First Round Capital

Last updated
First Round Capital
Industry Venture Capital
Founded2004;19 years ago (2004)
Founder Josh Kopelman
Howard L. Morgan
Headquarters San Francisco
Website www.firstround.com

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

Founded by Josh Kopelman [1] and Howard Morgan [2] First Round typically provides seed-stage funding and focuses on portfolio companies' growth during their first 18 months. It has offices in San Francisco, Philadelphia and New York.

In 2012, the firm launched Dorm Room Fund for college students to fund startups founded by their peers. [3] In 2019, the firm launched the Graduate Fund, a pre-seed fund for recent graduates of undergraduate or master's programs. [4]

Related Research Articles

<span class="mw-page-title-main">Venture capital</span> Form of private-equity financing

Venture capital is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth. Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing risky start-ups in the hopes that some of the companies they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. The start-ups are usually based on an innovative technology or business model and they are usually from high technology industries, such as information technology (IT), clean technology or biotechnology.

Kleiner Perkins, formerly Kleiner Perkins Caufield & Byers (KPCB), is an American venture capital firm which specializes in investing in incubation, early stage and growth companies. Since its founding in 1972, the firm has backed entrepreneurs in over 900 ventures, including America Online, Amazon.com, Tandem Computers, Compaq, Electronic Arts, JD.com, Square, Genentech, Google, Netscape, Sun Microsystems, Nest, Palo Alto Networks, Synack, Snap, AppDynamics, and Twitter. By 2019 it had raised around $9 billion in 19 venture capital funds and four growth funds.

Sequoia Capital is an American venture capital firm headquartered in Menlo Park, California which specializes in seed stage, early stage, and growth stage investments in private companies across technology sectors. As of 2022, the firm had approximately US$85 billion in assets under management.

Lightspeed Venture Partners is an American venture capital firm focusing on multi-stage investments in the enterprise, consumer, and health sectors. Lightspeed invests in seed, early and growth-stage companies.

<span class="mw-page-title-main">William Klippgen</span>

William Klippgen is a Singapore-based Norwegian entrepreneur and technology venture capitalist who co-founded the price comparison portal Zoomit.com. He served as one of the judges on the television series Angel's Gate, which was broadcast on Channel NewsAsia in 2012. Klippgen is a co-founder and serves as the Managing Partner at Cocoon Capital. He holds an MBA from INSEAD where he is an Entrepreneur in Residence.

Greycroft is an American venture capital firm. It manages over $2 billion in capital with investments in companies such as Bird, Bumble, HuffPost, Goop, Scopely, The RealReal, and Venmo. Greycroft was founded in 2006 by Alan Patricof, Dana Settle, and Ian Sigalow. The firm is headquartered in New York City and Los Angeles.

Klaus Hommels is a German venture capitalist. He focuses on early and growth-stage investments and has founded his own venture capital fund by the name of Lakestar, through which he has been investing mainly in digital businesses. He has been invested in Facebook, Skype and Xing; other examples are Klarna and Revolut.

Andreessen Horowitz is a private American venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California. As of April, 2023, Andreessen Horowitz ranks first on the list of venture capital firms by AUM.

<span class="mw-page-title-main">500 Global</span> U.S. startup accelerator

500 Global is an early-stage venture fund and seed accelerator founded in 2010 by Dave McClure and Christine Tsai. The fund admitted a first "class" of twelve startups to its incubator office in Mountain View, California in February 2011. They expanded to a second class of 21 in June 2011 and a third class of 34 in October 2011.

<span class="mw-page-title-main">AngelList</span> Website connecting startups, angel investors, and job-seekers

AngelList is a U.S. website for startups, angel investors, and job-seekers looking to work at startups. Founded in 2010, it started as an online introduction board for tech startups that needed seed funding. Since 2015, the site allows startups to raise money from angel investors free of charge.

SoFi Technologies, Inc. is an American online personal finance company and online bank. Based in San Francisco, SoFi provides financial products including student and auto loan refinancing, mortgages, personal loans, credit card, investing, and banking through both mobile app and desktop interfaces.

Runa Capital is an international venture capital firm headquartered in Luxembourg that invests in deep tech, cloud business software, fintech, edutech and digital health startups in early stages. From 2010 through 2022 Runa Capital raised 3 funds and invested in over 100 companies in more than 14 countries of Europe and North America, including Nginx, MariaDB, Zopa, Brainly, drchrono, Smava, and Mambu.

<span class="mw-page-title-main">Aileen Lee</span> American investor

Aileen Lee is a U.S. venture capital angel investor and co-founder of Cowboy Ventures.

Lowercase Capital is an American venture capital firm that provided seed and early stage funding for a number of successful startups including Twitter, Twilio, Kickstarter, Uber, Instagram, and Stripe. It raised over $1 billion in capital and sources claim a return of at least $5 billion to its investors.

<span class="mw-page-title-main">In Vichet</span>

In Vichet, is the co-founder and CEO of one of Cambodia’s first and most successful forays into e-commerce. He and his three other siblings founded Little Fashion in December 2010. He is also co-founder of Khmerload, also known as Mediaload, the first Cambodian tech startup to receive investment from Silicon Valley investors. It secured seed funding of $200,000 from 500 Startups in 2017. Channel NewsAsia featured Vichet as one of the great disruptors in Cambodia.

Silverton Partners is an early-stage venture capital firm headquartered in Austin, Texas.

Dorm Room Fund is a $10 million American venture capital firm focused on investments in student-run startups. Established by First Round Capital in 2012, the firm is operated by full-time undergraduate and graduate students. It has backed companies that have raised a combined $300 million in venture capital from investors including Y Combinator, Sequoia Capital, Andreessen Horowitz, and Union Square Ventures. With investments in over 100 companies, the firm is one of the most active seed-stage investors in the US. The firm has teams in San Francisco, New York City, Philadelphia, and Boston.

<span class="mw-page-title-main">Venture capital in Poland</span> Overview of venture capital in Poland

Venture capital in Poland is a segment of the private equity market that finances early-stage high-risk companies based in Poland, with the potential for fast growth. As of March 2019, there is a total of 130 active VC firms in Poland, including local offices of international VC firms, and VC firms with mainly Polish management teams. Between 2009–2019, these entities have invested locally in over 750 companies, which gives an average of around 9 companies per portfolio. The Polish venture market accounts for 3% of the entire European ecosystem of VC investments, mainly in the digital space.

Eric Paley is an American entrepreneur and venture capitalist. He is the co-founder and managing partner of Founder Collective, a seed-stage venture capital fund based in Cambridge, Massachusetts.

<span class="mw-page-title-main">Pear VC</span> Seed-stage venture firm

Pear VC is a seed-stage venture firm based in Menlo Park, California. It was founded by Pejman Nozad and Mar Hershenson in 2013. Pear VC works with early-stage companies. The company was originally based in Palo Alto, California before relocating to Menlo Park.

References

  1. Well-Known Tech Investor Aims Higher, cnnmoney.com, September 7, 2007
  2. Mark Suster (April 21, 2011). ""Want To Know How First Round Capital Was Started?"". Fast Company.
  3. For Students, By Students: First Round Capital Announces Dorm Room Fund in Philly, PandoDaily, September 24, 2012
  4. "New pre-seed fund powered by First Round Capital will target recent graduates". TechCrunch. 17 January 2019. Retrieved 2019-01-17.