Foundation Capital

Venture capital firm
Palo Alto, California, USAFounded 1995www.foundationcapital.com

Early-stage venture firm with 30 years experience backing founders in AI, blockchain, and fintech from inception with 77% pre-revenue investments.

Strategy

Stages
Pre-SeedSeed
Sectors
AIBlockchainFintech
Geographies
USAPalo Alto, California, USA
Check size
$1M - $10M

Recent changes

  1. Sep 5, 2026Sectors updated: AI, Blockchain, Fintech foundationcapital.com
  2. Sep 5, 2026Stages updated: Pre-Seed, Seed foundationcapital.com
  3. Jul 23, 2026Invested in AegisAI (Series A, $36M) PR Newswire
  4. May 23, 2024New fund: Foundation Capital Fund XI (target $600M) SEC EDGAR Form D
  5. Jun 4, 2021New fund: Foundation Capital Fund X (target $500M) SEC EDGAR Form D
Earlier changes (2)
  1. Aug 14, 2018New fund: Foundation Capital Fund IX (target $350M) SEC EDGAR Form D
  2. Jun 15, 2015New fund: Foundation Capital Fund VIII (target $325M) SEC EDGAR Form D

Funds

4
FundVintageSizeStrategySource
Foundation Capital Fund XI2024$600MFlagship
As of Mar 4, 2025SEC EDGAR Form D
Foundation Capital Fund X2021target $500MFlagship
As of Jun 4, 2021SEC EDGAR Form D
Foundation Capital Fund IX2018target $350MFlagship
As of Aug 14, 2018SEC EDGAR Form D
Foundation Capital Fund VIII2015target $325MFlagship
As of Jun 15, 2015SEC EDGAR Form D

Portfolio

3 total

Recent Investment Activity

2
DateCompanyEventAmountValuationInvestorsSource
Jul 23, 2026AegisAISeries A$36M
Battery VenturesAccelFoundation CapitalAbnormal SecuritySublime SecurityMaterial Security
outlined = lead
Pulse story
May 14, 2026CerebrasIPO$5.55B$56.4B
outlined = lead
CNBC / TechCrunch

Sector / Stage Activity

By sector (portfolio)
Cybersecurity
1 · 33%
AI infra
1 · 33%
Semiconductors
1 · 33%
By stage (tracked rounds)
Series A
1 · 50%
IPO
1 · 50%

Co-Investors

12

Latest Pulse

Pulse coverage →
  1. Early Cerebras Backer Adit Singh Joins MayfieldAdit Singh, the Foundation Capital partner who co-led Cerebras's first funding round a decade ago, has joined Mayfield as an infrastructure partner focused on semiconductors, hardware, cybersecurity and physical AI.
Sources & methodologyshow
Where these figures come from

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