Frst

About

Frst is a French Venture Capital firms dedicated exclusively to the Seed stage. Born from the spin-off of Otium Venture in 2019, it is led by Bruno Raillard and Pierre Entremont. They position themselves as "Day One" investors, often writing the very first institutional check when a startup is still just a team and a deck (or even before incorporation). Their philosophy is to be the "best partner for the first 18-24 months," helping founders reach Product-Market Fit and secure a top-tier Series A.

Key facts

Type

Venture Capital

Stages

Pre-Seed, Seed

Sectors

Agnostic, B2B, Business management software, Marketplace, Software/SaaS, Vertical SaaS, Advertising/Media, Agritech, AI & Automation, Beauty/Fashion, Blockchain/Crypto, Data & Infrastructure, Cyber & Security, Defense, Education, Energy, Fintech & Insurtech, Foodtech, Gaming, Hospitality/Tourism/Travel, Future of work/HR, Industry & Manufacturing, Legaltech/Regtech, Logistics/Supply chain, Martech, Mobility & Transportation, Proptech/Construction, Retail/Future of Commerce, Digital health

Headquarters

France

Offices

Paris,San Francisco

Geographic focus

France

Lead / Follow

Lead / co-lead

Founded

2019

Track record

• Portfolio companies: 37
• Total investments: 53
• Exits: 3
• Unicorns: 2

Notable investments in France

Pigment, Poolside, Owkin, Electra, Riot, Payfit, Doctrine