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Sigma Prime Ventures

North America, Massachusetts, United States, Boston

Description

Sigma Prime Ventures is a well-established early-stage venture capital firm based in Boston, Massachusetts, with a long history of investing in disruptive technology companies. Founded by partners with deep operational and investment experience, the firm primarily focuses on Seed, Series A, and Series B rounds. Their investment mandate is centered on identifying and backing exceptional entrepreneurs building innovative solutions across key technology sectors.

The firm's core investment thesis revolves around software-as-a-service (SaaS), cloud computing, mobile technologies, and technology-enabled services. Sigma Prime Ventures seeks out companies that demonstrate significant market potential, strong founding teams, and a clear path to scalability. They are known for their hands-on approach, providing strategic guidance and leveraging their extensive network to support portfolio companies through critical growth phases, from product development to market expansion and talent acquisition.

Sigma Prime Ventures has a robust track record, having made over 100 investments since its inception, leading more than 30 of those rounds. Their most recent fund, Sigma Prime Ventures VI, closed in 2017 with $150 million in committed capital, underscoring their continued commitment to the early-stage technology ecosystem. The firm typically deploys initial checks ranging from approximately $500,000 for promising seed-stage ventures up to $5,000,000 for leading Series A rounds, with capacity for follow-on investments in successful portfolio companies. This flexible approach allows them to engage with companies at various points in their early development.

With a portfolio that includes numerous successful exits, exceeding 20 to date, Sigma Prime Ventures has consistently demonstrated its ability to identify and nurture high-growth potential. Their deep industry expertise and commitment to fostering innovation make them a notable player in the East Coast venture capital landscape, particularly for B2B software and tech infrastructure startups.

Investor Profile

Sigma Prime Ventures has backed more than 72 startups, with 0 new investments in the last 12 months alone. The firm has led 17 rounds, about 24% of its total and boasts 22 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series Unknown, Series C rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Canada.
  • Strong thematic focus on Software, SaaS, Analytics.
  • Typical check size: $500K – $5M.

Stage Focus

  • Series A (33%)
  • Series Unknown (25%)
  • Series C (13%)
  • Series B (11%)
  • Seed (6%)
  • Series D (6%)
  • Series E (6%)
  • Convertible Note (1%)

Country Focus

  • United States (94%)
  • United Kingdom (3%)
  • Canada (1%)

Industry Focus

  • Software
  • Saas
  • Analytics
  • Enterprise Software
  • Artificial Intelligence (Ai)
  • Information Technology
  • Machine Learning
  • Internet
  • Advertising
  • Content Marketing
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Sigma Prime Ventures frequently co-invest with?

Two Sigma Ventures
North America, New York, United States, New York
Co-Investments: 6
CRV
North America, California, United States, Palo Alto
Co-Investments: 4
Titanium Ventures
North America, California, United States, San Francisco
Co-Investments: 4
Sierra Ventures
North America, California, United States, San Mateo
Co-Investments: 4
North Bridge Venture Partners & Growth Equity
North America, Massachusetts, United States, Wellesley
Co-Investments: 4
CM
North America, Massachusetts, United States, Cambridge
Co-Investments: 6
NewSpring
North America, Pennsylvania, United States, Radnor
Co-Investments: 4
Sigma Partners
North America, Massachusetts, United States, Boston
Co-Investments: 18
Boston Seed Capital
North America, Massachusetts, United States, Boston
Co-Investments: 6
Flybridge
North America, Massachusetts, United States, Boston
Co-Investments: 7

Which angels does Sigma Prime Ventures often collaborate with?

WC
North America, New York, United States, Manhattan
Shared Deals: 1
AD
North America, California, United States, Malibu
Shared Deals: 1
TM
North America, United States
Shared Deals: 2
AV
North America, New York, United States, New York
Shared Deals: 2
TM
Europe, England, United Kingdom, London
Shared Deals: 1
JB
North America, Massachusetts, United States, Boston
Shared Deals: 1
JS
North America, Massachusetts, United States, Boston
Shared Deals: 1
RC
North America, Georgia, United States, Atlanta
Shared Deals: 2
JS
North America, California, United States, San Francisco
Shared Deals: 1
AK
North America, New York, United States, New York
Shared Deals: 1

What are some of recent deals done by Sigma Prime Ventures?

BlueConic

Boston, Massachusetts, United States

BlueConic is the operating system that puts data into action for marketing and growth doers.

AnalyticsData IntegrationData VisualizationDatabaseDigital MarketingMarketingPredictive AnalyticsReal TimeSaaSSoftware
Series UnknownJan 5, 2022
Vestorly

New York, New York, United States

Vestorly’s Content Engine enables organizations to discover, filter, and personalize the right content to the right person at the right time

AnalyticsArtificial Intelligence (AI)ContentContent MarketingEmail MarketingInformation TechnologyInternetPersonalizationSaaS
Series ADec 3, 2020
Phenom

Ambler, Pennsylvania, United States

Phenom empowers global enterprises to hire faster, develop better & retain longer with its intelligent talent experience platform.

Artificial Intelligence (AI)Human ResourcesMachine LearningRecruitingSaaSSoftware
Series CJan 16, 2020
Amount Raised: $30,000,000
BlueConic

Boston, Massachusetts, United States

BlueConic is the operating system that puts data into action for marketing and growth doers.

AnalyticsData IntegrationData VisualizationDatabaseDigital MarketingMarketingPredictive AnalyticsReal TimeSaaSSoftware
Series BJan 2, 2020
Amount Raised: $12,800,000
NS1

New York, New York, United States

NS1 is an internet company that provides accurate control over application delivery that values interaction with customers.

DevOpsInternetSoftwareWeb Hosting
Series COct 3, 2019
Amount Raised: $33,000,000
aPriori Technologies

Concord, Massachusetts, United States

aPriori Technologies is a provider of a digital manufacturing simulation software.

EnterpriseManufacturingSimulationSoftware
Series CSep 10, 2019
Amount Raised: $26,800,000
Ceros

New York, New York, United States

Ceros is a cloud-based interactive content creation platform for marketers and designers.

AdvertisingContent CreatorsContent MarketingGraphic DesignSoftware
Series CFeb 28, 2019
Amount Raised: $14,000,000
Nasuni

Boston, Massachusetts, United States

Nasuni is a cloud storage company that provides hybrid cloud-based storage and file-sharing platforms to manage file growth.

Cloud Data ServicesData StorageEnterprise SoftwareFile SharingInformation Technology
Series UnknownFeb 19, 2019
Amount Raised: $25,000,000
Phenom

Ambler, Pennsylvania, United States

Phenom empowers global enterprises to hire faster, develop better & retain longer with its intelligent talent experience platform.

Artificial Intelligence (AI)Human ResourcesMachine LearningRecruitingSaaSSoftware
Series BMay 24, 2018
Amount Raised: $22,000,000
NS1

New York, New York, United States

NS1 is an internet company that provides accurate control over application delivery that values interaction with customers.

DevOpsInternetSoftwareWeb Hosting
Series UnknownSep 7, 2017
Amount Raised: $20,000,000