CARY – Cofounders Capital now has three principals.

Tobi Walter, founder and CEO of Shoeboxed in Durham which he sold in 2018, has joined David Gardner and Tim McLoughlin at the Cary-based venture firm.

“Tobi is a former investment banker and serially successful tech entrepreneur. Originally from Germany, Tobi has now called Raleigh-Durham his home for the last ten years,” says Cofounders.

“Tobi started his career with an MBA from Germany’s WHU – Otto Beisheim School of Management, before working in investment banking with Societe Generale in Paris, and Morgan Stanley in Frankfurt and London.

“In 2006, Tobi joined his first startup, studiVZ, widely known as the the “FaceBook” of Germany. studiVZ grew to become one of Germany’s most visited websites and exited to a large German media conglomerate.

“Tobi then moved to the Triangle to co-found Shoeboxed, a SaaS fintech startup that empowered business owners to manage receipts, invoices and automated bookkeeping. After successfully exiting Shoeboxed in 2018, Tobi brought his finance and marketing skills to the team at Cofounders Capital.”