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Founders Fund

Founders Fund is a San Francisco-based venture capital firm founded in 2005 by Peter Thiel, Ken Howery, and Luke Nosek — all former PayPal executives. The firm manages over $12 billion and has backed transformative companies including SpaceX, Palantir, Airbnb, Stripe, and Anduril. Founders Fund is known for its contrarian investment thesis, favoring companies building revolutionary technology rather than incremental improvements. In AI, the firm has made significant bets on defense AI through Anduril and developer tools through Lovable, reflecting its preference for companies that leverage technology to reshape entire industries.

VC
AI Deals
10
Portfolio Companies
5
Lead Rounds
8
Website
Investment Activity
Lovable
Series B
Feb 20, 2026
$200M
Anduril Industries
Series F
Lead
Oct 20, 2025
$1.5B
Lovable
Series A
Jun 1, 2025
$17M
Impulse Space
Series B
Lead
Oct 1, 2024
$150M
Cognition
Series B
Lead
Apr 24, 2024
$175M
Cognition
Series A
Lead
Mar 12, 2024
$21M
Ramp
Series D
Lead
Mar 21, 2022
$200M
Ramp
Series C
Lead
Aug 24, 2021
$300M
Ramp
Series A
Lead
Feb 12, 2020
$25M
Ramp
Seed
Lead
Apr 1, 2019
$7M
Frequently Asked Questions
How many AI deals has Founders Fund made?
Founders Fund has participated in 10 AI funding rounds tracked in our database, leading 8 of them.
What AI companies has Founders Fund invested in?
Founders Fund's AI portfolio includes Lovable, Anduril Industries, Impulse Space, Cognition, Ramp.
What AI sectors does Founders Fund focus on?
Founders Fund invests across AI sectors including AI Developer Tools, AI Defense, Deep Tech, AI Fintech.
What type of investor is Founders Fund?
Founders Fund is classified as a vc investor. Founders Fund is a San Francisco-based venture capital firm founded in 2005 by Peter Thiel, Ken Howery, and Luke Nosek — all former PayPal executives. The firm manages over $12 billion and has backed transformative companies including SpaceX, Palantir, Airbnb, Stripe, and Anduril. Founders Fund is known for its contrarian investment thesis, favoring companies building revolutionary technology rather than incremental improvements. In AI, the firm has made significant bets on defense AI through Anduril and developer tools through Lovable, reflecting its preference for companies that leverage technology to reshape entire industries.