Loading organizations...

§ Venture Capital · San Diego, CA, USA
Provides revenue-based financing and alternative credit products for diverse, underrepresented small businesses
Founders First Capital Partners has raised $9.0M across 1 funding round.
Key people at Founders First Capital Partners.
Founders First Capital Partners was founded in 2015 by Kim Folsom (Founder and CEO).
Founders First Capital Partners has raised $9.0M in total across 1 funding round.
Founders First Capital Partners is a United States-based financial firm that provides revenue-based financing and alternative credit products to small businesses led by diverse and underrepresented entrepreneurs. The organization focuses on closing the funding gap for underinvested companies that are frequently excluded from traditional venture capital networks or conventional commercial debt markets. Through its revenue-based financing model, the firm issues loans that are repaid as a percentage of the borrower's ongoing revenue, generating fixed-income returns for its institutional investors. The firm's alternative credit approach has been analyzed in a comprehensive case study by Harvard Business School, and its active portfolio includes scalable businesses such as OnShore Technology Group, led by Valarie King-Bailey. Having recently celebrated its 10-year anniversary of operations through a major capital activation event, the firm was founded by Kim T. Folsom.
Key people at Founders First Capital Partners.
Founders First Capital Partners was founded in 2015 by Kim Folsom (Founder and CEO).
Founders First Capital Partners has raised $9.0M in total across 1 funding round.
Founders First Capital Partners's investors include The Rockefeller Foundation, The Surdna Foundation, Lindmor Foundation, LivingCities, Spring Point Partners, The Impact Seat, The Kauffman Foundation.
Founders First Capital Partners has raised $9.0M across 1 funding round. Most recently, it raised $9.0M Series A in March 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 1, 2020 | Welcome Homes | $5.0M Seed | Donald Stalter | Builders VC, Foundamental, Jonathan Lonsdale, Lior Prosor, Qasar Younis, 8VC, Aavcf3, Adapt Ventures, Arkin Holdings, CrunchFund, Elefund, Fission Ventures, Gaingels, Kokopelli Capital, ONE WAY Ventures, Soma Capital, V1.VC |
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 12, 2021 | $9M Series A | The Rockefeller Foundation, The Surdna Foundation | Lindmor Foundation, Livingcities, Spring Point Partners, The Impact Seat, The Kauffman Foundation | Announced |