Unlike many VC firms that require a "warm intro," Precursor Ventures is known for its open-door policy. Founders can pitch them directly through their website. They accept pitches and invest on a rolling basis throughout the year.
Eligibility
Sector Agnostic: They invest in a wide range of industries including B2B software, consumer, fintech, and hardware.
Geography: Primarily United States and Canada, with a strong presence in the San Francisco Bay Area and NYC.
Founder Profile: They prioritize "unconventional" founders and those who might be overlooked by traditional Silicon Valley firms.
Process
Submission: Founders submit a pitch deck and basic company info via the website form.
Review: The investment team reviews every submission (they have a reputation for high responsiveness).
Meetings: If interested, they conduct 1–2 meetings to understand the founder’s vision and the market opportunity.
Quick Commitment: They aim to make decisions quickly to help founders get their first capital in the door.
What an Applicant can Obtain
Capital: A first check to get the company off the ground.
First Believer Status: Their involvement acts as a "signal" to other investors, helping the founder fill the rest of the round.
Tactical Support: Guidance on hiring the first employees, finding initial customers, and preparing for the Seed round.
Welcome to Spark XYZ
Applications for Precursor Ventures are open. We'll get you started after you sign up.