FIRST ANALYSIS CAPITAL MANAGEMENT LLC
FIRST ANALYSIS CAPITAL MANAGEMENT LLC is a Series A, Series B, Series C+ and other fund in the US, Canada and Israel writing $3M–$10M checks into Enterprise, Security, e-commerce-optimization, enterprise-productivity, future-of-work, healthcare-tech, infrastructure-technology, internet-of-things, supply-chain-technology and vertical-saas.
- Stages
- Series A, Series B, Series C+, other
- Sectors
- Enterprise, Security, e-commerce-optimization, enterprise-productivity, future-of-work, healthcare-tech, infrastructure-technology, internet-of-things, supply-chain-technology, vertical-saas
- Check size
- $3M–$10M
- Invests in
- US-wide, Canada, Israel
- Actively investing
- Yes
- Founded
- 1981
- Assets under management
- $97M
- Website
- firstanalysis.com
Thesis
First Analysis is a venture capital firm specializing in B2B technology investments. The firm seeks to invest in entrepreneur-driven, capital-efficient growth companies with proven business models and demonstrable customer successes. They focus on companies with annual recurring revenue between $1 million and $10 million. First Analysis leverages deep sector research to identify opportunities and support companies as they grow. The firm primarily invests in Series A rounds, but also considers Series B and other stages. Geographically, they focus on North America, specifically the United States, but also have investments in Canada, Israel, and other locations. They typically lead rounds or act as a significant syndicate partner, investing $3 to $10 million in each company. First Analysis closed its 14th fund at $97 million in committed capital in April 2025.
Common questions
Does FIRST ANALYSIS CAPITAL MANAGEMENT LLC invest at the Series A stage?
Yes. FIRST ANALYSIS CAPITAL MANAGEMENT LLC lists Series A, Series B, Series C+ and other among the stages it invests in.
What check size does FIRST ANALYSIS CAPITAL MANAGEMENT LLC write?
FIRST ANALYSIS CAPITAL MANAGEMENT LLC writes $3M–$10M checks.
Where does FIRST ANALYSIS CAPITAL MANAGEMENT LLC invest?
FIRST ANALYSIS CAPITAL MANAGEMENT LLC invests in the US, Canada and Israel.