Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

NEXT Frontier Capital

Founders Richard Harjes Will Price

Overview

Investments

Unlock datapoints

Portfolio analytics

Team

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Need help with fundraising?

We offer an assisted fundraising option for startups

Learn more
Total investments 52
Average round size
info
The average size of a deal this fund participated in
$9M
Portfolio companies 37
Rounds per year 6.50
Lead investments 10
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.29
Exits 6
Key employees 2

Areas of investment

  • Software
  • SaaS
  • Enterprise Software
  • Internet
  • Information Technology
Summary

NEXT Frontier Capital appeared to be the VC, which was created in 2015. The fund was located in North America if to be more exact in United States. The leading representative office of defined VC is situated in the Bozeman.

This organization was formed by Will Price. We also calculated 2 valuable employees in our database.

The real fund results show that this VC is 28 percentage points more often commits exit comparing to other companies. The fund is generally included in 2-6 deals every year. The increased amount of exits for fund were in 2019. The usual things for fund are deals in the range of 5 - 10 millions dollars. The high activity for fund was in 2018. This NEXT Frontier Capital works on 15 percentage points less the average amount of lead investments comparing to the other organizations.

The standard case for the fund is to invest in rounds with 3-4 partakers. Despite the NEXT Frontier Capital, startups are often financed by Techstars, Right Side Capital Management, Millennium Technology Value Partners. The meaningful sponsors for the fund in investment in the same round are Millennium Technology Value Partners, FirstMile Ventures, Venrock. In the next rounds fund is usually obtained by Millennium Technology Value Partners, True Ventures, Toyota AI Ventures.

For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Among the most popular fund investment industries, there are SMS, Cyber Security. Among the most popular portfolio startups of the fund, we may highlight Halp, Ataata, IronCore Labs. Besides, a startup needs to be aged 4-5 years to get the investment from the fund. The fund has no specific favorite in a number of founders of portfolio startups. When startup sums 4 or 5+ of the founder, the probability for it to get the investment is little.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of NEXT Frontier Capital:
Typical Co-investors
NEXT Frontier Capital is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after NEXT Frontier Capital:

Look at other 50 related and similar funds Collapse list
Fund NameLocation
All Turtles California, San Francisco, United States
Beijing Zhidian Touzi Co., Ltd. Beijing, Beijing, China
Bravio Capital -
C.M. Capital Corporation California, Palo Alto, United States
Equentia Natural Resources -
F1 Solutions -
GaiaX Makati, Manila, Philippines
IAG Firemark Ventures Australia, New South Wales, Surry Hills
Last Call Capital -
Mando Coperation -
Mitsubishi Corporation Fashion Japan, Tokyo
Nassau Street Ventures Boston, Massachusetts, United States
Niche Capital Lagos, Lagos, Nigeria
Novo Holding Skåne County, Skane Lan, Sweden
Schurz Communications Indiana, Mishawaka, United States
Shanghai Guang Nuoyuan Chuangtou Beijing, Beijing, China
Shoe Investments -
South China Venture Capital China, Guangdong, Shenzhen
Xinjiang Buttonwood Equity Investment China, Ürümqi, Xinjiang

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

VirtualZ Computing

Software
$2M12 Dec 2023 Minneapolis, Minnesota, United States

UserEvidence

Information Technology
SaaS
Service Industry
$9M26 Sep 2023 Jackson, Wyoming, United States

Optera

CleanTech
Environmental Consulting
Sustainability
$12M11 Sep 2023 Boulder, Colorado, United States

Bonusly

Employee Benefits
Employment
Human Resources
Internet
Peer to Peer
SaaS
$18M28 Feb 2023 Boulder, Colorado, United States

BioSqueeze

Biotechnology
Mineral
Oil and Gas
$7M16 Feb 2023 Butte, Montana, United States

mpathic.ai

Apps
Artificial Intelligence
Software
$4M21 Jun 2022 Bellevue, Washington, United States

Submittable

Cloud Computing
Consulting
Enterprise Software
Publishing
SaaS
Software
$47M06 Jun 2022 Heart of Missoula, Montana, United States

Claravine

Analytics
Data Integration
Enterprise Software
Internet
Marketing Automation
SaaS
$16M16 May 2022 Provo, Utah, United States

Quiq

Customer Service
Enterprise Software
Messaging
Mobile
SaaS
SMS
Software
$25M12 Apr 2022 Bozeman, Montana, United States
News
Section Primed to Accelerate Edge as a Service Adoption with $12M Series B Raise

– Section closed $12m Series B funding.
– The financing round was led by Lumen Technologies, with additional participation from existing investors Foundry Group and Next Frontier Capital, and new investor Andreas Family Office.
– This latest influx of investment signals strong confidence in Section’s position within the potential $800 billion edge computing ecosystem.
– With this round of funding Section will continue to vigorously and deliberately pursue its mission by investing in their team and revolutionary Edge as a Service platform.

Bandwango raises $3.1M to power tourism- and experience-focused deals

– Bandwango, a startup that helps tourism bureaus sell deals, has raised $3.1m in funding.
– The funding was led by Next Frontier Capital and joined by Kickstart, Signal Peak Ventures, SaaS Ventures and Ocean Azul Partners.
– The company has built a platform called the Destination Experience Engine which is designed for “connecting businesses with communities.”
– The startup is currently focused on providing a white-label solution to its customers (rather than building a consumer deal destination of its own).

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent NEXT Frontier Capital?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 52
Average round size 9M
Rounds per year 6.50
Peak activity year 2022
Lead investments 10
Follow on index 0.29
Exits 6
Group Appearance index 0.96

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

VirtualZ Computing

Software
$2M12 Dec 2023 Minneapolis, Minnesota, United States

UserEvidence

Information Technology
SaaS
Service Industry
$9M26 Sep 2023 Jackson, Wyoming, United States

Optera

CleanTech
Environmental Consulting
Sustainability
$12M11 Sep 2023 Boulder, Colorado, United States

Bonusly

Employee Benefits
Employment
Human Resources
Internet
Peer to Peer
SaaS
$18M28 Feb 2023 Boulder, Colorado, United States

BioSqueeze

Biotechnology
Mineral
Oil and Gas
$7M16 Feb 2023 Butte, Montana, United States

mpathic.ai

Apps
Artificial Intelligence
Software
$4M21 Jun 2022 Bellevue, Washington, United States

Submittable

Cloud Computing
Consulting
Enterprise Software
Publishing
SaaS
Software
$47M06 Jun 2022 Heart of Missoula, Montana, United States

Claravine

Analytics
Data Integration
Enterprise Software
Internet
Marketing Automation
SaaS
$16M16 May 2022 Provo, Utah, United States

Quiq

Customer Service
Enterprise Software
Messaging
Mobile
SaaS
SMS
Software
$25M12 Apr 2022 Bozeman, Montana, United States
Crunchbase icon

Content report

The following text will be sent to our editors: