NEXT COAST VENTURES, LLC
NEXT COAST VENTURES, LLC is a Pre-seed, Seed, Series A and Series B fund in Texas, the US, Chicago and Miami writing $3M–$5M checks into Healthcare, future-of-work, software-3.0 and retail-tech.
- Stages
- Pre-seed, Seed, Series A, Series B
- Sectors
- Healthcare, future-of-work, software-3.0, retail-tech
- Check size
- $3M–$5M
- Invests in
- Texas, US-wide, Chicago, Miami
- Actively investing
- Yes
- Founded
- 2015
- Assets under management
- $520M+
Thesis
Next Coast Ventures is a venture capital firm founded in 2015, with a mission to invest in high-growth companies located in emerging "Next Coast" markets across the United States, with a particular focus on Texas, Chicago, and Miami. Their investment thesis, "built for entrepreneurs, by entrepreneurs," centers on providing both capital and practical operational support. They employ a thematic approach, focusing on macro trends such as the Future of Work, Software 3.0, the Retail (R)evolution, and Digital Health. Next Coast Ventures targets companies in Pre-seed, Seed, Series A, and Series B stages, and typically invests between $3 million and $5 million per deal, with a sweet spot around $4 million. As of March 2022, the firm had over $520 million in AUM across three funds, including a $195 million early-stage fund, a $50 million opportunity fund, and a $65 million fund for entrepreneurs acquiring businesses.
Common questions
Does NEXT COAST VENTURES, LLC invest at the Pre-seed stage?
Yes. NEXT COAST VENTURES, LLC lists Pre-seed, Seed, Series A and Series B among the stages it invests in.
What check size does NEXT COAST VENTURES, LLC write?
NEXT COAST VENTURES, LLC writes $3M–$5M checks.
Where does NEXT COAST VENTURES, LLC invest?
NEXT COAST VENTURES, LLC invests in Texas, the US, Chicago and Miami.