First Round Capital

First Round Capital, established in 2004, is a San Francisco-based venture capital firm specializing in seed-stage investments. It focuses on building a robust community of technology entrepreneurs and companies, providing custom software solutions, in-person experiences, and unique services to help early-stage companies grow. First Round Capital has invested in notable startups like Uber, Square, and Warby Parker, and has adopted the Diversity Term Sheet Rider to promote diversity in its portfolio. The firm invests nationally, with additional offices in San Francisco and New York, typically providing around $500,000 in the initial investment. It actively supports its portfolio companies and has facilitated a VC-sponsored exchange fund for qualified entrepreneurs. To date, members of the First Round Capital community have raised over $2.5 billion in follow-on capital.

Meka Asonye

Partner

Brett Berson

Partner

Jeffrey Donnon

CFO

Amy Fu

Vice President of Investments

Todd Jackson

Partner

Whitnie Narcisse

Operating Partner

Cory Perkins

Partner Operations Manager

Bill Trenchard

Partner

Liz Wessel

Partner

James Wu

Infrastructure and AI / ML Investor

Past deals in Pennsylvania

Vitable Health

Series A in 2024
Vitable Health, established in 2019 and headquartered in Woodlyn, Pennsylvania, specializes in providing affordable and accessible health coverage. Their membership-based model offers a comprehensive range of services, including virtual and in-home medical consultations, mental health support, and free prescriptions. This integrated approach to primary and urgent care aims to empower employers to enhance their healthcare offerings while reducing costs and improving employee satisfaction.

Vitable Health

Seed Round in 2021
Vitable Health, established in 2019 and headquartered in Woodlyn, Pennsylvania, specializes in providing affordable and accessible health coverage. Their membership-based model offers a comprehensive range of services, including virtual and in-home medical consultations, mental health support, and free prescriptions. This integrated approach to primary and urgent care aims to empower employers to enhance their healthcare offerings while reducing costs and improving employee satisfaction.

Crossbeam

Series C in 2021
Crossbeam, Inc. is a Philadelphia-based company that offers a software-as-a-service (SaaS) platform designed to facilitate collaborative data sharing among businesses. Founded in 2018, Crossbeam enables companies to identify overlapping customers and prospects with their partners, thereby enhancing partnership opportunities. The platform provides businesses with tools to connect data, create targeted populations, and analyze shared customer insights effectively. With its focus on ecosystem-led growth, Crossbeam serves over 19,000 companies, helping them attract, convert, and nurture customer relationships through their partner networks. The platform also ensures that data remains current and secure, allowing companies to close deals, improve product offerings, and assess their performance comprehensively.

Crossbeam

Series A in 2019
Crossbeam, Inc. is a Philadelphia-based company that offers a software-as-a-service (SaaS) platform designed to facilitate collaborative data sharing among businesses. Founded in 2018, Crossbeam enables companies to identify overlapping customers and prospects with their partners, thereby enhancing partnership opportunities. The platform provides businesses with tools to connect data, create targeted populations, and analyze shared customer insights effectively. With its focus on ecosystem-led growth, Crossbeam serves over 19,000 companies, helping them attract, convert, and nurture customer relationships through their partner networks. The platform also ensures that data remains current and secure, allowing companies to close deals, improve product offerings, and assess their performance comprehensively.

Crossbeam

Seed Round in 2018
Crossbeam, Inc. is a Philadelphia-based company that offers a software-as-a-service (SaaS) platform designed to facilitate collaborative data sharing among businesses. Founded in 2018, Crossbeam enables companies to identify overlapping customers and prospects with their partners, thereby enhancing partnership opportunities. The platform provides businesses with tools to connect data, create targeted populations, and analyze shared customer insights effectively. With its focus on ecosystem-led growth, Crossbeam serves over 19,000 companies, helping them attract, convert, and nurture customer relationships through their partner networks. The platform also ensures that data remains current and secure, allowing companies to close deals, improve product offerings, and assess their performance comprehensively.

Amino Payments

Seed Round in 2018
Amino Payments, Inc. is a technology company specializing in the digital advertising industry by utilizing blockchain technology to enhance transparency and efficiency. Founded in 2017 and headquartered in Philadelphia, Pennsylvania, the company offers solutions like Amino Lens and Amino Pay. Amino Lens validates entities across the media supply chain and meticulously tracks advertisements, impressions, and expenditures, while Amino Pay empowers marketers to maintain control over the supply chain and enforce vendor agreements through smart contracts. By addressing issues such as fraud, waste, and abuse, Amino Payments aims to streamline the online advertising landscape, benefiting brands, agencies, publishers, and adtech companies alike.

Amino Payments

Seed Round in 2017
Amino Payments, Inc. is a technology company specializing in the digital advertising industry by utilizing blockchain technology to enhance transparency and efficiency. Founded in 2017 and headquartered in Philadelphia, Pennsylvania, the company offers solutions like Amino Lens and Amino Pay. Amino Lens validates entities across the media supply chain and meticulously tracks advertisements, impressions, and expenditures, while Amino Pay empowers marketers to maintain control over the supply chain and enforce vendor agreements through smart contracts. By addressing issues such as fraud, waste, and abuse, Amino Payments aims to streamline the online advertising landscape, benefiting brands, agencies, publishers, and adtech companies alike.

Relay Network

Series B in 2016
Relay Network, LLC is a technology company headquartered in Radnor, Pennsylvania, specializing in customer engagement through a private messaging application. Founded in 2009, Relay Network enables businesses to send proactive and personalized communications to their customers, enhancing the way companies interact with their clientele. The platform supports various industries, including healthcare, financial services, insurance, cable, energy, travel, and hospitality, by allowing customers to opt-in for messages from their service providers. The company's innovative approach empowers businesses to design and automate customer engagement, helping them scale their support efforts and meet the growing demand for personalized service.

Zodiac

Seed Round in 2016
Zodiac Inc. is a predictive analytics company that specializes in forecasting individualized customer lifetime value using real-time sales data. Founded in 2015 and headquartered in Philadelphia, Pennsylvania, Zodiac provides a cloud-based analytics platform that enables businesses to make informed marketing decisions based on accurate predictions of future sales volumes and customer behavior. By employing advanced data models and behavioral analysis, the company helps organizations optimize their marketing campaigns, enhance sales forecasting, and focus resources on acquiring and retaining high-value customers. Initially known as CLVMetrics, Inc., Zodiac operates as a subsidiary of NIKE, Inc. as of March 2018.

Circulate

Venture Round in 2015
Circulate, Inc. is a Philadelphia-based company that specializes in developing a data supply side platform (DSSP) tailored for the data, advertising, technology, and publishing industries. The company focuses on assisting publishers, networks, and SDK providers in optimizing their first-party data monetization strategies through a seamless integration process that prioritizes user privacy. Circulate enhances targeting and media attribution capabilities by enabling partners to leverage match Data as a Service. This empowers marketers and their agencies to deliver a cohesive consumer experience, effectively attribute marketing success, prioritize investments, expand their reach, and personalize content for their audiences. As of November 2016, Circulate operates as a subsidiary of LiveRamp, Inc.

Relay Network

Series A in 2014
Relay Network, LLC is a technology company headquartered in Radnor, Pennsylvania, specializing in customer engagement through a private messaging application. Founded in 2009, Relay Network enables businesses to send proactive and personalized communications to their customers, enhancing the way companies interact with their clientele. The platform supports various industries, including healthcare, financial services, insurance, cable, energy, travel, and hospitality, by allowing customers to opt-in for messages from their service providers. The company's innovative approach empowers businesses to design and automate customer engagement, helping them scale their support efforts and meet the growing demand for personalized service.

Monetate

Series C in 2013
Monetate, Inc. is a technology company that develops a cloud-based personalization software solution designed to enhance customer experiences through data-driven insights. Founded in 2008 and headquartered in Conshohocken, Pennsylvania, Monetate offers a comprehensive suite of capabilities, including testing and optimization, segmentation and targeting, 1-to-1 personalization, recommendations, and customer data management. The platform enables brands and retailers to deliver tailored experiences across multiple touchpoints, thereby increasing engagement and performance. Monetate has expanded its functionality by integrating features from Certona, creating a robust personalization tool that serves clients globally, including notable companies like Reebok, Office Depot, and Lufthansa Group. The company also maintains strategic partnerships, further enhancing its offerings in the personalization landscape.

New Ocean Health Solutions

Series A in 2013
New Ocean Health Solutions is a software design and development company that specializes in enterprise health management. Founded in 2013 and headquartered in Conshohocken, Pennsylvania, with operations in Greenville, South Carolina, the company provides an innovative platform called Bridge. This platform integrates and optimizes health and well-being programs, effectively connecting various components of the healthcare system. Additionally, New Ocean Health Solutions offers personalized, rewards-based programs aimed at helping members and employees achieve their health goals, which range from enhancing overall well-being to managing chronic conditions. The company was previously known as Care Cam Innovations, LLC.

Relay Network

Series A in 2011
Relay Network, LLC is a technology company headquartered in Radnor, Pennsylvania, specializing in customer engagement through a private messaging application. Founded in 2009, Relay Network enables businesses to send proactive and personalized communications to their customers, enhancing the way companies interact with their clientele. The platform supports various industries, including healthcare, financial services, insurance, cable, energy, travel, and hospitality, by allowing customers to opt-in for messages from their service providers. The company's innovative approach empowers businesses to design and automate customer engagement, helping them scale their support efforts and meet the growing demand for personalized service.

Monetate

Series A in 2010
Monetate, Inc. is a technology company that develops a cloud-based personalization software solution designed to enhance customer experiences through data-driven insights. Founded in 2008 and headquartered in Conshohocken, Pennsylvania, Monetate offers a comprehensive suite of capabilities, including testing and optimization, segmentation and targeting, 1-to-1 personalization, recommendations, and customer data management. The platform enables brands and retailers to deliver tailored experiences across multiple touchpoints, thereby increasing engagement and performance. Monetate has expanded its functionality by integrating features from Certona, creating a robust personalization tool that serves clients globally, including notable companies like Reebok, Office Depot, and Lufthansa Group. The company also maintains strategic partnerships, further enhancing its offerings in the personalization landscape.

Monetate

Seed Round in 2008
Monetate, Inc. is a technology company that develops a cloud-based personalization software solution designed to enhance customer experiences through data-driven insights. Founded in 2008 and headquartered in Conshohocken, Pennsylvania, Monetate offers a comprehensive suite of capabilities, including testing and optimization, segmentation and targeting, 1-to-1 personalization, recommendations, and customer data management. The platform enables brands and retailers to deliver tailored experiences across multiple touchpoints, thereby increasing engagement and performance. Monetate has expanded its functionality by integrating features from Certona, creating a robust personalization tool that serves clients globally, including notable companies like Reebok, Office Depot, and Lufthansa Group. The company also maintains strategic partnerships, further enhancing its offerings in the personalization landscape.
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