What is FIRST?
Founded in 1989 and headquartered in Manchester, New Hampshire, FIRST is dedicated to fostering the next generation of innovators through engaging, hands-on programs. The organization's core mission revolves around building critical science, engineering, and technology skills among young participants, preparing them for future academic and professional pursuits. The recent enterprise-level funding underscores the growing recognition and support for FIRST's impactful educational model.
How much funding has FIRST raised?
FIRST has raised a total of $2.8M across 2 funding rounds:
Other Financing Round
$750K
Debt
$2M
Other Financing Round (2018): $750K, investors not publicly disclosed
Debt (2020): $2M led by PPP
Key Investors in FIRST
PPP
Public-Private Partnership
What's next for FIRST?
With the recent major strategic investment, FIRST is poised for accelerated growth and enhanced program delivery. The capital is expected to fuel the expansion of its mentor-based initiatives, potentially reaching a broader demographic of students and educational institutions. This strategic financing round suggests a focus on scaling operations, developing new program curricula, and strengthening its technological infrastructure to better serve its mission. The organization's long-standing commitment to STEM education, combined with this significant backing, positions FIRST for continued influence in shaping future talent.
See full FIRST company page
