How many investments has NextEquity Partners made?

NextEquity Partners has 39 tracked investments, 8 of which have exited, including 1 dated in the last 24 months.

What stage does NextEquity Partners invest at?

NextEquity Partners invests at the Series B, Series C, Growth, Late Stage stages.

What sectors does NextEquity Partners focus on?

NextEquity Partners focuses on Consumer, Enterprise Software, Media & Entertainment, SaaS.

Where is NextEquity Partners located?

NextEquity Partners is headquartered in Menlo Park, US.

Who does NextEquity Partners co-invest with?

NextEquity Partners most often shares deals with Bright Pixel Capital, Draper Associates, Accel, among 194 tracked co-investors.

NextEquity Partners

Growth equity

Menlo Park · Series B–Late Stage · 11 people tracked

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Find your way into NextEquity Partners

2,124 people in our graph share verified history with the NextEquity Partners team — schools, employers, funds. One of them is your warm intro.

Adrianna Maunlockedknows Adam Hopkins · together at Morgan Stanley Capital Partners (overlapped)

×3knows the team · via The Wharton School

×4knows the team · via Morgan Stanley Capital Partners

×4knows the team · via Barclays

✨ Fox Verdict

Investment thesis

NextEquity Partners invests in consumer and enterprise technology companies positioned for their next phase of growth. It targets businesses with product leadership, substantial revenue (roughly $10-50m+), rapid growth in large addressable markets, compelling business models, strategic asset value, strong management, and collaborative cultures, while offering flexibility on deal structure and role. Drawing on deep technology, operating, and growth investing experience, the firm brings strategic tech industry relationships and introductions, plus advice spanning technology/engineering, finance/operations, and transactions.

Invests inConsumer Enterprise Software Media & Entertainment SaaS Menlo Park United States

Source: firm website, verified Aug 3, 2026.

Stage

Series B–Late Stage

Menlo Park, California, US

Instruments

Equity

Founded

2015

Last 12 months

1 investment

AUM

$240M

Tracked investments

Unicorns

IPOs

Acquisitions

Team · 11 people

from the firm's website & public directories

Avadis Tevanian, Jr.· General Partner

Fred Decker Anderson, Jr.· General Partner

Adam Hopkins· Co-Founder and Managing Director· Thônex, Geneva, Switzerlandin

Adam Hopkins is a Co-Founder and Managing Director of NextEquity Partners. He was previously a Managing Director and founding principal at Elevation Partners, and earlier worked as an Associate at Silver Lake Partners and as an Analyst at Morgan Stanley Capital Partners. He holds an A.B. in Economics from Princeton University and an M.B.A. from the Stanford University Graduate School of Business.

a•••@nextequity.comreveal

Avie Tevanian· Co-Founder and Managing Director

Avie Tevanian is Co-Founder and Managing Director of NextEquity Partners and also serves as a Managing Director of Elevation Partners, which he joined in January 2010. He previously spent nearly a decade at Apple as Chief Software Technology Officer and Senior Vice President of Software Engineering, leading development of Mac OS X, and earlier was VP of Software Engineering at NeXT Computer, where he worked on NeXTSTEP. He holds a B.A. in mathematics from the University of Rochester and M.S. and Ph.D. degrees in computer science from Carnegie Mellon University, where he helped design the Mach operating system.

a•••@nextequity.comreveal

Fred Anderson· Co-Founder and Managing Director· Menlo Park, California, United Statesin

Fred Anderson is a Co-Founder and Managing Director of NextEquity Partners, and also a Managing Director and Co-Founder of Elevation Partners. He previously served as Executive Vice President and Chief Financial Officer of Apple from 1996 to 2004, and held CFO roles at ADP and executive positions at MAI Systems Corporation. He began his career as a CPA and consulting manager at Coopers & Lybrand, and holds a BA from Whittier College and an MBA from UCLA.

f•••@nextequity.comreveal

Rami Reyes· Co-Founder and Managing Director· Miami, Florida, United Statesin

Rami Reyes is a Co-Founder and Managing Director at NextEquity Partners. He was previously a Principal and Senior Associate at Elevation Partners, where he worked on investment analysis, due diligence, and transaction execution across consumer and enterprise technology. He holds a B.S. in Economics from the Wharton School of the University of Pennsylvania.

r•••@nextequity.comreveal

Rachit Joshi· Principal· San Francisco, California, United Statesin

Rachit Joshi is a Principal at NextEquity Partners, where he works on sourcing and executing new investments. He previously held roles as a Senior Vice President at Carrick Capital Partners focused on growth equity in technology and services companies, and as a Vice President at Symphony Technology Group focused on software investments, following earlier work in investment banking at Lazard and Barclays. He holds a B.A. in Accounting and Finance and a Masters in Accounting from the University of Illinois.

r•••@nextequity.comreveal

Samir Afzal· Principal

s•••@nextequity.comreveal

Steve Vafier· Principal

Steve Vafier is a Principal at NextEquity Partners. He previously held Principal and Senior Associate roles at Elevation Partners, where he worked on investment analysis, due diligence, transaction execution, and business analytics across consumer and enterprise technology. Earlier in his career he was an investment banking analyst in Morgan Stanley's industrials group, and he holds a B.S. in Business Administration from UNC at Chapel Hill.

s•••@nextequity.comreveal

Alok Pandey· Venture Partner

Venture Partner at NextEquity Partners with 15+ years of operating and investing experience. He has served as CEO of Clubspeed and CFO of Twingate, and previously worked at Vector Capital, TCV, and JP Morgan.

Ted Meisel· Senior Advisor· Los Angeles

Ted Meisel is a Senior Advisor with NextEquity Partners and also serves as a Senior Advisor with Elevation Partners, with a background in digital media and advertising operations. He was CEO of Overture Services (originally GoTo.com), which he joined in 1998 and grew to $1 billion in revenue before its acquisition by Yahoo!, after which he served as president of Yahoo! Search Marketing; earlier roles include executive positions at CitySearch and eight years at McKinsey & Company and Strategic Planning Associates. He holds a B.A. from Dartmouth College and a J.D. from Stanford Law School.

t•••@nextequity.comreveal

What they invest in

from 21 of 39 portfolio companies

AI & Machine Learning ×11Enterprise Software ×9Cloud Computing ×5Consumer ×5Cybersecurity ×5Data & Infrastructure ×5SaaS ×5Marketplaces ×4

HQs:United States×19

Who they back

founder profiles across 16 portfolio companies

56%

solo founders

9 of 16 mapped founding teams

53%

repeat founders

of 19 founders with career history

Founding team size:solo founder×92 founders×43 founders×24+ founders×1

Where their founders studiedfrom 18 founders with education data

Stanford University Graduate School of Business ×2

What their founders studiedfrom 15 founders with field-of-study data

Engineering ×5Business & Management ×3Computer Science ×3Design & Architecture ×2Economics ×2

Investments · 39 tracked

founders shown can be your intro path

By year:2026 · 1 2024 · 1 2022 · 1 2021 · 1 2015 · 1 2014 · 16 dated

Yelpyelp.comNYSE: YELPFeb 2015

Yelp operates a local business review and advertising platform where consumers access ratings, reviews, and business information, while businesses use advertising products to reach consumers and operational subscription tools to manage their operations.

San Francisco, US

Jeremy Stoppelman(Executive Officer, Director)inRobert Krolik(Chief Financial Officer)Geoff Donaker(Chief Operating Officer)Laurence Wilson(Executive Officer)Joseph R Nachman(Executive Officer)

Board seat Fred Anderson· per SEC Form D

Co-investorsBessemer Venture Partners Dag Ventures Origin Ventures Riverfront Ventures, LLC Heretic Studio SciFi VC

Airbnbairbnb.com in 𝕏NASDAQ: ABNB

Airbnb is an online marketplace that enables people to book and list accommodations for short-term rentals, experiences, and services around the world.

ConsumerMarketplacesTravel & HospitalitySan Francisco, US

Brian Chesky(Airbnb Co-founder and Chief Executive Officer)in Nathan Blecharczyk(Airbnb Co-founder and Chief Strategy Officer)in Joe Gebbia(Airbnb Co-founder)in Joe G.(Founder)inBelinda Johnson(Executive Officer)in Laurence Tosi(Chief Financial Officer)in

Co-investors137 Ventures A.Capital Ventures A*ACME Capital Aglae Ventures Allied Venture Partners +57 more

Lyftlyft.com 𝕏NASDAQ: LYFT

Lyft is an on-demand ridesharing platform that connects passengers with drivers for various ride types, including standard rides, premium options, and other transportation services.

ConsumerEnterprise SoftwareMarketplacesMobility & TransportationSaaSSan Francisco, US

Logan Green(Co-founder & CEO)in John Zimmer(Co-founder & President)inDavid Risher(CEO)in

Co-investorsAglae Ventures Allied Venture Partners Alpha Wave Global Andreessen Horowitz Autotech Ventures Bling Capital +43 more

Sentinel Onesentinelone.com in 𝕏NYSE: S

SentinelOne provides an AI-powered cybersecurity platform for enterprises that integrates endpoint protection, threat detection, and incident response capabilities.

AI & Machine LearningCybersecurityEnterprise SoftwareMountain View, US

Tomer Weingarten(Chief Executive Officer, Co-Founder)inAlmog Cohen(Executive Officer, Director)in Sameet Mehta(Executive Officer, Director)in

BoardRobert Schwartz(Director)Dan Scheinman(Director)

Co-investorsDCVC (Data Collective)Everest Group Foothill Ventures Granite Hill Insight Partners Khosla Ventures +15 more

Sonossonos.comNASDAQ: SONONov 2014

Sonos designs and sells wireless speakers, soundbars, headphones, and related components that connect to a cloud platform enabling customers to stream audio across multiple rooms and integrate content from various services.

Santa Barbara, US

John MacFarlane(Executive Officer, Director)Craig Shelburne(Executive Officer)inMichael Giannetto(Executive Officer)Patrick SpenceinTom Conrad(Chief Executive Officer and President)in

BoardDavid Kerko(Director)

Co-investorsFORWARD.one Headline Headline Growth Management, LLC Index Ventures Redpoint Ventures Renaissance Technologies

Uberuber.com in 𝕏NYSE: UBER

Uber operates a multi-sided platform providing ride-sharing, food delivery, freight logistics, and business fleet management services across various global markets.

Logistics & Supply ChainMarketplacesMobility & TransportationSan Francisco, US

Travis Kalanick(Co-founder & CEO)Garrett Camp(Co-founder)Gautam Gupta(Executive Officer)inJeffrey Holden(Executive Officer)David Plouffe(Executive Officer)in Emil Michael(Executive Officer)in

Co-investors137 Ventures 408 Ventures A*ACME Capital Across Capital Partners Aglae Ventures +67 more

Alkiraalkira.comAcquired

Alkira provides on-demand, cloud-native network infrastructure as-a-service for hybrid and multi-cloud enterprise connectivity.

Amir K.(Founder)in

Co-investorsDallas Venture Capital Geodesic Capital Kleiner Perkins Koch Disruptive Technologies Presidio Ventures Sequoia Capital +2 more

Arctic Wolfarcticwolf.com in 𝕏

Arctic Wolf provides managed detection and response (MDR) services with 24x7 security teams that detect, investigate, and respond to threats using an open XDR platform processing trillions of events weekly.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaS

Brian NeSmith(Founder & CEO)in

Co-investors33N Artisanal Ventures Bright Pixel Capital ClearSky Cyber Mentor Fund Delta-v Capital +16 more

Bishop Foxbishopfox.com in 𝕏Nov 2022

Bishop Fox provides offensive security services, testing organizations' networks and applications with real-world attack techniques to identify vulnerabilities before they can be exploited.

CybersecurityEnterprise SoftwareTempe, US

Vincent Liu(Executive Officer, Director)inJake Kretz(VP of Cloud Engineering and Operations)Steve Huffman(Director)inFrancis P. Brown(Director)

Board William Lin(Director)in Donald R. Dixon(Director)in

Co-investorsCarrick Capital Partners ForgePoint Capital

Bridgbridg.com in

Bridg provides in-store identity resolution that links anonymous point-of-sale transactions to known customer profiles or creates new ones, enriching them with extended attributes to expand a retailer's first-party data.

AdTechData & InfrastructureMarketing TechRetail TechLos Angeles, US

Amit Jain(Executive Officer, Director)inMichael Horowitz(Executive Officer)Michael Bell(Executive Officer)inJuan Pereira(Executive Officer)James Armstrong(Director)

Board Joseph Miller(Director)in

Co-investorsKarlin Ventures March Capital Partners Mucker Capital Clearstone Venture Partners Morpheus Ventures TenOneTen Ventures

Business Talent Group in

Pacific Palisades, US

Amelia Tyagi(Executive Officer, Director)in Jody Miller(Executive Officer, Director)inPatricia Petersen(Executive Officer)in

Board Adam Hopkins(Director)inJohn Griffen(Director)

Circlecicircleci.com in 𝕏

CircleCI develops continuous integration and continuous delivery (CI/CD) tooling that helps software development and developer-experience teams build, test, and ship code faster and more reliably.

Cloud ComputingDeveloper ToolsEnterprise SoftwareSaaSSan Francisco, US

Allen RohnerinPaul BiggarinJim Rose(Chief Executive Officer)inRob Zuber(Chief Technology Officer)inChitra Balasubramanian(Chief Financial Officer)Judson Griffin(Chief Revenue Officer)

Co-investors500 Global DCVC (Data Collective)Draper Associates Heavybit IVP (Institutional Venture Partners)Sapphire Ventures +7 more

Clarifaiclarifai.com in 𝕏Oct 2021 · $60M

Clarifai developed AI inference technology and compute orchestration software for running and optimizing machine learning models at scale.

AI & Machine LearningCloud ComputingData & InfrastructureNew York, US

Matthew Zeiler(Executive Officer, Director)in

Board Albert Wenger(Director)in

Co-investorsBright Pixel Capital Corazon Capital GV (Google Ventures)Lux Capital Menlo Ventures New Enterprise Associates (NEA)+12 more

Coralogixcoralogix.com in 𝕏

Coralogix provides an observability platform that analyzes real-time telemetry with AI-powered investigation and cost controls for engineering teams.

AI & Machine LearningCloud ComputingData & InfrastructureDeveloper ToolsSaaS

Ariel Assaraf(CEO & Co-founder)in Yoni Farin‏(Founder)in Yoni Farin(CTO & Co-founder)in Chetan Chaudhary(CRO)inYael Sapir-Zahavi(CHRO)Eran Hadad(CFO)in

Co-investors2B.VC Aleph Bright Pixel Capital Brighton Park Capital Greenfield Partners Joule Ventures +7 more

Cumulus Networkscumulusnetworks.com in 𝕏acquired by NVIDIA

The page presents NVIDIA Spectrum Ethernet switches and the NVIDIA Cumulus Linux network operating system for building and operating data center networks, including Ethernet infrastructure for AI workloads.

Cloud ComputingData & InfrastructureHardware

Co-investorsAndreessen Horowitz Battery Ventures Titanium Ventures Wing Top Tier Capital Partners

Get Coveredgetcovered.io

GetCovered builds software that connects property insurance and real estate operations, serving insurance carriers, agencies, property managers, landlords, and membership associations.

AI & Machine LearningEnterprise SoftwareInsurTechPropTechNew York, US

Ash Bell(Director)Brandon Tobman(Executive Officer, Director)Ryan Solomon(Executive Officer, Director)Dylan Gaines(Executive Officer, Director)

Board John Helm(Director)in

Co-investorsRET Ventures

Higgsfield AIhiggsfield.ai in 𝕏Jan 2024

Higgsfield is a platform for creating and generating visual content, including images, videos, and cinematic scenes using AI models.

AI & Machine LearningCreator EconomyMedia & EntertainmentLos Gatos, US

Alex Mashrabov(Founder & CEO)inYerzat Dulat(Executive Officer, Director)in Mahi De Silva(Co-founder)in

Co-investors1982 Ventures Accel Alpha Intelligence Capital Alpha Square Group Angel Collective Opportunity Fund Bitkraft Esports Ventures +14 more

Luxury Presenceluxurypresence.com in 𝕏

Luxury Presence is an all-in-one growth marketing platform designed for real estate professionals and firms to build brands, increase marketing ROI, and enhance customer experience.

AI & Machine LearningMarketing TechPropTechSaaS

Malte Kramer(Founder)in

Co-investorsBessemer Venture Partners Immeasurable Roar Ventures Scribble Ventures Switch Ventures The MBA Fund +2 more

Master Classmasterclass.com

Online education subscription platform with pre-recorded tutorials and lectures by experts.

David Rogier(Founder)in

Co-investorsAdvancit Capital Akkadian Ventures Blackbird Giants Brighter Capital Cleo Capital Evolution VC Partners +23 more

MFourmfour.com

M/Four provides consumer research and product intelligence through validated survey data combined with location and behavioral analytics.

AI & Machine LearningConsumerData & InfrastructureMarketing TechRetail Tech

Co-investorsNewRoad Capital Partners, LLC

Safe Securitysafe.security in 𝕏

SAFE Security provides an AI-driven platform for cyber risk management, covering third-party risk management (TPRM), continuous threat exposure management (CTEM), AI security posture management (AI-SPM), and cyber risk quantification (CRQ).

AI & Machine LearningCybersecurityEnterprise Software

Saket Modi(Founder & CEO)in

Co-investorsAlliance of Angels Avataar Venture Partners JC2 Ventures MS&AD Ventures Paladin Capital Group Titanium Ventures +5 more

Sight Machinesightmachine.com

Sight Machine develops AI agents that optimize manufacturing operations by analyzing industrial data, connecting production systems, and providing autonomous recommendations to improve output and reduce waste.

Advanced ManufacturingAI & Machine LearningEnterprise SoftwareSan Francisco, US

Jon Sobel(Chief Executive Officer and President)inNathan Oostendorp(Secretary and Treasurer)

Board Adrian Fortino(Director)inMark Jacobsen(Director)Roger Ehrenberg(Director)

Co-investorsDnx Ventures eLab Ventures FundersClub Future Energy Ventures Huron River Ventures Mercury Fund +3 more

Subjectsubject.com in 𝕏Mar 2026

Subject provides AI-powered personalized learning solutions for K-12 schools, including cinematic curriculum, certified teacher of record support, and learning intelligence that monitors student progress and intervenes proactively.

AI & Machine LearningEdTechPalo Alto, US

Alfred Zlogar(Executive Officer, Director, Promoter)Mike Vilardo(Founder)inMichael Vilardo(Founder)in

BoardBrian Andrews(Director)

Co-investorsEvolution Ventures Four Acres Capital Hannah Grey Ventures L'ATTITUDE Ventures Open Opportunity Fund Owl Ventures +5 more

The Bouqsthebouqs.com

The Bouqs Co. is an online flower delivery service that sources arrangements directly from sustainable farms and offers next-day, same-day, and subscription delivery across the U.S.

ConsumerDirect to ConsumerE-commerce

Co-investorsAliment Capital Azure Capital Partners Draper Associates Quest Venture Partners

The Real Real x-tech-roboticstherealreal.com in 𝕏

The RealReal is an online marketplace for authenticated luxury consignment, allowing consumers to buy and sell pre-owned designer clothing, accessories, jewelry, watches, and home goods.

Circular EconomyConsumerE-commerceMarketplacesSan Francisco, US

Julie Wainwright(Executive Officer, Director)Matt Gustke(Executive Officer)inHenry V. Barry(Executive Officer)

Board Mathias Schilling(Director)inCynthia Ringo(Director)Keval Desai(Director)in

Co-investorsAcrew Capital Aspect Ventures Bright Pixel Capital Canaan Partners DBL Partners Expansion Venture Capital +11 more

Venafivenafi.com in 𝕏

Venafi, now part of CyberArk as CyberArk Machine Identity Security, provides machine identity security including certificate lifecycle management, enterprise PKI, workload identity management, secure code signing, and SSH security.

Cloud ComputingCybersecurityEnterprise Software

Co-investorsDelta-v Capital Harmonic Growth Partners Mercato Partners QuestMark Partners Top Corner Capital Intel Capital +1 more

Other

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

AlembicBitStew SystemsBooster FuelsBusiness TalentFacebookFilmhubKoreaiMarketShareMedsphereOnshoreRingSafeTonal

Exits · 8

6 IPOs · 2 acquisitions · showing 7

YelpNYSE: YELPAirbnbNASDAQ: ABNBLyftNASDAQ: LYFTSentinel OneNYSE: SSonosNASDAQ: SONOUberNYSE: UBERCumulus Networksacq. by NVIDIA

Portfolio news

latest coverage across their companies

Uber invests $10M in Indian fleet operator Carrum at $168M valuation

Uber · techcrunch.com · Sep 9, 2026

Sonos sees your AirPods Max 2 and raises you an Ace ‘Ultra’, and the much-rumored second-generation headphones sound extreme | TechRadar

Sonos · techradar.com · Aug 12, 2026

Susquehanna raises Lyft stock price target on solid outlook By Investing.com

Lyft · investing.com · Aug 10, 2026

How Investors May Respond To Yelp (YELP) Tightening 2026 Revenue Guidance And Rising AI Tool Adoption

Yelp · sahmcapital.com · Aug 10, 2026

TheRealReal earnings in focus as luxury resale leader eyes profit By Investing.com

The Real Real x-tech-robotics · ca.investing.com · Aug 6, 2026

Lumen Q2 2026 slides: strategic revenue crosses 50%, Alkira closed By Investing.com

Alkira · investing.com · Aug 4, 2026

Earnings Preview: What To Expect From Airbnb’s Report

Airbnb · barchart.com · Jul 17, 2026

Higgsfield AI Raises $500M at $5B Valuation — $500M ARR | MasterNodeAI

Higgsfield AI · masternodeai.com · Jul 2, 2026

Frequently asked questions

How many investments has NextEquity Partners made?: NextEquity Partners has 39 tracked investments, 8 of which have exited, including 1 dated in the last 24 months.
What stage does NextEquity Partners invest at?: NextEquity Partners invests at the Series B, Series C, Growth, Late Stage stages.
What sectors does NextEquity Partners focus on?: NextEquity Partners focuses on Consumer, Enterprise Software, Media & Entertainment, SaaS.
Where is NextEquity Partners located?: NextEquity Partners is headquartered in Menlo Park, US.
Who does NextEquity Partners co-invest with?: NextEquity Partners most often shares deals with Bright Pixel Capital, Draper Associates, Accel, among 194 tracked co-investors.

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