First Round Capital
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.
Firm Location:New York • San Francisco, California
Investor Firms That Co-Invest with First Round Capital
Abstract Venturesi/o VenturesGreycroftFirstMark CapitalMontage VenturesIVPSlow VenturesDanhua CapitalAngelList SyndicatorMayfieldVaizra CapitalGreylockComcast VenturesCaffeinated CapitalInterWestAthena AdvisorsThe Perkins FundO'Reilly AlphaTech VenturesIndex VenturesFundersClubStructure CapitalDigital Currency GroupMenlo VenturesLux CapitalDFJDeep Fork CapitalCostanoa VCAugust CapitalGreat Oaks Venture Capitalformation|8Bloomberg BETAGraph VenturesUpside PartnershipDCMJavelin Venture PartnersFoundation CapitalCITG CapitalGeneral CatalystSpark CapitalShasta VenturesBlumberg CapitalRREY CombinatorTechstarsSherpa VenturesQueensBridge Venture PartnersAspect VenturesCota CapitalZelkova VenturesTransmedia CapitalPrimary Venture PartnersAustin VenturesMeritech Capital PartnersBessemer Venture PartnersBain Capital VenturesIA VenturesMohr Davidow VenturesRelay VenturesData CollectiveFounder CollectiveBenchmarkUSVPUpfront VenturesRaine VenturesBoxGroupArrowroot AdvisorsInnovation EndeavorsInitialized CapitalLowercase CapitalIntel CapitalAlpine MeridienQuiet CapitalWestern Technology InvestmentOyster VenturesA-GradeDynamic Loop CapitalUrban UsCowboy VenturesKapor CapitalBattery VenturesHarrison MetalFounders FundHydrazine CapitalSV AngelRedpoint VenturesLong Ventures PartnersL2 VCWildcat VenturesVayner RSERed Swan VenturesWMEFlybridgeNKM CapitalOutlier VenturesVenrockGVHack VCGlencrest GroupGotham Gal Ventures500 StartupsNew Enterprise AssociatesLightspeed Venture PartnersCanaan PartnersPassport CapitalBaseline VenturesCraft VenturesCatapult CapitalBling CapitalaCrew CapitalICONIQ CapitalRenegade PartnersKleiner Perkins Caufield & Byers10100Winklevoss CapitalVillage GlobalVenrock VenturesTribeca Venture PartnersTribe CapitalThird Kind VenturesTekton VenturesKhosla VenturesGGV CapitalIdealabObvious VenturesUnpopular VenturesOutlander LabsAndreessen HorowitzForerunner VenturesMoment VenturesSignia Venture PartnersSequoia CapitalGolden Gate VenturesSapphire VenturesSusa VenturesLemnos LabsNorwest Venture PartnersFelicis VenturesFloodgateUncork CapitalENIAC VenturesCollaborative FundRefactor CapitalFuture Perfect VenturesFoundry GroupTrinity VenturesMerus CapitalCrosscut VenturesLocalGlobeSinovation Ventures2048 VenturesDTCPCleo Capital
First Round Capital Team
Photo of Hayley Barna, Partner at First Round Capital
Photo of Hayley Barna, Partner at First Round Capital
Hayley Barna
Sweet spot: $800K
Range: $400K - $2.0M
Photo of Brett Berson, Partner at First Round Capital
Photo of Brett Berson, Partner at First Round Capital
Brett Berson
Sweet spot: $800K
Range: $400K - $2.0M
Investors in San Francisco (CA)
Investors in Clean tech / environment, Investors in Enterprise, Investors in Social mobile
Photo of Chris Fralic, Partner at First Round Capital
Photo of Chris Fralic, Partner at First Round Capital
Chris Fralic
Sweet spot: $800K
Range: $400K - $2.0M
Investors in Advertising, Investors in E-commerce, Investors in Gaming/eSports, Investors in IoT, Investors in Marketing automation, Investors in Social mobile, Investors in Travel
Photo of Rob Hayes, Partner at First Round Capital
Photo of Rob Hayes, Partner at First Round Capital
Rob Hayes
Sweet spot: $800K
Range: $500K - $1.5M
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 Social mobile
Photo of Todd Jackson, Partner at First Round Capital
Photo of Todd Jackson, Partner at First Round Capital
Todd Jackson
Sweet spot: $800K
Range: $400K - $2.0M
Investors in Boulder (CO), Investors in Austin (TX), Investors in New York (NY), Investors in Los Angeles (CA), Investors in SF Bay Area (CA)
Investors in Consumer products, Investors in Enterprise, Investors in Fintech, Investors in Hardware, Investors in SaaS
Photo of Josh Kopelman, Partner at First Round Capital
Photo of Josh Kopelman, Partner at First Round Capital
Josh Kopelman
Sweet spot: $800K
Range: $500K - $1.5M
Investors in San Francisco (CA)
Investors in Developer tools, Investors in Enterprise, Investors in Fashion, Investors in Fintech, Investors in Local commerce, Investors in Retail, Investors in Social mobile
Photo of Dan Kozikowski, Partner at First Round Capital
Photo of Dan Kozikowski, Partner at First Round Capital
Dan Kozikowski
Sweet spot: $8.0M
Range: $3.0M - $14.0M
Investors in New York (NY)
Investors in Consumer products, Investors in Consumer products, Investors in Enterprise, Investors in Enterprise
Photo of Howard Morgan, Partner at First Round Capital
Photo of Howard Morgan, Partner at First Round Capital
Howard Morgan
Sweet spot: $800K
Range: $400K - $2.0M
Investors in Enterprise
Photo of Bill Trenchard, Partner at First Round Capital
Photo of Bill Trenchard, Partner at First Round Capital
Bill Trenchard
Sweet spot: $800K
Range: $500K - $1.5M
Investors in San Francisco (CA)
Investors in Advertising, Investors in Enterprise, Investors in Fintech, Investors in Marketplaces, Investors in Social mobile