Primer.ai was founded in 2015 by Sean Gourley. The company has not publicly endorsed plans to participate in an IPO.

Primer is the developer of an AI-powered solution aimed at the defense and security industries. Along with the U.S. Government, Primer's customers include companies such as Microsoft, AT&T, Walmart, and Starbucks. In 2022 the company acquired LightTag and Yonder. Primer has raised more than $160 in venture capital funding from investors including Addition, Steadfast, Sands Capital, Lux Capital, DCVC, and Amplify Partners. The company did not disclose valuation figures following a $110 million Series C funding round in 2021.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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Can you invest in Primer pre-IPO?

Primer is a privately held company and is not publicly traded, therefore investing in Primer pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of Primer before it goes public?

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What is the pre-IPO value of my Primer shares?

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Is Primer a publicly traded company?

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To learn more about Primer potential IPO

Will Primer go IPO?

Primer has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Primer’s IPO price?

The Primer IPO price does not exist at this time, as Primer is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Primer register for Forge Markets, today.

When was Primer founded?

Primer was founded in 2015.

What is Primer funding to date?

Primer has raised $350.65MM to date.

Who are Primer’s major investors?

Lux Capital
AME Cloud Ventures
Crosslink Capital
Addition
Amplify Partners
Sands Capital

Primer Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
06/14/2023 Series D-1 $25.88MM $xx.xx $312.77MM Addition, U.S. Innovative Technology Fund
Price per Share
$xx.xx
Shares Outstanding
26,835,721
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
0.9x
Dividend Rate
11.6%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Addition, U.S. Innovative Technology Fund
06/14/2023 Series D $43.12MM $xx.xx $312.77MM Addition, U.S. Innovative Technology Fund
Price per Share
$xx.xx
Shares Outstanding
33,544,646
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
0.9x
Dividend Rate
6.5%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Addition, U.S. Innovative Technology Fund
06/22/2021 Series C-1 $2.44MM $xx.xx $540.14MM Addition, Crumpton Ventures, J2 Ventures, Sands Capital, Steadfast Capital
Price per Share
$xx.xx
Shares Outstanding
172,840
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Addition, Crumpton Ventures, J2 Ventures, Sands Capital, Steadfast Capital
06/22/2021 Series C-1 Exchange $2.44MM $xx.xx $540.14MM Addition, Crumpton Ventures, J2 Ventures, Sands Capital, Steadfast Capital
Price per Share
$xx.xx
Shares Outstanding
172,840
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
3.0x
Dividend Rate
10.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Addition, Crumpton Ventures, J2 Ventures, Sands Capital, Steadfast Capital
06/22/2021 Series C Exchange $40MM $xx.xx $540.14MM Addition, Crumpton Ventures, J2 Ventures, Sands Capital, Steadfast Capital
Price per Share
$xx.xx
Shares Outstanding
2,262,904
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
3.7x
Dividend Rate
7.4%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Addition, Crumpton Ventures, J2 Ventures, Sands Capital, Steadfast Capital
06/22/2021 Series C $40MM $xx.xx $540.14MM Addition, Crumpton Ventures, J2 Ventures, Sands Capital, Steadfast Capital
Price per Share
$xx.xx
Shares Outstanding
2,262,904
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Addition, Crumpton Ventures, J2 Ventures, Sands Capital, Steadfast Capital
11/15/2018 Series B $20.7MM $xx.xx $192.97MM Ame, Amplify, Avalon, Bloomberg Beta, Crosslink, Dcvc, In-Q-Tel, Lux Capital, Mubadala Ventures, Section 32
Price per Share
$xx.xx
Shares Outstanding
2,336,443
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ame, Amplify, Avalon, Bloomberg Beta, Crosslink, Dcvc, In-Q-Tel, Lux Capital, Mubadala Ventures, Section 32
11/15/2018 Series B Exchange $20.7MM $xx.xx $192.97MM Ame, Amplify, Avalon, Bloomberg Beta, Crosslink, Dcvc, In-Q-Tel, Lux Capital, Mubadala Ventures, Section 32
Price per Share
$xx.xx
Shares Outstanding
2,336,443
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.9x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ame, Amplify, Avalon, Bloomberg Beta, Crosslink, Dcvc, In-Q-Tel, Lux Capital, Mubadala Ventures, Section 32
10/24/2017 Series A $11.04MM $xx.xx $40.63MM Ame Cloud Ventures, Amplify Partners, Avalon Ventures, Bloomberg Beta, Crosslink Capital, Data Collective, In-Q-Tel, Lux Capital
Price per Share
$xx.xx
Shares Outstanding
4,414,208
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ame Cloud Ventures, Amplify Partners, Avalon Ventures, Bloomberg Beta, Crosslink Capital, Data Collective, In-Q-Tel, Lux Capital
01/01/2015 Series Seed $3.5MM $xx.xx $14MM Avalon Ventures, Lux Capital
Price per Share
$xx.xx
Shares Outstanding
2,893,988
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Avalon Ventures, Lux Capital
Updated on: Dec 22, 2024

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