Next Coast Ventures

Summary

In 2015 was created Next Coast Ventures, which is appeared as VC. The main office of represented VC is situated in the Austin. The fund was located in North America if to be more exact in United States.

The usual cause for the fund is to invest in rounds with 4-5 partakers. Despite the Next Coast Ventures, startups are often financed by True Ventures, ATX Venture Partners, Techstars. The meaningful sponsors for the fund in investment in the same round are Capital Factory, True Ventures, Pathbreaker Ventures. In the next rounds fund is usually obtained by True Ventures, Pathbreaker Ventures, Goodwater Capital.

The fund was created by Michael Smerklo, Thomas Ball. Besides them, we counted 4 critical employees of this fund in our database.

For fund there is a match between the location of its establishment and the land of its numerous investments - United States. Among the various public portfolio startups of the fund, we may underline ScaleFactor, Osano, Stoplight Among the most popular fund investment industries, there are Information Technology, Software. The fund has no exact preference in some founders of portfolio startups. When startup sums 4 or 5+ of the founder, the probability for it to get the investment is little. Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund.

The higher amount of exits for fund were in 2019. The top activity for fund was in 2019. Opposing the other organizations, this Next Coast Ventures works on 25 percentage points less the average amount of lead investments. The common things for fund are deals in the range of 5 - 10 millions dollars. When the investment is from Next Coast Ventures the average startup value is 100-500 millions dollars. The real fund results show that this VC is 13 percentage points more often commits exit comparing to other companies. The fund is constantly included in 7-12 deals per year.