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Capital for Founders operates as a growth equity firm, delivering strategic capital to scaling technology companies. The firm primarily targets established businesses within the software, wireless networks, and automation sectors, focusing on enterprises that exhibit consistent growth and demonstrable market traction. Their investment approach emphasizes providing support for expansion initiatives without pursuing majority ownership.
The firm was established in 2013 by Andrew Drenick, known as Andy, and is based in Boulder, Colorado. Drenick, as Managing Director, founded Capital for Founders based on the insight that many growing businesses require tailored capital solutions that respect founder autonomy. This perspective aimed to bridge a gap in the market for flexible financing that aligns with the long-term visions of entrepreneurs.
Capital for Founders works with experienced founders and management teams who are seeking non-dilutive or minority growth capital. The firm positions itself as a strategic partner, assisting portfolio companies in accelerating market penetration and further developing their product offerings. Its long-term vision is to cultivate sustainable growth for innovative technology businesses, empowering founders to expand successfully while retaining control.
Capital for Founders has 1 tracked investment across 1 company. The latest tracked deal is $6.0M Series A in Paystand in November 2017.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 1, 2017 | Paystand | $6.0M Series A | BlueRun Ventures | FINTOP Capital, Lumia Capital, Thomvest Ventures, Wildcat Ventures, Greg Kidd, Oneal Bhambani, Cervin Ventures, Serra Ventures, TIE |