Facts
- HQ
- Seattle
- Sectors
- Venture Capital and Private Equity Principals
- Founded
- 2008
- Employees
- 10
- Last fund
- Founders' Co-op IV, LP · $25M · 2017 SEC Form D
- Funds raised
- 1 fund SEC Form D filings
- Total capital
- $25M SEC Form D filings
Founders’ Co-op announces $50M Fund VI to continue first-check investments in regional technical founders
Founders’ Co-op announced a new $50 million venture fund, Founders’ Co-op VI, managed by the same two partners, focused on early first-check investments in ambitious technical founders within their regional talent network rather than positioning as an AI-specific or larger fund.
Logic raises $4.3M seed round and launches GA no-code automation platform
Logic, a Seattle business automation company founded in 2024, raised $4.3 million in a Seed round and launched the general availability of its no-code automation platform after a year-long beta. The funding, from investors including Founders’ Co-op, Audacious, Neo (Ali Partovi), Brex executives, and Convoy co-founder Dan Lewis, will be used to expand product capabilities, grow adoption, and strengthen engineering and go-to-market teams.
Manny Medina’s AI Billing Startup Paid Raises $21M Seed Round Led by Lightspeed, Valued Above $100M
Manny Medina, former CEO of Outreach, has launched Paid, a London-based startup focused on AI agent billing, securing $21 million in seed funding led by Lightspeed. Paid aims to help companies monetize AI agents with innovative pricing models, and it is already valued at over $100 million.
Nikesh Parekh Advises Microsoft and Amazon Execs on Engaging with Seattle Startups as Advisors, Board Members, and Investors
Nikesh Parekh shares a guide for Microsoft and Amazon employees on engaging with the Seattle startup ecosystem through roles like advisors or board members and by strategic investing, highlighting common practices and compensation details.
Intuit Acquires AI-Powered Sales Technology from Seattle Startup Relevvo to Enhance B2B Buyer Connections
Intuit acquired AI-powered technology from Seattle startup Relevvo, which helps B2B companies better connect with buyers using personalized insights. Founded in 2020, Relevvo's platform aims to improve sales targeting and messaging, and the technology will enhance Intuit's service to mid-market customers.
Seattle Startup Community Foundations Doubles Capitol Hill Space, Plans Bellevue Expansion to Support Growing Members
Seattle startup community Foundations, founded by Aviel Ginzburg, is doubling its Capitol Hill office space and planning an expansion in Bellevue to support its 236 members, including 55 founders-in-residence. The community offers a no-equity, no-fee environment that helps startups grow together, with recent graduates choosing to remain engaged as the program evolves.
Seattle Startup Row Zero Raises $10 Million Seed Round to Revolutionize Big Data Spreadsheet Analysis
Seattle startup Row Zero raised $10 million in a seed round led by IA Ventures to develop a spreadsheet software optimized for big data analysis. Founded by former AWS engineers, the company aims to provide a faster, enterprise-grade alternative to traditional spreadsheets, with over 1,500 companies already using its platform.
Martin Tobias's Incisive Ventures Raises $10.5M for Early-Stage B2B Software Fund Focused on AI
Martin Tobias's Incisive Ventures closed a $10.5 million fund targeting nearly 30 early-stage enterprise software companies, focusing on AI-driven B2B solutions. Tobias emphasizes backing startups with strong customer insight and distribution strategies, aiming to invest primarily in U.S. startups but remaining open globally.
Fortson VC Raises $50M to Fund Early-Stage B2B Software Startups Led by Cole Younger in Seattle
Fortson VC, led by Cole Younger, has raised $50 million to invest in early-stage B2B software startups, primarily in the Pacific Northwest. The fund plans 25 to 30 investments with check sizes between $500,000 and $1 million, focusing on founders with unique internal compasses.
GeekWire Honors Aviel Ginzburg, Chaitra Vedullapalli, and Emer Dooley for Building Seattle’s Tech Community at 2025 Awards
The 2025 GeekWire Awards honored Aviel Ginzburg, Chaitra Vedullapalli, and Emer Dooley for their efforts in strengthening Seattle's tech community through inclusive initiatives and startup support. The awards ceremony recognizing nearly 50 finalists will take place on April 30, 2025, in Seattle.
Seattle VC Firm Ascend Raises Third Fund to Back Early-Stage AI Startups After $25M Second Fund in 2023
Seattle venture capital firm Ascend is raising its third fund to invest in early-stage tech startups focused on vertical AI and infrastructure, following a $25 million second fund in 2023. Founder Kirby Winfield launched Ascend in 2019 and the firm primarily supports Seattle-area founders with investments ranging from $250,000 to $750,000.
Seattle VCs Madrona, Maveron, Founders' Co-op Highlight Key Founder Red Flags at Graham & Walker’s Founder Day
Seattle venture capitalists from Madrona, Maveron, and Founders' Co-op advised early-stage startup founders to display growth mindset, customer obsession, and strong storytelling skills as key factors for securing investment. These insights were shared at Graham & Walker’s Founder Day event to guide founders on investor red flags.
VCs Urge Startups to Focus Long-Term Despite $3 Trillion Market Loss from Trump’s Tariff Announcement
Venture capitalists advise startups to maintain a long-term focus despite uncertainty caused by President Trump’s new tariffs, which triggered a $3 trillion market value loss. While tariffs pose short-term challenges for hardware and manufacturing startups, many emphasize resilience and product-centric growth strategies.
Crisp Acquires Seattle Startup Shelf Engine to Enhance Retail Data and Food Waste Reduction
Seattle startup Shelf Engine, which uses machine learning to help grocers reduce food waste, was acquired by New York-based retail data company Crisp. Shelf Engine, backed by over $60 million in investments and celebrity investors, operates in over 7,000 U.S. stores.
Former Outreach CEO Manny Medina Launches London-Based Startup Paid with $10M to Monetize AI Agents
Manny Medina, co-founder and former CEO of Outreach, has launched Paid, a London-based startup focused on monetizing AI agents, backed by over $10 million in funding. Medina stepped down as Outreach CEO in September and now serves as executive chairman while Paid aims to simplify billing and monetization for AI builders.
Madrona Venture Group Marks 30 Years with $770M Raised for New Funds, Continuing Strong Seattle Investments
Madrona Venture Group, a Seattle-based venture capital firm celebrating its 30th anniversary, has invested in major startups like Amazon and recently raised $770 million for two new funds to support about 40 investments. While expanding beyond the Pacific Northwest with a Palo Alto office, Madrona continues to focus most of its investments locally.
Seattle VC Firm Founders’ Co-op Raises Nearly $23M for New Fund, Following $50M Fifth Fund in 2021
Seattle venture capital firm Founders’ Co-op is raising a new fund with nearly $23 million secured according to SEC filings. The firm, led by Chris DeVore and Aviel Ginzburg, previously raised $50 million in 2021 and invests in early-stage startups in the Pacific Northwest.
Vancouver Startup Opal Raises $1.5M Pre-Seed to Automate Ad Agency Back-Office Tasks
Vancouver startup Opal raised $1.5 million in a pre-seed round led by Founders' Co-op and Exit North Ventures to automate back-office tasks for ad agencies. The company, founded in 2023 and led by Alex Steele, provides software for contracts, e-signatures, accounts receivable, ad spending, and offers merchant-specific credit cards.
Opal raises $1.5M pre-seed to build all-in-one back-office SaaS for ad agencies
Opal, a SaaS platform that automates back-office operations for advertising agencies, announced a $1.5M pre-seed funding round to build an all-in-one software solution.
Seattle Startup Groundlight Uses AI, Strobe Lights, and Radio to Stop Raccoons Invading Home via Cat Door
A Seattle AI startup called Groundlight helped solve a homeowner's raccoon problem using a system combining strobe lights, public radio, and AI to prevent raccoons from entering through a microchip-detecting cat door. The raccoons had learned to bypass the specialized cat door's intruder mode, but the AI-based solution effectively deterred them.
Seattle Engineers Steve Krenzel and Jess Garms Raise $4.3M for Logic, an AI Startup Automating Business Processes via Document-Driven APIs
Seattle engineers Steve Krenzel and Jess Garms founded Logic, raising $4.3 million to develop AI-powered automation that transforms business workflow documents into APIs. Their startup aims to simplify enterprise automation using large language models for various industries including e-commerce and logistics.
Pioneer Square Labs' Greg Gottesman Forecasts Generative AI Will Transform Venture Capital Operations by 2033
Greg Gottesman of Pioneer Square Labs predicts venture capital will fundamentally change in the next 5-10 years, increasingly leveraging generative AI to provide startups with more than just funding, including operational and coding support. Sheila Gulati of Tola Capital adds that early-stage investing is becoming more democratized, with a broader investor pool amid the recent AI-driven revival in venture capital.
Aviel Ginzburg and Team Launch Foundations to Foster Seattle’s Startup Community with In-Person Support Network
Foundations, a new startup community group led by Aviel Ginzburg and others in Seattle, aims to create a supportive 'serendipity factory' for early-stage founders by fostering in-person connections among entrepreneurs, mentors, and investors. The group hosted a launch party in Seattle's Capitol Hill neighborhood to build a vibrant local tech startup ecosystem.
Seattle Startup Signify Raises $2.1M to Use AI for Simplifying Manufacturers' Regulatory Compliance
Seattle-based startup Signify, spun out from the AI2 Incubator, raised $2.1 million to develop AI-driven software that helps manufacturers manage complex regulatory compliance tasks. Led by CEO Martín Ramírez, the platform aims to streamline compliance processes for manufacturers facing evolving and diverse market regulations.
Aviel Ginzburg Launches Seattle Foundations to Support Tech Startups with Non-Equity Accelerator in Capitol Hill
Aviel Ginzburg and a team of entrepreneurs are launching Seattle Foundations, a new invite-only entrepreneurial community and shared workspace in Seattle, aiming to support tech founders with mentorship and resources without taking equity. The initiative, set to open later this year in Capitol Hill, will offer co-working space, events, and six-month memberships focused on startup acceleration.
Fund History
People
See all 5-
Aviel Ginzburg Founder, Co-founder and General Partner
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Chris DeVore Founder, Founder and Founding Managing Partner, Former Techstars Seattle Managing Director
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Tarun Vashisth Founder, Co-founder
