Foundry Group files paperwork for fifth $225M investment fund

BOULDER – Venture capital firm Foundry Group is raising its fifth $225 million investment fund.

The Boulder-based firm — whose portfolio includes local tech companies like SendGrid, PivotDesk and Sphero — disclosed that it is raising the money in a filing made with the Securities and Exchange Commission this week. The name of the fund is Foundry Venture Capital 2016 L.P.

A Foundry Group official declined comment Tuesday, citing SEC rules.

Foundry Group — led by managing directors Brad Feld, Seth Levine, Ryan McIntyre and Jason Mendelson — closed its fourth $225 million fund, Foundry Group Select Fund,…