FMM R1, Limited Partnership
FirstMark Capital · adviser of record: Firstmark Capital, LLC · 2020 vintage
FMM R1, Limited Partnership is a 2020 venture fund managed by FirstMark Capital, with $30mm raised (Form D, amount sold). It reported $30.4mm in gross assets at year-end 2025, 1.01x its size, against a peak of $35.7mm in 2021.
- Latest value held
- $30.4mm year-end 2025
- Peak
- $35.7mm year-end 2021
- Fund size
- $30mm Form D, amount sold
- Held vs. size
- 1.01x peak 1.19x
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $30.4mm | 1.01x | -0% over 2 yrs |
| 2023 | $30.5mm | 1.02x | -0% |
| 2022 | $30.5mm | 1.02x | -15% |
| 2021 | $35.7mm | 1.19x | +17% |
| 2020 | $30.6mm | 1.02x | – |
Other funds from FirstMark Capital
- Firstmark Capital Of IV, L.P. 2022
- Firstmark Capital VI, L.P. 2022
- Firstmark Capital VI-F, L.P. 2022
- Firstmark Capital Of IV-F, L.P. 2022
- Firstmark Capital J1, L.P. 2021
- Firstmark Capital S2, L.P. 2021
- Firstmark Capital R1, LP 2020
- Firstmark Capital V, L.P. 2019
- Firstmark Capital Of III, L.P. 2019
- Firstmark Capital Of III-F, L.P. 2019
- Firstmark Capital V-F, L.P. 2019
- Firstmark Capital S1, L.P. 2018
About these numbers
Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-4523332383. Data updated October 13, 2026.
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