Boulder VC firm launching $125M fund

Companies that the Foundry Group has funded include SendGrid, Techstars, Sphero and Havenly. (BizDen file photos)

Boulder-based Foundry Group has launched a new $125 million fund.

The Foundry Group filed a Form D with the SEC at the end of February, indicating it’s looking to raise $125 million for its Foundry Group Next 2018 Partner Fund, L.P.

Foundry, led by partners Brad Feld, Seth Levine, Ryan McIntyre and Jason Mendelson, did not return requests for comment.

In August 2018, Foundry announced it closed on its seventh fund, a $750 million fund called Foundry Group Next 2018. Foundry said the fund combined its strategies of investing in early-growth, early-stage and partner fund investments into one fund.

Foundry also launched a $500 million fund in 2016, called Foundry Group Next.

Foundry said it has invested recently in San Francisco-based startup Molekule, partner funds such as True Ventures VI, Costanoa Ventures and Calibrate Ventures, Boston-Based Tidelift, and New York- and San Francisco-based Knock.

Foundry’s portfolio of Colorado-based companies includes Havenly, FullContact, Misty Robotics, Sovrn, Sphero, Team Snap, TechStars and The Pro’s Closet.

The Foundry Group was founded in 2007 and lists 16 employees on its website.

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