First Round Capital
Premier seed-stage venture capital firm known for backing iconic companies at inception. Pioneered community-driven venture capital with extensive founder resources. Selective healthcare technology investments.
Website
https://firstround.comLocation
San Francisco, USA / New York, USA
Founded
2004
AUM
$2B+
Investment Range
$500K - $3M
Portfolio Companies
1
Focus
generalist
Fund Stages
seed
Investment Thesis
First Round Capital focuses exclusively on seed-stage investments, typically being the first institutional investor in companies. While primarily technology-focused, they back healthcare technology companies that use software to transform healthcare delivery. Known for their community approach and extensive founder resources.
Team
Partners / Managing Directors (Health & Bio Focus)
- Josh Kopelman - Founder & Partner
- Bill Trenchard - Partner
- Phin Barnes - Partner
- Todd Jackson - Partner
Other Key Team Members
- Platform team supporting portfolio companies
Focus Areas
- Enterprise Software
- Consumer Technology
- Healthcare Technology
- Fintech
- Developer Tools
- Marketplace
Notable Exits
- Uber - IPO (2019, NYSE: UBER)
- Square - IPO (2015, NYSE: SQ)
- Notion - Continued growth
- DNAnexus - $15M Series A (2011) participant
Sources
Portfolio Companies
| Name | Location | Founded | Categories |
|---|---|---|---|
| DNAnexus | Mountain View, California, USA | 2009 | genomicscloud-platform+3 |