Founders Circle Capital Raises $355M for Fund III

Founders Circle Capital

Founders Circle Capital, a San Francisco, CA-based growth stage venture firm, closed its Fund III, at $355m.

The fund will provide flexible capital to fast growing venture-backed companies. With the new vehicle, the firm is also expanding The Circle – a private leadership community of CEOs and CFOs building these same companies.

Founded in 2012, Founders Circle Capital provides 1) flexible capital to meet the needs of growth-stage companies and 2) a private leadership community called The Circle, connecting 250+ on-the-ground CEOs and CFOs who collectively engage in peer-to-peer professional development.

With total assets under management approaching $1 billion, Founders Circle has made 73 investments with 12 IPOs and 18 acquisitions, including Auth0, Databricks, DoorDash, DocuSign, Poshmark, Robinhood, Skillz, and Twilio.