United States · Investor

First Round Capital

Last cheque observed Oct 2026; 807 cheques on record.

Deploying nowNew fund $296M, Aug 2026VC firm

Pre-seedSeedSeries AEnterprise_softwareAIInfrastructure

Deploying now
92%of best year61cheques in 12 months, 807 on record
Since the last cheque1days00hrs00min00sec
Median round$18MCheque size, as they say$1.0M – $7.0MRounds led15 of 807Sole investor16 roundsExits84 from the portfolioMostly inUnited States, 97%
Pitch First Round Capital

First Round Capital highlights

  1. 01

    61 cheques in the last 12 months

  2. 02

    Mostly Series A and Seed: 63% of its rounds

  3. 03

    Sole investor in 16 rounds, median $1.9M

  4. 04

    84 exits from the portfolio

What they do

First Round is a venture capital firm that works with founders exclusively at the earliest stages of company buildingFrom their own website
Type
VC firm (from a list, unverified)
Cheque size
$1.0M – $7.0M as they say
Stages
Pre-seedSeedSeries ASeries BGrowthPre-IPO
Sectors
Enterprise_softwareAIInfrastructure
Based in
San Francisco, United States
Cold pitches
Accepted

The record

Every round we can evidence, newest first807 appearances

  1. 2026

    55 rounds

  2. Oct
    ServalSeries C · US · Google News search$150MWith 8 others
  3. Oct
    Mach9Series A · US · Wowtale$34MLed
  4. Oct
    TownSeries B · US · Menlo Ventures$108MWith 15 others
  5. Oct
    BrelliumSeries A · US · TechStartups$23MLed
  6. Oct
    FlaiSeries A · US · LatamList$27MWith 5 others
  7. Oct
    HealthleapSeries A · ZA · Firms' own news pages$38MLed
  8. Sept
    QuartermasterSeries B · US · Tech Funding News$140MWith 8 others
  9. Sept
    AranyaSeed · US$9.0MWith 2 others
  10. Aug
    Candid HealthSeries D · US · Firms' own news pages$120MWith 5 others
  11. Aug
    GrittSeries A · US · Ventureburn$26MWith 6 others
  12. Aug
    GeneraSeed · US$10MWith 2 others
  13. Aug
    SolvaSeed · US$6.0MWith 2 others
  14. Jul
    Ellis AISeed · US · TechCrunch$10MWith 7 others
  15. Jul
    GauntletSeries C · US · AlleyWatch$125MWith 6 others
  16. Jul
    AndrenamSeries A · US$18MWith 2 others
  17. Jul
    Boulder CareGrant · US$1.8MWith 4 others
  18. Jul
    Corner HealthSeries A · US$25MWith 1 other
  19. Jul
    Healia HealthSeries A · US$14MWith 3 others
  20. Jun
    ProceptionSeed · US · TechCrunch$11MLed
  21. Jun
    Assort HealthSeries C · US · Menlo Ventures$120MWith 7 others
  22. Jun
    Endurance EnergySeries A · US · TechCrunch$54MWith 7 others
  23. Jun
    CollateSeries A · US · Ventureburn$95MWith 3 others
  24. Jun
    ScotchSeries A · US · Crunchbase News$20MWith 3 others
  25. Jun
    BoardSeries A · US · TechCrunch$20MWith 6 others
  26. Jun
    ProceptionSeed · US$500KWith 2 others
  27. Jun
    PloyVenture · USUndisclosedWith 1 other
  28. Jun
    TownSeries A · US$60MWith 4 others
  29. May
    QuartermasterSeries A · US · TechCrunch$43MLed
  30. May
    EisenSeries A · US · Ventureburn$10MWith 4 others
  31. May
    BintiVenture · US$6.0MWith 4 others
  32. Apr
    Parallel Web SystemsSeries B · US · Google News search$100MWith 7 others
  33. Apr
    ActivelySeries B · US · TechStartups$45MWith 4 others
  34. Apr
    Manifest OSSeries A · US · TechStartups$60MWith 3 others
  35. Apr
    OmniSeries C · US · Ventureburn$120MWith 6 others
  36. Apr
    ArtemisSeries A · US · Ventureburn$70MWith 10 others
  37. Apr
    NoonSeed · Ventureburn$44MWith 4 others
  38. Apr
    daydream LabsSeries A · US$15MWith 4 others
  39. Apr
    Merlin LabsUS$80MWith 4 others
  40. Apr
    UpstartDebt · US$1.5BWith 4 others
  41. Apr
    Ossium HealthVenture · US$15KWith 4 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.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration16 named

ACAsonye ChukwuemekaExecutive OfficeriFiling they signed
BBBrett BersonExecutive OfficeriFiling they signed
CFChris FralicExecutive OfficeriFiling they signed
CFChristopher FralicExecutive OfficeriFiling they signed
CAChukwuemeka AsonyeExecutive OfficeriFiling they signed
CCCristina CordovaExecutive OfficeriFiling they signed
EWElizabeth WesselExecutive OfficeriFiling they signed
HBHayley BarnaExecutive OfficeriFiling they signed
HMHoward MorganExecutive OfficeriFiling they signed
JKJosh KopelmanExecutive OfficeriFiling they signed
JKJoshua KopelmanExecutive OfficeriFiling they signed
PBPhineas BarnesExecutive OfficeriFiling they signed
RHRob HayesExecutive OfficeriFiling they signed
RHRobert HayesExecutive OfficeriFiling they signed
TJTodd JacksonExecutive OfficeriFiling they signed
WJWilliam J TrenchardExecutive OfficeriFiling they signed

We also hold 45 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

8+funds on filenumbered funds in its name

Exits from the portfolio

Companies it backed that were later bought or listed84 in all

SquadBought by TwitterUndisclosedDec 2020
LookerBought by GoogleUndisclosedJun 2019
EeroBought by Amazon$97MFeb 2019
RingBought by Amazon$839MFeb 2018
LinkedInBought by Microsoft$26BDec 2016
LiveOpsBought by Marlin Equity PartnersUndisclosedDec 2015
FountainBought by PorchUndisclosedOct 2015
LeoBought by LyftUndisclosedJun 2015
PathBought by Daum KakaoUndisclosedMay 2015
Get SatisfactionBought by SprinklrUndisclosedApr 2015
FabBought by PCH International$15MMar 2015
BackupifyBought by DattoUndisclosedDec 2014
ReadyforceBought by LookSharp (powering InternMatch)UndisclosedDec 2014
NomiBought by BrickstreamUndisclosedOct 2014
MessageMeBought by Yahoo!$30MOct 2014
GnipBought by Twitter$134MAug 2014
KidZuiBought by LeapFrogUndisclosedAug 2014
Plastic JungleBought by CardCash.comUndisclosedJul 2014
FlurryBought by Yahoo!$200MJul 2014
SmartThingsBought by Samsung Electronics$200MJul 2014

The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as First Round Capital. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies First Round Capital put money into.

On podcasts

6 episodes naming First Round Capital in the title, and 4 more that mention it.

Mentioned in

Quick answers about First Round Capital

What does First Round Capital invest in?

First Round Capital invests most often at Series A and Seed (63% of the rounds on record), in sectors such as Enterprise_software, AI and Infrastructure.

How active is First Round Capital?

807 investments on record, 61 of them in the last 12 months, and it led 15. The most recent was in Oct 2026.

What has First Round Capital invested in recently?

Its most recent investments on record: Serval (Series C, Oct 2026), Mach9 (Series A, Oct 2026) and Town (Series B, Oct 2026).

How big are First Round Capital's cheques?

The median round it joins is $18M. It says it writes cheques of $1.0M to $7.0M.

Does First Round Capital lead rounds?

Sometimes: it led 15 of its 807 investments on record (2%).

Where does First Round Capital invest?

Most of the companies it backs are in the United States (97%).

Is First Round Capital investing now?

Yes: it is actively investing, with 61 investments in the last 12 months.

Who does First Round Capital invest alongside?

Most often SV Angel (125 rounds together), BoxGroup (92 rounds together) and Y Combinator (70 rounds together).

Raising now?

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it