Founders Fund

By Dave Muoio 12:28 pm September 9, 2020
Cyrus Massoumi, the cofounder and former CEO and chairman of doctor search and appointment-booking platform Zocdoc, has filed a lawsuit alleging that his fellow cofounders and the company's CFO conspired to remove him from the company through "an elaborate series of lies and deceptions." The suit, filed yesterday in New York's Supreme Court, describes a series of events leading up to a Zocdoc...
By Laura Lovett 01:34 pm February 27, 2020
This morning digital physical therapy program Sword Health announced that it scored $9 million in the second phase of its Series A funding round, which brings the round's total to $17 million. Khosla Ventures led with participation from Founders Fund, Green Innovations, Lachy Groom, Vesalius Biocapital and Faber Ventures. This news comes roughly a year after the startup announced the $8 million...
By Dave Muoio 02:15 pm November 8, 2019
Data-driven smart bed maker Eight Sleep (formerly known as Luna) has raised $40 million in its latest investment round, announced Wednesday. The funding was headed by Founders Fund, and included support from Craft Ventures, Khosla Ventures, Y Combinator, 8VC, Flexport’s Ryan Petersen and Eventbrite’s Kevin Hartz. Alongside its prior rounds, this week’s news brings the company to a total raise of...
By Dave Muoio 01:41 pm July 22, 2019
The at-home exercise tech space has a new member as Pivot, service offering consumers recorded and live workouts that are tracked via sensor, has stepped out of stealth mode to unveil its launch later this year. The announcement coincides with that of a $17 million Series A funding round led by DCM, with additional participation from Bling Capital, Founders Fund, Khosla Ventures, Signal Fire and...
By Dave Muoio 12:10 pm June 17, 2019
Collective Health, an employee benefits platform that uses predictive analytics to match employees with programs, has raised $205 million in a Series E funding round led by SoftBank. New backers PSP Investments, DFJ Growth and G Squared also participated alongside returning backers Founders Fund, GV, Maverick Ventures, Mubadala Ventures, NEA and Sun Life. WHAT THEY DO Since its launch in 2013,...
By Jonah Comstock 02:59 pm August 1, 2018
Naked Labs, the San Francisco fitness company working on a turntable scale and smart body-scanning mirror, has raised $14 million in a round led by Founders Fund and has begun shipping its product to pre-order customers, with plans for full availability in Q4. NEA, Lumia Capital, Venture 51, and Seabed VC also contributed to the series A round. “Founders Fund is known for investing in big ideas,...
By Dave Muoio 03:38 pm February 28, 2018
Collective Health, an employee benefits platform that uses predictive analytics to match employees with programs, has raised $110 million in funding to scale operations. Participants in the financing round include existing investors NEA, Founders Fund, GV, and Maverick Ventures, as well as new investors Sun Life Financial and Mubadala Ventures. Word of the new funding comes amidst other headlines...
By Heather Mack 12:31 am January 18, 2017
A new kind of doctor’s office opened in San Francisco this week: Forward, a membership-based healthcare startup founded by former Googler Adrian Aoun that infuses a brick-and-mortar office with data-driven technology and artificial intelligence.  For $149 per month, Forward members can come to the flagship office that features six examination rooms – equipped with interactive personalized...
By Jonah Comstock 11:11 am February 23, 2016
Late last month we wrote, based on a report from Fortune, that tech saavy up-and-coming health insurer Oscar was raising at least $150 million in a round led by Fidelity. That round is now confirmed, according to Forbes, and it's for more than initially reported: a total of $400 million. The deal reportedly values Oscar at $2.7 billion, just a bit shy of the $3 billion valuation Fortune predicted...
By Aditi Pai 02:52 pm January 27, 2016
Palo Alto-based Neurotrack, which has developed an online cognitive assessment test, raised $6.5 million in a round led by Khosla Ventures with participation from Social Capital, Founders Fund, AME Cloud Ventures, and iSeed Ventures. This brings Neurotrack’s total funding to $9.5 million. Neurotrack has developed two offerings. The first is a five minute, web-based test, called Imprint Cognitive...