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The phrase "about to found" is correct and usable in written English.
It can be used when indicating that someone is on the verge of establishing or creating something, such as an organization or institution.
Example: "She is about to found a new charity aimed at helping underprivileged children."
Alternatives: "on the verge of establishing" or "ready to create".
Exact(3)
Yet Chrysler's real life's work was only beginning: he was about to found his car company and finish the then biggest and most beautiful skyscraper in New York, the Chrysler Building.
From young engineers chatting about their order-a-cab iPhone app to a young couple who could not stop talking about the small brewery they were about to found, it has been exciting to see how the economic slump and this groundswell of innovation coexist.
But in reality, he is about to found a wine startup in Loo.
Similar(55)
"Mary Poppins" is about to find out.
I am about to find out.
But one, that as I am about to find out, is tied up with personal tragedy.
They are about to find out.
Owner: I'm about to find out.
We're about to find out.
I'm about to find out.
President Obama is about to find out.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com