Sigma Prime Ventures

Active

Overview

Sigma Prime Ventures is an early-stage venture capital firm based in Boston, Massachusetts, investing in technology companies focused on SaaS, cloud, mobile, disruptive technologies, and technology-enabled services.¹²³ The firm's partners bring extensive operating experience, having founded 10 companies and provided executive leadership to 10 others, with exits worth over $4.2 billion including multiple IPOs and acquisitions.²³ It primarily targets startups on the East Coast, including Boston, New York, and Atlanta, and has made 24 total investments with 15 active.¹³

History

Sigma Prime Ventures was founded in 2012 by partners with deep operating experience dating back to 1984, including Jere Doyle, John Mandile, John G. Simon, and CFO Andrea Boyer.¹²⁴ The team has collectively founded 10 companies, led 10 others to exits exceeding $4.2 billion, and as investors returned over $1 billion in gains across closed funds.²³ They have supported notable exits like Internet Security Systems (IPO), Vlingo (acquired by Nuance), and OpenPages (acquired by IBM).²

Reputation

Sigma Prime Ventures is regarded by entrepreneurs for its hands-on experience as former founders and operators, providing practical guidance to early-stage tech startups.²³ Professionals note its strong track record of over $4.2 billion in exits and $1 billion in investor gains, with focus on East Coast ecosystems.¹² No specific criticisms are documented in available sources.

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