Fundraising Fox

Founders' Co-op

Venture capital

Seattle · Pre-Seed–Series A · 3 people tracked

Also known as FCV GP LLC · FOUNDER'S CO-OP MANAGEMENT II, LLC · FOUNDERS' CO-OP GENERAL PARTNER III, LLC · FOUNDERS' CO-OP IV GENERAL PARTNER LLC

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Investment thesis

Founders' Co-op backs wildly ambitious technical founding teams tackling hard enterprise problems, primarily those based in the Seattle region or reachable through the firm's network. It invests at the earliest stages, pre-product and pre-revenue, betting on people over metrics and prioritizing fast decisions and candor. The firm believes progress comes from determined founders pursuing seemingly impossible goals during an era of accelerating technology, and it aims to help exceptional individuals build generational companies. Beyond capital, it fosters a community of trusted peers and has created a hub for the region's most ambitious founders, serving both portfolio and non-portfolio companies.

Invests inConsumerEnterprise SoftwareSaaSSector AgnosticCanadaNorth AmericaSeattleUnited States

Source: firm website, verified Aug 11, 2026.

Stage
Pre-Seed–Series A
Check
$10K – $250K
HQ
Seattle, Washington, US
Leads rounds
Follows
Instruments
Equity
Founded
2008
Private fund assets
$70M
VC funds
2
Tracked investments
10

Team · 3 people

from public directories

What they invest in

from 6 of 10 portfolio companies

SaaS ×4AI & Machine Learning ×2Enterprise Software ×2Fintech ×2AgTech ×1Circular Economy ×1Data & Infrastructure ×1E-commerce ×1

HQs:United States×10

Investments · 10 tracked

founders shown can be your intro path

By year:2023 · 12021 · 12019 · 32018 · 12016 · 12015 · 310 dated

Ally TechnologiesAug 2019SEC filingmedium confidence

Bellevue, US

Vellore Vetrivelkumaran(Executive Officer, Director)

Board seatAviel Ginzburg· per SEC Form D · $8M raise · filed Aug 2019

Ganazganazapp.comin𝕏Nov 2018SEC filingmedium confidence

Ganaz is a people management platform for agricultural and food processing employers that streamlines hiring, onboarding, payroll, and workforce communication.

AgTechHR TechSaaSSeattle, US

Mary Jo Cook(Director)Hannah Freeman(Executive Officer, Director)Artham Srinivas(Executive Officer, Director)

Board seatChris DeVore· per SEC Form D · $8.1M raise · filed Jun 2021

Garmentorygarmentory.cominNov 2015SEC filingmedium confidence

Garmentory is an online marketplace that curates and sells fashion, home goods, and kids' items from vetted independent boutiques and emerging designers.

Circular EconomyE-commerceMarketplacesBellevue, US

JOHN SCROFANO(Executive Officer, Director)SUNIL GOWDA(Executive Officer, Director, Promoter)

Board seatChris DeVore· per SEC Form D · $1.8M raise · filed Dec 2015

Lighter Capitallightercapital.comin𝕏Nov 2015SEC filingmedium confidence

Seattle, US

Jeff Seely(Director)Rob Martin(Director)John Lackland(Executive Officer, Director)Erik Benson(Director)

Board seatAndy Sack· per SEC Form D · filed Nov 2015

Me4UJan 2023SEC filingmedium confidence

New York, US

Kaitlyn Smith(Executive Officer)Keith Smith(Executive Officer, Director)

Board seatAndy Sack· per SEC Form D · $2.7M raise · filed Nov 2024

Outreachoutreach.ioin𝕏Apr 2015SEC filingmedium confidence

Outreach provides sales engagement and revenue intelligence software for enterprise sales teams to improve customer relationships and close deals more effectively.

AI & Machine LearningEnterprise SoftwareMarketing TechSaaSSales TechSeattle, US

Manny Medina(Founder)inAbhijit Mitra(CEO)inSamuel Fort(Director)Melissa Fisher(Executive Officer)Sue Leland Bostrom(Director)Ralph de la Vega(Director)

Board seatChris DeVore· per SEC Form D · $2.4M raise · filed Apr 2015

Remitlyremitly.comin𝕏Apr 2016

Remitly is an international money transfer service that enables customers to send money across borders to multiple countries.

FintechSeattle, US

Matthew B Oppenheimer(Executive Officer, Director, Promoter)Hilton Hewitt(Executive Officer)William Bryant(Director)Andrew Larson(Executive Officer)Joshua Hug(Executive Officer, Director, Promoter)Charles Stonecipher(Director)

Board seatChris DeVore· per SEC Form D

Routableroutable.comin𝕏Apr 2021SEC filingmedium confidence

Routable provides business payment infrastructure and automation for accounts payable teams, enabling instant payments through FedNow and Real-Time Payments to US bank accounts, and automating invoice processing with features like PO-matching and AI-powered bill coding.

AI & Machine LearningEnterprise SoftwareFintechSaaSSan Francisco, US

Omri Mor(Founder/CEO)inTom Harel(Founder)in

Board seatChris DeVore· per SEC Form D · $30M raise · filed Apr 2021

Boundless ImmigrationMar 2019

Seattle, US

Brad Feld(Director)Xiao Wang(Executive Officer, Director)

BoardAmy McCullough(Director)Greg Gottesman(Director)

Logixboardlogixboard.comin𝕏Aug 2019

Logixboard provides a customer experience platform for logistics service providers, particularly freight forwarders and customs brokers, to manage shipments and improve tracking across supply chain operations.

Data & InfrastructureLogistics & Supply ChainSaaSSeattle, US

Juan Alvarez(Founder)Julian Alvarez(Founder)

BoardANNIE KADAVY(Director)GARY BENITT(Director)

PartnerChris DeVore· quoted

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Founders' Co-op invest at?
Founders' Co-op invests at the Pre-Seed, Seed, Series A stages.
What is Founders' Co-op's typical check size?
Founders' Co-op typically writes checks of $10K – $250K.
What sectors does Founders' Co-op focus on?
Founders' Co-op focuses on Consumer, Enterprise Software, SaaS, Sector Agnostic.
Where is Founders' Co-op located?
Founders' Co-op is headquartered in Seattle, US.
Does Founders' Co-op lead rounds?
Founders' Co-op typically participates in rounds rather than leading them.

Media · Podcasts & interviews

featuring the team

Startup Grind hosts Chris Devore Managing Partner of Founders' Co-op

Startup Grind Local · Chris DeVore

Chris DeVore, Founders' Co-op – "Empowering Founders in the Heart of Seattle" - Sound Investments | Acast

Chris DeVore · shows.acast.com

Images

Founders' Co-op photo

Co-investors · 66

Techstars

Techstars is a startup accelerator and early-stage investor that funds ambitious founders and provides capital, mentorship, and access to a global network of investors, operators, and corporate partners.

$220K
Bessemer Venture Partners

Bessemer Venture Partners is a venture capital firm that partners with entrepreneurs from early stages through every stage of growth, publishing investment roadmaps across multiple technology sectors.

Both backed · 1
$5M – $100M
Madrona Venture Group

Madrona Venture Group is an early-stage venture capital firm that backs founding teams at seed, early, and acceleration stages, primarily in Seattle, the Bay Area, and beyond.

Both backed · 1
$2M – $10M
F-Prime Capital Partners

F-Prime Capital Partners is a venture capital firm whose team of scientists, engineers, physicians, operators, and investors supports companies in scaling and accelerating growth.

Both backed · 1
$3M – $10M
DN Capital

DN Capital is a founder-led venture capital firm backing technology companies, with a track record including Shazam, OLX, Purplebricks and Auto1.

Both backed · 1
$100K – $22M
Social Leverage

Social Leverage is an early-stage venture capital firm founded by entrepreneurs that has backed 150+ startups since 2009, including Robinhood, beehiiv, Kustomer and Manscaped.

Both backed · 1
$1M – $2M
Pioneer Square Labs

Pioneer Square Labs operates as a startup studio and venture capital fund, partnering with founders to build world-changing companies by combining exceptional founders, innovative ideas, and investment capital.

Both backed · 1
Voyager Capital

Voyager Capital is a venture capital firm that invests in early-stage entrepreneurs across the Pacific Northwest and Western Canada, focusing on the modern economy.

Both backed · 1
Lighter Capital
$1M – $4M
MHS Capital

MHS Capital is backed by tech founders and executives from companies like Google, PayPal, and Salesforce who serve as investors and mentors, giving portfolio companies direct access to high-level operators rather than just financial backing. They specialize in helping bootstrapped software companies transition to venture-backed growth and sponsor serial entrepreneurs to acquire small tech businesses, making only 2-5 concentrated investments per year with $1-3M initial checks.

Both backed · 1
$1M – $3M
GV (Google Ventures)

GV (formerly Google Ventures) is a venture investment firm that backs founders across many industries, aiming to build long-term relationships and support companies across multiple stages and milestones.

$250K – $50M
Accel

Accel is a venture capital firm that partners with exceptional founding teams, positioning itself as a first partner to startups globally.

$1.6M – $70M
Long Journey Ventures

Long Journey Ventures is an early-stage venture firm that backs unconventional, 'magically weird' founders and ideas, positioning itself as a hands-on, community-oriented partner to its companies.

$100K – $1M
54 more co-investors

Founder CollectiveUncork CapitalMenlo VenturesBoxGroupTrue VenturesFirstMarkLiquid VenturesNextView VenturesFreestyle CapitalInnovation EndeavorsLookout VenturesFlybridge Capital PartnersStellar CapitalMeritech Capital PartnersPractical Venture CapitalIA VenturesRed Swan VenturesMaveronFoundryNot Boring CapitalThreshold VenturesMatrix75 & SunnyChemistryUnusual VenturesBetaworks Ventures Management, LlcRenegade PartnersAugust CapitalHigh AlphaAcequia Capital (AceCap)Spider CapitalPrefix CapitalFormation GroupHOF CapitalK9 VenturesXYZ Venture CapitalDig Ventures Management LimitedPlayground GlobalThomvest VenturesOrigin VenturesBIOSPRING PARTNERSVersion One VenturesAmazon Alexa FundPrelude VenturesMusha VenturesXSeed CapitalIterative Instinct CapitalUbiquity VenturesZelkova VenturesFlying Fish VenturesSeven Seven SixVerve Ventures6th Man VenturesBlueCross BlueShield Venture Partners

Firms observed investing alongside Founders' Co-op, from public investor directories. Shared companies are the overlap with Founders' Co-op's recorded portfolio.

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