First Round Capital

Investor - Venture Capital

Overview

First Round is a venture capital firm that specializes in providing seed-stage funding to technology companies.

Country: United States

Founded: 2004

Headquarters: San Francisco, CA

Investment Strategy

Geography

  • North America

Sector Focus

  • Marketplace Lending
  • WealthTech
  • Payments and Remittances
  • Infrastructure and Enterprise Software
  • Data and Analytics
  • Cryptocurrencies
  • Blockchain

Investment Stage

  • Seed
  • Later Stage Venture
  • Series A
  • Series B
  • Series C

Summary

First Round is a seed-stage venture firm focused on building a vibrant community of technology entrepreneurs and companies, including Uber, Square and Warby Parker. Through custom-built software, incredible in-person experiences, and a host of other unique services, First Round helps tiny companies get big while constantly reimagining the role of venture capital.

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Investments

Date

Name

Size

Round

Co-Investors

Sector

Country

April 2016

MemSQL

$36M

Series C

Accel, Caffeinated Capital, Data Collective, DST Global

Data & Analytics

United States

May 2016

Haven

$11M

Series A

AITV (Accelerate IT Ventures), Data Collective, Oreilly AlphaTech Ventures, Spark Capital

Infrastructure and Enterprise Software

United States

March 2016

Zodiac

$3M

Seed

Western Technology Investment, Metamorphic Ventures, Felicis Ventures

Data & Analytics

United States

February 2016

Zendrive

$13.5M

Series A

AME Cloud Ventures, AME Cloud Ventures, Expansion Capital Partners, Expansion Venture Capital, Fontinalis Partners

Data & Analytics

United States

October 2015

Area 1 Security

$15M

Series B

Allegis Capital, Cowboy Ventures,Data Collective

Infrastructure and Enterprise Software

United States

September 2015

Fundera

$11.5M

Series B

BoxGroup, David Rosenblatt, Khosla Ventures, Lerer Hippeau Ventures, QED Investors

Marketplace Lending

United States

September 2015

Abra

$12M

Series A

American Express Ventures, Arbor Ventures, Blockchain Capital, Carthona Capital

Payments & Remittances

United States

September 2015

The Black Tux

$25M

Series B

BoxGroup, Crosscut Ventures, Founder Collective, Lerer Hippeau Ventures

Marketplace Lending

United States

July 2015

Upstart

$35

Series C

Collaborative FundCrunchFund, Founders Fund, Khosla Ventures

Marketplace Lending

United States

June 2015

Kentik

$12.1M

Series A

August Capital, Blue Ant Investments, Engineering Capital, Webb Investment Network

Data & Analytics

United States

June 2015

Jelli

$21M

Series B

Battery Ventures, Intel Capital, Relay Ventures

Infrastructure and Enterprise Software

United States

April 2015

Raise.me

$4.5M

Series A

Imagine K12, Owl Ventures, LP, SJF Ventures

Marketplace Lending

United States

April 2015

Gem

$1.3M

Seed

Amplify.LA, Baroda Ventures, Birchmere Labs, Blockchain Capital

Blockchain

United States

March 2015

Looker

$30M

Series B

First Round, Meritech Capital Partners, PivotNorth Capital, Redpoint, Sapphire Ventures

Data & Analytics

United States

March 2015

Metric Insights

$1.65M

Seed

Changming Liu, Lerer Hippeau Ventures, Western Technology Investment, TEEC Angel Fund

Data & Analytics

United States

February 2015

Reserve

$15M

Series A

Advancit Capital, Arena Ventures, Human Ventures Capital, Lowercase Capital, QueensBridge Venture Partners

Payments & Remittances

United States

January 2015

Planet

$70M

Series C

Oreilly AlphaTech Ventures, Lux Capital, AME Cloud Ventures, Capricorn Investment Group, DBL Partners

Data & Analytics

United States

January 2015

Boxed

$25M

Series B

AME Cloud Ventures, Basset Investment Group, Bessemer Venture Partners, BoxGroup, Deep Fork Capital

Payments & Remittance

United States

August 2014

Zoomin

$8M

Venture

Gund Investment, LLC, InnoVen Capital, Sherpalo Ventures

Payments & Remittances

United States

May 2014

Earnest

$4.3M

Venture

Atlas Venture, Black River Ventures, Correlation Ventures, FinSight Ventures

WealthTech

United States

Funds Raised

Vintage

Fund Name

Amount

2010

First Round Capital III LP

$126M

2012

First Round Capital IV

$135M

2008

First Round II

$125M

2014

First Round Capital V LP

$175M

Key Employees

Howard Morgan
Co-Founder & Partner

Jeff Donnon
Chief Financial Officer

Josh Kopelman
Founder & Partner

Chris Fralic
Partner

Rob Hayes
Partner

Bill Trenchard
Partner