HomeUSAFounder Collective Closes Fund V, At $95M

Founder Collective Closes Fund V, At $95M

Founder Collective

Founder Collective, a Cambridge, MA-based seed-stage venture capital firm, raised $95m for its latest fund.

Founder Collective’s partners are the largest LP in Founder Collective V.

Led by General Partners David Frankel, Eric Paley, and Micah Rosenbloom, the firm invests in entrepreneurs building technology-driven companies across a broad range of industries. The portfolio includes AI for aircraft, high-end baby toys, performance trackers for elite athletes, and SaaS tools for solar energy production. Every founder they back works directly with a partner and has access to hundreds of fellow founders through the Founder Collective network.

Among its 350+ investments since 2009, Founder Collective has invested in two dozen startups that have earned $1B+ valuations.

In addition to the new fund, Founder Collective announced that Amanda Herson has been promoted to General Partner, and CFO Joe DeFilippi has been promoted to Partner.

VCWire

13/11/2023