Author Archives: Jaclyn Hester

Our Investment in SingleFile

We are pleased to announce Foundry Group’s investment in SingleFile. Based in Seattle, WA, SingleFile simplifies and automates state and local compliance activities for companies and their service providers. The company’s first offering is an enterprise product for law firms to manage registered agent services, including formation, state qualification, and related filings with government agencies.  […]

Our Investment in Backbone

We are pleased to announce Foundry Group’s investment in Backbone. Based in Boulder, CO, Backbone is a next generation workflow solution that helps consumer goods companies manage the complex design and product development process from anywhere, on any device. Built for the direct-to-consumer (DTC) economy, Backbone addresses the need for efficient and modernized product development. […]

Our Investment in Wave Capital

We welcome Wave Capital to our Partner Fund portfolio. Based in San Francisco, Wave was launched last year by Sara Adler, Riley Newman, and David Rosenthal. Wave specializes in companies creating marketplaces and invests in companies at their earliest stages, as they build their teams, find product market fit, and work towards their Series A. […]

How can LPs conduct diligence on accusations of sexual harassment?: Start by asking the question.

Over the past year, there have been a number of sexual harassment scandals in tech, especially involving venture capitalists. The power dynamic in our industry has enabled bad actors to harass founders seeking capital and junior employees trying to work their way up in a very competitive and historically male-dominated industry. Some in the industry […]