Golden
First Round Capital

First Round Capital

U.S-based venture capital firm investing on early-stage startups.

First Round Capital is a venture capital firm founded in 2004 by Joshua Kopelman and Howard Morgan. The firm is primarily based in West Conshohocken, Pennsylvania, although it also operates from Philadelphia, Pennsylvania; New York, New York; and San Francisco, California. As recent as February 2019, the firm is holding 210 companies in its portfolio and has sold off their shares in 202 companies. The firm’s most recent investment is in February 2019 for Castle, a network management software providing services in user security and account takeover prevention.

Funding

First Round Capital has invested in companies that are based in the United States. The firm prefers to fund companies that require capital in the seed and early stage. The firm tends to fund startups that are in the consumer-facing and Internet-enabled businesses (both B2C or B2B). The firm has managed to raise a total amount of $738 million in funds since its funding round in 2008. Its most recent funding series raised a total of $175 million in September 2016, and since October 2018 it is collecting capital for its next funding series, which was targeted to raise at least $200 million.

Timeline

Funded Companies

167 Results
Company
Company
Description
Description
Website
Website
Industry
Industry
Location
Location

Sano is a technology company making a biometric sensor that provides users with information about how their body metabolizes glucose.

Uber Technologies Inc. is a transportation network company (TNC) headquartered in San Francisco, California.

A technology company that has developed solutions for making and receiving payments. It was founded in 2009 and is located in San Francisco, California.

An industrial biotech company developing a commercial bioprocess for manufacturing bio-based malonic acid.

An insurance technology company offering automobile insurance at a base rate combined with payments for miles driven.

Roblox provides an online entertainment platform that allows users to build and play games and share them with others.

Lob is a company developing and building APIs for automating mail and customer communications with print media. It participated in the S13 cohort of Y Combinator.

Buddy Media is a social media marketing platform.

Refinery29 is a fashion company.

Liftopia is a company founded by Ron Schneidermann.

The Climate Corporation (Climate) is a digital agriculture company that is a subsidiary of Bayer. The Climate Corporation, founded in 2006 and based in San Francisco, examines weather, soil and field data.

Carbon Engineering is building technologies to capture CO2 directly from the atmosphere, and to use that CO2 in the synthesis of clean transportation fuels that displace crude oil.

One Kings Lane is an e-commerce company founded by Alison G Pincus.

Sproutling is a hardware company founded by Chris Bruce.

Warby Parker is an eyeglasses retailing company.

Planet Labs is a satellite imaging company, headquartered in San Francisco, CA, which offers monitoring with daily updates. It was founded in 2010.

MemSQL is a company providing a distributed and in-memory database for enterprises.

Associated investment funds

11 Results
Investment Fund
Investment Fund
Total offering (USD)
Total offering (USD)
Total sold (USD)
Total sold (USD)
Location
Location
Date signed
Date signed
174,950,000
174,950,000
June 27, 2014
174,950,000
174,950,000
September 8, 2016

People

Name
Role
LinkedIn

Abdul Ly

Employee



Ben Cmejla

Employee



Ben Standefer

Employee



Bill Trenchard

Employee



Brett Berson

Employee



Camille Ricketts

Employee



CeCe Cheng

Employee



Charlie O'Donnell

Employee



Chauncey Kerr Hamilton

Employee



Chris Fralic

Employee



Christina Kelly

Employee



Christine O'Neill

Employee



Emily Carten lynch

Employee



Hayley Bay Barna

Employee



Heston Berkman

Employee



Howard L Morgan

Employee



Josh Kopelman

Employee



Kasie Clifford

Employee



Kate Hyman

Employee



Kevin Deggelman

Employee



Kevin Kaiser

Employee



Lucy Brady

Employee



Nat Turner

Employee



Paul Barnes

Employee



Phineas Barnes

Employee



Further reading

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Companies

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References