# First Generation Capital

> First Generation Capital is a VC fund backing Q&A, Medical and Software. See 4 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 4
- Last investment: Nov 2023
- Lead investor: 75%
- Last updated: Aug 2026

First Generation Capital is a VC fund focused on Q&A and Medical.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Q&A | 1 | 25% |
| Medical | 1 | 25% |
| Software | 1 | 25% |
| Communities | 1 | 25% |
| Crowdsourcing | 1 | 25% |

7 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Funding Round | 1 | 25% |
| Post-IPO Debt | 1 | 25% |
| Post-IPO Equity | 1 | 25% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| ThoughtExchange | Whether you’re looking to engage ten stakeholders or a community of 10,000 people, ThoughtExchange allows leaders to drive strategic discussions at scale. Unlike meetings, ThoughtExchange ensures you’re not just hearing from the loudest voices in the room. Unlike surveys, respondents feel more comfortable answering tough questions candidly.Unlike polls, leaders receive dynamic, data-rich reports that list results according to priority and urgency. ThoughtExchange was founded in beautiful Rossland, British Columbia, but our teams enjoy working remotely from all over North America. | $13.5M |  | Nov 30, 2023 |  |
| Acerus Pharmaceuticals | Acerus Pharmaceuticals Corporation is a Canadian-based specialty pharmaceutical company focused on the commercialization and development of innovative prescription products that improve patient experience, with a primary focus in the field of men’s health. The Company commercializes its products via its own salesforce in the United States andCanada, and through a global network of licensed distributors in other territories. | $2M | Post-IPO Debt | Dec 22, 2022 |  |
| Acerus Pharmaceuticals | Acerus Pharmaceuticals Corporation is a Canadian-based specialty pharmaceutical company focused on the commercialization and development of innovative prescription products that improve patient experience, with a primary focus in the field of men’s health. The Company commercializes its products via its own salesforce in the United States andCanada, and through a global network of licensed distributors in other territories. | $15M | Post-IPO Debt | Apr 30, 2021 |  |
| Acerus Pharmaceuticals | Acerus Pharmaceuticals Corporation is a Canadian-based specialty pharmaceutical company focused on the commercialization and development of innovative prescription products that improve patient experience, with a primary focus in the field of men’s health. The Company commercializes its products via its own salesforce in the United States andCanada, and through a global network of licensed distributors in other territories. | $18M | Post-IPO Equity | Feb 21, 2020 |  |

4 of 4 investments shown.

## Co-investors
- [Voyager Capital](https://shizune.co/investors/profile/voyager-capital) — VC Fund, 2 deals together
- [HarbourVest Partners](https://shizune.co/investors/profile/harbourvest-partners) — VC Fund, 1 deal together
- [InBC Investment](https://shizune.co/investors/profile/inbc-investment) — VC Fund, 1 deal together
- [Information Venture Partners](https://shizune.co/investors/profile/information-venture-partners-2) — VC Fund, 1 deal together
- [Yaletown Partners](https://shizune.co/investors/profile/yaletown-venture-partners) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Bpifrance](https://shizune.co/investors/profile/bpifrance) — VC Fund
- [SFC Capital](https://shizune.co/investors/profile/startup-funding-club) — VC Fund
- [HTGF (High-Tech Gruenderfonds)](https://shizune.co/investors/profile/high-tech-gr%C3%BCnderfonds) — VC Fund

## FAQ

### What does First Generation Capital invest in?

First Generation Capital invests primarily in Q&A, Medical and Software startups, most often at Funding Round and Post-IPO Debt stage. Most of the 4 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did First Generation Capital last invest?

The most recent investment recorded for First Generation Capital closed in Nov 2023. Shizune tracks 4 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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