Company Overview
Third Prime is a distinguished early-stage venture capital firm with operations based in New York and Nashville. Since its establishment in 2016, Third Prime has emerged as a notable player in the venture capital sector, managing assets over $500 million. The firm is committed to strategic seed and early-stage investments, emphasizing partnerships with exceptional entrepreneurs to drive innovations within healthcare, energy, finance, and technology sectors. In recent years, Third Prime has amplified its venture into the crypto and blockchain arena through the creation of the Third Prime Crypto Fund.
Leadership and Team
Third Prime's leadership consists of industry experts with extensive expertise in finance, technology, law, and entrepreneurship:
- Keith Hamlin, Co-Founder and General Partner, holds a J.D. from Harvard Law School. He brings profound experience in mergers and acquisitions and previously managed alternative investments at Pan Am Equities before co-founding Third Prime.
- Wesley Barton, Co-Founder and General Partner, has a background in technology investment banking and law. He is an alumnus of Duke University School of Law and has previously worked in private equity and hedge funds.
- Mike Kim, General Partner, brings over a decade of experience from Valinor Management and Suvretta Capital, specializing in public and private investments.
- Jenny Bloom, General Counsel and COO, specializes in corporate law, particularly with venture-backed companies, and is a graduate of Harvard Law School.
- Jason Lee, Operating Partner, is a tech entrepreneur credited with scaling DailyPay to a $2 billion valuation and successfully exiting his latest venture, Salt Labs.
- Kristen Rooney, Head of Business Development, has extensive experience in investor relations, having held senior roles at Engle Capital and Jefferies.
Strategic Investments and Portfolio
Third Prime is recognized for its strategic investments in numerous impactful sectors. Notable investments include:
- Everstar, which leverages AI for enhancing regulatory compliance within the nuclear energy sector.
- Paywatch, a leader in providing earned wage access solutions in Southeast Asia, having recently completed their Series A round.
- Moonware, which is revolutionizing airfield operations automation.
The firm has made 171 investments and manages a portfolio of 82 companies, including one recognized as a unicorn, emphasizing early-stage opportunities that promise significant technological and operational advancements.
Financials and Assets
Third Prime manages multiple funds, with the latest being the Third Prime Crypto Fund, reflecting a strategic shift toward blockchain and cryptocurrency technologies. The firm has successfully raised a total of four funds, underlining its capacity for substantial venture capital undertakings.
Strategic Positioning
Third Prime benefits from its geographical locations in New York and Nashville. New York's role as a global financial hub provides startups in Third Prime's portfolio with access to a wealth of resources, including strategic funding, partnerships, and an extensive talent pool essential for scaling operations in competitive industries like fintech and software.
Competitive Landscape
Situated within a vibrant New York venture capital ecosystem, Third Prime distinguishes itself amidst a myriad of venture capital firms, incubators, and accelerators. Emphasizing commitment to sectors undergoing rapid technological and societal shifts, Third Prime remains at the forefront of innovation.
Contact and Networking
- LinkedIn: Third Prime has over 2,462 followers, maintaining a robust professional presence for networking.
- Inquiries:
- Founder-Related: founders@thirdprime.vc
- Investor-Related: ir@thirdprime.vc
Third Prime's strategic priorities in leveraging market dynamics in New York and Nashville present a valuable opportunity for startups seeking venture capital support and mentorship. With a focus on scalable technologies and a diverse set of industry interests, Third Prime secures its position as a pivotal player in the North American venture capital space.
