Next Ventures

Investor type

VC

Founded

2019

AUM

$50 M

Location

San Francisco, California, United States

Investment Ticket

$1-5 m

Investment Stage

Seed Series A Series B

Region of investment

North America South America Europe Middle East Africa Asia Australia and others
Investor profile last updated: 16 August, 2026

Profile

Next Ventures is a venture capital firm based in the United States, co-founded in 2019 by Lance Armstrong, a former professional cyclist and cancer survivor, and Mel Strong, a veteran from Nike. They focus on early-stage investments and have a team comprising individuals with diverse backgrounds, including healthcare, technology, and sports. What differentiates them is their emphasis on 'Whole Person Health' and providing innovative health care access by partnering with founders aiming to enhance human capability.

The firm is dedicated to investing in sectors such as HealthTech, AI, Digital, Life Sciences, and Sports/SportsTech. Their investment stages are typically early-stage, including Seed and Series A. Geographically, they have a global reach. Lance Armstrong's previous role as an active angel investor and a limited partner in notable funds leads to a robust portfolio and an extensive network.

Notable investments by Next Ventures include Oura Ring - a smart health ring, Healthier Intelligence - a clinical intelligence platform, and Tokaido Health - intelligent pharmacy benefit navigation. Other key investments are Pair Team - an AI-powered care system, and Cofertility - an egg donation platform.

Industry

Deeptech MedTech Machine Learning (ML) Biotechnology Consumer Products Digital Healthcare Services Sports/SportsTech AI Technology Life Sciences HealthTech Consumer Services (B2C)

Next Ventures Funds

Name Type
Questionare
Industry
Questionare
Stage
Questionare
Region
Size AUM Launch date
Next Ventures Fund
Venture Capital (VC)
Consumer Products
Consumer Services (B2C)
Healthcare Services
Sports/SportsTech
Technology
HealthTech
Pre-seed
Seed
North America
$5-10 m
$50 M
August 2021

Contacts

Name
Title
Email
avatar
Lance Armstrong Managing Partner at NEXT Ventures
Managing Partner at NEXT Ventures
l•••@•••
avatar
Jordan Pascasio Pareja
Pareja
j•••@•••
Upgrade to see contacts
avatar
8bueRCalH0J7zBMw 8bueRCalH0J7zBMw
8bueRCalH0J7zBMw
avatar
8bueRCalH0J7zBMw 8bueRCalH0J7zBMw
8bueRCalH0J7zBMw
avatar
8bueRCalH0J7zBMw 8bueRCalH0J7zBMw
8bueRCalH0J7zBMw
Investment-team contacts for Next Ventures — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
Instant access on the web. Plans from $129/month — see pricing.
Contacts sourced from the firm's website and LinkedIn, re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

FAQs about Next Ventures

Next Ventures is a venture capital firm. It backs companies at Seed, Series A and Series B, writing tickets of $1-5 m.
Next Ventures is located in San Francisco, California, United States.
Next Ventures was founded in 2019.
Next Ventures invests in companies and startups in Deeptech, MedTech, Machine Learning (ML), Biotechnology, Consumer Products, Digital, Healthcare Services, Sports/SportsTech, AI, Technology, Life Sciences, HealthTech, Consumer Services (B2C).
Next Ventures invests in companies and startups in North America, South America, Europe, Middle East, Africa, Asia, Australia and others.
Next Ventures invests in companies and startups at Seed, Series A, Series B.
Next Ventures usually invests $1-5 m on average.
Next Ventures has around $50m assets under management.
Next Ventures last fund was created/launched in 2021-08-18
Next Ventures can be reached through its website nextventures.com, its LinkedIn page and its X account. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Next Ventures — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query Next Ventures directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.
Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 16 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.