Facts
- HQ
- Seattle, Washington, US
- Sectors
- Software Development
- Employees
- 7
- Stage
- Seed
Seattle's Founders' Co-op Raises $50M Sixth Fund to Back Early-Stage Pacific Northwest Tech Startups
Seattle venture firm Founders' Co-op has raised a $50 million sixth fund, focusing on early-stage Pacific Northwest tech startups with initial investments of $1 million to $1.5 million. Founded in 2008, the firm has backed billion-dollar companies like Remitly, Outreach, and Auth0 and aims to invest in about 30 new companies without targeting specific verticals.
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.
Seattle VCs Forecast AI Dominance and Crypto Skepticism in 2025 Tech Landscape
Seattle venture capitalists predict AI will dominate tech trends in 2025, emphasizing its integration into consumer interactions and infrastructure. While AI is expected to advance, some also view crypto as the most overhyped technology.
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.
People
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Steve Krenzel Founder, Founder and CEO