FundedIQ
Financial Services

Primitive: Funding, Investors & Team (Sep 2026)

Primitive is an open-source protocol for decentralized options and the ethereum decentralized finance ecosystem. Primitive was founded in 2020 and is headquartered in Eugene, Oregon.

primitive.finance LinkedIn Eugene, United States 1-10 employees
Ethereum Financial Services FinTech Software B2B
Total raised
$12.0M
Rounds
2
Latest
Series A
Aug 2022

Primitive has raised $12.0M across 2 funding rounds on record, the most recent a Series A of $9.0M announced in Aug 2022.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Primitive Company Profile and Key Stats

Total funding raised
$12.0M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series A
$9.0M in Aug 2022
Employees
1-10
reported band
Headquarters
Eugene, United States

Latest funding round on record: Aug 2022.

Primitive Funding Rounds

Date
Round
Amount
Series A
$9.0M
Undisclosed round
$3.0M

Primitive raised $3.0M in an undisclosed round announced in Jun 2021.

1.2 years later, a Series A of $9.0M was announced in Aug 2022.

Primitive Founders and Leadership Team

Name
Role
Contact
Alexander Angel
Founder

No contact details are on record for this team yet.

Primitive Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
29,722
$7.5M
8,352
$15M

Primitive's latest round of $9.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Primitive Funding FAQs

What does Primitive do?

Primitive is an open-source protocol for decentralized options and the ethereum decentralized finance ecosystem. Primitive was founded in 2020 and is headquartered in Eugene, Oregon.

How much funding has Primitive raised?

Primitive has raised $12.0M across 2 rounds on record. The most recent is a Series A of $9.0M announced in Aug 2022.

When did Primitive last raise funding?

Primitive's most recent funding round on record is a Series A of $9.0M, announced in Aug 2022.

Who founded Primitive?

FundedIQ lists Alexander Angel (Founder) at Primitive.

Where is Primitive headquartered?

Primitive is based in Eugene, Oregon, United States.

How many employees does Primitive have?

Primitive is in the 1-10 employee band.

How does Primitive's funding compare to other Financial Services startups?

Primitive's latest round of $9.0M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Primitive Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Primitive is left off this page rather than filled in.

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