
Primetime Partners
Description
Primetime Partners is an early-stage venture capital firm based in New York, dedicated to investing in the rapidly expanding longevity economy. Co-founded by venture capital veteran Alan Patricof and entrepreneur Abby Miller Levy, the firm focuses on companies that aim to transform the quality of life for aging consumers. Their investment thesis centers on the significant demographic shift towards an older population, identifying opportunities across various sectors that cater to the needs and preferences of this demographic.
The firm's investment strategy is broad, encompassing areas such as health and wellness, financial services, caregiving, living and mobility solutions, learning and community platforms, and work and engagement initiatives. Primetime Partners launched its inaugural fund in October 2020, successfully raising $32 million to deploy into promising startups. This capital is specifically allocated to early-stage companies, typically at the Seed and Series A stages, that are innovating within the AgeTech and longevity sectors.
Primetime Partners typically writes initial checks ranging from $250,000 to $1 million, providing crucial early capital to help founders scale their ventures. With their first fund, the firm aimed to build a diversified portfolio of approximately 20 to 25 companies, demonstrating a commitment to supporting a substantial number of innovative solutions in the space. Beyond capital, the firm leverages the extensive experience and networks of its founding partners to offer strategic guidance and operational support to its portfolio companies, aiming to accelerate their growth and market penetration in this specialized yet burgeoning market.
Investor Profile
Primetime Partners has backed more than 39 startups, with 1 new investments in the last 12 months alone. The firm has led 6 rounds, about 15% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series B rounds (top funding stages).
- Majority of deals are located in United States, Canada.
- Strong thematic focus on Health Care, Financial Services, Wellness.
- Typical check size: $250K – $1M.
Stage Focus
- Seed (56%)
- Series A (28%)
- Series B (5%)
- Series C (3%)
- Series Unknown (3%)
- Pre Seed (3%)
- Angel (3%)
Country Focus
- United States (92%)
- Canada (8%)
Industry Focus
- Health Care
- Financial Services
- Wellness
- Medical
- Information Technology
- E-commerce
- Home Health Care
- Software
- Personal Health
- Elder Care
Frequently Asked Questions
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