Firms

Next Ventures

Austin, Texas early-stage venture capital firm founded in 2019 that invests at the intersection of healthcare delivery, consumer health and technology. It backs companies improving access to care, enabling proactive health management, extending healthspan and making healthcare systems more connected and efficient. Its portfolio includes AI-enabled care delivery and pharmaceutical commercialization, clinical intelligence, diagnostic technologies, fertility care and wearable health devices. The firm combines investment capital with support for marketing, commercialization, talent and executive leadership, drawing on its partners’ experience across health, wellness, sports and healthcare services.

Founded: 2019
Type: Venture capital

Funds1

Next Ventures II2025-09-102025-09-10$60M
Second early-stage venture capital fund from Next Ventures, closed at $60 million and announced September 10, 2025. It backs founders developing whole-person health businesses, including technologies that improve healthcare access, preventive and personalized care, healthspan and interconnected care delivery. The manager identifies AI as an enabling layer across the care continuum. Institutional backing includes the Oregon Growth Board, and the manager announced a strategic partnership with Oregon Health & Science University. At announcement, the fund named investments in BranchLab, WTHN, Cofertility and Ramble, plus an undisclosed company. These are investments of Fund II, distinct from the manager’s 2019 first fund.