FounderPool
Equity pooling platform for startup founder diversification.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| Total Funding | 000k | ||
FounderPool operates a platform designed to mitigate the financial risks for entrepreneurs of VC-backed companies by enabling them to pool a portion of their personal equity. This model allows founders to diversify their individual holdings, effectively creating a shared portfolio with a community of peers. By contributing a fraction of their equity to a collective pool, members gain a stake in the success of other participating startups, thus reducing the all-or-nothing risk profile inherent in a single venture.
The company was founded in 2022 by Ben Jennings and Jonathan Lo. Ben Jennings, the CEO, previously worked in venture capital at Bessemer Venture Partners, where he focused on SaaS and developer platform investments. Jonathan Lo, the CTO, has a background as a Staff Software Engineer at Google. Their combined experience in venture capital and software engineering informs the company's mission to create a safety net for founders.
FounderPool's service is targeted at founders of venture-backed startups. The platform facilitates the creation of these equity pools, managing the legal and administrative framework required for such arrangements. In essence, it unlocks a portion of a founder's illiquid net worth, providing downside protection while allowing them to share in the upside of a broader segment of the startup ecosystem.
Keywords: founder equity, risk mitigation, equity pooling, startup diversification, founder community, venture capital, portfolio diversification, founder liquidity, de-risking, founder network