Foundry Group

Venture Capital

Overview

Foundry Group is a venture capital firm focused on making investments in early-stage information technology, Internet and software startups. Our passion is working alongside entrepreneurs to give birth to new technologies and to build those technologies into industry-leading companies.

Country: United States

Founded: 2007

Headquarters: 1050 Walnut Street, Suite 210 Boulder, CO 80302

Investment Strategy

Geography

  • North America

Sector Focus

  • Payments and Remittances
  • Infrastructure and Enterprise Software
  • Data and Analytics

Investment Stage

  • Seed
  • Early Stage Venture
  • Series A
  • Series B

Summary

As true early-stage investors, we are comfortable making small seed investments (as little as $250,000 – $500,000) to help promising entrepreneurs get their ideas off the ground. We are equally comfortable participating in larger, more traditional Series A venture financing rounds. Regardless of the size of our initial investment, the size of our fund allows us to continue to support our portfolio companies through their entire financing lifecycles.

In addition to providing the necessary venture capital to get a company up and running, we are committed to leveraging our experience in starting and growing companies, our expertise in the technology industry, and our network of relationships to help great entrepreneurs turn great ideas into great companies.

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Investments

Date

Name

Size

Round

Co-Investors

Sector

Country

June 2016

Cloudability

$24m

Series B

10Branch

Infrastructure & Enterprise Software

United States

September 2015

AvidXchange

$225m

Venture

Bain Capital Ventures, Keybank, Ron Suber, Square 1 Bank

Infrastructure & Enterprise Software

United States

September 2015

Unified

$30m

Venture

iHeartMedia, Advance Publications, Upfront Ventures

Data & Analytics

United States

April 2015

CoinTent

$1.08m

Seed

Andrew Tisch, DOnna Dubinsky, FG Angels, Leonard Shustek, Marc Bell Ventures, Mark Pincus, QueensBridge Venture Partners

Payments & Remittances

United States

April 2015

Cheddar Up

$725k

Seed

Zillionize Angel

Payments & Remittances

United States

July 2012

Cloudability

$8.7m

Series A

500 Startups, Chris Logan, Data Collective, Portland Seed Fund, SK Ventures, Trinity Ventures

Infrastructure & Enterprise Software

United States

October 2010

StockTwits

$4m

Venture

True Ventures

Data & Analytics

United States

December 2009

StockTwits

$3m

Series A

True Ventures

Data & Analytics

United States

Funds Raised

Vintage

Fund Name

Amount

2007

Foundry Venture Capital 2007, L.P

$225m

2010

Foundry Venture Capital 2010, L.P

$225m

2012

Foundry Venture Capital 2012, L.P

$225m

2013

Foundry Venture Capital Fund IV

$225m

2015

Foundry Venture Capital 2016, L.P

$225m

2016

Foundry Group Next, Fund VI

$500m

Key Employees

Brad Feld
Founder, Managing Director

Ryan McIntyre
Co-Founder & Managing Director

Jason Mendelson
Co-Founder & Managing Director