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
Active Fund
First Round X ($500M) · 2024
Notable Partners
Josh KopelmanBill TrenchardHayley BarnaBrett Berson
Notable Portfolio
ubersquarenotionroblox
Investment Focus
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.