 | This article needs additional citations for verification .(January 2018) |
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| Company type | Private |
|---|---|
| Industry | Venture capital |
| Founded | October 1995 |
| Founder |
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| Headquarters | , United States |
Number of employees | ~ 30 worldwide |
| Website | www.foundationcap.com |
Foundation Capital is a venture capital firm located in Silicon Valley. The firm was founded in 1995, and in 2012 managed more than $2.4 billion in investment capital. [1] As of 2023, the firm has over $6 billion in assets under management.
Foundation Capital was founded in 1995 [2] and was one of Netflix's original investors. [3]
Foundation Capital has invested in over 400+ companies, with more than 120 exits in the form of acquisitions or initial public offerings. [4] Most of its investments fall under the areas of fintech, enterprise software, and consumer.
In 2013, the firm closed its seventh fund with $282 million and its eighth fund in 2015 with $325 million. [2] In 2019, the firm closed its ninth fund with $350 million in commitments [2] and in 2022, closed its tenth fund with $500 million in commitments after early investments in companies including Solana, Turing, Eightfold, Cerebras and Jasper. [5] In 2024, it raised its eleventh fund, with $600 million. [4]