First Fund

First Fund is a Vancouver-based venture capital firm. Founded by entrepreneurs who experienced the early-stage funding gap firsthand, it aims to curb founder brain drain and help new Canadian tech startups get off the ground. The firm backs founders holistically, providing fully managed accounting and back-office support, ongoing strategy and coaching sessions to prepare for a seed round, and office space in its Gastown, Vancouver offices when needed. First Fund invests up to $250,000 as early as the pitch-deck stage across a broad range of technology sectors. Its portfolio includes Hubly, Vetsie, Klasha, Omnicart, Sif, Steam Data Suite, BuildMapper, Hubly Surgical, Stonks, Mattoboard, and MediCool Technologies. It prefers teams of at least two co-founders, including a technical founder, with drive, deep domain expertise, and grit. It favors low-burn startups that can stretch its capital for six to nine months, prioritizing sustainable unit economics and backing businesses targeting $20M to $100M exits.