The story so far
Anand Sambasivan (co-founder and CEO) led the team that conceived and brought PrimaryBid to market. His inspiration for starting PrimaryBid came from his 15-years in finance as an Investment Banker and Hedge Fund investor in New York and London. Here, he was able to get an inside look on why retail investors were being systematically excluded from corporate fundraisings. It was clear that the problem was a global one and a tech-enabled upgrade to process could solve it. PrimaryBid is a technology platform that allows individual investors fair access to public companies raising capital. PrimaryBid ensures that retail investors transact at the same time and at the same price as institutional investors. Through the company's long-term agreement with London Stock Exchange, they have created the infrastructure to seamlessly connect everyday investors with public companies when it matters most. PrimaryBid is a team of specialists with a shared set of principles, working to democratise capital markets and empower individual investors. OMERS Ventures invested in PrimaryBid in 2020.
OMERS First Investment