First Round Capital

Activity from announced rounds

All recorded activity

First Round Capital concentrates on the first stages of company creation, investing across angel, pre-seed and seed rounds and working with founders on their earliest operating decisions.

Its team can help develop an initial sales strategy and recruit critical early hires before a startup has those functions in-house. The firm looks for a distinctive insight into a market or customer need and how the founding team can turn it into a business.

Founders can approach before they are ready to raise. Its PMF Method is designed to help early teams work toward product-market fit, making the firm relevant during the period of customer discovery as well as during a formal seed process.

Sources
Rounds participated in
28
Confirmed lead rounds
4
20 roles undisclosed
New companies
26
First participation on record · 2 follow-on
Funding in participating rounds
$1.3B
28 disclosed · full round size, not this investor’s share

By stage

Series A10
Series B7
Seed4
Series C+4
Undisclosed3

By primary sector

Enterprise software7
AI6
Fintech4
Healthtech3
Defense tech2
5 more
Proptech2
Biotech1
Developer tools1
Ecommerce1
Mobility1

By country

United States27
1

Rounds

28 in all activity
Mach9

AI CAD software that turns laser scans and imagery into engineering drawings for infrastructure projects.

$34MSeries A
Lead
Town

Town is a personal AI assistant that works across email, calendars, documents and messaging to handle tasks in a user’s connected tools.

$108MSeries B
Participant
Healthleap

Healthleap develops clinical AI software that helps hospital teams identify patients needing further assessment.

$8MSeed
Lead
Flai

Flai gives automotive dealerships AI tools to answer customer calls, capture leads and schedule sales and service appointments.

$27MSeries A
Participant
Quartermaster

Equips ships with sensor packages and analytics to create a distributed real-time maritime intelligence network

$140MSeries B equity + debt facility
Participant
Aranya

Aranya provides a multicluster operating system for AI GPU infrastructure, with clusterdOS as its open-source cluster engine.

$9MSeed
Lead
Genera

AI deployment software that helps enterprise software companies get customers live faster.

$10MSeed
Lead
Ellis

AI-native operations platform for private credit

$10MSeed
Role not disclosed
Healia

Healia is a healthcare benefits platform built for dual-income families.

$14MSeries A
Role not disclosed
Gritt

Combines robotics and AI to automate labor-intensive infrastructure and construction site tasks

$32.4MSeed+Series A
Role not disclosed
Corner Health

Corner Health helps nurse practitioners establish and expand local primary-care practices.

$32.5MSeed+Series A
Role not disclosed
Assort Health

Provides AI-powered patient journey platform for healthcare organizations

$120MSeries C
Role not disclosed
Scotch

Transforms liquor retail operations with AI-powered point-of-sale and inventory management

$20MSeries A
Role not disclosed
Town

Town is a personal AI assistant that works across email, calendars, documents and messaging to handle tasks in a user’s connected tools.

$55MSeries A
Participant
Quartermaster

Equips ships with sensor packages and analytics to create a distributed real-time maritime intelligence network

$43MSeries A
Role not disclosed
Eisen

Provides AI-enabled compliance operations infrastructure for financial services

$18.5MSeries A
Role not disclosed
Manifest OS

Powers AI-native law firms with outcomes-based fixed pricing and predictable quality

$60MSeries A
Role not disclosed
Actively

AI account agents that research prospects, maintain account context and advance work for revenue teams.

$45MSeries B
Role not disclosed
Petual

AI-powered platform for audit and compliance

$20MUndisclosed
Role not disclosed
Solidroad

Provides AI-powered quality assurance and training for customer support teams

$25MSeries A
Role not disclosed
daydream

AI-native agency for organic search combining SEO agents with human expertise

$15MSeries A
Role not disclosed
Steno

Provides tech-enabled court reporting and litigation support services

$49MSeries C
Role not disclosed
Beautiful.ai

AI-powered presentation software for professional on-brand slides

$45MSeries C
Role not disclosed
Gumloop

Provides AI-powered automation tools for non-technical employees to build and deploy autonomous agents

$50MSeries B
Role not disclosed
RenoFi

Provides AI-enabled renovation financing platform for homeowners

$22MSeries B
Role not disclosed
Ownwell

Manages property tax appeals and exemptions for homeowners to reduce tax bills using technology and local expertise

$50MSeries B
Role not disclosed
Loyal

Loyal develops medicines intended to extend dogs’ lifespans.

$100MSeries C
Role not disclosed