Third Prime
About Third Prime
Third Prime is a New York and Nashville-based early-stage venture capital firm founded in 2016, managing over $500 million in assets. It focuses exclusively on three intersecting "real-economy infrastructure" verticals: fintech, proptech, and crypto/blockchain.
The firm backs platforms rewiring how capital, assets, and operations move through the economy, believing technology should serve real economic activity rather than replace it. It avoids generalist approaches, consumer social media, pure gaming, and teams lacking domain expertise.
Notable portfolio companies include Latch, BlockFi, Bench, Bone, Verisoul, and Cubby, with geographic focus primarily in the U.S. and selective investments in Europe, Israel, and Asia. Third Prime frequently leads seed rounds while also participating in co-led structures.
Third Prime's investment approach emphasizes long-horizon, relationship-driven partnership and strong conviction, often following on in existing portfolio companies. Its criteria prioritize infrastructure platforms enabling paradigm shifts in fintech, proptech, and crypto over broad-market or consumer-facing bets.
People
- Wes Barton, Co-Founder & General Partner