The phrase "was founded" is often used to describe the establishment of a company, organization or institution. However, there are several synonyms that can be used to add variety to your writing. For instance, you can use the term "inaugurated" to indicate the formal beginning of an entity. Another alternative is "established," which suggests the creation of something new. Similarly, you can use "initiated" to indicate the start of something. Alternatively, you can use "formed," which implies the deliberate creation of a new entity. Other synonyms for "was founded" include "started," "set up," "built," and "created." Incorporating these synonyms into your writing can add variety and creativity to your work.