# First Royalty Ventures

First Royalty Ventures is a Venture Capital based in Wilmington, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Wilmington, United States
- **Region:** North America
- **Address:** Wilmington, DE, United States
- **Founded:** 2014
- **Assets under management:** Undisclosed
- **Website:** faroyalty.com
- **LinkedIn:** linkedin.com/company/first-american-royalty-llc

## Regulatory record

- **Reports private funds:** No

## About

First Royalty Ventures is a US-based investment company headquartered in Wilmington. It employs a Venture Capital strategy.

## Sectors

- Private Credit
- Real Estate
- Infrastructure
- Healthcare Services
- Education

## Offices

- 815 Walker Street, Suite 1045, Houston, TX 77002

## People

- Carlos Rodriguez-Pastor — Founder and Principal
- Gabriela Pérez Rocchietti — Family Member

## Questions

### How does First Royalty Ventures structure its investments?

The firm uses royalty agreements — receiving a percentage of revenue from portfolio companies — rather than standard equity or debt. This provides downside protection and recurring cash flows. It also participates in PIPE transactions and early-stage equity rounds.

### What sectors does First Royalty Ventures explicitly avoid?

No public statement of excluded sectors exists. Based on its portfolio tilt, the firm has not disclosed exposure to fast-growing venture-backed technology companies or pure biotech.

## Related profiles

- [First Principles](https://altss.com/profile/first-principles)
- [First San Francisco Partners](https://altss.com/profile/first-san-francisco)

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

Canonical page: https://altss.com/profile/first-royalty-ventures

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