People like stuff. Objects hold deep meaning for us, and they provide us with a vehicle for connecting with others and building community. Manifestations of this that quickly come to mind are classic car clubs and vintage guitar forums on the internet. Many objects that capture people’s imaginations have seen their value buoyed by the […]
We are pleased to announce our recent Series A investment in Mandolin, made alongside our partner fund High Alpha Capital, and co-led by 645 Ventures, with Marc Benioff’s TIME Ventures joining the round as well. Mandolin, based in Indianapolis, Indiana, is revolutionizing the way that musicians connect with their fans by creating unforgettable experiences in […]
We are pleased to announce our recent investment in Recount Media’s Series B financing. We led the round with our partner funds, Union Square Ventures and True Ventures, also participating. Founded in 2019 by journalist John Heilemann and media veteran John Battelle, Recount Media is a leading media platform that produces high-quality content across a […]
It’s no surprise that early-stage boards aren’t as diverse as they could be, but we were surprised to see that today, only ⅓ of companies have independent directors. Today, 85% of directors on Foundry direct portfolio company boards are White, and 57% of our companies currently have open board seats. As such, there is a […]
We are pleased to announce our investment in Avid Ventures Fund I, the debut fund of emerging manager Addie Lerner. Based in New York, Avid backs exceptional founders at the Series A and B stages building transformative technology companies. Avid takes a hands-on approach to help founders evolve early-stage companies into proven growth businesses with […]
