First Round Capital

Josh Kopelman reflects on his decades-long partnership with Chris Fralic—from Half.com to First Round—as Chris transitions to Board Partner after 12 years at the firm.

The latest news from First Round, a venture capital firm that works with founders exclusively at the earliest stages of company building, often when all they have is an “imagine if.”

Board partners at First Round, a venture capital firm that works with founders exclusively at the earliest stages of company building, often when all they have is an “imagine if.”

The finance and administration team at First Round, a venture capital firm that works with founders exclusively at the earliest stages of company building, often when all they have is an “imagine if.”

The investing team at First Round, a venture capital firm that works with founders exclusively at the earliest stages of company building, often when all they have is an “imagine if.”

Josh Kopelman is a partner at First Round, a venture capital firm that works with founders exclusively at the earliest stages of company building, often when all they have is an “imagine if.”

First Round is a venture capital firm that works with founders exclusively at the earliest stages of company building, often when all they have is an “imagine if.”

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Sequoia-backed Catalyst raises $30 million to build AI trading agents for everyday investors. The article opens with Justin Zheng recalling a 2019 poker game with Dylan Iskandar at a conference run by economist Tyler Cowen.

Oct 2026 · FortuneNews article

Flai provides AI-powered dealership software that handles customer calls, messages, campaigns, and appointment scheduling, booking 50,000 sales and service appointments monthly. The startup works with more than 10 of the country’s top 50 dealer groups and reports 20-fold revenue growth over the past year. It raises a $27 million Series A led by Base10 Partners, with participation from Friedkin Group, Findlay Automotive, Toyota’s venture arm, Y Combinator, and First Round Capital.

Oct 2026 · TechCrunchNews article

California enacts Senate Bill 1246, requiring autonomous-vehicle companies including Tesla, Waymo, and Zoox to provide local support when robotaxis disrupt traffic or interfere with emergency responders. Signed by Governor Gavin Newsom, the law allows penalties when a vehicle blocks police or firefighters for more than 30 minutes and restricts remote drivers to U.S.-based, licensed operators. It takes effect in July 2028, with implementation details still to be set by the Department of Motor Vehicles.

Oct 2026 · TechCrunchNews article

Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, raises a $100 million Series B led by Sequoia at a $2 billion valuation. The financing comes five months after its $100 million Series A at a $740 million valuation and brings the company’s total capital raised to $230 million. Parallel provides web search and research APIs for AI agents, names Clay, Harvey, Notion, and Opendoor as customers, and says more than 100,000 developers use its products.

Apr 2026 · TechCrunchNews article