Wednesday, March 27, 2019

Foundry Group Backs Boundless Immigration

Boulder-based venture investor Foundry Group is the lead investor in Boundless Immigration, a startup which helps immigrants apply for green cards and U.S. citizenship, as part of a $7.8M, Series A funding. The funding also included Trilogy Equity Partners, Pioneer Square Labs, and Two Sigma Ventures and Founders' Co-op. According to Foundry's Brad Feld, Foundry invested a small amount in the seed round for Boundless in 2017. Boundless automates the process that immigration attorneys use to fill out forms, many of which are redundant. Feld said that Foundry made the investment in Boundless, because "we're a nation of immigrants," and the venture fund is "proud of that fact."