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Founders' Co-op

Seattle, WA · Invests in US · Website

Pre-SeedSeedConsumer Apps & SocialB2B SaaSAI & Machine LearningDeveloper ToolsFintechEnterprise SoftwareDeveloper Tools & InfrastructureFintech & Payments

Thesis

Best first-check investor in the Pacific Northwest, backing wildly ambitious technical founding teams solving hard enterprise problems. Fund size is strategy — $50M allows being the best first-check rather than chasing AUM. They bet on exceptional people over specific sectors or tech trends.

Likely not a fit for

No investments outside Pacific Northwest except exceptional cases. Not a sector-specific fund. Avoids pure business founders without technical co-founders, and companies that have already raised multiple institutional rounds.

How they invest

Lead or follow
Usually leads
Typical decision
~2 weeks
Warm intro
Not required
Involvement
Takes a board seat
Fund status
Actively deploying
Decision process
Partnership vote

Partners & team

2 contacts on file

CD

Chris Devore

General PartnerFounding Managing Partner · Primary contact

+ Pitch

c•••@fo•••.com

LinkedIn profile

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AG

Aviel Ginzburg

General PartnerGeneral Partner

+ Pitch

a•••@fo•••.com

LinkedIn profile

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Portfolio

RemitlyFintech Payments

Remitly is a regulated cross-border payments company that allows users to send money internationally with a focus on speed, reliability, and transparency.

outreach.ioEnterprise Software

Outreach is a company that helps sales teams with AI-powered workflows, headquartered in Seattle, and recognized for its workplace culture and employee benefits.

Auth0Security Cyber

Auth0 provides a secure AI agent and user authentication platform, enabling developers to easily implement authentication and authorization in their applications.

KaratHr Tech Work

Karat is the world’s leader in technical interviewing, providing a powerful system for engineering leaders to take control of hiring, elevate their teams and contractors, and stay ahead in the Human + AI era.

TemporalEnterprise Software

Temporal develops and distributes the world's leading open source durable execution system. We make code fault tolerant, durable and simple. Innovative companies like Datadog, Glovo, Indeed, Netflix, Qualtrics, Remitly, Snap and Yum! Brands build their services and applications with Temporal to make them reliable to run, productive to enhance and easy to troubleshoot and repair.

Row ZeroEnterprise Software

Row Zero is a powerful spreadsheet designed for big data, offering connectivity to cloud data sources and enterprise-grade security, enabling users to analyze massive datasets with familiar spreadsheet functions.

Ravenna
Aarden AIClimate Clean Energy

Aarden helps landowners and capital allocators navigate investment decisions by combining geospatial data, market trends, and AI to determine the optimal returns for each parcel, across timber, carbon, solar, conservation, and more.

Loftium
Simply Measured
LogicEnterprise Software

Logic is a spec-driven agent platform that allows users to create production-ready AI agents from plain English specifications. It automates the process of building, testing, and deploying agents that can handle various tasks such as data extraction, moderation, and analysis.

AZXEnterprise Software

AZX company is known for its resources and information available at azx.ai. The website offers comprehensive data on various topics.

Recent activity

Founders' Co-op in the news

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Research briefRead more
Founders' Co-op Research Overview Founders' Co-op is a Seattle-based seed-stage venture capital firm founded in 2008 by Chris DeVore. Now operating with two General Partners (Chris DeVore and Aviel Ginzburg), the firm has built a 17-year track record as the Pacific Northwest's leading first-check investor. Their sixth fund ($••, closed November 2025) continues their mission of backing the most am

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