Precursor Ventures, established in 2015, is a San Francisco-based venture capital firm specializing in early-stage investments. It focuses on pre-seed and seed funding for B2B and B2C software applications and hardware companies. The firm primarily invests in the San Francisco Bay Area, New York, and Toronto, with a secondary focus on other North American geographies. Precursor Ventures typically invests between $0.1 million and $0.25 million per company, aiming to make around 18 to 20 investments. The firm's investment strategy prioritizes people over product at the earliest stage of a startup's journey, and it has adopted the Diversity Term Sheet Rider to promote diversity and inclusion in its portfolio.
LetsMeet offers a scheduling platform designed to streamline the meeting planning process through a single email. This innovative software utilizes heatmapping and funnel technology to optimize efficiency, allowing users to set up and modify meetings automatically without the need for back-and-forth correspondence. The platform integrates seamlessly with email exchanges, calendars, and video conferencing services, catering to various sectors such as sales, client support, human resources, administration, and project management. By enabling clients to identify the best time for all participants, LetsMeet helps maintain organized and efficient meetings across mobile and web applications.
Scribe
Pre Seed Round in 2020
Scribe creates a searchable and shareable transcript in real-time for online meetings.
Mmhmm
Series A in 2020
Mmhmm Inc. is a developer of a virtual camera application designed to enhance video conferencing experiences. Founded in 2020 and headquartered in Bentonville, Arkansas, the company offers an innovative solution that integrates with existing video calling applications, allowing users to customize backgrounds and collaborate with remote partners seamlessly. Its platform provides an online broadcast editor, enabling users to control their presentations and engage more effectively during virtual meetings. By making video calls more creative and informative, Mmhmm aims to transform how individuals and teams communicate in a digital environment.
Mmhmm
Seed Round in 2020
Mmhmm Inc. is a developer of a virtual camera application designed to enhance video conferencing experiences. Founded in 2020 and headquartered in Bentonville, Arkansas, the company offers an innovative solution that integrates with existing video calling applications, allowing users to customize backgrounds and collaborate with remote partners seamlessly. Its platform provides an online broadcast editor, enabling users to control their presentations and engage more effectively during virtual meetings. By making video calls more creative and informative, Mmhmm aims to transform how individuals and teams communicate in a digital environment.
Bash Video
Funding Round in 2020
Bash Video is a social video conferencing platform designed to facilitate connections among people through interactive gaming experiences. The company has developed a video conferencing application that supports a wide range of group sizes, allowing users to engage in conversations while playing games. This platform incorporates encryption for enhanced security, ensuring that users can communicate safely. By focusing on social gatherings, Bash Video aims to create an environment where individuals can express themselves freely and enjoy meaningful interactions with friends and colleagues.
Patio
Funding Round in 2020
Patio is a private community platform tailored for college students, facilitating connections based on shared interests. With over 100,000 verified users, the application allows students with college email IDs to create accounts and join public or private groups. This environment promotes interaction among students, enabling them to discover social opportunities and engage in meaningful conversations through private messaging. By providing a safe and welcoming space for communication, Patio helps students, including incoming freshmen, navigate their campus life and build a sense of community.
Hall
Convertible Note in 2018
Hall operates a membership-based venue designed to foster social interactions and provide a community space for individuals to connect outside of work. Founded in 2016 and headquartered in Boston, Massachusetts, Hall offers a variety of amenities, including home-cooked meals, coffee, and a comfortable environment reminiscent of home. Members can engage in diverse experiences, from dinner conversations and book clubs to fitness activities such as yoga and running clubs. The venue also allows members to host their own events, facilitating unique gatherings that cater to shared interests. By providing a space that encourages socialization and healthy eating, Hall aims to enhance the quality of life for its members amidst their busy schedules.
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