First Round Capital

Activity from announced rounds

Activity in this selectionOct 21, 2026 · Sep 22, 2026

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
4
Confirmed lead rounds
1
All roles disclosed
New companies
2
First participation on record · 2 follow-on
Funding in participating rounds
$283M
4 disclosed · full round size, not this investor’s share

By stage

Series B2
Seed1
Series A1

By primary sector

AI1
Defense tech1
Healthtech1
Mobility1

By country

United States3
1

Rounds

4 in this selection
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