Investor profile for Founders' Co-op: stage-based planning range, investment stages, sector focus, portfolio companies, sources, and verification status. Part of the Venture Capital Tracker directory.
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Founders' Co-op stages, portfolio and investment profile

Seattle seed-stage venture firm founded in 2008, positioning itself as the Pacific Northwest's leading first-check investor for ambitious technical founding teams. Fund VI closed at $50M in November 2025 (matching Fund V), targeting roughly 30 companies with average initial checks of $1M–$1.5M and ~10% ownership at first investment. Portfolio includes Remitly, Outreach, and Auth0 (Okta acquisition).

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Stage-based planning range

$250K–$3M

This is a planning range inferred from stage coverage, not a firm-disclosed check size.

Methodology: Stage bucket inferred from the rounds a fund leads or invests in.

No firm-specific check-size disclosure is recorded.

Source link not recorded Confidence: 25% Verified: Not recorded View methodology

Investment stages

Leads: Pre-Seed, Seed

Participates: Pre-Seed, Seed, Series A

Sector focus

Enterprise SaaS · Fintech · Infrastructure & Cloud · Generalist Technology

Geography

Seattle, WA

Founded 2008

Fund size / AUM

Not recorded

A separate fund-size evidence record is not yet available.

Portfolio in our directory

None yet

Linked startup profiles

Latest fund vehicle

Not recorded

Vehicle name, size, and vintage are not yet structured.

Recent tracked investment

Not recorded

No dated round explicitly links this fund.

Rounds they lead

Pre-Seed Seed

Rounds they invest

Pre-Seed Seed Series A

Last verified: Not recorded. Check-size evidence is labeled by basis so planning estimates are not presented as firm disclosures.

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FAQs about Founders' Co-op

Stage fit, check size, thesis, and how founders typically approach this firm — based on public sources and our directory.

Seattle, Washington. The firm backs Pacific Northwest founders — roughly 80–90% of investments stay in-region per 2025 fund announcements.
Fund VI targets $1M–$1.5M average first checks, with a practical range from about $250K (pre-seed support) to $2M for seed rounds (GeekWire, Nov 2025).
Pre-seed and seed, often pre-product or pre-revenue. The firm reserves capital for follow-ons in breakout portfolio companies.
Generalist within technical B2B — enterprise SaaS, fintech, and cloud infrastructure are common, but the firm emphasizes founder quality over vertical mandates.
$50M, closed November 2025 — same size as Fund V (2021). The firm deliberately keeps fund size modest so it can lead first checks rather than compete on AUM.
Founders' Co-op created and led Techstars Seattle for over a decade. It is a venture fund, not a batch accelerator program today.
Apply via founderscoop.com with a technical team story and enterprise problem thesis. The partnership is two GPs (Chris DeVore and Aviel Ginzburg) — no associate gatekeeping.
Founders' Co-op is the specialist first institutional check at seed; Madrona can participate from day one but often shows up at larger seed or Series A with more reserves. Many PNW companies start with Founders' Co-op.
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By Venture Capital Tracker

Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.