Cofounders Capital

Cofounders Capital, established in 2015 and based in Cary, North Carolina, is a venture capital firm focused on early-stage, seed, and startup investments in the Southeast region, particularly North Carolina. The firm specializes in the business-to-business (B2B) software sector, investing an average of $0.3 to $0.4 million per venture. Cofounders Capital takes minority stakes and partners with entrepreneurs to help validate ideas and bring solutions to market. The firm is managed by successful entrepreneurs David Gardner, Tim McLoughlin, and Tobi Walter, supported by a team of over a hundred advisors and mentors who are also investors in the fund.

Daniel Coley

Associate

Vickie Gibbs

Venture Partner

Tim McLoughlin

Managing Partner

Tobias Walter

Principal and Tech VC

Tobi Walter

Partner

Past deals in North Carolina

Automation Intellect

Venture Round in 2022
Automation Intellect is a software-as-a-service (SaaS) company founded in 2016 by Brad DeMarco in Matthews, North Carolina. The company specializes in an asset performance management platform that utilizes data analytics, cloud technology, and the Industrial Internet of Things (IIOT) to enhance industrial machine performance. Its software provides real-time insights into machine availability, performance, and quality, enabling users to monitor and improve operational efficiency. By offering tools that help identify and address performance issues, Automation Intellect aims to reduce costs associated with poor machine performance and drive immediate improvements in output, downtime, and quality for its customers.

Element451

Series B in 2022
Element451 Inc. is a technology company that provides a cloud-based admissions marketing and enrollment customer relationship management (CRM) platform. 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 college enrollment process. These include App451 for mobile admissions, Campaigns451 for automated communication, Conversations451 for real-time question handling, and Decision451 for efficient applicant review and notification. Other offerings such as Event45 facilitate the management of visit programs and webinars, while Prospect451 gives a centralized view of prospective student data. Element451's platform emphasizes automation and analytics, allowing admissions teams to engage with prospective students more effectively and optimize their recruitment strategies. The technology is designed to be user-friendly and accessible, catering to institutions of various sizes and budgets.

Biospatial

Series A in 2022
Biospatial, Inc. is a company that develops a cloud-based platform aimed at enhancing public health by analyzing prehospital data. Founded in 2016 and located in Durham, North Carolina, the platform aggregates and processes electronic Patient Care Reports from state and local Emergency Medical Services (EMS) agencies. Utilizing machine learning and artificial intelligence, Biospatial's technology enables healthcare entities to visualize data, generate reports, and access real-time information, ultimately supporting informed emergency responses and improving patient outcomes across the healthcare system. The platform facilitates a national network of data partners, promoting collaboration within the public health sector to enhance overall population health and safety.

Ecobot

Seed Round in 2022
Ecobot, Inc. is a software company founded in 2018 and headquartered in Asheville, North Carolina. It specializes in developing a cloud-based platform that digitalizes the collection of scientific data for regulatory environmental monitoring and reporting. The platform is designed for the architecture, engineering, and construction (AEC) industry, facilitating the optimization of mandatory environmental permitting processes. By leveraging real-time field data, Ecobot enables its customers to enhance efficiency throughout the construction lifecycle, ultimately reducing complexity and accelerating regulatory approval. The platform also incorporates proprietary biodiversity data and anonymized geospatial regulatory reporting, providing valuable insights that contribute to informed decision-making in environmental management.

Automation Intellect

Venture Round in 2021
Automation Intellect is a software-as-a-service (SaaS) company founded in 2016 by Brad DeMarco in Matthews, North Carolina. The company specializes in an asset performance management platform that utilizes data analytics, cloud technology, and the Industrial Internet of Things (IIOT) to enhance industrial machine performance. Its software provides real-time insights into machine availability, performance, and quality, enabling users to monitor and improve operational efficiency. By offering tools that help identify and address performance issues, Automation Intellect aims to reduce costs associated with poor machine performance and drive immediate improvements in output, downtime, and quality for its customers.

CureMint

Seed Round in 2021
CureMint, Inc. is a provider of cloud-based procurement software tailored for the dental industry, headquartered in Durham, North Carolina. Founded in 2017, CureMint offers a comprehensive platform that manages the entire procurement lifecycle, enabling dental organizations to streamline purchasing, vendor management, and invoicing processes. Its software features modules that enhance the ordering experience for office staff while providing managers with tools for improved visibility and control over spending. The platform also facilitates the creation and management of custom formularies, allowing organizations to prioritize essential products and establish automated approval workflows. By addressing the fragmented procurement process, CureMint empowers dental practices to make informed purchasing decisions and optimize operational efficiency.

Feedtrail

Venture Round in 2021
Feedtrail, Inc. is a technology company based in Raleigh, North Carolina, with an additional location in West Hollywood, California. Founded in 2015, Feedtrail offers a web and mobile-based platform designed for real-time patient feedback in healthcare settings. The platform automates the collection and analysis of feedback from both patients and healthcare professionals, enabling organizations to make informed, timely improvements. By capturing interactions as they occur, Feedtrail allows healthcare providers to engage with patients and staff throughout the care journey, enhancing communication and overall experiences. The platform is user-friendly, requires no additional hardware, and integrates seamlessly with existing electronic health record systems. With advanced analytics and dedicated customer support, Feedtrail helps healthcare organizations identify areas for enhancement and respond effectively to feedback, ultimately aiming to foster better health outcomes and patient-centered care.

Element451

Series A in 2021
Element451 Inc. is a technology company that provides a cloud-based admissions marketing and enrollment customer relationship management (CRM) platform. 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 college enrollment process. These include App451 for mobile admissions, Campaigns451 for automated communication, Conversations451 for real-time question handling, and Decision451 for efficient applicant review and notification. Other offerings such as Event45 facilitate the management of visit programs and webinars, while Prospect451 gives a centralized view of prospective student data. Element451's platform emphasizes automation and analytics, allowing admissions teams to engage with prospective students more effectively and optimize their recruitment strategies. The technology is designed to be user-friendly and accessible, catering to institutions of various sizes and budgets.

CureMint

Seed Round in 2020
CureMint, Inc. is a provider of cloud-based procurement software tailored for the dental industry, headquartered in Durham, North Carolina. Founded in 2017, CureMint offers a comprehensive platform that manages the entire procurement lifecycle, enabling dental organizations to streamline purchasing, vendor management, and invoicing processes. Its software features modules that enhance the ordering experience for office staff while providing managers with tools for improved visibility and control over spending. The platform also facilitates the creation and management of custom formularies, allowing organizations to prioritize essential products and establish automated approval workflows. By addressing the fragmented procurement process, CureMint empowers dental practices to make informed purchasing decisions and optimize operational efficiency.

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.

Ecobot

Seed Round in 2019
Ecobot, Inc. is a software company founded in 2018 and headquartered in Asheville, North Carolina. It specializes in developing a cloud-based platform that digitalizes the collection of scientific data for regulatory environmental monitoring and reporting. The platform is designed for the architecture, engineering, and construction (AEC) industry, facilitating the optimization of mandatory environmental permitting processes. By leveraging real-time field data, Ecobot enables its customers to enhance efficiency throughout the construction lifecycle, ultimately reducing complexity and accelerating regulatory approval. The platform also incorporates proprietary biodiversity data and anonymized geospatial regulatory reporting, providing valuable insights that contribute to informed decision-making in environmental management.

Element451

Seed Round in 2019
Element451 Inc. is a technology company that provides a cloud-based admissions marketing and enrollment customer relationship management (CRM) platform. 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 college enrollment process. These include App451 for mobile admissions, Campaigns451 for automated communication, Conversations451 for real-time question handling, and Decision451 for efficient applicant review and notification. Other offerings such as Event45 facilitate the management of visit programs and webinars, while Prospect451 gives a centralized view of prospective student data. Element451's platform emphasizes automation and analytics, allowing admissions teams to engage with prospective students more effectively and optimize their recruitment strategies. The technology is designed to be user-friendly and accessible, catering to institutions of various sizes and budgets.

Feedtrail

Seed Round in 2019
Feedtrail, Inc. is a technology company based in Raleigh, North Carolina, with an additional location in West Hollywood, California. Founded in 2015, Feedtrail offers a web and mobile-based platform designed for real-time patient feedback in healthcare settings. The platform automates the collection and analysis of feedback from both patients and healthcare professionals, enabling organizations to make informed, timely improvements. By capturing interactions as they occur, Feedtrail allows healthcare providers to engage with patients and staff throughout the care journey, enhancing communication and overall experiences. The platform is user-friendly, requires no additional hardware, and integrates seamlessly with existing electronic health record systems. With advanced analytics and dedicated customer support, Feedtrail helps healthcare organizations identify areas for enhancement and respond effectively to feedback, ultimately aiming to foster better health outcomes and patient-centered care.

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.

Automation Intellect

Seed Round in 2019
Automation Intellect is a software-as-a-service (SaaS) company founded in 2016 by Brad DeMarco in Matthews, North Carolina. The company specializes in an asset performance management platform that utilizes data analytics, cloud technology, and the Industrial Internet of Things (IIOT) to enhance industrial machine performance. Its software provides real-time insights into machine availability, performance, and quality, enabling users to monitor and improve operational efficiency. By offering tools that help identify and address performance issues, Automation Intellect aims to reduce costs associated with poor machine performance and drive immediate improvements in output, downtime, and quality for its customers.

Ecobot

Seed Round in 2018
Ecobot, Inc. is a software company founded in 2018 and headquartered in Asheville, North Carolina. It specializes in developing a cloud-based platform that digitalizes the collection of scientific data for regulatory environmental monitoring and reporting. The platform is designed for the architecture, engineering, and construction (AEC) industry, facilitating the optimization of mandatory environmental permitting processes. By leveraging real-time field data, Ecobot enables its customers to enhance efficiency throughout the construction lifecycle, ultimately reducing complexity and accelerating regulatory approval. The platform also incorporates proprietary biodiversity data and anonymized geospatial regulatory reporting, providing valuable insights that contribute to informed decision-making in environmental management.

CareNexis

Seed Round in 2018
CareNexis, Inc. specializes in developing digital health solutions aimed at enhancing patient engagement and education in healthcare. Based in Cary, North Carolina, the company offers a range of products, including the Care Planner health information portal, which provides comprehensive information on various health conditions and caregiving topics. Through its My Product Finder feature, CareNexis offers tailored product recommendations by integrating data from patient portals and websites. The company also plans to introduce the Code:Lock platform for generating health-related content and product suggestions. Additionally, CareNexis Engage delivers personalized patient education, while Ref.Health offers automated health widgets for health publishers and eCommerce, facilitating user engagement and conversion. Founded in 2018, CareNexis aims to make healthcare more accessible and affordable for patients and providers alike.

Revibe

Venture Round in 2018
Revibe Technologies, Inc. specializes in the development of wearable devices designed to assist individuals facing challenges in focus and concentration, particularly in educational and workplace environments. The company's flagship product, the Revibe Anti-Distraction Wristwear, serves as a reminder wristband that utilizes smart vibration technology and research-based algorithms to help users improve their on-task behavior. By integrating psychological principles with innovative technology, Revibe Technologies aims to enhance learning and productivity for both children and adults. Founded in 2015 and headquartered in Wake Forest, North Carolina, Revibe Technologies was previously known as FokusLabs Behavioral Solutions, Inc. Its products provide supportive alternatives for those struggling with attention, ultimately creating more equitable opportunities in education and work settings.

The Looma Project

Seed Round in 2018
The Looma Project, Inc. is a company based in Durham, North Carolina, that focuses on enhancing the retail experience through digital storytelling. Established in 2015, Looma manufactures Loop, a network of tablets that display short, human-centric videos designed to connect consumers with the stories behind their products. This platform not only creates brand profiles but also facilitates customer engagement at the point of sale by providing educational and inspirational content. By collaborating with filmmakers and content creators, Looma delivers relevant, point-of-decision videos that enrich the shopping experience and promote deeper connections between consumers and the brands they support.

ServusConnect

Seed Round in 2017
ServusConnect, Inc. is a company that specializes in developing property management software tailored for the real estate industry. Founded in 2014 and headquartered in Raleigh, North Carolina, ServusConnect offers a platform that enhances the efficiency of maintenance operations by streamlining service workloads. The software integrates seamlessly with existing property management systems, allowing maintenance teams and vendors to collaborate effectively. By eliminating the need for printing, manual distribution of service requests, and vague repair documentation, the platform facilitates the creation of mobile work orders. This innovation aims to improve operational efficiency and enhance residential satisfaction.

Savii Care

Seed Round in 2017
Savii Care, established in 2014 and headquartered in Raleigh, North Carolina, specializes in developing software solutions for private duty home care agencies. Their flagship product, Savii Care, is a web and mobile platform that efficiently manages agency workflows, from referrals to billing and payroll. Additionally, Savii Connect, an app integrated with Savii Care, enables caregivers to manage schedules, document tasks, and access electronic care journals. The company's mission is to equip home care agencies and caregivers with technology that simplifies daily tasks, allowing them to focus on providing quality care.

Feedtrail

Seed Round in 2017
Feedtrail, Inc. is a technology company based in Raleigh, North Carolina, with an additional location in West Hollywood, California. Founded in 2015, Feedtrail offers a web and mobile-based platform designed for real-time patient feedback in healthcare settings. The platform automates the collection and analysis of feedback from both patients and healthcare professionals, enabling organizations to make informed, timely improvements. By capturing interactions as they occur, Feedtrail allows healthcare providers to engage with patients and staff throughout the care journey, enhancing communication and overall experiences. The platform is user-friendly, requires no additional hardware, and integrates seamlessly with existing electronic health record systems. With advanced analytics and dedicated customer support, Feedtrail helps healthcare organizations identify areas for enhancement and respond effectively to feedback, ultimately aiming to foster better health outcomes and patient-centered care.

Second Nature

Series B in 2017
Second Nature Brands, Inc. is a consumer goods company based in Raleigh, North Carolina, that specializes in subscription-based delivery services for home air filters. Founded in 2012, the company offers a web-based platform for customers to easily order air filters tailored to the specific needs of their heating, ventilation, and air conditioning (HVAC) systems. By providing automatic, recurring shipments of the correct size air filters directly to customers' doorsteps, Second Nature helps improve indoor air quality while also protecting HVAC systems. Additionally, the company offers health, vision, and dental insurance solutions. Formerly known as FilterEasy Inc., it rebranded to Second Nature Brands, Inc. in August 2019.

ServusConnect

Seed Round in 2017
ServusConnect, Inc. is a company that specializes in developing property management software tailored for the real estate industry. Founded in 2014 and headquartered in Raleigh, North Carolina, ServusConnect offers a platform that enhances the efficiency of maintenance operations by streamlining service workloads. The software integrates seamlessly with existing property management systems, allowing maintenance teams and vendors to collaborate effectively. By eliminating the need for printing, manual distribution of service requests, and vague repair documentation, the platform facilitates the creation of mobile work orders. This innovation aims to improve operational efficiency and enhance residential satisfaction.

Revibe

Seed Round in 2016
Revibe Technologies, Inc. specializes in the development of wearable devices designed to assist individuals facing challenges in focus and concentration, particularly in educational and workplace environments. The company's flagship product, the Revibe Anti-Distraction Wristwear, serves as a reminder wristband that utilizes smart vibration technology and research-based algorithms to help users improve their on-task behavior. By integrating psychological principles with innovative technology, Revibe Technologies aims to enhance learning and productivity for both children and adults. Founded in 2015 and headquartered in Wake Forest, North Carolina, Revibe Technologies was previously known as FokusLabs Behavioral Solutions, Inc. Its products provide supportive alternatives for those struggling with attention, ultimately creating more equitable opportunities in education and work settings.

Savii Care

Seed Round in 2016
Savii Care, established in 2014 and headquartered in Raleigh, North Carolina, specializes in developing software solutions for private duty home care agencies. Their flagship product, Savii Care, is a web and mobile platform that efficiently manages agency workflows, from referrals to billing and payroll. Additionally, Savii Connect, an app integrated with Savii Care, enables caregivers to manage schedules, document tasks, and access electronic care journals. The company's mission is to equip home care agencies and caregivers with technology that simplifies daily tasks, allowing them to focus on providing quality care.

RewardStock

Seed Round in 2015
RewardStock, Inc. is a web-based platform that assists users in optimizing their travel rewards by analyzing various points and miles programs. Founded in 2014 and based in Raleigh, North Carolina, the company provides tools and insights that enable users to make informed decisions about whether to pay cash or utilize rewards for travel. The platform aggregates information on credit cards tailored for specific trips, tracks reward points in one centralized location, and offers guidance on effective travel techniques. By simplifying the process of earning, tracking, and using reward points, RewardStock aims to help travelers save money and maximize the value of their rewards for booking trips.

Testive

Series A in 2015
Testive, Inc. is an educational technology company that offers an online platform for students preparing for standardized tests such as the SAT and ACT. Founded in 2011 and headquartered in Boston, Massachusetts, with an additional office in Durham, North Carolina, Testive combines personalized coaching with advanced technology to enhance the learning experience. The platform utilizes adaptive algorithms to assess students' strengths and weaknesses, thereby providing tailored preparation programs. With over 30,000 users, including students and teachers, Testive's approach is grounded in research developed at MIT, aiming to accelerate the learning feedback cycle and deliver effective one-on-one instruction at a lower cost compared to traditional private tutoring.

Canopy Lawn Care

Seed Round in 2015
Canopy Lawn Care, Inc. is a landscaping company headquartered in Cary, North Carolina, that specializes in providing comprehensive lawn maintenance services to homeowners. Founded in 2014, the company employs a technology-driven approach to enhance customer and employee experiences while streamlining operations. Canopy offers a variety of services, including weed control, fertilization, aeration, over seeding, bed maintenance, pruning, and mosquito management, among others. The company emphasizes environmentally responsible practices and science-based methods to improve soil health, ensuring that clients receive lush and healthy lawns.

EmployUs

Seed Round in 2015
EmployUs Inc. is a company based in Cary, North Carolina, that specializes in a mobile-first hiring application designed to enhance the recruitment process through employee referrals. Founded in 2014, the platform allows users to refer candidates for job openings directly from their smartphones, facilitating a seamless referral process. Users benefit from cash rewards when their referrals lead to successful hires, creating an incentive for employees to participate in the recruiting efforts. EmployUs aims to empower organizations by leveraging their employees and their networks, ultimately streamlining the hiring process and improving recruitment outcomes.
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