Exponent

Exponent Founders Capital, based in New York City, is a $125 million early-stage fund specializing in software and fintech. The fund focuses on supporting founders from the earliest stages through IPO and beyond, with investments ranging from $0.5 to $5 million. Exponent’s portfolio includes notable startups like Plaid, Ramp, Robinhood, Alloy, Chronosphere, and Stytch. Led by Charley Ma and Mahdi Raza, both experienced in scaling startups from zero to substantial revenue, Exponent emphasizes a thematic market and customer-driven investment approach. They prioritize founders with deep experience in transformative markets, investing across verticals such as AI, fintech, payments, infrastructure, security, and application software. Their geographic focus spans the US, Europe, and Canada. Exponent is known for its hands-on support, leveraging a robust network to aid in design, hiring, and strategy. They are backed by non-profit endowments, hospitals, and over 50 unicorn founders and operators, reflecting a strong commitment to both financial returns and social impact.