Foundation Capital
Venture capitalActively deployingSan Francisco · Pre-Seed–Growth · 19 people tracked
Also known as FOUNDATION CAPITAL MANAGEMENT, LLC · Foundation Capital Principals · FOUNDATION CAPITAL, LLC
Investment thesis
Foundation Capital treats 'early' as a way of working rather than just a funding stage, committing to founders when a company is still just an idea and a determined founder. The firm frequently serves as a company's first investor, and a large share of its investments are made pre-revenue. It emphasizes long-term commitment and conviction, backing founders building for a future before consensus forms. Its focus areas include AI, enterprise, crypto, and fintech, with portfolio companies spanning AI agents, enterprise software, semiconductors for AI, and blockchain infrastructure.
Source: firm website, verified Aug 7, 2026.
Team · 19 people
from the firm's website & public directories
What they invest in
from 58 of 89 portfolio companiesAI & Machine Learning ×29Enterprise Software ×27SaaS ×17Data & Infrastructure ×13Developer Tools ×10Fintech ×10Cybersecurity ×6Consumer ×5
HQs:United States×43Mexico×3Germany×1United Kingdom×1
Investments · 89 tracked
founders shown can be your intro pathCerebras designs and manufactures wafer-scale AI processors and systems for data centers, enabling high-speed AI training and inference workloads.
AI & Machine LearningDeep TechHardwareSemiconductors
Andrew Feldman(Co-founder & CEO)Gary LauterbachMichael JamesSean LieJean-Philippe Fricker
Residential solar company founded by Lynn Jurich.
dltHub builds an open-source Python library and AI-native platform for data ingestion and engineering, providing transparent primitives for schema inference, normalization, and incremental loading designed for the LLM era.
AI & Machine LearningData & InfrastructureDeveloper ToolsBerlin, DE
Marcin Rudolf(Director)Anna Hoffman(Executive Officer, Director)Matthaus Krzykowski(Executive Officer, Director)Lauri Moore(Director)Melissa Lester(Director)
BoardSteve Vassallo(Director)
LEEO provides commercial auto insurance underwriting using telematics, AI, and data science for fleets and small businesses.
AI & Machine LearningInsurTech
Momento is a Mexican auto insurance company offering customizable car and motorcycle policies with flexible payment options and digital-first customer service.
AI & Machine LearningFintechInsurTechMexico City, MX
Lois Rogel Vence(Founder)inLeón Bartolomé Carreño(Founder)inAndrés Guerrero Álvarez(Founder)in
New York, US
David George(Director)Stuart Sopp(Executive Officer, Director)Angus Davis(Director)
BoardNigel Morris(Director)Frank Rotman(Director)
Board seatCharles Moldow· per SEC Form D · $97.1M raise · filed Jun 2026
San Francisco, US
Justin David Ramirez(Director)David Boudreau(Director)Shinichiro Inoue(Executive Officer, Director)Barry A. Carr(Executive Officer)Paul Koontz(Director)John Hall(Director)
Board seatSteve VassalloSteve Vassallo· per SEC Form D · $5.4M raise · filed Oct 2022
Claymont, US
Rifat Mert Mumtaz(Executive Officer, Director)Liam Vovk(Executive Officer, Director)
BoardCraig Burel(Director)
Board seatSteve Vassallo· per SEC Form D · $21.7M raise · filed Dec 2024
San Francisco, US
Alexander Greenberg(Executive Officer, Director)Pierre-Damien Vaujour(Director)Antoine Bellon de Chassy(Executive Officer, Director)
Board seatSteve Vassallo· per SEC Form D · $141.4M raise · filed Nov 2021
San Francisco, US
Derek Steer(Executive Officer, Director)Bennett Stancil(Executive Officer)Kevin Brown(Director)Steven Vassallo(Director)Joshua Ferguson(Executive Officer, Director)
Board seatSteve Vassallo· per SEC Form D · $33M raise · filed Aug 2020
OnePay is a financial technology app that provides banking services including savings, earning options, and card management to consumer users.
FintechSacramento, US
Cory Ruell(Executive Officer)Brian Hamilton(Executive Officer, Director, Promoter)Sarah Elliott(Executive Officer)Jay Shah(Director)Arjan Schutte(Director)Barbara Yastine(Director)
Board seatCharles Moldow· per SEC Form D · $39.7M raise · filed Dec 2021
San Francisco, US
Noaman Ahmad(Executive Officer)Matt Zames(Director)Richard Greiwe(Director)Maxwell Simkoff(Executive Officer, Director)Jefferson Howeth(Executive Officer)Charles Moldow(Director)
Board seatCharles Moldow· per SEC Form D · $240M raise · filed Jan 2019
AEGIS AI provides autonomous AI-driven red teaming and phishing simulations for enterprise security teams.
AI & Machine LearningCybersecurityEnterprise Software
Cy(Founder & CEO)Ryan Luo(CTO)
Alation builds a data catalog platform with machine learning and generative AI capabilities that helps enterprises find, understand, and trust their data.
AI & Machine LearningData & InfrastructureEnterprise SoftwareRedwood City, US
Satyen Sangani(Founder)Dr. Venky Ganti(Founder)Dr. Feng Niu(Founder)Aaron Kalb(Founder)
Seattle, US
Derek Slager(Executive Officer, Director, Promoter)Rajeev Singh(Director)Kelly Wright(Director)Amy Pelly(Executive Officer)Kabir Shahani(Executive Officer, Director, Promoter)
BoardMatt McIlwain(Director)
Anyscale provides a platform for building and deploying machine learning and AI applications at scale, enabling developers to run applications from laptops to data centers without managing underlying infrastructure.
AI & Machine LearningCloud ComputingData & InfrastructureDeveloper ToolsSan Francisco, US
Robert Nishihara(Executive Officer, Director)Ben Horowitz(Director)Philipp Moritz(Executive Officer, Director)Ion Stoica(Executive Officer, Director)
Arize provides observability and evaluation tools for AI systems and large language models, enabling development teams to monitor, debug, and improve AI agents in production.
AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise Software
APARNA DHINKARAN(Director)DHARMESH THAKKER(Director)Brett Wilson(Director)Jason Lopatecki(President, Chief Executive Officer, Treasurer, and Secretary)MORGAN GERLAK(Director)Ashu Garg(Director)
Arthena operates a financial fund that enables high-net-worth individuals to invest in art by using statistical models trained on auction data to identify and purchase artworks expected to appreciate with low correlation to traditional asset classes.
FintechNew York City, US
Madelaine D'Angelo(Founder/CEO)inMichael DAngelo(Co-Founder & CTO)in
Bolt Threads was a manufacturer of biomaterials for personal care formulations.
BiotechNew MaterialsFoxboro, US
Jerry Fiddler(Director)Ethan Mirsky(Executive Officer)David Breslauer(Executive Officer, Director)Steven Vassallo(Director)Jim Kim(Director)Daniel Widmaier(Executive Officer, Director)
CaptivateIQ provides a modern platform for automating commission and compensation management, helping companies align incentives with revenue outcomes.
AI & Machine LearningEnterprise SoftwareFintechSaaSSales TechSan Francisco, US
Mark Schopmeyer(Founder/CEO)inHubert Wong(Founder/CTO)inConway Teng(Founder)in
Enables companies of all sizes to simplify how they manage data with their intelligent data platform.
An insurance brokerage offering personalized policy solutions for small businesses across multiple sectors including healthcare providers, attorneys, dentists, and nonprofits.
InsurTechNew York, US
Inaki Berenguer(Executive Officer, Director)
BoardCharles Moldow(Director)John Buttrick(Director)
Custora provides segmentation and predictive analytics software that helps e-commerce retailers identify and market to individual customers through integrations with email, display advertising, and audience platforms like Facebook and Google.
Data & InfrastructureE-commerceEnterprise SoftwareNew York City, US
Corey Pierson(Founder)inJon Pospischil(Founder)inBo Peabody(Director)Tom Ebling(Director)
BoardAshu Garg(Director)
Easol is a commerce platform designed for experience creators to manage and monetize their experience businesses.
B2B MarketplacesCreator EconomyE-commerceEnterprise SoftwareSaaSLondon, GB
Ben Simpson(Founder/CEO)inLisa Simpson(Founder/Chief Creative Officer)inMichael Zeisser(Director)
BoardChris Tottman(Director)
Eloquent AI builds an enterprise AI platform that automates customer operations and agent tasks for regulated industries like banking, insurance, and fintech.
AI & Machine LearningEnterprise SoftwareFintechSan Francisco, US
Maximor provides AI agents that automate financial close processes and accounting work for enterprise finance teams, running continuously on top of existing ERPs to reduce close cycles from weeks to days while maintaining audit readiness.
AI & Machine LearningEnterprise SoftwareFintech
Glean provides an AI-powered workplace search and knowledge management platform that connects company data across documents, messages, tickets, and systems to help teams access information and complete work.
AI & Machine LearningEnterprise SoftwareSaaS<UNKNOWN>
Arvind Jain(Founder & CEO)inVishwanath T R(Co-founder and CTO)inTony Gentilcore(Co-founder, Engineering)in
Gusto provides payroll processing, employee benefits administration, and HR management tools to businesses, offering integrated software alongside support services for these functions.
Enterprise SoftwareHR TechSan Francisco, US
Josh Reeves(Founder/CEO)inEdward Kim(Founder/Empowering Gusto's Engineering Team)inTomer London(Founder/; Empowering Gusto's Product and Design Teams)in
San Francisco, US
Vinayak Ramesh(Executive Officer, Director, Promoter)Ashu Garg(Director)Devavrat Shah(Director, Promoter)Sandesh Patnam(Director)
Infield provides software to automate the management and upgrading of open source packages within applications, helping development teams reduce security vulnerabilities and dependency risks.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaSNew York City, US
Allison Pike(Founder)inSteve Pike(Founder)inLauri Moore(Director)Andrew Lenehan(Director)
Inspectify provides property inspection, valuation, and underwriting services through a nationwide platform, serving real estate operators, lenders, insurers, and property managers across the property lifecycle.
Data & InfrastructureEnterprise SoftwareMarketplacesPropTechSaaSSeattle, US
Josh Jensen(Founder)inDenis Bellavance(Founder)in
BoardKurt Ramirez(Director)Matthew McElhattan(Director)
MobileIron develops a mobile-centric, zero trust platform for unified endpoint management (UEM) that controls access to business resources.
CybersecurityDeveloper ToolsEnterprise Software
Ajay Mishra(Co-founder)Suresh Batchu(Co-founder)
Kik is a messaging and community platform that enables users to discover public groups, watch live streams, and make one-to-one connections.
Creator EconomySocial
Localytics is an AI implementation firm that builds, integrates, and operates marketing AI systems for enterprise consumer brands.
AI & Machine LearningEnterprise SoftwareMarketing TechSaaSBoston, US
John Dobrowolski(CEO)inDerick Thompson(VP of Operations)inJuan Yrigoyen(Head of Product)inJoey Rahman(Head of Engineering)Carl Jones(CTO)
vCluster platform making Kubernetes more efficient; closed a $24M Series A led by Khosla Ventures.
San Francisco, US
Lukas Gentele(Executive Officer, Director)Fabian Kramm(Director)Lu Zhang(Director)
Nowports is a digital freight forwarder that simplifies international trade in Latin America by offering air, sea, land, and multimodal cargo transportation alongside financing, insurance, and centralized logistics management through a single platform.
B2B MarketplacesEnterprise SoftwareFintechLogistics & Supply ChainMexico City, MX
Alfonso de los Rios Villareal(Founder/CEO)inMaximiliano Casal(Founder)inAlfonso de los Rios(Cofounder)
Oasis Labs develops privacy-preserving data analytics and AI tools using differential privacy, homomorphic encryption, and zero-knowledge proofs for organizations that need to analyze sensitive data while protecting individual privacy.
AI & Machine LearningCybersecurityData & InfrastructurePalo Alto, US
Dawn Song(Founder & CEO)Robert Gilchrist Jaros(Executive Officer)
Outerbounds builds a full-stack platform for machine learning and data science, comprising the open-source Metaflow framework and enterprise-grade infrastructure to help data scientists and engineers design, develop, and deploy ML and data science applications.
AI & Machine LearningData & InfrastructureDeveloper ToolsLogistics & Supply Chain
Marketplace for hourly venue rentals for meetings, productions, and events
San Francisco, US
Paul Holland(Director)George Chammas(Director)Raymond Chammas(Executive Officer, Director)
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Frequently asked questions
- What stage does Foundation Capital invest at?
- Foundation Capital invests at the Pre-Seed, Seed, Series A, Series B, Growth stages.
- What is Foundation Capital's typical check size?
- Foundation Capital typically writes checks of $250K – $15M.
- What sectors does Foundation Capital focus on?
- Foundation Capital focuses on AI & Machine Learning, Crypto & Web3, Cybersecurity, Data & Infrastructure, Deep Tech, Digital Health, Enterprise Software, Fintech, Healthtech, SaaS, Sector Agnostic, Semiconductors.
- Where is Foundation Capital located?
- Foundation Capital is headquartered in San Francisco, US.
- Does Foundation Capital lead rounds?
- Yes, Foundation Capital leads investment rounds.
Media · Podcasts & interviews
featuring the teamAI Needs to Know Why You took THAT decision | Ashu Garg, Investor at Foundation Capital - YouTube
The Neon Show · Ashu Garg
⚡️Context Graphs: according to the authors — Jaya Gupta, Ashu Garg, Foundation Capital - YouTube
Latent Space · Jaya Gupta
Investor Connect - 471 - Ashu Garg of Foundation Capital - YouTube
Hall Martin · Ashu Garg
Joanne Chen, Foundation Capital GP: Mastering AI-First Enterprise Bets - YouTube
Grace Gong · Joanne Chen
GPT-5 is NOT Your Competitor It's GPT-7 |Ashu Garg, Foundation Capital | Databricks,Turing, Cohesity - YouTube
The Neon Show · Ashu Garg
016: AI is better than Love Island | Ashu Garg and Jaya Gupta (Foundation Capital) - YouTube
Get Paid · Jaya Gupta
Images
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