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The Venture Codex

Founders' Co-op

1605 Boylston Ave, Seattle, WA, 98122, United States

Overview

Seed-stage venture fund supporting early-stage founders.

Founded

2008

Deals ยท 12mo

9

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

United States

Sector focus

Asset Management
Financial Services
Venture Capital

Investment portfolio

104rounds
NAMEDATESIZE
logcat.ai
Jul 2026Led
$3 MSeed
Venice
Jul 2026Participated
$65 MSeries A
SageOx
May 2026Participated
$15 MSeed
StitcherAI
May 2026Led
$3 MSeed
Certiv
Mar 2026Participated
$4 MSeed
Opal
Mar 2026Participated
$6 MSeed
Arkero
Jan 2026Participated
$6 MSeed
AZX
Jan 2026Participated
$6 MSeed
Logic
Oct 2025Participated
$4 MSeed
Row Zero
May 2025Participated
$10 MSeed
Ravenna
Apr 2025Participated
$15 MSeed
Opal
Feb 2025Led
$2 MSeed
logcat.ai
Jul 2026Led
$3 MSeed
Venice
Jul 2026Participated
$65 MSeries A
SageOx
May 2026Participated
$15 MSeed
StitcherAI
May 2026Led
$3 MSeed
Certiv
Mar 2026Participated
$4 MSeed
Opal
Mar 2026Participated
$6 MSeed
Arkero
Jan 2026Participated
$6 MSeed
AZX
Jan 2026Participated
$6 MSeed
Logic
Oct 2025Participated
$4 MSeed
Row Zero
May 2025Participated
$10 MSeed
Ravenna
Apr 2025Participated
$15 MSeed
Opal
Feb 2025Led
$2 MSeed
104
Items
...
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Insights

Time horizon

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Deal Distribution

Founders' Co-op: 104 funding rounds are recorded in the selected participation categories.All available history.
Founders' Co-op: 104 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed1435
Series A020
Series B08
Series C+01
Other Equity719

Monthly Deal Activity

Founders' Co-op: 104 deals are recorded across 205 months.All available history.
Founders' Co-op: 104 deals are recorded across 205 months. All available history
MonthDeals
Oct '091
Nov '090
Dec '090
Jan '100
Feb '100
Mar '100
Apr '100
May '100
Jun '100
Jul '100
Aug '100
Sep '100
Oct '101
Nov '102
Dec '100
Jan '111
Feb '110
Mar '112
Apr '110
May '110
Jun '110
Jul '110
Aug '112
Sep '111
Oct '110
Nov '110
Dec '111
Jan '120
Feb '120
Mar '120
Apr '121
May '121
Jun '120
Jul '121
Aug '120
Sep '120
Oct '120
Nov '120
Dec '122
Jan '130
Feb '131
Mar '130
Apr '131
May '130
Jun '131
Jul '130
Aug '130
Sep '130
Oct '130
Nov '130
Dec '131
Jan '141
Feb '140
Mar '141
Apr '140
May '141
Jun '140
Jul '140
Aug '140
Sep '143
Oct '140
Nov '141
Dec '140
Jan '150
Feb '151
Mar '151
Apr '152
May '151
Jun '151
Jul '150
Aug '151
Sep '150
Oct '150
Nov '150
Dec '150
Jan '160
Feb '160
Mar '160
Apr '160
May '162
Jun '160
Jul '161
Aug '160
Sep '163
Oct '160
Nov '160
Dec '160
Jan '170
Feb '170
Mar '170
Apr '172
May '170
Jun '170
Jul '172
Aug '170
Sep '170
Oct '171
Nov '170
Dec '170
Jan '180
Feb '180
Mar '181
Apr '182
May '181
Jun '180
Jul '180
Aug '180
Sep '180
Oct '181
Nov '181
Dec '180
Jan '190
Feb '190
Mar '191
Apr '190
May '192
Jun '191
Jul '190
Aug '192
Sep '192
Oct '192
Nov '192
Dec '190
Jan '200
Feb '201
Mar '200
Apr '201
May '200
Jun '200
Jul '200
Aug '202
Sep '200
Oct '200
Nov '200
Dec '202
Jan '210
Feb '210
Mar '211
Apr '213
May '211
Jun '211
Jul '212
Aug '211
Sep '210
Oct '210
Nov '210
Dec '210
Jan '221
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '221
Oct '220
Nov '220
Dec '221
Jan '230
Feb '230
Mar '230
Apr '231
May '230
Jun '231
Jul '230
Aug '231
Sep '230
Oct '230
Nov '232
Dec '231
Jan '240
Feb '240
Mar '240
Apr '241
May '240
Jun '242
Jul '241
Aug '240
Sep '240
Oct '240
Nov '241
Dec '240
Jan '250
Feb '251
Mar '250
Apr '251
May '251
Jun '250
Jul '250
Aug '250
Sep '250
Oct '251
Nov '250
Dec '250
Jan '262
Feb '260
Mar '262
Apr '260
May '262
Jun '260
Jul '262
Aug '260
Sep '260
Oct '260

Sector Breakdown

Founders' Co-op: Enterprise Software is the largest displayed sector by deal count (41 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Founders' Co-op: Enterprise Software is the largest displayed sector by deal count (41 deals). All available history
SectorDeals
Enterprise Software41
Networks, Cloud & Communication31
Data, Analytics & IT30
AI & Machine Learning19
Fintech17
Professional Services14
Health & Life Sciences13
Developer Tools13
E-Commerce & Retail11
Marketing & Advertising9
Consumer & Lifestyle8
Transportation & Logistics7
Hardware & Robotics6
Clean Energy & Sustainability5
Food & Agriculture5
Media & Entertainment4
Government & Defense3
Cybersecurity & Privacy3
AR/VR2
Real Estate & Construction2
Manufacturing2
Travel & Hospitality1
Education & Workforce1
Space & Frontier Tech1
Crypto & Blockchain1
Gaming & eSports1

Deal Size Distribution

Founders' Co-op: 104 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Founders' Co-op: 104 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M62
$5M-$10M22
$10M-$25M15
$25M-$50M4
$50M-$100M1
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Founders' Co-op: United States has the largest recorded deal count among the displayed regions (94 deals).All available history.

Top 4 of 4 regions; European countries are grouped as Europe.

Founders' Co-op: United States has the largest recorded deal count among the displayed regions (94 deals). All available history
RegionDeals
United States94
Europe5
Canada4
981191
Founders' Co-op: 20 co-investors are shown, with Liquid 2 Ventures sharing 11 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Founders' Co-op: 20 co-investors are shown, with Liquid 2 Ventures sharing 11 recorded deals. All available history
Co-investorShared deals
Liquid 2 Ventures11
Social Leverage11
Techstars10
Madrona Venture Group9
Trilogy Equity Partners8
Maveron7
Voyager Capital7
Vulcan Capital6
WRF Capital5
Accel4
Ascend4
F-Prime Capital4
Foundry Group4
Freestyle Capital4
Two Sigma Ventures4
500 Global3
Alumni Ventures3
Arnold Venture Group3
Avista Development3
Prelude Ventures3

Investment Strategy

Founders' Co-op: Led accounts for 20% and participating for 80% of round participation.All available history.
Founders' Co-op: Led accounts for 20% and participating for 80% of round participation. All available history
CategoryDeals (count)Share (%)
Led2120%
Participating8380%
Founders' Co-op: Single-lead accounts for 81% and co-led for 19% of lead dynamics.All available history.
Founders' Co-op: Single-lead accounts for 81% and co-led for 19% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1781%
Co-led419%

Team

Andy Sack

Venture Partner

Aviel Ginzburg

General Partner

Chris DeVore

Founding Managing Partner

Rudy Gadre

General Partner, Fund III