First Round Capital — 2020 Investments

Labelbox provides data infrastructure, environments, and evaluation tools for AI teams to build, evaluate, and improve AI agents and models.

AI & Machine LearningData & InfrastructureSan Francisco, US

MSManu Sharma(Founder)inBrian Rieger(Founder)inDan Rasmuson(Founder)

Co-investorsANAndreessen HorowitzB B Capital GroupB4B4 CapitalDRDraft Ventures LlcGRGradient VenturesINIn-Q-Tel+6 more

Lightning AI, creator of PyTorch Lightning, runs an end-to-end AI development cloud and merged with GPU provider Voltage Park in 2026.

San Francisco, US

WFWilliam Falcon(Founder)inSGSaurabh Giri(Executive Officer)inOzan Kaya(Executive Officer, Director)Luca Antiga(Founder)

BoardAMAmit Mukherjee(Director)inSYSam Yagan(Director)in

Co-investorsBABain Capital VenturesCACapital B Private HoldingsCICisco InvestmentsCOCoatue ManagementINIndex VenturesK5K5 Global+23 more

Multi is a multiplayer collaboration app for software teams that offers simultaneous screensharing (up to 10 people), shared cursors and control, keyboard-first commands, and AI-generated meeting summaries and action items with integrations like Linear, Slack, and Raycast.

Enterprise SoftwareFuture of WorkSaaSSan Francisco, US

Alex Embiricos(Co-Founder & CEO)inCharley Ho(Founder)inAlexander Embiricos(Founder)

Co-investorsDEDesigner FundGRGreylock PartnersMUMusha VenturesSASarah GuoWNWndrCoSCScript Capital

AgTechLexington, US

Jonathan Webb(Executive Officer, Director)Ryan Knopf(Executive Officer, Director)Joshua Lessing(Executive Officer, Director)Greg Couch(Director)Anna Mason(Director)Robert J. Laikin(Director)

Co-investorsHOHorseplay VenturesINIndustrious VenturesPJPJCR7R7 PartnersWOWonder VenturesACAccomplice+3 more

Semgrep develops a code scanning platform that detects security vulnerabilities and code issues across multiple programming languages, integrated with CI/CD tools like GitHub and GitLab.

CybersecurityDeveloper ToolsSan Francisco, US

DDDrew Dennison(Founder)inIEIsaac Evans(Founder)in

Co-investorsMEMenlo VenturesARArtisanal VenturesBABallistic VenturesBRBright Pixel CapitalFEFelicis VenturesHAHarpoon Ventures+8 more

Stedi provides APIs and infrastructure for healthcare billing transactions, including eligibility checks, claim submissions, and remittance advice processing.

Enterprise SoftwareHealthtechSaaSBoulder, US

ZKZack Kanter(Founder)in

Co-investorsALAlt CapitalBABalaji SrinivasanBLBloomberg BetaBOBoxGroupUNUnion Square Ventures (USV)VTVTF Capital+6 more

Steno provides court reporting and remote deposition services for attorneys, combining human reporters with technology for transcript management and exhibit handling.

AI & Machine LearningEnterprise SoftwareLegalTechSaaSLos Angeles, US

GHGreg Hong(Executive Officer, Director)inDADan Anderson(Executive Officer, Director)inDRDylan Ruga(Founder)inPSPrabhdeep Singh(Executive Officer, Director)in

BoardJFJason Fiedler(Director)inMaxwell Swicegood(Director)

Co-investorsALAlumni VenturesCECerity Partners VenturesLELeft Lane CapitalLELegalTechSASavano Capital PartnersAMAmplo Ventures+4 more

Stensul is a no-code marketing creation platform that lets enterprise marketing teams build emails and other content through governed, collaborative workflows with built-in guardrails.

Enterprise SoftwareMarketing TechSaaSNew York, US

NDNoah Dinkin(Founder)in

Co-investors51515 VenturesJAJavelin Venture PartnersSASageview CapitalUSUS Venture PartnersALAlchemist AcceleratorARArthur Ventures+7 more

Verto Education provides first-year college study abroad experiences in partnership with the University of New Haven and 60+ partner colleges, allowing students to earn transferable credits while abroad.

EdTechTravel & HospitalityBerkeley, US

Mitchell Gordon(Director and President)MGMitch Gordon(Founder)inMallory Meiser(Director and Secretary)BWBenjamin Welbourn(Director and Treasurer)inBen Welbourn(Founder)

Co-investorsALAlumni VenturesBOBoxGroupGAGaingelsGSGSV VenturesSCScribble VenturesAWAwesome People Ventures+1 more

Whisper Security provides a graph-based threat investigation platform that correlates data from DNS, WHOIS, hosting, routing, and threat intelligence sources to help security teams investigate indicators of compromise and map attack surfaces.

AI & Machine LearningCybersecurityData & InfrastructureSaaS

Paul Girardin

Co-investorsANAntlerD1D11ZARArriveIVIVP (Institutional Venture Partners)NONotable CapitalQUQuiet Capital+1 more