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How early-stage investing changed, in the Triangle, after the onset of the COVID-19 pandemic
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Startup Summit event is still on; cofounders are monitoring COVID resurgence
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Startup Summit returns with in-person event: How will startups survive and thrive post pandemic
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CARY –Cofounders Capital is pouring $1.4 million into Certificial, a real-time certificate of insurance (COI) issuance and compliance management platform, in the company’s Series A fundraising round.
The firm netted $5.8 million in the funder, which was led by IA Capital.
Tobi Walter, principal at Cofounders Capital and the former COO, CFO, and CEO at Shoeboxed, will join the board as a part of the deal.
The deal is now the largest investment made by Cofounders Capital, according to Walter. He noted that the trend of the firm’s past few investments routed to later-stage companies, and thus higher invested dollars, is an intentional choice to align the time horizon of each of its current portfolio companies.