Precursor Ventures

Precursor Ventures is a classic pre-seed and seed-stage venture capital firm that invests in people over product at the earliest stages of the entrepreneurial journey. Founded in 2015 by Charles Hudson, the firm writes the first institutional check for the most promising software and hardware companies in North America, typically committing $250,000–$500,000 per deal with reserves for follow-on. Roughly 60% of activity targets classic pre-seed rounds (first investment of $1.5M or less), with another 25–30% in seed rounds of $2–4M. Precursor is deliberately generalist and high-volume, making 30–40 new investments per fund across B2B, B2C, consumer, enterprise, fintech, healthtech, and more. About 70% of portfolio companies are led by first-time founders. The firm is committed to backing founders who represent a wide variety of backgrounds in terms of gender, race, academic experience, and life circumstances, filling a gap for entrepreneurs who lack traditional networks or credentials.