United States · Investor

Founders' Co-op

Filed with the SEC to raise a fund in Mar 2025, closing $21M. Last cheque observed Oct 2019.

QuietNew fund $21M, Mar 2025VC firm

Pre-seedSeedSeries AEnterprise

Cheques on record
0%of best year0cheques in 12 months, 78 on record
Since the last cheque2564days00hrs00min00sec
Median round$5.0MCheque size, as they say$1.0M – $3.0MRounds led1 of 78Sole investor7 roundsExits13 from the portfolioMostly inUnited States, 100%
Pitch Founders' Co-op

Founders' Co-op highlights

  1. 01

    78 rounds on record

  2. 02

    Mostly Seed and Series A: 87% of its rounds

  3. 03

    Sole investor in 7 rounds, median $500K

  4. 04

    13 exits from the portfolio

What they do

THE BEST FIRST-CHECK INVESTOR IN THE PACIFIC NORTHWEST.From their own website
Type
VC firm (from a list, unverified)
Cheque size
$1.0M – $3.0M as they say
Stages
Pre-seedSeedSeries ASeries BGrowth
Sectors
Enterprise
Based in
Seattle, United States
Cold pitches
Accepted

The record

Every round we can evidence, newest first78 appearances

  1. 2019

    4 rounds

  2. Oct
    AllySeries B · US · FinSMEs$15MWith 3 others
  3. Oct
    LogixboardSeed · US · FinSMEs$4.2MWith 6 others
  4. Sept
    Brave CareSeed · US · TechCrunch$5.0MWith 5 others
  5. May
    MDMetrixUS · GeekWire$3.0MLed
  6. 2018

    2 rounds

  7. Apr
    comet.mlSeed · US · FinSMEs$2.3MWith 3 others
  8. Apr
    StackeryUS · FinSMEs$5.5MWith 2 others
  9. 2017

    3 rounds

  10. Oct
    LevelTen EnergyUS · FinSMEs$6.8MWith 5 others
  11. Jul
    BloomAPISeed · US · FinSMEs$2.4MWith 8 others
  12. Feb
    JobalineUS · FinSMEs$3.5MWith 4 others
  13. 2016

    2 rounds

  14. Jul
    LiveStoriesSeries A · US · FinSMEs$10MWith 1 other
  15. Jan
    LendUp$48MWith 28 others
  16. 2015

    6 rounds

  17. Nov
    GarmentorySeed · US$1.3MSole investor
  18. Aug
    TrueFacetVenture · US$2.7MWith 3 others
  19. May
    CSATSVenture · US$2.5MWith 3 others
  20. May
    TransposeSeed · US$1.5MWith 2 others
  21. Apr
    SkywardSeed · US$4.1MWith 6 others
  22. Apr
    LiveStoriesSeed · US$1.0MWith 1 other
  23. 2014

    6 rounds

  24. Nov
    ShippableSeries A · US$8.0MWith 3 others
  25. Sept
    GhostruckSeed · US$1.2MWith 3 others
  26. Sept
    ApptentiveSeries A · US$5.3MWith 3 others
  27. May
    JobalineSeries B · US$7.0MWith 3 others
  28. May
    SmoreSeed · US$1.7MWith 3 others
  29. Jan
    RemitlySeries A · US$5.5MWith 5 others
  30. 2013

    9 rounds

  31. Dec
    ShippableSeed · US · techcrunch.com$2.0MWith 5 others
  32. Jul
    MeldiumSeed · US · pevc.dowjones.com$1.0MWith 3 others
  33. May
    TuneSeries A · US$9.4MWith 1 other
  34. May
    HasOffersSeries A · US · techcrunch.com$9.4MWith 1 other
  35. Apr
    Haiku DeckSeries A · US · techcrunch.com$3.0MWith 4 others
  36. Mar
    GlimpzItSeed · US$1.1MWith 3 others
  37. Feb
    GroupTalentSeed · US · techcrunch.com$1.0MWith 2 others
  38. Jan
    FlexMinderSeries A · US · freshnews.com$1.4MWith 3 others
  39. Jan
    TredSeed · US · techcrunch.com$1.7MWith 9 others
  40. 2012

    10 rounds

  41. Dec
    MobileDevHQSeed · US · techcrunch.com$650KWith 4 others
  42. Dec
    TindieSeed · US · thenextweb.com$500KWith 6 others
  43. Dec
    ApptentiveSeed · US · techcrunch.com$1.2MWith 10 others
  44. Nov
    VadioSeed · US · gigaom.com$750KWith 11 others
  45. Oct
    LendUpUS · techcrunch.comUndisclosedWith 11 others
  46. Aug
    Affinity.isUSUndisclosedSole investor
  47. Jul
    Zipline GamesSeed · US · techcrunch.com$2.0MWith 1 other
  48. Jul
    Haiku DeckSeed · US · geekwire.com$300KWith 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration6 named

ASAndy SackFUND MANAGER, MANAGING MEMBERiFiling they signed
AGAniruddha GadreFUND MANAGER, MANAGING MEMBERiFiling they signed
AGAviel GinzburgDirector of General PartneriFiling they signed
CDChris DeVoreDirector of General PartneriFiling they signed
CDChristopher DevoreFUND MANAGER, MANAGING MEMBERiFiling they signed
RGRudy GadreManaging MemberiForm ADV

We also hold 8 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$317Mgross assets of its funds, 4 advisers combinedOct 2026
Exemptreporting adviserventure or small private funds
Legal name
FCV GP LLC
SEC number
CRD 301859

Exits from the portfolio

Companies it backed that were later bought or listed13 in all

TindieBought by HackadayUndisclosedAug 2015
MeldiumBought by LogMeIn$15MSept 2014
MobileDevHQBought by TuneUndisclosedAug 2014
SPARQBought by Yahoo!UndisclosedJan 2014
ZappliBought by ShopzillaUndisclosedJul 2013
AppFogBought by CenturyLinkUndisclosedJun 2013
ClipboardBought by Salesforce$12MMay 2013
AppatureBought by IMS HealthUndisclosedMar 2013
ThinkfuseBought by SalesforceUndisclosedJun 2012
The Shared WebBought by SailthruUndisclosedMay 2012
FrameBought by SailthruUndisclosedMay 2012
onefortyBought by HubSpotUndisclosedAug 2011
SparkbuyBought by GoogleUndisclosedMay 2011

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as Founders' Co-op. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Founders' Co-op put money into.

Quick answers about Founders' Co-op

What does Founders' Co-op invest in?

Founders' Co-op invests most often at Seed and Series A (87% of the rounds on record), in sectors such as Enterprise.

How active is Founders' Co-op?

78 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Oct 2019.

What has Founders' Co-op invested in recently?

Its most recent investments on record: Ally (Series B, Oct 2019), Logixboard (Seed, Oct 2019) and Brave Care (Seed, Sept 2019).

How big are Founders' Co-op's cheques?

The median round it joins is $5.0M. It says it writes cheques of $1.0M to $3.0M.

Does Founders' Co-op lead rounds?

Sometimes: it led 1 of its 78 investments on record (1%).

Where does Founders' Co-op invest?

Most of the companies it backs are in the United States (100%).

Is Founders' Co-op investing now?

No investments in the last 12 months; the latest was in Oct 2019.

Who does Founders' Co-op invest alongside?

Most often Techstars (13 rounds together), Madrona Venture Group (10 rounds together) and Social Leverage (6 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it