Foundry is a technology studio that develops practical, profitable artificial intelligence SaaS products in collaboration with the Global 2000. We work closely with executives to identify business units and processes that can be improved through the use of AI. If we jointly see an opportunity that also has broader market value, we deploy a combination of existing building blocks and custom work to develop a licensable solution. For us and our Launch Partners, this is a win-win — customers solve key problems that impact their bottom line (and gain a percentage of later revenues), while Foundry takes the solution to market as a licensable SaaS product. As a result, Foundry is now the parent company to several successful solutions which have spun out as wholly-owned subsidiaries that license SaaS products in healthcare, telecommunications, consumer goods, and more.
Location: United States, District of Columbia, Washington
Employees: 11-50
Total raised: $67.7M
Founded date: 2015
Investors 1
| Date | Name | Website |
| - | Accolade P... | accoladepa... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 12.06.2018 | - | $67.7M | - |
Mentions in press and media 3
| Date | Title | Description |
| 12.06.2018 | Foundry.ai Raises $67.7M Venture-capital Fund | Foundry.ai has raised a $67.7 million maiden venture-capital fund, according to a filing with the SEC. The Washington, D.C.-based startup studio gathered the capital from 25 LPs. The firm is run by Jim Manzi, founder of Applied Predictive T... |
| 12.06.2018 | AI Enterprise Software Studio Foundry.ai Raises $67M in Funding | Foundry.ai, a Washington DC-based creator of artificial intelligence (AI) software solutions for large enterprises, closed its first fund, Foundry Fund I. The first close of $67m will allow Foundry to expand growth and solution creation bey... |
| 12.06.2018 | Foundry.ai Raises $67.7M Venture-capital Fund | Foundry.ai has raised a $67.7 million maiden venture-capital fund, according to a filing with the SEC. The Washington, D.C.-based startup studio gathered the capital from 25 LPs. The firm is run by Jim Manzi, founder of Applied Predictive T... |