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

Find your way into Foundation

545 people in our graph share verified history with the Foundation team — schools, employers, funds. One of them is your warm intro.

Hsu Han Ooiunlockedknows Kayvon Tehranian · together at Foundation (overlapped)

×11knows the team · via McKinsey & Company

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.

Competitors · 6

by search overlap

Artsy52 shared keywordsArtsy is a global online art marketplace that connects collectors with artists, galleries, and auction houses. The platform offers discovery, curation, and transaction tools for buying and selling original artworks across contemporary and modern art categories.

OpenSea42 shared keywordsCourtyard.io is a marketplace and tokenization service that enables users to own and trade physical collectible cards on the blockchain, with options to store them vaulted, sell them, or redeem the NFT for physical delivery.

Crypto25 shared keywordsCrypto.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.

Coinbase22 shared keywordsCoinbase 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.

The Ethereum Foundation22 shared keywordsethereum.org is a public, open-source educational resource and community portal for the Ethereum blockchain network, maintained by a core team and thousands of global contributors. The site serves as an onboarding portal and knowledge hub for developers, users, and those new to Ethereum and cryptocurrency.

SuperRare21 shared keywordsSuperRare 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 competing with Foundation for the same Google search keywords, organic and paid, via search-intersection analysis.

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.