First Round Capital raising $220 million for new fund
First Round Capital's Josh Kopelman. Photo by Noam Galai/Getty Images.
First Round Capital is raising around $220 million for its seventh venture capital fund, according to SEC filings.
- No changes to the partnership since First Round raised $175 million for its sixth fund two years ago, save for the previously-announced addition of BirchBox co-founder Hayley Barna.
Why it matters: The bi-costal firm wrote the earliest checks for such companies as Uber and Ring.