First Round Capital

Seed-stage specialist with strong founder community

VC Seed 📍 San Francisco, CA Founded 2004

AUM

$3.5B

as of 2026-Q1

SMALL

First Round Capital was founded in 2004 by Josh Kopelman and is a seed-stage specialist. Known for the First Round Review and a deep founder-network platform.

Firm Profile

Firm Type

Subtype

Seed

Founded

2004

San Francisco, CA

Country

USA

Active Fund

First Round X ($500M) · 2024

Notable Partners

Josh KopelmanBill TrenchardHayley BarnaBrett Berson

Portfolio Companies (48)

Enriched 2026-08-09 · QuantLogix research

Notion Aven Unit Public Caplight Technologies Enter Parallel Omni Flow (Miami)ContentSquare (Heap)Clay Verkada Sandbar K2 Space Persona Assort Health Endurance Energy EllisSan Francisco, CA 94103Company NameDeal DateDeal TypeDeal SizeIndustryCompany StageLead Partner511 portfolio companies Venture Capital$13B invested949 investmentsInvestor rankDistribution of portfolio companies by headquarters countryderived from the investor’s transaction history.led by BlackRock and Fin Capital →First Round Capital investmentsSign up to view full sectorand valuation breakdowns for this investor.Sign up to explore yearly investment trends and funding raised over time.Last updated: July 30High Tech& 37 moreCanada& 19 moreMerlin LabsWarby Parker& 12 moreDeals in last 12 monthsFirst Round Capital has a portfolio of 570 companiesincluding 21 uUber UBER Roblox RBLX Warby Parker WRBY

Investment Focus

Stages

Seed

Sectors

Enterprise · Consumer · Fintech · Bio

VCSeed SpecialistStrong Brand

Investor data reflects publicly disclosed AUM, fund sizes, and portfolio holdings as of 2026-Q1. Refreshed periodically.