Foundry Group

Foundry Group is a venture capital firm focused on making early-stage technology investments, participating in select growth rounds, and identifying and supporting the next generation of venture fund managers.

Our passion is working alongside entrepreneurs to give birth to new technologies and to build those technologies into industry-leading companies. We also seek to leverage our experience and relationships as fund managers to help new and existing venture firms create industry leading investment businesses. We’re centrally located in Boulder, CO, but we invest in companies and funds across North America.

We started Foundry Group in 2007 as true early-stage investors, making Seed and Series A investments to help promising entrepreneurs get their ideas off the ground. As our portfolio and network grew, so did the vision of Foundry Group. This led us to raise Foundry Group Select, a fund focused on growth stage investments in the existing Foundry Group portfolio. The success of both our early stage investment strategy combined with Foundry Group Select’s growth strategy, as well as personal investments we made in over fifty venture funds, led us to institutionalize this strategy and launch FG Next – a hybrid fund of funds and growth stage direct investment vehicle.

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HQBoulder, CO, US
Cybersecurity ratingAMore
Foundry Group was founded in 2006 and is headquartered in Boulder, CO, US

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Key People/Management at Foundry Group

Lindel Eakman

Lindel Eakman

Brad Feld

Brad Feld

Partner, Managing Director
Lena Giacomini

Lena Giacomini

Chief Financial Officer
Seth Levine

Seth Levine

Partner, Managing Director
Jaclyn Hester

Jaclyn Hester

Jason Lynch

Jason Lynch

General Counsel
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Foundry Group Office Locations

Foundry Group has an office in Boulder
Boulder, CO, US (HQ)
1050 Walnut St
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Foundry Group News and Updates

The Foundry Group director who's funded Fitbit and Zynga explains why market size is the most overrated factor for VCs investing in early-stage startups

Brad Feld is a managing director at Foundry Group, a VC fund with a portfolio that includes Fitbit, Zynga, and SendGrid.  He spoke on an episode of the Twenty Minute VC podcast with Harry Stebbings about why market size isn't the most important consideration for early-stage startups. The danger wi…

Foundry Group quietly announces a big fat $750 million fund

Foundry Group, the Boulder, Co.-based venture firm cofounded 11 years ago by startup whisperer Brad Feld, has raised a $750 million seventh fund to target early-stage and growth-stage companies, as well as to invest in other venture funds. It sounds like — and is — a lot of money, though the firm no…

Foundry Group goes after board meetings in latest video

The Foundry Group released its Manifesto on Board Meetings, a video aimed at setting record straight on "bored" meetings.

Foundry Group adds Jamey Sperans to roster

The Foundry Group announced that longtime LP Jamey Sperans is joining the firm in Boulder, Colorado, as a partner. Since 2001, Sperans had been with Morgan Stanley, which was one of Foundry Group’s initial LPs decade ago. At Found Group, Sperans will work on the Foundry Group Next strategy, the firm…

Foundry Group contributes $100,000 to Time’s Up legal defense fund

The Foundry Group said it would contributed $100,000 to the Time’s Up legal defense fund and work to create a sub-group in the fund for the tech industry.

Foundry Group Online and Social Media Presence

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Foundry Group Blogs

Our Investment in Recount Media

We are pleased to announce our recent investment in Recount Media’s Series B financing. We led the round with our partner funds, Union Square Ventures and True Ventures, also participating. Founded in 2019 by journalist John Heilemann and media veteran John Batelle, Recount Media is a leading media …

Foundry Network Gives Board Rooms a Boost with Bolster

It’s no surprise that early-stage boards aren’t as diverse as they could be, but we were surprised to see that today, only ⅓ of companies have independent directors. Today, 85% of directors on Foundry direct portfolio company boards are White, and 57% of our companies currently have open board seats…

Introducing Foundry’s Head of Network: Rena Ramirez

We are thrilled to share the news that Foundry Group has hired its new Head of Network: Rena Ramirez.  When we first posted the job description, we were extremely upfront about the fact that it was “hard to put into words exactly what we’re looking for because the right person for this role could co…

Our Investment in Avid Ventures

We are pleased to announce our investment in Avid Ventures Fund I, the debut fund of emerging manager Addie Lerner. Based in New York, Avid backs exceptional founders at the Series A and B stages building transformative technology companies. Avid takes a hands-on approach to help  founders evolve ea…

Our Investment in Landing

We are pleased to announce our investment in Landing’s recent Series B financing. We led the round, with prior investors Greycroft and Maveron also participating. Landing is transforming apartment living from one of the most complex and inefficient experiences in modern housing into a seamless delig…

Crucible Acquisition Corporation Announces Pricing of Upsized $225 Million Initial Public Offering

January 05, 2021 10:27 AM Eastern Standard Time BOULDER, Colo.–(BUSINESS WIRE)–Crucible Acquisition Corporation (the “Company”) announced today that it priced its initial public offering of 22,500,000 units at $10.00 per unit. The units will be listed on the New York Stock Exchange (the “NYSE”) and …
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Foundry Group Frequently Asked Questions

  • When was Foundry Group founded?

    Foundry Group was founded in 2006.

  • Who are Foundry Group key executives?

    Foundry Group's key executives are Lindel Eakman, Brad Feld and Lena Giacomini.

  • Who are Foundry Group competitors?

    Competitors of Foundry Group include Y Combinator.

  • Where is Foundry Group headquarters?

    Foundry Group headquarters is located at 1050 Walnut St, Boulder.

  • Where are Foundry Group offices?

    Foundry Group has an office in Boulder.

  • How many offices does Foundry Group have?

    Foundry Group has 1 office.