FirstMark Investor Profile
FirstMark is a Venture Capital based in New York, NY, USA.
FirstMark Capital is a venture capital firm based in New York City. FirstMark invests in early-stage technology companies, frequently as the first institutional investor. Notable investments include Airbnb, Pinterest, Shopify, DraftKings, Upwork, and InVision.Among the firm's areas of focus are Big Data, Artificial Intelligence, healthcare, enterprise applications, education, financial technology, e-commerce, direct-to-consumer, and marketing technology.
FirstMark was founded on June 30, 2008 by Mr. Lenihan, Jerry Poch, Amish Jani and Rick Heitzmann. The firm has raised 5 early-stage funds and 3 growth funds.
- The first fund, for $197M, was raised in 2008.
- The second fund, for $225M, was raised in 2011.
- The third fund, for $225M, was raised in 2013.
- The fourth fund, for $275M, was raised in 2016.
- The fifth fund, for $380M, was raised in 2020.
FirstMark has also raised three growth-stage funds.
- The first growth fund, for $150M, was raised in 2013.
- The second growth fund, for $205M, was raised in 2016.
- The third growth fund, for $270M, was raised in 2020.
FirstMark Capital was founded by Rick Heitzmann and Amish Jani in 2008. The firm now has five managing directors: Rick Heitzmann, Amish Jani, Matt Turck, Beth Ferreira and Adam Nelson. In addition to its investment team, the firm employs a Platform team focused on areas like corporate development, talent, content, and community who are responsible for supporting FirstMark companies after an investment. FirstMark also organizes four NYC-based communities revolving around Artificial Intelligence & Big Data, design and product management, emerging and frontier technology, and software development.
The firm's most notable investments include Pinterest, which debuted on New York Stock Exchange on April 18, 2019, as theyll as Shopify. Other current and historical investments include Riot Games, creator of League of Legends (acquired by Tencent Holdings), InVision, Discord, Airbnb, Upwork, TraceLink, Dataiku, Dashlane, Starry, and Ro among others. FirstMark focuses on Series A and Seed-stage investments, with capital reserved for follow-investments.
More information about FirstMark can be found on its web site
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