FirstMark Capital

This early-stage VC firm invests in exceptional entrepreneurs solving meaningful problems, partnering with remarkable businesses and fostering a community of...

ActiveVenture Capital

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Updated: Feb 17, 2026 ·

About

FirstMark Capital is an early-stage venture capital firm based in New York City. The firm's mission is to partner with exceptional entrepreneurs who are changing the world by solving meaningful problems. It has built a deeply engaged community among the extraordinary teams in its network to spread ideas and opportunities. The company isprivileged to work alongside the founders of remarkable businesses like Pinterest, Shopify, Riot Games, InVision, Airbnb, and dozens more.

Financial History

Total Raised

N/A

Valuation

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Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Oct 1, 2025	Tycho AI	$10.0M Series A	—	Adjacent, Betaworks Ventures, Contrary Capital, Factorial, Gaingels, Hustle Fund, Leadout Capital, Metaplanet, Round One Capital, Shrug Capital, Splash Capital, Ulu Ventures, Derrick Li, Eric Ries, Jaan Tallinn, Joe Greenstein, Karen King, Mark Cuban, Mark Pincus, Matthew Dellavedova, Ron Pragides, Sheila Vashee, Tim Kendall
Oct 1, 2025	Attuned Intelligence	$13.0M Seed	—	Intel Capital, Madrona Ventures
Oct 1, 2025	Synthesia	$200.0M Venture Round	—	Accel, GV, MMC Ventures, Philip Chopin, Amjad Masad, Christian Reber, Mark Cuban
Oct 1, 2025	AlgoX2	$4.0M Seed	—	Altimeter Capital, Battery Ventures, Benchmark, Bessemer Venture Partners, Bond, Citi Ventures, Coatue, Hanabi Capital, IVP, Khosla Ventures, Lightspeed Venture Partners
Sep 1, 2025	Dispatch	$18.0M Series A	—	Atomic, BoxGroup, Brainchild, Brewer Lane Ventures, Flyover Capital, F-Prime Capital Partners, Great North Ventures, Promus Ventures, SOSV, Techstars, Vista Equity Partners, Bob Pasker, Daren Cotter, Steve Martocci
Sep 1, 2025	Tesora	$500K Seed	—	Craft Ventures, Y Combinator, Cullen McAlpine, Kulveer Taggar, Nate Matherson, Oleg Rogynskyy, Todd Pedersen
Aug 1, 2025	TensorZero	$7.0M Seed	—	Altimeter Capital, Battery Ventures, Benchmark, Bessemer Venture Partners, Bond, Citi Ventures, Coatue, Hanabi Capital, IVP, Khosla Ventures, Lightspeed Venture Partners
Jul 1, 2025	Coverflow	$5.0M Seed	—	Adjacent, Betaworks Ventures, Contrary Capital, Factorial, Gaingels, Hustle Fund, Leadout Capital, Metaplanet, Round One Capital, Shrug Capital, Splash Capital, Ulu Ventures, Eric Ries, Jaan Tallinn, Joe Greenstein, Karen King, Mark Cuban, Mark Pincus, Matthew Dellavedova, Ron Pragides, Sheila Vashee, Tim Kendall
Jul 1, 2025	Daylight Security	$7.0M Seed	—	Bain Capital Ventures, Carrick Capital Partners, Cyberstarts VC, Fort Ross Ventures, Insight Partners, Salesforce Ventures, Assaf Rappaport, Leonid Belkind, Ofir Ehrlich, Will Prendergast, Yevgeny Dibrov
Jul 1, 2025	Anaconda	$150.0M Series C	—	Bain Capital Ventures, Insight Partners, Salesforce Ventures, Will Prendergast
Jun 1, 2025	Climatiq	$12.0M Series A	—	Singular, Jonathan Forster
Jun 1, 2025	Pickle	$4.0M Seed	—	Craft Ventures, First Round Capital, Y Combinator, Arash Ferdowsi, Ayush Sood, Cullen McAlpine, John Griffin, Kulveer Taggar, Matt Macinnis, Oleg Rogynskyy, Todd Pedersen
Jun 1, 2025	Vybe	$500K Seed	—	Alumni Ventures, NCT Ventures, New Enterprise Associates (NEA), Y Combinator
Jun 1, 2025	Glean	$150.0M Series F	—	Kevin Hartz, Addition, Amplify Partners, Andreessen Horowitz, Banana Capital, Battery Ventures, BITKRAFT Ventures, CapitalG, Cedar Capital Group, Coatue, Convective Capital, Coughdrop Capital, CRV, Daft Capital, Day One Ventures, DST Global, Emergence Capital, Felicis Ventures, Flex Capital, Founders Fund, Friends & Family Capital, General Catalyst, Global Founders Capital, Goat Capital, Greenoaks Capital, Greylock, Dave Munichiello, Infinite Niches, In-Q-Tel, Insight Partners, Invariantes Fund, IVP, Jetstream, Kleiner Perkins, Lightspeed Venture Partners, Mantis VC, Matrix, MS&AD Ventures, Otherwise Fund, Pareto Holdings, Pioneer Fund, QBE Ventures, Ride Ventures, Salesforce Ventures, Sand Hill Angels, Sapphire Ventures, Sequoia Capital, Singular, Snowflake Ventures, Spark Capital, Summit Partners, SV Angel, Telescope Partners, The Hit Forge, Theory Forge Ventures, Thirty Five Ventures, Todd and Rahul's Angel Fund, Tribe Capital, Wellington Management, Y Combinator, YOBE Ventures, Andre Iguodala, Azeem Azhar, Ben Tossell, Bradley Horowitz, Brandon Philips, Jonathan Swanson, Joshua Reeves, Joshua Webster, Kulveer Taggar, Mathilde Collin, Paul Graham, Paul Stahura, Ryan Shea, Sahin Boydas, Scott Belsky, Siqi Chen, Suhail Doshi, Thijn Lamers
Jun 1, 2025	Sorcerer	$4.0M Seed	—	10100, Craft Ventures, Evolution Equity Partners, Rick Yang, Pioneer Fund, Race Capital, Zain Rizavi, Scale Asia Ventures, Y Combinator, Cullen McAlpine, Nate Matherson, Oleg Rogynskyy, Todd Pedersen
May 1, 2025	ClickHouse	$350.0M Series C	—	Accel, AIX Ventures, Altimeter Capital, Battery Ventures, Benchmark, Bessemer Venture Partners, Bond, C2 Investment, Citi Ventures, Coatue, Costanoa Ventures, DTCP, Felicis Ventures, Flex Capital, Foundation Capital, General Catalyst, Vidu Shanmugarajah, Hanabi Capital, Innovation Endeavors, IVP, Khosla Ventures, Lightspeed India Partners, Lightspeed Venture Partners, M12, Maven Ventures, MMC Ventures, Philip Chopin, Shailendra Singh, Preston-Werner Ventures, Redpoint Ventures, Swift Ventures, TCV, The Hit Forge, Todd and Rahul's Angel Fund, Trinity Ventures, Vertex Ventures, Wing Venture Capital, Y Combinator, York IE, Alex Stamos, Amjad Masad, Augusto Marietti, Balaji Srinivasan, Ben Tossell, Bob Muglia, Christian Reber, Christopher Golda, Dylan Field, Gerhard Eschelbeck, Jeff Bezos, Kevin Weil, Kyle York, Mark Cuban, Mattia Astori, Peter Sonsini, Scott Belsky, Shane Neman, Stanley Druckenmiller, Tobias Lutke, Yann LeCun
May 1, 2025	Blinq	$25.0M Series A	—	Blackbird Ventures Australia, Cherry Ventures, Costanoa Ventures, DN Capital, Christian Miele, SoftBank Investment Advisers, Threshold Ventures, Mato Peric
May 1, 2025	Monarch Money	$75.0M Series B	—	2xN, Accel, Andreessen Horowitz, Bessemer Venture Partners, C2 Investment, Cedar Capital Group, Coatue, Craft Ventures, Felicis Ventures, Forerunner Ventures, Founders Fund, FPV Fund, Goat Capital, Greenoaks Capital, Crystal Huang, Hanabi Capital, Kleiner Perkins, Matrix, Menlo Ventures, Outcast Ventures, Redpoint Ventures, Sequoia Capital, Spark Capital, Springdale Ventures, TMV, Verified Capital, Adam D'Angelo, Adam Marchick, Ameet Patel, Amit Agarwal, Bradley Horowitz, Charlie Cheever, Drew Houston, Greg Brockman, Mike Krieger, Scott Belsky, Tom Williams
May 1, 2025	Koala Health	$20.0M Series B	—	305 Ventures, Section 32, Valia Ventures, What If Ventures, Andy Coravos
Apr 1, 2025	Astronomer	$93.0M Series D	—	Bain Capital Ventures, Dig Ventures, Insight Partners, Lightspeed Venture Partners, Salesforce Ventures, SignalFire, Will Prendergast
Apr 1, 2025	SatLeo Labs	$3.0M Seed	—	Andreessen Horowitz, Andrew Wheeler, Merak Ventures, Multicoin Capital, Munich Re / HSB Ventures, Tiger Global Management, Trucks Venture Capital, David Lieb, Dmitry Dakhnovsky, Joi Ito, Marc Benioff
Apr 1, 2025	Steadily	$30.0M Series C	—	Founder Collective, Matrix, RET Ventures, Ribbit Capital, Touchdown Ventures, Two Sigma Ventures, Zigg Capital, Mike Bestvina, Shane Neman
Apr 1, 2025	EdgeRunner AI	$12.0M Series A	—	Alumni Ventures, Dig Ventures, Four Rivers Group, Independent, Index Ventures, Intel Capital, Madrona Ventures, Mango Capital, Motivate Ventures, Norwest Venture Partners, Outrun Ventures, Propeller VC, Saga, SOSV, Vitalize Venture Group, Augusto Marietti, Kevin Zuber, Rudra Peram, Scott Belsky
Mar 1, 2025	theion	$16.0M Series A	—	10x Group, 468 Capital, Matt Ocko, Zachary Bogue, Firstminute Capital, Insight Partners, La Famiglia, Team Global
Mar 1, 2025	Allen Control Systems	$30.0M Series A	—	Afore Capital, Alumni Ventures, Awesome Ventures, Craft Ventures, NFX, Y Combinator, Cullen McAlpine, Elia Montanari, Kulveer Taggar, Nate Matherson, Oleg Rogynskyy, Rob Meyerson, Todd Pedersen

Financial History

Total Raised

N/A

Valuation

N/A

Deep Dive

High-Level Overview

FirstMark Capital is an early-stage venture capital firm based in New York City that partners with exceptional entrepreneurs solving meaningful problems. Their mission centers on backing founders who are building transformative technology companies, primarily in sectors such as enterprise software, AI/machine learning, fintech, consumer marketplaces, and infrastructure. FirstMark invests mainly at the Seed and Series A stages, providing not only capital but also strategic guidance and access to a robust founder community and networks. The firm has a strong track record of supporting category-defining companies like Shopify, Pinterest, Airbnb, and DraftKings, contributing significantly to the growth and dynamism of the startup ecosystem, especially in New York City[1][2][4][5].

Origin Story

Founded in 2008 by Rick Heitzmann, who remains the Managing Partner, FirstMark Capital has evolved into a leading network-driven venture firm managing approximately $1.5 to $3.5 billion in assets as of 2025. Rick Heitzmann’s background spans distressed investing, operations, and growth capital, which informs the firm’s hands-on, founder-centric approach. Over time, FirstMark has sharpened its focus on early-stage investments in technology sectors poised for disruption, leveraging trends like cloud computing, open-source platforms, and AI. The firm’s evolution includes building a strong community platform with over 100 annual events, fostering connections among founders, operators, and investors[1][2][3].

Core Differentiators

Unique Investment Model: Concentrated, high-conviction portfolio with check sizes typically between $500,000 and $8 million focused on Seed and Series A rounds.
Network Strength: Robust founder community with extensive events and resources, facilitating peer learning and collaboration.
Track Record: Successful investments in breakout companies such as Shopify, Pinterest, Airbnb, Discord, Riot Games, and DraftKings.
Operating Support: Deep engagement with portfolio companies, offering strategic guidance, access to customers, talent, and market insights.
Geographical Focus: Strong presence in New York City with selective global reach, leveraging local ecosystem advantages[1][2][4][5].

Role in the Broader Tech Landscape

FirstMark Capital rides the wave of technological inflections including AI, cloud computing, and fintech innovation. The timing is favorable due to accelerating digital transformation across industries and the rise of New York City as a major tech hub rivaling Silicon Valley. Market forces such as increased startup formation, growing enterprise software demand, and AI adoption align with FirstMark’s sector focus. By fostering a connected founder community and backing contrarian, visionary entrepreneurs, FirstMark influences the broader ecosystem by shaping emerging market categories and supporting the growth of scalable technology platforms[1][2][5].

Quick Take & Future Outlook

Looking ahead, FirstMark is likely to deepen its investments in AI, data infrastructure, and fintech, continuing to back founders who challenge industry norms. Trends such as generative AI, decentralized finance, and enterprise SaaS expansion will shape their portfolio strategy. Their influence may grow as they further embed themselves in the New York tech ecosystem and expand their global reach selectively. FirstMark’s commitment to community-building and founder support positions them to remain a key player in early-stage venture capital, helping define the next generation of transformative technology companies[1][2][5].

Sources

High-Level Overview

Origin Story

Core Differentiators

Unique Investment Model: Concentrated, high-conviction portfolio with check sizes typically between $500,000 and $8 million focused on Seed and Series A rounds.
Network Strength: Robust founder community with extensive events and resources, facilitating peer learning and collaboration.
Track Record: Successful investments in breakout companies such as Shopify, Pinterest, Airbnb, Discord, Riot Games, and DraftKings.
Operating Support: Deep engagement with portfolio companies, offering strategic guidance, access to customers, talent, and market insights.
Geographical Focus: Strong presence in New York City with selective global reach, leveraging local ecosystem advantages[1][2][4][5].

FirstMark Capital

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