FirstMark - Unicorn Nest

FirstMark

Headquarters Location

United States, New York

About

FirstMark appeared to be the VC, which was created in 2008. The fund was located in North America if to be more exact in United States. The main department of described VC is located in the New York.

The standard case for the fund is to invest in rounds with 4-5 partakers. Despite the FirstMark, startups are often financed by Index Ventures, IA Ventures, Slow Ventures. The meaningful sponsors for the fund in investment in the same round are Upfront Ventures, SV Angel, Index Ventures. In the next rounds fund is usually obtained by Andreessen Horowitz, Tiger Global Management, Greycroft.

Among the most popular portfolio startups of the fund, we may highlight Airbnb, Pinterest, Discord. The fund has no exact preference in some founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little. Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Among the most popular fund investment industries, there are Internet, Health Care.

The current fund was established by Amish Jani, Lawrence Lenihan, Rick Heitzmann. Besides them, we counted 7 critical employees of this fund in our database.

Considering the real fund results, this VC is 17 percentage points more often commits exit comparing to other organizations. The usual things for fund are deals in the range of 10 - 50 millions dollars. The increased amount of exits for fund were in 2019. The fund is constantly included in 13-24 investment rounds annually. The high activity for fund was in 2014. This FirstMark works on 16 percentage points less the average amount of lead investments comparing to the other organizations. The average startup value when the investment from FirstMark is more than 1 billion dollars.

Year Founded

2008

Fund Activity

Operative

Mail Rule [rules by which you can get an email of an interesting for you fund employee, knowing only the name and surname of this employee]

Domain name: firstmarkcap.com; User name format in descending order of probability: first_initial last, first

Group Appearance [how often fund is operating separately from groups with shared interest]

97.8% of cases

Investments per Year [average amount of rounds in which fund participates each year]

13-24

Follow-on Index [how often fund is ready to support its portfolio startup at next rounds]

42.4% of cases

Average Multiplicator [the average ratio of the last valuation of portfolio startups to their total amount of financing raised]

x8.1

Average Portfolio Company
Exit Age [the average age of portfolio startups at which they go public or become acquired]

4.3 years

Decision Makers / Strategy
Similarity Index [see explanation at unicorn-nest.com/dataset-what-we-tweet-vs-what-we-invest]

0.13 out of 1

Success / Strategy Similarity
Index [the matching between fund's investment strategy and its proved successes in the form of portfolio startups high valuations]

0.4 out of 1

Number of Unicorns [amount of portfolio companies, which were valuated at more then $1B]

8

Number of Decacorns [amount of portfolio companies, which were valuated at more then $10B]

2

Number of Minotaurs [amount of portfolio companies, which raised more then $1B in total]

2

Funds Investing in Previous
Rounds

Index Ventures, IA Ventures, Slow Ventures

Funds Investing Together

Upfront Ventures, SV Angel, Index Ventures

Funds Investing in Following
Rounds

Andreessen Horowitz, Tiger Global Management, Greycroft

If you have found a spelling error or the data isn't actual, please, notify us by selecting that text and pressing Ctrl+Enter.

Fund reviews
  • No reviews are submitted yet.
Crunchbase icon

Content report

The following text will be sent to our editors: