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The Venture Codex

First Star Ventures

245 Main St, Cambridge, MA, 02142, United States

Overview

Invests in entrepreneurs using data and machine learning for innovation.

Founded

2014

Deals ยท 12mo

2

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

Canada
United States

Sector focus

Enterprise
Machine Learning
Venture Capital

Investment portfolio

23rounds
NAMEDATESIZE
Extellis
Nov 2025Participated
$7 MSeed
iOrganBio
Oct 2025Led
$2 MOther Equity
Bedrock Energy
Jan 2025Participated
$12 MSeries A
Phaseshift Technologies
Oct 2024Participated
$3 MSeed
Zanskar
May 2024Participated
$30 MOther Equity
Bedrock Energy
Oct 2023Participated
$9 MSeed
Salient
Jun 2023Participated
$3 MOther Equity
Robigo
May 2023Participated
$10 MSeed
Genialis
Mar 2023Participated
$13 MSeries A
Turso
Jul 2022Participated
$7 MSeed
FYTO
Jul 2022Participated
$15 MSeries A
VistaPath Biosystems
Jun 2022Participated
$4 MSeed
Extellis
Nov 2025Participated
$7 MSeed
iOrganBio
Oct 2025Led
$2 MOther Equity
Bedrock Energy
Jan 2025Participated
$12 MSeries A
Phaseshift Technologies
Oct 2024Participated
$3 MSeed
Zanskar
May 2024Participated
$30 MOther Equity
Bedrock Energy
Oct 2023Participated
$9 MSeed
Salient
Jun 2023Participated
$3 MOther Equity
Robigo
May 2023Participated
$10 MSeed
Genialis
Mar 2023Participated
$13 MSeries A
Turso
Jul 2022Participated
$7 MSeed
FYTO
Jul 2022Participated
$15 MSeries A
VistaPath Biosystems
Jun 2022Participated
$4 MSeed
23
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Insights

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Deal Distribution

First Star Ventures: 23 funding rounds are recorded in the selected participation categories.All available history.
First Star Ventures: 23 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed211
Series A05
Other Equity14

Monthly Deal Activity

First Star Ventures: 23 deals are recorded across 108 months.All available history.
First Star Ventures: 23 deals are recorded across 108 months. All available history
MonthDeals
Nov '171
Dec '170
Jan '180
Feb '181
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '181
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '192
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '201
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '211
Jul '210
Aug '210
Sep '210
Oct '210
Nov '212
Dec '210
Jan '220
Feb '220
Mar '220
Apr '221
May '220
Jun '222
Jul '222
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '231
Apr '230
May '231
Jun '231
Jul '230
Aug '230
Sep '230
Oct '231
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '241
Jun '240
Jul '240
Aug '240
Sep '240
Oct '241
Nov '240
Dec '240
Jan '251
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '251
Nov '251
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

First Star Ventures: Health & Life Sciences is the largest displayed sector by deal count (7 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

First Star Ventures: Health & Life Sciences is the largest displayed sector by deal count (7 deals). All available history
SectorDeals
Health & Life Sciences7
Space & Frontier Tech6
Enterprise Software5
Clean Energy & Sustainability5
Networks, Cloud & Communication4
AI & Machine Learning4
Food & Agriculture3
Real Estate & Construction2
Hardware & Robotics2
Developer Tools2
Travel & Hospitality1
Cybersecurity & Privacy1
E-Commerce & Retail1
Data, Analytics & IT1
Transportation & Logistics1
Consumer & Lifestyle1
Crypto & Blockchain1

Deal Size Distribution

First Star Ventures: 23 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

First Star Ventures: 23 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M10
$5M-$10M8
$10M-$25M4
$25M-$50M1
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

First Star Ventures: United States has the largest recorded deal count among the displayed regions (17 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

First Star Ventures: United States has the largest recorded deal count among the displayed regions (17 deals). All available history
RegionDeals
United States17
Canada5
Israel1
First Star Ventures: 20 co-investors are shown, with Munich Re Ventures sharing 3 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

First Star Ventures: 20 co-investors are shown, with Munich Re Ventures sharing 3 recorded deals. All available history
Co-investorShared deals
Munich Re Ventures3
Wireframe Ventures3
Cantos2
Endeavor82
Grey Sky Venture Partners2
Hikma Ventures2
Overture2
Pacific Health Ventures2
Pikas2
Powerhouse Ventures2
Redalpine2
Toba Capital2
122 West Ventures1
2048 Ventures1
2ndF1
A Capital1
Active Impact Investments1
Aera VC1
AgFunder1
Alix Ventures1

Investment Strategy

First Star Ventures: Led accounts for 13% and participating for 87% of round participation.All available history.
First Star Ventures: Led accounts for 13% and participating for 87% of round participation. All available history
CategoryDeals (count)Share (%)
Led313%
Participating2087%
First Star Ventures: Single-lead accounts for 67% and co-led for 33% of lead dynamics.All available history.
First Star Ventures: Single-lead accounts for 67% and co-led for 33% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead267%
Co-led133%

Team

Drew Volpe

Partner, Co-Founder