United States · Investor

Foundry Group

Last cheque observed Oct 2026; 352 cheques on record.

Deploying nowNew fund $86M, Jun 2026VC firm

Pre-seedSeedSeries AAI & Machine LearningAdvertising (AdTech)Apps

Deploying now
40%of best year6cheques in 12 months, 352 on record
Since the last cheque1days00hrs00min00sec
Median round$15MRounds led64 of 352Sole investor53 roundsExits20 from the portfolioMostly inUnited States, 98%
Pitch Foundry Group

Foundry Group highlights

  1. 01

    6 cheques in the last 12 months

  2. 02

    Mostly Series A and Series B: 61% of its rounds

  3. 03

    Sole investor in 53 rounds, median $5.0M

  4. 04

    20 exits from the portfolio

What they do

Filed 2 private fund offerings with the SEC, the most recent in 2018-06From their own website
Type
VC firm (from a list, unverified)
Cheque size
Not stated
Stages
Pre-seedSeedSeries ASeries BGrowthPre-IPO
Sectors
AI & Machine LearningAdvertising (AdTech)Apps
Based in
Boulder, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first352 appearances

  1. 2026

    5 rounds

  2. Oct
    Midstream HealthSeries A · US · The SaaS News$20MWith 3 others
  3. May
    XometryUS$225MWith 1 other
  4. Apr
    GravitySeed · US$7.0MWith 4 others
  5. Mar
    WhoopGrowth · US · Crunchbase News$575MWith 24 others
  6. Feb
    mpathicSeries A · US · Foundry Group$15MLed
  7. 2025

    14 rounds

  8. Dec
    SuperCircleSeries A · US · Ventureburn$24MLed
  9. Oct
    Authentic8Debt · US$12MSole investor
  10. Jul
    FlexPointSeries A · US · Foundry GroupUndisclosedLed
  11. Jul
    RealWearVenture · US$650KWith 2 others
  12. Jun
    XometryDebt · US$250MWith 2 others
  13. May
    FlexPointSeries A · US · TechStartups$12MLed
  14. May
    LandingDebt · US$180MWith 4 others
  15. May
    MolekuleVenture · US$6.6MWith 4 others
  16. May
    StackHawkSeries B · US$12MWith 4 others
  17. Apr
    Ferrum HealthVenture · USUndisclosedWith 3 others
  18. Apr
    TraceraSeries A · US$12MWith 2 others
  19. Apr
    JonesSeries A · US$10MWith 4 others
  20. Feb
    SingleFile TechnologiesSeries A · US$9.1MWith 1 other
  21. Jan
    ButlrVenture · US$7.0MWith 4 others
  22. 2024

    7 rounds

  23. Dec
    Sofar OceanVenture · US$22MWith 3 others
  24. Sept
    Ferrum HealthSeries A · US · Foundry Group$16MLed
  25. Aug
    8baseVenture · USUndisclosedWith 2 others
  26. Jul
    GigproSeries A · US · Foundry Group$16MLed
  27. Jul
    BolsterVenture · US$8.2MWith 4 others
  28. Jun
    RegardSeries B · US$61MWith 3 others
  29. Jan
    The Pro's ClosetVenture · US$20MWith 2 others
  30. 2023

    10 rounds

  31. Dec
    HitchPinVenture · US$5.6MSole investor
  32. Oct
  33. Sept
    DeduceSeries B · US$9.0MWith 4 others
  34. Sept
    Optimize HealthSeries B · US$18MWith 3 others
  35. Sept
    MapboxSeries E · US$280MWith 4 others
  36. Aug
    MacroFabVenture · US$20MWith 4 others
  37. Jul
    Running TideGrant · US$250KWith 4 others
  38. May
    GlowforgeSeries E · US$20MWith 2 others
  39. Jan
    MacroFabSeries C · US · Foundry GroupUndisclosedWith 2 others
  40. Jan
    LoopUS$10MWith 2 others
  41. 2022

    16 rounds

  42. Dec
    BlocknativeSeries A · US$15MWith 5 others
  43. Dec
    Two Bit CircusVenture · US$945KWith 2 others
  44. Nov
    Parallel DomainSeries B · US$30MWith 3 others
  45. Nov
    Elevate SecurityVenture · USUndisclosedWith 4 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 registration11 named

AMAustin MadduxVice President of Manager of General PartneriFiling they signed
BABrad A. FeldA Managing Director of the General PartneriFiling they signed
BABradley Andrew FeldA Managing Director of the General PartneriFiling they signed
CMChris MoodyA Managing Director of the General PartneriFiling they signed
JSJames SperansA Managing Director of the General PartneriFiling they signed
JAJason A. MendelsonA Managing Director of the General PartneriFiling they signed
JMJason Marc LynchChief Compliance Officer, Chief Legal Officer (Foundry Group LLC)iForm ADV
LLLena Louise GiacominiChief Financial Officer (Foundry Group LLC)iForm ADV
LJLindel J. EakmanA Managing Director of the General PartneriFiling they signed
RARyan Andrew McintyreA Managing Director of the General PartneriFiling they signed
SJSeth Jason LevineA Managing Director of the General PartneriFiling they signed

We also hold 14 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

$3.5Bassets it managesOct 2026
Registeredinvestment adviserfull reporting to the SEC
Legal name
Foundry Group, LLC
SEC number
CRD 159541

Funds on its Form ADV

15 private funds, $3.4B in gross assets · filed Mar 2024

  1. Foundry Group Next 2018, L.P.Venture63 investors$779M
  2. Foundry Group Next, L.P.Venture39 investors$769M
  3. Foundry 2022, L.P.Venture45 investors$515M
  4. Foundry Venture Capital 2010, L.P.Venture28 investors$370M
  5. Foundry Venture Capital 2013, L.P.Venture16 investors$318M
  6. Foundry Group Select Fund, L.P.Venture22 investors$201M
  7. Foundry Venture Capital 2016, L.P.Venture28 investors$167M
  8. Foundry Group Next 2018 Partner Fund, L.P.Venture2 investors$144M
  9. Foundry Venture Capital 2010 Annex, L.P.Venture24 investors$52M
  10. FGSF TS SPV, L.P.Venture7 investors$36M

And 5 more on the filing.

Funds they back

1 fund commitment on record

Managers
1

Every fund on record that it has committed money to, and the managers who invest it.Source: fund news.

Managers it backs most

Most recent commitments

Exits from the portfolio

Companies it backed that were later bought or listed20 in all

FitbitBought by GoogleUndisclosedJan 2021
Next Big SoundBought by Pandora MediaUndisclosedMay 2015
TriggitBought by Gravity4UndisclosedMar 2015
LinkSmart, Inc.Bought by VigLinkUndisclosedNov 2014
isocketBought by Rubicon ProjectUndisclosedNov 2014
RevolvBought by Nest LabsUndisclosedOct 2014
GnipBought by Twitter$134MAug 2014
SifteoBought by 3D RoboticsUndisclosedJul 2014
awe.smBought by UnifiedUndisclosedMay 2014
Topspin MediaBought by Beats MusicUndisclosedMar 2014
Attachments.meBought by YeswareUndisclosedNov 2013
SideTourBought by GrouponUndisclosedSept 2013
Standing CloudBought by AppDirect$9.0MSept 2013
SinglyBought by AppceleratorUndisclosedAug 2013
MakerBotBought by Stratasys$403MJun 2013
ZyngaListedUndisclosedDec 2011
SimpleGeoBought by Urban AirshipUndisclosedOct 2011
Lijit NetworksBought by Federated MediaUndisclosedOct 2011
AdmeldBought by Google$400MJun 2011
GistBought by BlackBerryUndisclosedFeb 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 Foundry Group. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Foundry Group put money into.

Books by the people here

6 books written by people at Foundry Group: Brad Feld.

More books for founders and investors on the Reading List.

As an Amazon Associate we earn from qualifying purchases.

On podcasts

6 episodes naming Foundry Group in the title, and 4 more that mention it.

Mentioned in

Quick answers about Foundry Group

What does Foundry Group invest in?

Foundry Group invests most often at Series A and Series B (61% of the rounds on record), in sectors such as AI & Machine Learning, Advertising (AdTech) and Apps.

How active is Foundry Group?

352 investments on record, 6 of them in the last 12 months, and it led 64. The most recent was in Oct 2026.

What has Foundry Group invested in recently?

Its most recent investments on record: Midstream Health (Series A, Oct 2026), Xometry (Undisclosed round, May 2026) and Gravity (Seed, Apr 2026).

How big are Foundry Group's cheques?

The median round it joins is $15M.

Does Foundry Group lead rounds?

Yes: it led 64 of its 352 investments on record (18%).

Where does Foundry Group invest?

Most of the companies it backs are in the United States (98%).

Is Foundry Group investing now?

Yes: it is actively investing, with 6 investments in the last 12 months.

Who does Foundry Group invest alongside?

Most often Techstars (30 rounds together), 500 Global (17 rounds together) and True Ventures (15 rounds together).

Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

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