First Ascent Ventures

First Ascent Ventures is a venture capital firm founded in 2015, specializing in early-stage investments in enterprise software companies within the information technology sector. The firm focuses on innovative solutions that leverage cloud computing, artificial intelligence (AI), machine learning, big data, 5G, mobility, blockchain, and the Internet of Things (IoT), with an additional emphasis on data privacy and security. First Ascent Ventures seeks outstanding entrepreneurs and management teams who value not only financial backing but also the experience and expertise of successful financial and operating executives to drive growth and achieve successful exits.

The team comprises seasoned professionals with deep experience in building and investing in significant global enterprise software companies, providing active support to scale businesses on a global stage. First Ascent Ventures Fund I, with $100 million, is fully invested, and Fund II, with $125 million, closed in August 2021. The firm is an active investor, highly focused on helping entrepreneurs scale their businesses to compete on a global stage by not only providing capital but also leveraging the collective experience of the team.

In mountaineering, a first ascent is the first successful, documented summit of a mountain by an unclimbed route. First Ascent Ventures draws a parallel between this concept and the challenges and risks involved in building a start-up technology company, emphasizing genuine exploration and the pursuit of new paths in the business landscape.