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Founders Fund
Venture capital firm · Founded 2005 · Active in 2026
Founders Fund was founded in San Francisco in 2005 by Peter Thiel, Ken Howery, and Luke Nosek — three of the original PayPal mafia. The contrarian thesis — "we wanted flying cars, instead we got 140 characters" — has driven heavy concentration in deep tech and frontier categories: space, defence, AI infrastructure, and crypto.
Signature bets include SpaceX, Palantir, Anduril, Stripe, and an early position in Facebook.
Founders Fund’s biggest exits.
Founders Fund portfolio companies worth $1B+ that have IPO’d or been acquired. Each shows its valuation at exit and, in grey, its current value if still public.
+15 more $1B+ exits on the full Dealroom profile.
The 140 Founders Fund Power Law outcomes ($100M+ revenue or $1B+ valuation).
Snapshot of where the outcomes are concentrated by country, sector, and stage entered.
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USA118
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UK4
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Germany3
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New Zealand2
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Canada2
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Brazil2
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UAE1
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Australia1
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Mexico1
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Norway1
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Sweden1
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India1
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Fintech29
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Health Tech & Medtech15
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AI14
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Biotech & Life Sciences13
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Other B2B Software11
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Cybersecurity9
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eCommerce & Marketplaces9
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Other8
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Transportation7
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Marketing6
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Energy6
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Space5
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Series B+69
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Series A32
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Seed26
Founders Fund’s biggest current holdings.
An estimate of Founders Fund’s largest live positions — disclosed shareholding × Dealroom’s latest valuation — across 39 companies where Founders Fund is a named shareholder, worth about $175B in estimated equity value.
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1
SpaceX | xAI
10.4%
$1.2T
$130B
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2
Anduril
28.5%
$61.0B
$17.4B
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3
Stripe
5%
$159B
$8.0B
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4
Ramp
14.5%
$32.0B
$4.6B
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5
Polymarket
21%
$9.0B
$1.9B
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6
Cognition | Devin AI
16.5%
$10.2B
$1.7B
- 7 12% $12.5B $1.5B
- 8 8.8% $12.6B $1.1B
- 9 10.5% $10.0B $1.1B
- 10 11.5% $8.0B $920M
- 11 8.5% $7.5B $638M
- 12 6.1% $9.7B $589M
Showing the 12 largest of 39 disclosed direct holdings.
6 companies hidden on this public profile. Estimated value = Founders Fund’s disclosed ownership % × Dealroom’s latest company valuation; direct named stakes only, exited positions excluded. Figures are indicative, not reported marks. Founders Fund also appears inside investor groups in Facily, Flash Express, Maven Clinic, OpenAI, OpenSea, Quora, Ripple, ZenBusiness, where a standalone stake isn’t disclosed. See the underlying cap tables on Dealroom →
Founders Fund's 140 Power Law outcomes.
How does Founders Fund stack up?
Founders Fund in orange, your selection in blue and other colours. Pick from the global roster of 609 peer investors — scope by startup location or hit "Find similar shapes" to auto-pick the three closest. The funnel matrix mirrors the spider chart on the ranking page; the line chart shows each firm's share of unicorns minted in the selected startup location — peaks reveal vintage years.
Share of new unicorns per year
% of global unicorns minted that year, year by year · hover the chart to see which unicornsStage focus
Companies by selected outcome stageSector focus
Companies per investor across the 10 highest-volume sectorsBeyond Unicorns — how the portfolio compounds
% of each investor's unicorn portfolio that later crossed $10B, $25B and $50B. Pick a sort tier and entry stage.Where Founders Fund's portfolio founders come from — and where they studied.
401 founders across the 140 Power Law outcomes — split by country of origin, university attended, and the company they worked at before founding. Stanford University and Alphabet | Google are the deepest single pipelines.
Key people at Founders Fund.
Market sentiment
What the market is saying about Founders Fund
An AI-synthesized read of the highest-engagement posts about Founders Fund on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
In the news
Latest news about Founders Fund
Recent press, funding announcements, and portfolio moves mentioning Founders Fund — pulled live from Dealroom's news feed.
Want the full picture on Founders Fund?
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