Cofounders Capital

Cofounders Capital is a venture capital firm based in Cary, North Carolina, that specializes in early-stage, seed, and startup investments. Established in 2015, the firm focuses primarily on the business-to-business software sector and typically invests around $0.3 million per venture, often taking minority stakes. Cofounders Capital collaborates with the Town of Cary to offer free lab space to entrepreneurs, providing them with expert guidance in modeling and vetting their startup ideas. The firm assists in prototyping and connecting ventures with beta customers, ultimately funding the most promising projects through its seed fund. Cofounders Capital is managed by David Gardner, a serially successful entrepreneur, and supported by a team of over seventy advisers and volunteer mentors who are committed to fostering entrepreneurship in the Triangle region.

Timothy McLoughlin

Partner

David Schantz

Advisory Board and Investor

Tobi Walter

Principal

44 past transactions

Pattern Health

Series A in 2022
Pattern Health Technologies, Inc. is a digital health company based in Durham, North Carolina, founded in 2012. It develops a versatile platform that allows researchers and clinicians to create, validate, and deploy condition-specific digital health programs efficiently and cost-effectively. The platform facilitates the collection and analysis of data from various sources, enhancing the ability to integrate behavioral science and data-driven personalization. This integration aims to improve user engagement and adherence to health programs. Additionally, Pattern Health provides a marketplace for digital health initiatives, supporting the entire lifecycle of digital health from concept to implementation. The company is committed to advancing digital health innovation to promote healthier lifestyles.

biospatial

Series A in 2022
Biospatial, Inc. designs and develops an online cloud-based platform to alert its users regarding anomalous events related to human health and the biosphere. The platform ingests data, processes inbound data records using machine learning, and offers data feeds to end users. It offers web-based interfaces to enable users to visualize data, generate reports, and control user access. Biospatial, Inc. was incorporated in 2016 and is based in Durham, North Carolina.

Ecobot

Seed Round in 2022
Ecobot, Inc. designs and develops software that digitalizes the process of collection of scientific data for regulatory environmental monitoring, reporting, and forecasting. The company was founded in 2018 and is headquartered in Asheville, North Carolina.

Automation Intellect

Venture Round in 2021
Automation Intellect is a SaaS company that is improving industrial machine performance using data analytics. It is an asset performance management platform leveraging IIOT, cloud, and analytic capabilities. The solution provides visibility into asset performance that helps drive immediate improvements in output, downtime, and quality. Brad DeMarco founded the company in Matthews, North Carolina in 2016.

CureMint

Seed Round in 2021
CureMint, Inc. is a software company that specializes in procurement solutions for the dental industry. Founded in 2017 and headquartered in Durham, North Carolina, CureMint offers a comprehensive platform that enhances the ordering experience for dental organizations. Its software provides features for spend visibility and office management, enabling users to create and manage custom formularies that include desired products and prices. Additionally, CureMint allows organizations to prioritize essential products and establish automated reviews and approval workflows tailored to different users, offices, and groups. By centralizing and managing procurement processes, CureMint aims to streamline operations and improve efficiency within dental practices.

Slope Software

Seed Round in 2021
Slope Software, Inc. specializes in cloud-based actuarial modeling and risk management solutions tailored for insurers, actuaries, and financial institutions. Founded in 2015 and based in Chamblee, Georgia, the company offers a comprehensive platform that facilitates asset/liability modeling across various insurance products and investments. Its features support a wide range of actuarial functions, including pricing, valuation, asset-liability management (ALM), and cash flow testing. The platform is designed for ease of use, featuring a point-and-click interface that allows users to construct models without extensive programming knowledge. It effectively manages assumptions and inputs, integrating with existing data sources like Excel, and tracks all changes for model governance and validation. Results are presented through integrated business intelligence dashboards, offering visually appealing insights. Built on Amazon Web Services, the system is scalable and can handle multiple scenarios simultaneously while ensuring data security through encryption. Slope Software stands out as a pioneering provider of fully cloud-based actuarial modeling solutions.

ViewStub

Venture Round in 2021
ViewStub is a comprehensive software platform tailored for various types of events, including hybrid, virtual, and in-person formats. It facilitates event ticketing, video streaming, and marketing, catering to content creators of all skill levels. The platform enables users to upload videos, stream live events, and sell virtual access, all-access subscriptions, and merchandise. This versatility allows creators to connect with a global audience across multiple devices, including VR headsets. By providing these tools, ViewStub empowers content creators to enhance their revenue generation and maintain control over their brand.

Certificial

Series A in 2021
Certificial is a real-time intelligent insurance verification platform, designed to simplify the Supplier management process by providing businesses with instant access to their Supplier’s insurance coverage and automatic updates when changes to their coverage occurs. The Certificial API integrates directly with brokers’ APIs as well as AMS providers, offering a seamless experience and accessibility for large and small Agents and Brokers alike with no associated costs to Insurers.

Feedtrail

Venture Round in 2021
Feedtrail, Inc. develops a web and mobile-based business intelligence platform for real-time patient feedback. The company through its platform automates the collection and analysis of actionable patient and healthcare professional's feedback in real-time. Its platform offers implementation schedule, real-time organizational improvements, and proprietary analytics dashboard. The company was founded in 2015 and is based in Raleigh, North Carolina. It has an additional location in West Hollywood, California.

Element451

Series A in 2021
Element451 Inc. specializes in developing a cloud-based admissions marketing and enrollment customer relationship management (CRM) platform tailored for educational institutions. Founded in 2017 and headquartered in Raleigh, North Carolina, with additional offices in New York, the company offers a suite of products designed to streamline the admissions process and enhance engagement with prospective students. Its offerings include App451 for mobile admissions, Campaigns451 for automated communications, Conversations451 for real-time inquiries, and Decision451 to facilitate applicant review processes. Additional tools like Event45 for managing visit programs, Prospect451 for centralized prospect data, and Sites451 for personalized student microsites further support enrollment teams. With a focus on automation and analytics, Element451 provides customizable solutions that cater to schools of various sizes and budgets, aiming to optimize recruitment efforts and improve overall efficiency in enrollment activities.

Pattern Health

Venture Round in 2021
Pattern Health Technologies, Inc. is a digital health company based in Durham, North Carolina, founded in 2012. It develops a versatile platform that allows researchers and clinicians to create, validate, and deploy condition-specific digital health programs efficiently and cost-effectively. The platform facilitates the collection and analysis of data from various sources, enhancing the ability to integrate behavioral science and data-driven personalization. This integration aims to improve user engagement and adherence to health programs. Additionally, Pattern Health provides a marketplace for digital health initiatives, supporting the entire lifecycle of digital health from concept to implementation. The company is committed to advancing digital health innovation to promote healthier lifestyles.

CureMint

Seed Round in 2020
CureMint, Inc. is a software company that specializes in procurement solutions for the dental industry. Founded in 2017 and headquartered in Durham, North Carolina, CureMint offers a comprehensive platform that enhances the ordering experience for dental organizations. Its software provides features for spend visibility and office management, enabling users to create and manage custom formularies that include desired products and prices. Additionally, CureMint allows organizations to prioritize essential products and establish automated reviews and approval workflows tailored to different users, offices, and groups. By centralizing and managing procurement processes, CureMint aims to streamline operations and improve efficiency within dental practices.

RelayOne

Venture Round in 2020
RelayOne Inc. is a software company based in Durham, North Carolina, founded in 2018. It specializes in providing a mobile solution that offers a real-time surgical schedule, allowing healthcare providers and approved vendors to access and receive automatic updates on the status of surgical cases. The software is designed to enhance communication and efficiency within the operating theater by delivering push notifications when case statuses change, all while maintaining compliance with HIPAA regulations. This innovative approach aims to streamline operations and improve overall workflow in surgical environments.

Slope Software

Seed Round in 2020
Slope Software, Inc. specializes in cloud-based actuarial modeling and risk management solutions tailored for insurers, actuaries, and financial institutions. Founded in 2015 and based in Chamblee, Georgia, the company offers a comprehensive platform that facilitates asset/liability modeling across various insurance products and investments. Its features support a wide range of actuarial functions, including pricing, valuation, asset-liability management (ALM), and cash flow testing. The platform is designed for ease of use, featuring a point-and-click interface that allows users to construct models without extensive programming knowledge. It effectively manages assumptions and inputs, integrating with existing data sources like Excel, and tracks all changes for model governance and validation. Results are presented through integrated business intelligence dashboards, offering visually appealing insights. Built on Amazon Web Services, the system is scalable and can handle multiple scenarios simultaneously while ensuring data security through encryption. Slope Software stands out as a pioneering provider of fully cloud-based actuarial modeling solutions.

Ecobot

Seed Round in 2019
Ecobot, Inc. designs and develops software that digitalizes the process of collection of scientific data for regulatory environmental monitoring, reporting, and forecasting. The company was founded in 2018 and is headquartered in Asheville, North Carolina.

Element451

Seed Round in 2019
Element451 Inc. specializes in developing a cloud-based admissions marketing and enrollment customer relationship management (CRM) platform tailored for educational institutions. Founded in 2017 and headquartered in Raleigh, North Carolina, with additional offices in New York, the company offers a suite of products designed to streamline the admissions process and enhance engagement with prospective students. Its offerings include App451 for mobile admissions, Campaigns451 for automated communications, Conversations451 for real-time inquiries, and Decision451 to facilitate applicant review processes. Additional tools like Event45 for managing visit programs, Prospect451 for centralized prospect data, and Sites451 for personalized student microsites further support enrollment teams. With a focus on automation and analytics, Element451 provides customizable solutions that cater to schools of various sizes and budgets, aiming to optimize recruitment efforts and improve overall efficiency in enrollment activities.

Feedtrail

Seed Round in 2019
Feedtrail, Inc. develops a web and mobile-based business intelligence platform for real-time patient feedback. The company through its platform automates the collection and analysis of actionable patient and healthcare professional's feedback in real-time. Its platform offers implementation schedule, real-time organizational improvements, and proprietary analytics dashboard. The company was founded in 2015 and is based in Raleigh, North Carolina. It has an additional location in West Hollywood, California.

RelayOne

Seed Round in 2019
RelayOne Inc. is a software company based in Durham, North Carolina, founded in 2018. It specializes in providing a mobile solution that offers a real-time surgical schedule, allowing healthcare providers and approved vendors to access and receive automatic updates on the status of surgical cases. The software is designed to enhance communication and efficiency within the operating theater by delivering push notifications when case statuses change, all while maintaining compliance with HIPAA regulations. This innovative approach aims to streamline operations and improve overall workflow in surgical environments.

WAAM

Pre Seed Round in 2019
WAAM is a technology and toolbox that helps influential trainers and athletes monetize their fan base. The company was founded in 2017 and is headquartered in Cary, North Carolina, United States.

Map My Customers

Series A in 2019
Map My Customers offers a geospatial sales platform designed to help marketing agents map and share customers' locations. The platform features email automation, sales funnel, route optimization, charts, and easy CRM features, enabling business owners to drive more sales with visual territory management resulting in increased revenue, efficiency, and accountability. The company was founded in 2015 and is headquartered in New York.

Automation Intellect

Seed Round in 2019
Automation Intellect is a SaaS company that is improving industrial machine performance using data analytics. It is an asset performance management platform leveraging IIOT, cloud, and analytic capabilities. The solution provides visibility into asset performance that helps drive immediate improvements in output, downtime, and quality. Brad DeMarco founded the company in Matthews, North Carolina in 2016.

Ecobot

Seed Round in 2018
Ecobot, Inc. designs and develops software that digitalizes the process of collection of scientific data for regulatory environmental monitoring, reporting, and forecasting. The company was founded in 2018 and is headquartered in Asheville, North Carolina.

EasyVote Solutions

Venture Round in 2018
EasyVote Solutions, Inc. specializes in developing election management software tailored for election offices at the city, county, and state levels across the United States. Founded in 2013 and headquartered in Woodstock, Georgia, the company offers a cloud-based SaaS platform designed to streamline various electoral processes. Its software suite includes modules for inventory management, poll worker scheduling, campaign finance tracking, voter check-in, and election night reporting. By automating these tasks, which are often handled manually, EasyVote Solutions enhances efficiency and accuracy in election administration. The software has been successfully implemented in over 175 jurisdictions nationwide, demonstrating its effectiveness in modernizing the electoral process.

CareNexis

Seed Round in 2018
CareNexis is a digital health SaaS platform powering products for healthcare, health publishing, and health eCommerce. For healthcare providers, CareNexis Engage delivers personalized patient education on or off patient portal. For health publishers and health eCommerce, Ref.Health delivers automated health widgets that drive engagement, activation, and conversion. Learn more at www.carenexis.com.

Revibe Technologies

Venture Round in 2018
FokusLabs is focused on creating next generation, wearable devices to help individuals with specialized needs overcome everyday obstacles. FokusLabs helps to level the playing field for these individuals by leveraging cutting-edge haptic technology to increase focus, learning and productivity. FokusLabs' first product is a best-selling wearable, called, "RE-vibe", which increases time spent on-task by leveraging smart vibration technology through proprietary, research-based algorithms.

The Looma Project

Seed Round in 2018
Looma exists to connect consumers to the people and stories behind our products. Our AI-assisted film platform enables grocery retailers and CPG brands to produce best-in-class product videos, which are then distributed through Loop™, our in-store ad network, along with other digital channels. The data generated by Loop™ fuels our proprietary storytelling process, forming a powerful flywheel that will enable us to become the dominant provider and distributor of human-centric point-of-decision video.

ServusConnect

Seed Round in 2017
ServusConnect is designed to work with your maintenance teams and your trusted vendor community to efficiently manage all service workloads. They also provide a simple integration with your existing property management software.

Savii Care

Seed Round in 2017
Savii, Inc. specializes in developing software solutions for private duty home care agencies. The company offers Savii Care, a web and mobile platform designed to streamline the workflow of home care agencies, covering processes from referrals to billing and payroll. It also provides Savii Connect, an application that enables caregivers to manage their schedules, document task completion, and access electronic care journals. Founded in 2014 and based in Raleigh, North Carolina, Savii aims to empower home care agencies and caregivers with technology that simplifies daily tasks and enhances their focus on patient care. The platform addresses the complexities of delivering professional home care services through quicker workflows and real-time health alerts.

Feedtrail

Seed Round in 2017
Feedtrail, Inc. develops a web and mobile-based business intelligence platform for real-time patient feedback. The company through its platform automates the collection and analysis of actionable patient and healthcare professional's feedback in real-time. Its platform offers implementation schedule, real-time organizational improvements, and proprietary analytics dashboard. The company was founded in 2015 and is based in Raleigh, North Carolina. It has an additional location in West Hollywood, California.

Second Nature

Series B in 2017
Second Nature is a consumer goods company that specializes in providing air filters. It offers a web-based platform that enables people to purchase online its services include shipping, installation, and maintenance that helps their client to improve their indoor air quality and protect the HVAC system. The company was founded in 2012 and headquartered in North Carolina, United States.

Impathiq

Seed Round in 2017
At Impathiq, Inc., we create intelligently integrated electronic medical record (EMR) clinical decision support solutions that empower hospitals to improve health outcomes and reduce healthcare costs. We are passionate about shaping the future of healtcare, and we invite you to become a part our mission to make clinical decisions safer, more personalized, and more precise, for the benefit of all patients.

Map My Customers

Seed Round in 2017
Map My Customers offers a geospatial sales platform designed to help marketing agents map and share customers' locations. The platform features email automation, sales funnel, route optimization, charts, and easy CRM features, enabling business owners to drive more sales with visual territory management resulting in increased revenue, efficiency, and accountability. The company was founded in 2015 and is headquartered in New York.

ServusConnect

Seed Round in 2017
ServusConnect is designed to work with your maintenance teams and your trusted vendor community to efficiently manage all service workloads. They also provide a simple integration with your existing property management software.

Myxx

Seed Round in 2016
Myxx integrates seamlessly into retailer's current digital solutions, and allows one click selections for customers to purchase recipes tied to the SKU's of the grocers. Myxx, Led by CEO Monica Wood, allows retail grocers to capture 100% of the cart spend at the moment the recipe is selected. As loyalty cards no longer provide differentiation for grocery chains, Myxx helps increase customer retention.

Urban Offsets

Seed Round in 2016
Urban Offsets, Inc. is an environmental services company focused on combating climate change through the integration of carbon offsets with community development initiatives. Founded in 2015 and based in Greensboro, North Carolina, the company collaborates with nonprofits to sustainably manage natural resources in urban settings. It partners with cities to identify and invest in natural assets that enhance resilience against climate change impacts. Urban Offsets also assists corporations in aligning their sustainability commitments with environmental investments and develops climate strategies for universities by leveraging local businesses and communities. The company’s unique offering includes bundling third-party verified carbon offsets with tree plantings in local communities, utilizing carbon credits from municipal street and park trees to enhance corporate value, drive sales, and promote the health of urban forests.

Tesser Health

Seed Round in 2016
Tesser Health LLC, founded in 2014 and based in Miami, Florida, specializes in pharmacy price comparison information services. The company operates a web and mobile platform that utilizes pharmacy claims data, formulary information, and retail prices to help businesses identify personalized drug savings opportunities for their employees. Through its comparison engine, Tesser Health enables employers to gain insights into drug spending, current savings, and employee engagement. By leveraging physician and employee engagement alongside behavioral science, Tesser Health aims to effectively reduce prescription drug expenditures for companies.

ParkMyCloud

Seed Round in 2016
ParkMyCloud, a Turbonomic company, provides an easy-to-use platform that helps enterprises automatically identify and eliminate wasted cloud spend. More than 1,000 enterprises around the world - including Sysco, Workfront, Hitachi ID Systems, Sage Software, and National Geographic - trust ParkMyCloud to cut their cloud spend by millions of dollars annually. ParkMyCloud’s SaaS offering allows enterprises to easily manage, govern, and optimize their spend across multiple public clouds. For more information, visit www.parkmycloud.com.

Revibe Technologies

Seed Round in 2016
FokusLabs is focused on creating next generation, wearable devices to help individuals with specialized needs overcome everyday obstacles. FokusLabs helps to level the playing field for these individuals by leveraging cutting-edge haptic technology to increase focus, learning and productivity. FokusLabs' first product is a best-selling wearable, called, "RE-vibe", which increases time spent on-task by leveraging smart vibration technology through proprietary, research-based algorithms.

Savii Care

Seed Round in 2016
Savii, Inc. specializes in developing software solutions for private duty home care agencies. The company offers Savii Care, a web and mobile platform designed to streamline the workflow of home care agencies, covering processes from referrals to billing and payroll. It also provides Savii Connect, an application that enables caregivers to manage their schedules, document task completion, and access electronic care journals. Founded in 2014 and based in Raleigh, North Carolina, Savii aims to empower home care agencies and caregivers with technology that simplifies daily tasks and enhances their focus on patient care. The platform addresses the complexities of delivering professional home care services through quicker workflows and real-time health alerts.

RewardStock

Seed Round in 2015
RewardStock, Inc. operates an online rewards planning tool that provides tools and information necessary to analyze users’ reward programs and make decisions to travel on points or miles instead of cash. It provides answers to users for various questions, such as should they pay cash or use rewards to travel next time; and how to spend rewards and get credit score high. The company was incorporated in 2014 and is based in Raleigh, North Carolina.

Testive

Series A in 2015
Testive is at the forefront of developing education products that blend teachers and technology. Their private tutoring products use technology to deliver one-on-one instruction at lower cost than any other private instruction model. Over 30K students and teachers have used their test preparation technologies to help them to help them on their preparation journey. Their core platform and approach was developed at MIT to speed up the learning feedback cycle. Testive is based in Cambridge, MA with offices in Durham, NC and is an alumnus of the TechStars Boston accelerator program.

Canopy Lawn Care

Seed Round in 2015
Canopy is a landscaping company that uses technology for consumers to purchase and schedule lawn maintenance services. It uses technology to streamline operations and improve communications in order to provide an exceptional employee and customer experience. The company provides lawn care and landscaping, from weed control and fertilization to mowing and maintenance, in an environmentally responsible and intelligent fashion. Canopy Lawn Care was founded in 2014 and is headquartered in Cary, North Carolina.

EmployUs

Seed Round in 2015
EmployUs Inc. develops a mobile-first hiring application that provides users with cash rewards for connecting companies with successful job applicants. Its application enables users to view and refer a candidate for job and earn when their referrals are hired. The company was founded in 2014 and is based in Cary, North Carolina.

Factivate

Venture Round in 2015
Factivate Inc. provides a business intelligence platform for enterprises. Its platform converts spreadsheets into connected big data analytics platforms. The company was incorporated in 2012 and is based in Durham, North Carolina.