Founders Fund

Founders Fund is a San Francisco-based venture capital firm that backs science and technology companies across multiple stages, from seed to late-stage. It pursues transformative technologies and follows a founder-friendly investment approach that provides substantial support with minimal interference. The firm invests in ventures solving difficult problems across sectors such as aerospace and transportation, artificial intelligence, advanced computing, energy, healthcare, biotechnology, cybersecurity, fintech, consumer internet, software, robotics, and related technology fields. It has backed notable companies early, including SpaceX, Palantir, and Facebook, reflecting a history of partnering with ambitious founders to scale breakthrough technologies.

Lauren Gross

Partner and COO

Bridget Harris

Associate

Joey Krug

Partner

Sean Liu

Partner

Jeffrey Lonsdale

Managing Director, Asia

Past deals in Consumer Electronics

Icon

Venture Round in 2025
Icon is a technology company focused on developing innovative solutions for screen-based devices, particularly those integrated with Amazon's Alexa Voice Service. As a software-led hardware company, Icon specializes in creating smart mirrors and other smart home devices that incorporate voice capabilities. The company is recognized for its professional technology development team, which provides customized hardware and software solutions tailored to meet the certification requirements for Alexa integration. Icon's smart mirror, which features Alexa built-in, has received accolades, including recognition as a CES 2020 Innovation Awards honoree. In addition to its product offerings, Icon also provides industrial design services and supports a wide range of customized designs for original equipment manufacturers. The company is backed by notable investors and industry executives, enhancing its credibility and reach in the tech market.

Icon

Venture Round in 2025
Icon is a technology company focused on developing innovative solutions for screen-based devices, particularly those integrated with Amazon's Alexa Voice Service. As a software-led hardware company, Icon specializes in creating smart mirrors and other smart home devices that incorporate voice capabilities. The company is recognized for its professional technology development team, which provides customized hardware and software solutions tailored to meet the certification requirements for Alexa integration. Icon's smart mirror, which features Alexa built-in, has received accolades, including recognition as a CES 2020 Innovation Awards honoree. In addition to its product offerings, Icon also provides industrial design services and supports a wide range of customized designs for original equipment manufacturers. The company is backed by notable investors and industry executives, enhancing its credibility and reach in the tech market.

Earable Neuroscience

Convertible Note in 2023
Earable Neuroscience is a deep tech company focusing on building consumer wearables and solutions that unlock human potential through improved sleep and cognitive function. Earable was early-invested in by FoundersFund and Samsung Ventures. After 9 years of R&D at the University of Colorado and the University of Oxford, Earable invented FRENZ Brainband - a pioneering AI-powered sleep-aid wearable designed to track and stimulate brain activity in real time using science-backed personalized audio delivered via bone-conduction speakers.

Earable Neuroscience

Seed Round in 2022
Earable Neuroscience is a deep tech company focusing on building consumer wearables and solutions that unlock human potential through improved sleep and cognitive function. Earable was early-invested in by FoundersFund and Samsung Ventures. After 9 years of R&D at the University of Colorado and the University of Oxford, Earable invented FRENZ Brainband - a pioneering AI-powered sleep-aid wearable designed to track and stimulate brain activity in real time using science-backed personalized audio delivered via bone-conduction speakers.

Tempo

Series B in 2020
Tempo designs and develops a home fitness platform with personal guidance to help users in their training sessions. It features live elite trainers who can help users when they make mistakes. It has built-in three-dimensional sensors that track form, counts reps, and recommend weights. It helps users to improve in real-time. Powered by 3D motion sensors and AI, it analyzes 25 of the body’s essential joints as users work out and gives understood form feedback. Moawia Eldeeb and Joshua Augustin founded it as Pivot in 2015, with its headquarters in San Francisco in California.

Eight Sleep

Series C in 2019
Eight Sleep is a pioneering sleep technology company that manufactures smart mattresses designed to optimize rest and improve overall health. Founded in 2014, the company's products include temperature-regulating mattresses, sleep trackers, and other accessories aimed at creating personalized, comfortable sleep environments.

Tend

Seed Round in 2019
Tend is a modern business focused on providing a digital platform that offers innovative solutions in home and electronics warranty, as well as hospitality staffing. The company specializes in straightforward warranty coverage designed to meet various customer needs. Additionally, Tend serves as a marketplace that connects businesses with a curated network of hospitality professionals, facilitating staffing solutions for the industry. By combining these services, Tend aims to simplify financial management and enhance operational efficiency for both consumers and businesses.

Sana Health

Convertible Note in 2019
Sana Health, Inc. is a digital health company based in Lafayette, Colorado, with an additional office in Mill Valley, California. Founded in 2015, the company specializes in developing bio-therapeutic devices designed to promote relaxation and alleviate pain and tension. Its flagship product, Sana, is a non-addictive mask and headphone combination that utilizes audiovisual stimulation to enhance the balance between the left and right sides of the brain, facilitating a deep meditative state. This device employs coordinated pulses of light and sound to guide users into relaxation, mimicking the benefits of long-term meditation practices. Sana Health is also engaged in multiple clinical studies, focusing on applications for conditions such as fibromyalgia and neuropathic pain, as well as trials related to anxiety and PTSD. The company offers its products for sale online and provides a mobile application accessible via major app platforms.

Earable Neuroscience

Seed Round in 2019
Earable Neuroscience is a deep tech company focusing on building consumer wearables and solutions that unlock human potential through improved sleep and cognitive function. Earable was early-invested in by FoundersFund and Samsung Ventures. After 9 years of R&D at the University of Colorado and the University of Oxford, Earable invented FRENZ Brainband - a pioneering AI-powered sleep-aid wearable designed to track and stimulate brain activity in real time using science-backed personalized audio delivered via bone-conduction speakers.

Tempo

Series A in 2019
Tempo designs and develops a home fitness platform with personal guidance to help users in their training sessions. It features live elite trainers who can help users when they make mistakes. It has built-in three-dimensional sensors that track form, counts reps, and recommend weights. It helps users to improve in real-time. Powered by 3D motion sensors and AI, it analyzes 25 of the body’s essential joints as users work out and gives understood form feedback. Moawia Eldeeb and Joshua Augustin founded it as Pivot in 2015, with its headquarters in San Francisco in California.

Hubble Contacts

Venture Round in 2018
Hubble Contacts provides contact lenses and eyewear at affordable prices with a focus on simplicity and convenience. Originated to make eye care accessible to as many people as possible, it has evolved to include high-quality eyeglasses and sunglasses in its product lineup. The company emphasizes an easy, hassle-free shopping experience and strong customer service to reduce the typical friction of reordering lenses and selecting frames. Guided by a mission to improve accessibility and affordability in eye care, Hubble Contacts seeks to offer reliable products and responsive support through a dedicated team.

Intermedia Labs

Venture Round in 2018
Intermedia Labs is a consumer-based video technology firm inventing the future of television.

Hubble Contacts

Series A in 2017
Hubble Contacts provides contact lenses and eyewear at affordable prices with a focus on simplicity and convenience. Originated to make eye care accessible to as many people as possible, it has evolved to include high-quality eyeglasses and sunglasses in its product lineup. The company emphasizes an easy, hassle-free shopping experience and strong customer service to reduce the typical friction of reordering lenses and selecting frames. Guided by a mission to improve accessibility and affordability in eye care, Hubble Contacts seeks to offer reliable products and responsive support through a dedicated team.

Sana Health

Seed Round in 2017
Sana Health, Inc. is a digital health company based in Lafayette, Colorado, with an additional office in Mill Valley, California. Founded in 2015, the company specializes in developing bio-therapeutic devices designed to promote relaxation and alleviate pain and tension. Its flagship product, Sana, is a non-addictive mask and headphone combination that utilizes audiovisual stimulation to enhance the balance between the left and right sides of the brain, facilitating a deep meditative state. This device employs coordinated pulses of light and sound to guide users into relaxation, mimicking the benefits of long-term meditation practices. Sana Health is also engaged in multiple clinical studies, focusing on applications for conditions such as fibromyalgia and neuropathic pain, as well as trials related to anxiety and PTSD. The company offers its products for sale online and provides a mobile application accessible via major app platforms.

Price.com

Seed Round in 2017
Founded in San Francisco in 2016, Price.com offers a comprehensive money-saving platform for comparison shopping. Its AI-powered algorithm enables real-time discovery of products across various categories like new, used, refurbished, and rental items, providing consumers with transparent pricing options.

Hubble Contacts

Seed Round in 2016
Hubble Contacts provides contact lenses and eyewear at affordable prices with a focus on simplicity and convenience. Originated to make eye care accessible to as many people as possible, it has evolved to include high-quality eyeglasses and sunglasses in its product lineup. The company emphasizes an easy, hassle-free shopping experience and strong customer service to reduce the typical friction of reordering lenses and selecting frames. Guided by a mission to improve accessibility and affordability in eye care, Hubble Contacts seeks to offer reliable products and responsive support through a dedicated team.

Wish

Series F in 2016
Founded in 2010 and based in San Francisco, Wish is an e-commerce platform that offers a wide range of affordable goods to consumers globally. The platform utilizes big data, machine learning, and search technologies to deliver a visually engaging and personalized shopping experience. Wish connects customers with a vast network of direct suppliers, enabling access to quality products through a mobile-friendly interface. It features a diverse product selection, including clothing, accessories, gaming equipment, cosmetics, and mobile covers. By 2018, Wish had attracted over 80 million monthly active users and collaborated with more than one million merchants, selling nearly one billion products each year. The company primarily generates revenue from Europe, while also maintaining a presence in North America, South America, and other regions.

ROLI

Series B in 2016
ROLI is a music technology company that specializes in creating innovative hardware and software solutions for music learning and creation. The firm develops a modular music creation system that features a three-dimensional pressure-sensing digital keyboard, designed to enhance musical expression by responding to variations in pressure. ROLI's team, composed of musicians, programmers, teachers, anthropologists, engineers, and artists, is dedicated to redefining how individuals engage with music through their products, which include a range of music-making devices, software, sounds, and accessories. By focusing on the intersection of technology and music, ROLI aims to make music more accessible and expressive for users of all skill levels.

June

Series A in 2015
June Life Inc. is a San Francisco-based company that specializes in the manufacturing of smart ovens, having pioneered this market in 2016 with the introduction of its innovative countertop convection oven. The June Oven combines multiple cooking functionalities, serving as an air fryer, slow cooker, roaster, broiler, baker, dehydrator, toaster, reheater, and warming device, effectively replacing seven kitchen appliances and reducing clutter. The company aims to enhance the cooking experience by leveraging technology, elegant design, and exceptional performance, making cooking accessible and easy for everyone. Established in 2013, June Life Inc. continues to focus on transforming the culinary landscape through its advanced kitchen solutions.

ContextLogic

Series C in 2014
ContextLogic Inc., formerly known for its Wish ecommerce platform, is a technology-driven company specializing in the online retail sector. The company previously offered a global marketplace connecting consumers with merchants through a mobile shopping experience. Following a recent transaction, ContextLogic has sold its operating assets to Qoo10 and now focuses on leveraging its substantial net operating losses (NOLs) for future financial opportunities. ContextLogic continues to explore ways to maximize the value of these tax attributes while managing reduced operational expenses.

MakeSpace

Series A in 2014
MakeSpace offers convenient, tech-driven storage solutions. Customers pay for only the space they use and manage their belongings via an app, including scheduling pickups and deliveries.

Oculus

Series A in 2013
Oculus, founded in 2012 and headquartered in Menlo Park, California, is a company focused on advancing virtual reality technology to enhance how individuals interact with digital content. The Oculus platform supports devices such as Rift and Samsung's Gear VR, allowing users to experience immersive environments and engage in activities with others across the globe. One of its notable products, Oculus Medium, is a virtual reality sculpting tool that facilitates the creation and painting of digital sculptures specifically for use with the Oculus Rift. This application empowers users to sculpt, model, and paint in a fully immersive setting, enabling the design of characters, objects, and artistic works with ease. Oculus aims to revolutionize the gaming experience and broaden the possibilities of virtual interaction through its innovative technology.

Ooma

Venture Round in 2012
Ooma develops smart cloud-based software-as-a-service (SaaS) platforms for businesses and consumers worldwide. Its offerings include advanced voice and collaboration features, residential phone service with PureVoice HD quality, and a comprehensive home security solution.

Ingenic

Grant in 2011
Ingenic is an online learning platform designed to enhance educators' ability to provide personalized feedback and engaging course activities. It facilitates efficient management of virtual lessons and course materials, improving the education feedback loop.

OLX Brazil

Series B in 2008
OLX operates an online classifieds platform in Brazil, facilitating the buying and selling of various items including electronics, furniture, vehicles, and more. Its mission is to promote conscious consumption by connecting users for convenient and safe transactions.

Ooma

Series C in 2008
Ooma develops smart cloud-based software-as-a-service (SaaS) platforms for businesses and consumers worldwide. Its offerings include advanced voice and collaboration features, residential phone service with PureVoice HD quality, and a comprehensive home security solution.

Ooma

Series B in 2006
Ooma develops smart cloud-based software-as-a-service (SaaS) platforms for businesses and consumers worldwide. Its offerings include advanced voice and collaboration features, residential phone service with PureVoice HD quality, and a comprehensive home security solution.
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