August8 , 2022

Announcing our Newest Funds, FirstMark VI and OF IV, with $1B+ in Commitments — FirstMark

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We are excited to announce the closing of our newest funds, FirstMark Capital VI and FirstMark Capital Opportunity Fund IV, totaling approximately $1.1 billion in commitments. FirstMark Capital VI will invest in promising consumer and enterprise technology companies in their earliest stages of development, while FirstMark Capital Opportunity Fund IV will help accelerate breakout companies in their growth phase.

Since FirstMark launched in 2008, the world has seen a tremendous acceleration in the digital transformation of almost every industry, highlighting the role innovation can play in redefining what is possible. While today’s macro environment continues to evolve, we remain optimistic and resolute believers in the potential of technology to solve important problems. Our five investing partners – Rick Heitzmann, Amish Jani, Matt Turck, Beth Ferreira and Adam Nelson – have invested through multiple market cycles and seen firsthand how great businesses can be built even during volatile times.

Our strategy remains the same as it has been since our founding. We partner with the world’s best entrepreneurs from their earliest days onwards. As active, lead investors, we help founders build and scale their businesses. We focus on consumer and enterprise technologies in sectors where our partnership has deep relationships, experience and passion. Importantly, we do all of this by leveraging and activating our platform in New York City, one of the largest and fastest-growing technology markets in the world.

Today, the dynamic environment makes our style of investing more relevant than ever. We’ve long considered venture capital a craft, rather than an industrial operation. We work shoulder-to-shoulder with our entrepreneurs. We believe in hard work, discipline and leaning in when things get hard. We value quality over quantity, making comparatively fewer investments a year and committing to those teams for the long term, through whatever ups and downs may come as part of the entrepreneurial journey. So despite the changing times, we are bullish about the opportunity ahead.

We feel deeply honored for the support and confidence of our limited partners, whose commitment to our new funds is a strong affirmation of our mission to accelerate the success of the world’s most ambitious technology entrepreneurs. We are excited for this new chapter and can’t wait to see what the future holds.

 

About FirstMark Capital:
FirstMark is a venture capital firm based in New York City. Our mission is to partner with exceptional entrepreneurs who are changing the world by solving meaningful problems. We build deeply engaged networks that unite leaders across the globe, and accelerate the success of founders through high-impact services. We have proudly backed founders of remarkable businesses like Pinterest, Shopify, DraftKings, Riot Games, Frame.io, Ro Health, Dataiku and dozens more. Learn more and become part of our network at firstmarkcap.com.

 

 

 

 

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