The company, known as Co-FundNI, was established in the UK and primarily invests in startups in the Medical and Health Care sectors. It has a track record of committing exits more frequently than other firms and typically invests in rounds with 2-3 participants. The fund has a preference for startups that are 4-5 years old and has invested in popular portfolio companies such as SaltDNA, Cirdan, and Neurovalens. While Co-FundNI is the main investor, startups in Northern Ireland are often also financed by other venture capital firms such as Techstart Ventures, Vickers Venture Partners, and SVG Ventures. The fund is part of an initiative provided by Invest Northern Ireland and the European Regional Development Fund.