NEXT VENTŪRES

NEXT VENTŪRES is a specialized venture capital firm established in 2019, headquartered in San Francisco, California. The firm is singularly focused on investing in the rapidly evolving sports, fitness, health, and wellness markets. With a strategic emphasis on disruptive technologies and innovative business models, NEXT VENTŪRES aims to back founders who are shaping the future of these interconnected industries. Their investment thesis centers on identifying early to mid-stage companies that demonstrate significant potential for growth and market leadership within their niche.

The firm has successfully raised and deployed capital across two distinct funds. Their initial fund, closed in 2019, secured $50 million, followed by a second fund in 2021, which also raised $50 million. This brings their total assets under management to approximately $100 million, dedicated to their core investment sectors. NEXT VENTŪRES typically targets companies at the Seed, Series A, and Series B stages of funding. Their typical first check size ranges from $500,000 to $2.5 million, reflecting their commitment to providing meaningful early-stage capital while also participating in larger follow-on rounds.

NEXT VENTŪRES boasts a robust portfolio of over 30 companies, featuring prominent names such as Tonal, Oura, WHOOP, Headspace, and Hyperice. These investments underscore the firm's ability to identify and support ventures that have achieved significant market traction and brand recognition. Beyond capital, NEXT VENTŪRES leverages its deep industry expertise and extensive network, including founding partners like Lance Armstrong, to provide strategic guidance and operational support to its portfolio companies, fostering their growth and market penetration within the competitive health and wellness landscape.