We are pleased to announce the closing of our latest funds, FirstMark V and FirstMark Opportunity Fund III, totaling $650MM. In these very difficult times, we are grateful for the steadfast commitment of our existing investors, the support of new investors joining us, and the entrepreneurs that we are fortunate to partner with on this journey.
Our mission remains unchanged from the founding of FirstMark in 2008:
- We back technology entrepreneurs at the earliest stages of their companies. We are active partners who serve as lead investors, board members, and unrelenting supporters of our entrepreneurs and teams.
- We provide founders with exceptional operational support through the FirstMark Platform. We have made deep investments in technology and infrastructure to scale the FirstMark network and we are just getting started.
- We do this from NYC. We are passionate believers in the NYC and broader East Coast ecosystem (Boston, Toronto, Ottawa, Philadelphia, Columbus, DC and beyond). While we invest across the US and Canada, and increasingly Europe, the significant majority of our investments are close to home. This ecosystem has grown by leaps and bounds in the last decade, and the more visible outcomes are just the tip of the iceberg to the deep well of companies being built underneath.
Turbulent times are often the catalyst for deep change — be it product, technological, organizational, societal or otherwise. We believe innovation can play a huge role in redefining what’s possible, and we look forward to working with the next generation of entrepreneurs changing the world for the better.