Precursor Ventures

Summary

Precursor Ventures appeared to be the VC, which was created in 2015. The venture was found in North America in United States. The main office of represented VC is situated in the San Francisco.

The typical case for the fund is to invest in rounds with 5-6 participants. Despite the Precursor Ventures, startups are often financed by Y Combinator, Right Side Capital Management, NFX. The meaningful sponsors for the fund in investment in the same round are Social Capital, Bloomberg Beta, Halogen Ventures. In the next rounds fund is usually obtained by Y Combinator, NFX, Wavemaker Partners.

The typical startup value when the investment from Precursor Ventures is 5-10 millions dollars. Comparing to the other companies, this Precursor Ventures performs on 26 percentage points less the average number of lead investments. The fund is constantly included in 13-24 deals per year. Considering the real fund results, this VC is 7 percentage points less often commits exit comparing to other organizations. The top activity for fund was in 2018. Deals in the range of 1 - 5 millions dollars are the general things for fund.

We can highlight the next thriving fund investment areas, such as Information Technology, Artificial Intelligence. The fund has exact preference in a number of founders of portfolio startups. If startup sums 5+ of the founder, the chance for it to be financed is low. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Among the most popular portfolio startups of the fund, we may highlight Passport, Butterfly.ai, SafeChain. Besides, a startup needs to be aged 2-3 years to get the investment from the fund.

The current fund was established by Charles Hudson. The overall number of key employees were 3.