Accounting Software

First Round Capital

Check: First Round's published firm-wide initial checks are typically $1M–$7M, averaging about $3.5M; it has participated in rounds from $100K to $20M. No personal range is published for Bill.

Bill looks for pre-product-market-fit founders who reason from first principles: they decompose a complicated system to its atomic unit, find hidden leverage in overlooked mechanics, and build an unconventional solution from the inside out. His documented portfolio spans data and enterprise software, physical security, logistics, AI infrastructure, insurance claims, accounting automation, IT automation, healthcare access, robotics, and legal services.

First Round Capital

Check: No current personal check range or new-investment authority is published. Steven's official Board Partner profile emphasizes operational and board support; First Round's firm-wide check range should not be attributed to him personally.

Steven helps companies make consequential decisions quickly despite incomplete information, test the result in the real world, and learn with a beginner's mindset. His operating history spans founding, three CEO roles, product, general management, business development, sales, strategy, acquisitions, IPO-scale growth, and public boards, making his current lens broadly operational rather than a published new-investment thesis.