Daren Cotter logo

Daren Cotter

North America, Minnesota, United States, Saint Paul

Description

Daren Cotter is a prominent angel investor based in Saint Paul, Minnesota, widely recognized for his entrepreneurial success as the founder and CEO of InboxDollars. He built InboxDollars into a leading online marketing company, which was subsequently acquired by Prodege in 2019. This successful exit provided him with the capital and experience to transition into active angel investing through Cotter Ventures. His investment philosophy is deeply rooted in his operational background, focusing on supporting founders who are building scalable technology solutions.

Cotter primarily focuses on early-stage investments, with a strong emphasis on seed and Series A rounds. His portfolio indicates a clear preference for technology-driven companies, particularly within SaaS, fintech, digital media, and healthcare tech. He looks for strong founding teams and innovative solutions addressing significant market opportunities. His involvement often extends beyond capital, leveraging his extensive experience in scaling businesses to provide strategic guidance to his portfolio companies.

As of early 2024, Daren Cotter has made over 20 investments, according to public records, demonstrating his active participation in the startup ecosystem. His portfolio includes notable companies such as Branch, Flywheel, When I Work, and Gravie. He has also taken on lead investor roles, exemplified by his investment in Flipp, indicating a willingness to take a significant position in promising ventures. His investment in SportsEngine, which later achieved a successful exit, highlights his ability to identify and back companies with strong growth potential.

While specific check sizes are not always publicly disclosed, Daren Cotter typically deploys first checks ranging from approximately $100,000 to $500,000, reflecting his commitment to providing meaningful early-stage capital. He is known for supporting companies with follow-on investments as they progress. Cotter represents a valuable resource for early-stage founders, offering not just financial backing but also the invaluable insights of a seasoned entrepreneur who has successfully built and exited a significant venture.

Investor Profile

Daren Cotter has backed more than 64 startups, with 4 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 11 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Software, Information Technology, E-Commerce.
  • Typical check size: $100K – $500K.

Stage Focus

  • Seed (50%)
  • Series A (20%)
  • Pre Seed (9%)
  • Series Unknown (9%)
  • Convertible Note (5%)
  • Series B (3%)
  • Debt Financing (2%)
  • Angel (2%)

Country Focus

  • United States (100%)

Industry Focus

  • Software
  • Information Technology
  • E-commerce
  • Health Care
  • Mobile
  • Medical
  • Apps
  • Manufacturing
  • Internet
  • Saas
circle-line
FAQ

Frequently Asked Questions

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

Who does Daren Cotter frequently co-invest with?

Great North Ventures
North America, Minnesota, United States, Maple Grove
Co-Investments: 7
Service Provider Capital
North America, Colorado, United States, Golden
Co-Investments: 5
Techstars
North America, Colorado, United States, Boulder
Co-Investments: 10
Gopher Angels
North America, Minnesota, United States, Minneapolis
Co-Investments: 8
Groove Capital
North America, Minnesota, United States, Minneapolis
Co-Investments: 7
Bread and Butter Ventures
North America, Minnesota, United States, Minneapolis
Co-Investments: 16
M25
North America, Illinois, United States, Chicago
Co-Investments: 8
Revolution’s Rise of the Rest Seed Fund
North America, District of Columbia, United States, Washington
Co-Investments: 5
Matchstick Ventures
North America, Colorado, United States, Boulder
Co-Investments: 12
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 5

Which angels does Daren Cotter often collaborate with?

JW
North America, Virginia, United States, Charlottesville
Shared Deals: 2
MB
North America, United States
Shared Deals: 3
BM
North America, United States
Shared Deals: 2
AD
North America, Illinois, United States, Chicago
Shared Deals: 1
PS
North America, Minnesota, United States, Wayzata
Shared Deals: 2
AR
North America, Illinois, United States, Chicago
Shared Deals: 1
SG
North America, Maryland, United States, Baltimore
Shared Deals: 2
AM
North America, California, United States, Los Angeles
Shared Deals: 2
CT
North America, California, United States, Santa Barbara
Shared Deals: 2
VK
North America, California, United States, Glendale
Shared Deals: 2

What are some of recent deals done by Daren Cotter?

Bonsai

Wheaton, Illinois, United States

Bonsai brings crucial first-party intelligence to marketing and activates against it.

MarketingService Industry
SeedJul 17, 2025
Amount Raised: $1,800,000
Franzy

Charlotte, North Carolina, United States

Information Technology and Marketplace

Artificial Intelligence (AI)Business DevelopmentFranchiseInformation TechnologyMarketplace
SeedJul 15, 2025
Amount Raised: $2,200,000
Wirespeed

St Louis, Missouri, United States

Wirespeed is a cybersecurity firm that strives to simplify security for enterprises of all sizes.

Cyber SecurityNetwork Security
SeedMay 21, 2025
Pakal Technologies

San Francisco, California, United States

Pakal Technologies is a developer of IGTO-based semiconductors intended to revolutionize the IGBT market.

Semiconductor
Series BJan 29, 2025
Amount Raised: $25,000,000
Delfina

San Francisco, California, United States

Delfina provides a personalized prenatal care system that uses the power of data to keep moms and babies safe during pregnancy.

Health CareMedicalPersonal HealthService IndustryWellness
Series AJan 28, 2025
Amount Raised: $17,000,000
Continuum

Chicago, Illinois, United States

Continuum is a technology firm specializing in digital networks for B2B distributors and manufacturers.

B2BManufacturingRetailSoftwareWholesale
SeedAug 26, 2024
Amount Raised: $4,100,000
Pear Commerce

Minneapolis, Minnesota, United States

Pear simplifies retail marketing by connecting CPG advertisements directly with retailers.

Marketing
Series AJun 27, 2024
Amount Raised: $10,000,000
Coldcart

Chicago, Illinois, United States

Orchestration and optimization for perishable parcel logistics

E-CommerceLogisticsSoftwareSupply Chain Management
SeedJun 27, 2024
Amount Raised: $6,546,893
AnyCreek

Memphis, Tennessee, United States

AnyCreek is an online platform for booking outdoor adventures and empowering guides and outfitters to manage and operate their business

Adventure TravelGuidesHuntingInternetOutdoorsSoftware
SeedJun 13, 2024
Amount Raised: $1,800,000
Bleach Cyber

Austin, Texas, United States

Bleach is a cybersecurity platform helps small and medium businesses get secure by leveraging the security in their existing investments.

Cyber SecurityInformation TechnologySoftware
Pre SeedMay 7, 2024
Amount Raised: $2,000,000