Cofounders Capital is a venture capital firm established in 2015 and located in Cary, North Carolina. The firm specializes in early-stage investments, focusing primarily on business-to-business software companies, particularly in the Southeast region. Cofounders Capital engages with entrepreneurs to refine their business ideas and facilitate the market introduction of their solutions. The firm typically invests around $0.3 million and prefers to acquire minority stakes in the startups it supports. Managed by experienced entrepreneurs and supported by a network of over a hundred advisors and mentors, Cofounders Capital aims to foster entrepreneurship and enhance the success of its portfolio companies.
PETE is an AI-powered learning platform that enhances training effectiveness by expediting course creation, providing a cost-efficient, customizable, and learner-adaptive solution.
EcoMap
Seed Round in 2023
EcoMap specializes in developing data and AI-driven solutions that enhance entrepreneurial ecosystems by centralizing vital information. The company partners with ecosystem builders, government agencies, and social impact organizations to improve resource connectivity. Its platform utilizes advanced algorithms to aggregate information about local organizations, resources, and activities, creating a continuously updated community hub. This enables entrepreneurs to easily access the resources they need to thrive within their local environments, while also personalizing and analyzing opportunities for various stakeholders involved in the ecosystem.
Irys Insurtech
Seed Round in 2023
Irys Insurtech is a developer of insurance management software that integrates technology to enhance human interactions in the insurance sector. The company offers a modular management system that fundamentally changes how agents, brokers, and managing general agents (MGAs) engage with their clients. Key features of Irys's software include open and public APIs, workflow automation, direct carrier integrations, and a robust AI engine. This human-centric and relationship-focused system empowers agencies and brokerages to effectively manage customer relationships and improve retention rates. By leveraging technology, Irys aims to transform the traditional insurance landscape into a more connected and efficient environment.
Certificial
Series B in 2023
Certificial is a real-time insurance verification platform that aims to streamline the supplier management process for businesses. It provides instant access to suppliers' insurance coverage and offers automatic updates when changes occur. The platform integrates seamlessly with brokers' APIs and AMS providers, facilitating easy access for agents and brokers without imposing fees on insurers. Additionally, Certificial enables companies to maintain a comprehensive record of their business relationships, share real-time information, and receive compliance alerts. This functionality helps mitigate risks associated with fraud, misinformation, and lapses in insurance coverage.
APPROVE
Seed Round in 2023
APPROVE is an internal, custom-branded lending programme that shows reasonable monthly payments at Every point of sale.
Cycle Labs
Series B in 2023
Cycle Labs is a software company focused on modernizing enterprise solution deployment through advanced test automation. By developing the patented Cycle Continuous Test Automation platform, the company aims to lower risk and enhance the efficiency of complex problem-solving. The platform simulates production user and integration load, allowing organizations to validate critical business processes more frequently and effectively. Cycle Labs emphasizes continuous improvement, both for its clients and its team, encouraging an environment where questioning and innovation are integral to the workflow.
Element451
Series B in 2022
Element451 Inc. is a developer of a cloud-based admission marketing and enrollment customer relationship management (CRM) platform designed to streamline the college enrollment process. Founded in 2017 and headquartered in Raleigh, North Carolina, with additional offices in Westbury and Brooklyn, the company offers a range of products including App451, Campaigns451, Conversations451, Decision451, Event451, Prospect451, Sites451, and Insight451. These tools facilitate various aspects of the admissions process, such as mobile applications for school admissions, automated communication via email and SMS, real-time question answering, and advanced analytics for actionable insights. Element451 aims to enhance the efficiency of admissions and enrollment teams, allowing them to create more personalized interactions with prospective students. The platform is designed to be user-friendly and integrates automation to improve overall marketing and enrollment activities, making it accessible to schools of all sizes and budgets.
Pattern Health
Series A in 2022
Pattern Health is a digital health platform that facilitates the development and implementation of condition-specific health programs for researchers and clinicians. By leveraging behavioral science and data-driven personalization, the platform enhances engagement and adherence among users. Pattern Health aims to streamline the process of translating ideas into validated real-world solutions, allowing clients to create effective health programs more efficiently and cost-effectively. Through collaboration with healthcare professionals, the company seeks to promote healthier lifestyles, ultimately contributing to improved health outcomes.
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.
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.
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.
Certificial
Series A in 2021
Certificial is a real-time insurance verification platform that aims to streamline the supplier management process for businesses. It provides instant access to suppliers' insurance coverage and offers automatic updates when changes occur. The platform integrates seamlessly with brokers' APIs and AMS providers, facilitating easy access for agents and brokers without imposing fees on insurers. Additionally, Certificial enables companies to maintain a comprehensive record of their business relationships, share real-time information, and receive compliance alerts. This functionality helps mitigate risks associated with fraud, misinformation, and lapses in insurance coverage.
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 developer of a cloud-based admission marketing and enrollment customer relationship management (CRM) platform designed to streamline the college enrollment process. Founded in 2017 and headquartered in Raleigh, North Carolina, with additional offices in Westbury and Brooklyn, the company offers a range of products including App451, Campaigns451, Conversations451, Decision451, Event451, Prospect451, Sites451, and Insight451. These tools facilitate various aspects of the admissions process, such as mobile applications for school admissions, automated communication via email and SMS, real-time question answering, and advanced analytics for actionable insights. Element451 aims to enhance the efficiency of admissions and enrollment teams, allowing them to create more personalized interactions with prospective students. The platform is designed to be user-friendly and integrates automation to improve overall marketing and enrollment activities, making it accessible to schools of all sizes and budgets.
Pattern Health
Venture Round in 2021
Pattern Health is a digital health platform that facilitates the development and implementation of condition-specific health programs for researchers and clinicians. By leveraging behavioral science and data-driven personalization, the platform enhances engagement and adherence among users. Pattern Health aims to streamline the process of translating ideas into validated real-world solutions, allowing clients to create effective health programs more efficiently and cost-effectively. Through collaboration with healthcare professionals, the company seeks to promote healthier lifestyles, ultimately contributing to improved health outcomes.
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 is the first of its kind clinical operations software designed to work without protected health information (PHI). RelayOne saves physicians, nurses, and administrators time and reduces fatigue by automating manual processes and tasks associated with surgical coordination and care delivery for surgery. The company was founded in 2019 and is headquartered in Durham, North Carolina.
Slope Software
Seed Round in 2020
Slope Software, Inc. specializes in developing cloud-based actuarial modeling and risk management solutions tailored for insurers, actuaries, and financial institutions. Founded in 2015 and based in Chamblee, Georgia, Slope Software offers a comprehensive platform that supports various actuarial functions, including pricing, valuation, asset/liability management, and cash flow testing. The platform features an intuitive point-and-click interface, allowing users to build complex models without requiring programming knowledge. It effectively manages assumptions and inputs, integrates with existing data sources, and tracks changes for enhanced model governance and validation. Additionally, the system leverages Amazon Web Services for scalability and performance, enabling simultaneous execution of multiple scenarios. Users benefit from integrated business intelligence dashboards that display results in visually appealing formats, making it accessible for analysis and reporting. Slope Software stands out as a fully cloud-based solution, designed to meet the evolving needs of the actuarial industry.
Ecobot
Seed Round in 2019
Ecobot, Inc. is a technology company based in Asheville, North Carolina, that specializes in software solutions for environmental monitoring, reporting, and forecasting. Founded in 2018, Ecobot offers a cloud-based platform that serves the architecture, engineering, and construction (AEC) industry. The platform streamlines the environmental permitting process by collecting and analyzing real-time field data, which helps clients accelerate construction timelines and enhance project efficiency. By leveraging proprietary biodiversity data and anonymized geospatial regulatory information, Ecobot's software reduces the complexity of regulatory approvals, ultimately lowering project costs and improving overall outcomes for environmental consulting and construction projects.
Element451
Seed Round in 2019
Element451 Inc. is a developer of a cloud-based admission marketing and enrollment customer relationship management (CRM) platform designed to streamline the college enrollment process. Founded in 2017 and headquartered in Raleigh, North Carolina, with additional offices in Westbury and Brooklyn, the company offers a range of products including App451, Campaigns451, Conversations451, Decision451, Event451, Prospect451, Sites451, and Insight451. These tools facilitate various aspects of the admissions process, such as mobile applications for school admissions, automated communication via email and SMS, real-time question answering, and advanced analytics for actionable insights. Element451 aims to enhance the efficiency of admissions and enrollment teams, allowing them to create more personalized interactions with prospective students. The platform is designed to be user-friendly and integrates automation to improve overall marketing and enrollment activities, making it accessible to schools of all 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 is the first of its kind clinical operations software designed to work without protected health information (PHI). RelayOne saves physicians, nurses, and administrators time and reduces fatigue by automating manual processes and tasks associated with surgical coordination and care delivery for surgery. The company was founded in 2019 and is headquartered in Durham, North Carolina.
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 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 technology company based in Asheville, North Carolina, that specializes in software solutions for environmental monitoring, reporting, and forecasting. Founded in 2018, Ecobot offers a cloud-based platform that serves the architecture, engineering, and construction (AEC) industry. The platform streamlines the environmental permitting process by collecting and analyzing real-time field data, which helps clients accelerate construction timelines and enhance project efficiency. By leveraging proprietary biodiversity data and anonymized geospatial regulatory information, Ecobot's software reduces the complexity of regulatory approvals, ultimately lowering project costs and improving overall outcomes for environmental consulting and construction projects.
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 Inc.
Seed Round in 2017
Savii Inc. specializes in developing software solutions for private duty home care agencies. The company's flagship product, Savii Care, is a web and mobile platform designed to improve the workflow of home care agencies, covering processes from referrals to billing and payroll. Additionally, Savii Connect is an application integrated with Savii Care, enabling caregivers to manage their schedules, document task completion, and access electronic care journals efficiently. Founded in 2014 and headquartered in Raleigh, North Carolina, Savii Inc. aims to empower home care agencies and caregivers by simplifying their daily tasks and allowing them to concentrate 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 that specializes in subscription-based delivery of air filters for heating, ventilation, and air conditioning (HVAC) systems. Founded in 2012 and based in Raleigh, North Carolina, the company offers a web-based platform that allows customers to easily sign up for automatic, regular shipments of the correct size air filters delivered directly to their homes or offices. This service not only simplifies the process of maintaining indoor air quality but also helps protect HVAC systems. In addition to air filter subscriptions, Second Nature provides health, vision, and dental insurance solutions. The company was formerly known as FilterEasy Inc. before rebranding in 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.
Myxx
Seed Round in 2016
Myxx is a digital shopping platform that enhances the grocery shopping experience by seamlessly integrating with retailers' existing digital solutions. Led by CEO Monica Wood, the platform allows customers to select recipes and purchase associated grocery items with a single click, ensuring that retailers capture the full cart spend at the time of recipe selection. By combining recipes with shopping lists using mapping technology, Myxx provides shoppable content and detailed product information, including pricing. This innovative approach not only simplifies the shopping process for consumers but also helps retailers improve customer retention in an increasingly competitive market where traditional loyalty programs are losing their effectiveness.
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.
Tesser Health
Seed Round in 2016
Tesser Health LLC, founded in 2014 and headquartered in Miami, Florida, specializes in providing pharmacy price comparison services that help companies manage prescription drug costs. Its platform utilizes a combination of pharmacy claims data, formulary information, and retail prices to offer personalized drug savings opportunities for employees. Tesser Health's employer dashboard delivers insights into drug spending, current savings, and employee engagement, while its web and mobile tools leverage physician and employee interaction, alongside behavioral science, to enhance patient education and health outcomes. The company focuses on chronic condition management and medication adherence, enabling patients to reduce their prescription drug expenses effectively.
ParkMyCloud
Seed Round in 2016
ParkMyCloud, Inc. is a software-as-a-service (SaaS) company based in Sterling, Virginia, that focuses on optimizing cloud computing costs for enterprises. Established in 2015, it offers a platform that connects to Amazon Web Services (AWS) and Microsoft Azure, allowing users to automatically schedule the on/off times of their idle servers. This functionality helps organizations identify and eliminate unnecessary cloud spending, potentially saving them millions of dollars annually. ParkMyCloud serves over 1,000 enterprises globally, including notable clients like Sysco and National Geographic. The company operates as a subsidiary of Turbonomic, Inc., and collaborates with various partners to enhance its service offerings.
Revibe Technologies
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 Inc.
Seed Round in 2016
Savii Inc. specializes in developing software solutions for private duty home care agencies. The company's flagship product, Savii Care, is a web and mobile platform designed to improve the workflow of home care agencies, covering processes from referrals to billing and payroll. Additionally, Savii Connect is an application integrated with Savii Care, enabling caregivers to manage their schedules, document task completion, and access electronic care journals efficiently. Founded in 2014 and headquartered in Raleigh, North Carolina, Savii Inc. aims to empower home care agencies and caregivers by simplifying their daily tasks and allowing them to concentrate 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 based in Cary, North Carolina, founded in 2014. It specializes in providing lawn maintenance services to homeowners, offering a diverse range of options such as weed control, fertilization, aeration, seeding, bed maintenance, pruning, and mosquito management. The company emphasizes environmentally responsible practices and employs technology to enhance service delivery and communication, aiming to create a superior experience for both employees and customers. Canopy Lawn Care focuses on science-based methods to improve soil health and promote vibrant, 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.
Left Main REI
Left Main REI provides a CRM system for real estate investors and agents. It optimizes lead intake to buy or sell more homes.
Meibel
The End-to-End Platform to Build, Run & Scale Generative AI Applications
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