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| Company type | Private |
|---|---|
| Industry | Investments |
| Founded | 2012 |
| Headquarters | , |
Key people |
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| Products | Venture capital, private equity secondary market |
| Website | founderscircle |
Founders Circle Capital is an American growth capital firm based in the San Francisco Bay Area. [1] Founders Circle Capital invests in private companies and specializes in growth stage investments providing preferred stock and common stock (sometimes referred to as employee liquidity or direct secondaries) purchases, institutional liquidity and other unique structures to founders and long-term employees.
The company has also developed a private executive leadership community called The Circle for growth stage CFOs and CEOs to share professional development knowledge and resources with their peers.
Founders Circle Capital was founded in 2012 by Ken Loveless, [2] a former managing director of SVB Capital, and Mike Jung, previously a JPMorgan Partners Principal. In February 2014, the firm closed its first $195 million venture capital fund, FCC Fund I. [3] In July 2016, the firm began investing from its second $208 million fund. [4] By January 2021, the firm closed on FCC Fund III, a $355 million fund. [5] The three funds bring the firm's assets under management to $1 billion. [6]
Founders Circle has invested in over 40 companies since 2012, amongst others: Adaptive Insights, [7] Anaplan, Carbon Black,DocuSign, [8] Elemental, Kabam, Twilio [9] Pinterest, and Ticketfly. Founders Circle Capital has invested in more than 73 startups, of which 13 have gone public and 19 have been acquired. [10]
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