Foundry.ai Reviews

4.3

81% would recommend to a friend

(16 total reviews)

Jim Manzi and Ned Brody

76% approve of CEO

81% positive business outlook

Foundry.ai has an employee rating of 4.3 out of 5 stars, based on 16 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Foundry.ai employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.9 stars).

Reviews by job title

16 reviews
1.0
25 Feb 2021
Recommend
CEO approval
Business outlook

Pros

You can expense a lot of things, free health care, 401K match.

Cons

None of the ML/AI Companies in this incubator are real. The 2 guys in charge have a sales pipeline of fortune 1000 companies, but this results in corporate consulting projects and no real incubator companies. You will be doing 100% consulting work, in a consulting culture, led by 2 previous consultants. There is no diversity, and the blatant sexism in the office will probably keep it that way. They will treat you as any expendable employee at any consulting firm. The main selling point of a startup incubator is the diversity in equity you are given. Not only do many employees feel purposefully bamboozled about their equity, but I don't know of a single experienced engineer who believed it would EVER be worth anything. Working at Foundry, you will be doing consulting projects and being told you are building companies. There is a reason why every senior/experienced engineer has left.

avatar
Foundry.ai Response
5y
Thank you for the candid feedback to consider as we continue to grow and shape our company. We are glad to hear that our benefits were a highlight of working at Foundry but saddened that your overall time on our team wasn’t what you had envisioned. We take the subjects you've raised seriously, especially equity and diversity in the workplace. As we continue to expand, we are intentional in our goal to improve our exposure to more diverse applicant pools. We have more work to do in that regard but are proud of the strides that we, as a company, have made in improving gender diversity and the growth of our POC team members. We’ve always aimed to create highly competitive compensation packages, and what we offer today has been thoughtfully crafted to provide both long and short-term value. It’s our philosophy that employees deserve stakes in the businesses they’re making, and we achieve this through equity. More fundamentally, we offer our employees equity because of how highly we value it. In fact, equity makes up the majority of our senior executives’ compensation packages. Developing the existing AI/ML-powered software solutions offered by Foundry and its operating companies is core to what we do. In addition to this, our unique business model enables us to selectively work with executives to target unaddressed business challenges and bring entirely new technology to bear. This part of the Foundry model, called ‘launch partnerships,’ often requires technical staff to iterate between code and the strategic problem that code is trying to solve. It's our goal to make this incredibly transparent in hiring to help grow a team that is excited to tackle both sides of the Foundry business model, including aspects somewhat similar to consulting. We’re thankful for your contributions to the team and wish you the very best of luck in your next role!
2.0
13 Apr 2021
Recommend
CEO approval
Business outlook

Pros

Lots of growth opportunities and you can get a lot of hands-on experience with revolutionary technology. Most of the staff seem to really like each other and I keep in frequent contact with a lot of people still in the company. Incredibly intelligent colleagues.

Cons

There was over 15% company-wide turnover in the first quarter of 2021. This should be a red flag to anyone interested in Foundry. Diversity is considered exclusively in terms of race and gender. Even when you see the answer to one of the one-star reviews, there is no discussion of the other egregious amounts of discrimination against age and socioeconomic background. The whole recruiting process is focused on recruiting on college campuses, and it seems almost all experienced referrals were immediately rejected by management without any explanation. Additionally, people with SAT math scores below 750 were immediately kicked out of the pipeline. (Only 9% of all people who meet this threshold are either Black or Hispanic.) They are very keen on talking about a competitive compensation compared to the FAANG group, but the compensation has slipped to around 50% of what FAANG peers earn without a discussion to resolve this issue. There is so much money raised that there is no rush to pivot.

5.0
23 Sept 2020

Excellent COVID-19 response

Recommend
CEO approval
Business outlook

Pros

Wanted to highlight in particular the company's excellent COVID-19 response. I was onboarded during the pandemic remotely and felt more supported by team members than I have felt being onboarded in-person at other companies. Throughout the pandemic, the company's managing partners have been communicative and clear about all plans and have avoided rushing to get us back in the office, while at the same time understanding and supporting the challenges of a prolonged remote work scenario. The managing partners have consistently emphasized through both their words and their actions that the health of their employees must be put first in all instances.

Cons

Certain aspects of communication occasionally suffer, as the company is still adapting to remote work -- however, these challenges seem to be understood and people are working to address them as much as possible.

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Glassdoor has 16 Foundry.ai reviews submitted anonymously by Foundry.ai employees. Read employee reviews and ratings on Glassdoor to decide if Foundry.ai is right for you.