Steve Vassallo is a General Partner at Foundation Capital, where he invests from pre-inception through Series B across enterprise, fintech, frontier tech, and design, and co-leads the firm’s crypto practice. He is operating from a $600M fund raised in March 2025 and primarily invests in the United States, with a focus on the San Francisco Bay Area and the broader West Coast. He serves on the boards of Cerebras Systems, Loft Orbital, Anomalo, and Helius, and has invested in companies like Solana Labs, Stripe, Layer, Teleport, and Sidebar. Before Foundation Capital, he was Vice President of Product and Engineering at Ning, Director of Engineering at Immersion, and a Project Leader and Design Engineer at IDEO. Steve graduated from Worcester Polytechnic Institute and lives in Palo Alto, California.
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