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
Next Ventures Funds
| Name | Type |
|
|
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Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
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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
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