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Next47

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Investments

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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.

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Total investments 277
Average round size
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The average size of a deal this fund participated in
$26M
Portfolio companies 170
Rounds per year 34.62
Lead investments 54
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.38
Exits 62
Key employees 13
Stages of investment
Early Stage Venture
Late Stage Venture

Areas of investment

  • Software
  • Information Technology
  • Enterprise Software
  • Manufacturing
  • SaaS
Summary

In 2016 was created Next47, which is appeared as VC. 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 Palo Alto.

Among the most popular portfolio startups of the fund, we may highlight ChargePoint, Fair, Sila Nanotechnologies. The fund has no exact preference in some founders of portfolio startups. If startup sums 5+ of the founder, the chance for it to be financed is low. We can highlight the next thriving fund investment areas, such as Enterprise Software, Biotechnology. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Besides, a startup needs to be aged 6-10 years to get the investment from the fund.

Comparing to the other companies, this Next47 performs on 2 percentage points less the average number of lead investments. The average startup value when the investment from Next47 is 100-500 millions dollars. The fund is generally included in 7-12 deals every year. The top amount of exits for fund were in 2019. Speaking about the real fund results, this VC is 7 percentage points more often commits exit comparing to other organizations. The usual things for fund are deals in the range of 10 - 50 millions dollars. The high activity for fund was in 2014.

Besides them, we counted 13 critical employees of this fund in our database.

The standard case for the fund is to invest in rounds with 4-5 partakers. Despite the Next47, startups are often financed by Morgenthaler Ventures, Star Ventures, Rembrandt Venture Partners. The meaningful sponsors for the fund in investment in the same round are U.S. Venture Partners (USVP), TVM Capital, Star Ventures. In the next rounds fund is usually obtained by Cipio Partners, New Enterprise Associates, U.S. Venture Partners (USVP).

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Next47:
Typical Co-investors
Next47 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 Next47:

Funds with similar focus

Funds from United States
Funds with similar focus located in United States:
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:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Cord

Artificial Intelligence
Computer Vision
Machine Learning
Software
$30M13 Aug 2024 London, England, United Kingdom

Skylo

Information Technology
Internet of Things
Satellite Communication
Telecommunications
Wireless
$37M13 Feb 2024 Palo Alto, California, United States

Radiant Security

Cyber Security
Information Technology
Software
$15M14 Nov 2023 San Francisco, California, United States

TRACTIAN

B2B
Hardware
Industrial
Internet of Things
SaaS
Software
$45M07 Aug 2023 São Paulo, São Paulo, Brazil

Pando

Enterprise Software
Logistics
Supply Chain Management
$30M03 May 2023 Chennai, Tamil Nadu, India

Vitally

Analytics
B2B
Internet
SaaS
Software
$30M22 Feb 2023 New York, New York, United States

Grafbase

Developer Tools
$5M25 Oct 2022 -

DataGrail

Compliance
Legal
Privacy
SaaS
Security
$45M12 Oct 2022 San Francisco, California, United States

Avidbots

Artificial Intelligence
Computer Vision
Hardware
Robotics
Sensor
Software
$70M27 Sep 2022 Kitchener, Ontario, Canada
News
Brilliant Announces $40M Series B Financing

– Brilliant, the leading innovator in smart home control, lighting, and home automation systems, today announced a $40m Series B financing round.
– The round was led by Next47 and Celesta Capital with participation by Resideo Technologies, August Capital, Peak State Ventures, Gaingels, and Miramar Ventures.
– Founded in 2015, Brilliant’s mission is to accelerate mainstream adoption of smart home living with affordable and user-friendly home control and automation systems.

Apollo GraphQL Raises $130M in Series D Funding

– Apollo GraphQL is a San Francisco, CA-based developer of open source and commercial GraphQL API technologies.
– Series D funding was led by Insight Partners with participation from existing investors Andreessen Horowitz, Matrix Partners, Trinity Ventures, Next47 and Hatim Shafique, Chief Customer Officer at DataBricks.
– The new investment will be used to accelerate the company’s product development efforts.

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Total investments 277
Average round size 26M
Rounds per year 34.62
Peak activity year 2014
Lead investments 54
Follow on index 0.38
Exits 62
Group Appearance index 0.87

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Cord

Artificial Intelligence
Computer Vision
Machine Learning
Software
$30M13 Aug 2024 London, England, United Kingdom

Skylo

Information Technology
Internet of Things
Satellite Communication
Telecommunications
Wireless
$37M13 Feb 2024 Palo Alto, California, United States

Radiant Security

Cyber Security
Information Technology
Software
$15M14 Nov 2023 San Francisco, California, United States

TRACTIAN

B2B
Hardware
Industrial
Internet of Things
SaaS
Software
$45M07 Aug 2023 São Paulo, São Paulo, Brazil

Pando

Enterprise Software
Logistics
Supply Chain Management
$30M03 May 2023 Chennai, Tamil Nadu, India

Vitally

Analytics
B2B
Internet
SaaS
Software
$30M22 Feb 2023 New York, New York, United States

Grafbase

Developer Tools
$5M25 Oct 2022 -

DataGrail

Compliance
Legal
Privacy
SaaS
Security
$45M12 Oct 2022 San Francisco, California, United States

Avidbots

Artificial Intelligence
Computer Vision
Hardware
Robotics
Sensor
Software
$70M27 Sep 2022 Kitchener, Ontario, Canada
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