About Cofound Ventures
Cofound Ventures is a venture capital firm founded in 2008. It is primarily based out of Bloomington, United States. It primarily invests in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and High Tech. Overall, Cofound Ventures portfolio has seen 6 acquisitions including key companies like Elevate K-12, Scale Computing and Springbuk. Cofound Ventures has team of 1 people including 1 partners.Key Metrics
Cofound Ventures' List of Top Investments
Cofound Ventures has a portfolio of 18 companies. Their most notable investments include IU and Elevate K-12.Their portfolio spans across United States and France. They have invested in Enterprise Applications, Consumer, High Tech and 12 other sectors. Here is the list of top investments by Cofound Ventures:
1. IU
Key facts about IU
- Founded Year: 1820
- Location: United States
- Stage: Funding Raised
- Employee Count: 30,028 as on Sep 30, 2026
- Investors: Cofound Ventures, Ojp and 7 Others
- Latest Funding Round: Grant (prize money), Aug 29, 2024, $*****
2. Elevate K-12
Online platform providing virtual teaching solutions for schools. The platform offers live teaching, live quizzes & polls, live labs, live audio, live video, and more. The platform offers learning solutions in math, science, computer science, and more.
Key facts about Elevate K-12
- Founded Year: 2015
- Location: Chicago (United States)
- Stage: Acquired
- Total Funding till date: $58.3M
- Employee Count: 946 as on Sep 30, 2026
- Investors: Arsenal Growth Equity, Cofound Ventures and 6 Others
- Latest Funding Round: Series C, May 23, 2025, $*****
- Highlight: Acquired
3. Boardable
Cloud-based platform for board management. It provides communication and collaboration software for board members. It allows users to manage meetings and associated documents, polls, discussions, and user groups. It comes in three varieties, allowing varying levels of access. In addition, it allows users to create polls and offers document access functionality. It offers a monthly subscription-based revenue model.
Key facts about Boardable
- Founded Year: 2016
- Location: Indianapolis (United States)
- Stage: Series B
- Total Funding till date: $20.5M
- Employee Count: 43 as on Sep 30, 2026
- Investors: IU Ventures, Cofound Ventures and 4 Others
- Latest Funding Round: Series B, May 01, 2026, $*****
- Highlight: Editors' Pick
Platform offering hyper-converged infrastructure solutions. It provides solutions to reduce setup time and ease the management of virtual machine environments. Its products host storage, computing, and virtual machine on a single hardware. It also lets admins launch applications by creating virtual machines, assigning resources, and providing access to the shared storage which is directly attached.
Key facts about Scale Computing
- Founded Year: 2006
- Location: Indianapolis (United States)
- Stage: Acquired
- Total Funding till date: $215M
- Employee Count: 362 as on Sep 30, 2026
- Investors: Northgate Capital, Benchmark and 18 Others
- Latest Funding Round: Series G, Jul 12, 2022, $*****
- Highlight: Acquired
Provider of network threat detection and response solutions based on Suricata. The company delivers network security solutions designed to transform network traffic into actionable security insights. It offers network detection and response systems that expose threats to critical assets and empower rapid response. The company provides detection with explainable results by applying technologies to problems.
Key facts about Stamus Networks
- Founded Year: 2014
- Location: Paris (France)
- Stage: Series A
- Total Funding till date: $11M
- Employee Count: 25 as on Sep 30, 2026
- Investors: Elevate Ventures, Cofound Ventures and 3 Others
- Latest Funding Round: Series A, Sep 12, 2025, $*****
- Highlight: Editors' Pick
Acquired companies in Cofound Ventures' Portfolio
6 companies from Cofound Ventures' portfolio have been acquired. The most recent acquisition was Elevate K-12 in Mar 2026 by Fullmindlearning for $*****.Here are Cofound Ventures' portfolio companies that got acquired most recently:
Filter this listCompany | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 13, 2026 | - | - | 4793 | |
Oct 14, 2025 | - | - | 9562 | |
Sep 10, 2025 | - | - | 4057 | |
Jul 31, 2025 | - | - | 9871 | |
Jan 06, 2025 | - | - | 5424 |
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Team profile of Cofound Ventures
Cofound Ventures has a team of 1 member located in United States. Cofound Ventures' team does not sit on the board of any company as of now.Recent News related to Cofound Ventures
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Recapped Lands $6 Million For Collaborative Sales Software That Gets The Customer In The MixTechCrunch+•Jul 19, 2021•Recapped.io, CRV, Entrepreneurs Roundtable Accelerator, Cofound Ventures and 2 others
