Foundation Capital

Foundation Capital is a venture capital firm located in Silicon Valley. The firm was founded in 1995, and in 2012 managed more than $2.4 billion in investment capital.[1]

Foundation Capital
TypePrivate
IndustryVenture capital
FoundedOctober 1995 (1995-10)
Founder
  • Bill Elmore
  • Kathryn Gould
  • Jim Anderson
Headquarters
Palo Alto, California
,
United States
Number of employees
~ 30 worldwide
Websitewww.foundationcap.com

History

Foundation Capital was founded in 1995.[2]

The firm raised its seventh and at the time largest fund of $750 million in April 2008.[3] It was one of Netflix's original investors.[4]

Foundation Capital has invested in approximately 200+ ventures over the course of the last 19 years, 23 of which have had initial public offerings. It currently maintains investments in around 80 companies. Most investments fall under the areas of consumer tech, fin-tech, mar-tech, energy, enterprise tech, and applications. Its partners have been members of the founding executive teams of Silicon Valley startups of the past two decades, with each having an average of 15 years of operating experience. The firm differentiates itself from other venture capital firms in that it takes a hands-on approach with its portfolio companies, offering operational and management assistance and counsel as well as investment capital.

Foundation's Managing Partner in 2019 is Paul Holland and close its ninth fund with $350 million in capital. [5]

Programs

The firm's Entrepreneur-in-Residence program selects several candidates to incubate, train, and graduate, challenging them to develop a solid business plan for an emerging technology.

The firm's Young Entrepreneurs Program builds relationships with American business schools to offer Foundation Capital access and exposure to promising entrepreneurs and startups through various MBA networks. Through the program, Foundation offers graduate students an opportunity to gain experience identifying promising startups, pitching ventures, providing analysis of the opportunities, and building constructive relationships.

References
  1. "UPDATE 1-Foundation Capital raises $750 million fund". Reuters. Retrieved 2012-02-18.
  2. Loizos, Connie (September 9, 2019). "Foundation Capital, now 24 years old, just closed its ninth fund with $350 million in capital commitments". TechCrunch. Retrieved January 22, 2021.
  3. "Foundation Capital raises $750M fund, claiming focus on cleantech | VentureBeat". Deals.venturebeat.com. Retrieved 2012-02-18.
  4. Levy, Ari (2009-11-06). "Chegg Seeks to Become the Netflix of Textbook Rentals (Update1)". Bloomberg. Retrieved 2012-02-18.
  5. "Foundation Capital, now 24 years old, just closed its ninth fund with $350 million in capital commitments". TechCrunch. Retrieved 2019-10-20.
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