Founders Fund

AI research company building artificial general intelligence, creator of ChatGPT, GPT-4, DALL-E, and the OpenAI API platform.

AI safety company and maker of Claude AI models

AI data infrastructure company that provides data labeling, model evaluation, and software to accelerate the development of AI applications for enterprises, government agencies, and AI labs.

Aerospace manufacturer and space transportation company designing, manufacturing, and launching advanced rockets and spacecraft with the goal of enabling human life on Mars.

Online payment processing and financial infrastructure platform

Anduril Industries is a defense technology company building autonomous systems, AI software, and sensor hardware for military and national security applications. Founded by Oculus VR creator Palmer Luckey and former Palantir employees, the company builds products including autonomous drones, surveillance towers, underwater vehicles, and the Lattice AI platform that integrates sensors and effectors into a unified command-and-control system.

Lyft is a ride-sharing and transportation company offering on-demand rides, bikes, scooters, and transit information through its mobile app. Founded as Zimride in 2007 and relaunched as Lyft in 2012, the company operates across the United States and Canada, serving approximately 95% of the U.S. population.

Online marketplace for short-term lodging and experiences

Data analytics and software company building platforms for government intelligence, defense, and commercial enterprises, enabling organizations to integrate, manage, and analyze large datasets for operational decision-making.

Technology-powered freight forwarder and supply chain logistics platform that moves goods globally by ocean, air, truck, and rail, providing end-to-end visibility and data-driven supply chain management.

Corporate card and spend management platform that helps businesses save money on expenses. Combines corporate cards with software for expense management, bill payments, accounting automation, and procurement. Known for its rapid growth, reaching $100M ARR in under 3 years.

Workforce management platform that unifies HR, IT, and finance into a single system built on a unified employee graph.

Online wholesale marketplace connecting independent brands with independent retailers. Retailers discover and buy from over 100,000 brands with free returns, net-60 payment terms, and data-driven recommendations.

Affirm is a financial technology company that provides buy now, pay later (BNPL) services, offering consumers transparent installment payment options at the point of sale. Founded by PayPal co-founder Max Levchin, it is the largest U.S.-based BNPL platform.

Biotech company developing AI-powered multiomics blood tests for early cancer detection. Its platform analyzes cell-free DNA, methylation patterns, and protein biomarkers from routine blood draws to screen for cancers in their earliest stages. Lead product SimpleScreen targets FDA approval for colorectal cancer screening.

Online graphic design platform that makes design accessible to everyone, offering an intuitive drag-and-drop editor with AI-powered Magic Studio tools used over 5 billion times.

Collaborative interface design tool that runs in the browser, enabling real-time multiplayer editing for design teams.

Flock Safety builds an integrated public safety platform combining AI-powered license plate readers, gunshot detection, video surveillance cameras, and Drone As First Responder technology. The company's technology is deployed in over 5,000 communities and 4,800 law enforcement agencies across the U.S., helping solve hundreds of crimes per day.

Hadrian is building autonomous factories for precision manufacturing, using AI and robotics to produce complex parts for aerospace, defense, and space companies. The company operates software-defined factories where AI plans machining operations, robots handle material flow, and the system continuously optimizes for quality and throughput. Hadrian aims to rebuild America's precision manufacturing capacity to support national security and space exploration.

Zenefits was a cloud-based human resources platform that offered free HR software to small and mid-sized businesses, handling payroll, benefits administration, and compliance. The company rose rapidly through Y Combinator to a $4.5 billion valuation but collapsed after regulatory scandals revealed unlicensed insurance brokerage. Acquired by TriNet in 2022.

Radiant Industries develops portable nuclear microreactors designed to replace diesel generators with clean, zero-emissions power. The company's flagship product, Kaleidos, is a 1 MW reactor that fits inside a shipping container. Founded by former SpaceX engineers, Radiant plans to mass-produce microreactors from its factory in Oak Ridge, Tennessee.

Wave is a mobile money platform building affordable, accessible financial services across Africa. Founded by the creators of Sendwave (YC W12, sold to WorldRemit for $500M), Wave offers cash deposits, withdrawals, peer-to-peer payments, and business payments through a network of over 150,000 agents across eight West African markets. Starting in Senegal, Wave became the country's largest mobile money provider and the first unicorn from Francophone Africa. The platform serves more than 20 million monthly active users.

Cedar is a healthcare financial technology platform that simplifies patient billing and payment experiences for hospitals, health systems, and medical groups. The platform uses data science and AI to personalize billing communications and optimize payment outcomes, serving over 50 million patients.

Technology-driven insurance brokerage that provides business insurance, employee benefits, and risk management services. Founded by former Opendoor and LinkedIn employees, Newfront combines software automation with deep insurance expertise to modernize how middle-market businesses purchase and manage commercial insurance.

Sleep technology company that develops AI-powered smart mattress covers with embedded sensors for temperature regulation, sleep tracking, and personalized health insights. The Pod mattress cover uses machine learning to optimize sleep quality by adjusting bed temperature throughout the night.

Cloud communications platform that provides programmable APIs for voice, SMS, video, and email, enabling developers to embed communication capabilities directly into their applications. Twilio powers customer engagement for hundreds of thousands of businesses worldwide.

Asana is a work management platform that helps teams plan, organize, and track projects and tasks. Founded by Facebook co-founder Dustin Moskovitz and former Facebook engineer Justin Rosenstein, the company serves over 75,000 customers.

Nominal builds the unified, real-time test stack for physical systems. The platform helps engineering teams developing complex hardware (aircraft, satellites, autonomous vehicles, fusion energy systems, weapons programs) to test, validate, and monitor their systems continuously.

Material Security provides cloud workspace security for Microsoft 365 and Google Workspace, protecting organizations from email attacks, account takeovers, and data breaches. Founded by former Dropbox engineers, the company applies a zero-trust approach that assumes breach and protects sensitive content even after an attacker gains access to an inbox.

Subscription-based digital sports media company providing in-depth, ad-free sports journalism. Grew to over 1.2 million subscribers covering professional and college sports across the US, UK, and Canada before being acquired by The New York Times for $550 million in 2022.

Oculus VR designed and manufactured the Oculus Rift virtual reality headset, widely credited with reviving the modern VR industry. Founded by Palmer Luckey after a record-breaking Kickstarter campaign, the company was acquired by Facebook (now Meta) in 2014 for approximately $2 billion.

Clinical-stage precision oncology company that built a proprietary Predictive Precision Medicines Platform (PPMP) to bio-simulate cancer treatments and predict patient response. Originally tested combinations of FDA-approved drugs on patient cancer cell samples for blood cancers. Demonstrated 84% accuracy in predicting treatment responses with Stanford.

Construction productivity software that digitized blueprints and project documents for mobile access on job sites, enabling real-time collaboration across construction teams. Acquired by Autodesk for $875 million in 2018.