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 Sales

OpenStore

Series B in 2021
OpenStore is a company that provides instant liquidity services to eCommerce entrepreneurs, facilitating a unified shopping experience for both merchants and customers. By offering access to crucial data, information, and capital, OpenStore enables merchants to concentrate on their core business activities. The company's mission is to enhance the online shopping experience by fostering spontaneous discovery, thereby connecting merchants and customers more effectively. Through its services, OpenStore aims to support eCommerce businesses in achieving greater operational efficiency and financial stability.

Kavak

Series E in 2021
KAVAK is the online platform that offers an exceptional experience of buying and selling used cars in Mexico, with the best prices on the market and without leaving home.

OpenStore

Series A in 2021
OpenStore is a company that provides instant liquidity services to eCommerce entrepreneurs, facilitating a unified shopping experience for both merchants and customers. By offering access to crucial data, information, and capital, OpenStore enables merchants to concentrate on their core business activities. The company's mission is to enhance the online shopping experience by fostering spontaneous discovery, thereby connecting merchants and customers more effectively. Through its services, OpenStore aims to support eCommerce businesses in achieving greater operational efficiency and financial stability.

Faire

Series F in 2021
Faire Wholesale, Inc. operates an online marketplace that connects independent retailers with manufacturers, facilitating the purchase of unique wholesale merchandise. Founded in 2016 and headquartered in San Francisco, California, with an additional office in Kitchener, Canada, Faire streamlines the wholesale process by offering a platform where retailers can browse items, place orders, and track shipments. The marketplace employs artificial intelligence and predictive analytics to help retailers manage inventory effectively and reduce risks associated with unsold products. Faire provides features such as net 60 payment terms and free returns, which support local retailers and independent brands in competing with larger retail chains and e-commerce platforms. The company aims to empower small business owners by delivering technological solutions, data insights, and logistical support to enhance the future of local retail.

Kavak

Series D in 2021
KAVAK is the online platform that offers an exceptional experience of buying and selling used cars in Mexico, with the best prices on the market and without leaving home.

Sundae

Series B in 2020
Sundae operates a home-selling platform designed to assist homeowners in selling houses that are outdated or in need of repairs. The company addresses the challenges faced by sellers in a traditional real estate market, where local investors often exploit homeowner distress to acquire properties at low prices. Sundae aims to provide a better outcome for these sellers by offering competitive off-market prices without the need for cleanup, repairs, or showings. Through a data-driven model, Sundae anticipates when homeowners may require assistance and employs a skilled sales and marketing team to effectively reach them. By prioritizing the needs of sellers and redistributing economic value, Sundae strives to become a leading buyer of homes that require significant attention across the United States.

Faire

Series E in 2020
Faire Wholesale, Inc. operates an online marketplace that connects independent retailers with manufacturers, facilitating the purchase of unique wholesale merchandise. Founded in 2016 and headquartered in San Francisco, California, with an additional office in Kitchener, Canada, Faire streamlines the wholesale process by offering a platform where retailers can browse items, place orders, and track shipments. The marketplace employs artificial intelligence and predictive analytics to help retailers manage inventory effectively and reduce risks associated with unsold products. Faire provides features such as net 60 payment terms and free returns, which support local retailers and independent brands in competing with larger retail chains and e-commerce platforms. The company aims to empower small business owners by delivering technological solutions, data insights, and logistical support to enhance the future of local retail.

Sundae

Series A in 2020
Sundae operates a home-selling platform designed to assist homeowners in selling houses that are outdated or in need of repairs. The company addresses the challenges faced by sellers in a traditional real estate market, where local investors often exploit homeowner distress to acquire properties at low prices. Sundae aims to provide a better outcome for these sellers by offering competitive off-market prices without the need for cleanup, repairs, or showings. Through a data-driven model, Sundae anticipates when homeowners may require assistance and employs a skilled sales and marketing team to effectively reach them. By prioritizing the needs of sellers and redistributing economic value, Sundae strives to become a leading buyer of homes that require significant attention across the United States.

Faire

Series D in 2019
Faire Wholesale, Inc. operates an online marketplace that connects independent retailers with manufacturers, facilitating the purchase of unique wholesale merchandise. Founded in 2016 and headquartered in San Francisco, California, with an additional office in Kitchener, Canada, Faire streamlines the wholesale process by offering a platform where retailers can browse items, place orders, and track shipments. The marketplace employs artificial intelligence and predictive analytics to help retailers manage inventory effectively and reduce risks associated with unsold products. Faire provides features such as net 60 payment terms and free returns, which support local retailers and independent brands in competing with larger retail chains and e-commerce platforms. The company aims to empower small business owners by delivering technological solutions, data insights, and logistical support to enhance the future of local retail.

Sundae

Seed Round in 2019
Sundae operates a home-selling platform designed to assist homeowners in selling houses that are outdated or in need of repairs. The company addresses the challenges faced by sellers in a traditional real estate market, where local investors often exploit homeowner distress to acquire properties at low prices. Sundae aims to provide a better outcome for these sellers by offering competitive off-market prices without the need for cleanup, repairs, or showings. Through a data-driven model, Sundae anticipates when homeowners may require assistance and employs a skilled sales and marketing team to effectively reach them. By prioritizing the needs of sellers and redistributing economic value, Sundae strives to become a leading buyer of homes that require significant attention across the United States.

Faire

Series C in 2018
Faire Wholesale, Inc. operates an online marketplace that connects independent retailers with manufacturers, facilitating the purchase of unique wholesale merchandise. Founded in 2016 and headquartered in San Francisco, California, with an additional office in Kitchener, Canada, Faire streamlines the wholesale process by offering a platform where retailers can browse items, place orders, and track shipments. The marketplace employs artificial intelligence and predictive analytics to help retailers manage inventory effectively and reduce risks associated with unsold products. Faire provides features such as net 60 payment terms and free returns, which support local retailers and independent brands in competing with larger retail chains and e-commerce platforms. The company aims to empower small business owners by delivering technological solutions, data insights, and logistical support to enhance the future of local retail.

Faire

Series B in 2018
Faire Wholesale, Inc. operates an online marketplace that connects independent retailers with manufacturers, facilitating the purchase of unique wholesale merchandise. Founded in 2016 and headquartered in San Francisco, California, with an additional office in Kitchener, Canada, Faire streamlines the wholesale process by offering a platform where retailers can browse items, place orders, and track shipments. The marketplace employs artificial intelligence and predictive analytics to help retailers manage inventory effectively and reduce risks associated with unsold products. Faire provides features such as net 60 payment terms and free returns, which support local retailers and independent brands in competing with larger retail chains and e-commerce platforms. The company aims to empower small business owners by delivering technological solutions, data insights, and logistical support to enhance the future of local retail.

Sava

Seed Round in 2018
Sava Solutions Inc. retails cannabis topicals, tinctures, edibles, concentrates, and flowers. The company was founded in 2015 and is headquartered in San Francisco, California.

Year & Day

Seed Round in 2018
Year & Day Co. specializes in the manufacture and retail of high-quality crockery and cutlery items. Founded in 2016 and based in San Francisco, California, the company offers a diverse range of products, including various sizes of plates, bowls, mugs, serving dishes, and complete dinner sets. Year & Day also operates an online platform that facilitates the purchase of its products, aiming to simplify the shopping experience for customers seeking durable and stylish table settings designed to withstand the rigors of everyday use.

Price.com

Seed Round in 2017
Price Technologies, Inc. operates an online price comparison marketplace based in San Francisco, California. The platform enables consumers to compare prices across thousands of stores for new, used, refurbished, and generic products with a single click. It features a robust comparison shopping tool backed by an extensive database of one billion products. Additionally, Price.com offers Price Drop Alerts and coupons, positioning itself as a leading savings platform aimed at helping consumers find the best deals available.

OLX

Series C in 2009
OLX is a prominent online classifieds platform that facilitates the buying and selling of a diverse range of goods and services, including electronics, furniture, cars, and household items. Founded in 2006, OLX Group serves over 300 million users monthly through its network of more than 20 consumer brands, including Avito and letgo. The platform is designed to ensure safe and convenient transactions, promoting the reuse of items and contributing to local economies. With an estimated 17 million trades conducted each month, OLX helps individuals and businesses connect, making it easy for them to buy or sell nearly anything. The company operates from over 30 offices worldwide, supported by a team of approximately 6,000 employees.

OLX Brazil

Series B in 2008
OLX Brazil operates an online classifieds platform based in Rio de Janeiro, facilitating a marketplace for buying and selling a wide range of goods, including electronics, furniture, household items, cars, and bikes. The platform promotes a culture of conscious consumption, aiming to simplify transactions for users and enhance their overall experience. By connecting individuals, OLX seeks to foster a sense of community and happiness among Brazilians through the efficient exchange of goods.

OLX

Series B in 2008
OLX is a prominent online classifieds platform that facilitates the buying and selling of a diverse range of goods and services, including electronics, furniture, cars, and household items. Founded in 2006, OLX Group serves over 300 million users monthly through its network of more than 20 consumer brands, including Avito and letgo. The platform is designed to ensure safe and convenient transactions, promoting the reuse of items and contributing to local economies. With an estimated 17 million trades conducted each month, OLX helps individuals and businesses connect, making it easy for them to buy or sell nearly anything. The company operates from over 30 offices worldwide, supported by a team of approximately 6,000 employees.

OLX

Series A in 2007
OLX is a prominent online classifieds platform that facilitates the buying and selling of a diverse range of goods and services, including electronics, furniture, cars, and household items. Founded in 2006, OLX Group serves over 300 million users monthly through its network of more than 20 consumer brands, including Avito and letgo. The platform is designed to ensure safe and convenient transactions, promoting the reuse of items and contributing to local economies. With an estimated 17 million trades conducted each month, OLX helps individuals and businesses connect, making it easy for them to buy or sell nearly anything. The company operates from over 30 offices worldwide, supported by a team of approximately 6,000 employees.
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