About Firstminute Capital
Firstminute Capital is a venture capital firm founded in 2017. It is primarily based out of London, United Kingdom. As of Aug 2026, Firstminute Capital is an active investor, having invested in 158 companies, with 7 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and FinTech. Most recently it participated in the $***** Seed round of Reimagine Robotics Overall, Firstminute Capital portfolio has seen 3 unicorns and 18 acquisitions including key companies like Mistral AI, MADE.COM and Concord. A lot of funds co-invest with Firstminute Capital, with names like Seedcamp sharing a substantial percentage of its portfolio. Firstminute Capital has team of 9 people including 5 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 3 more
Deals in last 12 months
Firstminute Capital's List of Top Investments
Firstminute Capital has a portfolio of 158 companies, including 3 unicorns. Their most notable investments are in Layla and Mediflash.Their portfolio spans across United Kingdom, United States, France and 20 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 29 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by Firstminute Capital:1. Mistral AI
Provider of customizable, open-source artificial intelligence models and solutions for various applications. It is a company specializing in open-source large language models and generative AI, providing cutting-edge language models for various applications.
Key facts about Mistral AI
2. Lightning
Provider of low code AI application development software. The platform offers solutions to build multi-cloud AI and ML applications. It also offers different components that can be integrated into the application.
Key facts about Lightning
- Founded Year: 2017
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $127M
- Employee Count: 267 as on Jun 30, 2026
- Investors: Bain Capital Ventures, Mantis VC and 11 Others
- Latest Funding Round: Series C, Nov 22, 2024, $*****
- Highlight: Editors' Pick
3. MADE.COM
Internet-first brand of multi-category home improvement products. Its catalog includes furniture, lighting, wall decor, garden accessories, home textiles, kitchen accessories, home furnishings, and more. Its mobile application is available on iOS platforms.
Key facts about MADE.COM
- Founded Year: 2010
- Location: London (United Kingdom)
- Annual Revenue: $100M - $500M as on Dec 31, 2018
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $136M
- Employee Count: 233 as on Jun 30, 2026
- Investors: Fidelity Investments, Fresher Ventures and 20 Others
- Latest Funding Round: Series C, Mar 19, 2018, $*****
- Highlight: Acquired
4. Concord
Concord Music is a music publishing and record company. It was formed after merging of Concord Music Group and The Bicycle Music Company. It has made a number of acquisitions and strategic investments in other music publishing and record companies including Vanguard Records, Sugar Hill Records, Fearless Records, Razor & Tie (including Kidz Bop) and Imagem Music Group.
Key facts about Concord
- Founded Year: 1973
- Location: Beverly Hills (United States)
- Stage: Acquired
- Total Funding till date: $191M
- Employee Count: 1,668 as on Mar 31, 2026
- Investors: Canaan, Apex Venture Partners and 10 Others
- Latest Funding Round: Conventional Debt, Aug 18, 2020, $*****
- Highlight: Acquired
5. Risk Ledger
Cloud-based supply chain risk and compliance management software. It offers a third-party assurance solution that enables suppliers to host their security data on the platform and validate it. The platform also provides users with supplier security data and vulnerabilities.
Key facts about Risk Ledger
- Founded Year: 2017
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $44.5M
- Employee Count: 90 as on Jun 30, 2026
- Investors: Lifeline Ventures, Amadeus and 45 Others
- Latest Funding Round: Series B, Jul 15, 2026, $*****
- Highlight: Editors' Pick
Firstminute Capital's Year-on-Year Investment Trends
Firstminute Capital has invested in 158 companies over the last 9 years, with an average of 16 new investments annually in the last 5 years. In 2025, it made 25 investments, while as of Aug 2026, it has made 6 investments in this year. Its most recent first time investment was in Reimagine Robotics and most recent follow-on round was in Codewords.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 4 | 2 | 6 |
2025 | 14 | 11 | 25 |
2024 | 8 | 3 | 11 |
2023 | 10 | 4 | 14 |
2022 | 29 | 10 | 39 |
2021 | 29 | 8 | 37 |
2020 | 4 | 4 | 8 |
2019 | 17 | 2 | 19 |
2018 | 11 | 1 | 12 |
2017 | 4 | 0 | 4 |
Firstminute Capital's Investments by Stage
Firstminute Capital has made 97 investments in Seed stage with an average round size of $6.26M, 27 investments in Series A stage with an average round size of $12.1M, 4 investments in Series B stage with an average round size of $19.4M, 1 investment in Conventional Debt stage and 1 investment in Series C stage with an average round size of $50M.Stage of entry | No. of Investments |
|---|---|
Seed | 97 |
Series A | 27 |
Series B | 4 |
Conventional Debt | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
Firstminute Capital's Investments by Sector
Firstminute Capital has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, High Tech, Consumer and Enterprise Infrastructure. Notably, it has invested in 138 Tech companies, 103 Enterprise (B2B) companies, 93 Software companies and at least 52 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 74 |
FinTech | 28 |
High Tech | 23 |
Consumer | 18 |
Enterprise Infrastructure | 17 |
Others | 133 |
Note: We have considered here, only first round of investments
Firstminute Capital's Investments by Geography
Firstminute Capital has made most investments in United States (44), followed by United Kingdom where it has made 43 investments.Country | No. of Investments |
|---|---|
United States | 44 |
United Kingdom | 43 |
France | 8 |
Germany | 8 |
Canada | 3 |
Others | 25 |
Note: We have considered here, only first round of investments
Firstminute Capital's recent investments
Firstminute Capital has made 6 investments in 2026 so far. Reimagine Robotics and Intropy are the latest among them.Here are the most recent investments by Firstminute Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 03, 2026 | United Kingdom | Seed | 8268 | ||
Jul 30, 2026 | United Kingdom | Seed | 3194 | [+2] | |
Jun 18, 2026 | United Kingdom | Seed | 1265 | [+2] | |
May 07, 2026 | United Kingdom | Seed | 6861 | [+9] | |
Mar 04, 2026 | Norway | Series B | 4987 | [+2] |
Unicorns in Firstminute Capital's Portfolio
Firstminute Capital has 3 unicorns in its portfolio - N8n, Wayve and Mistral AI. The most recent unicorn in their portfolio is N8n. It became a unicorn in 2025, 5 years after Firstminute Capital first invested in it.Here is a list of unicorns in Firstminute Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
65 | Developer of workflow automation software for building integrated technical processes | 2019 | Berlin | Series C | jwuephv | ||
66 | Platform offering AI-enabled software for autonomous driving | 2017 | London | Series D | giqohec | ||
83 | Provider of customizable, open-source artificial intelligence models and solutions for various applications | 2023 | Paris | Series C | ctawjpg |
Acquired companies in Firstminute Capital's Portfolio
18 companies from Firstminute Capital's portfolio have been acquired. The most recent acquisition was Layla in Aug 2026 by Expedia for $*****.Here are Firstminute Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 01, 2026 | Nov 29, 2023 | Seed | 2351 | |
Dec 18, 2025 | Sep 13, 2022 | Seed | 4579 | |
Sep 09, 2025 | Jun 13, 2022 | Series A | 1821 | |
May 22, 2025 | Dec 02, 2018 | Seed | 2439 | |
May 15, 2025 | Mar 22, 2023 | Seed | 2750 |
Team profile of Firstminute Capital
Firstminute Capital has a team of 9 members including 5 Partners, 1 Venture Partner and 2 Principals located in United Kingdom and Germany. Firstminute Capital's team sits on the board of 1 company.Here is a list of all team members in Firstminute Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | - | ||
Partner | London | - | ||
Partner | London | |||
Partner | - | - | ||
Partner | United Kingdom | - | ||
Venture Partner | United Kingdom | - | - | |
Principal | London | - | ||
Principal | London | - |
Co-investors of Firstminute Capital
Over the past 9 years, 958 investors have co-invested in Firstminute Capital's portfolio companies. This includes funds and angels.
- Invested before Firstminute Capital: Y Combinator, Founders Factory and 61 others have invested in rounds before Firstminute Capital. There are 7 companies where Y Combinator has invested before Firstminute Capital and 3 companies where Founders Factory has invested before Firstminute Capital.
- Top Co-investors of Firstminute Capital: 541 investors entered a company along with Firstminute Capital. These include investors like Seedcamp (6 companies).
- Invested after Firstminute Capital: A total of 354 investors have invested in Firstminute Capital's portfolio after their investments. Top Investors include HV Capital (5 companies), Nvidia (4 companies) and Visionaries Club (4 companies).
Recent News related to Firstminute Capital
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Intropy Secures $11 Million in Seed Funding for AI-Powered Spare Parts Operating SystemIntelligentcio•Aug 19, 2026•Felix Capital, Firstminute Capital, Intropy, Quiet Capital and 1 other
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Reimagine Robotics Closes Pre-Seed FundingFinSMEs•Aug 03, 2026•Reimagine Robotics, Firstminute Capital, Fly Ventures
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Intropy Raises $11 Million in Seed Funding Led by Felix Capital for US ExpansionThe SaaS News•Jul 31, 2026•Intropy, Felix Capital, Firstminute Capital, Quiet Capital and 2 others
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Frontier Health Secures $16 Million Seed Funding to Address NHS Administrative CrisisStartup Rise EU•Jun 18, 2026•Frontier Health, Atomico, Firstminute Capital, Palantir and 3 others
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CodeWords Raises $9M in Seed FundingFinSMEs•May 07, 2026•Codewords, Illusian, Sequel Logistics, Visionaries Club and 3 others
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Unleash Raises $35M Led by One Peak to Help Enterprises Ship AI-driven Software Faster, Safer, and SmarterBusiness Wire•Mar 04, 2026•One Peak, Unleash, Spark Capital, Firstminute Capital and 2 others
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Sequence Secures $20 Million to automate AI-powered BillingPYMNTS.com•Dec 18, 2025•Household, Sequence, Vor Capital, Firstminute Capital and 8 others
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Mondoo Raises $17.5 Million to Pioneer Agentic Vulnerability Management™intelligence360•Oct 17, 2025•T.Capital, Mondoo, Atomico, HV Capital and 2 others
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ClaimSorted Raises $13.3M in Seed FundingFinSMEs•Oct 13, 2025•Claimsorted, Start Ventures, Atomico, Y Combinator and 7 others
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London AI startup Lupa raises $20m to modernize vet clinicsCity A.M.•Oct 02, 2025•Google DeepMind, Meta, UOL, Palantir and 16 others
