---
title: 'Seattle-based investor Founders’ Co-op closes largest fund yet'
date: '2021-03-02T15:23:43-08:00'
type: post
word_count: 202
char_count: 1436
tokens: 263
categories:
  - Seattle
  - VC
  - Washington
tags:
  - 'aviel ginsburg'
  - 'chris devore'
  - 'founders co-op'
  - Seattle
---

# Seattle-based investor Founders’ Co-op closes largest fund yet

While [Founders’ Co-op](https://www.founderscoop.com/) is headquartered in Seattle, the fund regularly puts money to work in Portland. So when I hear the news that they have more money to put to work, I always remain hopeful that they’ll continue that trend of investing here. Because [Founders Co-op has $50 million to invest from their latest fund](https://www.geekwire.com/2021/capital-pacific-northwest-startups-founders-co-op-raises-50m-fund-largest-yet/).

> Founders’ Co-op will continue betting on early-stage startups across Seattle, Portland, Vancouver B.C. and elsewhere. It raised a larger fund in part to write bigger checks, given increasing round sizes and the firm leading more rounds, said Chris DeVore, managing partner at Founders’ Co-op. It plans to invest in 20-to-25 companies out of the fund.
> 
> The $50 million fund is also a reflection of rising interest in the Pacific Northwest, where startups raised a record $4.4 billion last year. The fund drew more limited partners based outside of Seattle in cities such as Boston or New York.

Portland based portfolio companies, past and present, include: Airship, AppFog, Brave Care, Clickety, Reflect, Skyward, Source, Stackery, and Tindie.

For more on the latest fund, visit [GeekWire](https://www.geekwire.com/2021/capital-pacific-northwest-startups-founders-co-op-raises-50m-fund-largest-yet/).