First Round Capital

First Round Capital is a venture capital firm based in San Francisco, California, founded in 2004. Specializing in seed-stage investments, it focuses on early-stage technology companies across various sectors, including enterprise, fintech, healthcare, consumer, hardware, artificial intelligence, and web3. First Round Capital aims to support entrepreneurs by providing not only capital but also a range of tailored services and resources designed to foster growth. The firm typically invests around $500,000 as initial funding, often serving as a company’s first outside capital. It actively engages with portfolio companies to enhance their development. With a commitment to community, First Round Capital has established a network that has collectively raised over $2.5 billion in follow-on capital, demonstrating a strong track record of facilitating growth among its investments.

Meka Asonye

Partner

Brett Berson

Partner

Jeff Donnon

CFO

Molly Fowler

CEO

Chris Fralic

Board Partner

Amy Fu

Vice President of Investments

Todd Jackson

Partner

Josh Kopelman

Founder and Partner

Whitnie Narcisse

Operating Partner

James Wu

Infrastructure and AI / ML Investor

Past deals in Developer Tools

Crossmint

Venture Round in 2025
Crossmint is the leading enterprise-grade developer platform to build onchain. Crossmint's suite of products includes wallets, tokenization, payments, and more; and powers 40,000+ companies and developers, including Fortune 500 companies and major brands like Mastercard, Adidas, Red Bull, Coinbase, Phantom, and more.

fal

Series B in 2025
Generative Media Platform for Developers

fal

Venture Round in 2024
Generative Media Platform for Developers

Unblocked

Seed Round in 2023
Trained on the systems developers use in their day-to-day workflow, Unblocked provides developers helpful answers to their questions about the codebase. Unblocked eliminates the time developers waste as they deal with interruptions, search for documents, and mine for answers.

Dynamic Labs

Seed Round in 2022
Dynamic Labs is a developer of a wallet-based authentication and authorization platform that facilitates the adoption of non-fungible token wallets. The platform enables developers to implement wallet-based login, onboarding, and authentication processes, while also allowing for the addition and removal of blockchain networks. It provides tools for information collection and the structuring of access lists and gates, empowering developers to create customized authentication and user management solutions for their clients. By focusing on multi-chain capabilities, Dynamic Labs aims to streamline and enhance the user experience in digital identity management.

Waldo

Series A in 2022
Waldo is a developer of mobile application testing software designed to simplify the testing process for iOS and Android applications. The company's platform allows mobile application teams to create, test, and visualize user flows in a single tool, facilitating the delivery of a consistent and high-quality user experience. By recording tests and replaying them against new application versions, Waldo helps developers identify and resolve issues efficiently, ultimately enabling faster product releases with fewer bugs. Headquartered in Brooklyn, New York, Waldo also has a development office in Paris, France.

Coherence

Seed Round in 2021
Coherence is a software development company founded in 2021 and based in New York, United States. The company focuses on creating a cloud deployment platform that streamlines the development process for software teams. By offering an integrated toolkit, Coherence automates the development, deployment, and management of container-based full-stack web applications. This platform enhances developer efficiency by providing a single interface for writing, testing, reviewing, and deploying code, thereby reducing the time spent navigating multiple interfaces for logs and metrics. Coherence aims to eliminate friction in the transition from development to production, ultimately empowering software teams to work more effectively.

Coherence

Venture Round in 2021
Coherence is a software development company founded in 2021 and based in New York, United States. The company focuses on creating a cloud deployment platform that streamlines the development process for software teams. By offering an integrated toolkit, Coherence automates the development, deployment, and management of container-based full-stack web applications. This platform enhances developer efficiency by providing a single interface for writing, testing, reviewing, and deploying code, thereby reducing the time spent navigating multiple interfaces for logs and metrics. Coherence aims to eliminate friction in the transition from development to production, ultimately empowering software teams to work more effectively.

Anomalo

Series A in 2021
Anomalo is a developer of an artificial intelligence-based data validation tool that helps organizations continuously inspect and validate the data entering their warehouses. The company’s solution automatically detects and explains issues in enterprise data, facilitating a seamless connection to data warehouses. By employing automated machine learning technology, Anomalo enables companies to validate and document their data with minimal configuration, eliminating the need for users to write any code. This approach streamlines the data validation process, enhancing data integrity and reliability for enterprises.

Anomalo

Seed Round in 2020
Anomalo is a developer of an artificial intelligence-based data validation tool that helps organizations continuously inspect and validate the data entering their warehouses. The company’s solution automatically detects and explains issues in enterprise data, facilitating a seamless connection to data warehouses. By employing automated machine learning technology, Anomalo enables companies to validate and document their data with minimal configuration, eliminating the need for users to write any code. This approach streamlines the data validation process, enhancing data integrity and reliability for enterprises.

Troops

Series B in 2019
Troops.ai is a revenue communications platform that enhances sales velocity, visibility, and collaboration for sales teams. It operates as a Slackbot, providing real-time transparency into Salesforce information. Users can configure Salesforce reports, communicate deal wins, and access both standard and custom Salesforce data through Slack. The platform leverages artificial intelligence to generate customizable notifications and facilitate data updates across various applications. By delivering actionable pipeline alerts, Troops.ai aims to increase sales activity and improve overall performance. The company has attracted investments from notable firms, including First Round Capital, Founder Collective, and others, reflecting its significant potential in the sales technology market.

Gauntlet

Seed Round in 2018
Gauntlet is a developer of a financial modeling and simulation platform aimed at enhancing the safety and efficiency of blockchain protocols and smart contracts. The company's platform utilizes agent-based simulation to analyze and optimize key parameters of various protocols, which helps improve capital efficiency, fees, risk management, and incentive structures. By modeling market risk and economic incentives, Gauntlet enables clients to maximize their returns while minimizing potential risks. Its applied research and optimization teams focus on driving sustainable growth for leading crypto protocols, chains, and on-chain treasuries, ultimately enhancing financial performance for businesses in the blockchain ecosystem.

Troops

Series A in 2016
Troops.ai is a revenue communications platform that enhances sales velocity, visibility, and collaboration for sales teams. It operates as a Slackbot, providing real-time transparency into Salesforce information. Users can configure Salesforce reports, communicate deal wins, and access both standard and custom Salesforce data through Slack. The platform leverages artificial intelligence to generate customizable notifications and facilitate data updates across various applications. By delivering actionable pipeline alerts, Troops.ai aims to increase sales activity and improve overall performance. The company has attracted investments from notable firms, including First Round Capital, Founder Collective, and others, reflecting its significant potential in the sales technology market.

Buddybuild

Series A in 2016
Buddybuild offers a mobile iteration platform designed to streamline the processes of continuous integration and continuous delivery for iOS developers. By providing tools that automate testing and feedback, Buddybuild enables developers to quickly set up and manage their mobile applications. Each code change triggers an automatic build and testing process, allowing for efficient identification and resolution of issues. Testers can easily send feedback along with diagnostic details using a simple screenshot, which helps developers address concerns promptly. This integrated approach eliminates the need for managing multiple, disparate systems, allowing developers to concentrate on creating high-quality applications.

Buddybuild

Seed Round in 2016
Buddybuild offers a mobile iteration platform designed to streamline the processes of continuous integration and continuous delivery for iOS developers. By providing tools that automate testing and feedback, Buddybuild enables developers to quickly set up and manage their mobile applications. Each code change triggers an automatic build and testing process, allowing for efficient identification and resolution of issues. Testers can easily send feedback along with diagnostic details using a simple screenshot, which helps developers address concerns promptly. This integrated approach eliminates the need for managing multiple, disparate systems, allowing developers to concentrate on creating high-quality applications.

Pantheon Systems Platform

Series B in 2014
Pantheon Systems, Inc. is a San Francisco-based company that offers a web management platform designed for agile marketers and developers to create, launch, and manage websites built on WordPress and Drupal. Founded in 2010, Pantheon provides cloud-based web development tools and hosting services that facilitate efficient website operations across various industries, including media, technology, higher education, nonprofit, government, healthcare, financial services, food and beverage, manufacturing, and travel. By streamlining the website development process, Pantheon enables users to innovate more rapidly and achieve their business objectives effectively.

Clipboard

Seed Round in 2011
Clipboard was founded by Gary William Flake in January 2011 with the simple goal of helping people save and share the parts of the Web that they care about. Since the Internet is more than two decades old, doesn't it seem strange that the typical way to save something online is to put it into an email or a document? We think so too, which is why we built an easy and powerful tool to help you. All of this may sound simple, but we think it's actually quite significant. We believe that someday soon everyone will be saving and organizing their online life in a way that is easy, fun and reflective of themselves. It is a world where everyone is highly engaged and active in saving their life experiences online. We are here for you and we are in this for the long haul. Our mission is to help you organize your online life. Please read more about us and our values at https://clipboard.com/about Stats on Clipboard: In close to 2 years before Clipboard was acquired in May 2013 140,000 people created 3 million clips.

OneTrueFan

Seed Round in 2010
OneTrueFan is an online service designed for web publishers that allows users to track who else has viewed and shared the content they engage with. The platform incentivizes user participation by awarding points for activities such as visiting regularly, reading new articles, and sharing links, while users can compete to become the most engaged fan of a particular site. Additionally, players can earn badges for achieving specific milestones within the platform. OneTrueFan addresses the challenge of low visitor retention by fostering deeper engagement among regular readers, who are identified as those visiting at least once a week and significantly contributing to a site's value through comments and shares. The service offers both a website widget and a browser plugin, and it plans to introduce a dashboard for web publishers to analyze reader behavior comprehensively. Furthermore, OneTrueFan aims to create a marketplace that connects virtual currency providers with passionate readers, thereby enhancing the incentive structure for engagement within larger web platforms and media companies.

Pantheon Systems Platform

Seed Round in 2010
Pantheon Systems, Inc. is a San Francisco-based company that offers a web management platform designed for agile marketers and developers to create, launch, and manage websites built on WordPress and Drupal. Founded in 2010, Pantheon provides cloud-based web development tools and hosting services that facilitate efficient website operations across various industries, including media, technology, higher education, nonprofit, government, healthcare, financial services, food and beverage, manufacturing, and travel. By streamlining the website development process, Pantheon enables users to innovate more rapidly and achieve their business objectives effectively.

Krugle

Series B in 2006
Krugle operates a search engine tailored for developers, focusing on open source projects. It enables programmers to efficiently search through open source repositories to locate specific code and share it with others. Additionally, Krugle offers collaboration tools that facilitate interaction among developers, allowing them to work together on source code.

Krugle

Series A in 2005
Krugle operates a search engine tailored for developers, focusing on open source projects. It enables programmers to efficiently search through open source repositories to locate specific code and share it with others. Additionally, Krugle offers collaboration tools that facilitate interaction among developers, allowing them to work together on source code.

Gauntlet

Gauntlet is a developer of a financial modeling and simulation platform aimed at enhancing the safety and efficiency of blockchain protocols and smart contracts. The company's platform utilizes agent-based simulation to analyze and optimize key parameters of various protocols, which helps improve capital efficiency, fees, risk management, and incentive structures. By modeling market risk and economic incentives, Gauntlet enables clients to maximize their returns while minimizing potential risks. Its applied research and optimization teams focus on driving sustainable growth for leading crypto protocols, chains, and on-chain treasuries, ultimately enhancing financial performance for businesses in the blockchain ecosystem.

Unblocked

Trained on the systems developers use in their day-to-day workflow, Unblocked provides developers helpful answers to their questions about the codebase. Unblocked eliminates the time developers waste as they deal with interruptions, search for documents, and mine for answers.
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