Profile
Phirst Market Ventures is a venture capital firm based in Philadelphia, Pennsylvania, founded to support women of color entrepreneurs. The firm focuses on early-stage investments, particularly in startups with diverse management teams. Phirst Market Ventures is committed to providing integrated capital, including grants, loans, and patient equity, to help scale businesses. The firm emphasizes its mission to invest in companies that positively impact local economies along the central Atlantic coast, from Washington, DC to New York City.
The firm invests across various industries, including technology, health and beauty products, consumer goods, and SaaS. Phirst Market Ventures typically invests in pre-seed and seed stages, with check sizes ranging from $10,000 to $250,000. The firm is industry-agnostic but focuses on areas where it can add significant value. Phirst Market Ventures has invested in 12 companies led by underestimated founders and continues to actively seek new opportunities.
Notable portfolio companies include Biolatice - medical products for cornea tissue repair, Trapezium Math - a technology-free after-school math program, and Ashay - handbags and wallets focused on travel and cultural awareness.
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