FirstMark Capital

FirstMark Capital
Company typePrivate
IndustryPrivate Equity
FoundedJune 30, 2008; 16 years ago (2008-06-30)[1]
HeadquartersNew York City, U.S.
Key people
Rick Heitzmann
Amish Jani
ProductsVenture capital
WebsiteOfficial website

FirstMark is a Venture capital firm based in New York City. FirstMark invests in early-stage technology companies, frequently as the first institutional investor and leading the rounds it participates in. Notable investments include Airbnb, Pinterest, Shopify, DraftKings, Stubhub, Upwork, and Ro.[2][3][4][5]

History

FirstMark was founded in 2008 by Amish Jani and Rick Heitzmann as a spinoff from Pequot Capital Management.[1]

In 2013, FirstMark raised $225m. Then in 2014, it raised a $150 million fund. By 2016, it had raised $1.3bn in eight years, with dedicated funds for both early- and growth stage investments.[6] In June 2020, FirstMark announced FirstMark V (a $380M early-stage fund) and Opportunity Fund III (a $270M growth stage fund).[7]

In June 2022, the firm announced the closing of its most recent funds, FirstMark VI and FirstMark Opportunity Fund IV, totaling approximately $1.1 billion in commitments,[8] representing more than $3.5B of total committed capital since inception.

Team

As of 2022, the firm has five investing partners: Rick Heitzmann, Amish Jani, Matt Turck, Beth Ferreira, and Adam Nelson.[9] In early 2023 Rick Heitzmann was named to the Forbes Midas List for the third consecutive year.[10][11][12]

Investments and Model

FirstMark has a heavy presence in New York City, and invests primarily in companies based on the East Coast and in Europe. The firm's main areas of investment include AI, healthcare, finance, consumer, property technology, marketplaces, infrastructure, e-commerce, education, and enterprise software.[13]

The firm's most notable investments include Pinterest,[3] which debuted on New York Stock Exchange on April 18, 2019, as well as Shopify.[14] Other prominent investments include Riot Games, creator of League of Legends (Acquired by Tencent Holdings),[15] Discord,[16] Airbnb,[17] Upwork,[5] TraceLink,[18] Dataiku,[19] Dashlane,[20] Synthesia,[21] and Ro.[22]

References

  1. ^ a b "Pequot to Separate Its V.C. and Hedge Fund Units". New York Times. No. DealBook. United States. The New York Times Company. 4 March 2008. Retrieved 4 September 2019.
  2. ^ Geron, Tomio (15 June 2016). "FirstMark Capital Raises $480M for Two New Funds". Wall Street Journal. Retrieved 10 October 2019.
  3. ^ a b Vilarino, Dalbert (24 March 2019). "Hey, Look at Me! I'm a Venture Capitalist". New York Times. Retrieved 10 October 2019.
  4. ^ Primack, Dan (1 September 2016). "Exclusive: DraftKings Raises Giant New Funding Round". Fortune. Retrieved 10 October 2019.
  5. ^ a b Crichton, Danny (3 October 2018). "Upwork pops more than 50 percent in Nasdaq debut". TechCrunch. Retrieved 10 October 2019.
  6. ^ "Why FirstMark plans to invest $480M in 'non-obvious' companies". New York Business Journal. 2016.
  7. ^ Crook, Jordan. "FirstMark Capital announces new funds with a fresh $650 million in investment capital". TechCrunch. Retrieved 20 July 2022.
  8. ^ "FirstMark Capital racks up $1.1bn across two funds". www.venturecapitaljournal.com. 2022.
  9. ^ "Announcing our Newest Funds". FirstMark Capital. Retrieved 20 July 2022.
  10. ^ "Venture capital was severely over-funded in 2020 and 2021: FirstMark Capital's Heitzmann". www.cnbc.com. 2023.
  11. ^ "There's going to be a lot of anxiety over SVB the next couple days, says FirstMark Capital's Rich Heitzmann". www.cnbc.com. CNBC. 2023.
  12. ^ "Rick Heitzmann". Forbes. Retrieved 2023-06-28.
  13. ^ "FirstMark Capital LLC". www.bloomberg.com. 2023.
  14. ^ Ghose, Carrie (24 February 2020). "Columbus e-commerce startup plans to add 40 jobs". Columbus Business First. Retrieved 17 March 2021.
  15. ^ China's Tencent Buys Riot Games for $400 Million
  16. ^ Matney, Lucas (21 December 2018). "Gaming chat startup Discord raises $150M, surpassing $2B valuation". TechCrunch. Retrieved 10 October 2019.
  17. ^ "Airbnb". FirstMark. Retrieved 2019-08-14.
  18. ^ Crook, Jordan (30 November 2016). "TraceLink, helping the pharma industry trace and track drugs, lands $51.5M from Goldman Sachs". TechCrunch. Retrieved 10 October 2019.
  19. ^ [1]. TechCrunch, May 19, 2014
  20. ^ Dashlane Passes 2M Users, Collects $22M For Its Client-Based Password Manager. TechCrunch, May 19, 2014
  21. ^ "2023 06 16 Synthesia Announces 90 Million Series C // Cooley // Global Law Firm". www.cooley.com. Retrieved 2023-06-28.
  22. ^ Mascarenhas, Natasha (2022-02-15). "Existing investors double down on Ro at boosted $7 billion valuation". TechCrunch. Retrieved 2023-06-28.

Read other articles:

Serie B 1959-1960

Disambiguazione – Se stai cercando altri significati, vedi Serie B 1959-1960 (disambigua). Serie B 1959-1960 Competizione Serie B Sport Calcio Edizione 28ª Organizzatore Lega Nazionale Professionisti Date dal 20 settembre 1959al 19 giugno 1960 Luogo  Italia Partecipanti 20 Formula girone unico Risultati Vincitore Torino(1º titolo) Altre promozioni LeccoCatania Retrocessioni TarantoModenaCagliari Statistiche Miglior marcatore Giuseppe Virgili (21) Incontri disputati...

 

 

Haute-Vienne

Lambang Haute-Vienne Haute-Vienne adalah sebuah departemen di Prancis yang dinamai menurut Sungai Vienne. Merupakan salah satu dari 3 departemen yang bersama-sama membentuk region Limousin. Ibu kota Haute-Vienne adalah Limoges, yang merupakan kota terbesar. Jumlah penduduk semua kota lain di departemen ini kurang dari 20.000 jiwa. Geografi Hulu Sungai Charente ada di departemen ini, dekat Rochechouart. Departemen yang mengelilinginya adalah: Creuse, Corrèze, Dordogne, Charente, Vienne, Indre...

 

 

Shadi Shaban

Palestinian footballer This biography of a living person needs additional citations for verification. Please help by adding reliable sources. Contentious material about living persons that is unsourced or poorly sourced must be removed immediately from the article and its talk page, especially if potentially libelous.Find sources: Shadi Shaban – news · newspapers · books · scholar · JSTOR (September 2017) (Learn how and when to remove this template mes...

Traktat Sankt-Peterburg (1881)

Traktat Sankt-Petersburg (1881), juga dikenal sebagai Traktat Ili, adalah traktat antara Kekaisaran Rusia dan Dinasti Qing, ditandatangani di Sankt-Peterburg, Rusia, pada 24 Februari [K.J.: 12 Februari] 1881. Traktat ini diadakan untuk mengembalikan bagian timur wilayah Cekungan Ili kepada Tiongkok, juga dikenal sebagai Zhetysu diduduki oleh Rusia pada tahun 1871 selama Pemberontakan Dungan hingga tahun 1881.[1][2] Latar belakang Lihat pula: Xinjiang di bawah kekuasaan Qing da...

 

 

Valeria Marini

Valeria Marini nel 2014 Valeria Virginia Laura Marini (Roma, 14 maggio 1967) è una soubrette, attrice e imprenditrice italiana. Ha raggiunto il successo nei primi anni novanta grazie alla sua partecipazione come primadonna a diversi varietà del Bagaglino, rimanendovi per più stagioni e tornandovi nel corso degli anni successivi, dopo l'affermazione come attrice in spettacoli teatrali, pellicole cinematografiche e televisive. Nel corso della sua carriera ha anche lavorato come conduttrice d...

 

 

Roberto Rosales

Nama ini menggunakan cara penamaan Spanyol: nama keluarga pertama atau paternalnya adalah Rosales dan nama keluarga kedua atau maternalnya adalah Altuve. Roberto Rosales Rosales bermain untuk Málaga pada 2015Informasi pribadiNama lengkap Roberto José Rosales AltuveTanggal lahir 20 November 1988 (umur 35)Tempat lahir Caracas, VenezuelaTinggi 174 cm (5 ft 9 in)Posisi bermain Bek kananInformasi klubKlub saat ini LeganésNomor 16Karier junior Deportivo Gulima CaracasKar...

Early life of George W. Bush

See also: Professional life of George W. Bush Bush in Phillips Academy's 1964 yearbook. George W. Bush (born 1946) was born in the city of New Haven, Connecticut as the eldest of six children. He grew up in the Texan cities of Midland and Houston and studied at Yale University and the Harvard Business School before serving in the Texas Air National Guard. Bush would later be part owner and managing partner of the Texas Rangers baseball franchise, become governor of Texas and eventually becom...

 

 

Taman Wisata Alam Bantimurung

Untuk pengertian lain, lihat Bantimurung (disambiguasi). TWA BantimurungTampak depan gapura Taman Wisata Alam Bantimurung (sebelum direnovasi)LetakDusun Bantimurung, Desa Jenetaesa, Kecamatan Simbang, Kabupaten Maros, Sulawesi Selatan, IndonesiaPihak pengelolaBalai TN Babul KLHKDisbudpar Pemkab Maros Taman Wisata Alam Bantimurung (Lontara Indonesia: ᨈᨆ ᨓᨗᨔᨈ ᨕᨒ ᨅᨈᨗᨆᨘᨑᨘ , transliterasi: Taman Wisata Alam Bantimurung ) (disingkat TWA Bantimurung) adalah salah satu d...

 

 

Kereta api lokal di Jawa Timur

Kereta api lokal di Jawa TimurKereta api KRD Jenggala melintas di Tarik, SidoarjoInformasi umumOperator saat ini Kereta Api Indonesia Daerah Operasi IX Jember (hanya Pandanwangi) KAI Commuter Wilayah 8 Surabaya[1] Lintas pelayananJarak tempuh-Jenis relRel beratPelayanan penumpangKelasEkonomi Lokal/KomuterPengaturan tempat duduk Kereta api 106 tempat duduk disusun 3-2 (Ekonomi Lokal) kursi saling berhadapan dan tidak bisa direbahkan Kursi saling berhadapan dan disusun melintang di seti...

Genoa Cricket and Football Club 1912-1913

Voce principale: Genoa Cricket and Football Club. Genoa Cricket and Football ClubStagione 1912-1913Sport calcio Squadra Genoa Allenatore William Garbutt Presidente Luigi Aicardi Prima Categoria2º posto. Maggiori presenzeCampionato: Percy Walsingham (11) Miglior marcatoreCampionato: John Grant (20) 1911-1912 1913-1914 Si invita a seguire il modello di voce Questa voce raccoglie le informazioni riguardanti il Genoa Cricket and Football Club nelle competizioni ufficiali della stagione 191...

 

 

Missionary

Member of a religious group sent into an area to promote their faith For other uses, see Missionary (disambiguation). Mission partner redirects here. For other uses, see Mission (disambiguation) and Partner (disambiguation). This article may lend undue weight to certain ideas, incidents, or controversies. Please help improve it by rewriting it in a balanced fashion that contextualizes different points of view. (July 2021) (Learn how and when to remove this message) Catholic missionaries in Pa...

 

 

Abidin Madingkir

Malaysian politician Yang Berhormat DatukAbidin MadingkirJSM PGDK JP MLAعابدين ماديڠکيرState Assistant Minister to the Chief Minister of SabahIncumbentAssumed office 8 October 2020Serving with Wetrom Bahanda (2020–2022) & Nizam Abu Bakar Titingan (since 2022) & Ruslan Muharam (since 2023)GovernorJuhar MahiruddinChief MinisterHajiji NoorPreceded byJimmy Wong Sze PhinConstituencyPaginatanMember of the Sabah State Legislative Assemblyfor PaginatanI...

Domingo de Soto

Spanish theologian (1494–1560) The ReverendDomingo de SotoOPBorn1494Segovia, Crown of CastileDied15 November 1560(1560-11-15) (aged 65–66)Salamanca, Crown of CastileAlma mater University of Alcalá University of Paris Era Early modern philosophy Renaissance philosophy Region Western philosophy Spanish philosophy SchoolScholasticismMedieval realismSchool of SalamancaMain interestsTheology, metaphysics, Philosophy of law Domingo de Soto, O.P. (1494 – 15 November 1560) was a Span...

 

 

2020年夏季奧林匹克運動會波蘭代表團

2020年夏季奥林匹克运动会波兰代表團波兰国旗IOC編碼POLNOC波蘭奧林匹克委員會網站olimpijski.pl（英文）（波兰文）2020年夏季奥林匹克运动会（東京）2021年7月23日至8月8日（受2019冠状病毒病疫情影响推迟，但仍保留原定名称）運動員206參賽項目24个大项旗手开幕式：帕维尔·科热尼奥夫斯基（游泳）和马娅·沃什乔夫斯卡（自行车）[1]闭幕式：卡罗利娜·纳亚（皮划艇）&#...

 

 

西遊記大結局之仙履奇緣

本條目存在以下問題，請協助改善本條目或在討論頁針對議題發表看法。 此條目需要編修，以確保文法、用詞、语气、格式、標點等使用恰当。 (2013年8月6日)請按照校對指引，幫助编辑這個條目。（幫助、討論） 此條目剧情、虛構用語或人物介紹过长过细，需清理无关故事主轴的细节、用語和角色介紹。 (2020年10月6日)劇情、用語和人物介紹都只是用於了解故事主軸，輔助�...

IPython

For the implementation of Python under the .NET Framework, see IronPython. Advanced interactive shell for Python IPython ShellOriginal author(s)Fernando Perez[1]Developer(s)Brian E. Granger, Min Ragan-Kelley, Paul Ivanov, Thomas Kluyver, Matthias BussonnierInitial release2001; 23 years ago (2001)[1]Stable release8.24.0[2]  / 26 April 2024; 27 days ago (26 April 2024) Repositorygithub.com/ipython/ipython Written inPython, JavaScript, ...

 

 

Imbabura Province

Province of Ecuador This article is about the Imbabura province. For the Imbabura volcano, see Imbabura Volcano. Province in EcuadorImbaburaProvinceProvince of ImbaburaMount Imbabura from south-east. FlagImbabura Province in EcuadorCantons of Imbabura ProvinceCountry EcuadorCapitalIbarraGovernment • Provincial PrefectRichard CalderónArea • Total4,785 km2 (1,847 sq mi)Population (2022 census)[1] • Total469,879 • ...

 

 

The Amazing Race 20

The Amazing Race 20 Pertama tayang 19 Februari 2012 (2012-02-19)[1] – 06 Mei 2012 (2012-05-06)[2] Tanggal pengambilan film 26 November 2011 (2011-11-26) – 19 Desember 2011 (2011-12-19) Jumlah episode 11 Pemenang Rachel Brown & Dave Brown, Jr. Benua yang dikunjungi 5[3] Negara yang dikunjungi 10 Kota yang dikunjungi 22[3] Jarak perjalanan 40.000 mil (64.372 kilometer) Jumlah leg perlombaan 12 Kronologi Musim Sebelumnya The Am...

Calendario gregoriano

Calendario gregoriano martes, 25 de junio de 2024 d. C.Calendario juliano martes, 12 de junio de 2024 d. C.Actualizar fechasGregorio XIII El calendario gregoriano es el modelo de calendario actualmente utilizado de manera oficial en casi todo el mundo, denominado así por ser su promotor el papa Gregorio XIII. A partir de 1582, sustituyó gradualmente en distintos países al calendario juliano, utilizado desde que Julio César lo instaurara en el año 46 a. C. El calendario jul...

 

 

دورة فرنسا المفتوحة 1977 - فردي السيدات

دورة فرنسا المفتوحة 1977 - فردي السيدات جزء من دورة فرنسا المفتوحة 1977  رقم الفعالية 70  البلد فرنسا  التاريخ 1977  الرياضة كرة المضرب  البطل(ة) ميما ياوشوفيتس الوصيف(ة) فلورنتا ميهاي النتيجة 6–2، 6–7، 6–1 دورة فرنسا المفتوحة 1976 - فردي السيدات  دورة فرنسا المفتوحة 1978 -...