Spinwheel has raised a $30M Series A 🎉 They're picking up where open banking left off by unlocking real-time access to credit cards, student loans, mortgages, and other debt products. Congrats to the Spinwheel team! More from Axios: axios.com/pro/fintech-de…

Campfire is kicking off the week with a $35M Series A 🎉 John Glasgow & Campfire team have built an ERP that works the way teams operate today, cutting tasks and giving finance teams a clear view of the business without the usual ERP overhead. More: meetcampfire.com/blog/campfire-…

Excited to share our thoughts on how we see the future of money movement as stablecoins extend their reach! Foundation Capital foundationcapital.com/rewriting-the-…

18 months in, AI isn’t eating SaaS—it’s eating the $4.6 TRILLION services budget. Our latest blog tracks the first year of Services‑as‑Software companies and distills lessons for founders

"Visa and Mastercard generated a combined $64B in revenue across 400B transactions last year. If these 400B transactions were executed on Solana, total fee revenue would be closer to $400M, a 99% reduction in cost to merchants." -Foundation Capital just use Solana.

It’s been just over a year since we introduced the idea of a new AI startup model: Services-as-Software. Since then, we’ve studied dozens of founders building across legal, healthcare, customer support, RevOps, and procurement. And while the models and markets vary, four

Over the past 18 months, stablecoins have moved from the edges of fintech into the spotlight. But this is just the beginning. Integration with the broader financial system is only starting to accelerate. At Foundation Capital, we believe stablecoins - and the composability they

Congratulations to AirMDR on their $15.5M seed round! We incubated the company alongside CEO Kumar Saurabh in summer 2023 and led their initial $5M round. We're proud to continue backing this exceptional team as they leverage AI agents to bring a Fortune 500 quality SOC

In Vancouver for ICML? Jaya Gupta, Joanne Chen and I will be at the Turing Happy Hour TONIGHT with our friends Jonathan Siddharth and Vijay Krishnan, CTO @ Turing.com (co-founders of Turing) and Robert Nishihara (co-founder of Anyscale). Starts at 5:30pm. No promises on how late it goes.. 🔗

Making the most of ICML in Vancouver? Come grab a drink with us TONIGHT! We’re co-hosting the Turing Happy Hour for AI & LLM Leaders with the teams from Turing and Anyscale. ashu garg and Robert Nishihara will share thoughts on how frontier labs are using RL Gyms to

PlayerZero has emerged from stealth with $20M in funding 🎉 Founder Animesh Koratana and team have built the first predictive software quality platform to solve code quality issues with applied AI. “PlayerZero's unique ability to automate debugging and predict problems before they

Introducing Kombai, the first AI agent built for frontend development. Kombai vastly outperforms SOTA models + generic agents in real-world benchmarks. Watch it add a complex new feature to an OSS codebase with 500K+ lines of code. More use cases and links in comments

Companies are beginning to realize that AI code generation introduces an entirely new set of challenges. Instead of coding, enterprise teams now spend up to 70% of their time investigating and fixing AI-generated bugs. The same AI tools that promised to speed up development are

Most financial institutions still run on people pretending to be software. Behind the polished apps and established systems is a hidden workforce doing what looks like automation, but isn’t. It’s a single human from compliance, manually pulling data from System A,

Foundation model providers like OpenAI and Anthropic have abandoned the pure infrastructure play. They're vertically integrating at unprecedented speed: OpenAI's Agent Mode, Claude Code, Deep Research. Your startup's success becomes their product roadmap. Build something

Foundation model providers like OpenAI and Anthropic have evolved from simple API providers into full-stack product companies. They see which apps take off and which features keep people coming back, then fold those capabilities into their own tools. So how do you survive when

Every year, companies spend a staggering $140B on traditional ways of understanding their users like surveys and focus groups. This manual, episodic approach is quickly becoming outdated. AI agents are taking over tasks that used to eat up weeks, handling everything from

Applications are now open for our 8th cohort of IIT Build. IIT Build is Foundation Capital’s early-stage accelerator for IIT alumni — and one of the most coveted founder communities in the Bay Area. We’ve backed 60+ IIT founders to date, and we’re looking for our next 8 to