This articleneeds additional citations forverification. Please helpimprove this article byadding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Foundation Capital" – news ·newspapers ·books ·scholar ·JSTOR(January 2018) (Learn how and when to remove this message) |
![]() | |
Company type | Private |
---|---|
Industry | Venture capital |
Founded | October 1995; 29 years ago (1995-10) |
Founder |
|
Headquarters | , United States |
Number of employees | ~ 30 worldwide |
Website | www.foundationcap.com |
Foundation Capital is aventure capital firm located inSilicon 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 ofNetflix'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 offintech, 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 includingSolana, Turing, Eightfold,Cerebras and Jasper.[5] In 2024, it raised its eleventh fund, with $600 million.[4]