About Foundry
Foundry is a Financial Services company based in United States founded in 2020. Scientists are empowered to reduce human suffering through capital and company-building expertise provided by the firm. It operates on a Technology-Driven and Financial & Investment model. Foundry offers products and services including Venture Engineering. Its focus areas include Healthcare, Biotechnology and Medical Innovation. Its legal entity is Formation Venture Engineering.
Company details
Human suffering is fought by aligning economic and scientific incentives for scientists. Breakthrough intellectual property is identified from leading institutions, cross-pollinated across disciplines, and co-founded into companies using a rigorous Venture Engineering process. The focus is on major diseases such as cancer, neurodegeneration, mental health, pain, chronic inflammation, and sleep disorders, addressing unmet medical needs worth over 800 billion. A venture holdco model is utilized to deliver fast, equitable outcomes for stakeholders in the healthcare and biotechnology sectors.
- Headquarters United States
- SectorsFinancial Services
- Website formationve.com
- Legal Name Formation Venture Engineering
- Latest Funding Round$275.39K (USD), Grant
Sep 2023
- Investors
Products & Services of Foundry
Foundry offers a comprehensive portfolio of products and services, including Venture Engineering.
Breakthrough intellectual property is identified and co-founded into companies through a rigorous process to de-risk commercial opportunities.
Funding Insights of Foundry
- Total Rounds 2
- Last Round Grant — $275,389
- First Round $734,781
(Jun 2023)
- Investors Count 1
All 2 funding rounds of Foundry with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
1 investors in total: 1 institutional.
Investors in Foundry
Foundry has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include HHS.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Public health and human services are overseen by HHS. | 1953 | hhs.gov |
Investor details for Foundry
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Foundry
1 people are tracked at Foundry (1 in leadership).
| Name | Role | Group |
|---|---|---|
Rahul Bhansali | CEO | Leadership |
Complete people profiles for Foundry
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Foundry
3 dated milestones of Foundry across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Foundry is founded.
- Funding First funding round of $735K.
- Funding Latest funding round, Grant, of $275K.
Web traffic of Foundry
The website of Foundry (formationve.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 114.3% vs previous month
Top companies in Investment & Wealth Tech
3 companies that operate in the same segment as Foundry (Investment & Wealth Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based website builder tool | 2003 | New York, New York, United States | USD 591.5 M | USD 16.79 M | 2,161 | |
Alternative investment platform for startups and investors is operated. | 2010 | San Francisco, California, United States | USD 100 M | 523 | ||
Web3 infrastructure solutions are offered via a blockchain platform. | 2021 | Palo Alto, California, United States | USD 336 M | 186 |
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Frequently Asked Questions about Foundry
Foundry was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Foundry is headquartered in United States.
Human suffering is fought by aligning economic and scientific incentives for scientists. Breakthrough intellectual property is identified from leading institutions, cross-pollinated across disciplines, and co-founded into companies using a rigorous Venture Engineering process. The focus is on major diseases such as cancer, neurodegeneration, mental health, pain, chronic inflammation, and sleep disorders, addressing unmet medical needs worth over 800 billion. A venture holdco model is utilized to deliver fast, equitable outcomes for stakeholders in the healthcare and biotechnology sectors.
Foundry offers Venture Engineering.
Foundry has 1 investor. Key investors include HHS.
Foundry operates through Formation Venture Engineering.