Fundz

Lux Capital Leads Series B Round For Primer

PRIVATEJun 02, 2022

Round Type

Series B

Greater LondonFinancial ServicesArtificial IntelligencePaymentsFintechBlockchain

Description

Primer, a AI platform for analyzing large datasets, has raised $40 million in Series B funding, according to a blog post.

Who else raised in Financial Services and Payments around the same time

Companies in the same sectors as Primer that raised within 45 days of this round, from Fundz verified event records.

  • USBC raised $80K (Seed) on July 15, 2022.
  • Global Payments Issuer Solutions raised $30M (Funding Round) on July 6, 2022.
  • Shift4 Payments raised $624K (Seed) on June 15, 2022.
  • USBC raised $255K (Seed) on June 6, 2022.
  • Innoviti raised $9.6M (Funding Round) on May 26, 2022.
  • Token.io raised $40M (Funding Round) on May 12, 2022.

Who to call at Primer, and when

A new round usually means Primer is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Primer raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Primer, from your own LinkedIn network

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Company Information

Company

Primer

Location

Greater London, England, United Kingdom

About

Primer is a London-based unified payments infrastructure provider that enables merchants to orchestrate processors, fraud tools, and payout rails through a single integration. Founded by former PayPal and Braintree executives, it offers a comprehensive layer that integrates disparate payment stacks for AI-driven payment intelligence. Established in 2020, the company's platform provides complete transaction context for automated decision-making and optimization. Primer aims to scale its operations significantly in the U.S. market.

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Fundz sees it the moment Primer raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Primer raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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