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NEXT VENTŪRES is an early-stage venture capital firm founded in 2019 and based in the United States. The firm was established by former athletes and operators who recognized the need to address the root causes of poor health outcomes. NEXT VENTŪRES focuses on whole-person care solutions, aiming to shift the healthcare paradigm from reactive 'sick care' to proactive wellness. The firm emphasizes interconnected care across the health continuum, which is crucial for improving health outcomes.
As of now, NEXT VENTŪRES manages approximately $60 million in assets under management (AUM) and has built a portfolio of 11 companies. The firm has successfully closed its second fund, which is backed by institutional capital from the Oregon Growth Board and has a strategic partnership with Oregon Health & Science University (OHSU). This partnership enhances their investment capabilities and access to innovative healthcare solutions.
NEXT VENTŪRES invests in innovative healthcare access solutions that enhance human capability. The firm targets early-stage investments, specifically in the pre-seed, seed, and seed-plus stages. Their check sizes typically range from $400,000 to $4 million, with a focus on optimizing and integrating care across the health continuum. The firm is particularly interested in sectors such as healthcare, digital health, and sports technology.
The investment thesis of NEXT VENTŪRES emphasizes proactive and interconnected healthcare solutions that address health disparities. They seek to empower consumer health through technology and data convergence, focusing on areas like fitness, nutrition, mindfulness, and mental health. The firm believes in extending healthspan and improving overall wellness through innovative solutions.
NEXT VENTŪRES has a diverse portfolio of 11 companies, each contributing to the firm's mission of transforming healthcare. Notable portfolio companies include:
This portfolio reflects NEXT VENTŪRES' commitment to investing in innovative solutions that enhance health and wellness, particularly through technology and data-driven approaches.
Lance Armstrong - General Partner. Known globally as a cyclist and endurance athlete, Armstrong brings a unique perspective to healthcare investments, particularly in sports and wellness.
Melanie Strong - General Partner. Strong has over 20 years of experience in sports marketing, having worked at Nike, where she developed expertise in consumer health and wellness.
Jordan Pascasio - Partner. Pascasio has a background in entrepreneurship and investment, focusing on technology and healthcare solutions.
To pitch NEXT VENTŪRES, founders should visit their website at nextventures.com. It is advisable to include a comprehensive deck that outlines the business model, market opportunity, and how the solution addresses specific health challenges. The firm prefers pitches that clearly articulate the proactive and interconnected nature of the proposed healthcare solutions.
Response times may vary, but founders can expect to hear back within a few weeks after submission. Warm introductions are beneficial but not mandatory.
In September 2025, NEXT VENTŪRES closed its second fund at $60 million, backed by institutional capital from the Oregon Growth Board. This fund aims to support innovative healthcare solutions and enhance the firm's investment capabilities.
Recently, NEXT VENTŪRES announced a strategic investment in BranchLab, an AI-native platform for pharmaceutical commercialization, highlighting their commitment to advancing technology in healthcare.
Additionally, the firm has been featured in various publications, including Yahoo Finance and Mobi Health News, for its focus on consumer health and preventive care.
What are NEXT VENTŪRES' investment criteria?
NEXT VENTŪRES focuses on early-stage investments in healthcare, digital health, and sports technology. They look for innovative solutions that enhance human capability and address health disparities.
How can I apply or pitch to NEXT VENTŪRES?
Founders can submit their pitches through the NEXT VENTŪRES website at nextventures.com. It is recommended to include a clear overview of the business model, market opportunity, and how the solution addresses specific health challenges.
What makes NEXT VENTŪRES different from other VC firms?
NEXT VENTŪRES is distinct due to its focus on whole-person health and proactive wellness solutions. The firm is founded by former athletes, which provides unique insights into the intersection of health, wellness, and technology.
What is the geographic scope of NEXT VENTŪRES' investments?
The firm primarily invests in companies based in the United States, focusing on innovative healthcare solutions that can scale nationally.
What is the typical check size for investments?
NEXT VENTŪRES typically invests between $400,000 and $4 million in early-stage companies, with a focus on pre-seed, seed, and seed-plus rounds.
What kind of post-investment involvement can founders expect?
NEXT VENTŪRES provides strategic guidance, operational support, and access to their network within the healthcare ecosystem to help portfolio companies succeed.
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