
Cofounders Capital
102 Anna Lake Lane, Cary, North Carolina, 27513, United States
Overview
Cofounders Capital is an early stage seed fund focused on B2B software companies in the Southeast, with a particular focus on North Carolina. Created in 2015, Cofounders partners with entrepreneurs to help them vet their idea and bring their solutions to market. The most promising of these ventures are then funded through Cofounders Capital’s seed fund, one of the largest and most active seed funds in the Southeast. Cofounders Capital is managed by successful entrepreneurs David Gardner, Tim McLoughlin, and Tobi Walter with a team of over a hundred advisors and volunteer mentors who are all investors in the fund, eager to support entrepreneurship in North Carolina, and to help their portfolio companies and entrepreneurs succeed.
- Total investments
- 29
- Lead investments
- 15
- Investments · 12mo
- 4
- Active investors
- 6
Sector focus
- Financial Services
Investment portfolio
- Finley
Led · Seed · Aug 2026
Finley offers an AI-driven platform that provides proactive financial intelligence and acts as a virtual CFO for middle-market businesses. The product helps business leaders with routine financial tasks, cash flow management, inventory oversight, and strategic decision-making. Finley was founded in 2025 by Justin Norwood and Josh Pennington, both alumni of nCino, and is based in Wilmington, North Carolina. The company recently raised $1.85M in a pre-seed round led by Cofounders Capital. Finley plans to use the new capital to expand product development and to target additional industry verticals. A partner from the lead investor, Tobias Walter of Cofounders Capital, will join the company’s board.
- Truentity Health
Participated · Series A · Apr 2026
Truentity Health provides an AI-enabled platform and operational infrastructure that turns community pharmacies into continuous care settings for chronic disease management. After merging with IndyCare Health, the company now operates a multi-state network delivering reimbursable services to Medicare and Medicaid populations with physician-governed clinical oversight, billing, compliance, and workflow. Truentity says its platform embeds AI into day-to-day operations to support pharmacies in delivering chronic care without adding operational burden. The company emphasizes capital-efficient growth and reports having moved from pilot-stage proof-of-concept to a repeatable, scalable model. With the recent $3.5M Series A, Truentity plans to expand its pharmacy network across additional states, deepen market presence, and broaden clinical programs and care pathways.
- Titl
Led · Seed · Jan 2026
Founded in 2022, Titl is building a unified, digital land registry that streamlines and secures property title verification across fragmented U.S. county records. Its platform harnesses artificial intelligence to surface ownership history, liens, taxes, and code violations in minutes, while an immutable blockchain ledger keeps records tamper-resistant. Core products include TitlReport for four-minute title reports, TitlProduction for automated title commitments, TitlMonitoring for continuous fraud detection, and TitlCheck for pre-listing issue discovery. Customers such as lenders, brokers, and government agencies use these tools to shorten closing times, reduce manual errors, and mitigate cyber-fraud risk. The company plans rapid geographic expansion beyond Florida into Georgia, Maryland, Connecticut, and roughly 20 states by year-end. Financially, Titl has secured a $2.5 million seed round to scale operations and accelerate national rollout. Board involvement from Cofounders Capital brings additional enterprise SaaS expertise to support growth.
- Cycle Labs
Participated · Series B · Dec 2025
Cycle Labs builds the Cycle® Continuous Test Automation Platform, a purpose-built solution that automates testing across intertwined software stacks and physical supply-chain processes. The platform is designed for manufacturers, 3PLs, distributors, and retailers that need to adopt new technologies quickly while minimizing operational risk. By replacing slow, manual testing with automated workflows, Cycle Labs helps customers implement system updates and operational changes with greater speed and confidence. The company positions itself as the only vendor focused specifically on supply-chain test automation. With fresh capital, management plans to accelerate product and AI innovation, broaden global reach, and deepen strategic partnerships. Although no revenue or user metrics were disclosed, the new funding underscores continued investor confidence in the firm's growth trajectory.
- Meibel
Participated · Seed · May 2025
Meibel builds a runtime platform for "confident AI" that sits between data and models to manage ingestion, orchestration, evaluation, and governance for production systems. The platform emphasizes decision traceability, customizable confidence scoring, agentic and adaptive workflows, continuous adaptation without downtime, and execution controls for latency, cost, and quality. Meibel integrates with modern AI infrastructure including model hosts like Hugging Face and Ray and tooling such as LlamaIndex and LangChain, and supports SaaS, private cloud, and on-premises deployments for compliance-sensitive environments. The company cites traction in government, finance, and manufacturing and highlights a SpecBooks case study where Meibel automated complex quoting from architectural plans. Meibel plans to use new funding to grow product and engineering teams, advance core capabilities (orchestration, retrieval, and live feedback), and expand partnerships across industries adopting AI in production.