Investment Criteria | Precursor Ventures
How we invest.
Below is a quick overview of how we invest at Precursor, plus a look at a few of our current and past portfolio companies, here. If you'd like us to consider your company, please review before submitting our online form.
01Check Size & Stage
We focus on pre-seed and seed rounds of $500K or more.
- We invest in pre-seed and seed rounds in the early stages of figuring out product–market fit. When we invest, we typically write checks between $250–500K.
- We look for companies where a round will let the team answer some of the key questions around the business model, product, or market.
- We don't invest in Series A rounds as an entry point.
02Geography
We invest primarily in companies headquartered in North America (USA, Canada, and Mexico).
- We make an exception for fintech companies - we will invest globally in B2B and B2C fintech if we can get comfortable with the market dynamics.
03Sector
We are a sector-agnostic, generalist firm.
- Our portfolio spans both B2B and B2C companies. This includes hardware, robotics, deep tech, and hardtech.
- We typically don't invest in biotech or life-science companies; we don't have the scientific background to invest where science is at the core of the innovation.
04Conflicts
We hold a strict conflict-of-interest policy for new investments.
- We don't invest in companies we believe are competitive with our active portfolio companies' current plans or future aspirations.
If you or someone you know is building, we'd like to hear from you.
If your company fits the criteria above, submit it through our online form and we'll take a look.