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Founders' Co-op

North America, Washington, United States, Seattle

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
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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 Founders' Co-op frequently co-invest with?

Vulcan Capital
North America, Washington, United States, Seattle
Co-Investments: 8
Social Leverage
North America, Arizona, United States, Scottsdale
Co-Investments: 9
Techstars
North America, Colorado, United States, Boulder
Co-Investments: 30
Trilogy Equity Partners
North America, Washington, United States, Bellevue
Co-Investments: 14
Liquid 2 Ventures
North America, California, United States, San Francisco
Co-Investments: 20
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 7
Maveron
North America, California, United States, San Francisco
Co-Investments: 10
Voyager Capital
North America, Washington, United States, Seattle
Co-Investments: 11
Madrona
North America, Washington, United States, Seattle
Co-Investments: 20
Techstars Ventures
North America, Colorado, United States, Boulder
Co-Investments: 9

Which angels does Founders' Co-op often collaborate with?

SP
North America, Washington, United States, Seattle
Shared Deals: 2
DG
North America, Washington, United States, Seattle
Shared Deals: 3
JM
North America, California, United States, San Francisco
Shared Deals: 2
GE
North America, Pennsylvania, United States, Pittsburgh
Shared Deals: 5
TW
North America, Washington, United States, Seattle
Shared Deals: 4
WW
North America, Massachusetts, United States, Boston
Shared Deals: 6
AD
North America, Washington, United States, Seattle
Shared Deals: 3
LF
North America, New York, United States, New York
Shared Deals: 4
Bob. Wertz
North America, British Columbia, Canada, Vancouver
Shared Deals: 2
AL
North America, Washington, United States
Shared Deals: 4

What are some of recent deals done by Founders' Co-op?

Row Zero

Seattle, Washington, United States

Row Zero offers a self-serve big data analytics platform with spreadsheet modeling and dashboard sharing capabilities.

AnalyticsBig DataBusiness IntelligenceInformation Technology
SeedMay 6, 2025
Amount Raised: $10,000,000
Ravenna

Seattle, Washington, United States

Ravenna is a Slack and AI native ITSM. Spend less time on support tickets with Ravenna's AI automated knowledge base.

Artificial Intelligence (AI)IT InfrastructureIT ManagementMachine LearningSaaSSoftware
SeedApr 24, 2025
Amount Raised: $15,000,000
Paid

London, England, United Kingdom

Paid is a business engine for AI agents.

Artificial Intelligence (AI)Business DevelopmentInformation Technology
Pre SeedMar 25, 2025
Amount Raised: $10,809,525
Caddi

Seattle, Washington, United States

Caddi automates repetitive work for professional services with AI-driven “Automation by Demonstration.” No code required.

FinTechLegal TechRobotic Process Automation (RPA)Software
SeedMar 5, 2025
Amount Raised: $5,000,000
Opal

Vancouver, British Columbia, Canada

Opal automates back-office tasks for digital agencies, from contracts to payments, boosting efficiency and cash flow.

Artificial Intelligence (AI)SaaSSoftware
Pre SeedFeb 25, 2025
Amount Raised: $1,500,000
Signify

Seattle, Washington, United States

Compliance Management System for Manufacturing

ComplianceManufacturingSoftware
Pre SeedJul 19, 2024
Amount Raised: $2,100,000
SDF

Los Angeles, California, United States

SDF is a compiler and build system that leverages static analysis to comprehensively examine SQL code at a warehouse scale.

AnalyticsInformation TechnologySoftware
SeedJun 26, 2024
Amount Raised: $9,000,000
Topicflow

Vancouver, British Columbia, Canada

TopicFlow offers SaaS-based meeting management solutions with AI integration for performance assessment and data privacy.

Information TechnologySaaSSoftware
SeedJun 25, 2024
Amount Raised: $1,831,710
Goodbill

Seattle, Washington, United States

Goodbill identifies possible hospital billing errors and inflated charges and then automate the process of helping people pay less.

BillingConsumer ApplicationsMedical
SeedMar 26, 2024
Amount Raised: $2,000,000
Rhythms

Bellevue, Washington, United States

Rhythms offers generative AI, the prevalence of hybrid workplaces, the imperative to do more with less are reshaping organizations function.

Artificial Intelligence (AI)InternetOperating Systems
SeedDec 7, 2023
Amount Raised: $26,000,000