# First Rate Ventures

First Rate Ventures is a Venture Capital based in Arlington, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Arlington, United States
- **Region:** North America
- **Address:** Arlington, VA, United States
- **Founded:** 2021
- **Assets under management:** Undisclosed
- **Website:** firstrate.com
- **LinkedIn:** https://www.linkedin.com/company/first-rate-ventures

## Regulatory record

- **Reports private funds:** No

## About

At First Rate we’ve always put serving our customers, coworkers and communities first, after more than 30 years of developing innovative WealthTech.

## Sectors

- Enterprise Software
- FinTech

## People

- Dave Stone — Co-Founder
- Trina Stone — Co-Founder

## Questions

### Who runs investment decisions at First Rate Ventures?

The firm has not publicly named a dedicated managing director or investment committee for the Ventures unit. The parent company’s co-founders, Dave and Trina Stone, are the only named principals across First Rate’s corporate materials. Their operational involvement in the venture arm’s day-to-day decisions has not been detailed.

### How does First Rate Ventures source deal flow?

First Rate Ventures benefits from the parent company’s multi-decade relationships with wealth managers, family offices, and institutions across four continents. The parent reports an average client tenure of more than 14 years, which creates a built-in distribution and intelligence network. It has not disclosed whether it syndicates deals with external GPs or operates a scout network.

### Is First Rate Ventures structured as a permanent-capital vehicle?

Yes, effectively. The parent company states it intends to remain independent and privately held, which removes standard fund-life pressures from the Ventures unit. This allows it to hold positions indefinitely without a mandated exit timeline, a structure that contrasts with most early-stage venture funds.

### Does First Rate Ventures participate in fund commitments or only direct deals?

No public information is available on whether the firm makes fund commitments. Descriptions point solely to direct early-stage investments—seed and start-up rounds in FinTech and WealthTech. There is no mention in available sources of LP commitments to third-party funds.

## Related profiles

- [First Quay Capital](https://altss.com/profile/first-quay-capital)
- [First Rays Venture Partners](https://altss.com/profile/first-rays-venture-partners)

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Last updated: 2026-06-03T20:00:00.000Z

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