First Round

First Round is a venture capital firm that provides seed and early-stage funding to technology startups, operating out of headquarters in San Francisco, California, and West Conshohocken, Pennsylvania. The firm acts as the first institutional backer for emerging companies, typically deploying initial investments ranging from $200,000 to $3.5 million per deal. Beyond capital allocation, the partnership supplies operational support, networking resources, and go-to-market advisory services for its portfolio companies. Across its various active funds, the organization has invested in a portfolio of over 500 startups spanning the enterprise, healthcare, and consumer technology sectors. First Round has backed several prominent technology enterprises during their earliest stages, including recognizable portfolio companies such as Uber, Square, Notion, and Roblox. The venture firm was founded in 2004 with an initial $10 million fund by Josh Kopelman and Howard Morgan.