First Round Capital - Venture Fund

First Round Capital

Venture Fund | San Francisco, CA, United States
www.firstround.com

Share your venture with First Round Capital

First Round Capital - Ideal Startup Investment

We are early investors, often providing the company’s first outside capital, and are not afraid of investing in pre-revenue companies.

Companies must provide a unique solution to an existing urgent need. We don't invest in companies which try to change consumer behavior or create a new consumer need.

We look for companies that are able to leverage advances in distribution, technology or marketing to change industry economics or invent a new business model.

We tend to focus on companies and markets where we have a strong experience base and ability to add value. Speaking broadly, this tends to focus us around technology-based, marketing focused companies – with an emphasis on consumer-facing business. [Note: We reject more deals for this reason than any other. We only invest in what we know -- and a rejection from us doesn't mean your business won't succeed...it just means we can't help it succeed].

Entrepreneurs must know what they are talking about – and have a clear understanding of their marketplace, their competitors and the financial dynamics of the industry.

We value simplicity and clarity – if it takes more than 5 minutes to get us excited about your business, you might be trying to do too many things…

Beginners make a lot of mistakes. We look for proven management, with emphasis on repeat entrepreneurs who are strong executors.

Too many companies treat marketing and sales as a tactical afterthought. We believe marketing is strategic and seek companies that are marketing focused – with marketing requirements driving product development.

We love investing in technologies and business models that are able to shrink existing markets. If your company can take $5 of revenue from a competitor for every $1 you earn – let's talk!

We tend to be active investors. We believe our insight and expertise are far more valuable than our capital – and we look for entrepreneurs who feel the same and want our help.

First Round Capital Invests In These Industries

BiotechnologyLifestyle
Business Products and ServicesMarketing / Advertising
Clean TechnologyMedia and Entertainment
Computers and PeripheralsMedical Devices and Equipment
Consumer Products and ServicesMobile
EducationNanotechnology
Electronics / InstrumentationNetworking and Equipment
Financial ServicesOther
Food / DrinkRetailing / Distribution
GamingSemiconductors
Healthcare ServicesSoftware
Industrial/EnergySports
Internet / Web ServicesTelecommunications
IT ServicesTravel

First Round Capital Invests In Companies That Have Reached The Following Milestones

Concept Only - $10M in Trailing 12 Mo. Revenue
Concept OnlyProduct In DevelopmentPrototype ReadyFull Product Ready$500K in Trailing 12 Mo. Revenue$1M in Trailing 12 Mo. Revenue$3M in Trailing 12 Mo. Revenue$5M in Trailing 12 Mo. Revenue$10M in Trailing 12 Mo. Revenue$20M in Trailing 12 Mo. Revenue$50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. Revenue ►◄ Concept Only

First Round Capital Invests In Companies With These Funding Needs

  • Pre-money Valuation: USD3,000,000 - USD20,000,000
  • Capital Seeking: USD400,000 - USD20,000,000
  • Previously Raised: USD500,000 - USD1,000,000

First Round Capital Expects Their Investments To Generate

  • Expected Revenue By Year 5: USD50,000,000 - USD250,000,000
  • Expected Returns: 10x Investment - 30x Investment
  • Expected Years to Exit: 2 Years - 7 Years
  • Expected Years to Break Even: 1 Year - 3 Years

First Round Capital Investment Portfolio

Not Available