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First Round is a venture capital firm that specializes in providing seed-stage funding to technology companies. Founded by Josh Kopelman and Howard Morgan First Round typically provides seed-stage funding and focuses on portfolio companies' growth during their first 18 months. It has offices in San Francisco, Philadelphia and New York. In 2012, the firm launched
Dorm Room Fund Dorm Room Fund is a $10 million American venture capital firm focused on investments in student-run startups. Established by First Round Capital in 2012, the firm is operated by full-time undergraduate and graduate students. It has backed compani ...
for college students to fund startups founded by their peers. In 2019, the firm launched the Graduate Fund, a pre-seed fund for recent graduates of undergraduate or master's programs.


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First Round
(company website) {{Philadelphia Corporations , state=collapsed Venture capital firms of the United States Financial services companies established in 2004 Companies based in Philadelphia