Found is a financial platform that empowers self-employed individuals and solopreneurs by providing tailored business banking, bookkeeping, tax solutions, and other essential tools. The company has experienced remarkable 20x user growth in the past year, serving a diverse customer base ranging from photographers and shop owners to rideshare drivers and Etsy creators. This rapid expansion recently helped Found secure $60 million in Series B funding led by Founders Fund.
Co-founders Lauren Myrick and Connor Shannon bring valuable experience from their 5 years working together at Square, where they helped simplify payroll taxes for small businesses. Inspired by this background, they founded Found to tackle the complex financial challenges faced by the fast-growing self-employed population, which is expected to represent the majority of U.S. workers by 2027.
The company plans to partner with platforms that have large self-employed user bases and continue expanding its team across all functions. As the gig economy thrives and self-employment becomes more prevalent, Found is strategically positioned to serve this underserved market. However, Found must navigate the complex and evolving tax regulations at both state and federal levels while differentiating itself in an increasingly competitive fintech landscape. The company's strong growth trajectory, backing from top-tier investors, and seasoned founding team make it an attractive opportunity for mission-driven talent looking to join a high-impact fintech startup.
2019
Founded
50-100
Employees
Series C
Stage
$250-$500M
Latest Valuation
$100-200M
Total Funding
Jun 11 2024
Last Fundraise
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Founders Fund
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