About FirstMark
FirstMark is a venture capital firm founded in 1987. It is primarily based out of New York City, United States. As of Mar 2026, FirstMark is an active investor, having invested in 212 companies, with 7 new investments in the last 12 months. It primarily invests in Series A 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 Payy Overall, FirstMark portfolio has seen 16 unicorns, 9 IPOs and 72 acquisitions including key companies like Shopify, DraftKings and Carta. A lot of funds co-invest with FirstMark, with names like First Round Capital sharing a substantial percentage of its portfolio. FirstMark has team of 31 people including 9 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 5 more
Portfolio IPOs
Portfolio Unicorns
Portfolio Soonicorns
FirstMark's List of Top Investments
FirstMark has a portfolio of 212 companies, including 16 unicorns. Their most notable investments are in Daytona and Parametrix.Their portfolio spans across United States, Canada, United Kingdom and 7 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 29 other sectors, across stages such as Series A, Seed and 5 more. Here is the list of top investments by FirstMark:1. Shopify
Provider of an all-in-one commerce platform for businesses of all sizes. The platform enables merchants to start, grow, market, and manage their retail operations. It offers tools to build brands, create websites, and customize online stores. The platform also provides solutions for selling products online, in person, and across various channels. It facilitates payment acceptance, marketing, customer management, and business analytics.
Key facts about Shopify
- Founded Year: 2006
- Location: Ottawa (Canada)
- Annual Revenue: $11.6B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $122M
- Employee Count: 28,415 as on Apr 30, 2026
- Investors: Ringway Capital, Insight Partners and 18 Others
- Latest Funding Round: Series C, Dec 11, 2013, $*****
- Highlight: Public
2. DraftKings
Platform providing online solutions for fantasy sports and sports betting. It is a leading online platform offering daily fantasy sports and sportsbook services including real money betting and fantasy sports contests. They operate a user friendly website and mobile app providing a range of sports and entertainment options for enthusiasts.
Key facts about DraftKings
- Founded Year: 2012
- Location: Boston (United States)
- Annual Revenue: $6.05B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $719M
- Employee Count: 5,673 as on Apr 30, 2026
- Investors: Schechter, Wellington and 49 Others
- Latest Funding Round: Post IPO, Sep 02, 2020, $*****
- Highlight: Public
3. Carta
Software-based equity management solutions. It offers features solutions for valuation, equity planning, transfer agents, electronic securities, scenario modeling, fund administration, portfolio data collection, and more. It offers solutions to multiple sectors including private companies, investors, and public companies. It also offers ESOP management solutions.
Key facts about Carta
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $1.16B
- Employee Count: 2,077 as on Apr 30, 2026
- Investors: Meritech, Silver Lake and 135 Others
- Latest Funding Round: Series G, Aug 13, 2021, $*****
- Highlight: Editors' Pick
4. Upwork
Provider of freelance marketplace connecting businesses with independent talents. It offers an AI powered suggestions, screening questions, and boosted proposals for visibility, built-in tool with screenshots and activity logs for hourly work transparency . It provides in-app messaging, file sharing, video calls, and mobile apps for iOS and Android.
Key facts about Upwork
- Founded Year: 1999
- Location: San Francisco (United States)
- Annual Revenue: $788M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $74M
- Employee Count: 174,056 as on Apr 30, 2026
- Investors: Section Partners, Citdex and 24 Others
- Latest Funding Round: Post IPO, Aug 10, 2021, $*****
- Highlight: Public
5. StubHub
Online ticket marketplace for events. It allows buyers to purchase and sellers to resell tickets for sports events, concerts, theater performances, and other live entertainment. It also allows sellers to price tickets for listing various events.It provides users with information about events such as dates, timings, venue details, ticket details, and more.
Key facts about StubHub
- Founded Year: 2000
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $53.4M
- Employee Count: 1,802 as on Apr 30, 2026
- Investors: Allen & Company, Staenberg Venture Partners and 17 Others
- Latest Funding Round: Series E, Dec 23, 2021, $*****
- Highlight: Public
FirstMark's Year-on-Year Investment Trends
FirstMark has invested in 212 companies over the last 24 years, with an average of 9 new investments annually in the last 10 years. In 2025, it made 14 investments, while as of Mar 2026, it has made 7 investments in this year. Its most recent first time investment was in Payy and most recent follow-on round was in SurrealDB.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 5 | 2 | 7 |
2025 | 5 | 9 | 14 |
2024 | 8 | 7 | 15 |
2023 | 8 | 9 | 17 |
2022 | 11 | 11 | 22 |
2021 | 9 | 20 | 29 |
2020 | 9 | 20 | 29 |
2019 | 6 | 16 | 22 |
2018 | 15 | 7 | 22 |
2017 | 8 | 14 | 22 |
FirstMark's Investments by Stage
FirstMark is primarily an Early Stage Investor investor majorly investing in Series A (93) rounds where average round size is $1.18B, Seed (55) rounds where average round size is $462M and Series B (19) rounds where average round size is $618M.Stage of entry | No. of Investments |
|---|---|
Series A | 93 |
Seed | 55 |
Series B | 19 |
Series C | 7 |
Series D | 4 |
Others | 4 |
Note: We have considered here, only first round of investments
FirstMark's Investments by Sector
FirstMark has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, Vertical SaaS and High Tech. Notably, it has invested in 189 Tech companies, 145 Enterprise (B2B) companies, 118 Software companies and at least 85 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 97 |
Consumer | 36 |
FinTech | 33 |
Vertical SaaS | 33 |
High Tech | 31 |
Others | 195 |
Note: We have considered here, only first round of investments
FirstMark's Investments by Geography
FirstMark has made most investments in United States (156), followed by United Kingdom where it has made 6 investments.Country | No. of Investments |
|---|---|
United States | 156 |
United Kingdom | 6 |
Canada | 5 |
France | 5 |
Germany | 4 |
Others | 6 |
Note: We have considered here, only first round of investments
FirstMark's recent investments
FirstMark has made 7 investments in 2026 so far. Payy and Tracebit are the latest among them.Here are the most recent investments by FirstMark:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 25, 2026 | United States | Seed | 2581 | [+1] | |
Mar 17, 2026 | United Kingdom | Series A | 5956 | [+3] | |
Feb 17, 2026 | United Kingdom | Series A | 8625 | [+2] | |
Feb 05, 2026 | United States | Series A | 1371 | [+5] | |
Feb 03, 2026 | United States | Series B | 9787 |
Unicorns in FirstMark's Portfolio
FirstMark has 16 unicorns in its portfolio - Rain, Function Health, Pigment and others. The most recent unicorn in their portfolio is Rain. It became a unicorn in 2026.Here is a list of unicorns in FirstMark's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
58 | Stablecoin-powered cards and payments infrastructure for a fluid financial system | 2021 | Brooklyn | Series C | {w{bgct | ||
72 | Provider of comprehensive lab testing and health monitoring membership services | 2022 | Austin | Series B | rjkclr{ | ||
73 | Business planning and project management platform for businesses | 2019 | Paris | Series D | uwuglyn | ||
74 | Developer of software for generating videos using artificial intelligence avatars | 2017 | London | Series E | kjlsnoi | ||
66 | Developer of open-source OLAP database management system and related tools | 2012 | San Francisco | Series D | wcxidme |
IPOs and Publicly Listed companies in FirstMark's Portfolio
9 of FirstMark's portfolio companies have become public. StubHub got listed on the New York Stock Exchange (NYSE), in Sep 2025 at marketcap of $8.06B and GCT Semiconductor got listed on the New York Stock Exchange (NYSE).Here are FirstMark's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 17, 2025 | - | - | 4700 | |
Mar 27, 2024 | Dec 02, 2002 | Series C | 3065 | |
Jul 25, 2019 | - | - | 7018 | |
Apr 18, 2019 | Aug 08, 2012 | Series C | 5554 | |
Oct 03, 2018 | Nov 25, 2014 | Series E | 9615 |
Acquired companies in FirstMark's Portfolio
72 companies from FirstMark's portfolio have been acquired. The most recent acquisition was Bluecore in May 2026 by Insider One for $*****.Here are FirstMark's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 13, 2026 | Sep 29, 2014 | Series A | 3418 | |
May 06, 2026 | Jan 14, 2022 | Series A | 2578 | |
Apr 20, 2026 | Feb 03, 2021 | Series A | 2588 | |
Feb 18, 2026 | Jul 23, 2024 | Series A | 2562 | |
Feb 02, 2026 | - | - | 9756 |
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Team profile of FirstMark
FirstMark has a team of 31 members including 9 Partners, 5 Venture Partners and 9 Principals located in United States. FirstMark's team sits on the board of 11 companies.Here is a list of top team members in FirstMark:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | New York City | - | ||
Partner | New York City | Bluecore, Loop Returns and 6 more | ||
Partner | New York City | HopSkipDrive, Dashlane and 1 more | ||
Partner | New York City | - | ||
Partner | Stamford | - | - | |
Partner | Los Angeles | - | - | |
Partner | New York City | - | ||
Partner | New York | - | - | |
Partner | United States | - | - | |
Venture Partner | New York | - | - |
Co-investors of FirstMark
Over the past 24 years, 1149 investors have co-invested in FirstMark's portfolio companies. This includes funds and angels.
- Invested before FirstMark: Bain Capital Ventures, FJ Labs and 275 others have invested in rounds before FirstMark. There are 5 companies where Bain Capital Ventures has invested before FirstMark and 5 companies where FJ Labs has invested before FirstMark.
- Top Co-investors of FirstMark: 394 investors entered a company along with FirstMark. These include investors like First Round Capital (8 companies).
- Invested after FirstMark: A total of 478 investors have invested in FirstMark's portfolio after their investments. Top Investors include Insight Partners (7 companies), Tiger Global Management (7 companies) and Battery Ventures (6 companies).
Recent News related to FirstMark
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Posh Raises $37M in Series B Funding RoundFinSMEs•Mar 23, 2026•FirstMark, Causeway, POSH, Goodwater Capital and 1 other
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‘Deception technology’ platform raises £15m in Accel-backed roundUKTN•Mar 17, 2026•Tracebit, FirstMark, Tapestry VC, MMC Ventures and 1 other
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Tracebit Raises $20M Series A Round Led by FirstMarkStartup Rise EU•Mar 17, 2026•Tracebit, FirstMark, FirstMark, Tapestry VC and 5 others
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SurrealDB Raises $23M to Expand AI-Native Multimodel DatabaseSiliconAngle•Feb 17, 2026•SurrealDB, Chalfen Ventures, Begin Capital, FirstMark and 1 other
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Multi-model AI database group SurrealDB extends Series A with £17mUKTN•Feb 17, 2026•FirstMark, SurrealDB, Chalfen Ventures, Begin Capital and 1 other
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Alaffia Health Raises $55M Series B to Cut Health Plan Claims Waste with Agentic AITechStartups.com•Feb 03, 2026•Alaffia Health, Twine Ventures, FirstMark, Transformation Capital and 2 others
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GoodDay Software Raises $7M to Build an AI-Native ERP Alternative for Shopify BrandsBakersfield•Jan 16, 2026•Seguin Ventures, GoodDay Software, Adverb Ventures, FirstMark and 4 others
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Harmattan AI Secures $200 Million in Series B Funding Led by Dassault AviationTrending Topics•Jan 12, 2026•Harmattan AI, Dassault Aviation, FirstMark, Firstmark Services and 1 other
