Predict your next investment

Venture Capital
thefirst.vc

See what CB Insights has to offer

Investments

6

Funds

1

Partners & Customers

1

About First Fund VC

First Fund VC is a Vancouver-based venture capital.

First Fund VC Headquarter Location

Vancouver, British Columbia,

Canada

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest First Fund VC News

Vetsie closes $285,000 as it looks to launch virtual vet care platform nationally

Jun 23, 2021

Calgary-based Vetsie has closed a $285,000 pre-seed round of funding as the startup gears up for the public launch of its communications platform for veterinarians. The round was led by First Fund VC, a Vancouver-based venture firm, with participation from Beuvray Ventures. Vetsie declined to disclose other contributors to the round, including angel investors. “With pet adoption spiking during COVID-19, and Vetsie already being in beta pilot tests with several vet clinics, this is a great opportunity for us to get involved early.” The round comes as Vetsie gears up for the public launch of its virtual vet care platform. The company’s offering consists of a software platform targeted toward both veterinarians and a mobile app for pet owners, allowing both parties to easily communicate and treat their pets. For vets, these tools include a monetized virtual care messaging tool, live chat with paid instant messages, an integrated payments solution, and custom scheduling. Vets can also use the platform to type up and export medical notes, touch base with clients through a care portal, and set up virtual teams. Alex Chieng, CEO and co-founder of Vetsie, told BetaKit the overarching goal is to give pet owners greater peace of mind by opening up accessibility to vet professionals. Vetsie was born last year out of Chieng’s own struggles as a pet owner in communicating with his veterinarian. Chieng noted that the pandemic was a major contributor to this problem. With pet ownership increasing as Canadians sought companionship during isolation, and public health restrictions closing many vet clinics in Canada, Chieng said the supply of vet care was simply not meeting the new demand. “That led me to this idea [that] we bank, we shop, we socialize online — why isn’t there a way that you can talk with vets, especially with your primary vet?” Chieng told BetaKit. The CEO explained that most vet communications are done in person, over the phone, or with online scheduling tools similar to Calendly. After spending some time conducting market research on the problem at hand, as well as virtual care solutions, Chieng and his team developed Vetsie. Vetsie launched in beta in Alberta and British Columbia in November, which helped Vetsie find product-market fit. Chieng now plans to launch the platform across Canada in mid-July. “The great thing about this is that we can scale it anywhere, so [the platform] will be available throughout Canada and in certain states in the US,” Chieng said.

First Fund VC Investments

6 Investments

First Fund VC has made 6 investments. Their latest investment was in Periculum Technologies as part of their Seed VC on October 10, 2021.

CBI Logo

First Fund VC Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/11/2021

Seed VC

Periculum Technologies

$0.62M

Yes

1

6/23/2021

Seed VC

Subscribe to see more

$99M

Subscribe to see more

10

Other Investors

Subscribe to see more

$99M

Subscribe to see more

10

Other Investors

Subscribe to see more

$99M

Subscribe to see more

10

Other Investors

Subscribe to see more

$99M

Subscribe to see more

10

Date

10/11/2021

6/23/2021

Round

Seed VC

Seed VC

Other Investors

Other Investors

Other Investors

Company

Periculum Technologies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$0.62M

$99M

$99M

$99M

$99M

New?

Yes

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

10

10

10

10

First Fund VC Fund History

1 Fund History

First Fund VC has 1 fund, including First Fund I.

Closing Date

Fund

Fund Type

Status

Amount

Sources

9/13/2021

First Fund I

$4.67M

1

Closing Date

9/13/2021

Fund

First Fund I

Fund Type

Status

Amount

$4.67M

Sources

1

First Fund VC Partners & Customers

1 Partners and customers

First Fund VC has 1 strategic partners and customers. First Fund VC recently partnered with Hubly Surgical on May 5, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

5/21/2021

Partner

Hubly Surgical

United States

1

Date

5/21/2021

Type

Partner

Business Partner

Hubly Surgical

Country

United States

News Snippet

Sources

1

First Fund VC Team

1 Team Member

First Fund VC has 1 team member, including current Founder, Samarth Chandola.

Name

Work History

Title

Status

Samarth Chandola

Founder

Current

Name

Samarth Chandola

Work History

Title

Founder

Status

Current

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.