First Analysis

Venture Capital

B2B tech venture capital firm with 40+ years of experience investing in North America.

Chicago, United States · 11+ investments · 6 portfolio companies

Growth
Cybersecurity
Healthcare
SaaS
Headquarters
Chicago, United States
Founded
1981
AUM
$880.0M
Portfolio Companies
6
Total Investments
11
Last Investment
Aug 2025
Geographic Focus
Canada, United States

Investment Thesis

Partners with capital-efficient, entrepreneur-driven B2B tech companies with proven business models and demonstrated customer traction.

First Analysis is a Venture Capital firm based in Chicago, United States. It has made 11 investments, including SynergySuite, CoolR and VisiQuate. Focus areas include Cybersecurity and Healthcare.

Portfolio6

Co-investors20

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20 co-investors across 21 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×15 · Private Equity ×2 · Accelerator ×1 · 17 shared rounds

Investment History

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