Venture capital firm

First Round Capital LLC

Compiled from public sources

First Round Capital LLC is a San Francisco- and Philadelphia-headquartered venture capital firm, early-stage asset manager, and general partner founded in 2004. Operating as a pioneer in seed-stage venture capital, the firm's core investment strategy centres on leading and participating in pre-seed and seed-stage financing rounds for ambitious technology founders before product launch or at ideation. First Round Capital LLC targets category-defining startups across software-as-a-service (SaaS), artificial intelligence, financial technology, healthcare/biotech, e-commerce, and enterprise software.

Investment focus

Sectors
Financial servicesConsumerTechnologyHealthcareManufacturing and industrials
Stages and strategies
SeedPre-seedSeries A
Instruments
Equity
Regions
Sub-Saharan Africa, Europe, Northern America

Selected portfolio and direct investments

  • Healthleap Inc.

Recent investments and transactions

All transactions

Sources

  1. Partner Researchers, accessed 14 November 2026