First Analysis Overview
- Investor Type
-
Venture Capital
- Status
-
Active
- Professionals
-
15
- Investments
-
246
- Portfolio
-
29
- Exits
-
135
First Analysis General Information
Company Description
Founded in 1981, First Analysis is a venture capital investment firm based in Chicago, Illinois. The firm seeks to invest in companies operating in segments of healthcare and technology where they do deep industry research. This firm is a Registered Investment Adviser (RIA).
Business Details
Investor Status
Trade Association
Primary Investor Type
Other Investor Types
Corporate Office
- One South Wacker Drive
- Suite 3900
- Chicago, IL 60606
- United States
First Analysis Investments & Acquisitions (246)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Lyceum | 25-Feb-2026 | Buyout/LBO | Business/Productivity Software | Product In Beta Test | ||
| TPN.health | 11-Feb-2026 | Other Healthcare Technology Systems | Generating Revenue | |||
| Cycle Labs | 09-Jan-2026 | Business/Productivity Software | Generating Revenue | |||
| SynergySuite | 19-Aug-2025 | Business/Productivity Software | Generating Revenue | |||
| Intelligent Locations | 31-Jul-2025 | Enterprise Systems (Healthcare) | Generating Revenue | |||
| Gradient Cyber | 25-Apr-2025 | Network Management Software | Generating Revenue | |||
| SmartCommerce | 15-Apr-2025 | Business/Productivity Software | Generating Revenue | |||
| SynergySuite | 07-Oct-2024 | Business/Productivity Software | Generating Revenue | |||
| RejuvenAir | 18-Sep-2024 | Later Stage VC | Therapeutic Devices | Generating Revenue | ||
| Sware | 29-Apr-2024 | Later Stage VC | Business/Productivity Software | Generating Revenue |
First Analysis Exits (135)
| Company Name | Exit Date | Exit Type | Exit Size |
|---|---|---|---|
| Dina (Other Healthcare Technology Systems) | 12-May-2026 | Buyout/LBO | |
| Scale Computing (Acquired/Merged) | 31-Jul-2025 | ||
| PCMI (Business/Productivity Software) | 14-Mar-2025 | ||
| AmpliFund | 03-Mar-2025 | ||
| VisiQuate | 01-Oct-2024 | ||
| Fleetworthy Solutions | 28-Nov-2023 | ||
| Netchex | 07-Jun-2023 | ||
| Mediant (New York) | 01-Mar-2023 | ||
| Gyrodata | 03-Feb-2023 | Merger/Acquisition | |
| Yello | 01-Jan-2023 | Merger/Acquisition |
First Analysis Fund Performance
| Fund Name | Vintage | Size | Dry Powder | DPI | RVPI | TVPI | IRR |
|---|
First Analysis Investments by Industry, Year, and Region
Investments by Industry
Investments by Year
Investments by Region
First Analysis Co-Investors (40)
| Name | With | Exits | Lead Partner | Series | Industry |
|---|---|---|---|---|---|
| Mathers Associates | 2 |
|
|
||
| Ascension Ventures |
|
|
|||
| Insight Partners (New York) |
|
|
|||
| Intersouth Partners |
|
|
|||
| Marlin Equity Partners |
|
|
First Analysis FAQs
-
What is First Analysis?
Founded in 1981, First Analysis is a venture capital investment firm based in Chicago, Illinois.
-
When was First Analysis founded?
First Analysis was founded in 1981.
-
Where is First Analysis headquartered?
First Analysis is headquartered in Chicago, IL.
-
What is First Analysis's total asset value?
First Analysis has around in total assets under management.
-
How many investments has First Analysis made?
First Analysis has made 246 investments.
-
What has First Analysis invested in?
First Analysis has made numerous investments in companies like Lyceum, TPN.health, and Cycle Labs within the Business/Productivity Software and Healthcare Technology Systems industries.
-
What has First Analysis invested in recently?
First Analysis's latest investment was on 25-Feb-2026 in Lyceum, a company within the Business/Productivity Software industry.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process
