Founders First Capital Partners Holds Initial Close Of $9M Series A Financing

– Founders First Capital Partners is a revenue-based finance and advisory support investment platform for underserved small businesses.
– The company closed the initial close of its $9m Series A financing.
– The round was led by The Rockefeller Foundation and the Surdna Foundation with participation from Kauffman Foundation through the Capital Access Lab Fund at ImpactAssets, LivingCities Blended Catalyst Fund, Spring Point Partners, The Impact Seat and Lindmor Foundation.
– The company intends to use the funds to accelerate the deployment of its $100m credit facility from Community Investment Management to fund 400 companies and expand into new regions across the United States.