In 2005 was created Founders Fund, which is appeared as VC. The main department of described VC is located in the San Francisco. The fund was located in North America if to be more exact in United States.
This organization was formed by Ken Howery, Luke Nosek. The overall number of key employees were 9.
The typical case for the fund is to invest in rounds with 6-7 participants. Despite the Founders Fund, startups are often financed by Susa Ventures, Social Capital, Slow Ventures. The meaningful sponsors for the fund in investment in the same round are Western Technology Investment, Tuesday Capital, Scott Banister. In the next rounds fund is usually obtained by Union Square Ventures, Streamlined Ventures, RRE Ventures.
The fund has no exact preference in some founders of portfolio startups. In case when startup counts 5+ of the founder, the chance for it to get the investment is meager. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Among the various public portfolio startups of the fund, we may underline Facebook, Spotify, Airbnb Besides, a startup needs to be aged 2-3 years to get the investment from the fund. Among the most popular fund investment industries, there are Health Care, Mobile.
The high activity for fund was in 2018. The fund is generally included in 25-48 deals every year. Speaking about the real fund results, this VC is 6 percentage points more often commits exit comparing to other organizations. This Founders Fund works on 14 percentage points less the average amount of lead investments comparing to the other organizations. The increased amount of exits for fund were in 2019. The common things for fund are deals in the range of 10 - 50 millions dollars. The average startup value when the investment from Founders Fund is more than 1 billion dollars.
Notable deals
Company | Industry | Round Size | Date | Investors | Location |
Even | 23 Oct 2024 | Bangalore, Karnataka, India | |||
Numeric | 10 Oct 2024 | San Francisco, California, United States | |||
Impulse Space Propulsion | 01 Oct 2024 | El Segundo, California, United States | |||
Helius | 19 Sep 2024 | - | |||
Hgen | $5M | 17 Sep 2024 | Los Angeles, California, United States | ||
Turntable Labs | $8M | 29 Aug 2024 | Miami, Florida, United States | ||
Caldera | $15M | 24 Jul 2024 | - | ||
Hextronics | $2M | 08 Jul 2024 | Miami, Florida, United States | ||
AfterHour | $4M | 17 Jun 2024 | - |
– Superplastic, a company from the creator of Ello and Kidrobot, raised $20m funding.
– The round was led by Google Ventures, Index Ventures, Founders Fund, Craft Ventures, Day One Ventures, Galaxy Digital, Kakao, LINE Friends and individual investors like Cyan Banister, Jared Leto, Justin Timberlake and Scooter Braun.
– The company owns an animated collab house of “synthetic superstars” — characters who live on social media and pop up everywhere else through partnerships with celebrities, iconic fashion brands and gaming platforms.
– Kavak, a Mexico City-based startup that operates a pre-owned car marketplace in Latin America, announced that it has raised a massive $700 million in a Series E round that more than doubles the company’s valuation to $8.7 billion.
– Cambridge, Massachusetts-based General Catalyst led Kavak’s Series E, which brings the company’s total raised to over $1.5 billion since its 2016 inception.
– Tiger Global, Spruce House, D1, SEA, Founders Fund, Ribbit Capital, SoftBank and others also participated in the latest financing.
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Latest deals
Company | Industry | Round Size | Date | Investors | Location |
Even | 23 Oct 2024 | Bangalore, Karnataka, India | |||
Numeric | 10 Oct 2024 | San Francisco, California, United States | |||
Impulse Space Propulsion | 01 Oct 2024 | El Segundo, California, United States | |||
Helius | 19 Sep 2024 | - | |||
Hgen | $5M | 17 Sep 2024 | Los Angeles, California, United States | ||
Turntable Labs | $8M | 29 Aug 2024 | Miami, Florida, United States | ||
Caldera | $15M | 24 Jul 2024 | - | ||
Hextronics | $2M | 08 Jul 2024 | Miami, Florida, United States | ||
AfterHour | $4M | 17 Jun 2024 | - |