First Round Capital

United States
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:United States • New York, New York • Philadelphia, Pennsylvania • San Francisco, California
Investor Firms That Co-Invest with First Round Capital
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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 E-commerce (Pre-seed), Investors in Enterprise (Pre-seed), Investors in IoT (Pre-seed), Investors in MarketingTech (Pre-seed), Investors in Marketplaces (Pre-seed), Investors in E-commerce (Seed), Investors in Enterprise (Seed), Investors in IoT (Seed), Investors in MarketingTech (Seed), Investors in Marketplaces (Seed), Investors in E-commerce (Series A), Investors in Enterprise (Series A), Investors in IoT (Series A), Investors in MarketingTech (Series A), Investors in Marketplaces (Series A), Investors in Diverse Investors (Other Lists), Investors in Female Investors (Other Lists), Investors in New York City (Other Lists), 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)
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 (Pre-seed), Investors in E-commerce (Pre-seed), Investors in Gaming/eSports (Pre-seed), Investors in IoT (Pre-seed), Investors in MarketingTech (Pre-seed), Investors in Social Networks (Pre-seed), Investors in Travel (Pre-seed), Investors in Advertising (Seed), Investors in E-commerce (Seed), Investors in Gaming/eSports (Seed), Investors in IoT (Seed), Investors in MarketingTech (Seed), Investors in Social Networks (Seed), Investors in Travel (Seed), Investors in New York City (Other Lists), Investors in New York City (Other Lists)
Photo of Rob Hayes, Partner at First Round Capital
Rob Hayes
Sweet spot: $1.5M
Range: $100K - $5.0M
Investors in San Francisco (CA)
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)
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)
Photo of Bill Trenchard, Partner at First Round Capital
Bill Trenchard
Sweet spot: $2.4M
Range: $750K - $4.0M
Investors in United States, Investors in San Francisco (CA)