Venture capital firm

Foundation Capital portfolio
foundationcapital.comFoundation Capital is a venture capital firm based in Palo Alto, United States, founded in 2001. It has invested in 144 venture-backed companies across 205 funding rounds on VCMC, and led 54 of those rounds. 7 of them were in the last 12 months.
144
Venture-backed companies
in its portfolio on VCMC
205
Funding rounds
led 54
7
Last 12 months
rounds, Oct 2025 to Sep 2026
32
With a disclosed valuation
of 144 companies
$95.8B
Combined value of its private companies
the whole companies, not what Foundation Capital owns
128 private companies Foundation Capital has backed have a VCMC valuation; together they are worth $95.8B. That is the value of the whole companies, not what Foundation Capital owns. Cohesity is 30% of the total. 16 companies it backed have since been acquired and are not included. How VCMC values companies.
Values cover private companies only; public companies are not included.
Portfolio
Foundation Capital's most valuable portfolio companies
The 10 most valuable private companies Foundation Capital has backed, by VCMC's valuation. Values cover private companies only; public companies are not included.
- 1 Cohesity Tech Companies, Santa Clara $28.4B range $9.6B – $40.4B Led at Series C, 2017
- 2 OpenSea Tech Companies, Miami $10.7B range $1.5B – $21.9B Joined at Seed, 2018
- 3 Cryptocurrency, Miami $7.3B range $529M – $10.1B Joined at Seed, 2022
- 4 Rappi Groceries Delivery, Bogota $6.8B range $456M – $7.9B Joined at Growth, 2018
- 5 Tech Companies $2.9B range $1.8B – $3.3B Joined at Series A, 2017
- 6 Tech Companies, Santa Clara $2.5B range $220M – $3.5B Led at Series C, 2019
- 7 Tech Companies, Austin $2.3B range $197M – $3.6B Joined at Series A, 2022
- 8 Software Development Services, Palo Alto $2.3B range $894M – $2.6B Led at Seed, 2020
- 9 Aerospace and Defence, Golden $2.1B range $971M – $3.2B Joined at Series A, 2019
- 10 Current Banks & ATMs, New York $1.7B range $1.3B – $2.3B Joined at Series C, 2020
Portfolio
Full Foundation Capital portfolio (144 companies)
144 companies. Load more shows the rest.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Cohesity Tech Companies · led at Series C, 2017 | Series H Dec 2024 $2.00B | $28.4B | $9.6B – $40.4B | $28.3B (0%) | $3.1B | 1% | 7,802 | flat | C | |
| 2 | Kiavi Loans & Financing · since Series E, 2020 | Debt Aug 2025 $400M | $434M | $35.2M – $499M | $431M (-1%) | $57.9M | 0% | 475 | flat | D | |
| 3 | Farmers Business Network Farms & Agriculture Production · since Series A, 2014 | Growth Equity Jul 2025 $50M | $610M | $369M – $983M | $481M (-21%) | $61.1M | 59% | 806 | growing | B | |
| 4 | Rappi Groceries Delivery · since Growth, 2018 | Series F Jul 2021 $500M | $6.8B | $456M – $7.9B | $6.8B (0%) | $916M | 0% | – | unknown | D | |
| 5 | Addi Payment Processing & Point of Sale · since Series B, 2021 | Series D Jul 2026 $85M | $941M | $617M – $1.6B | $1.1B (+21%) | $153M | 0% | 950 | growing | B | |
| 6 | Carbon Industrial Machinery & Supplies · since Series A, 2013 | Growth Equity Nov 2025 $60M | $692M | $435M – $1.1B | $584M (-16%) | $65.6M | 51% | 518 | flat | B | |
| 7 | Current Banks & ATMs · since Series C, 2020 | Series E Jun 2026 $80M | $1.7B | $1.3B – $2.3B | $2.0B (+21%) | $223M | 0% | 510 | growing | A | |
| 8 | Flock Freight Trucking and Logistics · since Series A, 2017 | Series E May 2025 $60M | $865M | $381M – $1.4B | $786M (-9%) | $107M | 30% | 371 | flat | C | |
| 9 | OpenSea Tech Companies · since Seed, 2018 | Series C Jan 2022 $300M | $10.7B | $1.5B – $21.9B | $10.1B (-6%) | $2.4B | 33% | 701 | flat | D | |
| 10 | BCB Group Payment Processing & Point of Sale · led at Series A, 2022 | Series A Jan 2022 $60M | $455M | $35.2M – $771M | $435M (-4%) | $91.2M | 4% | 203 | up | D | |
| 11 | Tech Companies · since Seed, 2014 | Series C Apr 2022 $150M | $813M | $107M – $1.6B | $739M (-9%) | $168M | 23% | 227 | flat | D | |
| 12 | Tech Companies · since Seed, 2017 | Series D Mar 2022 $102M | $935M | $383M – $1.7B | $922M (-1%) | $158M | 19% | 432 | growing | C | |
| 13 | Tech Companies · since Series B, 2024 | Series C Jun 2025 $101M | $906M | $566M – $1.0B | $906M (0%) | $99.6M | 0% | 319 | growing | B | |
| 14 | Tech Companies · led at Seed, 2020 | Series C Feb 2025 $70M | $939M | $532M – $1.3B | $939M (0%) | $103M | 0% | 244 | growing | B | |
| 15 | Tech Companies · led at Series C, 2014 | Debt May 2023 $50M | $296M | $51.1M – $859M | $296M (0%) | $84.1M | 63% | 428 | down | D | |
| 16 | Tech Companies · since Series A, 2015 | Other Jul 2024 $28M | $823M | $86.3M – $1.3B | $823M (0%) | $166M | 11% | 229 | flat | D | |
| 17 | Tech Companies · since Growth, 2018 | Growth Equity Jul 2018 $45M | $54.7M | $29.7M – $135M | $54.7M (0%) | $49.5M | 97% | 20 | shrinking | C | |
| 18 | Tech Companies · led at Seed, 2024 | Series B Oct 2025 $65M | $681M | $321M – $967M | $681M (0%) | $74.9M | 0% | 176 | growing | B | |
| 19 | Tech Companies · since Series A, 2021 | Series C Jan 2025 $43M | $552M | $293M – $848M | $547M (-1%) | $61.6M | 3% | 200 | growing | B | |
| 20 | Tech Companies · led at Series C, 2014 | Series C Apr 2014 $70M | $268M | $87.5M – $892M | $268M (0%) | $91.0M | 30% | 143 | growing | D | |
| 21 | Tech Companies · led at Series A, 2015 | Acquisition Jun 2023 $200M | $507M acquired 2023 | $180M – $720M | – | – | 0% | 420 | up | C | |
| 22 | Tech Companies · since Seed, 2023 | Series B Jul 2025 $40M | $530M | $299M – $609M | $530M (0%) | $58.3M | 0% | 111 | growing | B | |
| 23 | Tech Companies · since Growth, 2025 | Growth Equity Apr 2025 $45M | $550M | $246M – $837M | $550M (0%) | $49.5M | 0% | 119 | unknown | C | |
| 24 | Die Casting & Tool Manufacturing · since Series B, 2021 | Acquisition Oct 2025 | $210M acquired 2025 | $105M – $308M | – | – | 27% | 59 | flat | B | |
| 25 | Tech Companies · since Series A, 2021 | Series B Nov 2024 $10M | $72.3M | $26.4M – $168M | $56.9M (-21%) | $11.5M | 97% | 70 | shrinking | C | |
| 26 | Tech Companies · since Growth, 2017 | Growth Equity Jun 2017 $40M | $269M | $26.1M – $331M | $269M (0%) | $29.7M | 6% | 571 | flat | D | |
| 27 | Tech Companies · led at Series A, 2022 | Series B Feb 2025 $30M | $188M | $95.5M – $339M | $141M (-25%) | $33.2M | 86% | 83 | down | C | |
| 28 | Tech Companies · since Series A, 2026 | Series A Jul 2026 $36M | $232M | $131M – $548M | $360M (+55%) | $50.4M | 0% | 45 | growing | C | |
| 29 | Tech Companies · since Seed, 2018 | Series B Oct 2021 $22M | $112M | $10.6M – $222M | $107M (-4%) | $20.6M | 18% | 55 | up | D | |
| 30 | Tech Companies · since Seed, 2016 | Series A May 2019 $30M | $1.33M | $0 – $1.33M | $1.33M (0%) | – | 100% | 376 | up | dead | |
| 31 | Tech Companies · since Series A, 2025 | Series A Oct 2025 $30M | $343M | $126M – $521M | $343M (0%) | $48.0M | 0% | 86 | growing | C | |
| 32 | Tech Companies · since Seed, 2021 | Series A Dec 2021 $25M | $21.1M | $6.70M – $177M | $21.0M (0%) | $27.2M | 96% | 65 | down | D | |
| 33 | Tech Companies · led at Seed, 2022 | Acquisition Jul 2026 $200M | $56.3M acquired 2026 | $33.6M – $143M | – | – | 97% | 54 | down | C | |
| 34 | Tech Companies · since Series A, 2022 | Acquisition Dec 2024 $730M | $370M acquired 2024 | $231M – $426M | – | – | 0% | 190 | growing | B | |
| 35 | Tech Companies · led at Series A, 2023 | Series A Jan 2023 $26M | $68.1M | $16.4M – $300M | $53.1M (-22%) | $35.2M | 64% | 25 | up | D | |
| 36 | Tech Companies · led at Series A, 2023 | Acquisition May 2026 | $201M acquired 2026 | $47.0M – $389M | – | – | 23% | 137 | up | D | |
| 37 | Tech Companies · led at Seed, 2021 | Series A Nov 2022 $18M | $160M | $11.5M – $247M | $148M (-7%) | $26.4M | 0% | 71 | flat | D | |
| 38 | Tech Companies · since Seed, 2022 | Series A Jun 2026 $12M | $82.3M | $45.5M – $190M | $125M (+51%) | $17.5M | 0% | 56 | growing | C | |
| 39 | Tech Companies · led at Series A, 2025 | Series A Mar 2025 $16M | $246M | $80.5M – $349M | $246M (0%) | $26.1M | 0% | 323 | growing | C | |
| 40 | Tech Companies · led at Series A, 2024 | Other Nov 2025 $10M | $102M | $20.8M – $156M | $102M (0%) | $14.3M | 0% | 21 | flat | D | |
| 41 | Tech Companies · since Series A, 2021 | Series A Feb 2021 $19M | $20.8M | $6.22M – $72.2M | $19.8M (-4%) | $26.0M | 97% | 11 | shrinking | D | |
| 42 | Tech Companies · since Series A, 2025 | Series A Feb 2025 $16M | $173M | $58.4M – $263M | $173M (0%) | $24.2M | 0% | 118 | up | C | |
| 43 | Tech Companies · since Series A, 2017 | Acquisition Feb 2022 $200M | $101M acquired 2022 | $17.5M – $144M | – | – | 0% | 38 | flat | D | |
| 44 | Tech Companies · led at Series A, 2024 | Series A Jul 2024 $15M | $131M | $52.9M – $255M | $97.1M (-26%) | $25.5M | 33% | 72 | growing | C | |
| 45 | Tech Companies · since Series A, 2023 | Series A Oct 2023 $15M | $30.7M | $16.3M – $76.9M | $21.3M (-30%) | $21.9M | 97% | 24 | shrinking | C | |
| 46 | Tax Preparation · since Series A, 2025 | Series A Apr 2025 $13M | $111M | $43.0M – $182M | $100M (-10%) | $18.8M | 26% | 38 | up | C | |
| 47 | Tech Companies · since Series A, 2024 | Series A Nov 2024 $14M | $156M | $66.4M – $237M | $156M (0%) | $21.8M | 0% | 94 | growing | C | |
| 48 | Tech Companies · led at Series A, 2018 | Series A Nov 2018 $10M | $30.2M | $3.37M – $84.1M | $28.5M (-5%) | $14.0M | 34% | 14 | flat | D | |
| 49 | Tech Companies · led at Series C, 2009 | Acquisition Mar 2014 $360M | $142M acquired 2014 | $7.17M – $216M | – | – | 0% | – | unknown | D | |
| 50 | Tech Companies · led at Series A, 2023 | Series A Feb 2023 $12M | $47.2M | $9.68M – $168M | $40.4M (-14%) | $18.2M | 65% | 45 | down | D |
Valuation: VCMC's valuation with its range, from a low to a high scenario; a company with no valuation shows a dash, one acquired after its last round its last value as a private company.
Activity
How Foundation Capital invests: stages, industries and countries
Most of its rounds are Series A (30%). Its companies span 34 industries, most in Tech Companies, Software Development Services and Payment Processing & Point of Sale, across 11 countries.
Rounds by stage
- Seed 55
- Series A 62
- Series B 34
- Series C and later 53
- Other venture 1
Investments by industry
- Tech Companies 74
- Software Development Services 9
- Payment Processing & Point of Sale 8
- Insurance - Agents, Carriers & Brokers 5
- Banks & ATMs 4
- Cryptocurrency 4
- Investment Consultants & Financial Advisors 4
- Loans & Financing 4
Investments by country
- United States 123
- United Kingdom 5
- Colombia 3
- Israel 3
- Mexico 3
- Canada 2
Recent rounds
Foundation Capital's latest investments
Foundation Capital's most recent funding rounds, newest first. 7 rounds in the last 12 months.
- Series A, led $16M 24 Sep 2026
- Series A $36M 24 Jul 2026
- Current Series E $80M 11 Jun 2026
- Seed $25M 27 Jan 2026
- Series A $30M 16 Oct 2025
- Series B $65M 15 Oct 2025
- Seed $35M 15 Oct 2025
- Seed, led $9.0M 29 Sep 2025
- Growth $30M 18 Sep 2025
- Seed, led $7.4M 12 Sep 2025
Co-investors
Foundation Capital's top co-investors
The investors that most often join the same rounds as Foundation Capital. Y Combinator leads, with 21 rounds together.
- Y Combinator 21 rounds together
- Founders Fund 18 rounds together
- Andreessen Horowitz 14 rounds together
- Accel 11 rounds together
- GV 11 rounds together
- Sequoia Capital 10 rounds together
- Lightspeed Venture Partners 9 rounds together
- 9 rounds together
- Kleiner Perkins 9 rounds together
- Battery Ventures 9 rounds together
About
About Foundation Capital
Foundation Capital, LLC is an American venture capital firm that provides early-stage investment fund management, portfolio services, and talent advisory services to startups in the cybersecurity, fintech, and crypto sectors. The company also offers membership programs that connect founders with executive leaders from large corporations, facilitating mentorship, strategic partnerships, and access to potential customers. Additionally, Foundation Capital delivers talent and recruiting services, including hiring and sourcing support, interview process design, vendor and agency services, compensation planning, and HR support. The firm serves entrepreneurs and startups seeking early-stage funding and support in the enterprise, fintech, and crypto markets.
Description from Veridion's company data.
- Founded
- 2001
- Based in
- Palo Alto, United States
- Team
- 93 people, +15% in a year
- Type
- Venture capital firm
Focus markets
- Enterprise
- Fintech
- Crypto
- Consumer
What Foundation Capital offers
- Early-Stage Venture Capital Investment
- Fintech Startup Investment
- Enterprise Technology Investment
- Consumer Technology Investment
- Crypto Sector Investment
- Proprietary Founder Support Services
- Team Building Platform Services
- Customer Acquisition Platform Services
Questions
Foundation Capital: frequently asked questions
How many companies has Foundation Capital invested in?
144 venture-backed companies on VCMC, across 205 funding rounds.
What are Foundation Capital's most valuable private companies?
Cohesity ($28.4B), OpenSea ($10.7B), Binance.US ($7.3B), by VCMC's valuation.
What was Foundation Capital's latest investment?
iPiD, a Series A round in Sep 2026 of $16M, which Foundation Capital led.
Which stages does Foundation Capital invest in?
Foundation Capital invests most often at Series A (62 rounds), followed by seed (55) and Series C and later (53). It has also joined 34 Series B and 1 other venture rounds.
What is Foundation Capital's portfolio worth?
Its private companies with a VCMC valuation are worth $95.8B together. That is the sum of the companies' values, not what Foundation Capital owns.
Who does Foundation Capital invest alongside?
Y Combinator (21 rounds), Founders Fund (18 rounds), Andreessen Horowitz (14 rounds).