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

SWIFT Strengthens Blockchain-Based Shared Ledger for Real Transactions This Year

The financial messaging service aims to integrate blockchain technology in operations.Highlights: SWIFT plans to launch a blockchain-based shared...

Nium Launches Dual-Network Stablecoin Card Issuance Platform

New platform aims to streamline stablecoin card issuance and enhance user experience.Highlights: Nium unveils a new platform for...

Wise Launches UK Current Accounts, Expanding Financial Services

The new accounts aim to simplify banking for UK customers.Highlights: Wise introduces current accounts to UK market.The new...

Lloyds Bank Strengthens Research on AI Impact in Software Engineering

The collaboration aims to explore the future of technology in banking.Highlights: Lloyds Bank partners with the University of...