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 Fraud Detection

Found

Series B in 2022
Found is a business bank for self-employed people that makes self-employed taxes easy. With built-in expense tracking and a tax savings account, we’re on a mission to help millions of self-employed people make their business dreams a reality.

Cyabra

Series A in 2021
Cyabra Strategy Ltd. is an Israeli company that specializes in protecting brands and public figures from misleading discourse and disinformation on social media. Founded in 2017 and based in Tel Aviv-Yafo, the company has developed an online platform that filters out false information and deepfakes, allowing clients to make decisions based on genuine content. The platform detects social media attacks and provides insights into malicious actors, bot networks, and generative artificial intelligence content. Additionally, it features a proactive alerts system to help clients safeguard their reputation against disinformation and election-related threats. The team at Cyabra comprises veterans of information warfare, bringing expertise to the field of social threat intelligence.

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.

Affirm

Series G in 2020
Affirm is a financial technology company that offers installment loans to consumers at the point of sale, allowing them to make purchases from online merchants and pay for them in fixed monthly installments. Founded in 2012 and headquartered in San Francisco, with an additional office in Chicago, Affirm aims to provide transparent financial products that empower consumers and enhance their buying experience. Customers can select Affirm as a payment method at checkout, complete a real-time application, and choose a payment plan that aligns with their budget. The service stands out by offering upfront pricing with no hidden fees or compounding interest, unlike traditional credit options. Affirm partners with over 2,000 merchants across various sectors, including retail, travel, and electronics, to provide consumers with a flexible alternative to credit cards. Loans are facilitated through a partnership with Cross River Bank, ensuring a reliable financing option for users.

AI Foundation

Series B in 2020
AI Foundation specializes in developing artificial intelligence software solutions aimed at identifying malicious online content. Its flagship product, Reality Defender, utilizes AI-driven analysis techniques to scan various media formats, detecting alterations and artificial generation. The company also provides tools for content creators to establish honest AI watermarks that can identify AI-generated deepfakes. AI Foundation serves a diverse clientele, including academic institutions, businesses of all sizes, media outlets, social networks, and government entities. Founded in 2017 and headquartered in Las Vegas, with an additional office in San Francisco, the company has formed partnerships with notable organizations such as Google, Microsoft, and the Technical University of Munich. Through its innovative platform, AI Foundation aims to enhance human-AI interaction, facilitating the creation of intelligent agents designed for personal and professional applications.

DoNotPay

Series A in 2020
DoNotPay, Inc. is a technology company that provides a platform for legal information and self-help through its chatbot application. Founded in 2015 and based in San Francisco, California, DoNotPay assists users in navigating various legal matters, including filing lawsuits, claiming awards, and contesting bureaucratic issues. The application is available to residents in the United States, Puerto Rico, and the United Kingdom, and it offers services such as appealing parking tickets, disputing bank fees, and helping users claim asylum in the U.S., U.K., and Canada at no cost. By leveraging artificial intelligence, DoNotPay aims to democratize access to legal resources and empower individuals to resolve small claims and other judicial matters efficiently.

DoNotPay

Seed Round in 2019
DoNotPay, Inc. is a technology company that provides a platform for legal information and self-help through its chatbot application. Founded in 2015 and based in San Francisco, California, DoNotPay assists users in navigating various legal matters, including filing lawsuits, claiming awards, and contesting bureaucratic issues. The application is available to residents in the United States, Puerto Rico, and the United Kingdom, and it offers services such as appealing parking tickets, disputing bank fees, and helping users claim asylum in the U.S., U.K., and Canada at no cost. By leveraging artificial intelligence, DoNotPay aims to democratize access to legal resources and empower individuals to resolve small claims and other judicial matters efficiently.

Affirm

Series F in 2019
Affirm is a financial technology company that offers installment loans to consumers at the point of sale, allowing them to make purchases from online merchants and pay for them in fixed monthly installments. Founded in 2012 and headquartered in San Francisco, with an additional office in Chicago, Affirm aims to provide transparent financial products that empower consumers and enhance their buying experience. Customers can select Affirm as a payment method at checkout, complete a real-time application, and choose a payment plan that aligns with their budget. The service stands out by offering upfront pricing with no hidden fees or compounding interest, unlike traditional credit options. Affirm partners with over 2,000 merchants across various sectors, including retail, travel, and electronics, to provide consumers with a flexible alternative to credit cards. Loans are facilitated through a partnership with Cross River Bank, ensuring a reliable financing option for users.

Flock Safety

Series A in 2018
Flock Safety is a crime-fighting technology company that specializes in developing wireless security systems for neighborhoods, law enforcement, and municipalities. Founded in 2017 and based in Atlanta, Georgia, the company designs outdoor cameras equipped with machine-learning algorithms to automatically capture images and record the license plates of vehicles passing through monitored areas. This technology not only aids local police by providing essential data when crimes occur but also proactively alerts officers when stolen vehicles enter a neighborhood. By enabling residents to share critical information with law enforcement, Flock Safety enhances community safety and assists in crime prevention efforts.

People Data Labs

Series A in 2018
People Data Labs is a technology company that focuses on providing a comprehensive platform for enterprises to manage and utilize people data effectively. The platform offers APIs and access to over one billion clean person records, enabling organizations to enhance their data analytics capabilities. It serves various functions, including enriching person profiles, standardizing existing data, and improving searchability across multiple applications such as sales and marketing, investment research, fraud detection, and talent acquisition. By acting as a data partner for data science and engineering teams, People Data Labs supports the development of innovative, data-driven products and services at scale.

AI Foundation

Series A in 2018
AI Foundation specializes in developing artificial intelligence software solutions aimed at identifying malicious online content. Its flagship product, Reality Defender, utilizes AI-driven analysis techniques to scan various media formats, detecting alterations and artificial generation. The company also provides tools for content creators to establish honest AI watermarks that can identify AI-generated deepfakes. AI Foundation serves a diverse clientele, including academic institutions, businesses of all sizes, media outlets, social networks, and government entities. Founded in 2017 and headquartered in Las Vegas, with an additional office in San Francisco, the company has formed partnerships with notable organizations such as Google, Microsoft, and the Technical University of Munich. Through its innovative platform, AI Foundation aims to enhance human-AI interaction, facilitating the creation of intelligent agents designed for personal and professional applications.

Affirm

Series E in 2017
Affirm is a financial technology company that offers installment loans to consumers at the point of sale, allowing them to make purchases from online merchants and pay for them in fixed monthly installments. Founded in 2012 and headquartered in San Francisco, with an additional office in Chicago, Affirm aims to provide transparent financial products that empower consumers and enhance their buying experience. Customers can select Affirm as a payment method at checkout, complete a real-time application, and choose a payment plan that aligns with their budget. The service stands out by offering upfront pricing with no hidden fees or compounding interest, unlike traditional credit options. Affirm partners with over 2,000 merchants across various sectors, including retail, travel, and electronics, to provide consumers with a flexible alternative to credit cards. Loans are facilitated through a partnership with Cross River Bank, ensuring a reliable financing option for users.

Affirm

Series D in 2016
Affirm is a financial technology company that offers installment loans to consumers at the point of sale, allowing them to make purchases from online merchants and pay for them in fixed monthly installments. Founded in 2012 and headquartered in San Francisco, with an additional office in Chicago, Affirm aims to provide transparent financial products that empower consumers and enhance their buying experience. Customers can select Affirm as a payment method at checkout, complete a real-time application, and choose a payment plan that aligns with their budget. The service stands out by offering upfront pricing with no hidden fees or compounding interest, unlike traditional credit options. Affirm partners with over 2,000 merchants across various sectors, including retail, travel, and electronics, to provide consumers with a flexible alternative to credit cards. Loans are facilitated through a partnership with Cross River Bank, ensuring a reliable financing option for users.

Stripe

Series C in 2014
Stripe, Inc. is a global technology company that provides application programming interfaces (APIs) and tools designed to facilitate online payment processing for businesses. Its comprehensive platform includes solutions for payments, subscriptions, fraud detection, and data analytics, among others. Stripe's offerings, such as Stripe Connect for routing payments, Stripe Radar for fraud prevention, and Stripe Checkout for seamless transaction processes, cater to a diverse clientele ranging from startups to established enterprises. The company also addresses financing challenges faced by online businesses through Stripe Capital, which offers fast and flexible funding options. With operations in multiple countries, including the United States, the United Kingdom, and Singapore, Stripe aims to simplify financial infrastructure and support the growth of internet-based businesses, thereby contributing to the overall economic landscape of the digital economy. Founded in 2010 and headquartered in San Francisco, California, Stripe has established partnerships with leading technology firms to enhance its service capabilities.

Stripe

Series C in 2014
Stripe, Inc. is a global technology company that provides application programming interfaces (APIs) and tools designed to facilitate online payment processing for businesses. Its comprehensive platform includes solutions for payments, subscriptions, fraud detection, and data analytics, among others. Stripe's offerings, such as Stripe Connect for routing payments, Stripe Radar for fraud prevention, and Stripe Checkout for seamless transaction processes, cater to a diverse clientele ranging from startups to established enterprises. The company also addresses financing challenges faced by online businesses through Stripe Capital, which offers fast and flexible funding options. With operations in multiple countries, including the United States, the United Kingdom, and Singapore, Stripe aims to simplify financial infrastructure and support the growth of internet-based businesses, thereby contributing to the overall economic landscape of the digital economy. Founded in 2010 and headquartered in San Francisco, California, Stripe has established partnerships with leading technology firms to enhance its service capabilities.

Zest AI

Series C in 2013
Zest AI makes the power of machine learning safe to use in credit underwriting. The Zest Model Management System enables lenders to analyze vast amounts of credit data to help increase approval rates and reduce the risk of faulty credit decisions. The platform also provides the ability to explain data modeling results to measure business impact and help comply with regulatory requirements. Lenders using Zest AI software make better decisions and better loans—increasing revenue, reducing risk, and automating compliance. Zest AI was founded in 2009 with the mission of making fair and transparent credit available to everyone. Learn more at http://www.zest.ai.

Stripe

Series B in 2012
Stripe, Inc. is a global technology company that provides application programming interfaces (APIs) and tools designed to facilitate online payment processing for businesses. Its comprehensive platform includes solutions for payments, subscriptions, fraud detection, and data analytics, among others. Stripe's offerings, such as Stripe Connect for routing payments, Stripe Radar for fraud prevention, and Stripe Checkout for seamless transaction processes, cater to a diverse clientele ranging from startups to established enterprises. The company also addresses financing challenges faced by online businesses through Stripe Capital, which offers fast and flexible funding options. With operations in multiple countries, including the United States, the United Kingdom, and Singapore, Stripe aims to simplify financial infrastructure and support the growth of internet-based businesses, thereby contributing to the overall economic landscape of the digital economy. Founded in 2010 and headquartered in San Francisco, California, Stripe has established partnerships with leading technology firms to enhance its service capabilities.

Prior Knowledge

Seed Round in 2012
Prior Knowledge makes insight and predictions as easy as using a database, by building infer-structure -- infrastructure for inference. Veritable, their predictive database, goes beyond traditional big data analytics by learning the deep structure of data and generating predictions that reflect all of these relationships. The complex probabilistic models behind PK’s infer-structure grew out of many years of research at MIT. Prior Knowledge continues to advance the state-of-the-art in probabilistic inference in order to tackle the size and complexity of modern datasets, and to let regular developers exploit these advances. Prior Knowledge is backed by Founders Fund and independent angel investors.

BillGuard

Series B in 2011
BillGuard, Inc. is a personal finance company that specializes in developing a mobile application designed to enhance users' financial security and management. The app, available on both iOS and Android platforms, allows users to track their spending, monitor their credit for fraudulent activities, and receive alerts regarding potential identity theft. Key features include detailed spend analytics, credit score access, transaction maps, and alerts for data breaches. BillGuard utilizes a combination of crowdsourced feedback, data from regulatory bodies, and proprietary algorithms to highlight suspicious charges and transactions, ensuring users remain informed about their financial health. Founded in 2009 and initially known as CrowdSpot, the company was rebranded in 2010. It was later acquired by Prosper Marketplace in October 2015, solidifying its position in the personal finance sector.

Rapleaf

Venture Round in 2011
Rapleaf, a division of TowerData, specializes in providing comprehensive data on a significant portion of U.S. email addresses, enabling marketers to better understand their customer base. By offering insights into customer identities and alternative contact channels, Rapleaf assists brands in effectively segmenting their subscribers and personalizing content. This functionality enhances customer engagement by fostering more relevant interactions and improving overall satisfaction. Through its email intelligence services, Rapleaf plays a crucial role in helping businesses optimize their marketing strategies and maintain strong relationships with their customers.

Rapleaf

Series B in 2007
Rapleaf, a division of TowerData, specializes in providing comprehensive data on a significant portion of U.S. email addresses, enabling marketers to better understand their customer base. By offering insights into customer identities and alternative contact channels, Rapleaf assists brands in effectively segmenting their subscribers and personalizing content. This functionality enhances customer engagement by fostering more relevant interactions and improving overall satisfaction. Through its email intelligence services, Rapleaf plays a crucial role in helping businesses optimize their marketing strategies and maintain strong relationships with their customers.

Rapleaf

Series A in 2006
Rapleaf, a division of TowerData, specializes in providing comprehensive data on a significant portion of U.S. email addresses, enabling marketers to better understand their customer base. By offering insights into customer identities and alternative contact channels, Rapleaf assists brands in effectively segmenting their subscribers and personalizing content. This functionality enhances customer engagement by fostering more relevant interactions and improving overall satisfaction. Through its email intelligence services, Rapleaf plays a crucial role in helping businesses optimize their marketing strategies and maintain strong relationships with their customers.
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