vcvibes

Primary Ventures

SEC exempt reporting adviser (venture capital exemption).

HQ
NY

Primary Ventures is a venture firm whose team includes partners focused on areas such as Vertical AI, Fintech and Enterprise AI, Cybersecurity, Healthcare, Infrastructure, and Industrials. Its listed portfolio companies build AI-driven tools for finance teams, senior living facilities, construction estimating, and supply chain decision-making, among other areas.

01 · Says / Does

TagSaysDoesHistorically (to 2020)
StagesNot statedNot enough dated dealsSeed, Series A
SectorsNot statedNot enough dated dealsEcommerce, Enterprise SaaS, Consumer, Media, Fintech, Healthtech, Hardware
RegionsNot statedNot enough dated dealsNY

Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.

Historical focus (through 2020), derived from historical deal data.

YearDealsTop sectors
20052Hardware, Media
20062Energy, Media
20074Enterprise SaaS, Ecommerce, Fintech
20081Fintech
20094Enterprise SaaS, Edtech, Fintech
20103Media, Enterprise SaaS
201111Enterprise SaaS, Media, Aerospace and defense
20126Enterprise SaaS, Media, Consumer
20138Ecommerce, Consumer, Fintech
201411Ecommerce, Consumer, Enterprise SaaS
20156Construction and proptech, Data analytics, AI applications
20169Cybersecurity, Digital health, Ecommerce
201712Ecommerce, Consumer, Cybersecurity
201811Consumer, Biotech, Cybersecurity
201914Healthtech, Consumer, Fintech
20206AI applications, Biotech, Climate hardware

Stage mix over time

2010 Seed: 12010 Series A: 2102011 Seed: 22011 Series A: 32011 Series B: 3112012 Seed: 4122013 Seed: 6132014 Seed: 32014 Series A: 6142015 Seed: 42015 Series A: 12015 Series B: 1152016 Seed: 62016 Series A: 12016 Series B: 1162017 Seed: 32017 Series A: 52017 Series B: 1172018 Seed: 52018 Series A: 42018 Series B: 2182019 Seed: 82019 Series A: 42019 Series B: 12019 Growth: 1192020 Seed: 32020 Series A: 220212223242526
  • Pre-seed
  • Seed
  • Series A
  • Series B
  • Growth
Share of rounds by stage, per year. Striped years have fewer than 3 rounds.Historical focus (through 2020), derived from historical deal data.
Rounds by stage and year
YearPre-seedSeedSeries ASeries BGrowth
201001200
201102330
201204000
201306000
201403600
201504110
201606110
201703510
201805420
201908411
202003200
202100000
202200000
202300000
202400000
202500000
202600000

02 · Fund history

FundYearSizeStatus
Primary Select Fund IV, L.P.

Primary is a specialized seed-stage venture firm backing founders building things the world hasn't seen yet, at the moment before the world believes. Its focus includes vertical AI, fintech and enterprise AI, cybersecurity, and industrial systems. Inferred from the firm's website

approx. 2025$200M (Form D)Raising
PVP Fund V, L.P.

Primary is a specialized seed-stage venture firm backing founders building things the world hasn't seen yet, at the moment before the world believes. Its focus includes vertical AI, fintech and enterprise AI, cybersecurity, and industrial systems. Inferred from the firm's website

approx. 2025$415M (Form D)Raising
PVP H2, LP

Primary is a specialized seed-stage venture firm backing founders building things the world hasn't seen yet, at the moment before the world believes. Its focus includes vertical AI, fintech and enterprise AI, cybersecurity, and industrial systems. Inferred from the firm's website

2024$9M (Form D)Open, writing first checks
PVP Fund IV-A, L.P.

Primary is a specialized seed-stage venture firm backing founders building things the world hasn't seen yet, at the moment before the world believes. Its focus includes vertical AI, fintech and enterprise AI, cybersecurity, and industrial systems. Inferred from the firm's website

approx. 2023$30M to $31.24M (Form D and SEC adviser filing)Open, writing first checks
Primary Select Fund III, L.P.

Primary is a specialized seed-stage venture firm backing founders building things the world hasn't seen yet, at the moment before the world believes. Its focus includes vertical AI, fintech and enterprise AI, cybersecurity, and industrial systems. Inferred from the firm's website

approx. 2022$275M (Form D)Late investment period
PVP Fund IV, L.P.

Primary is a specialized seed-stage venture firm backing founders building things the world hasn't seen yet, at the moment before the world believes. Its focus includes vertical AI, fintech and enterprise AI, cybersecurity, and industrial systems. Inferred from the firm's website

approx. 2022$275M (Form D)Late investment period
Primary Select Fund II, L.P.2021$128.44M to $136.58M (Form D and SEC adviser filing)Follow-ons only
PVP Fund III-A, L.P.2020$30.46M to $32.17M (Form D and SEC adviser filing)Follow-ons only
PVP Fund III, L.P.2020$116.48M to $129.97M (Form D and SEC adviser filing)Follow-ons only

03 · People across funds

04 · Recent deals

No dated deals found yet.

05 · Latest from the firm

No news from the firm's website yet.

06 · Sources

  1. https://www.primary.vc
  2. https://primaryvc.typeform.com/to/mYVd8SrT
  3. https://www.primary.vc/insights
  4. https://www.primary.vc/people
  5. https://www.primary.vc/approach
  6. https://www.primary.vc/portfolio/specialization

Fund dates and sizes are from SEC Form D filings.

Last verified: Oct 28, 2026