VC firm
Precursor Ventures
Also known as Precursor Ventures I, L.P., Precursor Ventures II, L.P., Precursor Ventures III, L.P., Precursor Ventures IV A, Precursor Ventures IV, L.P., Precursor Ventures IV-A, L.P., Precursor Ventures Opportunity Fund I, L.P., Precursor Ventures Outgrowth
- Investor type
- VC
- Investing status
- Activeas of 2026-09-28Source (opens in a new tab)
- Headquarters
- San Francisco, CA, United States
- Assets under management
- $238MForm ADV private fund GAV, as of 2026-03-31Source (opens in a new tab)
- Latest fund size
- $62.6MSEC amount sold, as of 2023-07-28Source (opens in a new tab)
- Funds
- 21
- Check size
- We typically invest up to $500,000 in pre-seed and seed rounds.Source (opens in a new tab)
- Legal name
- PRECURSOR VENTURES MANAGEMENT, LLC
- precursorvc.com (opens in a new tab)
- LinkedIn (opens in a new tab)
- X (opens in a new tab)
- Team page (opens in a new tab)
Record updated 30 September 2026
About
Precursor Ventures is a pre-seed and seed stage venture capital firm that invests in a founder's first institutional round, with no traction or metrics requirements. It is a generalist firm investing across known and unknown areas of software and hardware, typically writing checks up to $500,000, and makes 30-40 new investments per year. It focuses on early-stage companies headquartered in North America (USA, Canada, and Mexico), though it will consider other geographies. Since 2015 it has partnered with over 500 founding teams.
Investment approach
- Thesis
- We have built the entire firm around a premise that helping entrepreneurs get started and scale will be our life's work.Source (opens in a new tab)
- Reserves policy
- We have reserves to participate in subsequent rounds of investment. We want to support the entrepreneurs we back through the lifecycle of the company.
- Eligibility
- We invest in early-stage companies headquartered in North America (USA, Canada, and Mexico).
- Traction requirement
- We do not have requirements for traction or metrics.
- Investing status notes
- "We make 30-40 new investments per year on average." (Philosophy page); active portfolio and alumni listings on Portfolio page.
Funds
- Precursor Ventures V, LP.
- $62.6MVintage 2023, Main fund, SEC amount sold
- Precursor Ventures Outgrowth, LP - Series 14
- $525KVintage 2022, SPV, SEC amount sold
- Precursor Ventures IV, L.P.
- $73.2MVintage 2021, Main fund, SEC amount sold
- Precursor Ventures IV-A, L.P.
- $73.2MVintage 2021, Main fund, SEC amount sold
- Precursor Ventures Outgrowth, LP - Series 8
- $1.8MVintage 2021, Main fund, SEC amount sold
- Precursor Ventures Outgrowth, LP - Series 9
- $1MVintage 2021, SPV, SEC amount sold
- Precursor Ventures Outgrowth, LP - Series 11
- $1MVintage 2021, SPV, SEC amount sold
- Precursor Ventures Outgrowth, LP - Series 12
- $775KVintage 2021, SPV, SEC amount sold
- Precursor Ventures Outgrowth, LP - Series 13
- $607KVintage 2021, SPV, SEC amount sold
- Precursor Ventures Outgrowth, LP - Series 10
- $520KVintage 2021, SPV, SEC amount sold
- Precursor Ventures III, L.P.
- $29.6MVintage 2020, Main fund, SEC amount sold
- Precursor Ventures Opportunity Fund I, L.P.
- $5.2MVintage 2019, Main fund, SEC amount sold
- More funds
- 9 more recorded
SEC registration
- Registered adviser
- PRECURSOR VENTURES MANAGEMENT, LLC
- CRD number
- 281895 (opens in a new tab)
- SEC file number
- 802-118417
- Registration
- Exempt reporting adviser
- Regulatory AUM
- $238Mas of 2026-03-31
- Private funds reported
- 21
- Principal office
- SAN FRANCISCO, CA, United States
- SEC CIK
- 1653891, 1719453, 1737669
Locations
- Headquarters
- San Francisco, United States