LW

Liz Wessel

Partner at First Round Capital

San Francisco, California

Invests in

Stages:

  • Min Investment:

    $100,000.00
  • Max Investment:

    $12,000,000.00
  • Target Investment:

    $3,500,000.00

Work Experience

  • Partner

    2023

    I'm a generalist investor, investing at the Seed and Pre-Seed stages across all industries and verticals. I take a founder-first approach to investing. When I was building WayUp, I lived and breathed my company for seven years. I now want to work with founders who bring that same level of intensity — the individuals who will run through walls to overcome challenges, and the ones who understand the problem they’re solving in a way that 99.9% of the population doesn’t. To the founders who decide to partner with me: I will work harder than any other investor on your cap table. That’s a guarantee. Whether it’s reviewing every sales call recording together to fine-tune your customer pitch, interviewing candidates for your earliest hires, doing fundraising pitch practices on weekends for your Series A, or anything else — I’ll be there for every moment, big or small. Because I want every founder I work with to have the deeply fulfilling entrepreneurial experience that I was so fortunate to have.

2016 - 2023

  • Angel Investor

    2016 - 2023

    Invested in 45+ startups, incl: ScaleAI, Ramp, Ro, Artera (fka WELL Health), FreeWill, Snackpass, and more (larger list is at lizwessel.com)

2022 - 2023

  • Visiting Group Partner

    2022 - 2023

    Visiting Partner for S22 and W23 batches. On maternity leave May - Aug 2023.

2014 - 2023

  • Advisor

    2022 - 2023

  • Co-Founder & CEO

    2014 - 2022

    WayUp is the go-to platform for companies to recruit and hire early career employees. I was Co-Founder and CEO of WayUp for over 7 years (from inception to exit), during which time we had thousands of customers and over 6M users. Over the course of the company, we raised over $40M in venture capital (from funds like General Catalyst, BoxGroup, Index Ventures, and more), and in 2021, we exited through a merger with Yello. As CEO of WayUp, I spent most of my 7+ years (when not with my own employees) focused on the customer side of the business -- focused on sales and customer success, with >90% of our revenue coming from enterprises (ranging from Lockheed Martin to to Cisco, Unilever, EY, Apex, and so many more). After our exit in 2021, I stayed at the merged company for 8 months to oversee a smooth transition for our employees, users and customers, then transitioned to an Advisory role when I left to join YC (one of our early investors) as a Visiting Partner.

2012 - 2014

  • Product Marketing Manager

    2013 - 2014

  • Associate Product Marketing Manager (APMM)

    2012 - 2013

2010 - 2012

  • Co-Founder and CEO (while in school)

    2010 - 2012

    This was the first business I ever started. We sold loyalty cards to students on college campuses (first at Penn) that would get them discounts around campus. You can read more here: http://goo.gl/Up1ksk PennEats was the UPenn branch, and then I franchised the business to other campuses around the country, changing the name to UniEats.

2011 - 2011

  • Marketing and Strategy Intern

    2011 - 2011

2010 - 2010

  • Private Equity Summer Analyst

    2010 - 2010

    Private Equity Summer Analyst in Tokyo

2007 - 2008

  • Campaign Intern (2007-2008)

    2007 - 2008

2007 - 2007

  • Intern on Capitol Hill for Congresswoman Rosa DeLauro

    2007 - 2007