FirstMark Capital racks up $1.1bn across two funds

• FirstMark launched in 2008 as a spin-off from Pequot Capital Management
• Its founders are Amish Jani and Rick Heitzmann
• FirstMark’s investments include Airbnb, Pinterest, Shopify, DraftKings, Upwork and Ro

New York City-based venture firm FirstMark Capital has raised about $1.1 billion across its sixth flagship fund and its fourth opportunity fund, according to a blog post on the site.

FirstMark Capital VI will invest in early-stage consumer and enterprise technology companies while FirstMark Capital Opportunity Fund IV will help accelerate breakout companies in their growth phase.

FirstMark launched in 2008 as a spin-off from Pequot Capital Management. Its founders are Amish Jani and Rick Heitzmann.

FirstMark’s investments include Airbnb, Pinterest, Shopify, DraftKings, Upwork and Ro.