{ "crd_number": 159541, "slug": "foundry-group-llc-boulder-co-159541", "primary_business_name": "FOUNDRY GROUP, LLC", "legal_name": "FOUNDRY GROUP, LLC", "dbas": [], "city": "Boulder", "state": "CO", "country": "United States", "cbsa_code": "14500", "metro": { "cbsa_code": "14500", "common_name": "Boulder", "msa_name": "Boulder, CO", "path": "/advisors/co/boulder" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2016-03-17", "years_registered": 10, "period": "2026-10-01", "filing_date": "2026-09-15", "carried_forward": false, "raum_total": 3499682094.0, "raum_discretionary": 3499682094.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 10, "advisory_employees": 6, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 3499682094.0, "count": 15 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CO" ], "websites": [ "https://foundry.vc", "https://linkedin.com/company/foundry-vc", "https://twitter.com/FoundryVC" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/159541", "city_as_filed": "BOULDER", "url": "https://advisorcensus.com/firm/foundry-group-llc-boulder-co-159541", "display_name": "Foundry Group, LLC", "summary": "Foundry Group, LLC is an SEC-registered investment advisory firm in Boulder, CO, registered since 2016, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 15, 2026.", "citation": "AdvisorCensus. Foundry Group, LLC (CRD 159541): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Foundry Group, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Foundry Group, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "Where is Foundry Group, LLC located?", "a": "Foundry Group, LLC's principal office is in Boulder, CO, according to its Form ADV." }, { "q": "Is Foundry Group, LLC registered with the SEC or a state?", "a": "Foundry Group, LLC is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 159541." }, { "q": "How much does Foundry Group, LLC manage?", "a": "Foundry Group, LLC reports $3,499,682,094 in regulatory assets under management in its Form ADV filing dated September 15, 2026 (100% discretionary)." }, { "q": "How have Foundry Group, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Foundry Group, LLC: Regulatory assets under management: $3,245,068,264 in the October 2021 data and $3,499,682,094 in the October 2026 data, up 8%. Total employees: 13 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Foundry Group, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (15)." }, { "q": "Does Foundry Group, LLC report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/159541" }, { "q": "Does Foundry Group, LLC state an account minimum?", "a": "Its Form ADV Part 2A brochure dated March 26, 2026 says: \"The minimum initial capital commitment generally required for an investor in a Fund is $5,000,000 (subject to Foundry Group’s discretion to accept a lesser amount).\"" } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 3245068264.0, "total_employees": 13, "filing_date": "2021-03-31" }, { "period": "2022-10-01", "regulatory_assets_under_management": 4416385362.0, "total_employees": 14, "filing_date": "2022-03-30" }, { "period": "2023-10-01", "regulatory_assets_under_management": 4292176057.0, "total_employees": 16, "filing_date": "2023-06-27" }, { "period": "2024-10-01", "regulatory_assets_under_management": 3411323300.0, "total_employees": 12, "filing_date": "2024-03-25" }, { "period": "2025-10-01", "regulatory_assets_under_management": 3188002446.0, "total_employees": 12, "filing_date": "2025-03-27" }, { "period": "2026-10-01", "regulatory_assets_under_management": 3499682094.0, "total_employees": 10, "filing_date": "2026-09-15" } ], "recent_changes": [], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated March 26, 2026", "tiers": [], "flat_rate": null, "stated_range": null, "stated_maximum": null, "account_minimum": "$5,000,000", "account_minimum_may_be_waived": true, "minimum_annual_fee": null, "figures": [ { "label": "Account minimum", "statements": [ "Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)" ], "quotes": [ "The minimum initial capital commitment generally required for an investor in a Fund is $5,000,000 (subject to Foundry Group’s discretion to accept a lesser amount)." ] } ], "quotes": [ "The minimum initial capital commitment generally required for an investor in a Fund is $5,000,000 (subject to Foundry Group’s discretion to accept a lesser amount)." ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/foundry-group-llc-boulder-co-159541.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 15, "fewer_than_5": false, "raum": 3499682094.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/159541", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }