# Foundation

> Foundation is a buyer experience platform for homebuilders - often described as 'Shopify for Homebuilders.' It brings the shopping, purchasing, and owning of a newly built home online through white-labeled buyer apps, an operator control center, and warranty tooling, so builders can sell more homes more efficiently to happier customers. Founded in 2023 by former Opendoor operators, it went through Y Combinator's Summer 2023 batch.

- **Founded:** 2023
- **Headquarters:** Boulder, Colorado, United States
- **Founders:** Luke Groesbeck (Co-founder & CEO), Derek Schairer (Co-founder), Graham Place (Co-founder)
- **Team size:** ~4-14 (YC listed 4; some records list up to 14)
- **Products:** Buyer Experience Platform, Operator, Ownership Experience, WarrantyOS, Owner Network
- **Notable:** Went through Y Combinator's Summer 2023 batch, Grew 5x in 2025, Builders on the platform collectively sold 10,000+ homes a year by end of 2025 - the scale of a top-10 US homebuilder

## Products & services

- **Buyer Experience Platform** — White-labeled mobile and web apps that guide homebuyers from contract to closing with milestone tracking, media-rich progress updates, document access, and messaging.
- **Operator** — A control center for a builder's sales, closing, and operations teams to manage buyers and milestones, coordinate handoffs, and automate routine communication.
- **Ownership Experience** — A post-close homeowner app and portal for warranty requests, home details, and ongoing engagement after the keys are handed over.
- **WarrantyOS** — An AI-accelerated warranty management system built for homebuilder warranty teams to handle requests faster and more transparently.
- **Owner Network** — A curated vendor marketplace and re-engagement layer that turns the owner base into a recurring revenue and referral channel for builders.

## Achievements

- Went through Y Combinator's Summer 2023 batch
- Grew 5x in 2025
- Builders on the platform collectively sold 10,000+ homes a year by end of 2025 - the scale of a top-10 US homebuilder
- Signed national, regional, and local homebuilders including Trumark, Legend, Betenbough, and Thrive

## Latest updates

- **2023-08** — Foundation participates in Y Combinator's Summer 2023 batch as 'Shopify for Homebuilders.'
- **2024-01** — First builder customers go live, including national builders selling tens of thousands of homes a year plus regional and local builders.
- **2025-12** — Company reports 5x growth in 2025, with platform builders collectively selling 10,000+ homes a year.

## Links

- Website: https://buildwithfoundation.com
- LinkedIn: https://www.linkedin.com/company/foundation-tech/

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Profile page: https://yespress.io/foundation
Published by YesPress — https://yespress.io
Last updated: 2026-08-05