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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
NFXi/o VenturesIVPMontage VenturesAlsop Louie PartnersAngelList SyndicatorLaunchPadPrecursor VenturesDanhua CapitalComcast VenturesCaffeinated CapitalInterWestThe Perkins FundStructure CapitalDeep Fork Capitalformation|8Graph VenturesUpside PartnershipBloomberg BETACITG CapitalJavelin Venture PartnersWebb Investment NetworkSpark CapitalShasta VenturesBlumberg CapitalQueensBridge Venture PartnersCota CapitalAustin VenturesBen Franklin Technology Partners of Southeastern PennsylvaniaTransmedia CapitalMorado Venture PartnersDHVC (Digital Horizon Capital)Altimeter CapitalBain Capital VenturesMeritech Capital PartnersRelay VenturesRaine VenturesFounder CollectiveUpfront VenturesUSVPThrive CapitalVast VenturesBoxGroupGoat CapitalAlpine MeridienWestern Technology InvestmentLong Journey VenturesQuiet CapitalAmerican Express VenturesArthur VenturesTGMDynamic Loop CapitalSound VenturesFlybridge Capital PartnersKapor CapitalLerer HippeauHarrison MetalBattery VenturesFuture VenturesFifth WallLiquid 2 VenturesFika VenturesVayner RSEWildcat VenturesNKM CapitalB Capital Group7percent VenturesRRE VenturesGoogleTCVGVHack VCPJCDrive CapitalGlencrest GroupTiger Global ManagementThird PrimeKima VenturesCraft VenturesAdditionThreshold VenturesBaseline VenturesMeridian Street CapitalMonozukuri VenturesCoatueCatapult CapitalBling CapitalAlumni Ventures GroupToken AmigoaCrew CapitalICONIQ CapitalRenegade PartnersWestWave CapitalScifi Vc.406 Ventures10100Third Kind VenturesTribe CapitalGGV CapitalLombardStreet VenturesOutlander LabsPelion Venture PartnersMoment VenturesXfundGolden Gate VenturesSusa VenturesDST GlobalLemnos LabsBonfire VenturesENIAC VenturesRefactor CapitalWasabi VenturesBullpen CapitalFoundry GroupTrinity VenturesCrosscut VenturesMerus CapitalLead Edge CapitalBow CapitalBedrock CapitalDefy Partners2048 VenturesThe House FundLobby CapitalOffline VenturesLightShed Ventures01 AdvisorsFundersClubFPV FundOperator PartnersLux CapitalAndreessen HorowitzKhosla VenturesGeneral CatalystRubicon VCFounders FundLightspeed Venture PartnersSV AngelInitialized CapitalCompoundNextView VenturesWinklevoss CapitalCorazon CapitalOkta VenturesXYZ Venture CapitalPioneerOwl Rock Capital PartnersWGI GroupNeu Venture CapitalTransformation CapitalEvolve VCRainfall VenturesOtherwise FundSemble VenturesAccomplice VCLowercarbon CapitalAngel Collective Opportunity FundNew Enterprise Associates (NEA)DCVC (Data Collective)AtomicExpaIndex VenturesJude Gomila Rolling FundByers CapitalSapphire VenturesPrimary Venture Partners#ANGELS (Hashtag ANGELS)Seven Seven SixTwo Sigma VenturesElectric CapitalVenrockA* PartnersBenchmarkBessemer Venture PartnersCanaan PartnersCollaborative FundCorrelation VenturesFlexcapCowboy VenturesHeadline (formerly e.ventures)Felicis VenturesFJ LabsFloodgateFoundation CapitalVillage GlobalGreat Oaks Venture CapitalGreycroftGreylockKleiner PerkinsMayfieldMenlo VenturesRedpoint VenturesSequoia CapitalTrue VenturesY CombinatorUncork CapitalBetter Tomorrow VenturesJanuary VenturesRoble VenturesAcequia CapitalClimacticAll Iron VenturesKKRVouch InsuranceBoosted CommerceBig Sky HealthPlaidDopamine VenturesNext47Prefix CapitalObvious VenturesLocalGlobeSamsung NEXT VenturesStrategic BetaForerunner VenturesThe General PartnershipThird Sphere7BC Venture CapitalSignia Venture PartnersSparkLabs Global VenturesFirstMark CapitalRock VenturesSlow VenturesLeft Lane Capital2.12 AngelsApollo ProjectsInspired CapitalManta Ray VenturesNorwest Venture PartnersInnovation EndeavorsTechstarsAbstract VenturesPractical Venture Capital
First Round Capital Team
Photo of Meka Asonye, Partner at First Round Capital
Meka Asonye
Sweet spot: $1.5M
Range: $100K - $5.0M
Investors in San Francisco (CA), Investors in SF Bay Area (CA)
Photo of Hayley Barna, Partner at First Round Capital
Hayley Barna
Sweet spot: $1.5M
Range: $100K - $5.0M
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: $1.5M
Range: $100K - $5.0M
Investors in San Francisco (CA)
Investors in ClimateTech/CleanTech, Investors in Enterprise, Investors in San Francisco Bay Area (Other Lists), Investors in Social Networks
Photo of Cristina Cordova, Partner at First Round Capital
Cristina Cordova
Sweet spot: $2.0M
Range: $500K - $5.0M
Investors in SF Bay Area (CA)
Photo of Chris Fralic, Partner at First Round Capital
Chris Fralic
Sweet spot: $1.5M
Range: $100K - $5.0M
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: $1.5M
Range: $100K - $5.0M
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: $1.5M
Range: $100K - $5.0M
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 Josh Kopelman, Partner at First Round Capital
Josh Kopelman
Sweet spot: $2.0M
Range: $1M - $3.0M
Investors in Canada, Investors in United States, Investors in Philadelphia (PA), Investors in San Francisco (CA)
Photo of Alex Marshall, Investor at First Round Capital
Alex Marshall
Sweet spot: $1.5M
Range: $100K - $5.0M
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 ClimateTech/CleanTech, 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 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)