Cofounders Capital

Cofounders Capital is a venture capital firm based in Cary, North Carolina, that specializes in early-stage investments, particularly in the business-to-business software sector. Established in 2015, the firm collaborates with the Town of Cary to provide entrepreneurs with free lab space and expert assistance in developing and validating their startup ideas. Cofounders Capital aids in prototyping, customer vetting, and securing beta customers for these ventures. The most promising startups receive funding through the firm's seed fund, with average investments around $0.3 million, typically in exchange for minority stakes. The firm is managed by David Gardner, a seasoned entrepreneur, and supported by a team of over seventy advisers and volunteer mentors who actively contribute to the success of portfolio companies and the broader entrepreneurial ecosystem in the Triangle area.

Timothy McLoughlin

Partner

David Schantz

Advisory Board and Investor

Tobi Walter

Principal

62 past transactions

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.

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.

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.

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.

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.

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.

CureMint

Seed Round in 2020
CureMint, Inc. develops a procurement software for the dental industry. It offers CureMint, a dental procurement software that helps dental organizations by providing an ordering experience, spend visibility, and office management features. The company’s software is also used to create and manage various formularies that populate the users’ custom catalog and store with the products and prices they want their employees to purchase; prioritize the products they need; and build automated reviews and approval workflows for each user, office, and group. CureMint, Inc. was founded in 2017 and is headquartered in Durham, North Carolina.

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.

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.

Slope Software

Seed Round in 2021
Slope Software, Inc. develops cloud-based actuarial modeling and risk management solutions for insurers, actuaries, and financial institutions. It offers ALM and capital management, pricing, embedded value, and custom modeling solutions. The company also offers valuation, pricing, and cash flow testing services. The company's platform provides model development; development tools built for actuaries, assumption management; input and data management tools, model execution; robust and affordable computing in the cloud, reporting and analysis; integrated, feature-rich reporting, and analysis, and model governance; management tools to enable the robust model governance framework. Slope Software, Inc. was founded in 2015 and is based in Chamblee, Georgia.

ViewStub

Venture Round in 2021
ViewStub is a turn-key software platform for any size or type of event. The platform is designed to support content creators with hybrid, virtual, and in-person events. Our all-encompassing solution for event ticketing, video streaming, and marketing supports low-tech users to generate more revenue and reach a larger audience.

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.

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.

Savii Care

Private Placement in 2017
Savii, Inc. develops home care software solutions for private duty home care agencies. The company offers Savii Care, a Web and mobile platform that simplifies and streamlines home care agencies’ workflow from referrals to billing and payroll. It also offers Savii Connect, an app to Savii Care that allows caregivers to manage schedules, document task completion, and access electronic care journals. The company was formerly known as Akili Software, Inc. Savii, Inc. was founded in 2014 and is based in Raleigh, North Carolina.

Element451

Private Placement in 2019
Element451 empowers admissions and enrollment teams to work more efficiently as they develop stronger, more personalized engagements with prospective students. The admissions marketing and enrollment CRM is easy to use (no one has time for complicated software) and cloud-based (no one works from the same desk on the same device every day). And at its core are two of the most important ingredients for working smarter: automation and analytics. Element451 grew out of making custom enrollment technology solutions for clients of our sister-company and higher-ed marketing firm, Spark451. Now those solutions are available to schools of all sizes and budgets in a single platform that features everything needed to bring in a class.

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.

SonoClear

Private Placement in 2018
Sonoclear AS manufactures a acoustic coupling fluid for brain tumor surgery. The product eliminates image artifacts in resection cavities and can be used by doctors for performing brain tumor surgeries. Sonoclear AS was founded in 2016 and is based in Trondheim, Norway.

Element451

Seed Round in 2019
Element451 empowers admissions and enrollment teams to work more efficiently as they develop stronger, more personalized engagements with prospective students. The admissions marketing and enrollment CRM is easy to use (no one has time for complicated software) and cloud-based (no one works from the same desk on the same device every day). And at its core are two of the most important ingredients for working smarter: automation and analytics. Element451 grew out of making custom enrollment technology solutions for clients of our sister-company and higher-ed marketing firm, Spark451. Now those solutions are available to schools of all sizes and budgets in a single platform that features everything needed to bring in a class.

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.

Certificial

Series B in 2023
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.

Element451

Series B in 2022
Element451 empowers admissions and enrollment teams to work more efficiently as they develop stronger, more personalized engagements with prospective students. The admissions marketing and enrollment CRM is easy to use (no one has time for complicated software) and cloud-based (no one works from the same desk on the same device every day). And at its core are two of the most important ingredients for working smarter: automation and analytics. Element451 grew out of making custom enrollment technology solutions for clients of our sister-company and higher-ed marketing firm, Spark451. Now those solutions are available to schools of all sizes and budgets in a single platform that features everything needed to bring in a class.

Urban Offsets

Seed Round in 2016
Urban Offsets uses carbon credits from municipal street and park trees in cities across the country to target a company’s urban and suburban customers. This increases the customer's perception of the company’s value, drives sales, and helps sustain healthy municipal urban forests.

Pattern Health

Venture Round in 2021
Pattern Health Technologies, Inc. develops digital health platform that enables the researchers, and clinicians to create and validate digital health research and care programs. The company’s platform enables the user to collect and analyze data from multiple sources. The company also offers marketplace for digital health programs. Pattern Health Technologies, Inc. was founded in 2012 and is based in Durham, North Carolina.

EasyVote Solutions

Venture Round in 2018
EasyVote Solutions delivers a SaaS platform to city, county and state election offices to help manage the process of running elections. The company develops software that automates data entry, poll worker scheduling, election night reporting, and other tasks that even today remain manual processes in much of the country. The software, which is also called EasyVote, is a cloud-based application that since 2013, has been installed and used in over 175 jurisdictions throughout the United States.

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.

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.

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.

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.

RelayOne

Venture Round in 2020
RelayOne is a software solution that provides HIPAA compliant surgical schedule available on a mobile device. It is designed to help improve the communication and efficiency in the operating theatre by allowing providers, staff, and approved vendors to automatically receive updates via push notification when the status of their case changes. The company was founded in 2018 and is headquartered in Durham, North Carolina.

Slope Software

Seed Round in 2020
Slope Software, Inc. develops cloud-based actuarial modeling and risk management solutions for insurers, actuaries, and financial institutions. It offers ALM and capital management, pricing, embedded value, and custom modeling solutions. The company also offers valuation, pricing, and cash flow testing services. The company's platform provides model development; development tools built for actuaries, assumption management; input and data management tools, model execution; robust and affordable computing in the cloud, reporting and analysis; integrated, feature-rich reporting, and analysis, and model governance; management tools to enable the robust model governance framework. Slope Software, Inc. was founded in 2015 and is based in Chamblee, Georgia.

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

Private Placement 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.

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 2017
Savii, Inc. develops home care software solutions for private duty home care agencies. The company offers Savii Care, a Web and mobile platform that simplifies and streamlines home care agencies’ workflow from referrals to billing and payroll. It also offers Savii Connect, an app to Savii Care that allows caregivers to manage schedules, document task completion, and access electronic care journals. The company was formerly known as Akili Software, Inc. Savii, Inc. was founded in 2014 and is based in Raleigh, North Carolina.

Element451

Series A in 2021
Element451 empowers admissions and enrollment teams to work more efficiently as they develop stronger, more personalized engagements with prospective students. The admissions marketing and enrollment CRM is easy to use (no one has time for complicated software) and cloud-based (no one works from the same desk on the same device every day). And at its core are two of the most important ingredients for working smarter: automation and analytics. Element451 grew out of making custom enrollment technology solutions for clients of our sister-company and higher-ed marketing firm, Spark451. Now those solutions are available to schools of all sizes and budgets in a single platform that features everything needed to bring in a class.

CureMint

Seed Round in 2021
CureMint, Inc. develops a procurement software for the dental industry. It offers CureMint, a dental procurement software that helps dental organizations by providing an ordering experience, spend visibility, and office management features. The company’s software is also used to create and manage various formularies that populate the users’ custom catalog and store with the products and prices they want their employees to purchase; prioritize the products they need; and build automated reviews and approval workflows for each user, office, and group. CureMint, Inc. was founded in 2017 and is headquartered in Durham, North Carolina.

Savii Care

Seed Round in 2016
Savii, Inc. develops home care software solutions for private duty home care agencies. The company offers Savii Care, a Web and mobile platform that simplifies and streamlines home care agencies’ workflow from referrals to billing and payroll. It also offers Savii Connect, an app to Savii Care that allows caregivers to manage schedules, document task completion, and access electronic care journals. The company was formerly known as Akili Software, Inc. Savii, Inc. was founded in 2014 and is based in Raleigh, 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.

Tesser Health

Seed Round in 2016
Tesser Health LLC provides pharmacy price comparison information services. Its comparison engine analyzes pharmacy claims data, formulary information, retail prices, and alternative options to message employees with personalized drug savings opportunities. The company’s employer dashboard provides insight on drug spend, current savings, and employee engagement. The company was incorporated in 2014 and is headquartered in Miami, Florida.

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.

Feedtrail

Private Placement in 2018
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

Private Placement in 2020
RelayOne is a software solution that provides HIPAA compliant surgical schedule available on a mobile device. It is designed to help improve the communication and efficiency in the operating theatre by allowing providers, staff, and approved vendors to automatically receive updates via push notification when the status of their case changes. The company was founded in 2018 and is headquartered in Durham, North Carolina.

Slope Software

Private Placement in 2020
Slope Software, Inc. develops cloud-based actuarial modeling and risk management solutions for insurers, actuaries, and financial institutions. It offers ALM and capital management, pricing, embedded value, and custom modeling solutions. The company also offers valuation, pricing, and cash flow testing services. The company's platform provides model development; development tools built for actuaries, assumption management; input and data management tools, model execution; robust and affordable computing in the cloud, reporting and analysis; integrated, feature-rich reporting, and analysis, and model governance; management tools to enable the robust model governance framework. Slope Software, Inc. was founded in 2015 and is based in Chamblee, Georgia.

RelayOne

Private Placement in 2019
RelayOne is a software solution that provides HIPAA compliant surgical schedule available on a mobile device. It is designed to help improve the communication and efficiency in the operating theatre by allowing providers, staff, and approved vendors to automatically receive updates via push notification when the status of their case changes. The company was founded in 2018 and is headquartered in Durham, 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.

Feedtrail

Private Placement 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.

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.

EcoMap Technologies

Seed Round in 2023
EcoMap leverages AI to help entrepreneurs find the resources they need to build startups, small businesses, and nonprofits in their local communities. Our proprietary algorithms allow us to build the most robust & updated resource portals on the market, helping entrepreneurs find everything from funding to mentorship programs, and empowering ecosystem builder to make data-driven decisions regarding the development of their innovation communities.

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.

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 is a software solution that provides HIPAA compliant surgical schedule available on a mobile device. It is designed to help improve the communication and efficiency in the operating theatre by allowing providers, staff, and approved vendors to automatically receive updates via push notification when the status of their case changes. The company was founded in 2018 and is headquartered in Durham, North Carolina.

Ecobot

Private Placement 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.

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.

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.

CureMint

Private Placement in 2020
CureMint, Inc. develops a procurement software for the dental industry. It offers CureMint, a dental procurement software that helps dental organizations by providing an ordering experience, spend visibility, and office management features. The company’s software is also used to create and manage various formularies that populate the users’ custom catalog and store with the products and prices they want their employees to purchase; prioritize the products they need; and build automated reviews and approval workflows for each user, office, and group. CureMint, Inc. was founded in 2017 and is headquartered in Durham, North Carolina.

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.

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.