# Founders' Co-op General Partner III, LLC

Founders' Co-op General Partner III, LLC is a Venture Capital based in Seattle, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Seattle, United States
- **Region:** North America
- **Address:** Seattle, WA, United States
- **Founded:** 2008
- **Assets under management:** Undisclosed
- **Website:** founderscoop.com

## Regulatory record

- **CRD number:** 301859
- **SEC file number:** 802-118567
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/301859

## About

Founders' Co-Op General Partner III, LLC is an exempt reporting adviser in Seattle, WA. It is based in Seattle.

## Sectors

- Enterprise Software
- AI/ML
- Digital Health
- FinTech
- ClimateTech
- Cybersecurity
- Industry-specific SaaS

## People

- Chris DeVore — Founder and Managing Director
- Andy Sack — Managing Director

## 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.

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- [Williamson Ross Financial](https://altss.com/profile/williamson-ross-financial)
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Last updated: 2026-08-14T12:30:00.000Z

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