Next Legacy Partners
Portola Valley · Series A–Growth · 25 people tracked
Investment thesis
The firm believes that diverse managers drive superior venture returns and that backing early-stage venture managers with differentiated perspectives is critical to supporting the ecosystem's future. It pursues alpha generation by concentrating capital in proven, top-tier fund managers while simultaneously supporting emerging diverse managers and co-investing in early-stage breakout companies, leveraging its network to provide differentiated value to portfolio companies.
Source: firm website, verified Jul 20, 2026.
Team · 25 people
from the firm's websiteFormer Managing Director of Legacy Venture from 2008-2022, now Partner Emeritus at Next Legacy. Led venture capital activities for NASA including the SpaceX investment, held leadership roles at Hewlett-Packard and Agilent Technologies, and holds 46 issued patents in computer vision and internet of things.
Veteran venture capitalist with over 45 years of experience, serving as Managing Director of Legacy Venture from 2001-2017. Co-founder of Merrill Pickard Anderson & Eyre and later Benchmark Capital and Foundation Capital, he was an active impact investor and philanthropist.
Founding motivation behind Legacy Venture who remains a mentor and informal advisor to Next Legacy. Had over two decades in venture capital with founding partnerships at Merrill Pickard Anderson & Eyre and Foundation Capital, and continues as an early-stage investor focused on environmental and climate solutions.
Four-time Super Bowl champion and Pro Football Hall-of-Famer who was a founding impetus of Next Play Capital. Committed to humanitarian and social entrepreneurship, he co-founded All Stars Helping Kids in 1989 and Champion Charities in 2004, serving on numerous boards dedicated to charitable and impact-driven causes.
Co-founder of Legacy Venture in 1999 and former Managing Director of Next Legacy until 2026, now serving as Partner Emeritus. Spent nearly four decades in venture capital and operating leadership, holding positions at Merrill Pickard Anderson & Eyre and other technology companies.
What they invest in
from 49 of 61 portfolio companiesAI & Machine Learning ×19SaaS ×17Enterprise Software ×15Consumer ×10Fintech ×8Healthtech ×6B2B Marketplaces ×5Developer Tools ×5
HQs:United States×11United Arab Emirates×1China×1Colombia×1
Investments · showing 60 of 61
founders shown can be your intro pathStep is a commission-free investment platform that allows users to buy and sell stocks and ETFs with fractional shares starting at $1. The platform targets beginner investors by offering risk-aligned investment recommendations and a round-up feature to automate spare-change investing.
EdTechFintech
CJ MacDonald(Founder)Alexey Kalinichenko(Founder)
Arc provides a unified financial platform that enables cash management, competitive yield opportunities, debt capital raising, and AI-powered financial services.
AI & Machine LearningEnterprise SoftwareFintech
Armada develops edge computing and AI solutions for industrial applications. The company focuses on enabling distributed computing and artificial intelligence capabilities at the edge of networks.
AI & Machine LearningCloud ComputingData & InfrastructureDeep Tech
Sunshine was an AI-powered personal digital organization tool that has been acquired by Dazzle AI. The company focused on bringing ease and organization to users' digital lives through artificial intelligence.
AI & Machine Learning
Marissa
aXiomatic is an esports and gaming investor and enabler that provides financial resources and industry expertise to gaming and digital entertainment companies. The firm partners with leading gaming organizations and game publishers to support growth across competitive esports, game development, and interactive entertainment.
Enterprise SoftwareGaming
Believer is a game development studio with a team of experienced game designers, engineers, and artists creating video games.
GamingLos Angeles, US
Michael Chow(Chief Executive Officer)
ByteDance builds a portfolio of digital platforms and services focused on short-form video, content creation, e-commerce, and workplace collaboration, serving creators and consumers globally. The company operates multiple products including TikTok, Douyin, CapCut, TikTok Shop, and Lark across international and China-specific markets.
Creator EconomyE-commerceMedia & EntertainmentBeijing, CN
Yiming ZhangRubo Liang
Caliva is a cannabis producer and retailer that sells vaporizers and cannabis products for adult and medical use.
ConsumerWellness & Fitness
Carbon designs and manufactures 3D-printed products using advanced photopolymer resins, computational design tools, and proprietary hardware. The company serves product brands seeking high-performance, customizable solutions with exceptional mechanical properties.
Advanced ManufacturingHardwareNew Materials
UiPath provides enterprise automation software that uses AI agents and robots to automate business processes across departments like procurement, finance, and ERP systems. The platform helps organizations manage the full automation lifecycle from workflow design to ROI tracking.
AI & Machine LearningEnterprise SoftwareRoboticsSaaS
Coalesce provides a unified platform for data teams to manage transformation, cataloging, and quality monitoring. It enables teams to move from data requests to production-ready pipelines in a single governed system, designed for both engineers and AI agents.
Data & InfrastructureDeveloper ToolsEnterprise Software
Coinbase is a cryptocurrency exchange platform that offers trading, custody, and financial services for cryptocurrencies, stocks, derivatives, and prediction markets to consumers, institutions, and developers. The company operates a full-stack infrastructure including secure custody, liquidity services, stablecoin infrastructure, and global settlement rails.
Crypto & Web3FintechLos Angeles, US
Brian Armstrong(Founder/CEO)in
ServiceTitan provides software to home and commercial services contractors (plumbers, electricians, HVAC, etc.) to manage their operations, customer relationships, and business growth.
Construction TechEnterprise SoftwareFuture of WorkSaaS
Ara(Co-founder)Vahe(Co-founder)
Exabeam provides a security operations platform that ingests logs and telemetry from multiple point solutions, enriches data with behavioral analytics, and correlates alerts to deliver threat detection and investigation capabilities for security teams. The platform integrates with SIEMs and third-party security tools through open API standards and automation workflows.
AI & Machine LearningCybersecurityEnterprise SoftwareSaaS
Exodigo uses advanced multi-sensor fusion, AI, and geophysics to uncover utilities, foundations, and geotechnical conditions beneath infrastructure projects without excavation, delivering subsurface intelligence for planning and construction. The company serves infrastructure teams and project owners to reduce cost, schedule, and safety risks.
AI & Machine LearningConstruction TechDeep Tech
Flexport provides an AI-driven platform for global supply chain management, offering logistics visibility, customs brokerage, and freight optimization for companies shipping goods internationally. The platform integrates machine learning and autonomous decision-making to reduce freight costs and improve on-time performance across ocean, air, truck, and rail shipments.
AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainSaaSSan Francisco, US
Ryan Petersen(Founder/CEO)in
Gametime is a ticket resale marketplace for sports games, concerts, and live events. The platform offers transparent pricing with fees included upfront and competitive pricing guarantees for customers.
Marketplaces
Motive provides connectivity and automation software for the physical economy, including AI-powered dashcams, omnicams, and telematics solutions for fleet management and logistics operations.
AI & Machine LearningIoTLogistics & Supply ChainMobility & TransportationSaaS
Shoaib Makani(Chief Executive Officer & Co-founder)Obaid Khan(Co-Founder and former COO)
Hex builds tools for data analysis and visualization, serving data teams, analysts, and organizations that need to work with data. The platform is used by AI labs, financial institutions, and other enterprises globally.
AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaS
Hippo is an online insurance marketplace that helps customers find and compare home insurance policies, auto insurance, and flood coverage from top-rated carriers through a streamlined quoting process.
B2B MarketplacesInsurTech
Impossible Foods produces plant-based meat alternatives, including beef, pork, chicken, and sausage products designed to replicate the taste, nutrition, and cooking properties of conventional animal meat.
ConsumerFoodTechHealthtechRedwood City, US
Instil provides a modern software platform designed for nonprofits to manage relationships and increase their operational impact. The platform serves nonprofit organizations working on social impact initiatives.
Impact & Social GoodSaaS
UNKNOWN
Joy provides a membership-based parenting support platform offering 24/7 access to experts (sleep specialists, lactation consultants, feeding experts, parenting coaches), educational content, activity tracking, and exclusive discounts for parents in the US.
ConsumerHealthtech
Kitopi operates cloud-based kitchens that deliver food experiences across multiple brands and locations. The company serves customers seeking convenient dining options through a network of virtual restaurant brands.
B2B MarketplacesFoodTechSaaS
LaHaus is a real estate platform that connects homebuyers with verified developers to purchase new residential properties in Latin America, offering flexible payment plans and AI-powered property recommendations. The platform facilitates direct transactions between buyers and developers while verifying project legitimacy and providing transparent pricing information.
AI & Machine LearningB2B MarketplacesPropTechBogotá, CO
LaunchDarkly provides a feature management platform that enables development teams to release code changes safely through feature flags, detect production issues in real time, and run experiments without redeploying applications.
AI & Machine LearningCloud ComputingDeveloper ToolsSaaS
Little Otter Health provides whole-family mental health care including therapy, psychiatric consultation, and parent coaching delivered via telehealth by licensed clinicians. The service serves families seeking personalized care and uses evidence-based assessments to measure mental health outcomes.
Digital HealthHealthtechMental Health
Dr. Helen Egger(Co-founder and Chief Medical & Scientific Officer)
Maze provides a research-grade AI platform that helps teams conduct customer research and gather user insights. The platform is used by over 60,000 teams to understand customer behavior and inform product decisions.
AI & Machine LearningDeveloper ToolsSaaS
Jonathan WidawskiThomas MaryJohn MayhallNetali Jakubovitz
Mill makes an electric food waste recycler for homes that reduces food scraps by 80% and converts them into nutrient-rich grounds for gardens or farms. The device targets consumers and food service businesses seeking to reduce waste and environmental impact.
Climate TechConsumerHardware
Nightfall is an AI-native data loss prevention (DLP) platform that monitors and controls sensitive data movement across SaaS applications, AI tools, endpoints, and browsers. It serves enterprise security teams by providing real-time detection and automated response to prevent data exfiltration with 95% accuracy.
AI & Machine LearningCybersecurityEnterprise Software
Relay (North One) provides business banking and financial management software for small business owners. The platform offers checking and savings accounts, debit and credit cards, expense management, invoicing, and accounts payable/receivable tools designed to help owners organize and control their cash flow.
FintechSaaS
Peloton develops connected fitness equipment and a digital fitness app that delivers personalized workout classes and training guidance to home exercisers.
ConsumerHardwareWellness & Fitness
Planted sells a home gardening system called Canopy for growing food in controlled environments, and delivers certified organic seedlings sourced from local farms.
AgTechConsumerFoodTech
Platform Science provides fleet management software that integrates commercial vehicles and mobile applications into a single connected platform for transportation companies. The company serves fleets and logistics operators seeking to optimize driver experience, manage operations, and future-proof their fleet technology.
Enterprise SoftwareIoTLogistics & Supply ChainSaaS
Jack KennedyJake Fields
Solugen develops a biomanufacturing platform using fermentation and bioprocessing technology to produce specialty chemicals at scale. The company serves customers in energy, chemicals, and related industries with cost-effective alternatives to traditional petrochemical-based manufacturing.
Advanced ManufacturingBiotechCleantechClimate TechHealthtechHouston, US
Sean Hunt(Co-founder)inGaurab Chakrabarti(Co-founder & CEO)in
Stoke Space develops fully reusable rockets for space transportation and mobility services. The company focuses on rapid iteration from prototype to launch, with a mission to enable seamless mobility to, through, and from space.
Advanced ManufacturingDeep TechHardwareSpace TechSeattle, US
Andy Lapsa(Founder)inKevin Weil(Board Member)Hans Koenigsmann(Board Member)Matt White(Board Member)
Superpower offers personalized health testing and monitoring for consumers, analyzing 100+ biomarkers across multiple body systems. The platform combines blood testing, data integration from wearables, AI-powered analysis, and access to clinical care teams to provide personalized health protocols and longevity guidance.
AI & Machine LearningDigital HealthWellness & Fitness
Dr Anant Vinjamoori
ThoughtSpot builds data analytics and business intelligence software to make data accessible to organizations across industries.
AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaS
Tonal manufactures an AI-powered smart home gym system that uses digital weight resistance and personalized coaching to enable strength training at home. The platform serves fitness enthusiasts of all levels with automated workout adjustments and a library of guided strength training programs.
AI & Machine LearningHardwareWellness & Fitness
Ash Wilking(Coach)
Varo is a digital bank offering FDIC-insured deposits, no-fee checking accounts, early direct deposit, credit-building cards, and cash advances to U.S. consumers. The company serves hardworking Americans seeking financial inclusion and opportunity through accessible banking products.
Fintech
Gavin Michael(CEO)
AiFi uses AI and computer vision to make physical spaces searchable, observable, and understandable, providing real-time insights for facility and space operators without manual audits.
AI & Machine LearningEnterprise SoftwareIoTRetail Tech<UNKNOWN>, US
Bevel is a personal grooming brand that offers shave kits, beard and hair care products, and skin care items for men. The company sells grooming tools and related products directly to consumers.
ConsumerDirect to Consumer
FIGS designs and sells medical uniforms and apparel for healthcare professionals using proprietary technical fabric technology. The company focuses on combining design, comfort, and function in workwear for the modern healthcare workforce.
ConsumerDirect to ConsumerEnterprise SoftwareHealthtech
Heather Hasson(CEO and Co-founder)Trina Spear(CEO and Co-founder)
Frequently asked questions
- What stage does Next Legacy Partners invest at?
- Next Legacy Partners invests at the Series A, Series B, Series C, Growth stages.
- What sectors does Next Legacy Partners focus on?
- Next Legacy Partners focuses on Consumer, Enterprise Software, Fintech.
- Where is Next Legacy Partners located?
- Next Legacy Partners is headquartered in Portola Valley, US.
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