Steve Vassallo

Steve Vassallo

Signal active

General Partner

Bio

In his wallet, Steve Vassallo carries around the business card from his childhood snow-blowing business, a constant reminder that entrepreneurship is about grasping opportunity where you find it, even if your hands get cold and numb in the process. Of more recent vintage is the business card that identifies Steve as a venture capitalist at Foundation Capital, where he works with companies in the areas of cleantech, consumer, and software & services.

Steve serves on the board of directors of SunRun, Akiban, and Sentient Energy, and he is actively involved with eMeter, EnerNOC, and Serious Materials. Steve also serves on the board of the Nueva School and advises the Aquaya Institute, a nonprofit research and consulting firm focused on bringing safe water innovations to vulnerable populations.

Before joining Foundation Capital in 2007, Steve helped launch Ning, a consumer Internet service where anyone can create their own social network for any passion, any cause, anything.Prior to Ning, Steve was Director of Mechanical Engineering at Immersion [IMMR], which pioneered the field of tactile feedback and human touch technology.Prior to Immersion, Steve was a project leader and design engineer at IDEO, where he developed more than a dozen successful products for market leading companies including Cisco, Nike, BMW, Steelcase, McDonalds, and Caterpillar.

An entrepreneur who lives at the intersection of business, technology, and design, Steve's innovations have won him over 28 patents and several design awards, including the Business Week Design of the Decade Award, red dot 2009, IDEA99 Gold and Bronze Awards, NeoCon Gold and Most Innovative New Product Awards.Steve earned a B.S. in Mechanical Engineering from Worcester Polytechnic Institute, an M.S. in Mechanical Engineering from Stanford University, and an M.B.A. from the Stanford Graduate School of Business, where he was an Arjay Miller Scholar.When Steve is able to break away from brainstorming the next big idea, he enjoys building Lego robots with his three children and bicycling through the Palo Alto foothills with his wife and best friend, Trae.

Location

San Francisco, California, United States, North America

Social

Primary Organization

Foundation Capital

Foundation Capital

Founded

1995

Investment

738

Lead investment

199

Exits

170

Employees

11-50

Industry

Financial Services, Venture Capital, Finance, FinTech

Jobs history

1

Board Member

2018 - Current

Board and Advisor Roles

0

N/A

Invest in regions

Profile Resume

Steve Vassallo is the General Partner at Foundation Capital, based in United States, North America. With a background in Financial Services, Steve Vassallo has a rich history of leadership and innovation. Steve Vassallo studied MBA unknown @ Stanford University. Explore their detailed professional journey, key connections, and contributions to the industry on our platform.

Recommendation from your interest

N/A

Investment portfolio

N/A

Number of investment

1

Number of exits

0

Personal investment

0

There is no personal investment available on this profile

Partner investment

23

Annouced DateOrganization NameFunding RoundInvestor NameMoney Raised
Mar 13, 2023
Shennon Biotechnologies Shennon Biotechnologies
Seed Round - Shennon Biotechnologies
Shennon Biotechnologies Foundation Capital
13.0M
Jun 15, 2023
Trust Lab Trust Lab
Series A - TrustLab
Trust Lab Foundation Capital
15.0M
Feb 22, 2024
Helius Helius
Series A - Helius
Helius Foundation Capital
9.5M
Jul 10, 2024-
Series C - Mantle
Foundation Capital
20.0M

Exits

0

There is no exit available on this Profile

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Recent Activity

There is no recent news or activity for this profile.