NEXT Canada

Type

Non-Profit

Status

Active

Location

Toronto, Canada

Total investments

351

Average round size

51K

Portfolio companies

325

Rounds per year

25.07

Lead investments

4

Follow on index

0.07

Exits

12

Stages of investment
Seed
Areas of investment
E-CommerceInternetSoftwareInformation TechnologyArtificial IntelligenceMachine LearningHealth CareSaaSEducationComputer

Summary

NEXT Canada is the famous VC, which was founded in 2010. The main office of represented VC is situated in the Toronto. The company was established in North America in Canada.

The current fund was established by Ajay Agrawal, Claudia Hepburn, Reza Satchu, Tim Hodgson.

We can highlight the next thriving fund investment areas, such as Mobile, Health Care. Among the most popular portfolio startups of the fund, we may highlight Revlo, Kira Talent, Bridgit. Moreover, a startup needs to be at the age of 1 and less years to get the investment from the fund. For fund there is a match between the location of its establishment and the land of its numerous investments - Canada. The fund has specific favorite in a number of founders of portfolio startups.

The important activity for fund was in 2013. Despite it in 2019 the fund had an activity. The usual things for fund are deals in the range of 100 thousands - 1 million dollars. The higher amount of exits for fund were in 2018. The real fund results show that this VC is 12 percentage points less often commits exit comparing to other companies. The fund is constantly included in 2-6 deals per year. This NEXT Canada works on 17 percentage points less the average amount of lead investments comparing to the other organizations. The typical startup value when the investment from NEXT Canada is 1-5 millions dollars.

The standard case for the fund is to invest in rounds with 1-2 partakers. Despite the NEXT Canada, startups are often financed by Velocity, Creative Destruction Lab, Techstars. The meaningful sponsors for the fund in investment in the same round are Hedgewood, Anthony Lacavera, Y Combinator. In the next rounds fund is usually obtained by Creative Destruction Lab, SOSV, Roger Martin.

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Investments analytics

Analytics

Total investments
351
Lead investments
4
Exits
12
Rounds per year
25.07
Follow on index
0.07
Investments by industry
  • Software (92)
  • Artificial Intelligence (76)
  • Machine Learning (56)
  • Health Care (55)
  • Information Technology (48)
  • Show 283 more
Investments by region
  • Canada (332)
  • United States (12)
  • Germany (1)
  • Australia (1)
Peak activity year
2020
Number of Unicorns
3
Number of Decacorns
3

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Quantitative data

Avg. startup age at the time of investment
6
Avg. valuation at time of investment
22M
Group Appearance index
0.36
Avg. company exit year
4
Avg. multiplicator
0.72
Strategy success index
0.50

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Latest deals

Company name Deal date Industry Deal stage Deal size Location
OTI Lumionics 01 Jan 2014 Manufacturing, Electronics, Lighting Seed Ontario, Old Toronto, Canada
SingleKey 01 Jan 2020 Real Estate, Rental Seed Ontario, Old Toronto, Canada

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Later, our team of analysts takes it further with manual verification, using proprietary tools for data cleaning and validation to ensure accuracy and reliability. We cross-check and enhance our findings through press and media monitoring, integrating information from trusted news outlets and venture capital aggregators. Finally, we stay ahead of the curve by monitoring social networks like LinkedIn and X.com.