With an average investment range of $100-500 million, Foundry Group focuses on software and enterprise software startups that are 4-5 years old. The firm has a track record of committing to 13-24 investment rounds annually and has a higher exit rate compared to other companies. Notable portfolio companies include Zynga, SendGrid, and AvidXchange. Foundry Group typically leads investments in the range of $10-50 million and prefers rounds with 4-5 participants.