Third Prime

Third Prime is a New York-based early-stage venture capital firm with a distinct focus on the evolving landscapes of Financial Technology (FinTech) and Industrial Technology. Established to identify and back transformative companies, the firm primarily invests in Seed and Series A funding rounds, seeking to partner with founders who are building disruptive solutions in these critical sectors. Their strategic approach emphasizes deep engagement with portfolio companies, leveraging their expertise to support growth from the ground up.

The firm has built a robust portfolio, demonstrating a consistent commitment to its investment thesis. As of late 2023, Third Prime has made over 60 investments across various innovative startups within its target industries, often taking a lead investor role in these early-stage rounds. Their investment strategy is geared towards identifying companies with strong foundational technology and significant market potential, aiming to foster long-term value creation.

Third Prime recently announced the close of its Fourth Fund, Third Prime Fund IV, securing $100 million in capital to continue its investment activities. This latest fund underscores their continued commitment to the early-stage ecosystem. For initial investments, Third Prime typically writes first checks ranging from $1 million to $5 million, providing crucial early capital to help promising startups scale their operations and achieve key milestones. This focused investment strategy and substantial capital base position Third Prime as a significant player in the FinTech and Industrial Tech venture landscape.