Founders’ Co-op Managing Partner Chris Devore (left) and General Partner Aviel Ginzburg. (Founders’ Co-op Photo)
Seattle venture capital firm Founders’ Co-op, an early backer of billion-dollar companies such as Remitly, Outreach, and Auth0, has raised a $50 million fund to help fuel another batch of Pacific Northwest startups.
It’s the firm’s fifth and largest fund to date since launching in 2008, and is double the size of the fourth fund raised in 2018.
Founders’ Co-op will continue betting on early-stage startups across Seattle, Portland, Vancouver B.C. and elsewhere. It raised a larger fund in part to write bigger checks,
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By: contactedorgTitle: More capital for Pacific Northwest startups: Founders’ Co-op raises $50M fund, its largest yet
Sourced From: contacted.org/more-capital-for-pacific-northwest-startups-founders-co-op-raises-50m-fund-its-largest-yet/
Published Date: Mon, 01 Mar 2021 14:00:54 +0000
source https://contacted.org/more-capital-for-pacific-northwest-startups-founders-co-op-raises-50m-fund-its-largest-yet/
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