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Nex Cubed

North America, California, United States, San Francisco

Description

Nex Cubed is a San Francisco-based venture builder and investor established in 2017, dedicated to empowering underrepresented founders and underserved communities by commercializing frontier technologies. Operating primarily as a pre-seed venture accelerator, the firm provides capital, resources, and a robust network of mentors and advisors to early-stage companies. Their mission is deeply rooted in fostering diversity and inclusion within the startup ecosystem, actively seeking out and supporting entrepreneurs who have historically faced barriers to accessing venture capital.

The firm's investment strategy focuses on pre-seed stage companies, with a typical first cheque size of up to $100,000. While the exact minimum is not explicitly stated, their model suggests a substantial initial investment to help founders gain traction. Nex Cubed's programs are structured to accelerate growth, offering hands-on support across various sectors including Digital Health, FinTech, PropTech, AI/ML, and the Future of Work. This sector-agnostic yet impact-driven approach allows them to support a diverse range of innovative solutions.

Nex Cubed has built an impressive portfolio, comprising over 100 companies since its inception. A testament to their effectiveness and the quality of their portfolio companies, these startups have collectively gone on to raise over $1.2 billion in follow-on funding from other investors. This significant figure underscores Nex Cubed's ability to identify promising ventures and prepare them for subsequent funding rounds, validating their venture builder model and their commitment to long-term success for their founders.

Investor Profile

Nex Cubed has backed more than 73 startups, with 0 new investments in the last 12 months alone. The firm has led 1 rounds, about 1% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Pre Seed, Seed rounds (top funding stages).
  • Majority of deals are located in United States, The Netherlands, Sweden.
  • Strong thematic focus on Health Care, Software, Artificial Intelligence (AI).
  • Typical check size: $25K – $100K.

Stage Focus

  • Series Unknown (67%)
  • Pre Seed (14%)
  • Seed (7%)
  • Angel (4%)
  • Convertible Note (4%)
  • Non Equity Assistance (3%)
  • Series E (1%)

Country Focus

  • United States (96%)
  • The Netherlands (1%)
  • Sweden (1%)

Industry Focus

  • Health Care
  • Software
  • Artificial Intelligence (Ai)
  • Financial Services
  • Machine Learning
  • Information Technology
  • Analytics
  • Medical
  • Apps
  • Fintech
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Nex Cubed frequently co-invest with?

Amplify.LA
North America, California, United States, Venice
Co-Investments: 1
New Age Capital
North America, New York, United States, New York
Co-Investments: 1
Sway Ventures
North America, California, United States, San Francisco
Co-Investments: 2
8VC
North America, California, United States, San Francisco
Co-Investments: 1
Nex Cubed FinTech
North America, California, United States, San Francisco
Co-Investments: 7
Quake Capital Partners
North America, Texas, United States, Austin
Co-Investments: 2
FB
North America, California, United States, San Diego
Co-Investments: 1
Firstrock Capital
North America, New York, United States, New York
Co-Investments: 1
Nex Cubed Digital Health
North America, California, United States, San Diego
Co-Investments: 22
Teal Ventures
North America, California, United States, San Diego
Co-Investments: 1

Which angels does Nex Cubed often collaborate with?

Shared Deals: 1
AC
North America, California, United States, San Diego
Shared Deals: 1
AO
North America, California, United States, Atherton
Shared Deals: 1
CC
North America, New York, United States, New York
Shared Deals: 1
Shared Deals: 1
RW
North America, California, United States, Laguna Beach
Shared Deals: 1
Shared Deals: 1
JR
North America, Massachusetts, United States, Boston
Shared Deals: 1
AM
North America, Nevada, United States, Las Vegas
Shared Deals: 1
Shared Deals: 1

What are some of recent deals done by Nex Cubed?

Scoutz

Orlando, Florida, United States

Virtual sports agency powered by AI

Sports
Pre SeedNov 1, 2023
Amount Raised: $120,000
Rush Roto

Dover, Delaware, United States

Rush Roto puts professional-level product video where editing skills are not required.

Photography
Pre SeedAug 17, 2023
Amount Raised: $340,000

Building the technological framework to support the fine art ecosystem

AppsArtArtificial Intelligence (AI)Machine Learning
Pre SeedOct 1, 2022
Model Medicines

La Jolla, California, United States

Model Medicines uses human expertise and AI to accelerate the development of life-changing drugs at scale.

Artificial Intelligence (AI)BiotechnologyMachine LearningMedicalPharmaceutical
SeedFeb 1, 2021
Amount Raised: $4,100,000
Family Proud

San Diego, California, United States

Family Proud is a care management tool that makes it simple to create circles of care around people in need.

Health CareSoftwareWellness
AngelNov 1, 2020
Amount Raised: $1,000,000
Endorsify

Los Angeles, California, United States

pricing user-generated content

CommunitiesMobile AppsSocial MediaSocial Network
SeedSep 16, 2020
care.coach

Millbrae, California, United States

Care.coach is a health technology company that engages patients to improve self-management of chronic conditions.

Assistive TechnologyDiabetesElder CareHealth CareHome Health CareHospitalmHealthOutpatient Care
Series UnknownJul 6, 2020
Butterfly Health

Los Gatos, California, United States

Butterfly Health develops a personal hygiene product for the protection of accidental bowel leakage.

BiotechnologyConsumerFitnessHealth CareMedicalPersonal Care and HygieneRoboticsWellness
Series UnknownJul 6, 2020
Healthcentrix

Sunnyvale, California, United States

Healthcentrix enables patient care outside the clinic by creating connected health ecosystems

Health CarePersonal Health
Series UnknownJul 6, 2020
Litesprite

Bellevue, Washington, United States

Health Games for chronic conditions

Big DataHealth CareMobile
Series UnknownJul 6, 2020