The Founder Institute is the world’s largest pre-seed startup accelerator, having helped launch over 4,500 companies across 225+ cities and six continents. The company was founded in 2009 by serial entrepreneur Adeo Ressi and his colleague, Jonathan Greechan. The idea for the program spawned from operating TheFunded.com, where it became apparent that most entrepreneurs at the idea and launch stages lacked the structure, feedback, and support network needed to be successful.
News of the launch was announced on TechCrunch, the first Founder Institute program methodology was crowdsourced by over 10,000 CEO members of TheFunded.com, and the inaugural program started in May 2009 in a small classroom at Stanford University. There were originally no plans to expand beyond Silicon Valley, but upon receiving immense inbound interest to launch the program in other cities, the Founder Institute began to expand. Today the program operates across 225 + cities and is localized into 9 languages.
In total, Founder Institute Alumni have raised over $950M and are worth an estimated $35B.