Primary Venture Partners: Closes Two Funds Totalling $200M

  • Primary Venture Partners, a venture capital firm focused exclusively on investing in New York City startups, closed two funds
  • Primary will also use this third fund to invest in the most talented founders entirely from the New York City tech ecosystem as they work to build the next generation of transformational businesses
  • In conjunction with the launch of the new funds, Primary also announced the appointment of Rebecca Price as Operating Partner and the promotion of Jason Shuman to Partner
  • She joined co-founders Ben Sun and Brad Svrluga
  • The firm recently launched the NYC Founder Guide, a free resource available to anyone looking for insights on investors to talk to and vendors to work with
  • Primary takes no equity as part of the fellowship and is starting this initiative to support founders in New York City and give them the tools and structure to launch new companies
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

PayPal Expands Stablecoin to 70 Markets, Enhancing Accessibility

PayPal's new stablecoin launch facilitates broader global access for users.Highlights: PayPal introduces stablecoin to 70 global markets.This move...

Finastra appoints Chris McClellen as Global Head of AI

McClellen aims to enhance Finastra's AI capabilities and solutions.Highlights: Finastra names Chris McClellen as Global Head of AI.McClellen...

Mastercard Strengthens Presence with $1.8 Billion BVNK Acquisition

Acquisition aims to enhance Mastercard's stablecoin capabilities.Highlights: Mastercard acquires BVNK for $1.8 billion.The deal will enhance Mastercard's stablecoin...

CFIT Strengthens Digital Identity Solutions for Businesses

New regulations aim to streamline company verification processes.Highlights: CFIT has introduced measures for improved digital identities.Changes aim to...