Founders Fund

San Francisco, United States · VC · Generalist

About

Founders Fund is a San Francisco venture firm founded in 2005 by Peter Thiel, Ken Howery and Luke Nosek, managing approximately $17B in AUM. A $4.6B late-stage fund closed in April 2025. The firm was the first institutional investor in SpaceX (now an $18B+ position) and Palantir (18.5x return). Industrial deep tech holdings include Anduril, where the firm led the $1B Series G at a $30.5B valuation, plus Neuralink, DeepMind, Saronic and Castelion. Trae Stephens leads the defence practice.

Industries

Stage focus

SeedSeries A

Geography

US

Notable investments

  • SpaceX
  • Palantir
  • Anduril
  • Neuralink
  • DeepMind

Raising from Founders Fund?

I've worked with founders across the industrial stack. If Founders Fund is on your list, I can help you map the introduction path, sharpen the narrative, and run a tight process.

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