“Can a 30-year-old early-stage VC firm systematically identify and create markets that do not yet exist, particularly at the intersection of AI, fintech, and crypto?”
Founded in 1995 as an early-stage VC firm in Menlo Park, Foundation Capital has backed over 100 AI startups and fintech companies including LendingClub, Netflix, and Sunrun, with 26 IPOs in its track record. The firm has evolved from a broad tech investor into one with dedicated fintech and crypto practices, explicitly stating a belief that 'better financial services make for a better world.' Its 2025 Fund XI, at $600M, doubles down on AI and pre-product technical founders in 'zero billion-dollar markets' — markets that don't yet exist — as the central investment thesis.
Foundation Capital is founded in 1995 and headquartered in Menlo Park, California, USA.
Get a read on where your own stack stands against Foundation Capital and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.