First Round Capital

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First Round
IndustryVenture Capital
Founded2004
HeadquartersPhiladelphia
Websitewww.firstround.com

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

Founded by Josh Kopelman,[1] 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.[2] In 2019, the firm launched the Graduate Fund, a pre-seed fund for recent graduates of undergraduate or master's programs.[3]

Its investments include 9GAG,[4] Birchbox,[5] GroupMe,[6] HotelTonight,[7] Massdrop,[8] RaiseMe,[9] and Roblox.[10]

Reference[edit]

  1. ^ Well-Known Tech Investor Aims Higher, cnnmoney.com, September 7, 2007
  2. ^ For Students, By Students: First Round Capital Announces Dorm Room Fund in Philly, PandoDaily, September 24, 2012
  3. ^ "New pre-seed fund powered by First Round Capital will target recent graduates". TechCrunch. Retrieved 2019-01-17.
  4. ^ "9GAG". crunchbase. Retrieved 2019-03-14.
  5. ^ "Birchbox". crunchbase. Retrieved 2019-03-14.
  6. ^ "Bidding War Breaks Out Over GroupMe". Business Insider. Retrieved 2019-03-14.
  7. ^ "HotelTonight". crunchbase. Retrieved 2019-03-14.
  8. ^ "Massdrop". crunchbase. Retrieved 2019-03-14.
  9. ^ "RaiseMe". crunchbase. Retrieved 2019-03-14.
  10. ^ "Roblox". crunchbase. Retrieved 2019-03-14.

External links[edit]