SV

Steve Vassallo

General Partner at Foundation Capital

San Francisco Bay Area

Overview 

Steve Vassallo is a General Partner at Foundation Capital in San Francisco Bay Area, with a focus on investing in Seed and Series A stages in sectors like ClimateTech/CleanTech and Consumer Internet. He has invested in notable companies like Helius, TrustLab, and Shennon Biotechnologies, showcasing a strong track record in identifying and supporting promising startups. With an MBA from Stanford University Graduate School of Business and a background in venture capital and private equity, Steve has demonstrated expertise in product management, entrepreneurship, and strategic partnerships throughout his career.

Work Experience 

  • Investor

    2023 - Current

  • General Partner

    2007

Foundation Capital is a venture capital firm made up of former entrepreneurs and helps companies and businesses grow.

  • Board of Directors

    2016

Cerebras Systems is an IT firm that develops computing chips with the sole purpose of accelerating AI.

Raised $715,000,000.00 from IPOSharks and Vishal Rao.

  • Investor

    2018

Solana is a blockchain platform designed for decentralized applications (dApps) and cryptocurrencies.

Raised $319,523,800.00 from Grand 365 Capital.

  • Board of Directors

    2019

  • Investor

    2014

Stripe is an API technology company that provides online payment processing and commerce solutions for Internet businesses.

Raised $9,440,247,725.00 from E1 Ventures.

  • Board of Directors

    2020

Anomalo allows users to continuously inspect and validate the data coming into their warehouses.

Raised $81,950,000.00 from Smith Point Capital, SignalFire, Databricks Ventures, Two Sigma Ventures, Norwest Venture Partners and Foundation Capital.

  • Board of Directors

    2024

  • Investor

    2022

  • Investor

    2022

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