First Round Capital

First Round Capital is a U.S.-based venture capital firm that specializes in seed-stage funding for technology startups. Founded in 2004 by Josh Kopelman and Howard Morgan, the firm has offices in San Francisco, Philadelphia, New York, and Boston. It focuses on supporting companies during their critical first 18 to 24 months of growth. The firm provides seed-stage investments, typically in startups with pre-money valuations between $3 million and $5 million. Beyond financial support, First Round Capital emphasizes hands-on involvement, offering operational assistance in areas like go-to-market strategy and recruiting. They also host "Office Hours" for quick pitch sessions with entrepreneurs. Additionally, First Round Capital operates specialized funds, including the Dorm Room Fund for student-run startups and the Graduate Fund for recent graduates, reinforcing its commitment to early-stage, founder-driven ventures.