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

Ticket size

1M€ – 5M€

Assets under management

200M€

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

Key differentiators

Small Team / Agile,Seed Specialist ,Strong Track Record,Transatlantic footprint