Founded in 1996 by Fred Wilson and Jerry Colonna, Flatiron Partners has a focus on funding startups in the early stages of development. They have been involved in 60 founding rounds for various internet-based companies. Although the firm ceased operations in 2001, Wilson and Colonna still manage the remaining portfolio. Flatiron Partners had notable investments in companies such as Alacra, comScore Networks, Geocities, and New York Times Digital.