
VENTURE CAPITAL
Bridging innovation and growth

With over 40 years of experience and over $845 million invested across various funds, First Analysis is a leading venture capital investor in B2B tech companies. Primarily investing in North America, we target entrepreneur-driven, capital-efficient companies with proven business models and demonstrable customer successes. We partner with our portfolio companies to build for successful exits in every investment we undertake. We invest $3 to $10 million, either as a lead investor or as a syndicate partner bringing valuable insights and expertise in our focus sectors.
Select portfolio companies

Gradient Cyber
gradientcyber.comCybersecurity provider of managed extended detection and response (MXDR) services
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Gradient Cyber
gradientcyber.comCybersecurity provider of managed extended detection and response (MXDR) services
Gradient Cyber is a fast-growing managed extended detection and response (MXDR) provider serving the U.S. mid-market – an underserved segment of over 300,000 organizations. The company’s proprietary XDR platform, data source flexibility, 24/7 security operations center, high-context situation reports (SitReps) and industry-leading cyber analyst to customer ratio combine to deliver excellent value for resource, expertise and budget-constrained organizations. With proven traction across 35+ market verticals, Gradient Cyber is well positioned to scale even as cybersecurity becomes increasingly complex and talent constrained.

Applied StemCell is a leading CRO/CDMO specializing in cell and gene therapy. Leveraging its proprietary TARGATT genome editing and iPSC platform, the company is dedicated to supporting clients in research, preclinical development, and clinical manufacturing for novel therapeutics. ASC is committed to offering a platform enabling significant cost reductions in cell drug development, delivering ready-to-use cell medicine, and, most importantly, saving human lives.

Sware
www.sware.comDigital validation and process automation across the healthcare, life sciences and medical device industries
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Sware
www.sware.comDigital validation and process automation across the healthcare, life sciences and medical device industries
Sware’s mission is to rescue life sciences companies from the grip of validation debt; the unpaid cost of release, testing, GxP, and business requirements. The Res_Q software platform offers a complete validation solution. Res_Q eliminates validation debt and ensures peace of mind in an increasingly complex technology ecosystem.

Dina provides digital network management and coordination solutions to help health plans and providers improve access to in-home care, long-term services and supports, and supplemental benefits. Customers use Dina’s platform to digitize their provider networks, transform coordination workflows, manage compliance reporting requirements, and collect valuable insights from the home and community. As a result, coordinators can spend more time helping people stay home safely and less time with phone calls, emails and faxes. The Dina platform has earned certified status by HITRUST for information security. In 2022, Dina was named to the Inc. 5000 list of fastest-growing companies, and CB Insights Digital Health 150 list of companies transforming healthcare with digital technology.

Kno2
kno2.comCommunication platform for exchanging patient information across patients, providers, payers and IT vendors
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Kno2
kno2.comCommunication platform for exchanging patient information across patients, providers, payers and IT vendors
Kno2 provides a communication platform that enables secure patient information exchange between healthcare providers, payers and patients. Traditional point-to-point healthcare data exchange systems omit many parties in care chains, increasing healthcare costs and hurting patient experience and outcomes, so healthcare stakeholders are under intense pressure to improve patient data exchange. Kno2’s unique platform, delivered via a channel-partner go-to-market strategy, solves this problem with a network that connects all parties.

Stamus Networks believes in a world where defenders are heroes, and a future where those they protect remain safe. As organizations face threats from well-funded adversaries, Stamus relentlessly pursues solutions that make the defender’s job easier and more impactful. As a leader in Suricata-based network security solutions, Stamus Networks helps enterprise security teams know more, respond sooner and mitigate their risk with insights gathered from cloud and on-premise network activity. The Stamus Security Platform combines the best of intrusion detection, network security monitoring, and network detection and response systems into a single solution that exposes serious and imminent threats to critical assets and empowers rapid response.

Yunu provides medical research technology and services to life sciences companies and clinical research environments that perform precision imaging assessments. Yunu’s aim is to ensure breakthrough therapies are accessible to everyone by unifying medical imaging insights and connecting clinical communities. With thousands of clinical trials relying on the platform each day, Yunu is delivering a new standard of oncology trial management.

CoolR
www.coolrgroup.comProvides advanced, end-to-end, IoT-based solutions for CPG brands and distributors
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CoolR
www.coolrgroup.comProvides advanced, end-to-end, IoT-based solutions for CPG brands and distributors
CoolR provides advanced, end-to-end, IoT-based visual AI solutions for CPG brands and retailers. CoolR helps CPGs and retailers take control of demand and ensure the right products are in the right place at the right time. CoolR’s technology monitors refrigerated, frozen, and ambient shelves, collecting data on out-of-stock opportunities, product performance and execution audits. The information is integrated with visual AI decision-making into everyday commercial execution. CoolR specializes in remote, unbiased monitoring, enabling high-performance results for sales uplift and cost reduction programs for its partners. Flexibility is a key point of differentiation – CoolR’s solution is built so that it is configurable to its clients’ way of working. Whether using cameras or smartphones to generate images, CoolR aims to integrate with current process and then suggest actions and improvements.
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