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Primary Venture Partners

New York City, NYUnited States (nationwide)San Francisco, CATel Aviv, IsraelB2B SaaSAI/MLFintechHealthtechCybersecurityDevtoolsEnterpriseConsumerDeep TechMarketplaces

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Investment thesis

Primary Venture Partners is a specialized, scaled seed fund that backs founders building things the world hasn't seen yet—at the moment before the crowd believes. Founded in 2015 by Brad Svrluga and Ben Sun, the firm's core thesis centers on identifying exceptional, often technical founders early and pairing capital with extraordinary operational support through the largest Portfolio Impact team of any dedicated seed investor. Primary employs a low-volume, high-conviction model—each partner makes only 2–3 investments per year after screening ~100 opportunities—across sector-specialized strategies spanning financial services, healthcare, vertical AI, infrastructure and compute, cybersecurity, consumer, go-to-market technology, and industrial evolution. What unifies Primary is a belief that 'venture capital is our business model, not our business'—the firm is in the business of helping founders. With $1.65B in AUM across five fund vintages and a 60+ person team (investors outnumbered 2:1 by operators), Primary embeds fractional executives, talent recruiters, GTM specialists, and strategic finance advisors directly into portfolio companies. The firm has historically focused on NYC but, with Fund V ($625M, closed February 2026), is actively backing founders from San Francisco to Tel Aviv, aiming to invest in 40–50 companies over three years at average check sizes of $5–10M.

Notable quotes

Venture capital is our business model not our business. We're in the business of helping founders.

Brad Svrluga · LinkedIn post (attributed to Brad Svrluga, quoted by attendee of Primary breakfast event) · 2023

I think [a fund of this size] allows you to go in and compete and bring more resources to the table to work with the best founders and opportunities.

Ben Sun · TechCrunch, 'Primary Ventures raises $625M Fund V to focus on seed investing' · 2026-02-10

What unifies us at Primary is that we're all builders, not just backers.

Brad Svrluga · primary.vc/brad-svrluga (firm website)

Team

Brad Svrluga

Managing Partner, Co-CIO

B2B SaaSEnterpriseAI/ML

Ben Sun

Partner, Co-CIO

ConsumerMarketplacesFintech

Jason Shuman

Partner, Vertical AI

AI/MLDeep Tech

Tobias Citron

Partner, Cybersecurity

CybersecurityAI/ML

Cassie Young

Partner, GTM Tech

B2B SaaSEnterprise

Sam Toole

Partner, Healthcare

HealthtechB2B SaaS

Recent investments

CompanyRoundSizeDate
WindmillSeed$12m2026-04-28
The Biological Computing CompanySeed$25m2026-02
HaiquSeed$11m2026-01-13
BobyardSeries A$35m2025-12-10
PlySeed$9m2025-12
Circuit & ChiselSeed$19m2025-09-22
TeleskopeSeries A$25m2025-11-03
1mindSeed$30m2025

Frequent co-investors

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