# Primitives

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/primitives

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.primitives.xyz
- Total disclosed funding: $13M
- Latest round: Series A (Aug 18, 2022)
- Investors on record: 11

## About

Based in New York, US, and founded in 2021, Primitives is the operator of a Web3 social application. In August 2024, Primitives raised USD 8 million in venture funding from unspecified investors. Primitive offers crypto-native financial instruments and market-making strategies which are built around Automated Market Makers (AMMs) and their evolving role in decentralized finance (DeFi). The tools improve the experience of using AMMs and enable users to leverage this new class of financial instruments effectively. Primitive also offers educational materials that for users to broaden their understanding of DeFi.

## Funding rounds

- Series A, Aug 18, 2022, $9M — Bain Capital, 1Confirmation, Electric Capital, Robot Ventures, Framework Ventures, Collab+Currency Management, Nascent
- Seed, May 25, 2022, $4M — Redpoint Ventures, Union Square Ventures, Harlem Capital Partners, Stellation Capital

## Investors

- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Seed
- Union Square Ventures (https://capitalatlas.ai/funds/union-square-ventures) — Seed
- Harlem Capital Partners (https://capitalatlas.ai/funds/harlem-capital-partners) — Seed
- Stellation Capital (https://capitalatlas.ai/funds/stellation-capital) — Seed
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series A
- 1Confirmation (https://capitalatlas.ai/funds/1confirmation) — Series A
- Electric Capital (https://capitalatlas.ai/funds/electric-capital) — Series A
- Robot Ventures (https://capitalatlas.ai/funds/robot-ventures) — Series A
- Framework Ventures (https://capitalatlas.ai/funds/framework-ventures) — Series A
- Collab+Currency Management (https://capitalatlas.ai/funds/collab-currency-management) — Series A
- Nascent (https://capitalatlas.ai/funds/nascent) — Series A