Predict your next investment

Venture Capital
cofounderscapital.com

See what CB Insights has to offer

Investments

43

Portfolio Exits

5

Funds

2

About Cofounders Capital

Cofounders Capital is an early-stage seed fund focused on software ventures in the Triangle. Created in 2015, Cofounders partnered with the Town of Cary to provide free lab space to entrepreneurs who receive expert help modeling and vetting their startup ideas. Cofounders Capital is managed by serially-successful entrepreneur, David Gardner with a team of over seventy advisers and volunteer mentors who are all investors in the fund, eager to support entrepreneurship in the Triangle and to help our portfolio companies and entrepreneurs succeed.

Cofounders Capital Headquarter Location

102 Anna Lake Lane

Cary, North Carolina, 27513,

United States

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Cofounders Capital News

VC: Virtual meetings market continues to grow – with pros and cons

Nov 2, 2021

Editor’s note: Investor and entrepreneur David Gardner is founder of  Cofounders Capital  in Cary and is a regular contributor to WRAL TechWire. CARY – In person meetings are back on the rise but that does not seem to be significantly curtailing the number of virtual meetings. From a market gap of $3.85 billion in 2019, climbing to $7.87 billion in 2020, it looks like the virtual meeting space is going to hold on to the vast majority of its gains in 2021 and is predicted to maintain a CAGR of 11.45% through 2026. The virtual meeting space is a quintessential example of the innovation hype cycle which demonstrates how the impact of paradigm-shifting technologies are generally over estimated for the first five years and then underestimated during the following five year period. I remember how normal it felt throughout most of my career to get on a plane and travel all day just to attend a single one-hour meeting even though I had virtual meeting technologies at my disposal. The thought of doing that today seems barbaric to me. Critics of virtual meetings have argued that the modality fosters significantly reduced engagement, productivity, learning outcomes, etc. over in person meetings. I remember reading a virtual learning report around 2009 that demonstrated that 90% of online learning students did not even have the presenter’s window up for the majority of the class. Over time, however, minimum-viable-products turn into full featured ones. When that study was done, very few laptops and computers had video cameras or synchronous user engagement tools, which I believe, significantly improved attendee participation. We also have a higher tolerance today for attendee multitasking. Admittedly, I often only give full attention to the parts of a virtual meeting that require my full attention.

Cofounders Capital Investments

43 Investments

Cofounders Capital has made 43 investments. Their latest investment was in Curemint as part of their Seed VC - III on October 10, 2021.

CBI Logo

Cofounders Capital Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/20/2021

Seed VC - III

Curemint

$2.2M

No

5

10/19/2021

Seed VC - II

Automation Intellect

$1.77M

Yes

1

8/30/2021

Seed VC - II

Slope Software

$2M

No

2

8/27/2021

Seed VC

Subscribe to see more

$99M

Subscribe to see more

10

6/8/2021

Series A

Subscribe to see more

$99M

Subscribe to see more

10

Date

10/20/2021

10/19/2021

8/30/2021

8/27/2021

6/8/2021

Round

Seed VC - III

Seed VC - II

Seed VC - II

Seed VC

Series A

Company

Curemint

Automation Intellect

Slope Software

Subscribe to see more

Subscribe to see more

Amount

$2.2M

$1.77M

$2M

$99M

$99M

New?

No

Yes

No

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

5

1

2

10

10

Cofounders Capital Portfolio Exits

5 Portfolio Exits

Cofounders Capital has 5 portfolio exits. Their latest portfolio exit was EmployUs on July 13, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/13/2021

Acquired

2

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

Date

7/13/2021

00/00/0000

00/00/0000

00/00/0000

00/00/0000

Exit

Acquired

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

Acquirer

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

2

10

10

10

10

Cofounders Capital Fund History

2 Fund Histories

Cofounders Capital has 2 funds, including Cofounders Capital Fund II.

Closing Date

Fund

Fund Type

Status

Amount

Sources

5/9/2019

Cofounders Capital Fund II

Early-Stage Venture Capital

$31.27M

6

6/30/2015

Cofounders Capital Fund I LP

Subscribe to see more

$99M

10

Closing Date

5/9/2019

6/30/2015

Fund

Cofounders Capital Fund II

Cofounders Capital Fund I LP

Fund Type

Early-Stage Venture Capital

Subscribe to see more

Status

Amount

$31.27M

$99M

Sources

6

10

Cofounders Capital Team

2 Team Members

Cofounders Capital has 2 team members, including current Founder, Managing Partner, David Gardner.

Name

Work History

Title

Status

David Gardner

Founder, Managing Partner

Current

Paul Kizakevich

Investment Partner

Current

Name

David Gardner

Paul Kizakevich

Work History

Title

Founder, Managing Partner

Investment Partner

Status

Current

Current

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.