# AFC First Financial: portfolio, investments and team

> AFC First Financial is an investment firm. 2 investments on record, latest Jun 2006. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/afc-first-financial (Millionrounds; every figure on the page links to its filing or article)

[Investor](https://millionrounds.com/investors)

# AFC First Financial

Last cheque observed Jun 2006. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Investment firm

Seed Series C

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 2 on record

Since the last cheque **7438** days **00** hrs **00** min **00** sec

Median round **$9.0M** Rounds led **0 of 2** Sole investor **1 rounds** Exits **1 from the portfolio**

Pitch AFC First Financial

## AFC First Financial highlights

- 01 2 rounds on record
- 02 Mostly Seed and Series C: 100% of its rounds
- 03 Sole investor in 1 rounds, median $100K
- 04 1 exits from the portfolio

## What they do

- **Type:** Investment firm (from a list, unverified)
- **Cheque size:** Not stated
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **2 appearances**

- **2006** 1 round
- **Jun** **[EnergyWeb Solutions](https://millionrounds.com/company/energyweb-solutions)** Seed · US · afcfirst.com **$100K** Sole investor
- **2004** 1 round
- **Jul** **[BroadLight](https://millionrounds.com/company/broadlight)** Series C · US **$18M** With 5 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## Exits from the portfolio

Companies it backed that were later bought or listed **1 in all**

**[BroadLight](https://millionrounds.com/company/broadlight)** Bought by [Broadcom](https://millionrounds.com/fund/broadcom-limited) **$230M** Mar 2012

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Seed Series C

Median round joined **$9.0M** the round, not its cheque Alone, median **$100K**

Led 0 of 2 rounds **0%**

- **Sole investor:** 1 rounds
- **Last cheque:** Jun 2006
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Seed *1*
- Series C *1*

Cheques by year Led Joined

2004 2006

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## Quick answers about AFC First Financial

### What does AFC First Financial invest in?

AFC First Financial invests most often at Seed and Series C (100% of the rounds on record).

### How active is AFC First Financial?

2 investments on record, 0 of them in the last 12 months. The most recent was in Jun 2006.

### How big are AFC First Financial's cheques?

The median round it joins is $9.0M.

### Is AFC First Financial investing now?

No investments in the last 12 months; the latest was in Jun 2006.

### What kind of investor is AFC First Financial?

AFC First Financial is an investment firm.

### Where does this information on AFC First Financial come from?

From 1 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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