Next Billion Ventures

Founded 2018
Founders Christopher Schroeder Ken Toyoda Ruzgar Barisik

Overview

Unlock datapoints

Portfolio analytics

Team

Investments

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.
Total investments 9
Average round size
info
The average size of a deal this fund participated in
$10M
Portfolio companies 11
Rounds per year 3.00
Lead investments 0
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.33
Key employees 1
Stages of investment
Venture

Areas of investment

  • Marketplace
  • FinTech
  • Financial Services
  • Real Estate
  • Employee Benefits
Summary

Next Billion Ventures is the famous VC, which was founded in 2018. The main office of represented VC is situated in the Washington. The fund was located in North America if to be more exact in United States.

The fund is constantly included in 2-6 deals per year. Deals in the range of 5 - 10 millions dollars are the general things for fund. The top activity for fund was in 2019.

The fund was created by Christopher Schroeder, Ken Toyoda, Ruzgar Barisik.

For fund there is no match between the location of its establishment and the land of its numerous investments - Vietnam. Among the most successful fund investment fields, there are Service Industry, Computer. The fund has no specific favorite in a number of founders of portfolio startups. If startup sums 4 or 5+ of the founder, the chance for it to be financed is low. Among the most popular portfolio startups of the fund, we may highlight minu, Sprout Solutions, Propzy. Besides, a startup needs to be aged 4-5 years to get the investment from the fund.

The typical case for the fund is to invest in rounds with 4-5 participants. Despite the Next Billion Ventures, startups are often financed by Wavemaker Partners, Pear Ventures, Kickstart Ventures. The meaningful sponsors for the fund in investment in the same round are monashees, Vy Capital, Village Global. In the next rounds fund is usually obtained by Y Combinator.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Next Billion Ventures:
Typical Co-investors
Next Billion Ventures 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 Billion Ventures:
There are no funds here. If we find new data, we will add it here.

Funds with similar focus

Funds from United States, Washington
Funds with similar focus located in United States, Washington:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Look at other 50 related and similar funds Collapse list
Fund NameLocation
Red Sea Ventures United States, New York
BTS Investment Advisors Switzerland, Zürich
Atrapalo Spain, Barcelona
Jefferson Capital Partners United States, Mandeville
Muehlstein -
Cleveland Pacific Equity Ventures United States, Chagrin Falls
FINOVA Capital United States, Scottsdale
Transamerica Technology Finance United States, Baltimore
Stonewood Capital Management United States, Pittsburgh
Messiah Capital Japan, Minato
i.holdings Japan, Tokyo
Leading Investment & Securities Co. South Korea, Seoul
inclusion japan Japan, Shinagawa
Awin Germany, Berlin
Yodobashi camera Japan, Tokyo
Investis Group Switzerland, Zürich
KIBOW -
MicroPort (Shanghai) China, Shanghai
Worshipper Capital -
Welsh, Carson, Anderson & Stowe - Investments, Portfolio & Company Exits -

Notable deals

CompanyIndustryRoundRound SizeDateInvestorsLocation

Morada Uno

Commercial Real Estate
Property Management
Real Estate
1
$2M01 Sep 2021 Mexico, Mexico City

Bazaar Technologies

B2B
E-Commerce
Marketplace
Retail
1
$30M24 Aug 2021 Pakistan, Karachi

Trella

Marketplace
Shipping
Transportation
n/a
$30M21 Jun 2021 Egypt, Cairo

minu

Employee Benefits
Financial Services
FinTech
1
$14M03 Mar 2021 Mexico, Mexico City

Bazaar Technologies

B2B
E-Commerce
Marketplace
Retail
1
$6M19 Jan 2021 Pakistan, Karachi

Business Development
Financial Services
FinTech
Lending
1
$2M17 Apr 2020

Flat.mx

Property Development
Property Management
Real Estate
1
$4M05 Sep 2019 Mexico, Mexico City

Trella

Marketplace
Shipping
Transportation
1
$600K24 Feb 2019 Egypt, Cairo
News
Minu, the Largest Pay On Demand Player in Latin America, Raises $14 Million to Cement Financial Wellness in the Mexican Workforce

– Minu, an employee financial wellness company, today announced that it has raised $14 million in Series A funding.
– The round was led by FinTech Collective, with participation from VEF, XYZ Ventures, and FJ Labs, as well as DocuSign founder Tom Gonser and Gusto CFO Mike Dinsdale. Existing investors QED Investors, Next Billion Ventures, and Village Global also participated.
– The round includes $2.5 million of debt from Banco Sabadell Mexico. To date, Minu has raised a total of $20 million.

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 Billion Ventures?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Crunchbase icon

Content report

The following text will be sent to our editors: