Foundry Group: Partnering with Portfolio Companies to Provide Aid
This piece is shared as part of Pledge 1%’s #GivingTuesdayNow campaign, which highlights how Pledge 1% members and the business community are coming together as a force for good to combat COVID-19.
Foundry Group and some of our portfolio companies have been working hard to provide assistance and relief during these challenging COVID-19 times. Foundry helped launch the Finance Assistance Network (“FAN”) to provide pro-bono financial assistance to any company that wants it. There have been 150+ companies helped by ~70+ volunteers to date. Foundry also helped launch the Colorado Talent Network to help people who were laid off find their next job. We have 500+ people in the database to date.
Below are some of our companies that have been working to help the community in COVID-19 times:
Molekule – Rapidly deploying units to hospitals and first responders (FDA approval for RxPro)
Glowforge – Lasercut mask designs and initiative to print and distribute one million “ear savers”
Glowforge – Lasercut mask designs and initiative to print and distribute one million “ear savers”
Xometry – Open source CAD designs and critical need projects
Zack Rosen, CEO Pantheon (a Foundry Group portfolio company) co-founded covidactnow.org – a tool that shows how 50 states & 2,000 counties in the US are tracking against three key operating metrics required to safely reopen.
Originally posted: May 5th, 2020
