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Founders' Co-op General Partner III, LLC
Founders' Co-op is a Seattle seed-stage venture firm founded in 2008 by Chris DeVore, deploying over $100M into Pacific Northwest enterprise software startups.
Founders' Co-op General Partner III, LLC
Founders' Co-Op General Partner III, LLC is an exempt reporting adviser in Seattle, WA. It is based in Seattle.
General information
Firm type
Venture Capital
Year founded
2008
Location
Region
North America
Country
United States
City
Seattle
Corporate office
Seattle, WA, United States
Principals
Chris DeVore
Founder and Managing Director
Andy Sack
Managing Director
Sector focus
Frequently asked questions
Who runs investment decisions at Founders' Co-op?
Chris DeVore and Andy Sack serve as co-Managing Directors with equal voting rights on investment committee decisions. Both are former founders themselves; DeVore co-founded the online community Wetpaint, and Sack co-founded the e-commerce platform Abuzz (acquired by The New York Times).
How does Founders' Co-op source proprietary deal flow?
The firm relies on its extensive local network of Seattle and Portland operators, many of whom are portfolio company founders or alumni. It runs a fellowship program for aspiring technical founders that serves as a pipeline. The firm also receives referrals from its limited partners, which include experienced angels and institutional investors with Pacific Northwest ties.
What investment stages does Founders' Co-op typically target?
The firm focuses on pre-seed and seed-stage rounds, writing initial checks of $500K to $2M. It will occasionally invest in Series A rounds if it has participated in prior rounds and the company is headquartered in the Pacific Northwest. The firm explicitly avoids growth-stage or late-stage investments.
Which sectors does Founders' Co-op explicitly avoid?
Founders' Co-op does not invest in biotech, hardware, energy infrastructure, real estate, or cryptocurrencies. It focuses almost exclusively on enterprise software, B2B SaaS, and platform companies with a strong connection to the Pacific Northwest technology ecosystem.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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