Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Next47 is a venture capital firm founded in 2016 and headquartered in Silicon Valley, California. Originally established as Siemens Venture Capital, the firm has transitioned into a hybrid model that combines the strengths of corporate venture capital with independent financial investing. With a total fund size of approximately $1.2 billion, Next47 is dedicated to supporting innovative companies primarily in the B2B enterprise and industrial technology sectors. The firm not only provides capital but also strategic access to Siemens' extensive customer base, enhancing growth opportunities for its portfolio companies.
Next47's leadership team includes experienced professionals who have a deep understanding of both the venture capital landscape and the industrial markets. This unique positioning allows Next47 to leverage Siemens' resources effectively, providing portfolio companies with valuable insights and connections that can accelerate their growth. The firm has built a reputation for its product-first approach, focusing on early-stage technology companies that demonstrate compelling product offerings. By combining financial investment with strategic support, Next47 aims to redefine the venture capital experience for startups in its portfolio.
Next47 primarily invests in early-stage technology companies, particularly in sectors such as SaaS, industrial, energy, logistics, and proptech. The firm emphasizes a product-first approach, seeking out companies that are at the Series A and Series B stages of development. Next47 typically invests between $2 million and $40 million, allowing it to support a range of startups with varying capital needs.
The firm is particularly interested in companies that demonstrate innovative solutions in applications, infrastructure, and systems. By focusing on transformative technologies, Next47 aims to partner with startups that are poised to disrupt their respective industries. The firm’s strategic backing from Siemens provides portfolio companies with unparalleled access to a vast customer network, distribution channels, and domain expertise in industrial markets. This unique advantage not only enhances the growth potential of the companies but also facilitates their market penetration.
Next47's portfolio includes several notable companies that exemplify its investment strategy and focus on innovative technologies. Among its investments are:
These investments reflect Next47's commitment to supporting companies that are at the forefront of technological innovation, particularly in the B2B enterprise and industrial sectors.
Jason Sydow: A key figure at Next47, Jason has been instrumental in redefining the firm's approach to venture capital, emphasizing a hybrid model that combines corporate and independent investing.
Siegfried Russwurm: Involved in the founding of Next47, Siegfried is a member of the Siemens board and plays a significant role in guiding the firm's strategic direction.
To pitch Next47, founders should visit their website at next47.com. The firm prefers well-structured pitches that clearly outline the product's value proposition and market potential. Warm introductions are beneficial, but cold applications are also accepted.
Next47 primarily invests in early-stage companies, focusing on Series A and Series B rounds. This allows them to partner with startups that are in the critical phases of growth and development.
Founders interested in pitching Next47 can do so through their website at next47.com. It is advisable to prepare a compelling presentation that highlights the product's uniqueness and market potential.
Next47 invests in a variety of sectors, including SaaS, industrial technology, energy, logistics, and proptech. They are particularly interested in companies that offer innovative solutions in these areas.
The firm typically invests between $2 million and $40 million in its portfolio companies, providing substantial capital to support their growth.
Next47 has a geographic focus on North America and Europe, allowing them to tap into diverse markets and innovative ecosystems.
To apply for funding, founders should visit Next47's website and submit their pitch. The firm encourages a product-first approach and looks for compelling offerings in their applications.
Next47 adds value to its portfolio companies by leveraging Siemens' extensive customer network and domain expertise, which can significantly enhance growth opportunities and market penetration.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.