First Round Capital

New York, New York
First Round Capital is a venture capital firm willing to invest in pre-revenue companies, often providing a company's first outside capital. The partners look to take an active role in most of the companies they invest in. First Round Capital invests nationally and has additional offices in San Francisco and New York. The firm's typical initial investment is around $500,000. First Round Capital has coordinated the first ever VC-sponsored Exchange Fund. This fund allows qualified First Round Capital entrepreneurs to contribute a small piece of the stock they own in their company and share in the performance of all the other companies in the fund. Members of the First Round Capital Community have raised over $2.5 billion in follow-on capital to date. First Rounds's $20 million in total initial investments (in those companies that have been in the portfolio for over a year) have been followed by $850 million in financing from later-stage venture firms - a roughly 36-1 ratio.
Founded:2004
Firm Location:New York, New York • Philadelphia, Pennsylvania • San Francisco, California • San Francisco Bay Area
Investor Firms That Co-Invest with First Round Capital
Abstract Venturesi/o VenturesIVPMontage VenturesAngelList SyndicatorLaunchPadPrecursor VenturesDanhua CapitalComcast VenturesCaffeinated CapitalInterWestThe Perkins FundStructure CapitalDFJDeep Fork Capitalformation|8Graph VenturesUpside PartnershipBloomberg BETAExpaCITG CapitalJavelin Venture PartnersWebb Investment NetworkShasta VenturesBlumberg CapitalRRETechstarsQueensBridge Venture PartnersCota CapitalAustin VenturesTransmedia CapitalAltimeter CapitalBain Capital VenturesIA VenturesMeritech Capital PartnersRelay VenturesRaine VenturesFounder CollectiveUSVPBoxGroupArrowroot AdvisorsGoat CapitalAlpine MeridienWestern Technology InvestmentLong Journey VenturesQuiet CapitalUrban UsDynamic Loop CapitalSound VenturesKapor CapitalLerer HippeauHarrison MetalBattery VenturesFifth WallLiquid 2 VenturesVayner RSEWildcat VenturesFlybridgeNKM CapitalB Capital GroupRRE VenturesHack VCGlencrest GroupThird Prime500 StartupsCraft VenturesAdditionThreshold VenturesBaseline VenturesCoatueCatapult CapitalBling CapitalaCrew CapitalICONIQ CapitalRenegade PartnersM13Scifi Vc10100Winklevoss CapitalThird Kind VenturesTribe CapitalGGV CapitalObvious VenturesOutlander LabsPelion Venture PartnersForerunner VenturesMoment VenturesSignia Venture PartnersGolden Gate VenturesSusa VenturesLemnos LabsENIAC VenturesFoundry GroupTrinity VenturesCrosscut VenturesMerus CapitalEniac VenturesLocalGlobeDefy Partners2048 VenturesInspired CapitalThe House FundLobby CapitalOperator PartnersLux CapitalAndreessen HorowitzKhosla VenturesGeneral CatalystRubicon VCFounders FundLightspeed Venture PartnersSV AngelInitialized CapitalCompoundXYZ Venture CapitalPioneerOwl Rock Capital PartnersNeu Venture CapitalTransformation CapitalImmad Akhund Rolling FundRoger Dickey’s Rolling FundEvolve VCRainfall VenturesOtherwise FundLowercarbon CapitalInnovation EndeavorsNew Enterprise Associates (NEA)DCVC (Data Collective)Freestyle CapitalIndex VenturesJude Gomila Rolling FundByers CapitalSapphire VenturesPrimary Venture Partners#ANGELS (Hashtag ANGELS)Seven Seven SixVenrockBasecamp FundBenchmarkBessemer Venture PartnersCanaan PartnersCollaborative FundCorrelation VenturesCowboy VenturesFelicis VenturesFirstMark CapitalFJ LabsFloodgateFoundation CapitalNFXVillage GlobalGreat Oaks Venture CapitalGreycroftGreylockGVKleiner PerkinsMayfieldMenlo VenturesRedpoint VenturesSequoia CapitalTrue VenturesY CombinatorUncork CapitalBetter Tomorrow Ventures
First Round Capital Team
Photo of Meka Asonye, Partner at First Round Capital
Meka Asonye
Sweet spot: $2.4M
Range: $750K - $4.0M
Investors in San Francisco (CA), Investors in SF Bay Area (CA)
Photo of Hayley Barna, Partner at First Round Capital
Hayley Barna
Sweet spot: $2.4M
Range: $750K - $4.0M
Investors in New York (NY)
Investors in Diverse Investors (Other Lists), Investors in E-commerce, Investors in Enterprise, Investors in Female Investors (Other Lists), Investors in IoT, Investors in MarketingTech, Investors in Marketplaces, Investors in New York City (Other Lists)
Photo of Brett Berson, Partner at First Round Capital
Brett Berson
Sweet spot: $2.4M
Range: $750K - $4.0M
Investors in San Francisco (CA)
Investors in CleanTech/Environment, Investors in Enterprise, Investors in San Francisco Bay Area (Other Lists), Investors in Social Networks
Photo of Molly Fowler, Investor at First Round Capital
Molly Fowler
Sweet spot: $2.4M
Range: $750K - $4.0M
Investors in New York (NY), Investors in SF Bay Area (CA)
Investors in Consumer Internet, Investors in Enterprise, Investors in New York City (Other Lists)
Photo of Chris Fralic, Partner at First Round Capital
Chris Fralic
Sweet spot: $800K
Range: $400K - $2.0M
Investors in Philadelphia (PA)
Investors in Advertising, Investors in E-commerce, Investors in Gaming/eSports, Investors in IoT, Investors in MarketingTech, Investors in New York City (Other Lists), Investors in Social Networks, Investors in Travel
Photo of Rob Hayes, Partner at First Round Capital
Rob Hayes
Sweet spot: $2.4M
Range: $750K - $4.0M
Investors in San Francisco (CA)
Investors in Advertising, Investors in Cloud Infrastructure, Investors in Enterprise, Investors in FinTech, Investors in Food and Beverage, Investors in Hardware, Investors in New York City (Other Lists), Investors in Social Networks
Photo of Todd Jackson, Partner at First Round Capital
Todd Jackson
Sweet spot: $2.4M
Range: $750K - $4.0M
Investors in SF Bay Area (CA), Investors in Los Angeles (CA), Investors in New York (NY), Investors in Austin (TX), Investors in Boulder (CO)
Investors in Consumer Internet, Investors in Enterprise, Investors in FinTech, Investors in Hardware, Investors in SaaS, Investors in San Francisco Bay Area (Other Lists)
Photo of Megan Kelly, Associate at First Round Capital
Megan Kelly
Sweet spot: $2.4M
Range: $750K - $4.0M
Investors in New York (NY)
Investors in Consumer Internet, Investors in Enterprise, Investors in Hardware, Investors in Health & Hospital Services, Investors in New York City (Other Lists)
Photo of Josh Kopelman, Partner at First Round Capital
Josh Kopelman
Sweet spot: $2.4M
Range: $750K - $4.0M
Investors in San Francisco (CA)
Investors in Developer Tools, Investors in Enterprise, Investors in Fashion, Investors in FinTech, Investors in Local Services, Investors in New York City (Other Lists), Investors in Retail, Investors in Social Networks
Photo of Alex Marshall, Investor at First Round Capital
Alex Marshall
Sweet spot: $2.0M
Range: $750K - $4.0M
Investors in SF Bay Area (CA)
Investors in Consumer Internet, Investors in Enterprise, Investors in San Francisco Bay Area (Other Lists)
Photo of Vikram Ramakrishnan, Associate at First Round Capital
Vikram Ramakrishnan
Sweet spot: $2.4M
Range: $750K - $4.0M
Investors in SF Bay Area (CA)
Investors in Consumer Internet, Investors in Enterprise, Investors in San Francisco Bay Area (Other Lists)
Photo of Bill Trenchard, Partner at First Round Capital
Bill Trenchard
Sweet spot: $2.4M
Range: $750K - $4.0M
Investors in San Francisco (CA)
Investors in AI, Investors in Analytics, Investors in CleanTech/Environment, Investors in EnergyTech, Investors in FinTech, Investors in Future of Work, Investors in Health IT, Investors in Logistics, Investors in Real Estate/PropTech, Investors in SaaS, Investors in San Francisco Bay Area (Other Lists), Investors in Investors who invested in diverse founders (Other Lists), Investors in Investors who invested in female founders (Other Lists), Investors in Investors who were founders (Other Lists)