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Founders' Co-op
Aviel Ginzburg and Chris DeVore run Founders' Co-op, a two-person Seattle seed fund with no associates — a structural bet on founder-to-founder investing.
Founders' Co-op
Founders' Co-op is an SEC-registered investment adviser in Seattle, WA, registered since 2020. It advises venture capital funds and companies.
General information
Firm type
Private Equity
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Seattle
Corporate office
Seattle, WA, United States
Principals
Aviel Ginzburg
General Partner
Chris DeVore
General Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Founders' Co-op?
Every investment decision is made by the two general partners, Aviel Ginzburg and Chris DeVore. The firm explicitly states on its website that it has 'no associates, no gatekeepers.' Both partners are former founders who built, scaled, and sold their own companies before becoming investors.
How does Founders' Co-op source proprietary deal flow?
The firm sources deals primarily through its deep network in the Seattle and Pacific Northwest technology community. It has built a physical and digital community of ambitious founders in the region, open to portfolio and non-portfolio companies alike. The partners' own histories as operators in the local ecosystem also drive inbound referrals.
Is Founders' Co-op structured as a single family office or does it operate more like a venture firm?
Founders' Co-op operates as a traditional seed-stage venture capital firm, not a family office. It manages outside capital and makes minority equity investments in early-stage technology companies.
Does Founders' Co-op participate in fund commitments or only direct deals?
The firm makes only direct seed-stage investments. It does not publicly describe any practice of committing capital to other venture funds as a limited partner.
What investment stages does Founders' Co-op typically target?
Founders' Co-op targets the earliest stage of company formation. It explicitly describes its focus as 'pre-product, pre-revenue' and positions itself as a first-check investor for technical founding teams.
Which sectors does Founders' Co-op explicitly avoid?
The firm states it backs 'people solving hard problems in the enterprise,' which implies a focus on enterprise software and a likely de-prioritization of consumer, hardware, and life sciences. No formal exclusion list is publicly posted.
Does Founders' Co-op have any affiliated philanthropic vehicles or non-investment entities?
No philanthropic foundations, operating companies, or other affiliated vehicles are publicly disclosed. The firm's public presence describes only the core venture fund.
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