Founder Collective is a seed-stage venture capital firm founded in 2009 by former founders including David Frankel and Eric Paley. The firm maintains offices in New York City and Cambridge, Massachusetts. It focuses on building the most aligned fund for founders at the seed and pre-seed stages, remaining sector-agnostic and proudly anti-thematic. With over 350 investments since inception, including two dozen startups reaching $1B+ valuations, the firm keeps fund sizes small, below $100M, to prioritize founder alignment. In Nigeria, Founder Collective invested $42.6M across 6 rounds from September 2014 to December 2021. The firm targeted seed (3 rounds), Series A (2 rounds), and Series B (1 round) stages, with a focus on EdTech (4 rounds) and HR & Talent (2 rounds). Key investments include uLesson, an EdTech platform offering curriculum-aligned lessons, quizzes, and exam practice, and Andela, a talent platform for hiring pre-vetted global engineers and AI talent. The firm has co-invested with partners such as TLcom Capital, Owl Ventures, and Learn Capital in these rounds.
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