Foundry
Boulder, Colorado network-driven venture firm (foundry.vc; historically Foundry Group) founded in 2007 by Brad Feld, Seth Levine, Ryan McIntyre, and Jason Mendelson. Invests in early-stage technology companies and early-stage venture funds. HQ commonly listed in Boulder (e.g. Walnut Street). Public materials describe Foundry 2022 as a $500M fund and the firm’s final fund while partners continue deploying and supporting the portfolio.
Typical check size
$1M-$10M (stage-based estimate)
Founded
2007
Headquarters
Boulder, CO
AUM
$3B+ (firm-stated, 2024)
Rounds they lead
Seed
Series A
Series B
Rounds they invest
Pre-Seed
Seed
Series A
Series B
Growth
Related investment articles
FAQs about Foundry
Stage fit, check size, thesis, and how founders typically approach this firm — based on public sources and our directory.
Foundry — formerly widely known as Foundry Group — is a Boulder, CO venture firm founded in 2007 by Brad Feld and partners. It invests in startups and other venture funds through a network-driven model with 75+ portfolio companies and 40+ partner funds per firm materials.
Boulder, Colorado (645 Walnut St per current listings; historic 1050 Walnut St address also cited). Foundry helped establish Boulder as a credible venture market outside the coasts.
Early-stage technology companies and early-stage venture funds; also later-stage opportunities in prior Select / Next vehicles. Confirm current deployment from Foundry 2022 with the firm.
Foundry co-founded Techstars in Boulder in 2006–2007. Techstars corporate HQ moved to New York in 2024, but Foundry remains a distinct Boulder-HQ VC with its own fund vehicles.
Our directory tags enterprise SaaS, developer tools, and generalist tech. Foundry's historic thesis favored software startups that could be built outside Silicon Valley.
No. While Boulder-rooted, Foundry has invested coast-to-coast for nearly two decades. Colorado founders benefit from local network density and Techstars adjacency.
Warm intros from Foundry portfolio CEOs or partner fund managers are the practical path. Foundry emphasizes long-term, community-first relationships over cold spray-and-pray decks.
See /vc/denver-boulder and our Denver & Boulder VC firms 2026 article for how Foundry fits the Front Range capital stack with Access Venture Partners and Meritage.
Boulder, Colorado — long associated with Walnut Street addresses in Boulder (e.g. 1050 Walnut Street / nearby Boulder offices).
Network-driven venture: thematic early-stage tech investing plus backing other venture managers, with a “give first” / flat partnership culture rooted in Boulder’s startup community (including Techstars co-founding history).
Yes — historically an institutional lead for early-stage rounds; also invests in other VC funds. Ask the firm about lead appetite on a given deal.
Public third-party summaries cite wide ranges (often multi-million). Do not treat as a fixed menu — ask Foundry for current check parameters from remaining Foundry 2022 capital.
National (and beyond) with Colorado roots; the firm has long argued great companies can be built outside Silicon Valley while still investing on both coasts.
Firm messaging has described Foundry 2022 as its final fund, with partners continuing to deploy that capital and support portfolio companies for years. Verify status on foundry.vc.
Via foundry.vc and warm intros through portfolio founders, partner funds, or Boulder/Denver operators. Partners engage directly (flat partnership model).
foundry.vc and /fund/foundry-group on this site.