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The Venture Codex

Founders First

9920 Pacific Heights Blvd Suite 400, San Diego, New York, 92121, United States

Overview

Founders First Capital Partners provides revenue-based funding, business acceleration, coaching, and post-funding advisory to underserved and diverse-led small businesses. Its core product pairs flexible RBF (payments that vary with monthly revenue) with a proprietary performance platform offering structured growth education, financial-health services, and operating support. The company closed an oversubscribed $11 million Series A to expand capital deployment and accelerate a $100 million credit facility from Community Investment Management. Typical borrowers generate $500,000 to $5 million in annual revenue with potential to grow above $10 million, and more than 400 companies have completed Founders First programs. Participant outcomes include 71% reporting increased revenues within 12 months and 65% reporting revenue increases of 25% in six months. Founders First runs cohort-based accelerator programs (three cohorts via the Founders Business Growth Bootcamp and four cohorts via the FastPath Funding Growth Experience annually) and plans to publish an Inclusive Economy Market Report.

Total raised
$11M
Funding rounds
1
Latest round
Series A
Latest activity
Nov 2021

Industries

  • Business Development
  • Consulting
  • Financial Services
  • Impact Investing
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Recent funding

  1. Series A

    Nov 2021

    $11M

Team