Investor Type | Firm |
Industries | Software (Web Marketplace Saas..) • Media • Businesses Solutions • Retail (& E-Commerce) • Sales (& Marketing) • Entertainment (& Sports) • A.I. (& Big Data) • Web Security (& Privacy) • Developer tools • Online Social • Consumer • Woman Focused |
Stages | Pre-Seed, Seed, Series A |
Investing | United States • Hong Kong • Israel |
Investment Range | $100,000 - $5,000,000 |
Investment Sweet Spot | $1,500,000 |
FirstHand Alliance is a venture capital fund that focuses on investing in autonomous software companies at the inception stage. They aim to be the first supporters for entrepreneurs who are building industry-transforming B2B software. With a network of over 100 accomplished entrepreneurs and executives, they provide a robust support system for their portfolio companies. These backers are not just investors, but a proprietary group of friends offering a core value-add through their firsthand experience in building transformational companies. FirstHand Alliance's investment areas encompass a wide range of industries such as Software, Media, Business Solutions, Retail, E-Commerce, Sales, Marketing, Entertainment, Sports, AI, Big Data, Web Security, Privacy, Developer Tools, Online Social, and Consumer, with a particular focus on Woman Focused ventures. They specialize in Pre-Seed, Seed, and Series A funding rounds. The fund's investment sweet spot is $1,500,000, with a maximum investment limit of $5,000,000 and a minimum of $100,000. FirstHand Alliance prides itself on a swift and straightforward investment process, similar to that of an individual angel investor, often introducing founders to potential customers and other value-adding investors during the process. Their typical initial check size ranges from $250,000 to $500,000. The fund is forward-looking, with interests in areas like Blockchain for Businesses, the Future of Work, AI for Smart SaaS, Developer-first products, Product-led Growth, and No Code or Low Code SaaS for Digital Transformation. They are particularly keen to support companies building software that can autonomously make decisions and take action across various industries.