First In Ventures Management, Inc.
Emerging managerSEC exempt reporting adviser (private fund adviser exemption, under $150M).
- Website
- https://wearefirstin.com
- HQ
- FL
First In Ventures Management invests in security technology across advanced manufacturing, AI and data, communications and networking, cybersecurity, space, strategic systems, and unmanned systems. Its portfolio includes Cloneable, which uses AI to shadow human experts in heavy industries, SCATR, a data-in-transit security platform, and Fortastra, a builder of orbital-defense spacecraft. Renny McPherson is Managing Partner, Arthur Karell and Rebecca Gevalt are General Partners, and Jessica Nelson is a Principal. Rebecca Gevalt recently joined the firm as a general partner.
01 · Says / Does
| Tag | Says | Does |
|---|---|---|
| Stages | Not stated | Series A |
| Sectors | Cybersecurity, Data analytics, Robotics, Space, Aerospace and defense, Manufacturing | Not enough dated deals |
| Regions | Not stated | Not enough dated deals |
Says: what the firm's funds state. Does: from 3 dated deals in the last 24 months.
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| First In Patriot Smack LLC First In is a mission-driven venture capital firm investing in security technology startups across advanced manufacturing, AI and data, communications and networking, cybersecurity, space, strategic systems, and unmanned systems. It partners with founders from early innovation through scaled growth. Inferred from the firm's website | 2026 | $16.82M (Form D) | Open, writing first checks |
| First In Liberty Castelion LLC | 2026 | $23.92M (Form D) | Open, writing first checks |
| First In Patriot Castelion LLC | 2025 | $17.62M (Form D) | Open, writing first checks |
| FIRST IN CASTELION B 2024 LLC | 2024 | $9.08M (Form D) | Open, writing first checks |
| FIRST IN SCATR 2024 LLC First In is a mission-driven venture capital firm investing in security technology startups across advanced manufacturing, AI and data, communications and networking, cybersecurity, space, strategic systems, and unmanned systems. It partners with founders from early innovation through scaled growth. Inferred from the firm's website | 2024 | $6.63M (Form D) | Open, writing first checks |
| First In Ventures Fund II LP First In is a mission-driven venture capital firm investing in security technology startups across advanced manufacturing, AI and data, communications and networking, cybersecurity, space, strategic systems, and unmanned systems. It partners with founders from early innovation through scaled growth. Inferred from the firm's website | 2023 | $21.76M (Form D) | Open, writing first checks |
03 · People across funds
- Arthur Karell, General Partner
First In Patriot Smack LLC (Named on Form D); First In Liberty Castelion LLC (Named on Form D); First In Patriot Castelion LLC (Named on Form D); FIRST IN CASTELION B 2024 LLC (Named on Form D); FIRST IN SCATR 2024 LLC (Named on Form D); First In Ventures Fund II LP (Named on Form D)
- First In Ventures II LLC N/A, Issuer's General Partner.
First In Ventures Fund II LP (Named on Form D)
- Forbes McPherson, ISSUER'S MANAGING MEMBER.
First In Patriot Smack LLC (Named on Form D); First In Liberty Castelion LLC (Named on Form D); First In Patriot Castelion LLC (Named on Form D); FIRST IN CASTELION B 2024 LLC (Named on Form D); FIRST IN SCATR 2024 LLC (Named on Form D); First In Ventures Fund II LP (Named on Form D)
- Lenore Karafa, Member of Issuer's General Partner.
First In Ventures Fund II LP (Named on Form D)
- Jessica Nelson, Principal
First In Patriot Smack LLC (Team); First In Liberty Castelion LLC (Team); First In Patriot Castelion LLC (Team); FIRST IN CASTELION B 2024 LLC (Team); FIRST IN SCATR 2024 LLC (Team); First In Ventures Fund II LP (Team)
- Rebecca Gevalt, General Partner
First In Patriot Smack LLC (Team); First In Liberty Castelion LLC (Team); First In Patriot Castelion LLC (Team); FIRST IN CASTELION B 2024 LLC (Team); FIRST IN SCATR 2024 LLC (Team); First In Ventures Fund II LP (Team)
- Renny McPherson, Managing Partner
First In Patriot Smack LLC (Team); First In Liberty Castelion LLC (Team); First In Patriot Castelion LLC (Team); FIRST IN CASTELION B 2024 LLC (Team); FIRST IN SCATR 2024 LLC (Team); First In Ventures Fund II LP (Team)
04 · Recent deals
05 · Latest from the firm
- InvestmentFortastra Raises $30M Series A to Fund its Next Security Spacecraft — First InOct 8, 2026
- Team changeFirst In Expands Investment Platform with Rebecca Gevalt as General Partner — First InJul 30, 2026
- InvestmentCloneable Raises $4.6M To ‘Clone’ Expert Worker Knowledge With Agentic AI For Utilities And Infrastructure — First InApr 23, 2026
- InvestmentWhy We Invested in SCATR — First InApr 21, 2026
06 · Sources
- https://wearefirstin.com
- https://wearefirstin.com/news
- https://wearefirstin.com/
- https://wearefirstin.com/news/first-in-expands-investment-platform-with-rebecca-gevalt-as-general-partner
- https://wearefirstin.com/news/cloneable-raises-4-6m-to-clone-expert-worker-knowledge-with-agentic-ai-for-utilities-and-infrastructure
- https://wearefirstin.com/news/why-we-invested-in-scatr
- https://wearefirstin.com/news/ybmh3fxcfygsa2as0c2f2t79okt5r4
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026