
Founders' Co-op
Description
Founders' Co-op is a prominent seed-stage venture capital firm based in Seattle, Washington, with a strong focus on technology companies primarily within the Pacific Northwest region. Established as a key early-stage investor, the firm prides itself on often being the first institutional capital to back promising startups. Their investment thesis centers on identifying and nurturing innovative technology ventures at their foundational stages, providing not just capital but also strategic guidance and network access to help founders scale their businesses.
The firm's investment strategy is tailored to the unique needs of pre-seed and seed-stage companies. Founders' Co-op typically deploys initial cheques ranging from $500,000 to $1.5 million, positioning them as a significant early partner for startups seeking their first institutional funding. This targeted approach allows them to engage deeply with portfolio companies, offering hands-on support during critical periods of product development and market entry. Their commitment to the regional tech ecosystem is evident in their consistent backing of local talent and innovation.
Founders' Co-op has demonstrated a robust fundraising track record, underscoring its enduring presence and influence in the venture landscape. In 2022, the firm successfully closed its Fund VI, raising $50 million. This latest fund brought their total capital under management to an impressive $200 million across all their funds. This substantial capital base enables Founders' Co-op to maintain its active investment pace and continue supporting a diverse portfolio of emerging technology companies, reinforcing its position as a cornerstone of the Pacific Northwest's startup ecosystem.
Investor Profile
Founders' Co-op has backed more than 171 startups, with 5 new investments in the last 12 months alone. The firm has led 25 rounds, about 15% of its total and boasts 38 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States, Canada, Israel.
- Strong thematic focus on Software, SaaS, Analytics.
- Led 1 rounds in the past year.
- Typical check size: $500K – $1.5M.
Stage Focus
- Seed (56%)
- Series A (22%)
- Series Unknown (8%)
- Series B (6%)
- Pre Seed (3%)
- Angel (3%)
- Convertible Note (1%)
- Series C (1%)
- Debt Financing (1%)
Country Focus
- United States (96%)
- Canada (2%)
- Israel (1%)
- United Kingdom (1%)
Industry Focus
- Software
- Saas
- Analytics
- Mobile
- Finance
- Internet
- E-commerce
- Artificial Intelligence (Ai)
- Information Technology
- Health Care
Frequently Asked Questions
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