Who founded Foundation?

Foundation was founded by Kayvon Tehranian in 2020.

Who are Foundation's investors?

Foundation's investors include a16z crypto, Andreessen Horowitz, Designer Fund, Draft Ventures Llc, Justin “3LAU” Blau, Standard Crypto.

How much funding has Foundation raised?

Foundation has disclosed $8.2M raised across 2 rounds.

Where is Foundation headquartered?

Foundation is headquartered in Santa Monica, US.

Foundation

Santa Monica, US · Founded 2020 · 6 known investors

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Foundation was a non-custodial platform for NFT trading and creator monetization. The platform is now offline and will not resume operations.

Creator Economy Crypto & Web3

Founders & leadership

Foundation was founded in 2020 by Kayvon Tehranian.

Kayvon Tehranian Founder & CEO2020–2026He previously served as Head of Product and a senior software engineer at Dharma Labs, and was CTO of Universe. Earlier in his career he spent five years at Google and worked as a business analyst at McKinsey & Company; he is also a venture partner at Variant.

Elpizo Choi Co-Founder, CTO2020–2026He was a senior software engineer at Harbor and Uber, and co-founded Weave Networking as its CTO. Earlier he was a software engineer and later director of engineering at Cut.com, following a stint at CityGrid Media, and he is a co-founder and partner at Iterative.

Matthew Vernon CDOHe co-founded Foundation Labs and served as its Chief Design Officer, having previously been Lead Product Designer at Dharma. His earlier work includes founding the design studio Internetworld and product design roles at Present Company and Honcho.

Investors · 6

a16z cryptolisted by a16z cryptoMenlo Park

How we know: a16z crypto's portfolio page · the VCSheet dataset · Not right? Tell us

Andreessen Horowitzlisted by Andreessen HorowitzMenlo Park · $500K – $50M

How we know: a16z's portfolio · Not right? Tell us

Designer Fundlisted by Designer FundSan Francisco · $100K – $1M

Draft Ventures Llclisted by Draft Ventures LlcSan Francisco

How we know: Draft Ventures Llc's portfolio page · Not right? Tell us

Justin “3LAU” Blaulisted by Justin “3LAU” Blau

Standard Cryptolisted by Standard Crypto

How we know: the VCSheet dataset · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$8.2M disclosed across 2 rounds · 2020–2021

▶$8MraisedAug 2021 · 24 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Kayvon TehranianExecutive Officer, Director

Offering amount: $8M
Amount sold: $8M
First sale: Mar 2021
Incorporated: Corporation, Delaware, 2020
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$200KraisedFeb 2021 · 11 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Kayvon TehranianExecutive Officer, Director

Offering amount: $200K
Amount sold: $200K
First sale: Mar 2020
Incorporated: Corporation, Delaware, 2020
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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CryptoCrypto.com operates a cryptocurrency exchange and digital asset platform serving 150 million users across 90 countries, with a mission to accelerate global adoption of cryptocurrency.

CoinbaseCoinbase is a cryptocurrency exchange platform that offers trading, custody, and financial services for cryptocurrencies, stocks, derivatives, and prediction markets to consumers, institutions, and developers. The company operates a full-stack infrastructure including secure custody, liquidity services, stablecoin infrastructure, and global settlement rails.

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SuperRareSuperRare is a marketplace for buying, selling, and collecting digital artworks as NFTs, where artists release unique pieces and limited editions. It serves digital artists and collectors, with transactions denominated in cryptocurrency such as ETH.

Companies working in the same space as Foundation.

Frequently asked questions

What does Foundation do?: Foundation was a non-custodial platform for NFT trading and creator monetization. The platform is now offline and will not resume operations.
Who founded Foundation?: Foundation was founded by Kayvon Tehranian in 2020.
Who are Foundation's investors?: Foundation's investors include a16z crypto, Andreessen Horowitz, Designer Fund, Draft Ventures Llc, Justin “3LAU” Blau, Standard Crypto.
How much funding has Foundation raised?: Foundation has disclosed $8.2M raised across 2 rounds.
Where is Foundation headquartered?: Foundation is headquartered in Santa Monica, US.