Investor profile
Primary Venture Partners
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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.”
“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.”
“What unifies us at Primary is that we're all builders, not just backers.”
Team
Ben Sun
Partner, Co-CIO
Cassie Young
Partner, GTM Tech
Recent investments
| Company | Round | Size | Date |
|---|---|---|---|
| Windmill | Seed | $12m | 2026-04-28 |
| The Biological Computing Company | Seed | $25m | 2026-02 |
| Haiqu | Seed | $11m | 2026-01-13 |
| Bobyard | Series A | $35m | 2025-12-10 |
| Ply | Seed | $9m | 2025-12 |
| Circuit & Chisel | Seed | $19m | 2025-09-22 |
| Teleskope | Series A | $25m | 2025-11-03 |
| 1mind | Seed | $30m | 2025 |
Frequent co-investors
| VC firm | Deals together |
|---|---|
| Lerer Hippeau | 2 |
| Lightspeed Venture Partners | 2 |
| 8VC | 1 |
| Pear VC | 1 |
| ParaFi Capital | 1 |
| Emergence Capital | 1 |
| Avenir Growth Capital | 1 |
| Builders VC | 1 |
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