FoolFarm is a venture studio that harnesses the use of artificial intelligence to create innovative solutions for the big challenges of today. With the collective aspirations of our outstanding founder's team, we build companies from inception to market launch. We innovate, ideate, and validate to address some of the most pressing issues in human capital, healthcare, wellness, and other traditional industries.
Founded in 2020 by Andrea Cinelli, the studio is backed by VC firms and investors, along with the FoolFarm teams’ combined experiences as AI pioneers, entrepreneurs, venture capitalists, and operators.
We bring founders and great business ideas together to maximize the chance of success and further provide funding along with support services in recruiting, accounting/finance, marketing, IT, and an ecosystem to work in. This allows our founders to do what they do best — build great companies.
Within our Venture Studio, we start with an idea, then early in the process, we bring in a co-founder to own customer validation, coming up with a validated solution, prototyping, and owning the build to an MVP. Working alongside some of the pioneers in AI will help you excel that initial concept to rapid customer adoption. As well as FoolFarm being your co-founder, we provide the camaraderie of a startup community where you will always find someone who can share their experiences or process they have gone through.
Come join the team and make your impact on the world.
Are you ready to start or expand your entrepreneurial journey? Are you intrinsically motivated to build a company? We are looking for co-founders who have enthusiasm and conviction and can overcome almost any roadblock put in their way. The goal together is coming out on the other side with a great success story.
on 13th of July FOOLFARM HAS LAUNCHED THE FOUNDING ROUND www.thefoundinground.com
Foolfarm S.p.A is a Legal Entity incorporated in Italy and registered as an innovative Start-Up (Innovative S.p.A). Starting on the 13th June, FoolFarm opened its own round, The Founding Round of financing which will end by July 31 2020 looking for new Founders and Co-Founders. If you are interested to join us, write us: email@example.com. You can apply online to the round from here: THE FOUNDING ROUND . This is a reserved area Looking for FOUNDERS AND CO-FOUNDERS with unbridled passion driven by a desire for greatness.
Do you have a business idea?
We help entrepreneurs ship digital products, from concept to final product. We also invest through a co-building formula, named BeFool. We help define and design your business idea.
We'll work together with your team on product specs and then assemble an efficient team to tackle on the challenge.
We know what building is about and have the experience of building startups on rapidly changing environments.
We work on entrepreneurs' best interests and we guide through the execution in order to ship a product resourcefully in the shortest time.
That's the Fool way.
Are you going to start your startup?
Let's be your co-founder. Our investment goes in exchange for equity shares, and we like to join early-stage ventures.
Entering our stable means growing with greater security and having greater certainty of reaching the Big event!
We provide all services as well as capital to our startups in a shared way helping them to grow in a new and safer way.
A laboratory continuously experimenting and shipping internet products. Makers. Builders. Creators, working together, and having fun.
We're fully committed to finding new ideas and opportunities that together with a great product, technology and team can disrupt potential markets.
It all starts with a deep market analysis where we aim to identify potential ideas and opportunities for growing markets. It can be new ideas, proven businesses within other markets or optimizations for current broken business models.
Our potential ideas are defined and exposed to more analysis and critical thinking processes in order to come up with a shortlist, that will then be tested and validated with our world-class advisors.
Once our mind is clear and we know the strategies for product development, technology, and go-to-market, we move on to create the prototype.
Then we do a BeFool MVP process to test the market fit and only the ones that get validated will move on to the next stage:.
OUR MAKERS FARM
We've got a culture of makers, and our formula is about mixing it with our passion for entrepreneurship.
Life at Fool Labs is pretty much like having permanent hackathons, fun coding sessions, even at night from time to time where we team up to explore on ideas and build prototypes.
Fool invests resources in these products and pushes them forward in order to get metrics and understand insights from the market.
Products with traction will require yet more resources, that’s when we get a series of investments in order to keep building the team and business and make the product an independent business/spin-off.
We partner with large corporations to de-risk the process of creating new future-proof business models that have the potential to contribute significantly to group profits within 3-5 years.
We address the needs of corporations with the tempo, technologies & talents of the startup ecosystem.
Co-create the next generation of suppliers. We work with leading corporations to build new startups that solve industry challenges.
Build marketplaces and distribution platforms. Leverage FoolFarm’s network to bring a critical mass of ecosystem players together in a joint-venture.
Invest in value added service providers. Build new agile companies that offer complimentary value to your customers.
Experiment and validate new business models. Outsource the risk in testing radical new business concepts.
Our Venture Studio creates new startups from the ground up. Everything is created internally: the idea for the startup, market validation, the initial prototype (or MVP), and the initial team. We support our startups with in-house recruiting, marketing, legal, finance, and administrative services to help each company scale quickly and effectively. We are usually the first to invest in a Startup.
HOW DO YOU DECIDE WHAT STARTUPS TO BUILD ?
Every 6 months we launch a new contest on this website. Anyone with a great AI idea can apply. We are pursuing opportunities where AI can address a market need or move the world forward in some way. Specific ideas are chosen based on our team’s market insights, modern AI capabilities, and our ability to build the right team to scale the idea.
I WANT TO JOIN A FOOLFARM STARTUP AS AN EARLY EMPLOYEE. HOW CAN I WORK WITH YOU?
Please apply for a position here!
I HAVE A GREAT IDEA FOR AN AI STARTUP. HOW CAN I WORK WITH YOU?
We would love to hear from you! As a Venture Studio, we do not typically invest in existing companies. A good rule of thumb: if you’ve already got a pitch deck, or you’re already incorporated, you’re further along than a typical AI Fund company. If you’ve got a great idea, please get in touch.
WHY DID YOU CHOOSE THIS MODEL FOR FOOLFARM ?
Building startups is hard. The Venture Studio model allows us to give our companies more support than typical VC firms. Specifically, we believe our model makes startups more likely to succeed because:
DOES FOOLFARM INVEST IN SEED ROUNDS, SERIES A OR BEYOND?
It is not our primary business to make outside investments, and we will not do so except in very rare cases. We are building up new companies in-house with entrepreneurs. We’re happy to talk to existing startups if we can be helpful in some way, but outside investing is not the core of what we do. When we meet with an interesting startup, we usually offer to introduce them to other investors, rather than invest directly or we can provide our services through our Garage division that offers a-la-carte Startups' services. If you have a startup and would like to talk If you’ve got a great idea, please get in touch.
Do you want to work with us? Do you have any idea? We are looking for talents to join our team.
We can't wait to meet you! Write to firstname.lastname@example.org