Founded,

Definition of Founded:

1. (of a ship) equipped.

2. Established; initially created; launched. Publicly traded companies often use the term to refer to the date that their company was first incorporated or was first publicly open for business. For example, Microsoft was founded in 1975 by Bill Gates.

3. Having been discovered by chance or unexpectedly.

4. Past and past participle of find.

Origin of word Founded

Early 16th century from French fondre, from Latin fundere ‘melt, pour’.