About FirstMark
FirstMark is a venture capital firm founded in 1987. It is primarily based out of New York City, United States. As of Sep 2026, FirstMark is an active investor, having invested in 230 companies, with 12 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Seed round of Liquid Compute Overall, FirstMark portfolio has seen 19 unicorns, 9 IPOs and 73 acquisitions including key companies like Shopify, DraftKings and Carta. A lot of funds co-invest with FirstMark, with names like First Round Capital sharing a substantial percentage of its portfolio. FirstMark has team of 25 people including 10 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 5 more
Portfolio IPOs
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
FirstMark's List of Top Investments
FirstMark has a portfolio of 230 companies, including 19 unicorns. Their most notable investments are in Optimus Ride and Vendelux.Their portfolio spans across United States, France, United Kingdom and 10 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 29 other sectors, across stages such as Series A, Seed and 5 more. Here is the list of top investments by FirstMark:
1. Shopify
Provider of an all-in-one commerce platform for businesses of all sizes. The platform enables merchants to start, grow, market, and manage their retail operations. It offers tools to build brands, create websites, and customize online stores. The platform also provides solutions for selling products online, in person, and across various channels. It facilitates payment acceptance, marketing, customer management, and business analytics.
Key facts about Shopify
- Founded Year: 2006
- Location: Ottawa (Canada)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $122M
- Employee Count: 28,530 as on May 31, 2026
- Investors: Georgian, Ringway Capital and 19 Others
- Latest Funding Round: Series C, Dec 11, 2013, $*****
- Highlight: Public
2. DraftKings
Platform providing online solutions for fantasy sports and sports betting. It is a leading online platform offering daily fantasy sports and sportsbook services including real money betting and fantasy sports contests. They operate a user friendly website and mobile app providing a range of sports and entertainment options for enthusiasts.
Key facts about DraftKings
- Founded Year: 2012
- Location: Boston (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $719M
- Employee Count: 5,691 as on May 31, 2026
- Investors: Atlas Venture, Schechter and 49 Others
- Latest Funding Round: Post IPO, Sep 02, 2020, $*****
- Highlight: Public
3. Carta
Software-based equity management solutions. It offers features solutions for valuation, equity planning, transfer agents, electronic securities, scenario modeling, fund administration, portfolio data collection, and more. It offers solutions to multiple sectors including private companies, investors, and public companies. It also offers ESOP management solutions.
Key facts about Carta
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $1.16B
- Employee Count: 5,586 as on Aug 31, 2026
- Investors: Meritech, Silver Lake and 140 Others
- Latest Funding Round: Series G, Aug 13, 2021, $*****
- Highlight: Editors' Pick
4. Upwork
Provider of freelance marketplace connecting businesses with independent talents. It offers an AI powered suggestions, screening questions, and boosted proposals for visibility, built-in tool with screenshots and activity logs for hourly work transparency . It provides in-app messaging, file sharing, video calls, and mobile apps for iOS and Android.
Key facts about Upwork
- Founded Year: 1999
- Location: San Francisco (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $74M
- Employee Count: 179,375 as on Aug 31, 2026
- Investors: Section Partners, T. Rowe Price and 24 Others
- Latest Funding Round: Post IPO, Aug 10, 2021, $*****
- Highlight: Public
5. Pinterest
Visual discovery and planning website. It provides a platform for users to discover and save ideas, products, and services across various categories, including fashion, home decor, and lifestyle. The company offers a range of features and tools for both individual and business users, including advertising solutions, analytics, and content sharing capabilities.
Key facts about Pinterest
- Founded Year: 2010
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $1.47B
- Employee Count: 14,077 as on Aug 31, 2026
- Investors: TrueBridge, Section Partners and 89 Others
- Latest Funding Round: Post IPO, Mar 03, 2026, $*****
- Highlight: Public
FirstMark's Year-on-Year Investment Trends
FirstMark has invested in 230 companies over the last 24 years, with an average of 10 new investments annually in the last 10 years. In 2025, it made 15 investments, while as of Sep 2026, it has made 16 investments in this year. Its most recent first time investment was in Liquid Compute and most recent follow-on round was in Vendelux.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 11 | 5 | 16 |
2025 | 6 | 9 | 15 |
2024 | 9 | 7 | 16 |
2023 | 8 | 9 | 17 |
2022 | 11 | 11 | 22 |
2021 | 9 | 20 | 29 |
2020 | 9 | 20 | 29 |
2019 | 6 | 16 | 22 |
2018 | 15 | 7 | 22 |
2017 | 8 | 14 | 22 |
FirstMark's Investments by Stage
FirstMark is primarily an Early Stage Investor investor majorly investing in Series A (96) rounds where average round size is $1.27B, Seed (57) rounds where average round size is $477M and Series B (21) rounds where average round size is $749M.Stage of entry | No. of Investments |
|---|---|
Series A | 96 |
Seed | 57 |
Series B | 21 |
Series C | 8 |
Series D | 4 |
Others | 4 |
Note: We have considered here, only first round of investments
FirstMark's Investments by Sector
FirstMark has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, Vertical SaaS and High Tech. Notably, it has invested in 205 Tech companies, 160 Enterprise (B2B) companies, 134 Software companies and at least 95 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 106 |
Consumer | 38 |
FinTech | 37 |
Vertical SaaS | 33 |
High Tech | 31 |
Others | 200 |
Note: We have considered here, only first round of investments
FirstMark's Investments by Geography
FirstMark has made most investments in United States (163), followed by United Kingdom where it has made 7 investments.Country | No. of Investments |
|---|---|
United States | 163 |
United Kingdom | 7 |
Canada | 5 |
France | 5 |
Germany | 4 |
Others | 7 |
Note: We have considered here, only first round of investments
FirstMark's recent investments
FirstMark has made 16 investments in 2026 so far. Liquid Compute and Rillet are the latest among them.Here are the most recent investments by FirstMark:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 15, 2026 | United States | Seed | 5809 | [+6] | |
Aug 18, 2026 | United States | Series C | 9953 | [+7] | |
Jul 30, 2026 | United States | Series A | 4129 | ||
Jul 29, 2026 | United States | Series B | 3233 | ||
Jul 14, 2026 | United Kingdom | Series A | 2350 | [+6] |
Unicorns in FirstMark's Portfolio
FirstMark has 19 unicorns in its portfolio - Rillet, Harmattan AI, Rain and others. The most recent unicorn in their portfolio is Rillet. It became a unicorn in 2026.Here is a list of unicorns in FirstMark's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
65 | AI-native ERP designed to automate accounting | 2021 | New York City | Series C | x{s{uxd | ||
54 | Developer of autonomous defense systems for modern warfare applications | 2024 | Paris | Series B | buqyafc | ||
60 | Stablecoin-powered cards and payments infrastructure for a fluid financial system | 2021 | Brooklyn | Series C | fhgsfct | ||
64 | Developer of agentic software for automating complex legal work tasks | 2023 | Stockholm | Series D | iedtorx | ||
74 | Provider of comprehensive lab testing and health monitoring membership services | 2022 | Austin | Series B | py{uyok |
IPOs and Publicly Listed companies in FirstMark's Portfolio
9 of FirstMark's portfolio companies have become public. StubHub got listed on the New York Stock Exchange (NYSE), in Sep 2025 at marketcap of $8.06B and GCT Semiconductor got listed on the New York Stock Exchange (NYSE).Here are FirstMark's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 17, 2025 | - | - | 2206 | |
Mar 27, 2024 | Dec 02, 2002 | Series C | 9498 | |
Jul 25, 2019 | - | - | 8900 | |
Apr 18, 2019 | Aug 08, 2012 | Series C | 2097 | |
Oct 03, 2018 | Nov 25, 2014 | Series E | 8877 |
Acquired companies in FirstMark's Portfolio
73 companies from FirstMark's portfolio have been acquired. The most recent acquisition was Bluecore in May 2026 by Insider One for $*****.Here are FirstMark's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 13, 2026 | Sep 29, 2014 | Series A | 3174 | |
May 06, 2026 | Jan 14, 2022 | Series A | 2190 | |
Apr 20, 2026 | Feb 03, 2021 | Series A | 4791 | |
Feb 18, 2026 | Jul 23, 2024 | Series A | 2585 | |
Feb 02, 2026 | - | - | 6870 |
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Team profile of FirstMark
FirstMark has a team of 25 members including 10 Partners, 5 Venture Partners and 9 Principals located in United States. FirstMark's team sits on the board of 11 companies.Here is a list of top team members in FirstMark:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | New York City | - | ||
Partner | New York | Bluecore, ScienceLogic and 6 more | ||
Partner | New York City | HopSkipDrive, Ro and 1 more | ||
Partner | New York | - | - | |
Partner | New York City | - | ||
Partner | Stamford | - | - | |
Partner | New York City | - | - | |
Partner | Los Angeles | - | - | |
Partner | New York | - | - | |
Partner | United States | - | - | |
Venture Partner | New York | - | - |
Co-investors of FirstMark
Over the past 24 years, 1234 investors have co-invested in FirstMark's portfolio companies. This includes funds and angels.
- Invested before FirstMark: Bain Capital Ventures, Y Combinator and 312 others have invested in rounds before FirstMark. There are 5 companies where Bain Capital Ventures has invested before FirstMark and 5 companies where Y Combinator has invested before FirstMark.
- Top Co-investors of FirstMark: 425 investors entered a company along with FirstMark. These include investors like First Round Capital (8 companies).
- Invested after FirstMark: A total of 495 investors have invested in FirstMark's portfolio after their investments. Top Investors include Insight Partners (7 companies), Tiger Global Management (7 companies) and Battery Ventures (6 companies).
Recent News related to FirstMark
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Rillet Achieves Unicorn Status with $1 Billion Valuation Following Series C FundingCryptocurrency•Aug 19, 2026•Rillet, Iconiq Capital, Battery Ventures, FirstMark and 6 others
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Velocity Raises $38 Million Series A to Facilitate Stablecoin Payments for BusinessesDnyuz•Jul 14, 2026•Capital One Ventures, FirstMark, Wintermute, Coinbase and 6 others
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Velocity Raises $38 Million to Expand Stablecoin Treasury PlatformVentureburn•Jul 14, 2026•Capital One Ventures, QED Investors, Activant Capital, FirstMark and 5 others
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Vendelux Raises $50 Million Series BPulse 2.0•Jul 10, 2026•Vendelux, Tribeca Venture Partners, S3 Ventures, Cervin Ventures and 3 others
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Nebulock Raises $25 Million for AI-Native Contextual SecuritySecurityWeek•Jun 26, 2026•Nebulock, FirstMark
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Posh Raises $37M in Series B Funding RoundFinSMEs•Mar 23, 2026•FirstMark, Causeway, POSH, Goodwater Capital and 1 other
