First Round Capital
Seed
Investment focus
First Round Capital is an exclusively seed-stage firm that partners with founders at the very first stages of company creation, seeking teams with compelling and contrarian insight into how the world works that others miss.
Founded2004
HQSan Francisco, CA
RegionUS · SF Bay
StagesPre-Seed · Seed
Check size$750K–$4M
Sectors
SaaSConsumerFintechEnterprise
Notable portfolio
UberSquareRobloxNotionWarby ParkerLookerFlatiron HealthVerkada
Recent activity (2025–26)
- Clay (AI sales automation, $3.1B valuation, 2025)
- Fal (generative media infrastructure, $4.5B valuation, Dec 2025)
- Pomelo Care (virtual maternal health, $1.7B valuation, Jan 2026)
