
FirstMark
Description
FirstMark Capital is a prominent New York City-based venture capital firm with a strong focus on early-stage investments, primarily seed and Series A rounds. The firm is renowned for its strategic partnerships with exceptional entrepreneurs who are building transformative technology companies across diverse sectors, including enterprise software, consumer internet, fintech, and digital media. FirstMark emphasizes a hands-on approach, providing not only capital but also strategic guidance and operational support to its portfolio companies.
FirstMark's investment philosophy centers on identifying high-growth potential businesses and supporting them through critical early development phases. Their impressive portfolio boasts a remarkable list of successful companies that have achieved significant scale and market impact, including Pinterest, Shopify, DraftKings, and Riot Games. These investments underscore FirstMark's ability to spot disruptive trends and back visionary founders. The firm often takes a lead or co-lead position in funding rounds, demonstrating a deep commitment to its portfolio companies.
With substantial capital under management, FirstMark has consistently raised significant funds to support its investment activities. For instance, their FirstMark Capital VIII fund closed in 2022 with $380 million, underscoring their capacity to deploy meaningful capital into promising startups. While their initial check sizes can vary depending on the stage and specific needs of the company, FirstMark typically writes first checks ranging from approximately $2 million for strong seed-stage opportunities up to $15 million for Series A rounds. This flexibility allows them to engage with companies at different points in their early growth trajectory.
Beyond capital, FirstMark is recognized for its robust platform that offers founders access to a vast network of industry experts, talent, and resources. They host various community events and provide operational support, aiming to accelerate the growth and success of their portfolio companies. This comprehensive support system, combined with their deep industry expertise, positions FirstMark as a valuable partner for early-stage entrepreneurs looking to scale their ventures.
Investor Profile
FirstMark has backed more than 384 startups, with 9 new investments in the last 12 months alone. The firm has led 145 rounds, about 38% of its total and boasts 58 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Seed rounds (top funding stages).
- Majority of deals are located in United States, France, United Kingdom.
- Strong thematic focus on Software, SaaS, Analytics.
- Led 3 rounds in the past year.
- Typical check size: $2M – $15M.
Stage Focus
- Series A (32%)
- Series B (19%)
- Seed (18%)
- Series C (12%)
- Series D (7%)
- Series Unknown (4%)
- Series E (3%)
- Series F (2%)
- Pre Seed (1%)
- Angel (1%)
Country Focus
- United States (89%)
- France (3%)
- United Kingdom (3%)
- Canada (2%)
- Brazil (1%)
- Germany (1%)
- Switzerland (1%)
Industry Focus
- Software
- Saas
- Analytics
- Artificial Intelligence (Ai)
- Internet
- Enterprise Software
- Information Technology
- E-commerce
- Health Care
- Mobile
Frequently Asked Questions
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