Firsthand Ventures
Firsthand Ventures is a company.
Active
Updated: ·
Financial History
Total Raised
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Valuation
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Leadership Team
Key people at Firsthand Ventures.
Firsthand Ventures is a company.
Key people at Firsthand Ventures.
Key people at Firsthand Ventures.
Firsthand Ventures refers to Firsthand VC (firsthand.vc), an inception-stage venture capital firm based in New York City that invests in experienced founders building B2B autonomous AI systems from day zero, with a focus on agentic AI.[3] Its mission centers on partnering early with founders shaping autonomous AI agents, providing capital and a curated network of B2B leaders, particularly from the Salesforce ecosystem, to accelerate growth in this emerging field.[3] Key sectors include AI agents for enterprise applications like legal, healthcare, procurement, regulatory automation, and revenue intelligence, as evidenced by its portfolio companies such as CrewAI (multi-agent platform), Eudia (augmented intelligence for legal teams), and Distyl AI (enterprise AI scaling).[3] In the startup ecosystem, Firsthand VC influences the agentic AI movement through events like the AI Agent Conference and the Firsthand Homecoming Gala, fostering connections among AI founders, executives, and Salesforce alumni to unlock opportunities.[3]
Note that "Firsthand Ventures" may be confused with related but distinct entities like Firsthand Technology Value Fund (a publicly traded VC fund in Silicon Valley focusing on tech and cleantech equity investments)[1] or Firsthand Funds (sector mutual funds in technology and alternative energy).[2] This overview prioritizes the VC firm matching the query's naming and modern AI focus.[3]
Firsthand VC emerged from strong ties to the Salesforce alumni network ("Salesforce mafia"), with founding support from accomplished B2B software leaders who recognized the potential in agentic AI.[3] While specific founding year and key partners are not detailed in available sources, the firm positions itself as a specialist in inception-stage investments, curating networks like annual Homecoming Galas to connect founders with industry influencers.[3] Its evolution reflects a sharp focus on autonomous AI from day zero, highlighted by early portfolio bets on platforms like CrewAI and Eudia, capitalizing on the rapid rise of multi-agent AI systems amid the post-2023 AI boom.[3]
Firsthand VC rides the agentic AI trend, where autonomous agents handle complex, multi-step tasks for enterprises, fueled by advancements in large language models and orchestration tools post-ChatGPT.[3] Timing is critical amid 2025's AI agent hype, with market forces like enterprise demand for automation in legal, healthcare, and supply chains favoring early movers—Firsthand's portfolio addresses pain points like regulatory submissions (Weave) and procurement workflows (Didero).[3] It influences the ecosystem by hosting the AI Agent Conference, convening top founders and executives to shape standards and collaborations, amplifying New York's role as an AI hub alongside Silicon Valley.[3]
Firsthand VC is poised to expand its agentic AI portfolio as enterprises adopt autonomous systems for efficiency gains, with trends like policy-aware agents (ai.work) and AI simulations (Avarra) driving the next wave.[3] Expect deeper integrations with incumbents via its Salesforce network, potentially yielding high-multiple exits in M&A or IPOs as agentic tech matures. Its influence could evolve into a defining force in B2B AI, bridging experienced founders to scalable ecosystems—watch for more healthcare and enterprise automation bets to solidify its edge in this transformative shift.[3]