Foundation Capital, LLCFirm match from fund name (lower confidence)
Foundation Capital XI, L.P.
Open, writing first checks
Open: first sale Apr 2023, per Form D (fund age approximates vintage)
- Vintage
- 2023
- Fund size
- $587.28M to $600M (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
$3.92M to $7.5M (estimated from fund size)
Estimated from Form D: $587.28M sold of a $600M target
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
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
Last verified: Oct 28, 2026