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Cofounders Capital

North America, North Carolina, United States, Cary

Description

Cofounders Capital is a prominent seed-stage venture capital firm based in Cary, North Carolina, specializing in B2B software companies. Their investment strategy is geographically focused on the Southeast United States, with a particular emphasis on startups within North Carolina. The firm distinguishes itself by providing not just capital but also hands-on operational support and mentorship to its portfolio companies, often leveraging the extensive entrepreneurial experience of its partners to guide founders through critical growth phases.

The firm targets early-stage B2B software companies that demonstrate strong potential for scalability and market disruption. Cofounders Capital typically deploys initial investments ranging from $250,000 to $1.5 million, aiming to be the lead or a significant participant in seed rounds. They also reserve substantial capital for follow-on investments in their most promising portfolio companies, supporting their growth through subsequent funding rounds. This approach allows them to build deep relationships with founders and actively contribute to their strategic development, helping them navigate product-market fit, sales acceleration, and team building.

Cofounders Capital has successfully raised multiple funds, demonstrating a consistent commitment to the regional tech ecosystem. Their most recent fund, Fund V, closed at $60 million, bringing their total assets under management across all funds to over $150 million. This capital base enables them to support a robust portfolio of innovative B2B software ventures, contributing significantly to job creation and economic development in the Southeast. The firm's active involvement in the startup community, including hosting events and providing resources, further solidifies its role as a key player in fostering entrepreneurial success in the region.

Investor Profile

Cofounders Capital has backed more than 56 startups, with 4 new investments in the last 12 months alone. The firm has led 30 rounds, about 54% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Series A rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Software, SaaS, Information Technology.
  • Led 3 rounds in the past year.
  • Typical check size: $250K – $1.5M.

Stage Focus

  • Seed (66%)
  • Series Unknown (14%)
  • Series A (11%)
  • Series B (7%)
  • Pre Seed (2%)

Country Focus

  • United States (98%)

Industry Focus

  • Software
  • Saas
  • Information Technology
  • Health Care
  • Analytics
  • Enterprise Software
  • Artificial Intelligence (Ai)
  • Crm
  • Marketing
  • Financial Services
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Cofounders Capital frequently co-invest with?

IDEA Fund Partners
North America, North Carolina, United States, Chapel Hill
Co-Investments: 4
Triangle Angel Partners
North America, North Carolina, United States, Chapel Hill
Co-Investments: 2
FP
North America, North Carolina, United States, Raleigh
Co-Investments: 3
BA
North America, North Carolina, United States, Durham
Co-Investments: 2
Alerion Ventures
North America, South Carolina, United States, Charleston
Co-Investments: 2
SaaS Ventures
North America, Florida, United States, Miami
Co-Investments: 4
Las Olas Venture Capital
North America, Florida, United States, Fort Lauderdale
Co-Investments: 2
Cultivation Capital
North America, Missouri, United States, St Louis
Co-Investments: 3
RTP Capital Associates
North America, North Carolina, United States, Raleigh
Co-Investments: 3
Charlotte Angel Fund
North America, North Carolina, United States, Charlotte
Co-Investments: 3

Which angels does Cofounders Capital often collaborate with?

LB
North America, California, United States, San Francisco
Shared Deals: 1
DB
North America, Massachusetts, United States, Boston
Shared Deals: 1
JC
North America, Virginia, United States, Ashburn
Shared Deals: 1
SG
North America, New York, United States, New York
Shared Deals: 1
LB
North America, California, United States, Sunnyvale
Shared Deals: 1
JR
North America, Vermont, United States, Burlington
Shared Deals: 1
CC
North America, United States
Shared Deals: 1
RH
North America, Texas, United States, Houston
Shared Deals: 1
TA
North America, North Carolina, United States, Raleigh
Shared Deals: 1
Shared Deals: 1

What are some of recent deals done by Cofounders Capital?

Clockout

Miami, Florida, United States

Clockout is an embedded earned wage access platform that enables employees to access real-time earnings from their mobile banking app

Embedded SoftwareEnterprise SoftwareFinTechSaaS
SeedJun 18, 2025
Amount Raised: $2,000,000

The End-to-End Platform to Build, Run & Scale Generative AI Applications

Generative AI
SeedMay 20, 2025
Amount Raised: $7,000,000
Left Main REI

Charlotte, North Carolina, United States

Left Main REI provides a CRM system for real estate investors and agents.

CRMReal EstateReal Estate InvestmentSales
SeedMay 12, 2025
TEDU

Miami, Florida, United States

Powering the Future of Live-Learning Support with Data-Driven Infrastructure.

Artificial Intelligence (AI)Enterprise SoftwareGenerative AIHigher EducationInformation TechnologySaaSSoftwareTutoringVirtual Workforce
SeedAug 8, 2024
Amount Raised: $2,000,000
PETE

Orlando, Florida, United States

PETE is designed to enhance training, optimize learning, and accelerate course creation, thereby enhancing learning effectiveness.

E-LearningEdTechEducation
SeedApr 9, 2024
Amount Raised: $2,000,000
EcoMap Technologies

Baltimore, Maryland, United States

We create data-drive platforms to power any ecosystem, from entrepreneurial communities, to industries, to corporate networks

AnalyticsArtificial Intelligence (AI)Business IntelligenceCommunities
SeedAug 14, 2023
Amount Raised: $3,500,000
Irys Insurtech

Tampa, Florida, United States

Irys is customizable management tool that has fundamentally transformed how agents, brokers, and MGAs see their clients and company.

Artificial Intelligence (AI)Information ServicesInsuranceService Industry
SeedJul 14, 2023
Amount Raised: $3,500,000
Certificial

Holly Springs, North Carolina, United States

Certificial is a real-time intelligent insurance verification platform designed to simplify the supplier management process.

Financial ServicesInsuranceInsurTechRisk Management
Series BJul 12, 2023
Amount Raised: $15,000,000
APPROVE

Wilmington, North Carolina, United States

APPROVE is an internal, custom-branded lending programme that shows reasonable monthly payments at Every point of sale.

B2BFinanceFinancial ServicesFinTechSaaS
SeedJun 1, 2023
Amount Raised: $3,000,000
Cycle Labs

Raleigh, North Carolina, United States

Cycle Labs is committed to modernizing enterprise solution deployments by reducing risk through continuous test automation.

Enterprise SoftwareInformation TechnologyQuality AssuranceSoftware
Series BMar 2, 2023
Amount Raised: $6,500,000