Firms

First Round

First Round

United States · New York, New York · Philadelphia, Pennsylvania · San Francisco, California · Oakland, California · New Orleans, Louisiana · Mountain View, California · San Francisco Bay Area

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
Type
Venture capital

Team

Amy Fu
Amy Fu

First Round, vice_president

$3M$100K – $12MNew York, New York
$2M$500K – $5MSan Francisco, California
$2M$1M – $3MPhiladelphia, Pennsylvania
$1M$100K – $5MPhiladelphia, Pennsylvania
$800K$250K – $1MSan Francisco, California
$25K$10K – $100KOakland, California
$25K$10K – $50KOakland, California
$25K$5K – $50KSan Francisco, California
$25K$5K – $25KSan Francisco, California
$20K$20K – $20KNew York, New York

Co-investing

First Round Capital
BoxGroup
Y Combinator
Khosla Ventures
Felicis

Investments