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Foundation Capital, LLC

Foundation Capital Leadership Fund III, L.P.

Follow-ons only

Follow-ons only: no first sale reported; age from Form D filed Jun 2021 (approximate)

Vintage
Unknown
Fund size
$300M (Form D)
Stages
Not stated
Sectors
Not stated
Regions
Not stated

01 · Thesis

Foundation Capital Leadership Fund III is named as a fund behind EvolutionIQ, a portfolio company that was sold to CCC Intelligent Solutions. The available pages give no further detail on this fund's strategy.

02 · Initial check

$3M to $5M (estimated from fund size)

Estimated from Form D

03 · Who to approach

Named on this fund's Form D

  • Steve Vassallo, Manager of the General Partner
  • Ashu Garg, Manager of the General Partner
  • Charles Moldow, Manager of the General Partner

04 · Deals

No deals attributed to this fund yet.

05 · Evidence

  • Leadership Fund 3 is named as a fund behind portfolio company EvolutionIQ, which was sold to CCC Intelligent Solutions. The pages give no further detail on this fund's strategy.

    I am thrilled to announce the successful sale of Foundation Capital Fund 9 and Leadership Fund 3 portfolio company EvolutionIQ.
    https://foundationcapital.com/ideas/news

06 · Sources

  1. https://foundationcapital.com/ideas/news
  2. https://www.sec.gov/Archives/edgar/data/1865882/000186588221000001/

Last verified: Oct 28, 2026