DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Founders First Advisors
Founders First Advisors
What would a venture fund look like if it were truly built by founders, for founders? We set out to make it happen. In 2012, we committed to always putting founders first. And, almost a decade later, we are proud to have never wavered from our promise.
name or self-description says seed
Importance
10
low
Active deployment
30
moderate
Emerging
0
low
Completeness
56
elevated
Freshness
99
high
Research priority
10
low
Identity and regulatory footprint
- Headquarters
- Hoboken, NJadviserinfo.sec.gov
- Office address
- 1100 MAXWELL LANE, UNIT 610, Hoboken, NJ, 07030adviserinfo.sec.gov
- Business phone
- 617-943-8750adviserinfo.sec.gov
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Mar 25, 2026
- Private funds reported
- 0 (0 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- unknownadviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 617-943-8750adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
17 observed deals
Stated (the firm’s website)
- Sectors
- b2b, b2c
- Stages
- pre seed, seed, early
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- seed
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 94%Restaurants 6%
lead rate n/afollow-on rate n/anew logos, 12 months 17
Funds and vehicles
0 reported
No vehicle on record yet. A fund arrives from Form ADV Schedule D 7.B.(1) or a Form D filing.
Investment team
3 current, 0 departed
Jeremy Levine
Managing partnerManaging Partner
Jeremy Levine
PartnerMember · since Nov 1, 2017
Jordan Fliegel
Platform and operationsMember And Chief Compliance Officer · since Nov 1, 2017
Investments on record
17 edges, 17 companies, 0 partner-attributed
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
16 relationships from shared deals, counted for the whole firm
Activant Capital Group LLC 1 shared · one timeKhosla Ventures, LLC 1 shared · one timeNDH Opportunity LLC 1 shared · one timeAvenir Management Company, LLC 1 shared · one timeSection Partners 1 shared · one timeStandard Crypto Management LP 1 shared · one timeA-Star Partners, LLC 1 shared · one timeHabitat Partners Management LLC 1 shared · one time137 Ventures Management, LLC 1 shared · one timeBetaworks Ventures Management, LLC 1 shared · one timePathlight Management III, LLC 1 shared · one timeZelkova Management, LLC 1 shared · one timeUpper90 1 shared · one timePlayground Global 1 shared · one timeLUX Capital Management, LLC 1 shared · one timeSJW Investments, LLC 1 shared · one time
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
2 dated events
- Sep 16, 2026Founders First Advisors: INSTITUTIONAL_VC -> SEED_FUND_MANAGER (name or self-description says seed)Classification changedClassificationInferenceno URL
- Jan 18, 2018Founders First Advisors first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 16, 2026Seed fund manager (probable, 80%, cls-1)name or self-description says seed
- Sep 12, 2026Institutional venture firm (probable, 70%, cls-1)venture manager with no reported fund assets yet (scale unknown)
Evidence
45 observations from 3 sources