Former Plaid and Robinhood vets raise $75m for early-stage VC fund

Exponent Founders Capital raises $75m in funding for startup investments

Exponent Founders Capital, an early-stage venture capital firm led by former Plaid and Robinhood staffers, has secured $75 million in funding for a new fund that will be used to invest in startups from a range of sectors, including fintech. To date, Exponent Founders Capital has raised a total of $125 million, with the new fund being oversubscribed primarily by nonprofit endowments and hospitals. Limited partners in the funding round include institutions such as Carnegie Mellon University and Cook Children’s Health Care System.