vcvibes

Foundation Capital, LLCFirm match from fund name (lower confidence)

Foundation Capital Leadership Fund IV, L.P.

Open, writing first checks

Open: first sale Apr 2023, per Form D (fund age approximates vintage)

Vintage
2023
Fund size
$175.05M to $250M (Form D)
Stages
Pre-seed, Seed
Sectors
Enterprise SaaS, Fintech, Crypto and Web3
Regions
Not stated

01 · Thesis

Foundation Capital backs founders from day zero, committing early when a company is still an idea and the founder is determined to make it real. It wrote first term sheets for startups it later supported.Inferred from the firm's website

02 · Initial check

$1.17M to $3.13M (estimated from fund size)

Estimated from Form D: $175.05M sold of a $250M target

03 · Who to approach

Named on this fund's Form D

  • Steve Vassallo, Manager of the General Partner
  • Rodolfo Gonzalez, Manager of the General Partner
  • Ashu Garg, Manager of the General Partner
  • Joanne Chen, Manager of the General Partner

04 · Deals

No deals attributed to this fund yet.

05 · Evidence

  • Firm-wideCommits early, when a company is an idea and a founder is determined to make it real.

    We commit when it’s an idea and a founder determined to make it real.
    https://foundationcapital.com/

06 · Sources

  1. https://foundationcapital.com/
  2. https://www.sec.gov/Archives/edgar/data/1971070/000197107025000001/

Last verified: Oct 28, 2026