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Precursor Ventures

We invest in people over product at the earliest stage of the entrepreneurial journey.

San Francisco, CA, USA

Description

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

  1. Submission: Founders submit a pitch deck and basic company info via the website form.
  2. Review: The investment team reviews every submission (they have a reputation for high responsiveness).
  3. Meetings: If interested, they conduct 1–2 meetings to understand the founder’s vision and the market opportunity.
  4. 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.