Third Prime
52
9M
32
10.40
15
0.37
3
- Stages of investment
- Areas of investment
Summary
Third Prime appeared to be the VC, which was created in 2016. The company was established in North America in United States. The main office of represented VC is situated in the New York.
The fund has no exact preference in a number of founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little. Among the various public portfolio startups of the fund, we may underline Bench, Climb Credit, For Days For fund there is a match between the location of its establishment and the land of its numerous investments - United States. Among the most successful fund investment fields, there are Finance, SaaS. Besides, a startup needs to be aged 2-3 years to get the investment from the fund.
The standard case for the fund is to invest in rounds with 6-7 partakers. Despite the Third Prime, startups are often financed by Techstars, Primary Venture Partners, Contour Venture Partners. The meaningful sponsors for the fund in investment in the same round are Valar Ventures, The Gramercy Fund, Rosecliff Ventures. In the next rounds fund is usually obtained by Valar Ventures, Primary Venture Partners, Lux Capital.
The fund is constantly included in 2-6 deals per year. Deals in the range of 10 - 50 millions dollars are the general things for fund. The high activity for fund was in 2019. The real fund results show that this VC is 13 percentage points more often commits exit comparing to other companies. When the investment is from Third Prime the average startup value is 50-100 millions dollars.
The current fund was established by Keith Hamlin, Wes Barton. Besides them, we counted 10 critical employees of this fund in our database.
Investments analytics
Analytics
- Total investments
- 52
- Lead investments
- 15
- Exits
- 3
- Rounds per year
- 10.40
- Follow on index
- 0.37
- Investments by industry
- FinTech (14)
- Financial Services (14)
- Software (10)
- Health Care (7)
- Information Technology (6) Show 78 more
- Investments by region
-
- United States (50)
- Peak activity year
- 2019
- Number of Unicorns
- 1
- Number of Decacorns
- 1
Discover reliable insights
Leverage validated data, identify key contacts and secure funding opportunities for your business.Quantitative data
- Avg. startup age at the time of investment
- 5
- Avg. valuation at time of investment
- 90M
- Group Appearance index
- 0.81
- Avg. company exit year
- 5
- Strategy success index
- 0.30
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Latest deals
| Company name | Deal date | Industry | Deal stage | Deal size | Location |
|---|---|---|---|---|---|
| Hua Kong TsingJiao | 18 Jul 2022 | Software, Information Technology, Cloud Computing, Database | Early Stage Venture | 30M | Beijing, Haidian, China |
| 21 Jun 2021 | Marketing, Public Relations, Journalism | Seed | 3M | United States, New York, New York | |
| Spruce Holdings | 25 May 2017 | Real Estate, Financial Services, Insurance, InsurTech, Property Insurance | Early Stage Venture | 4M | United States, New York, New York |
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