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Next Legacy Partners, founded in 2018 through the merger of Next Play Capital and Legacy Venture, is a venture capital firm headquartered in Palo Alto, California. The firm was established to democratize access to venture capital for a diverse community of philanthropists, athletes, cultural luminaries, and founders. With a strong commitment to maximizing return on investment (ROI), Next Legacy Partners backs leading early-stage venture capital firms and enterprising founders.
As of now, the firm manages approximately $3 billion in assets under management (AUM) and operates multiple funds, including the Flagship Fund, Emerging Leaders Fund, and Inflection Fund. These funds are designed to support a diverse range of investment strategies, focusing on both established and emerging fund managers. The firm has distributed significant capital to thousands of nonprofits, reflecting its commitment to social impact alongside financial returns.
Next Legacy Partners employs a multifaceted investment strategy that includes investments in access-constrained venture funds and venture-backed companies. Their primary sectors of interest are consumer, fintech, and enterprise. The firm operates three main funds:
Next Legacy Partners seeks to maximize ROI while promoting diversity and creating a positive impact. They look for founders who demonstrate resilience, innovation, and a commitment to their communities.
Next Legacy Partners has a diverse portfolio that includes firms represented on the prestigious 2025 Midas List, although specific company names and descriptions are not disclosed. The firm has distributed approximately $3 billion to thousands of nonprofits, indicating a significant financial engagement and broad impact within the venture capital ecosystem.
Ben Choi - Managing Partner, brings extensive experience in venture capital and investment management.
Kelli Cullinane - Managing Partner, CFO, CCO, oversees financial operations and strategic initiatives.
Ryan Nece - Managing Partner, co-founder of Next Play Capital, focuses on democratizing access to venture capital.
Amber Puebla - Sr. Experience Manager, enhances founder engagement and support.
Caleagh Creech - Principal, involved in investment analysis and portfolio management.
Chris Doppman - Head of Investor Relations, manages relationships with limited partners.
Don Rhoda - VP of Finance, oversees financial strategy and operations.
Hillary Cook - Principal, plays a key role in investment decisions and portfolio support.
Jessie Jia Guo - Investment Partner, focuses on sourcing and evaluating investment opportunities.
Josh Lee - Assistant Controller, supports financial reporting and compliance.
Kathryn Zekus - Director of Philanthropy, manages philanthropic initiatives and partnerships.
Laura Gilson - Executive Assistant, provides administrative support to the leadership team.
Margaret Luna - Vice President, involved in strategic planning and investment oversight.
Mike Tran - Assistant Controller, assists in financial management and reporting.
Rene Capron - VP of Finance, focuses on financial strategy and investor relations.
Rachael Dickson - Director of Finance Operations, oversees financial operations and reporting.
Scott Hunter - Director of Accounting, manages accounting functions and financial reporting.
Shannon Berry - Investor Relations Associate, supports investor communications and relations.
Shannon Rowland - Chief of Staff, coordinates operations and strategic initiatives.
Ty Montgomery - Associate, Network and Investments, focuses on sourcing and evaluating investment opportunities.
Whitney Lemmon - Principal, involved in investment strategy and portfolio management.
To pitch Next Legacy Partners, founders should visit their website at nextlegacy.com. The firm prefers pitches that include a comprehensive business plan, market analysis, and a clear articulation of the founder's vision. Response times may vary, and warm introductions are encouraged but not mandatory.
Q?
What are the investment criteria for Next Legacy Partners?
A: Next Legacy Partners focuses on early-stage investments in the consumer, fintech, and enterprise sectors, emphasizing diversity and positive impact alongside financial returns.
Q?
How can founders pitch to Next Legacy Partners?
A: Founders can submit their pitches through the Next Legacy Partners website at nextlegacy.com.
Q?
What makes Next Legacy Partners different from other venture capital firms?
A: The firm is dedicated to democratizing access to venture capital for diverse communities, leveraging a unique LP network that includes philanthropists, athletes, and cultural luminaries to enhance portfolio company growth.
Q?
What is the typical check size for investments?
A: Specific check sizes are not disclosed, but the firm invests across various stages, including pre-seed, seed, and Series A and B rounds.
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