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Venture Capital
primary.vc

Investments

275

Portfolio Exits

37

Funds

13

About Primary Venture Partners

Primary Venture Partners is a seed and early-stage-focused venture capital firm. Its primary areas of industry interest are the internet, telecom, digital media, medical technologies, and advanced materials. It was formerly known as High Peaks Venture Partners. It was founded in 2015 and is based in New York, New York.

Headquarters Location

30 West 21st Street 2nd Floor

New York, New York, 10010,

United States

518-720-3090

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Latest Primary Venture Partners News

A show of strength: Israeli tech leaders, representing 450 startups, open trading at NYSE

Oct 29, 2025

CTech In a powerful display of economic integration, a delegation of leading Israeli tech founders was invited on Wednesday by the New York Stock Exchange (NYSE) to ring the Opening Bell, officially commencing the trading day on Wall Street. This high-profile ceremony aimed to spotlight the deep and growing integration of Israeli innovation into New York's economic ecosystem. The event coincided with the official launch of the newly expanded database from Israeli Mapped in NY, spearheaded by founder Guy Franklin. The platform now meticulously tracks approximately 450 Israeli-founded startups operating within New York City. The mapping reveals significant areas of focus, including about 80 cybersecurity firms and 50 fintech companies, alongside dozens in digital health and real-estate technology. Furthermore, activity in Artificial Intelligence (AI) is rapidly increasing, with firms like Decart recently opening their first New York office and becoming the latest addition to the database. The data highlights a highly successful and maturing ecosystem. Roughly 40 Israeli startups headquartered in New York have been acquired in recent years. The majority of recent transactions have occurred in the cybersecurity domain, with notable examples including Wiz acquiring Gem Security and Dazz. Importantly, in all these cases, the acquiring companies were Israeli themselves, a testament to the strength and maturity of the Israeli tech ecosystem both in New York and Israel. This robust presence attracts broad investment attention; American VC firms (such as Primary Venture Partners, Bain Capital, and General Atlantic) are increasingly hiring dedicated investors, often with Israeli backgrounds, to lead their deal pipelines. Furthermore, investors are increasingly expecting founders to relocate to New York quickly after funding to ensure proximity to the American markets. The Israeli startups in NYC primarily cluster in three core zones: Midtown through Union Square, SoHo, and Wall Street. Demonstrating consistent growth in women's leadership in the local tech industry, about 10% of the companies in the database are female-founded or female-led. The ceremony took place just six days prior to the dramatic New York City mayoral election, amidst polls predicting success for the anti-Israel candidate Zohran Mamdani. Addressing the challenging political climate, Guy Franklin reassured attendees, stating: “While New York focuses on the dramatic mayoral elections, we, the Israeli entrepreneurs, continue to build, invest and grow here. Israeli innovation has already become an inseparable part of the city's economy... and it will continue to thrive well beyond Election Day.” Noam Schwartz, Co-Founder and CEO of ActiveFence, emphasized that the bell-ringing "symbolizes the enduring faith in Israeli entrepreneurship, even as the Israeli brand faces unprecedented challenges, and during a local political crisis where the basic values of the stock exchange, innovation and excellence, are being tested". Dr. Michal Tsur, Co-Founder and Co-CEO of Remepy, added that against the "backdrop of war and Israeli resilience," Israeli entrepreneurs continue to break new ground in high-tech and biotech, serving as ambassadors for the positive aspects of Israel. Other founders present included Roi Ravhon (Finout), Gil Geron (Orca), Roey Eliyahu (Salt Security), and Israel Krush (Hyro).

Primary Venture Partners Investments

275 Investments

Primary Venture Partners has made 275 investments. Their latest investment was in Teleskope as part of their Series A on November 03, 2025.

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Primary Venture Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/3/2025

Series A

Teleskope

$25M

No

2

9/22/2025

Seed VC

Circuit & Chisel

$19.2M

Yes

2

9/16/2025

Series B

TABS

$55M

No

2

9/16/2025

Series B - II

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$XXM

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10

8/19/2025

Seed VC

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$XXM

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10

Date

11/3/2025

9/22/2025

9/16/2025

9/16/2025

8/19/2025

Round

Series A

Seed VC

Series B

Series B - II

Seed VC

Company

Teleskope

Circuit & Chisel

TABS

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Amount

$25M

$19.2M

$55M

$XXM

$XXM

New?

No

Yes

No

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Co-Investors

Sources

2

2

2

10

10

Primary Venture Partners Portfolio Exits

37 Portfolio Exits

Primary Venture Partners has 37 portfolio exits. Their latest portfolio exit was Orum on July 18, 2025.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/18/2025

Acquired

$XXM

3

5/20/2025

Acquired

$XXM

3

12/30/2024

Asset Sale

$XXM

Employer.com

3

10/28/2024

Acquired - II

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$XXM

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10

1/11/2024

Acquired

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$XXM

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10

Date

7/18/2025

5/20/2025

12/30/2024

10/28/2024

1/11/2024

Exit

Acquired

Acquired

Asset Sale

Acquired - II

Acquired

Companies

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Valuation

$XXM

$XXM

$XXM

$XXM

$XXM

Acquirer

Employer.com

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Sources

3

3

3

10

10

Primary Venture Partners Fund History

13 Fund Histories

Primary Venture Partners has 13 funds, including Primary Venture Partners Fund IV.

Closing Date

Fund

Fund Type

Status

Amount

Sources

5/16/2023

Primary Venture Partners Fund IV

$30M

1

2/24/2021

Primary Venture Partners III

$150M

1

2/24/2021

Primary Select Fund II

$50M

1

8/13/2019

Primary Select Fund I

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$XXM

10

10/31/2018

PVP Fund II LP

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$XXM

10

Closing Date

5/16/2023

2/24/2021

2/24/2021

8/13/2019

10/31/2018

Fund

Primary Venture Partners Fund IV

Primary Venture Partners III

Primary Select Fund II

Primary Select Fund I

PVP Fund II LP

Fund Type

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Status

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Amount

$30M

$150M

$50M

$XXM

$XXM

Sources

1

1

1

10

10

Primary Venture Partners Team

17 Team Members

Primary Venture Partners has 17 team members, including current Founder, General Partner, Benjamin Sun.

Name

Work History

Title

Status

Benjamin Sun

Founder, General Partner

Current

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Name

Benjamin Sun

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Work History

Title

Founder, General Partner

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Status

Current

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