First Move

VC Kuala Lumpur, Malaysia · Founded 2023

First Move is a founder-led early-stage VC that invests in visionary executives and founders building scalable, tech-enabled businesses for a better future in Southeast Asia, with a focus on AI-powered solutions and consumer-centric companies.

About First Move

First Move is an early-stage venture firm with a generalist software thesis and a public footprint that does not advertise specific healthcare or AI focus areas. The firstmove.vc website and LinkedIn page indicate an active investing platform but provide no clear signal on stage discipline, check sizes, or sector preferences for founders trying to triage their pipeline. For healthcare AI founders, this is a peripheral fund in your stack: potential syndicate capital, not a lead with conviction. Plausible check sizes for funds of this profile run 100K to 750K at seed and pre-seed, supporting rounds with clearer leads. Founders building horizontal AI software where healthcare is one of several markets, or healthcare-flavored B2B SaaS with strong generalist software metrics, could open a conversation. The bar will be team, traction, and capital efficiency rather than clinical depth. Founders building regulated medtech, therapeutics, or clinical AI requiring FDA strategy and provider relationships should not approach this fund; the public profile gives no signal of that domain network. Entry path is LinkedIn direct outreach to partners with a tight, generalist-friendly pitch. Do not expect deep healthcare-specific diligence or value-add post-investment; expect a generalist read focused on standard B2B SaaS metrics. If you decide to pursue First Move, slot them as a 50K to 250K participant in a round led by a thesis-aligned investor, and avoid handing them outsized board or governance influence given the absence of demonstrated healthcare expertise.

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Healthcare AI tools backed by First Move

Tools made by companies in First Move's portfolio that we cover in the directory.

Docubee Healthcare Forms
Docubee
Documentation & Scribing
Docubee offers intelligent contract automation software for creating, managing, signing, and tracking digital contracts, with features like AI-powered generation, real-time collaboration, workflow automation, and secure eSignatures.

Portfolio companies in our directory

Other portfolio companies

Companies in First Move's portfolio not currently in our directory.

  • Welling.ai
  • Ourteam.ai
  • Shieldbase.ai
  • 3cat
  • Koppiku
  • Tjufoo
  • FinKnight
  • Notti
  • Evo Commerce
  • MalaysianPAYGAP
  • Scentses + Co

Team

Audra Pakalnyte
General Partner
Joel Neoh
Founding Partner
Steve Chin
Principal, Investor Relations

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Last updated 2026-05-06. Sourced from this fund's published materials.
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