About Third Prime
Third Prime is a venture capital firm founded in 2016. It is primarily based out of New York City, United States. As of Sep 2026, Third Prime is an active investor, having invested in 85 companies, with 2 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and High Tech. Most recently it participated in the $***** Seed round of Limited Overall, Third Prime portfolio has seen 1 unicorn, 1 IPO and 16 acquisitions including key companies like BlockFi, Latch and Petal. A lot of funds co-invest with Third Prime, with names like Gaingels sharing a substantial percentage of its portfolio. Third Prime has team of 4 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 4 more
Portfolio IPOs
Portfolio Unicorns
Third Prime's List of Top Investments
Third Prime has a portfolio of 85 companies, one of which is a Unicorn. Their most notable investments are in Kafene and Kafene.Their portfolio spans across United States, United Kingdom, Canada and 10 more locations. They have invested in Enterprise Applications, FinTech, High Tech and 26 other sectors, across stages such as Seed, Series A and 4 more. Here is the list of top investments by Third Prime:
1. BlockFi
Online platform for trading, crypto-backed loans, interest accounts, and wallets. The platform tracks all the historical transaction details and assists in tax reporting. It also offers solutions for miners, exchanges, and Crypto ATMs. Its app is available for Android and iOS users.
Key facts about BlockFi
- Founded Year: 2017
- Location: Jersey City (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $466M
- Employee Count: 179 as on Aug 31, 2026
- Investors: Fidelity Investments, Bracket Capital and 63 Others
- Latest Funding Round: Conventional Debt, Jun 22, 2022, $*****
- Highlight: Acquired
2. Latch
Provider of cloud-based smart locks for residential and commercial places. It provides users with an internet-connected or electro-mechanically engineered lock system for access control. Its product portfolio includes smart locks, guest and delivery management systems, and smart home sensors. Its locks can be operated using its mobile application, access cards, and passwords. It comprises a touch panel and a wide-angle camera.
Key facts about Latch
- Founded Year: 2014
- Location: New York City (United States)
- Annual Revenue: $50M - $100M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $153M
- Employee Count: 266 as on May 31, 2026
- Investors: Summit Partners, RRE Ventures and 32 Others
- Latest Funding Round: Series B, Aug 01, 2019, $*****
- Highlight: Public
3. Jar
Provider of a financial platform that enables users to save money in digital gold. The platform allows individuals to set aside fixed amounts on a daily, weekly, or monthly basis. Users have the flexibility to withdraw their savings as cash, receive physical gold, or invest in jewellery. By leveraging digital infrastructure, the service aims to simplify the process of building savings habits through gold accumulation.
Key facts about Jar
- Founded Year: 2021
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $66.8M
- Employee Count: 267 as on May 31, 2026
- Investors: Staenberg Venture Partners, BlackSoil and 135 Others
- Latest Funding Round: Series B, Sep 10, 2026, $*****
- Highlight: Editors' Pick
4. VALR
App-based platform for cryptocurrency trading. It uses AI and machine learning technology to validate the identity of the trader. It allows users to securely buy, store and sell cryptocurrencies.
Key facts about VALR
- Founded Year: 2018
- Location: Johannesburg (South Africa)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $55M
- Employee Count: 35 as on Aug 31, 2026
- Investors: F-Prime Capital, Third Prime and 13 Others
- Latest Funding Round: Series B, Mar 01, 2022, $*****
- Highlight: Editors' Pick
5. Inspiren
Inspiren provides services for the patient assistant. It provides an AI-based computer vision and hybrid sensing device called Augi for analyzing the interactions between providers and patients, room environmental factors, and medical equipment. The device provides real-time patient monitoring, clinical data management, patient behavioral trends analysis, reporting, and more.
Key facts about Inspiren
- Founded Year: 2016
- Location: Brooklyn (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $225M
- Employee Count: 165 as on Aug 31, 2026
- Investors: Vintage Investment Partners, Summit Partners and 12 Others
- Latest Funding Round: Series C, Sep 10, 2026, $*****
- Highlight: Editors' Pick
Third Prime's Year-on-Year Investment Trends
Third Prime has invested in 85 companies over the last 10 years, with an average of 6 new investments annually in the last 10 years. In 2025, it made 9 investments, while as of Sep 2026, it has made 3 investments in this year. Its most recent first time investment was in UnityAI and most recent follow-on round was in Limited.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 2 | 3 |
2025 | 4 | 5 | 9 |
2024 | 11 | 3 | 14 |
2023 | 9 | 4 | 13 |
2022 | 12 | 9 | 21 |
2021 | 13 | 3 | 16 |
2020 | 2 | 2 | 4 |
2019 | 3 | 2 | 5 |
2018 | 4 | 1 | 5 |
2017 | 3 | 0 | 3 |
Third Prime's Investments by Stage
Third Prime has made 28 investments in Seed stage with an average round size of $6.86M, 27 investments in Series A stage with an average round size of $14.7M and 4 investments in Series B stage with an average round size of $21M.Stage of entry | No. of Investments |
|---|---|
Seed | 28 |
Series A | 27 |
Series B | 4 |
Series D | 2 |
PE | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Third Prime's Investments by Sector
Third Prime has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Consumer, High Tech and Vertical SaaS. Notably, it has invested in 71 Tech companies, 51 Enterprise (B2B) companies, 48 Software companies and at least 38 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 37 |
FinTech | 29 |
Consumer | 13 |
High Tech | 12 |
Vertical SaaS | 11 |
Others | 81 |
Note: We have considered here, only first round of investments
Third Prime's Investments by Geography
Third Prime has made most investments in United States (49), followed by United Kingdom where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 49 |
United Kingdom | 3 |
Canada | 1 |
Denmark | 1 |
Germany | 1 |
Others | 7 |
Note: We have considered here, only first round of investments
Third Prime's recent investments
Third Prime has made 3 investments in 2026 so far. Limited and UnityAI are the latest among them.Here are the most recent investments by Third Prime:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 28, 2026 | United States | Seed | 6255 | ||
Mar 04, 2026 | United States | Series A | 9356 | ||
Feb 25, 2026 | United States | Seed | 7255 | [+1] | |
Nov 17, 2025 | United States | Seed | 4384 | ||
Nov 17, 2025 | United States | Series A | 8561 | [+3] |
Unicorns in Third Prime's Portfolio
Third Prime has 1 unicorn in its portfolio - Side. The most recent unicorn in their portfolio is Side which became a unicorn in 2021, 5 years before Third Prime first invested in it.Here is a list of unicorns in Third Prime's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
52 | Provider of online brokerage services for diversified properties | 2017 | San Francisco | Series D | xwgknvj |
IPOs and Publicly Listed companies in Third Prime's Portfolio
1 of Third Prime's portfolio company became public - Latch. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2021 at marketcap of $166MHere are Third Prime's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 07, 2021 | May 18, 2017 | Series A | 4558 |
Acquired companies in Third Prime's Portfolio
16 companies from Third Prime's portfolio have been acquired. The most recent acquisition was Monite in Jun 2026 by OakNorth Bank for $*****.Here are Third Prime's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 01, 2026 | Mar 21, 2023 | Seed | 3431 | |
Dec 30, 2024 | - | - | 1818 | |
Jun 26, 2024 | Dec 07, 2023 | Seed | 3008 | |
Apr 09, 2024 | Jan 10, 2018 | Series A | 6554 | |
Dec 05, 2023 | Oct 28, 2021 | Seed | 8078 |
Team profile of Third Prime
Third Prime has a team of 4 members including 2 Partners and 2 Venture Partners located in United States. Third Prime's team does not sit on the board of any company as of now.Here is a list of all team members in Third Prime:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Nashville | - | ||
Partner | New York City | - | ||
Venture Partner | New York City | - | ||
Venture Partner | Nashville | - |
Co-investors of Third Prime
Over the past 10 years, 711 investors have co-invested in Third Prime's portfolio companies. This includes funds and angels.
- Invested before Third Prime: Valar Ventures, Corigin Ventures and 244 others have invested in rounds before Third Prime. There are 2 companies where Valar Ventures has invested before Third Prime and 2 companies where Corigin Ventures has invested before Third Prime.
- Top Co-investors of Third Prime: 309 investors entered a company along with Third Prime. These include investors like Gaingels (6 companies).
- Invested after Third Prime: A total of 156 investors have invested in Third Prime's portfolio after their investments. Top Investors include Gaingels (3 companies), Scale Venture Partners (2 companies) and Trinity Capital (2 companies).
Recent News related to Third Prime
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Limited Raises $18.5M in Seed Funding Led by Third Prime to Scale Financial Platform for EnterprisesThe SaaS News•Sep 29, 2026•Limited, Third Prime
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UnityAI Raises $8.5M to Expand an Autonomous AI Workforce for Healthcare Operationsintelligence360•Mar 05, 2026•Company Ventures, Whistler Capital Partners, Unity, Third Prime and 4 others
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Croissant Raises $28 Million to Enhance Retailer PartnershipsRetail Technology Innovation Hub•Feb 26, 2026•Portage, Third Prime, https://shopcroissant.com, Croissant
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Beacon Therapeutics Closes Oversubscribed Series C Financing for $75M+Benzinga•Jan 08, 2026•Beacon Therapeutics, RD Fund, Goldman Sachs, Cubby and 2 others
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Verisoul Secures $8.8M Series A FinancingMassinvestor•Dec 16, 2025•Lookout Ventures, Third Prime, High Alpha, BITKRAFT Ventures and 2 others
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Bone AI bags $12M seed round to build autonomous vehicles for defenseTechCrunch+•Nov 17, 2025•KOLON, Third Prime
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Inspiren Raises $100M Series B to Lead Senior Living's AI-Driven FuturePR Newswire•Sep 25, 2025•Inspiren, Insight Partners, Avenir Growth Capital, Third Prime and 8 others
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Alternative Payments Expands Internationally with Canadian LaunchCNW•Sep 18, 2025•Alternative Payments, Third Prime, MissionOG
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CalmWave Secures $4.4M to Expedite Market PenetrationHospital Management•Jun 27, 2025•CalmWave, Third Prime, Bonfire Ventures
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Fintech Limited Secures $7 Million Seed Round for Global Stablecoin Banking Platform ExpansionGlobal Fintech Series•Jun 02, 2025•Arche Capital, SevenX Ventures, Collab+Currency, North Island Ventures and 2 others
