eliott Kessas in Los Angeles, California, Daring crafts vegan meat options that are free from dairy, eggs, palm oil, genetically modified organisms, hormones, and antibiotics. This commitment to sustainability and nutrition caters to consumers seeking delicious plant-based options that resemble chicken, allowing them to enjoy their favorite meals multiple times a week without compromising on health or ethical standards. The company aims to expand its retail presence to reach a broader audience.

Galvanick

Pre Seed Round in 2021
When it comes to securing Industrial Operations environments, we believe humans should always be in the loop as actions in the cyber-physical world have real consequences. Threats are increasing faster than we can hire and train employees. We provide an Intelligence Augmentation platform that acts as your “cyber-sidekick”. Galvanick helps industrial companies secure their operations by reducing the time to detection of anomalous behavior on their most sensitive assets. The Galvanick cloud-native analysis platform aggregates telemetry from industrial environments and hosts systemic models that enable operators to quickly understand the difference between, and context around, both normal and abnormal behavior

Persona

Series C in 2021
Persona is a company that specializes in identity verification, helping businesses establish trust in online interactions. Founded in 2018 and headquartered in San Francisco, Persona provides a comprehensive suite of automated identity verification tools designed to address various needs, including age verification, fraud prevention, and account recovery. The system allows for the configuration and branding of custom-tailored workflows, making it adaptable to diverse use cases. By managing the complex processes of collecting, verifying, and handling sensitive personal information, Persona enables organizations to focus on their core product development while ensuring secure and efficient identity verification.

Bungalow

Series C in 2021
Bungalow is a residential real estate platform that offers flexible communal living solutions for early career professionals. Founded in 2016 and based in San Francisco, the company transforms unused spaces into rentable rooms by signing long-term leases with homeowners. Bungalow provides fully furnished multi-bedroom homes in desirable neighborhoods across major U.S. cities, including Baltimore, New York City, and Los Angeles. Each home features private bedrooms, shared living spaces, and amenities such as Wi-Fi, utilities, and housekeeping services. In addition, Bungalow facilitates roommate matching to create harmonious living arrangements and organizes monthly community events to foster social connections among residents. The company aims to enhance the rental experience by providing high-quality homes and a supportive community for its members.

Wonder Dynamics

Seed Round in 2021
Wonder Dynamics is a media-tech startup co-founded by Tye Sheridan and Nikola Todorovic in Los Angeles, California. The company focuses on developing AI technology that enhances storytelling, allowing independent filmmakers to create high-quality visual effects comparable to those of major studios while significantly reducing production costs. Their innovative tools enable viewers to engage in artificial intelligence-powered conversations with characters in films and television shows, thereby improving the overall viewing experience. By combining advanced AI capabilities with cinematic storytelling, Wonder Dynamics aims to democratize access to high-level production resources for indie creators.

Raise

Series A in 2020
Raise Commercial Real Estate, Inc. provides commercial real estate brokerage services for startups and high growth companies searching for office spaces. It offers planning services, such as financial analysis, legal, zoning, and site selection services. The company also provides buildout services, including workplace strategy, project management, and architecture services. In addition, it offers operations services, such as move coordination, furniture, office management, and lease administration services. Further, it offers document management and commute analysis services for its clients. The company was formerly known as HelloOffice, Inc. and and changed its name to Raise Commercial Real Estate, Inc. in November 2020. The company was incorporated in 2015 and is based in San Francisco, California with an additional office in Los Angeles, California with additional locations in Silicon Valley and los Angeles, California.

Bungalow

Series B in 2019
Bungalow is a residential real estate platform that offers flexible communal living solutions for early career professionals. Founded in 2016 and based in San Francisco, the company transforms unused spaces into rentable rooms by signing long-term leases with homeowners. Bungalow provides fully furnished multi-bedroom homes in desirable neighborhoods across major U.S. cities, including Baltimore, New York City, and Los Angeles. Each home features private bedrooms, shared living spaces, and amenities such as Wi-Fi, utilities, and housekeeping services. In addition, Bungalow facilitates roommate matching to create harmonious living arrangements and organizes monthly community events to foster social connections among residents. The company aims to enhance the rental experience by providing high-quality homes and a supportive community for its members.

Scanwell Health

Seed Round in 2019
Scanwell Health, Inc. is a healthcare company that specializes in designing and developing urine testing kits. The primary product, a urinary tract infection test kit, enables users to obtain clinical-grade results through their smartphones. In addition to test results, the kit connects users with an online doctor’s office for same-day treatment and prescription services. Established in 2018 and headquartered in Los Angeles, California, Scanwell Health has received FDA clearance for its urine testing application, underscoring its commitment to providing accessible and reliable healthcare solutions.

Tend

Seed Round in 2019
Tend Exchange LLC, founded in 2017 and based in El Segundo, California, specializes in providing software solutions for event staffing through a digital marketplace. This platform connects event hosts with a curated network of professionals known as Tenders, who offer various hospitality staffing services, including bartending. Users can select staff based on their profiles, experience, and ratings, enabling them to make informed choices for future events. Tend aims to streamline the staffing process for both businesses and individuals in the hospitality industry.

Raise

Seed Round in 2019
Raise Commercial Real Estate, Inc. provides commercial real estate brokerage services for startups and high growth companies searching for office spaces. It offers planning services, such as financial analysis, legal, zoning, and site selection services. The company also provides buildout services, including workplace strategy, project management, and architecture services. In addition, it offers operations services, such as move coordination, furniture, office management, and lease administration services. Further, it offers document management and commute analysis services for its clients. The company was formerly known as HelloOffice, Inc. and and changed its name to Raise Commercial Real Estate, Inc. in November 2020. The company was incorporated in 2015 and is based in San Francisco, California with an additional office in Los Angeles, California with additional locations in Silicon Valley and los Angeles, California.

Bev

Seed Round in 2019
Bev is a mission-driven alcoholic beverage producer focused on redefining the industry, particularly within traditionally male-dominated spaces. The company specializes in offering a modern cocktail experience through its range of dry canned wines made from quality grapes. These wines feature bright aromatics, including strawberry, raspberry, white peach, and watermelon, while maintaining low sugar and carbohydrate content. This approach allows consumers to enjoy flavored wines that align with contemporary preferences for healthier drinking options.

Argent

Venture Round in 2019
Argent Mill, Inc. is an online retailer based in San Francisco, California, specializing in women's workwear apparel. Founded in 2015, the company focuses on providing stylish and functional clothing designed for professional settings. Its product range includes blazers, tops, trousers, jumpsuits, outerwear, skirts, dresses, and sweaters, as well as various accessories. Argent aims to empower women by offering a collection that blends technical styling with contemporary fashion, ensuring that customers feel both confident and sophisticated in their work attire.

Ritual

Series B in 2019
Ritual is a direct-to-consumer health brand based in Los Angeles, focused on providing transparency in nutrition. The company emphasizes the importance of understanding not only what ingredients are consumed but also their sourcing and purpose. Ritual conducts extensive research to ensure that its premium nutrients are both effective and scientifically backed. The brand aims to empower individuals to adopt healthy habits by making nutrition a ritual in their daily lives. With a diverse team that includes scientists, artists, and marketers, Ritual is committed to reinventing the health and wellness industry. The company is experiencing rapid growth and is dedicated to its mission of helping people feel their best through informed dietary choices.

Artie

Pre Seed Round in 2019
Artie Inc. operates a mobile gaming platform that allows users to share and play games instantly within popular social applications such as Instagram, TikTok, Facebook, Snapchat, YouTube, and Twitter, without requiring additional app downloads or integration. Founded in 2018 and based in Los Angeles, Artie's technology enables high-quality, Unity-made games to be streamed from the cloud, bypassing traditional app stores and their associated fees. The platform enhances user engagement with next-gen features such as voice, texting, and camera input, fostering deeper interaction between players and games. Artie's team comprises professionals from notable companies like Activision/Blizzard, Disney, and Facebook, contributing expertise in AI, engineering, and interactive storytelling. The company has attracted investment from prominent figures and firms, including Scooter Braun and Warner Music Group, highlighting its innovative approach to mobile gaming and distribution.

Toonstar

Seed Round in 2018
Toonstar Inc. is a digital animation company based in Los Angeles, California, founded in 2014. The company has developed a software application that allows users to livestream their own cartoon shows, utilizing advanced facial recognition technology. This platform empowers users to transform into cartoon characters and create interactive, snackable content aimed at mobile audiences. Toonstar specializes in producing daily pop culture cartoons quickly and cost-effectively, partnering with creators to bring virtual influencers to life. Through its innovative approach, Toonstar enables a new level of engagement and creativity for fans and content creators alike.

Cloud9

Series B in 2018
Cloud9 Esports, Inc. operates as an eSports team organization, which organizes matches for e-games. It also sells pullover hoodies, jersey, jackets, hoodies, track jackets, long sleeve T-shirts, T-shirts, plushies, tank tops, V-neck clothing, shorts, hats, beanies, posters, mousepads, keychains, sunglasses, bracelets, wristband sets, pins, stickers, and gift cards online. The company was founded in 2013 and is based in Santa Monica, California.

Bungalow

Series A in 2018
Bungalow is a residential real estate platform that offers flexible communal living solutions for early career professionals. Founded in 2016 and based in San Francisco, the company transforms unused spaces into rentable rooms by signing long-term leases with homeowners. Bungalow provides fully furnished multi-bedroom homes in desirable neighborhoods across major U.S. cities, including Baltimore, New York City, and Los Angeles. Each home features private bedrooms, shared living spaces, and amenities such as Wi-Fi, utilities, and housekeeping services. In addition, Bungalow facilitates roommate matching to create harmonious living arrangements and organizes monthly community events to foster social connections among residents. The company aims to enhance the rental experience by providing high-quality homes and a supportive community for its members.

Cloud9

Series A in 2017
Cloud9 Esports, Inc. operates as an eSports team organization, which organizes matches for e-games. It also sells pullover hoodies, jersey, jackets, hoodies, track jackets, long sleeve T-shirts, T-shirts, plushies, tank tops, V-neck clothing, shorts, hats, beanies, posters, mousepads, keychains, sunglasses, bracelets, wristband sets, pins, stickers, and gift cards online. The company was founded in 2013 and is based in Santa Monica, California.

Ritual

Series A in 2017
Ritual is a direct-to-consumer health brand based in Los Angeles, focused on providing transparency in nutrition. The company emphasizes the importance of understanding not only what ingredients are consumed but also their sourcing and purpose. Ritual conducts extensive research to ensure that its premium nutrients are both effective and scientifically backed. The brand aims to empower individuals to adopt healthy habits by making nutrition a ritual in their daily lives. With a diverse team that includes scientists, artists, and marketers, Ritual is committed to reinventing the health and wellness industry. The company is experiencing rapid growth and is dedicated to its mission of helping people feel their best through informed dietary choices.

Brud

Seed Round in 2017
Brud Inc. is a transmedia studio based in Los Angeles that specializes in the development of digital and robotic characters for social platforms. Founded in 2014, the company focuses on creating character-driven story worlds, leveraging expertise in robotics, artificial intelligence, and machine learning. Brud is known for its work in producing virtual influencers, which are digital personas that engage audiences across various media channels. The company's innovative approach combines technology and storytelling, allowing for the creation of captivating narratives that resonate with contemporary audiences.

IVY

Venture Round in 2016
IVY is poised to be the global 21st century version of a top University, with a decentralized lifelong member-base across 50 hub cities. We will disrupt the $4 trillion global education market as the leading platform mobilizing passionate individuals towards entrepreneurship, arts, social impact, policy, and wellness. The average IVY member is an influential high income millennial who is 31 years old. Our vision is to establish a lifelong membership spanning from adolescence to late adulthood. IVY has more than 20,000 members across 7 US cities and is hosting 1,000+ gatherings with foremost thought-leaders, cultural institutions, venues, and brands in 2017. It is the number one community that mobilizes the next generation towards entrepreneurship, art, philanthropy, policy and wellness. Founded by Harvard Business School classmates Beri Meric and Philipp Triebel, IVY is currently based across New York, Los Angeles, San Francisco, Washington D.C., Boston, Chicago and Miami, with upcoming international expansions scheduled for London, Hong Kong, and Dubai.

Service

Seed Round in 2015
Service gets you paid when your flight is delayed or cancelled.

Tribogenics

Series B in 2015
Founded in 2011, Tribogenics is developing low-cost, miniature x-ray solutions for applications in mining, industrial, military, medical imaging, and many other industries. Tribogenics employs technology developed at UCLA by leading scientists and is based in Los Angeles, California.

Postmates

Series C in 2015
Postmates Inc. operates a food and grocery delivery platform that connects customers with local couriers for the delivery of products from various stores and restaurants across the United States. Founded in 2011 and based in San Francisco, the platform offers access to over 600,000 restaurants and retailers, including many exclusive to Postmates. It serves as a market leader in Los Angeles and covers approximately 80% of U.S. households in all 50 states. Users can discover, order, and track groceries and alcohol, alongside meals from local restaurants. Additionally, Postmates provides gift card services and offers a subscription service called Postmates Unlimited, which allows customers to enjoy free delivery from all merchants.

Postmates

Series A in 2013
Postmates Inc. operates a food and grocery delivery platform that connects customers with local couriers for the delivery of products from various stores and restaurants across the United States. Founded in 2011 and based in San Francisco, the platform offers access to over 600,000 restaurants and retailers, including many exclusive to Postmates. It serves as a market leader in Los Angeles and covers approximately 80% of U.S. households in all 50 states. Users can discover, order, and track groceries and alcohol, alongside meals from local restaurants. Additionally, Postmates provides gift card services and offers a subscription service called Postmates Unlimited, which allows customers to enjoy free delivery from all merchants.

theAudience

Series A in 2012
theAudience, Inc. is a multi-channel publisher based in Los Angeles, California, specializing in social and digital content. Founded in 2011, the company provides a range of services, including social consulting, influencer activation, content creation, and media buying. Its BackStage Publishing Platform streamlines the social publishing process and offers analytics to manage content at scale. theAudience aims to connect brands, entertainment properties, and social influencers with consumers by syndicating engaging content globally. The company focuses on creating meaningful interactions that resonate with audiences, representing the interests and conversations of a diverse consumer base. As of August 2015, it operates as a subsidiary of Al Ahli Holding Group.

Tribogenics

Series A in 2012
Founded in 2011, Tribogenics is developing low-cost, miniature x-ray solutions for applications in mining, industrial, military, medical imaging, and many other industries. Tribogenics employs technology developed at UCLA by leading scientists and is based in Los Angeles, California.

Postmates

Seed Round in 2012
Postmates Inc. operates a food and grocery delivery platform that connects customers with local couriers for the delivery of products from various stores and restaurants across the United States. Founded in 2011 and based in San Francisco, the platform offers access to over 600,000 restaurants and retailers, including many exclusive to Postmates. It serves as a market leader in Los Angeles and covers approximately 80% of U.S. households in all 50 states. Users can discover, order, and track groceries and alcohol, alongside meals from local restaurants. Additionally, Postmates provides gift card services and offers a subscription service called Postmates Unlimited, which allows customers to enjoy free delivery from all merchants.
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