First Round Capital
Venture firm with offices in San Francisco, New York and Philadelphia that invests early on the path to product-market fit, in rounds from $100,000 to $20 million.
- Type
- Venture capital firm
- Location
- San Francisco, New York and Philadelphia
- Website
- https://www.firstround.com
- Stages
- pre-seed, early stage
About
First Round says it goes to unreasonable lengths for founders, often when all they have is an idea. Its FAQ says it invests early on the path to product-market fit, in rounds as small as $100,000 and as large as $20 million, and often takes a board seat at first. It has offices in San Francisco, New York and Philadelphia.
First Round co-led Mach9's $34 million Series A with Bessemer Venture Partners. The company announced it on 2026-10-21. Prudence and Quiet Capital participated. The company release says total funding is $49 million. That total is not stored.
Funding rounds on RaiseTrack
| Company | Round | Date | Role |
|---|---|---|---|
| Mach9 | Series A 2026 | 2026-10-21 | lead |
| Healthleap | Seed 2026 | 2026-10-07 | lead |
| Quartermaster | Series B 2026 | 2026-09-28 | participant |
Sources
Last verified:
- https://www.firstround.com/
Type: official investor website. Accessed 2026-10-08.
First Round home page and FAQ. Source of the San Francisco, New York and Philadelphia office addresses, the line that it invests early on the path to product-market fit, round sizes from $100,000 to $20 million, and its pre-seed lead in K2 Space. - https://mach9.ai/news/34-million-series-a
Type: company announcement. Accessed 2026-10-22.
Mach9 release, October 21, 2026. Says First Round Capital co-led the $34 million Series A with Bessemer Venture Partners. Prudence and Quiet Capital participated. Says total funding is $49 million. That total is not stored. - https://www.prnewswire.com/news-releases/mach9-raises-34m-series-a-to-bring-civil-engineering-into-the-ai-era-302915153.html
Type: funding announcement. Accessed 2026-10-22.
PR Newswire, Oct 21, 2026, 10:00 ET. Same co-leads and participants. The $49 million total is not stored. - https://techcrunch.com/2026/10/21/mach9-raises-34m-after-pivoting-to-ai-cad-software/
Type: reputable publication. Accessed 2026-10-22.
TechCrunch, October 21, 2026. Says First Round Capital co-led the $34 million Series A with Bessemer Venture Partners, with Prudence and Quiet Capital. - https://buttondown.com/raisetrack/archive/raise-track-update-2026-10-22/
Type: other verified public source. Accessed 2026-10-22.
Raise Track Update for 2026-10-22. Says First Round Capital co-led Mach9's $34 million Series A with Bessemer Venture Partners.