Founders Fund

1 Letterman DR. Bldg D
San Francisco, CA 94129


Firm Size

  • Assets Under Management (AUM):$22.3 Billion
  • Number of Funds:35
  • Employees:
  • Firm Type:Venture Capital
  • Focus Areas: Software & Technology
    Energy


Description

Founders Fund LLC is a venture capital firm based in San Francisco, California. Established in 2005, the company focuses on early-stage investments in technology companies with a disruptive potential. The firm primarily invests in the fields of aerospace, artificial intelligence, biotechnology, energy, and other emerging technologies. Founders Fund has made notable investments in companies like SpaceX, Palantir Technologies, Airbnb, and Lyft, among others. Led by prominent entrepreneur and venture capitalist Peter Thiel, Founders Fund stands out for its contrarian approach, embracing unconventional ideas and challenging the status quo. With its expertise and network, the firm aims to support founders in building and scaling innovative companies that will shape the future.

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Jun 17, 2024: NURSE CAPITAL CLOSES DEBUT, FIRST-OF-ITS-KIND VENTURE FUND TO INVEST IN NURSE ENTREPRENEURS
Nurse Capital, a venture capital firm that invests in nurse-led enterprises providing innovative solutions in healthcare, announced today the close of its inaugural $1M Fund. The Nurse Founders Fund will invest in Late Seed and Series A rounds of startups founded and led by Registered Nurses (RNs) who are launching innovative products and services that improve patient health and wellness, safety and treatment approaches.

Jun 06, 2024: Rising Team Raises $8 Million Series A and Introduces Personalized AI Leadership Coach for Building High-Performing Teams
  Rising Team , the industry-leading team performance platform, today announces the completion of its Series A funding of $8 million . The round was led by Zeal Capital Partners alongside previous investors including Peterson Ventures, Roble Ventures, Female Founders Fund, Burst Capital, and Supernode Ventures. This investment allows Rising Team to enhance its team performance platform with AI, hire new team members, and expand its market presence.

May 29, 2024: Aperture Finance Secures Series A Funding at a $250M Fully Diluted Valuation to Build Intent-based Architecture for DeFi
Aperture Finance , a decentralized finance (DeFi) platform pioneering AI-powered intents, has raised a Series A funding round, bringing the total across all rounds to $12 million and valuing the project at $250 million . The round was led by top-tier venture capital firms including Skyland Ventures, Blockchain Founders Fund, and Krypital Group, with participation from notable investors like Alchemy, SNZ, Stratified Capital, Tide, Cipholio, ViaBTC, CatcherVC, and Double Peak. Previous rounds included participation from ParaFi Capital, Arrington Capital, Divergence, Blockchain Founders Fund, Laser Digital (Nomura Group), Skyland Ventures, Costanoa, Rarestone, Krypital Group, Big Brain Holdings, LD Capital, ViaBTC, Cipholio, Double Peak, Athena Ventures, Coinseeker, Artemis Capital, and AWS.

May 07, 2024: Numeric Raises $10 Million to Transform Accounting with AI
Numeric, an AI-powered accounting automation company, has raised $10 million in a Seed round from  Founders Fund , Menlo Ventures , 8VC , Long Journey , Friends & Family Capital , and more to fuel product development and hiring.

Apr 10, 2024: Layer N Launches Testnet Environment Phase 1
 Today Layer N, a hyper-performant Layer 2 (L2) execution network, announced the launch of its testnet. Layer N first came out of stealth in September 2023 with a $5 million funding round backed by Peter Thiel's Founders Fund. Layer N is a novel execution layer designed as a network of rollups that share a unified communication and liquidity layer. Layer N aims to become the execution layer for thousands of hyper-optimized rollups, while maintaining a monolithic like UX for end-users.

Apr 05, 2024: Varda Announces $90 million Series B Funding to Build Factories in Space
Varda Space Industries, Inc., the world's first in-space manufacturing and hypersonic Earth re-entry logistics company, today announced the completion of a $90 million Series B funding round, led by Caffeinated Capital, with participation from Lux Capital, General Catalyst, Founders Fund, and Khosla Ventures. Varda has raised $145 million to date.  

Mar 27, 2024: ASIAN HALL OF FAME KICKS-OFF ASIAN HERITAGE MONTH
Asian Hall of Fame  hosts Celebrate Asia Festival at Biltmore Los Angeles on Wednesday, May 1 . The annual benefit for the Women Founders Fund supports diversity women in tech, entertainment and arts.

Mar 22, 2024: Moondance Labs Announces $6 Million Funding to Boost Development of Tanssi Protocol
 Moondance Labs, the creators of the innovative Tanssi appchain infrastructure protocol, have announced a successful $6 million funding round. The round was jointly led by Scytale Digital, KR1, and SNZ, and saw participation from prominent blockchain venture capitalists including Arrington Capital, Borderless Capital, Hypersphere, and Blockchain Founders Fund.

Mar 05, 2024: Used by Spotify and Logitech, HR & Fintech Startup RemotePass Raises $5.5M
RemotePass , an HR and fintech platform that helps companies onboard, manage, pay, and retain remote workers, has secured $5.5 million in Series A funding.

Feb 28, 2024: Validation Cloud Secures $5.8 Million in Inaugural Funding to Propel Web3 Infrastructure
In a significant stride towards revolutionizing Web3 infrastructure, Validation Cloud has proudly announced the successful closure of its first external investment round, amassing $5.8 million . Spearheaded by San Francisco -based Cadenza Ventures, this funding round exceeded expectations with contributions from an impressive roster of international investors, including Blockchain Founders Fund , Bloccelerate, Blockwall, Side Door Ventures, Metamatic, GS Futures, and AP Capital.

Feb 20, 2024: Oula, the Modern Maternity Care Clinic Combining Midwifery and Obstetrics, Raises $28M in Series B Funding to Expand Nationally and Offer New Services
  Oula , the first modern maternity care clinic combining the best of obstetrics and midwifery care, today announced it raised a $28 million Series B funding round co-led by Revolution Ventures and Maverick Ventures with participation from GV and existing investors including the Female Founders Fund, 8VC, Alumni Ventures, and Great Oaks. With nearly $50M in total funding, Oula plans to expand its technology-enabled and hybrid care approach to more markets beyond New York City and launch new services for those in their reproductive years.

Feb 20, 2024: 9amHealth Raises $9.5M Series A Extension Led by The Cigna Group Ventures to Expand to Employers Nationwide
9amHealth , the leading virtual provider for cardiometabolic health, announced it has raised $9.5 million in a Series A extension round today. The financing round was led by The Cigna Group Ventures, with additional support from existing institutional investors, including 7Wire Ventures, Define Ventures, Leaps by Bayer, and Founders Fund. 

Feb 08, 2024: Omega Secures $6 Million in Funding to Help Users Leverage Cross-chain Digital Assets
Omega has closed a $6 million funding round, marking a significant milestone in its quest to integrate native Bitcoin into the decentralized finance (DeFi) landscape. This substantial financial infusion came across three investment rounds, featuring contributions from an impressive roster of participants including Lightspeed Faction, Borderless Capital, Wormhole Cross-Chain Ecosystem Fund (operated by Borderless Capital), Bankless Ventures, Wave Digital, Blockchain.com, Blockchain Founders Fund, Kronos Ventures, XTBO Humla, Cadenza, Psalion Ventures, AlphaLab Capital, Side Door Ventures, and MH Ventures, among others.

Feb 06, 2024: Omega Secures $6 Million in Funding from Lightspeed Faction, Borderless Capital, Bankless Ventures, XBTO Humla, Blockchain.com, Wave Digital, and others


Jan 31, 2024: Hivello Announces Upsized Funding Round, Raising USD $2.5M Amidst High Demand
Hivello , at the cutting edge of Decentralized Physical Infrastructure Networks (DePIN), has announced an upsized funding round, raising an additional USD $1.5 million and bringing the total raised in the prior 4 weeks to USD $2.5 million .