Precursor Ventures

Pre-seed venture fund, San Francisco; founded 2015 by Charles Hudson (solo GP). ~$230M AUM (2024, pre-Fund V); Fund V closed $66M (2025); 400+ investments, 4 unicorns, 41+ exits. Pre-seed/seed, $250K-$500K checks, 75-100 investments per fund. Thesis: back overlooked / underrepresented first-time founders on potential, people-over-product. Notable exits: The Athletic (acquired by NYT), Limitless (acquired by Meta).