Precursor Ventures
Precursor Ventures last closed a fund in August 2023 — 39 months ago. By its own rhythm, that is already past its usual gap.
Precursor Ventures has raised 5 times about every 24 months. The last was Precursor Ventures V, L.P. That pointed to Aug 2025. It is 15 months past its own gap and has not filed a new fund.
Historically about 1 in 4 firms in this position filed within a year. The month is approximate — how often this is right.
Late-cycle This firm is deep enough into its last fund that a new one would not be a surprise.
Still filing with the SEC: August 2024. That is an amendment to an existing offering, not a new fund - which is what an evergreen structure looks like in this data.
- Funds on file
- 6
- Capital raised
- $209M
- Latest close
- August 2023
- Based in
- CA
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Precursor Ventures V, L.P. | August 2023 | $63M | 0001970785 ↗ |
| Precursor Ventures IV, L.P. | October 2021 | $73M | 0001887429 ↗ |
| Precursor Ventures III, L.P. | March 2020 | $18M | 0001801051 ↗ |
| Precursor Ventures Opportunity Fund I, L.P. | September 2019 | $5M | 0001784536 ↗ |
| Precursor Ventures II, L.P. | November 2017 | $25M | 0001719453 ↗ |
| Precursor Ventures I, L.P. | October 2015 | $25M | 0001653891 ↗ |
| Precursor Ventures IV-A, L.P. | October 2021 | $73M | 0001887652 ↗ |
Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.
Named on filings
Charles Hudson
What Precursor Ventures invests in
- Typical fund
- $25M median, seed to early stage
- Website
- precursorvc.com
Service providers
- Fund administrator
- Carta (7 funds)
- Auditor
- Frank Rimerman (7 funds)
From Form ADV filed by PRECURSOR VENTURES MANAGEMENT, LLC CRD 281895 ↗, latest filing March 2026, covering 7 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.
What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.
What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.
“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.