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

Jeffrey Lonsdale

Managing Director, Asia

John Luttig

Partner

Amin Mirzadegan

Partner

Scott Nolan

Partner

Keith Rabois

Partner

Neil Ruthven

CFO

Brian Singerman

Partner

Napoleon Ta

Partner

Peter Thiel

Managing Partner

Matias Van Thienen

Partner

Past deals in Oil and Gas

Crusoe Energy Systems

Series D in 2024
Crusoe Energy Systems Inc., based in Denver, Colorado, develops innovative technology and solutions aimed at addressing operational, environmental, and regulatory challenges in the oil and gas sector. Founded in 2018, the company specializes in its Digital Flare Mitigation solution, which allows upstream operators without pipeline access to convert wasted natural gas into electricity for energy-intensive computing. This service not only helps oil and gas producers reduce routine flaring of natural gas but also assists them in achieving regulatory compliance and maintaining production levels amid increasing regulations and pipeline constraints. Crusoe Energy Systems is committed to creating solutions that benefit the environment, local communities, and energy producers alike.

Gecko Robotics

Series C in 2023
Founded in 2013, Gecko Robotics specializes in industrial inspection services using robotics and AI-powered data platforms. Serving power, oil & gas, pulp & paper industries, they provide real-time insights for efficient operations and infrastructure maintenance.

Gecko Robotics

Series C in 2022
Founded in 2013, Gecko Robotics specializes in industrial inspection services using robotics and AI-powered data platforms. Serving power, oil & gas, pulp & paper industries, they provide real-time insights for efficient operations and infrastructure maintenance.

Workrise

Series E in 2021
Workrise is a technology company that offers a platform to support the energy workforce by connecting businesses with qualified field workers and related vendors. The platform covers sourcing to payments, enabling vendor management, communication, collaboration, and resource sharing to streamline field operations in the energy industry and improve efficiency by facilitating access to a broader range of services.

Crusoe Energy Systems

Series B in 2021
Crusoe Energy Systems Inc., based in Denver, Colorado, develops innovative technology and solutions aimed at addressing operational, environmental, and regulatory challenges in the oil and gas sector. Founded in 2018, the company specializes in its Digital Flare Mitigation solution, which allows upstream operators without pipeline access to convert wasted natural gas into electricity for energy-intensive computing. This service not only helps oil and gas producers reduce routine flaring of natural gas but also assists them in achieving regulatory compliance and maintaining production levels amid increasing regulations and pipeline constraints. Crusoe Energy Systems is committed to creating solutions that benefit the environment, local communities, and energy producers alike.

Gecko Robotics

Series B in 2019
Founded in 2013, Gecko Robotics specializes in industrial inspection services using robotics and AI-powered data platforms. Serving power, oil & gas, pulp & paper industries, they provide real-time insights for efficient operations and infrastructure maintenance.

Crusoe Energy Systems

Venture Round in 2019
Crusoe Energy Systems Inc., based in Denver, Colorado, develops innovative technology and solutions aimed at addressing operational, environmental, and regulatory challenges in the oil and gas sector. Founded in 2018, the company specializes in its Digital Flare Mitigation solution, which allows upstream operators without pipeline access to convert wasted natural gas into electricity for energy-intensive computing. This service not only helps oil and gas producers reduce routine flaring of natural gas but also assists them in achieving regulatory compliance and maintaining production levels amid increasing regulations and pipeline constraints. Crusoe Energy Systems is committed to creating solutions that benefit the environment, local communities, and energy producers alike.

Workrise

Series D in 2019
Workrise is a technology company that offers a platform to support the energy workforce by connecting businesses with qualified field workers and related vendors. The platform covers sourcing to payments, enabling vendor management, communication, collaboration, and resource sharing to streamline field operations in the energy industry and improve efficiency by facilitating access to a broader range of services.

Workrise

Series C in 2019
Workrise is a technology company that offers a platform to support the energy workforce by connecting businesses with qualified field workers and related vendors. The platform covers sourcing to payments, enabling vendor management, communication, collaboration, and resource sharing to streamline field operations in the energy industry and improve efficiency by facilitating access to a broader range of services.

Gecko Robotics

Series A in 2018
Founded in 2013, Gecko Robotics specializes in industrial inspection services using robotics and AI-powered data platforms. Serving power, oil & gas, pulp & paper industries, they provide real-time insights for efficient operations and infrastructure maintenance.

Workrise

Series B in 2018
Workrise is a technology company that offers a platform to support the energy workforce by connecting businesses with qualified field workers and related vendors. The platform covers sourcing to payments, enabling vendor management, communication, collaboration, and resource sharing to streamline field operations in the energy industry and improve efficiency by facilitating access to a broader range of services.

Workrise

Series A in 2016
Workrise is a technology company that offers a platform to support the energy workforce by connecting businesses with qualified field workers and related vendors. The platform covers sourcing to payments, enabling vendor management, communication, collaboration, and resource sharing to streamline field operations in the energy industry and improve efficiency by facilitating access to a broader range of services.

RunTitle

Series A in 2015
RunTitle, Inc. is a platform specializing in mineral ownership information, providing a comprehensive online database that caters to the needs of oil and gas professionals. Founded in 2011 and based in Austin, Texas, RunTitle offers services such as mineral ownership reports, chains of title, title opinions, and associated court documents. Its database is recognized as the largest of its kind in the United States, enabling users to access and purchase precise mineral ownership data necessary for informed decision-making in land acquisitions. The platform facilitates transactions at both individual tract levels and larger scale acquisitions by allowing users to request information for entire townships, counties, or states. By streamlining the diligence process, RunTitle enhances the efficiency and accuracy required in oil and gas transactions.

Workrise

Seed Round in 2014
Workrise is a technology company that offers a platform to support the energy workforce by connecting businesses with qualified field workers and related vendors. The platform covers sourcing to payments, enabling vendor management, communication, collaboration, and resource sharing to streamline field operations in the energy industry and improve efficiency by facilitating access to a broader range of services.
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