First Round Capital

First Round Capital is a San Francisco-headquartered seed-stage venture capital firm that backs technology startups from pre-seed through Series A. Since its founding in 2004, it has sought to build a vibrant community of entrepreneurs and support portfolio companies beyond capital through a suite of services, custom software, and in-person programs. The firm invests nationally and maintains offices in San Francisco and New York, often taking an active role in its companies. Typical initial investments are around $500,000, and it targets opportunities across enterprise, fintech, healthcare, consumer, hardware, artificial intelligence, and web3 sectors. First Round emphasizes founder support and inclusive practices, including initiatives such as the Diversity Term Sheet Rider.

Meka Asonye

Partner

Hayley Barna

Partner

Brett Berson

VP, Platform

Jeffrey Donnon

CFO

Annie Duke

Special Partner

Past deals in GovTech

Prepared

Series B in 2024
Prepared develops an AI-powered platform that enhances emergency response by streamlining call-taking, dispatch, and quality assurance. The solution provides real-time access to video, GPS location, and texts from mobile 911 callers, along with automated language translation and real-time QA tools. These capabilities help public safety agencies reduce response times, improve dispatch efficiency, and better serve diverse communities. Prepared emphasizes people, mission, and values to maximize impact on public safety across communities.

Ownwell

Seed Round in 2022
Ownwell is an online platform that assists homeowners in managing and reducing the costs associated with property ownership, particularly focusing on property taxes. The company identifies property owners who may be overpaying in taxes and provides them with the necessary tools and resources to secure tax breaks. By combining technology with local expertise, Ownwell manages the entire process of tax appeals, exemptions, and corrections. This comprehensive service aims to ensure that homeowners receive a fair valuation for their properties, ultimately helping them save money on real estate expenses.

Prepared

Seed Round in 2022
Prepared develops an AI-powered platform that enhances emergency response by streamlining call-taking, dispatch, and quality assurance. The solution provides real-time access to video, GPS location, and texts from mobile 911 callers, along with automated language translation and real-time QA tools. These capabilities help public safety agencies reduce response times, improve dispatch efficiency, and better serve diverse communities. Prepared emphasizes people, mission, and values to maximize impact on public safety across communities.

Promise

Series B in 2022
Promise Network Inc. is an organization based in Oakland, California, founded in 2017, that aims to reduce recidivism and enhance community safety by providing alternatives to incarceration. Through its application platform, Promise offers a comprehensive suite of services for arrestees who cannot afford bail, including personalized care plans that incorporate court-mandated conditions and access to essential services such as drug treatment, housing assistance, and job training. The platform facilitates intake and assessment, ongoing support, and supervision, allowing for effective communication and coordination among care teams. By working with county governments, Promise helps manage the jail population and fosters better long-term outcomes for both individuals and communities by promoting rehabilitation over incarceration.

Promise

Series A in 2021
Promise Network Inc. is an organization based in Oakland, California, founded in 2017, that aims to reduce recidivism and enhance community safety by providing alternatives to incarceration. Through its application platform, Promise offers a comprehensive suite of services for arrestees who cannot afford bail, including personalized care plans that incorporate court-mandated conditions and access to essential services such as drug treatment, housing assistance, and job training. The platform facilitates intake and assessment, ongoing support, and supervision, allowing for effective communication and coordination among care teams. By working with county governments, Promise helps manage the jail population and fosters better long-term outcomes for both individuals and communities by promoting rehabilitation over incarceration.

Instrumental

Series B in 2020
Instrumental, Inc. specializes in developing software solutions that enhance the efficiency of assembly lines, enabling them to operate autonomously while adapting to various parts and processes. Founded by former Apple engineers Anna-Katrina Shedletsky and Samuel Weiss, the company aims to reduce costs associated with scrap and rework by allowing manufacturers to identify and resolve issues on their assembly lines. Instrumental's technology has been deployed in multiple global assembly lines at leading manufacturers, helping to prevent delays in development schedules and start production at higher yields. In addition to its software offerings, Instrumental also provides services related to high-performance computing, data storage, and business continuity, catering to both commercial and government sectors. The firm is headquartered in Saint Paul, Minnesota, and has been operational since 1991.

Promise

Seed Round in 2018
Promise Network Inc. is an organization based in Oakland, California, founded in 2017, that aims to reduce recidivism and enhance community safety by providing alternatives to incarceration. Through its application platform, Promise offers a comprehensive suite of services for arrestees who cannot afford bail, including personalized care plans that incorporate court-mandated conditions and access to essential services such as drug treatment, housing assistance, and job training. The platform facilitates intake and assessment, ongoing support, and supervision, allowing for effective communication and coordination among care teams. By working with county governments, Promise helps manage the jail population and fosters better long-term outcomes for both individuals and communities by promoting rehabilitation over incarceration.

Instrumental

Series A in 2017
Instrumental, Inc. specializes in developing software solutions that enhance the efficiency of assembly lines, enabling them to operate autonomously while adapting to various parts and processes. Founded by former Apple engineers Anna-Katrina Shedletsky and Samuel Weiss, the company aims to reduce costs associated with scrap and rework by allowing manufacturers to identify and resolve issues on their assembly lines. Instrumental's technology has been deployed in multiple global assembly lines at leading manufacturers, helping to prevent delays in development schedules and start production at higher yields. In addition to its software offerings, Instrumental also provides services related to high-performance computing, data storage, and business continuity, catering to both commercial and government sectors. The firm is headquartered in Saint Paul, Minnesota, and has been operational since 1991.

SchoolCare

Debt Financing in 2016
SchoolCare is a digital health platform that provides free health technology to K-12 public schools, enabling school nurses to deliver effective care and enhance student safety. The company aims to create a unified health record for every family by leveraging pediatric health data within the extensive K-12 school system, which serves as a vital public health infrastructure. SchoolCare's platform captures essential student medical information, including charts, medications, and immunizations, while facilitating communication between schools, families, and healthcare providers. By addressing gaps in traditional care coordination, SchoolCare ensures that crucial care instructions reach school nurses, thereby reducing the risk of inconsistent post-discharge care. Through its innovative approach, SchoolCare seeks to improve health outcomes for children and streamline public school health programs across the United States.

Instrumental

Seed Round in 2015
Instrumental, Inc. specializes in developing software solutions that enhance the efficiency of assembly lines, enabling them to operate autonomously while adapting to various parts and processes. Founded by former Apple engineers Anna-Katrina Shedletsky and Samuel Weiss, the company aims to reduce costs associated with scrap and rework by allowing manufacturers to identify and resolve issues on their assembly lines. Instrumental's technology has been deployed in multiple global assembly lines at leading manufacturers, helping to prevent delays in development schedules and start production at higher yields. In addition to its software offerings, Instrumental also provides services related to high-performance computing, data storage, and business continuity, catering to both commercial and government sectors. The firm is headquartered in Saint Paul, Minnesota, and has been operational since 1991.

SchoolCare

Seed Round in 2014
SchoolCare is a digital health platform that provides free health technology to K-12 public schools, enabling school nurses to deliver effective care and enhance student safety. The company aims to create a unified health record for every family by leveraging pediatric health data within the extensive K-12 school system, which serves as a vital public health infrastructure. SchoolCare's platform captures essential student medical information, including charts, medications, and immunizations, while facilitating communication between schools, families, and healthcare providers. By addressing gaps in traditional care coordination, SchoolCare ensures that crucial care instructions reach school nurses, thereby reducing the risk of inconsistent post-discharge care. Through its innovative approach, SchoolCare seeks to improve health outcomes for children and streamline public school health programs across the United States.

Planet

Series B in 2013
Planet Labs, Inc. is a San Francisco-based company specializing in Earth imaging and analytics. Founded by former NASA employees in 2010, Planet operates the largest fleet of compact, high-capability satellites designed to image the entire planet daily. This extensive satellite coverage provides customers with unprecedented access to geospatial insights, enabling them to make informed decisions based on real-time data. Planet's offerings include a diverse range of satellite imagery and analytical solutions, all accessible through an online platform equipped with tools for data analysis. With additional offices in Germany and Canada, the company serves a global network of customers and partners across more than 100 countries, delivering market-leading geospatial imagery for businesses, governments, researchers, and journalists. Planet's mission is to make visible and actionable the changes occurring on Earth, providing crucial information to understand the physical world.

Planet

Series A in 2013
Planet Labs, Inc. is a San Francisco-based company specializing in Earth imaging and analytics. Founded by former NASA employees in 2010, Planet operates the largest fleet of compact, high-capability satellites designed to image the entire planet daily. This extensive satellite coverage provides customers with unprecedented access to geospatial insights, enabling them to make informed decisions based on real-time data. Planet's offerings include a diverse range of satellite imagery and analytical solutions, all accessible through an online platform equipped with tools for data analysis. With additional offices in Germany and Canada, the company serves a global network of customers and partners across more than 100 countries, delivering market-leading geospatial imagery for businesses, governments, researchers, and journalists. Planet's mission is to make visible and actionable the changes occurring on Earth, providing crucial information to understand the physical world.

PublicStuff

Seed Round in 2011
PublicStuff LLC is a technology company that operates a civic engagement platform designed to enhance communication between residents and local governments. Founded in 2009 and based in New York, the company provides a mobile application that allows residents to report community issues, comment on these reports, and receive important city alerts related to events, weather emergencies, and service schedules. Through its platform, users can access various city services, including bill payments and pet adoption information. PublicStuff also enables government agencies to efficiently manage service requests by automatically routing and assigning tasks, while keeping residents informed of their status. This innovative approach aims to improve community engagement and streamline local government operations, ultimately fostering better relationships between citizens and their municipalities. As of May 2015, PublicStuff operates as a subsidiary of Accela, Inc.

SchoolCare

Seed Round in 2011
SchoolCare is a digital health platform that provides free health technology to K-12 public schools, enabling school nurses to deliver effective care and enhance student safety. The company aims to create a unified health record for every family by leveraging pediatric health data within the extensive K-12 school system, which serves as a vital public health infrastructure. SchoolCare's platform captures essential student medical information, including charts, medications, and immunizations, while facilitating communication between schools, families, and healthcare providers. By addressing gaps in traditional care coordination, SchoolCare ensures that crucial care instructions reach school nurses, thereby reducing the risk of inconsistent post-discharge care. Through its innovative approach, SchoolCare seeks to improve health outcomes for children and streamline public school health programs across the United States.

Prepared

Prepared develops an AI-powered platform that enhances emergency response by streamlining call-taking, dispatch, and quality assurance. The solution provides real-time access to video, GPS location, and texts from mobile 911 callers, along with automated language translation and real-time QA tools. These capabilities help public safety agencies reduce response times, improve dispatch efficiency, and better serve diverse communities. Prepared emphasizes people, mission, and values to maximize impact on public safety across communities.
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