Founders Fund

Founders Fund is a San Francisco-based venture capital firm founded by Peter Thiel, Ken Howery, and Luke Nosek (PayPal co-founders). Known for making bold, contrarian investments in transformative technology companies, they have backed some of the most successful companies of the past two decades including SpaceX, Palantir, and Airbnb. Their healthcare investments focus on breakthrough technologies in genomics, longevity, and drug discovery.

Location
San Francisco, California, USA
Founded
2005
AUM
$11B+
Investment Range
$500K - $500M+
Portfolio Companies
1
Focus
generalist
Fund Stages
seed, series-a, series-b, series-c, growth

Investment Thesis

Founders Fund invests in companies building transformative technologies that others may consider too ambitious or unconventional. They seek founders tackling hard problems with breakthrough approaches. In healthcare and life sciences, they focus on companies using technology to fundamentally reimagine drug discovery, diagnostics, and longevity research.

Team

Partners / Managing Directors (Health & Bio Focus)

  • Peter Thiel - Co-Founder & Partner
  • Brian Singerman - Partner
  • Napoleon Ta - Partner
  • Trae Stephens - Partner

Other Key Team Members

  • Keith Rabois - Former Partner (now at Khosla Ventures)
  • Cyan Banister - Partner
  • Lauren Gross - Partner

Focus Areas

  • Technology
  • Aerospace & Defense
  • Healthcare Technology
  • Genomics & Sequencing
  • Longevity & Aging
  • AI/ML
  • Biotechnology
  • Drug Discovery

Notable Portfolio Companies (Healthcare/Biotech)

  • Ultima Genomics - $600M funding round (2022, next-gen sequencing at $100/genome)
  • Neuralink - Brain-computer interfaces
  • ResearchGate - Scientific research platform
  • Stemcentrx - Acquired by AbbVie (2016, $5.8B)

Notable Exits

  • SpaceX - Continuing (valued at $180B+)
  • Palantir Technologies - IPO (2020, NYSE: PLTR)
  • Airbnb - IPO (2020, NASDAQ: ABNB)
  • Facebook - IPO (2012, NASDAQ: META)
  • Stemcentrx - Acquired (2016, by AbbVie for $5.8B)

Sources

Portfolio Companies

NameLocationFoundedCategories
Ultima GenomicsFremont, California, USA2016
genomics-sequencingbiotech+1