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

Chris Brown

Associate

Jeff Donnon

CFO

Molly Fowler

CEO

Amy Fu

VP, Investments

Todd Jackson

Partner

Josh Kopelman

Founder and Partner

Whitnie Narcisse

Operating Partner

Chris Fralic

Board Partner

Past deals in Hardware

K2 Space

Series B in 2025
K2 Space, founded in 2022 by Karan Kunjur and Neel Kunjur, is based in West Hollywood, California. The company develops aerospace hardware products with a focus on space architecture, particularly satellite buses that provide essential power and movement for spacecraft. By specializing in the latest generation of launch vehicles, K2 Space aims to facilitate access to the solar system for spacecraft manufacturers, enabling them to utilize new large rockets effectively.

K2 Space

Venture Round in 2023
K2 Space, founded in 2022 by Karan Kunjur and Neel Kunjur, is based in West Hollywood, California. The company develops aerospace hardware products with a focus on space architecture, particularly satellite buses that provide essential power and movement for spacecraft. By specializing in the latest generation of launch vehicles, K2 Space aims to facilitate access to the solar system for spacecraft manufacturers, enabling them to utilize new large rockets effectively.

Verkada

Series D in 2022
Verkada Inc. specializes in cloud-based physical security solutions, providing a comprehensive range of products designed to enhance safety and operational efficiency for various sectors, including healthcare, banking, education, retail, and government. Founded in 2016 and based in San Mateo, California, with an additional office in London, Verkada's offerings include video security cameras, access control systems, environmental sensors, alarms, workplace software, and intercoms. These products are integrated into a unified cloud-based platform, known as Command, which allows users to manage and access security footage, monitor real-time conditions, and address potential risks across multiple locations. By focusing on simplicity and scalability, Verkada aims to empower organizations to respond effectively to security challenges and workplace inefficiencies.

K2 Space

Seed Round in 2022
K2 Space, founded in 2022 by Karan Kunjur and Neel Kunjur, is based in West Hollywood, California. The company develops aerospace hardware products with a focus on space architecture, particularly satellite buses that provide essential power and movement for spacecraft. By specializing in the latest generation of launch vehicles, K2 Space aims to facilitate access to the solar system for spacecraft manufacturers, enabling them to utilize new large rockets effectively.

TetraScience

Series A in 2019
TetraScience, Inc. is a Boston-based company founded in 2014 that specializes in developing hardware and software solutions designed to enhance research experiments in life sciences. Its offerings include sensors for monitoring various environmental parameters, cameras for viewing experiments, electric switches, and adapters for connecting laboratory instruments. The company provides the Tetra R&D Data Cloud, which allows life sciences organizations to centralize, standardize, and access actionable scientific data, thereby facilitating improved research outcomes and accelerated drug discovery. TetraScience operates an open platform that integrates a wide array of lab instruments and informatics applications, promoting seamless interoperability and innovation within the sector. The company serves a diverse clientele, including scientists, engineers, and safety officers, and maintains a strategic partnership with Dotmatics Limited to further enhance its capabilities.

Verkada

Series B in 2019
Verkada Inc. specializes in cloud-based physical security solutions, providing a comprehensive range of products designed to enhance safety and operational efficiency for various sectors, including healthcare, banking, education, retail, and government. Founded in 2016 and based in San Mateo, California, with an additional office in London, Verkada's offerings include video security cameras, access control systems, environmental sensors, alarms, workplace software, and intercoms. These products are integrated into a unified cloud-based platform, known as Command, which allows users to manage and access security footage, monitor real-time conditions, and address potential risks across multiple locations. By focusing on simplicity and scalability, Verkada aims to empower organizations to respond effectively to security challenges and workplace inefficiencies.

Verkada

Series A in 2018
Verkada Inc. specializes in cloud-based physical security solutions, providing a comprehensive range of products designed to enhance safety and operational efficiency for various sectors, including healthcare, banking, education, retail, and government. Founded in 2016 and based in San Mateo, California, with an additional office in London, Verkada's offerings include video security cameras, access control systems, environmental sensors, alarms, workplace software, and intercoms. These products are integrated into a unified cloud-based platform, known as Command, which allows users to manage and access security footage, monitor real-time conditions, and address potential risks across multiple locations. By focusing on simplicity and scalability, Verkada aims to empower organizations to respond effectively to security challenges and workplace inefficiencies.

Verkada

Seed Round in 2017
Verkada Inc. specializes in cloud-based physical security solutions, providing a comprehensive range of products designed to enhance safety and operational efficiency for various sectors, including healthcare, banking, education, retail, and government. Founded in 2016 and based in San Mateo, California, with an additional office in London, Verkada's offerings include video security cameras, access control systems, environmental sensors, alarms, workplace software, and intercoms. These products are integrated into a unified cloud-based platform, known as Command, which allows users to manage and access security footage, monitor real-time conditions, and address potential risks across multiple locations. By focusing on simplicity and scalability, Verkada aims to empower organizations to respond effectively to security challenges and workplace inefficiencies.

Stockwell

Seed Round in 2017
At Stockwell, they’re combining the convenience of online ordering with the instant gratification of real world retail. We’re building hardware, software and supply chain operations to create delightful automated stores that are only a few feet away and always stocked with what you need.

Swift Navigation

Series B in 2017
Swift Navigation, Inc. is a technology company specializing in precise global positioning system (GPS) solutions, founded in 2012 and based in San Francisco, California, with an additional location in Melbourne, Australia. The company develops hardware and software that provide centimeter-level accuracy through real-time kinematics (RTK) technology. Its product lineup includes the Piksi Multi GNSS Module, a versatile RTK receiver, and the Duro Ruggedized Receiver, designed for various industrial applications such as agriculture and robotics. Additionally, Swift Navigation offers the Skylark cloud corrections service and the Starling GNSS positioning engine, which caters to automotive and autonomous vehicle needs. The company's innovative solutions, characterized by their affordability and high accuracy—100 times better than standard GPS—serve multiple industries, including unmanned aerial vehicles, surveying, and space applications. Swift Navigation's commitment to making advanced positioning technology accessible is recognized by notable accolades, including mentions in Inc. and Forbes 30 Under 30 lists.

June

Series A in 2016
June is a smart oven for your home that makes cooking perfectly easy. June’s mission is to use the power of technology to make cooking perfectly easy for everyone. we make kitchens feel like magic. We’re here to help the world look forward to cooking dinner again (and breakfast, lunch, snacks, and late-night leftovers too) because we love food. We live for it. So, we wake up every day on a mission to make life taste better. Our team of designers, hardware, and software engineers is committed to transforming the kitchen experience.

Swift Navigation

Series A in 2015
Swift Navigation, Inc. is a technology company specializing in precise global positioning system (GPS) solutions, founded in 2012 and based in San Francisco, California, with an additional location in Melbourne, Australia. The company develops hardware and software that provide centimeter-level accuracy through real-time kinematics (RTK) technology. Its product lineup includes the Piksi Multi GNSS Module, a versatile RTK receiver, and the Duro Ruggedized Receiver, designed for various industrial applications such as agriculture and robotics. Additionally, Swift Navigation offers the Skylark cloud corrections service and the Starling GNSS positioning engine, which caters to automotive and autonomous vehicle needs. The company's innovative solutions, characterized by their affordability and high accuracy—100 times better than standard GPS—serve multiple industries, including unmanned aerial vehicles, surveying, and space applications. Swift Navigation's commitment to making advanced positioning technology accessible is recognized by notable accolades, including mentions in Inc. and Forbes 30 Under 30 lists.

June

Series A in 2015
June is a smart oven for your home that makes cooking perfectly easy. June’s mission is to use the power of technology to make cooking perfectly easy for everyone. we make kitchens feel like magic. We’re here to help the world look forward to cooking dinner again (and breakfast, lunch, snacks, and late-night leftovers too) because we love food. We live for it. So, we wake up every day on a mission to make life taste better. Our team of designers, hardware, and software engineers is committed to transforming the kitchen experience.

TetraScience

Seed Round in 2015
TetraScience, Inc. is a Boston-based company founded in 2014 that specializes in developing hardware and software solutions designed to enhance research experiments in life sciences. Its offerings include sensors for monitoring various environmental parameters, cameras for viewing experiments, electric switches, and adapters for connecting laboratory instruments. The company provides the Tetra R&D Data Cloud, which allows life sciences organizations to centralize, standardize, and access actionable scientific data, thereby facilitating improved research outcomes and accelerated drug discovery. TetraScience operates an open platform that integrates a wide array of lab instruments and informatics applications, promoting seamless interoperability and innovation within the sector. The company serves a diverse clientele, including scientists, engineers, and safety officers, and maintains a strategic partnership with Dotmatics Limited to further enhance its capabilities.

New Matter

Series A in 2015
New Matter, Inc. is a manufacturer of 3D printers aimed at making 3D printing accessible and affordable for homes, schools, and offices. Founded in 2014 and based in Pasadena, California, the company is known for its flagship product, the MOD-t desktop 3D printer. New Matter focuses on providing a comprehensive consumer 3D printing experience by integrating its printers with an online store that offers a variety of 3D printable designs. This approach allows users of all skill levels to easily find, customize, and print a wide range of objects, thereby promoting the use of 3D printing technology across different environments.

Ringly

Series A in 2015
Ringly designs and develops wearable technology solutions that are compact in size, but powerful in functionality. It is our belief that technology can blend more seamlessly into our lives and provide frictionless interactions with our environment, our devices and our selves. We get excited about pushing boundaries and solving big problems that will make our world a more enjoyable place to live. In 2015, we began shipping our first product and became an industry leader in fashionable wearable technology. We’ve built a specialized and integrated team that controls every aspect of the business including design, brand, software, hardware and manufacturing.

Swift Navigation

Seed Round in 2014
Swift Navigation, Inc. is a technology company specializing in precise global positioning system (GPS) solutions, founded in 2012 and based in San Francisco, California, with an additional location in Melbourne, Australia. The company develops hardware and software that provide centimeter-level accuracy through real-time kinematics (RTK) technology. Its product lineup includes the Piksi Multi GNSS Module, a versatile RTK receiver, and the Duro Ruggedized Receiver, designed for various industrial applications such as agriculture and robotics. Additionally, Swift Navigation offers the Skylark cloud corrections service and the Starling GNSS positioning engine, which caters to automotive and autonomous vehicle needs. The company's innovative solutions, characterized by their affordability and high accuracy—100 times better than standard GPS—serve multiple industries, including unmanned aerial vehicles, surveying, and space applications. Swift Navigation's commitment to making advanced positioning technology accessible is recognized by notable accolades, including mentions in Inc. and Forbes 30 Under 30 lists.

Ringly

Seed Round in 2013
Ringly designs and develops wearable technology solutions that are compact in size, but powerful in functionality. It is our belief that technology can blend more seamlessly into our lives and provide frictionless interactions with our environment, our devices and our selves. We get excited about pushing boundaries and solving big problems that will make our world a more enjoyable place to live. In 2015, we began shipping our first product and became an industry leader in fashionable wearable technology. We’ve built a specialized and integrated team that controls every aspect of the business including design, brand, software, hardware and manufacturing.

NineSixFive

Series A in 2013
NineSixFive is building a new kind of portable audio speaker called TipTop. What’s unique about the device is its triangular shape, which is designed to fit into unexpected spaces–particularly the corner ceilings of rooms. Besides being placed in the top ceiling corner of a room, it can be used as a key holder or put on top of a bookshelf.

Grand St.

Seed Round in 2013
Grand St. hand pick, test, and highlight well-designed, delightful hardware from independent producers, featuring one new selection every other day. With stunning pictures and product stories created in-house by our discerning, device-obsessed team, they help you experience new technology that improves your life.

UGOBE

Series B in 2006
Ugobe is formerly the parent company UGOBE is behind Pleo, a lifelike Camarasaurus robot that displays distinct emotional and developmental behaviors. Pleos weigh about 3.5 pounds and measure 21 inches from head to tail, and retailed for $349. The Pleo is full of infrared and motion sensors that detect how the Pleo is being interacted with, and speakers to help the robot make its emotions known. After Ugobe filed for bankruptcy, [Jetta Company Limited](/organization/jetta-company-limited) relaunched PLEO as part of its [Innvo Labs](/organization/innvo-labs) subsidiary.

UGOBE

Series A in 2006
Ugobe is formerly the parent company UGOBE is behind Pleo, a lifelike Camarasaurus robot that displays distinct emotional and developmental behaviors. Pleos weigh about 3.5 pounds and measure 21 inches from head to tail, and retailed for $349. The Pleo is full of infrared and motion sensors that detect how the Pleo is being interacted with, and speakers to help the robot make its emotions known. After Ugobe filed for bankruptcy, [Jetta Company Limited](/organization/jetta-company-limited) relaunched PLEO as part of its [Innvo Labs](/organization/innvo-labs) subsidiary.
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