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Founders Network Fund
Kevin Holmes runs Founders Network Fund, a seed-stage vehicle that invests exclusively in startups from his 600-member invite-only founder community.
Founders Network Fund
FN Fund is a seed-stage venture capital firm affiliated with Founders Network (FN), an invite-only community of tech startup founders.
General information
Firm type
Private Equity
Year founded
2011
AUM
Undisclosed
Location
Region
North America
Country
United States
City
San Francisco
Corporate office
San Francisco, CA, United States
Principals
Kevin Holmes
General Partner
Tara Perillo
Operations Manager
Sector focus
Frequently asked questions
How does Founders Network Fund source its deals?
Deal flow comes exclusively from Founders Network, the invite-only peer mentorship community of over 600 tech founders that General Partner Kevin Holmes started in 2011. Because all portfolio companies must be members, the fund’s pipeline is effectively captive — it does not compete in the open market for access to these founders.
What is the relationship between Founders Network Fund and Founders Network?
Both were established in 2011 by Kevin Holmes and operate out of San Francisco. Founders Network is the membership organization — an online platform with educational programming and personalized support for tech founders. Founders Network Fund is the affiliated seed-stage venture capital vehicle that invests exclusively in member companies.
Does Founders Network Fund operate as a traditional venture fund?
It uses a deal-by-deal model rather than a blind pool. Accredited investors are matched with individual opportunities from the top decile of Founders Network startups, typically at the pre-seed and seed stages, with standard checks between $25,000 and $250,000.
Who runs investment decisions at Founders Network Fund?
Kevin Holmes, the General Partner who founded both the fund and the underlying network, leads investment decisions. Tara Perillo, previously an operations manager at Y Combinator and Kindred Ventures, supports fund operations — though the firm has not publicly detailed an investment committee structure.
Which sectors does Founders Network Fund target?
The firm invests broadly across technology sectors represented in the Founders Network membership. Historical unicorn outcomes from that pipeline span developer tools (Docker), enterprise SaaS (ProductBoard), identity verification (InCode), fintech (Paystand), and customer engagement platforms (Braze), consistent with an enterprise-software and fintech tilt.
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