/Investor DB

Foundry

Venture capital

Boulder · Pre-Seed–Series B · 19 people tracked

Also known as Foundry Group · Foundry Group, Llc

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Investment thesis

Direct startup investor and LP with a flat equal-partner team, curated network of like-minded partners, thematic investing around long-lived horizontal themes like glue and protocol, and radical transparency.

Source: firm website, verified Sep 29, 2026.

Stage
Pre-Seed–Series B
Check
$250K – $15M
HQ
Boulder, Colorado, US
Leads rounds
Leads
Instruments
Equity
Founded
2007
Last 12 months
1 investment
AUM
$3.5B
Tracked investments
261
Unicorns
7
IPOs
4
Acquisitions
27

Team · 19 people

from the firm's website & curated & public directories
Bradley Feld· General Partner
Colleen Clair· Executive Assistantin
Lena Giacomini· Chief Financial Officerin
Melissa Childers· Operations Specialistin
Brian Murdock· Executive Officer
Carol Grefenstette· Executive Officer
Hilda Ochoa-Brillembourg· Executive Officer
James Sperans· General Partner
Kenneth Grossfield· Executive Officer
Mary Choksi· Executive Officer
Michael Duffy· Executive Officer
Stephen Mandella· Executive Officer

Founder mafia

3 people who came through Foundry went on to found or lead other companies.

What they invest in

from 175 of 261 portfolio companies

SaaS ×71Enterprise Software ×58AI & Machine Learning ×55Fintech ×27Data & Infrastructure ×26Cloud Computing ×21Developer Tools ×21Hardware ×20

HQs:United States×159Canada×5Sweden×2Brazil×1Estonia×1France×1

Who they back

founder profiles across 90 portfolio companies
39%
solo founders
35 of 90 mapped founding teams
45%
repeat founders
of 109 founders with career history
~5 yrs
old at investment
median across 29 dated deals

Founding team size:solo founder×352 founders×223 founders×154+ founders×18

Where their founders studiedfrom 108 founders with education data

Harvard Business School ×11Harvard University ×8Massachusetts Institute of Technology ×7Stanford University ×7Princeton University ×5Cornell ×4Aalto University ×3Columbia University ×3

What their founders studiedfrom 97 founders with field-of-study data

Computer Science ×20Business & Management ×19Engineering ×17Finance & Accounting ×11Politics & Policy ×10Economics ×9Humanities ×7Design & Architecture ×5

Where their founders worked beforefrom 109 founders with career history

Google ×12Microsoft ×8VictorOps ×4Doxly ×3Goldman Sachs ×3Looker ×3Loupe Software ×3McKinsey & Company ×3

Accelerator rootsportfolio companies that came through a program

Techstars ×8Y Combinator ×3

8 founders hold a PhD · 31 hold an MBA (of 106 with degree data)

Investments · 261 tracked

founders shown can be your intro path

By year:2026 · 12025 · 102024 · 82023 · 52022 · 142021 · 102020 · 62019 · 92018 · 92017 · 102016 · 52015 · 10113 dated

Infleqtioninfleqtion.comin𝕏NYSE: INFQFeb 2026

Infleqtion builds neutral-atom quantum computers, precision quantum sensors, and related software, and works on integrated photonics to scale quantum systems.

Deep TechHardwareQuantum ComputingLouisville, US

Dana Anderson(Founder)inPranav Gokhale(Chief Technology Officer)inPaul Lipman(Chief Revenue Officer)inJason D. Hall(Chief Legal Officer)inIlan Hart(Chief Financial Officer)inMatthew J. Kinsella(Chief Executive Officer)in

Co-investorsBreakthrough VictoriaCaruso VenturesForma PrimeGlynn Capital ManagementIn-Q-TelMaverick Ventures+7 more

MongoDBmongodb.comin𝕏NASDAQ: MDBDec 2014

MongoDB is a cloud database company that provides Atlas, a multi-cloud data platform for transactional, search, and generative AI workloads, along with enterprise on-premises options and integration tools for developers and partners.

AI & Machine LearningCloud ComputingData & InfrastructureDeveloper ToolsNew York, US

Dwight Merriman(Founder)inEliot Horowitz(Founder)inChirantan 'CJ' Desai(President and Chief Executive Officer)Sydney Carey(Chief Financial Officer)inDev Ittycheria(Chief Executive Officer)inAlexander Stigsen(Founder)in

Co-investorsAlleyCorpDell Technologies CapitalFlybridge Capital PartnersIn-Q-TelMaC Venture CapitalNew Enterprise Associates (NEA)+7 more

Twiliotwilio.comin𝕏NYSE: TWLO

Twilio provides a cloud-based communications platform that enables businesses to integrate voice, messaging, and video into applications using APIs.

Cloud ComputingDeveloper ToolsEnterprise SoftwareSan Francisco, US

Jeff Lawson(Founder)inEvan Cooke(Founder)John Wolthuis(Founder)inLee Kirkpatrick(Chief Financial Officer)inRoy Ng(Executive Officer)inKaryn Smith(Executive Officer)in

Co-investors500 GlobalBessemer Venture PartnersCraft VenturesDraper AssociatesFounders Circle CapitalFounders Fund+20 more

Xometryxometry.comin𝕏NASDAQ: XMTRSep 2020

Xometry operates an on-demand manufacturing marketplace connecting buyers—from startups to global enterprises—with a vetted global network of suppliers for precision components across prototyping and high-volume production.

Advanced ManufacturingB2B MarketplacesLogistics & Supply ChainGaithersburg, US

Randy Altschuler(Founder)inRandolph Altschuler(Co-Founder, Chief Executive Officer and Director)Sanjeev Singh Sahni(President)in

BoardGeorge Hornig(Director)Laurence Zuriff(Founder)John Deutch(Director)

Co-investorsBMW i VenturesCherry VenturesDell Technologies CapitalKeyhorse CapitalMaryland TEDCOPraxis Ventures Management, Llc+8 more

Airshipairship.comin𝕏✓ verified

Airship provides a customer engagement platform with experimentation tools such as A/B/n testing, holdouts, feature flags, and real-time optimization to help brands test and improve app and messaging experiences.

AdTechAI & Machine LearningMarketing TechSaaSSan Francisco, US

Brett Caine(CEO)in

Co-investorsAugust CapitalTrue VenturesQuestMark PartnersTransmedia CapitalLowercase Capital

Sensusensu.ioJan 2017 · $10M✓ verified

Sensu collects and processes monitoring data from cloud platforms, data systems, and third-party monitoring tools, integrating with incident management and configuration management platforms.

Cloud ComputingData & InfrastructureDeveloper ToolsEnterprise SoftwarePortland, US

Caleb Hailey(Executive Officer, Director)Sean Porter(Executive Officer, Director)

BoardRyan McIntyre(Director)in

Co-investorsBattery Ventures

Twindotwindo.com𝕏✓ verified

Twindo produces accurate, editable as-built documentation—including 2D floor plans, 3D models, and schedules of quantities—generated from video-based scanning for use in bidding, takeoffs, and design.

AI & Machine LearningConstruction TechDeep TechPropTechSaaS

Jules Shertser(Founder)in

Co-investorsIntel CapitalShea Ventures, LLCVolve Capital

Curio Digitaloncurio.cominJun 2018SEC filingmedium confidence

Curio is an independent crypto and Web3 media publication offering reviews, plain-English explainers, and guides on exchanges, wallets, NFTs, GameFi, and DeFi.

Crypto & Web3Media & EntertainmentBoulder, US

Ben Arnon(Co-Founder & CRO / Co-CEO)inJuan M. Hernandez(Co-Founder & CEO)inRikin Mantri(Co-Founder & COO / Co-CEO)inNiel Robertson(Executive Officer, Director, Promoter)

Board seatSeth Levine· per SEC Form D · $2M raise · filed Jun 2018

Co-investorsAvestria VenturesPICUS CAPITALZMT CapitalBlockchain CapitalFuture Perfect VenturesLongHash Ventures

Glowforgeglowforge.comin𝕏May 2015 · $10M

Glowforge manufactures desktop laser cutting and engraving machines for crafters, makers, and businesses.

Advanced ManufacturingCreator EconomyHardwareSeattle, US

DAN SHAPIRO(Executive Officer, Director, Promoter)inMARK GOSSELIN(Executive Officer, Director, Promoter)inTONY WRIGHT(Executive Officer, Director, Promoter)inDan Shapiro(Founder)Mark Gosselin(Founder)Tony Wright(Founder)

Board seatBradley Feld· per SEC Form D

Co-investorsLauder PartnersRevolutionAnthos CapitalFoundation CapitalTrue Ventures

TeamSnapinSeries B · Jul 2015 · $8M

Application for scheduling, coordination and communication for team sports.

Boulder, US

David J. DuPont(Executive Officer, Director, Promoter)Frank Watervoot(Executive Officer)Ken McDonald(Executive Officer)inDaryl Overholt(Executive Officer)inAndrew Berkowitz(Director)

Board seatLindel EakmanJason Mendelson· per SEC Form D

Co-investorsMVPPartners for GrowthPartners for Growth (PFG)

Techstarstechstars.comin𝕏Sep 2017

Techstars is a pre-seed and early-stage venture capital firm and accelerator operator that invests in founders and provides capital, mentorship, and network connections.

FintechSector AgnosticBoulder, US

David Cohen(Co-founder)inDavid Brown(Co-founder)inBrad Feld(Co-founder)inJared Polis(Co-founder)inJason Seats(Executive Officer)inScott Ford(Executive Officer)in

Board seatBrad FeldJason Mendelson· per SEC Form D

Co-investorsEIT Urban Mobility AcceleratorFirestartrInnovation DepotM1720Metavallon VCRenaissance Venture Capital+4 more

8base8base.comin𝕏Series A · Apr 2022 · $10.6M

8base is a backend-as-a-service platform that turns text prompts into application blueprints, generating a data model, test data, custom backend functions, and a GraphQL API for software developers.

AI & Machine LearningCloud ComputingDeveloper ToolsSaaSCoral Gables, US

Albert Santalo(Founder and CEO)in

Co-investorsAlumni VenturesBasecamp FundBeresford VenturesFirebrand VenturesStrawberry Creek VenturesTechstars+3 more

9Solutions9solutions.cominSep 2024

9Solutions provides indoor location-based safety, communications, and smart care solutions for healthcare facilities to support safe and high-quality care delivery.

Enterprise SoftwareHealthtechIoT

Co-investorsInnovestor VenturesCarrier VenturesDnx VenturesGS FuturesInnovestorQualcomm Ventures

Admeldadmeld.com

Admeld was a private ad exchange platform for publishers to maximize ad revenue and control impression sales.

AdTech

Co-investorsNorwest Venture PartnersSpark Capital

Adversa AIadversa.aiin

Adversa AI provides AI red teaming and security testing for enterprise AI agents and applications.

AI & Machine LearningCybersecurityEnterprise Software

Sergey

Co-investorsMoxxie VenturesSeven Hill Ventures

Afrostreamafrostream.tvinSeedDefunct

Afrostream is a video streaming service offering films, shows, and web series focused on African and African-American content, available across multiple devices and in 28 countries in Europe and Africa.

ConsumerMedia & EntertainmentParis, FR

Tonjé Bakang Tonje(CEO)inLudovic Bostral(Founder)in

Co-investorsY CombinatorACE & CompanyComcast VenturesFour CitiesGraph VenturesMaC Venture Capital+2 more

Airshipairship.usin𝕏

Airship builds software for home services trades businesses, aimed at increasing big-ticket job revenue for roll-up platforms and independent brands.

Construction TechEnterprise SoftwareSaaSSales TechUnited States, US

Craig Battin(Founder)inScott Kveton(Founder)Steven Osborn(Founder)

Co-investorsCity LightFour Acres CapitalLorimer VenturesQED InvestorsTerrence YangTwine Ventures+3 more

Airshipairship.me

Airship provides logistics software and infrastructure to enable companies to operate transportation and delivery businesses efficiently.

Enterprise SoftwareLogistics & Supply ChainSaaS

Co-investorsIdeaspace VenturesAugust CapitalTrue Ventures

Amperamper.xyz𝕏Mar 2018 · $4M

Amper is a production monitoring and intelligence platform that uses IoT sensors to track machines, operators, and jobs in real time, helping manufacturers identify hidden capacity and reduce downtime.

Advanced ManufacturingIoTSaaSChicago, US

Akshat Thirani(Founder & CEO)inStephen Bell(Director)Sachin Lal(Executive Officer, Director)

Co-investorsConvergeCorazon CapitalLewis & Clark VenturesSterling Road1517Advancit Capital+7 more

Anything Worldanything.worldin𝕏Pre-Seed · Dec 2019 · $670K

Everything Universe (Anything World) offers AI-powered tools for creating 3D content, including generating and animating 3D models, game-ready SDKs, and a 3D model library.

AI & Machine LearningDeveloper ToolsGamingHorsham, GB

Gordon Midwood(Founder)in

Co-investorsAlumni VenturesKube VCTechstarsAcequia Capital (AceCap)Acrew CapitalGFR Fund+6 more

AppDirectappdirect.comin𝕏Mar 2014

AppDirect operates a B2B commerce platform for selling, buying, and managing recurring technology services, letting businesses launch white-labeled or internal IT marketplaces.

B2B MarketplacesCloud ComputingSaaSSan Francisco, US

Daniel Saks(Executive Officer, Director)inNicolas Desmarais(Executive Officer, Director)Audrey Garfield(Executive Officer)Paul Desmarais Jr.(Director)Robert Fetherstonhaugh(Director)

BoardChris Arsenault(Director)in

Co-investorsG SquaredInovia CapitalKensington Capital Partners LimitedMithril Capital ManagementJ.P. Morgan Asset ManagementStarVest Partners

Apptioapptio.comin𝕏Acquired

Apptio provides AI investment management software that helps organizations track, optimize, and align AI spending across infrastructure, talent, and tooling from prioritization through ROI measurement.

AI & Machine LearningCloud ComputingEnterprise SoftwareSaaSBellevue, US

Kurt Shintaffer(Founder)inSachin Gupta(Executive Officer, Director)Sunny Gupta(Founder)inAjay Patel(General Manager of Apptio and IT Automation at IBM)Larry Blasko(President, Field Operations)inEugene Khvostov(Chief Product Officer)in

Co-investorsAkkadian VenturesAndreessen HorowitzCisco InvestmentsFelicis VenturesFPVFUSE+9 more

Arryvedarryved.cominJun 2021 · $20M

Arryved provides an all-in-one operations platform for craft beverage makers, including point-of-sale, production, and web tools.

FoodTechRetail TechSaaSNederland, US

David Norman(Founder)in

BoardRay Decker(Director)Vijay Bangaru(Director)

Co-investorsTribe Capital

Arthur Venturesarthurventures.com

Arthur Ventures is a venture capital firm that provides early-stage and growth capital to B2B software companies globally.

Enterprise SoftwareSaaS

Authentic8authentic8.comin

Authentic8 provides secure browsing and online investigation tools, with certifications including FedRAMP and SOC 2 aimed at government and enterprise customers.

Cloud ComputingCybersecurityGovTechSaaSRedwood City, US

Scott Petry(Founder)inRamesh Rajagopal(Founder)in

Co-investorsClearSkyEastward Capital PartnersMerus CapitalRazor's Edge VenturesShield CapitalVistara Growth

Ava LabsinFeb 2019

Brooklyn, US

Emin Gun Sirer(Executive Officer, Director)inKevin Sekniqi(Cofounder)in

Co-investorsAndreessen HorowitzBalaji SrinivasanBitmainPolychain Capital

Avid Venturesavidventures.comin

Avid Ventures is an early-stage venture capital firm that invests in founders at the pre-seed and seed stage, often before incorporation or revenue, and provides hands-on support with go-to-market, hiring, and fundraising.

FintechNew York City, US

Addie Lerner Katz(Founder & Managing Partner)in

Co-investorsAtacama VenturesAtento Capital

AvidXchange, Inc.avidxchange.comin𝕏

AvidXchange provides AI-powered accounts payable software that automates invoice capture, approvals, and payments for mid-market businesses.

AI & Machine LearningEnterprise SoftwareFintechSaaSCharlotte, US

Michael Praeger(Founder)inDan Drees(President)inKaren Bertaux(Executive Officer)Ross Agre(Executive Officer)inStephen Shane Turley(Executive Officer)Jaysen C. Plueger(Executive Officer)

Co-investorsBain Capital VenturesBoathouse CapitalHaymaker VenturesNycaNyca PartnersQED Investors+2 more

Basis Setbasisset.comin𝕏Feb 2024 · $185M

An AI-native venture capital firm that uses machine learning and its own AI tools to identify and support AI companies.

AI & Machine LearningEnterprise Software

Lan Xuezhao(Founder)in

Co-investorsCowboy VenturesKindred VenturesPeak XV PartnersPHX VenturesPivotal VenturesSequoia Capital+1 more

Beeswaxbeeswax.cominJan 2019Acquired

Beeswax, a FreeWheel product, is a demand-side platform (DSP) with Bidder-as-a-Service (BaaS) solutions that let ad buyers deploy their own data-based targeting models, bidding tactics, and measurement standards to control the media buying process.

AdTechMarketing TechSaaS

Co-investorsBreakpoint CapitalRRE VenturesVintheraAmasiaBrandtech VenturesHighland Capital Partners+2 more

Blocknativeblocknative.com𝕏Dec 2022 · $15MAcquired

Blocknative builds blockchain data infrastructure, including Gas Network and tools for transaction efficiency, mempool visibility, transaction orchestration, block building, and MEV auctions, serving protocol teams, wallet builders, and institutions.

Crypto & Web3Data & InfrastructureDeveloper ToolsTiburon, US

Matt Cutler(Founder & CEO)

Co-investorsBlockchain CapitalBlockchain CoinvestorsCoinbase VenturesFenbushi CapitalHack VCIDEO CoLab Ventures+3 more

Blocknativeblocknative.ioDec 2022 · $15MAcquired

Allows users to access best-in-class observability on chain.

Co-investorsHack VCRho VenturesBlockchain CapitalFenbushi CapitalIndustry VenturesIOSG Ventures+1 more

BlueYard Capitalblueyard.com

BlueYard is a venture capital partnership based in the US and Europe, founded in 2016, that invests $500K–$5M in pre-seed to Series A rounds as a lead or co-lead investor.

Co-investorsVintage Investment Partners

Bolsterbolsterbuilt.comin𝕏Series B · Jan 2022 · $11M

Bolster provides construction management software for residential construction, focusing on estimation and digital workflows to modernize how projects are bought, sold, and managed.

Construction TechFintechMarketplacesPropTechSaaSCalgary, CA

Mike Bignold(Founder)inAbhishek Dubey(Founder)Shashi Prakash(Founder)Dave VassLewis Cowie(COO)Jena Rhydderch(Human Resources)

Co-investorsCathexis VenturesFUSESoma CapitalTakeoff CapitalY CombinatorCERVIN VENTURES+13 more

Boltbolt.euin𝕏

Bolt operates a European mobility super-app offering ride-hailing, shared cars, e-scooters, and food and grocery delivery, along with on-demand parcel delivery.

Logistics & Supply ChainMarketplacesMobility & TransportationTallinn, EE

Eric Feldman(Founder)Markus Villig(Founder)Martin Villig(Founder)Oliver Leisalu(Founder)Ryan Breslow(Founder)

Co-investorsAkkaBADideas.fundCSVE Venture PartnersG SquaredKorelya CapitalPejoni+23 more

Bonfire Venturesbonfirevc.comin𝕏

Bonfire Ventures is a seed-stage venture capital firm that leads seed rounds in AI-native B2B software companies, focusing on products that improve with usage across areas like vertical AI, proprietary data, services-to-software, fintech infrastructure, and agent-native infrastructure.

AI & Machine LearningEnterprise SoftwareSaaSLos Angeles, US

Jim Andelman(Founder)Mark Mullen(Founder)

Co-investorsAtento CapitalOperator Collective

Boundlessboundless.comin𝕏Seed · Apr 2021 · $25M

Boundless provides U.S. immigration services that combine software with in-house legal review to help applicants prepare and submit family green card, employment-based, O-1, and EB-1 visa applications.

LegalTechSaaSSeattle, US

Xiao Wang(Founder)in

BoardAmy McCullough(Director)inGreg Gottesman(Director)inBrad Feld(Director)in

Co-investorsAlumni VenturesEscalate Capital PartnersForefront VentureNextView VenturesTrilogy Equity PartnersAME Cloud Ventures+6 more

Boundlessboundless.networkin𝕏

Boundless aggregates underutilized GPU capacity from distributed operators to provide lower-cost compute infrastructure for AI inference, training, and evaluations.

AI & Machine LearningCloud ComputingData & Infrastructure

Brian Retford(Founder)Dee Coakley(Founder)Doug Rand(Founder)Eamon Leonard(Founder)Emily Castles(Founder)Frank Laub(Founder)

Co-investorsLvna CapitalAda VenturesAdapt VenturesForefront VentureIDEA Fund PartnersPioneer Square Labs

Bowery Capitalbowerycap.com

Bowery Capital is a venture capital firm that invests in early-stage (pre-seed and seed) B2B software companies as a lead investor, and provides hands-on go-to-market, talent, and business development support to its portfolio founders.

Enterprise SoftwareSaaS

Co-investorsDragonX

Broadlybroadly.comin𝕏Sep 2018 · $10M

Broadly is an AI-powered customer engagement platform for local service businesses that helps them earn online reviews, manage their reputation, and convert website visitors into booked jobs.

AI & Machine LearningMarketing TechSaaSOakland, US

Assaf Arkin(Director)inJoshua Melick(Executive Officer, Director)

BoardSeth Levine(Director)in

Co-investorsCalibrate VenturesNew Enterprise Associates (NEA)Team Builder Ventures

Bunchagobuncha.comin𝕏

Buncha is a social commerce platform that delivers groceries and products from favorite stores on a neighborhood-based schedule.

CleantechConsumerE-commerceLogistics & Supply ChainHopkins, US

Co-investorsMatchstick VenturesStarting LineTechstarsUnusual VenturesAssembly VenturesMu Ventures+3 more

Butlrbutlr.comin𝕏

Butlr makes anonymous thermal sensors that measure occupancy and space utilization across offices, buildings, campuses, stores, and labs without cameras, badges, or Wi-Fi tracking.

AI & Machine LearningDigital HealthHardwareHealthtechIoTPropTechSan Francisco, US

Honghao Deng(Founder)inJiani Zeng(Founder)inHonghao Deng Jiani Zeng(Founder)

BoardRaymond Stuart Stata(Director)Seth Levine(Director)inNaimish Patel(Director)in

Co-investors1Flourish Capital500 GlobalFounder CollectiveGS FuturesHDS CapitalHyperplane Venture Capital+17 more

Cake Venturescake.vcJan 2023 · $17M

Cake Ventures is a seed and pre-seed venture firm investing in companies built around demographic change.

Co-investorsAtento CapitalBank of AmericaCendana CapitalPivotal VenturesPlexo CapitalScreendoor

Calibratecalibratevc.comin𝕏

Calibrate Ventures is a seed-stage venture capital firm that invests in startups working on AI, automation, autonomy, machine learning, and robotics, partnering with technical founders at the earliest stages.

AI & Machine LearningDeep TechRobotics

Kevin Dunlap(Co-Founder & Managing Partner)inJason Schoettler(Co-Founder & Managing Partner)in

Co-investorsFounders FundOptum VenturesRedesign HealthThreshold VenturesTiger Global Management

Canvascanvas.incin𝕏Jan 2025 · $10M

Canvas builds a continual-improvement system for organizations deploying AI agents in production, automating the feedback loop that learns from agent behavior, proposes updates, and applies improvements to enterprise workflows including sales and account management.

AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise SoftwareSan Francisco, US

Essam Sleiman(CEO)inKevin Albert(Founder)

Co-investorsInspired CapitalY CombinatorGrit VenturesHaystackIA VenturesM13+5 more

Canvascanvas.comin𝕏Jan 2025 · $10M

Canvas is a cloud-based learning management system (LMS) with tools for grading, gradebook management, course content delivery, data reporting, and mobile apps for students, teachers, and parents.

Cloud ComputingEdTechSaaS

Co-investorsEmles Venture PartnersGaingelsIA VenturesInspired CapitalM13Trilogy Equity Partners

Canvasjlg.comin𝕏Jan 2025 · $10M

JLG manufactures mobile elevating work platforms (MEWPs) and telehandler equipment for construction, maintenance, and infrastructure work at height.

Advanced ManufacturingConstruction TechHardware

Co-investorsBrick Mortar VenturesIA VenturesInspired CapitalM13Trilogy Equity Partners

Canvascanvas.xyz

Canvas builds a toolchain for running applications in secure enclaves or Trusted Execution Environments, enabling software to run with verification, autonomy, and privacy properties.

Cloud ComputingCybersecurityDeveloper Tools

Co-investorsHash3 CapitalHaystackIA VenturesInspired CapitalM13Trilogy Equity Partners+1 more

CardMunchcardmunch.comAug 2021 · $7.5M

Card Munch publishes practical technology content including app roundups, how-to guides, gaming setup advice, product reviews, and technology news.

Media & Entertainment

Bowei GaiSid Viswanathan

BoardManu Kumarin

Co-investors500 GlobalK9 VenturesAugust CapitalLux Capital

Castironcastiron.meJan 2022

CastIron.me is a Canadian online casino review and comparison platform that helps players find trusted operators and navigate the gambling space through transparent, research-driven guidance focused on payout reliability, licensing, and player protections.

ConsumerMarketplacesIndianapolis, CA

Co-investorsHigh AlphaBowery Capital

Challengergetchallenger.comin

FintechHR TechDenver, US

Co-investorsTechstars

Chingona Ventureschingona.venturesMay 2022 · $52M

Chingona Ventures is a venture capital firm.

Sector Agnostic

Samara Mejia Hernandez(Founding Partner)in

Co-investorsFocal Ventures50 South CapitalInsight PartnersNorwest Venture PartnersPayPal VenturesPivotal Ventures+1 more

chowboticschowbotics.comin𝕏Series A · Feb 2017 · $5Macquired by DoorDash

The page presented is a DoorDash merchant site promoting its restaurant offerings, including online ordering, delivery, and dine-in booking tools for restaurants and small businesses.

FoodTechLogistics & Supply ChainMarketplacesRedwood City, US

Deepak Chandra Sekar(Director)Rick Wilmer(Executive Officer, Director)Cosme Fagundo(Director)Michael Anthofer(Executive Officer)Richard A Page(Director)

Co-investorsCentral Texas Angel NetworkGeekdomTechstarsUpslope Ventures

Chutegetchute.comSeries A · Jan 2017Acquired

Chute provides a platform that helps brands, agencies, and publishers find, create, and distribute user-generated photos and videos, using visual and text search tools.

Enterprise SoftwareMarketing TechSan Francisco, US

Ranvir Gujral(CEO)inGaurav Sharma(Lead Engineer)inGregory Narain(Executive Officer, Director)Gregarious Narain(CTO)Jaigouk Kim(Frontend Developer)inLester Lee(Vice President of Customer Development)in

Co-investorsY CombinatorAndreessen HorowitzBattery VenturesFreestyle CapitalSalesforce VenturesStart Capital+4 more

Cloudabilitycloudability.comin𝕏Jul 2012 · $8.7M

IBM Cloudability is a FinOps platform that provides cost visibility and optimization across multi-cloud and AI environments for enterprise organizations.

Cloud ComputingData & InfrastructureDeveloper ToolsEnterprise SoftwareFintechSaaSPortland, US

Matthew E Ellis(Executive Officer, Director, Promoter)J.R. StormentMat EllisJon Frisby

BoardJason Seats(Director)inJason Mendelson(Director)in

Co-investors500 GlobalDCVC (Data Collective)Escalate Capital PartnersTechstarsTrinity VenturesWalden Venture Capital+1 more

CloudBeescloudbees.comin𝕏

CloudBees Unify Feature Management is a control layer for software delivery that decouples code deployment from customer exposure, letting engineering teams ship continuously while leaders retain visibility, governance, and risk control.

AI & Machine LearningCloud ComputingCybersecurityDeveloper ToolsEnterprise SoftwareSaaSSan Jose, US

Sacha Labourey(Founder)inFrançois Déchery(Founder)inMichael Neale(Founder)inMoritz Plassnig(Chief Executive Officer)inPhilippe Van Hove(Chief Revenue Officer)inRaj Sarkar(Chief Marketing Officer)in

Co-investorsCamber PartnersDelta-v CapitalLightspeed Venture PartnersMatrixNewView CapitalRealization Capital Partners+6 more

Code Climatecodeclimate.comin

Code Climate provides data, context, and guidance to enterprise software leaders navigating organizational transformation toward AI-native development practices.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareNew York, US

Noah Michael Davis(Executive Officer, Director)Bryan Alan Helmkamp(Executive Officer, Director)inBryan Helmkamp(Founder)Noah Davis(Founder)

BoardKurt Daniel(Director)

Co-investorsLerer HippeauNextView VenturesUnion Square Ventures (USV)Fuel Capital

CoinTentcointent.comSeedDefunct

CoinTent offers a micropayment system allowing readers to buy individual digital content from publishers while enabling those publishers to capture revenue from per-article purchases.

Enterprise SoftwareMarketing TechSan Francisco, US

Brad Ross(CEO)inBigi Lui(CTO)inKendra Gibbons(Director of Engineering)in

Co-investorsY CombinatorGCW CapitalQueensBridge Venture PartnersVenture Investment Associates

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Borrowed & BlueLoop MobilityOrbotixPantheon SystemsSeomozTrackR, Inc.Backbone PLMBlockcapBuyNow WorldwideCasabotsCheezburger NetworkCloud EnginesCostanoaCrowdtapCylanceEnjioGoogleGriftHazelHustleIA VenturesIroncladJune LifeKabila Founder Mental Health FundLendARRMakeTimeMarkup AIMedialetsMiscellaneousMoxieNiftyOblong IndustriesOnTheGo PlatformsOrion by GravityPaul BudnitzPros ClosetPSL

Browse all 261 investments with full details →

▶61 more tracked companies

RegardResilienceReturn PathRevolvRidecakeRodeoRoliRoverRoverSeatGeekSendGridSentrySignalSimbulusSingle FileSingleFile TechnologiesSK VenturesSlausonSnapprSofar OceanSovrnSpansiveSpekitSpheroSpider CapitalSplunkSplunkSpringbank CollectiveStackHawkStarting LineStellation CareStockTwitsSuper CircleSuzyTelepathTenOneTen VenturesTerraformThe Pro's ClosetTideliftTraceraTradaTrue VenturesTwindoTwine VenturesTwo Bit CircusUncork CapitalUnion Square Ventures (USV)Urban AirshipVendastaVertVictorOpsWave CapitalWestbound Equity PartnersWholesailWHOOPWork MarketWorkBrightWorkfullyXmitterYeswareZynga

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.

Exits · 31

4 IPOs · 27 acquisitions · showing 12

InfleqtionNYSE: INFQMongoDBNASDAQ: MDBTwilioNYSE: TWLOXometryNASDAQ: XMTRchowboticsacq. by DoorDashFitbitacq. by GoogleHelloSignacq. by DropboxInfineraacq. by NokiaInformaticaacq. by SalesforceKorrioacq. by Waud CapitalmLabacq. by MongoDBOrdermarkacq. by Urbanpiper

Portfolio news

latest coverage across their companies

Fund performance · per public LP disclosures · 5

as of Sep 2025
FundVintageCommittedNet IRRTVPIDPI
FOUNDRY GROUP SELECT FUND LPLPs: San Diego City Employees' Retirement System, University of Texas Investment Management Company2013—11.3%1.64x1.24x
Foundry 2022, L.P.LPs: Texas Municipal Retirement System——0.4%1.01x0.00x
FOUNDRY GROUP NEXT 2018 LPLPs: Texas Municipal Retirement System, University of Texas Investment Management Company——4.5%1.22x0.08x
Foundry Group Next 2018 Partner Fund, L.P.LPs: Texas Municipal Retirement System——10.2%1.46x0.00x
FOUNDRY GROUP NEXT LPLPs: Texas Municipal Retirement System, University of Texas Investment Management Company——5.7%1.47x0.32x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

IPO stake values · per SEC filings

Value of this firm's stake in each portfolio company at its IPO price, from the prospectus principal-stockholder table.

CompanyOwnedIPO priceAt IPOStake value
Xometry9.8%$44.00Jul 2021$174.3M

Source: SEC S-1 / 424B prospectus filings. Stake value = shares beneficially owned × the initial public offering price, as disclosed — a market value at IPO, not a return multiple (the firm's original cost is not disclosed).

Frequently asked questions

How many investments has Foundry made?
Foundry has 261 tracked investments, 31 of which have exited, including 12 dated in the last 24 months.
What stage does Foundry invest at?
Foundry invests at the Pre-Seed, Seed, Series A, Series B stages.
What is Foundry's typical check size?
Foundry typically writes checks of $250K – $15M.
What sectors does Foundry focus on?
Foundry focuses on Crypto & Web3, Sector Agnostic.
Where is Foundry located?
Foundry is headquartered in Boulder, US.
Does Foundry lead rounds?
Yes, Foundry leads investment rounds.
Who does Foundry co-invest with?
Foundry most often shares deals with Techstars, Alumni Ventures, Union Square Ventures (USV), among 362 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Seth Levine, Foundry Co-Founder, on Capitalism's Next Chapter

Outsider Inc. · Seth Levine

Tech Scenes with Seth Levine Co-Author of Capital Evolution and Partner at Foundry

Collective Genius · Seth Levine

Colorado Innovators: Seth Levine Part 2, Co-Founder and Partner at Foundry

The Bear Roars · Seth Levine

Colorado Innovators: Brad Feld, Partner at Foundry Group

The Bear Roars · Brad Feld

Rebooting The Founders' Journey, Brad Feld - Partner at Foundry

The Reboot Chronicles with Dean DeBiase · Brad Feld

Colorado Innovators: Seth Levine, Co-Founder and Partner at Foundry

The Bear Roars · Seth Levine

Co-investors · 136

Techstars

Techstars is a global startup accelerator and early-stage investor that funds and mentors ambitious founders, providing $220K in capital, a three-month program, and access to a worldwide network of mentors, investors, and corporate partners.

$220K
Union Square Ventures (USV)

Union Square Ventures is a New York-based venture capital firm that invests across a broad range of technology sectors, presenting a large portfolio spanning crypto, fintech, climate, AI, education, health, and marketplaces.

$1M – $8M
Alumni Ventures

Alumni Ventures (AV) is a venture capital firm that co-invests alongside lead VCs in startups, backing founders with capital and access to a large investor and operator community.

$100K – $10M
SV Angel

SV Angel is a San Francisco-based firm that invests long-term in founders, supporting them with advice, introductions, and network access at key business inflection points.

$150K – $20M
True Ventures

True Ventures is an early-stage venture capital firm that has backed founders since 2005, partnering at the earliest moments of company building.

$500K – $3M
Uncork Capital

Uncork Capital is a seed-stage venture firm that backs early founders, with a focus on AI-native companies driving scale and industry change.

$3M – $5M
Felicis Ventures

Felicis is a venture capital firm that backs early-stage founders, investing primarily at Seed and Series A across artificial intelligence, cybersecurity and defense, global resilience and energy, and health and bio.

$500K – $15M
Founder Collective

Founder Collective is a seed and pre-seed stage venture capital firm that invests across sectors, describing itself as sector agnostic and anti-thematic.

SOSV

SOSV is a deep tech venture capital firm that makes first-check pre-seed investments and follow-on rounds in startups focused on human and planetary health, providing lab space and hands-on support at its US locations.

$30K – $550K
Costanoa Ventures

Costanoa Ventures is an early-stage venture capital firm that backs a select group of founders solving hard problems, offering long-term partnership, operational expertise, and hands-on support.

$500K – $8M
High Alpha

High Alpha is a venture firm that creates and funds B2B SaaS companies, partnering with founders to build enterprise software businesses. It operates a venture capital arm (Capital) and a company-building arm (Studio).

Sapphire Ventures

Sapphire Ventures partners with expansion-stage enterprise software companies, aiming to help them become category leaders. Its Platform team of operators supports portfolio companies with customer introductions, go-to-market talent, and growth advisory.

$5M – $20M
▶124 more co-investors

RRE VenturesFounders FundBessemer Venture PartnersTwo Sigma VenturesAugust CapitalK9 VenturesGreylock PartnersFJ LabsBoxGroupSpark CapitalNorwest Venture PartnersBattery VenturesNextView VenturesLux CapitalFlybridge Capital PartnersQualcomm VenturesCalibrate VenturesCraft VenturesKhosla VenturesGreycroftBonfire VenturesAcrew CapitalCrosslink CapitalUpfront VenturesThreshold VenturesPioneer Square LabsBMW i VenturesBaird CapitalHaymaker VenturesGeneral CatalystBain Capital VenturesFirst Round CapitalKleiner PerkinsMenlo VenturesIVP (Institutional Venture Partners)Eniac VenturesFreestyle CapitalScale Venture PartnersBowery CapitalIA VenturesRed Swan VenturesRidge VenturesSocial LeverageBlockchain CapitalAlleyCorpComcast VenturesTribeca Venture PartnersSignal Peak VenturesFirebrand VenturesAlmaz CapitalKeyhorse CapitalRedpoint VenturesBalderton CapitalFirstMark CapitalAME Cloud VenturesKapor CapitalMaveron01 AdvisorsQueensBridge Venture PartnersTribe CapitalChemistryThe Chernin Group (TCG Crypto)Renegade PartnersDraper Fisher Jurvetson (DFJ)March Capital PartnersRobot VenturesARCH Venture PartnersSpider CapitalGotham Gal VenturesAnorak VenturesCoelius CapitalNyca PartnersFounders' Co-opLocalGlobe645 Ventures137 VenturesAmasiaChicago VenturesAmazon Alexa FundBBG VenturesWellington ManagementZintinusUbiquity VenturesStage 2 CapitalSecond Century VenturesIOSG VenturesUberCoatue ManagementSound VenturesHCVCPrecursor VenturesLookout VenturesCota CapitalPractical Venture CapitalTrajectory VenturesDCM VenturesHarrison MetalLightbankLOI Venture8-Bit CapitalWildcat Venture PartnersTusk Venture PartnersOne Way VenturesFusionScout VenturesFrontier Venture CapitalIncite.orgMotivate Venture CapitalCerity Partners VenturesThird Rock VenturesBlockchange VenturesDalus CapitalGPO FundCourtside VenturesPritzker Group Venture CapitalAccess Venture PartnersWorld Innovation Lab (WiL)FOV VenturesMozilla VenturesEntrada VenturesDSG Consumer PartnersPowerhouse CapitalMetalayerRogue Venture Partners

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

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