Fundraising Fox

Next Ventures

Venture capital

Austin · Seed–Series A · 7 people tracked

Also known as NEXT VENTURES MANAGEMENT, LLC

Find your way into Next Ventures

1,378 people in our graph share verified history with the Next Ventures team — schools, employers, funds. One of them is your warm intro.

Hemant Tanejaunlockedknows Felix Kim · together at Transcarent (overlapped)
knows the team · via Transcarent
×3knows the team · via University of Pennsylvania
knows the team · via GI Partners
knows the team · via Drexel University
×4knows the team · via American University
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Investment thesis

Next Ventures partners with founders working to enhance human capability through innovative approaches to health care access. Drawing on the team's varied backgrounds as operators, athletes, and patients, the firm pursues a 'Whole Person Health' model that connects upstream, preventive solutions with downstream care to improve outcomes and reduce costs. It emphasizes proactive, interconnected care across the health continuum, arguing that care decisions made in isolation limit progress. Its mission centers on optimizing and integrating upstream and downstream care.

Source: firm website, verified Sep 15, 2026.

Stage
Seed–Series A
Check
$500K – $3M
HQ
Austin, Texas, US
Leads rounds
Follows
Instruments
Equity
Founded
2019
AUM
$50M
VC funds
5
Tracked investments
36

Team · 7 people

from the firm's website & public directories
Lionel Conacher· General Partner
Melanie Strong· General Partnerin

What they invest in

from 24 of 36 portfolio companies

Healthtech ×14Consumer ×7Digital Health ×7Wellness & Fitness ×7AI & Machine Learning ×5Hardware ×4Direct to Consumer ×3Enterprise Software ×3

HQs:United States×19Canada×1

Who they back

founder profiles across 16 portfolio companies
50%
solo founders
8 of 16 mapped founding teams
45%
repeat founders
of 22 founders with career history

Founding team size:solo founder×82 founders×43 founders×4

Where their founders studiedfrom 21 founders with education data

Brown University ×2Georgetown ×2McGill University ×2Northeastern University ×2The Wharton School ×2UCLA ×2

What their founders studiedfrom 19 founders with field-of-study data

Business & Management ×6Computer Science ×4Engineering ×4Economics ×3Finance & Accounting ×3Medicine ×3Life Sciences ×2

Where their founders worked beforefrom 22 founders with career history

Columbia University Medical Center ×2Forward, Inc. ×2McKinsey & Company ×2UCSF Medical Center ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×2

Investments · 36 tracked

founders shown can be your intro path

By year:2025 · 22024 · 12022 · 14 dated

Terra APItryterra.coin𝕏✓ verified

Terra is an API platform that enables apps and developers in fitness, wellness, sleep, and health spaces to connect with wearable devices.

Data & InfrastructureDeveloper ToolsEnterprise SoftwareHealthtechSaaSSan Francisco, US

Kyriakos Eleftheriou(Founder)in

Co-investorsSamsung NextY CombinatorGeneral CatalystFlucas VenturesImmeasurableKube VC+1 more

Vital Biosciences Inc.vitalbio.comin✓ verified

VitalBio develops the VitalOne, a diagnostic device that delivers comprehensive lab-grade blood test results in minutes from a small blood sample, using robotics, biochemistry, computer vision, and microfluidics.

BiotechDigital HealthMedical Devices

Vasu Nadella(Founder)in

Co-investorsInovia CapitalLachy GroomMarc BenioffNorthpond VenturesSam Altman1955 Capital+6 more

Pair Teampairteam.comin𝕏Jun 2024 · $9M

Pair Team develops an AI-enabled care coordination platform that connects people with healthcare providers and programs to deliver proactive, personalized care.

AI & Machine LearningDigital HealthHealthtechSan Francisco, US

Neil Batlivala(Founder)inCassie Choi(Founder)inCassandra Choi(Executive Officer, Director)in

Board seatJulian Eison· per SEC Form D

Co-investorsCREATE HEALTH VENTURESHeadwater VenturesKapor CapitalNTT Venture CapitalNVP CapitalY Combinator+7 more

BranchLabbranchlab.cominSep 2025

Branchlab offers an AI-driven platform for healthcare marketing that helps teams explore patient, HCP, and caregiver audiences without exposing Protected Health Information, then create, optimize, and activate those audiences across channels.

AI & Machine LearningHealthtechMarketing TechNew York, US

Joshua Walsh(Executive Officer, Director)Christopher Cagle(Executive Officer, Director)

BoardMichael Parkes(Director)inCarrie Williams(Director)inAndrew Bouldin(Director)in

Co-investorsAIX VenturesFCA Venture PartnersMcKesson VenturesNVP CapitalSanofi VenturesService Provider Capital+2 more

Cofertilitycofertility.cominApr 2025

Cofertility is a fertility company focused on the family-building journey, offering egg freezing, egg donation matching, and related support services to individuals and families.

Digital HealthFemTechHealthtechNew York, US

Lauren Makler(CEO, Co-Founder)inHalle Tecco(Chair, Co-Founder)inArielle Spiegel(Advisor, Co-Founder)in

Co-investorsCoalition OperatorsEverywhere VenturesForeground CapitalHow Women InvestMuse CapitalPress On Ventures+6 more

Eat Evergreeneatevergreen.com

Evergreen makes frozen waffles sweetened with maple syrup and made from whole wheat flour, avocado oil, egg and whole-wheat protein, with hidden zucchini and carrot.

ConsumerDirect to ConsumerFoodTechGlencoe, US

Emily Cole Groden(Executive Officer, Director)Carolyn Simmons(Director)

BoardAlex Malamatinas(Director)inDaniel Morad(Director)

Co-investorsLongJump VenturesMelitas Ventures Llc

Eternaleternal.co

Eternal is a personalized health platform that combines wearable data, lab results, and AI coaching to deliver customized podcasts, daily texts, and in-person care for fitness, health, and longevity.

HealthtechLongevityWellness & FitnessNew York, US

Co-investorsBling CapitalFlare Capital PartnersJAZZ Venture PartnersTerrain

Genopetsgenopets.me𝕏

Genopets is a mobile game that incentivizes physical activity and real-world movement by connecting players' daily steps to gameplay progression and rewards.

ConsumerGamingWellness & Fitness

Co-investorsAlliance DAO (ex DeFi Alliance)Impossible FinanceKonvoy VenturesPantera CapitalSamsung NextSWGI Ventures (SWISS GEM INVESTMENTS)

Hammerheadhammerhead.ioin

Hammerhead makes Karoo, a cycling computer device for recording and displaying ride data, routes, and workouts.

CleantechHardwareNew York City, US

Laurence Wattrus(Founder)inRaveen Beemsingh(Founder)inJon Morgan(Founder)in

Co-investorsBuoyant Ventures Management, LlcR/GA VenturesTechstarsVTF CapitalAina Climate AI VenturesBombellii Ventures+5 more

Humanehumane.comacquired by HP · Feb 2025

Humane was a consumer hardware startup founded by former Apple executives that developed the Ai Pin, a screenless wearable AI device.

AI & Machine LearningEnterprise SoftwareHardware

Co-investorsKindred VenturesValia VenturesBONDForerunner VenturesPlexo CapitalQualcomm Ventures+3 more

Juno Medicaljuno.care

Juno is a family-focused healthcare provider offering primary care, urgent care, women's health, pediatrics, mental health, rheumatology, and weight management services in a modern, welcoming environment with transparent pricing and extended hours.

Digital HealthHealthtech

Akili Hinson MD MBA(Founder)in

Co-investorsHabitat PartnersInnovestor VenturesRareBreed VenturesSerena VenturesAda VenturesArtesian+3 more

Livemomentouslivemomentous.com𝕏

Momentous makes science-backed nutritional supplements for performance and wellness, including sleep support formulas designed for athletes and high performers.

ConsumerDirect to ConsumerHealthtechWellness & Fitness

Co-investorsBreak Trail VenturesMuse CapitalThe Family Fund

Mood Healthmoodhealth.comin

Mood is a telehealth service offering mental health care delivered remotely by clinicians.

Digital HealthHealthtechMental Health

Mike Clare(Founder)inBetsy McMichael(Founder)in

Co-investorsAmbush CapitalDesigner FundReshapeStone Mountain VenturesVibe CapitalEarl Grey Capital

Naytevnaytev.comin𝕏Defunct

Naytev is a social media management and automation platform for content teams that consolidates paid and organic social workflows.

Developer ToolsEnterprise SoftwareMarketing TechSaaSSan Francisco, US

Zack Liscio(Founder/CEO)inPatrick Costello(Founder)inMike Seid(Founder/CTO)in

Co-investorsY CombinatorAmino Capital

OK Capsuleokcapsule.comin

OK Capsule is a manufacturing-as-a-service platform that enables practitioners, health clinics, and wellness brands to create personalized supplements and deliver them directly to customers.

Advanced ManufacturingAI & Machine LearningCircular EconomyConsumerHealthtechSaaSWellness & FitnessReno, US

Dr. Andrew Brandeis(Co-Founder & CMO)Noah Austin(Co-Founder & CEO)in

Orpyxorpyx.comin𝕏

Orpyx develops a wearable system with smart footbeds, a receiver, and hub that provides real-time plantar pressure monitoring and alerts to help individuals with impaired protective sensation prevent foot ulcers and complications.

HealthtechIoTMedical Devices

Breanne Everett MD MBA(Founder)in

Co-investorsAphelion CapitalRelentless Pursuit PartnersThin Air LabsInterGen Capital

Ouraouraring.com

Oura Ring is a wearable smart ring that collects and analyzes 50+ personal health metrics to provide insights on sleep, fitness, and wellness for individual users.

HardwareHealthtechWellness & FitnessSan Francisco, US

Ashley Colley(Founder)Virpi Tuomivaara(Founder)inTom Hale(CEO)in

Co-investors125 VenturesA-Rod CorpAble PartnersAlumni VenturesBasecamp FundBold Capital Partners+27 more

Outsideoutsideinc.comin

Outside, Inc. operates a portfolio of digital and print media brands focused on outdoor sports, fitness, and wellness.

ConsumerMedia & EntertainmentSports TechBoulder, US

Co-investorsImagination CapitalProgress VenturesService Provider CapitalCaruso Ventures

Powerdotpowerdot.com𝕏acquired by Therabody

ConsumerDirect to ConsumerWellness & Fitness

Co-investorsRuvento Ventures Pte Ltd.

Prose Foodsprosefoods.comin

Reimagining how we source, produce and experience food

Dylan Nugent(Founder)in

Co-investorsJuniperSustainable Food VenturesOverwater Ventures Llc

Rambleramble.campin

Ramble operates and develops curated campgrounds designed for outdoor enthusiasts, emphasizing accessibility, sustainability, and natural spacing between sites.

ConsumerMarketplacesTravel & HospitalityColorado, US

Matt Oesterlein

Scorched Icescorchedice.cain

Scorched Ice is a skating intelligence platform that uses independent sensors on each skate to measure on-ice bilateral workload, detect asymmetries, and track deviations from a player's normal skating pattern via its SCORCH Index.

HardwareIoTSports Tech

SteadyMDsteadymd.comin𝕏Acquired

SteadyMD operates a telehealth platform that connects clinicians with remote care opportunities across the United States, serving over 200,000 patients while providing flexible work arrangements and support services for healthcare providers.

Digital HealthFuture of WorkHealthtechSt. Louis, US

Yarone Goren(Co-Founder & COO)inGuy Friedman(Co-Founder & CEO)in

BoardChris Cooper(Director)Deena Shakir(Director)in

Co-investorsAcrew CapitalCerity Partners VenturesCrosscut VenturesDraper AssociatesHyde Park Venture PartnersLux Capital+3 more

Tokaido Healthtokaidohealth.comin

Intelligent pharmacy benefit navigation

San Mateo, US

Andrew Shinohara(Founder)in

Co-investorsNorwest Venture PartnersPrimary Venture Partners

Trial Librarytriallibrary.comin𝕏

Trial Library operates an AI-native platform that integrates clinical trials into routine care, activating providers, identifying eligible patients, and guiding them through the trial lifecycle.

AI & Machine LearningDigital HealthHealthtech

Co-investorsHow Women InvestLux CapitalOverwater Ventures LlcSanofi VenturesSeae VenturesSemperVirens Venture Capital+1 more

wthnwthn.com

WTHN provides acupuncture, herbal medicine, and acupressure products based on Traditional Chinese Medicine to address stress, pain, and other health concerns.

HealthtechWellness & FitnessNew York, US

Dr. Shari Auth(Co-founder & Chief Healing Officer)inMichelle Larivee(Founder and CEO)inDr. Shari Auth, DACM(Founder)in

Co-investorsBAM VenturesHalogen Ventures Management Company LlcSWaN & Legend Venture PartnersThe Chernin Group (TCG Crypto)Top Corner CapitalHelm+3 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Juno Care Systems, Inc.Adaptyx BiosciencesEphemeralEphemeral TechnologiesEvergreenHealthierHealthier IntelligenceMaMomentousTerra

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 3

3 acquisitions · showing 2

Humaneacq. by HPPowerdotacq. by Therabody

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Next Ventures made?
Next Ventures has 36 tracked investments, 3 of which have exited, including 2 dated in the last 24 months.
What stage does Next Ventures invest at?
Next Ventures invests at the Seed, Series A stages.
What is Next Ventures's typical check size?
Next Ventures typically writes checks of $500K – $3M.
What sectors does Next Ventures focus on?
Next Ventures focuses on Biotech, Consumer, Digital Health, FoodTech, Healthtech, Medical Devices, Mental Health, Sports Tech, Wellness & Fitness.
Where is Next Ventures located?
Next Ventures is headquartered in Austin, US.
Does Next Ventures lead rounds?
Next Ventures typically participates in rounds rather than leading them.
Who does Next Ventures co-invest with?
Next Ventures most often shares deals with Muse Capital, Service Provider Capital, How Women Invest, among 112 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Mel Strong: From Nike to Next Ventures

Second Nature · Mel Strong

#46 - Mel Strong (Founding Partner @ NEXT Ventures) Transitioning from a major corporate into VC

ConfluenceVC · Mel Strong

Co-investors · 4

Lux Capital

Lux Capital is a venture capital firm that backs founders building transformative deep technologies, having been among the first investors in category-defining companies across AI, robotics, biotech, defense, and infrastructure.

$100K – $100M
Serena Ventures

Serena Ventures is a venture capital firm that backs founders building companies across how people live, work, move, and connect, with a global perspective and a focus on expanding access, ownership, and opportunity.

Both backed · 1
$100K – $500K
Base10 Partners

Base10 Partners is a venture capital firm that invests in automation technologies for the real economy, backing companies addressing problems relevant to the broad majority of people. The firm pledges to donate 50% of certain proceeds to support the next generation of technology founders.

$100K – $5M
The Venture Collective

The Venture Collective (TVC) is a venture capital firm that invests in and supports a portfolio of startups across sectors such as energy and consumer products.

$100K – $500K

Firms observed investing alongside Next Ventures, from public investor directories. Shared companies are the overlap with Next Ventures's recorded portfolio.

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