Firstrock Capital

What is Firstrock Capital?

Firstrock Capital is a venture capital firm that focuses on the investment and growth of the world's fastest-growing tech startups. With a specialized approach, they invest in technology companies that have shown evidence of product-market-fit in the U.S. market.

Firstrock Capital not only provides funding but also offers substantial in-house expertise and resources, particularly for product and engineering aspects, to assist in scaling their portfolio companies' engineering teams in Latin America while navigating and eliminating growth obstacles.

Their team is comprised of individuals with diverse and robust backgrounds, including former serial entrepreneurs, business executives, and engineers with expertise in Data Science, Talent Relations, Marketing, Finance, Hardware and Software Engineering. Among their team members is General Partner Andres Barreto, who has an extensive history of creating, growing, investing in, and selling technology companies, and who concentrates on supporting founders through crises.

Their investment process is designed to be swift and efficient, aiming to go from initial meeting to funding within three weeks. Firstrock Capital seeks to back founders who can write software, have faced the problem they are solving, have launched their product, and are seeing market adoption in the U.S.

They provide a comprehensive support structure in areas such as Public Relations & Marketing, Business Development & Sales, Finance & Fundraising, Product & Engineering, and Executive & Technical Recruiting. In terms of investment terms, Firstrock Capital can invest up to $5 million in total in any company, limited to valuations or caps under $30 million.

They normally start with an initial investment of $50,000 with the possibility of follow-on investments in subsequent rounds. The firm's portfolio includes a diverse array of startups across different sectors such as Studio, Arthena, BotFactory, Meural, Slidebean, Swipecast, Ubidots, Forestry, Fusar, Litimetrics, Payfully, Hype, Dossier, Clipboard Health, Snappr, Kiwi Campus, and Pachama.