# Next Coast Ventures: portfolio, investments and team

> Next Coast Ventures is a vc firm based in United States. 73 investments on record, 4 in the last 12 months, latest Feb 2026.

Source: https://millionrounds.com/fund/next-coast-ventures (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Next Coast Ventures

Last cheque observed Feb 2026; 73 cheques on record.

Email

Deploying now New fund $190M, Mar 2022 VC firm

Pre-seed Seed Series A Fintech Media Health

Follow Next Coast Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fnext-coast-ventures)

Deploying now

**29%** of best year **4** **cheques in 12 months**, 73 on record

Since the last cheque **246** days **00** hrs **00** min **00** sec

Median round **$5.2M** Cheque size, as they say **$100K – $5.0M** Rounds led **5 of 73** Sole investor **7 rounds** Mostly in **United States, 95%**

Pitch Next Coast Ventures

## Next Coast Ventures highlights

- 01 4 cheques in the last 12 months
- 02 Mostly Seed and Series A: 68% of its rounds
- 03 Sole investor in 7 rounds, median $3.0M

## What they do

> We invest in emerging, 'next coast' companies at the critical stage of development to launch them into hyper-growth. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $100K – $5.0M as they say
- **Stages:** Pre-seed Seed Series A Series B Growth
- **Sectors:** Fintech Media Health
- **Based in:** Austin, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **73 appearances**

- **2026** 3 rounds
- **Feb** **[BrainCheck](https://millionrounds.com/company/braincheck)** Series A · US · Ventureburn **$13M** With 3 others
- **Jan** **[Flip CX](https://millionrounds.com/company/flip-cx)** Series A · US · Crunchbase News **$20M** *Led*
- **Jan** **[Legion Health](https://millionrounds.com/company/legion-health)** Venture · US **Undisclosed** With 3 others
- **2025** 11 rounds
- **Dec** **[Outlier](https://millionrounds.com/company/outlier)** Series A · US **$5.7M** With 2 others
- **Oct** **[LeanDNA](https://millionrounds.com/company/leandna)** Venture · US **Undisclosed** With 1 other
- **Sept** **[Loman AI](https://millionrounds.com/company/loman-ai)** Seed · US · Crunchbase News **$3.5M** *Led*
- **Sept** **[Scorability](https://millionrounds.com/company/scorability)** Venture · US **$40M** With 1 other
- **Aug** **[Somite](https://millionrounds.com/company/somite)** Venture **$48M** With 4 others
- **Jun** **[UpEquity](https://millionrounds.com/company/upequity)** Debt · US **$200M** With 5 others
- **May** **[Cloverpop](https://millionrounds.com/company/cloverpop)** Venture · US **$3.4M** With 3 others
- **May** **[Uplinq](https://millionrounds.com/company/uplinq)** Series A · CA **$10M** With 1 other
- **Apr** **[Steadily](https://millionrounds.com/company/steadily)** Series C · US **$30M** With 3 others
- **Mar** **[CollX](https://millionrounds.com/company/collx)** Series A · US · TechCrunch **$10M** With 7 others
- **Mar** **[Acadeum](https://millionrounds.com/company/acadeum)** Venture · US **$1.7M** Sole investor
- **2024** 9 rounds
- **Nov** **[Fondo](https://millionrounds.com/company/fondo)** Seed · US **$7.0M** With 4 others
- **Oct** **[Marqii](https://millionrounds.com/company/marqii)** Venture · US **$10M** With 3 others
- **Sept** **[Statt](https://millionrounds.com/company/statt)** Seed · US **$2.8M** With 1 other
- **Sept** **[FloorFound](https://millionrounds.com/company/floorfound)** US **$500K** With 3 others
- **Aug** **[Submittable](https://millionrounds.com/company/submittable)** Venture · US **$92M** With 3 others
- **Jul** **[Grazzy](https://millionrounds.com/company/grazzy)** Seed · US **$4.0M** With 1 other
- **Jul** **[Endless Health](https://millionrounds.com/company/endless-health)** Seed · US **$4.5M** With 2 others
- **Jun** **[VirtualZ Computing](https://millionrounds.com/company/virtualz-computing)** Venture · US **$2.1M** With 1 other
- **Jan** **[Vital Interaction](https://millionrounds.com/company/vital-interaction)** Series A · US **$15M** With 1 other
- **2023** 8 rounds
- **Aug** **[Alias Technologies](https://millionrounds.com/company/alias-technologies)** Seed · US **$3.0M** With 2 others
- **Aug** **[Upgrade Boutique](https://millionrounds.com/company/upgrade-boutique)** Seed · US **$20K** With 2 others
- **Aug** **[Osano](https://millionrounds.com/company/osano)** Series B · US **$25M** With 2 others
- **Jun** **[Copilot](https://millionrounds.com/company/copilot)** Series A · US **$23M** With 1 other
- **May** **[Ceresa](https://millionrounds.com/company/ceresa)** Venture · US **$750K** With 3 others
- **Apr** **[Judy Security](https://millionrounds.com/company/judy-security)** Series A · US **$5.0M** With 5 others
- **Feb** **[Frontrow Health](https://millionrounds.com/company/frontrow-health)** Seed · US **$3.0M** Sole investor
- **Jan** **[Aclaimant](https://millionrounds.com/company/aclaimant)** Venture · US **$2.5M** With 3 others
- **2022** 8 rounds
- **Aug** **[CrowdHealth](https://millionrounds.com/company/crowdhealth)** Series A · US **$6.1M** Sole investor
- **Jul** **[Hip eCommerce](https://millionrounds.com/company/hip-ecommerce)** Venture · US **Undisclosed** With 3 others
- **Jun** **[Audience.co](https://millionrounds.com/company/audience-co)** Series A · US **$10M** Sole investor
- **Apr** **[CoreChain Technologies](https://millionrounds.com/company/corechain-technologies)** Seed · US **$4.2M** With 3 others
- **Feb** **[Architect.io](https://millionrounds.com/company/architect-io)** Seed · US **$5.0M** With 2 others
- **Feb** **[Passage](https://millionrounds.com/company/passage)** Seed · CA **$4.0M** With 2 others
- **Feb** **[Haul](https://millionrounds.com/company/haul)** Seed · US **$10M** With 4 others
- **Jan** **[First Dollar](https://millionrounds.com/company/first-dollar)** Series A · US **$14M** With 2 others
- **2021** 7 rounds
- **Nov** **[Backtracks](https://millionrounds.com/company/backtracks)** Pre-seed · US **$200K** With 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **4 named**

CT **Charles Thomas Ball** Manager of the Upper-Tier GP i Filing they signed

KD **Kaitlyn Debernardo** Chief Compliance Officer/ Chief Operating Officer i Form ADV

MA **Michael Arthur Smerklo** Managing Member i Form ADV

MT **Mike Thomas Smerklo** Manager of the Upper-Tier GP i Filing they signed

We also hold **21** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$430M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** NEXT Coast Ventures, LLC
- **SEC number:** CRD 283699

Funds on its Form ADV

**9** private funds, **$403M** in gross assets · filed May 2024

Venture **7** Private equity **2**

- Next Coast Ventures I, L.P. *Venture* 66 investors $162M
- Next Coast Ventures II, L.P. *Venture* 54 investors $106M
- Next Coast Ventures III, L.P. *Venture* 101 investors $43M
- Next Coast ETA I, L.P. *Private equity* 79 investors $40M
- NCV Select I, L.P. *Venture* 48 investors $29M
- NCV Entrepreneurs Fund I, L.P. *Venture* 56 investors $8.1M
- NCV Entrepreneurs Fund III, L.P. *Venture* 72 investors $7.1M
- NCV Entrepreneurs Fund II, L.P. *Venture* 86 investors $6.4M
- Next Coast ETA Entrepreneurs Fund I, L.P. *Private equity* 13 investors $1.3M

## What they claim to have backed

From their own portfolio page (on their website)

**48** of 60 we have independently watched raise

[Acadeum](https://millionrounds.com/company/acadeum)[Aceable](https://millionrounds.com/company/aceable)[Aclaimant](https://millionrounds.com/company/aclaimant)[Alertmedia](https://millionrounds.com/company/alertmedia)[Architect](https://millionrounds.com/company/architect)[Braincheck](https://millionrounds.com/company/braincheck)[Brava](https://millionrounds.com/company/brava)[Cardlytics](https://millionrounds.com/company/cardlytics)[Ceresa](https://millionrounds.com/company/ceresa)[Chargeback](https://millionrounds.com/company/chargeback)[Collx](https://millionrounds.com/company/collx)[Diligentrobots](https://millionrounds.com/company/diligent-robotics)[Domainmoney](https://millionrounds.com/company/domain-money)[Dosh](https://millionrounds.com/company/dosh)[Dropoff](https://millionrounds.com/company/dropoff)[Enboarder](https://millionrounds.com/company/enboarder)[Eterneva](https://millionrounds.com/company/eterneva)[Everlywell](https://millionrounds.com/company/everlywell)[Firstdollar](https://millionrounds.com/company/first-dollar)[Floorfound](https://millionrounds.com/company/floorfound)[Grazzy](https://millionrounds.com/company/grazzy)[Hipecommerce](https://millionrounds.com/company/hip-ecommerce)[Judysecurity](https://millionrounds.com/company/judy-security)[Kronologic](https://millionrounds.com/company/kronologic)[Leandna](https://millionrounds.com/company/leandna)[Loman](https://millionrounds.com/company/loman-ai)[Marqii](https://millionrounds.com/company/marqii)[Osano](https://millionrounds.com/company/osano)[Outlier](https://millionrounds.com/company/outlier)[Propensity](https://millionrounds.com/company/propensity)[Scorability](https://millionrounds.com/company/scorability)[Sift](https://millionrounds.com/company/sift)[Somite](https://millionrounds.com/company/somite)[Statt](https://millionrounds.com/company/statt)[Steadily](https://millionrounds.com/company/steadily)[Stoplight](https://millionrounds.com/company/stoplight)[Streetsmartsvr](https://millionrounds.com/company/street-smarts-vr)[Submittable](https://millionrounds.com/company/submittable)[Swivel](https://millionrounds.com/company/swivel)[Tenfold](https://millionrounds.com/company/tenfold)[Tinyhealth](https://millionrounds.com/company/tiny-health)[Trustradius](https://millionrounds.com/company/trustradius)[Tuned](https://millionrounds.com/company/tuned)[Upequity](https://millionrounds.com/company/upequity)[Uplinq](https://millionrounds.com/company/uplinq)[Vertalo](https://millionrounds.com/company/vertalo)[Virtualzcomputing](https://millionrounds.com/company/virtualz-computing)[Vitalinteraction](https://millionrounds.com/company/vital-interaction) Able Arcade Befakeai Besthearttest Conversifi Copilotsearch Corechain Cuvrd Distribute Drinkboxt Frontrowmd Galileohealth and 15 more

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

New fund on file

**$190M**

raised in Mar 2022

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$5.2M** the round, not its cheque Alone, median **$3.0M**

Led 5 of 73 rounds **7%**

- **Said size:** $100K – $5.0M
- **Sole investor:** 7 rounds
- **Last cheque:** Feb 2026

Rounds by stage said on their site

- Seed said *25*
- Series A said *18*
- Venture *12*
- Series C *5*
- Series B said *3*
- Pre-seed said *-*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Capital Factory](https://millionrounds.com/fund/capital-factory) 11
- [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) 5
- [LiveOak Ventures](https://millionrounds.com/fund/liveoak-ventures) 5
- [S3 Ventures](https://millionrounds.com/fund/s3-ventures) 4
- [Silverton Partners](https://millionrounds.com/fund/silverton-partners) 4
- [True Ventures](https://millionrounds.com/fund/true-ventures-2) 4

**Pitching Next Coast Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Next Coast Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**Capital Factory** VC firm **11** rounds together](https://millionrounds.com/fund/capital-factory)[**Goodwater Capital** VC firm **5** rounds together](https://millionrounds.com/fund/goodwater-capital)[**LiveOak Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/liveoak-ventures)[**S3 Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/s3-ventures)[**Silverton Partners** VC firm **4** rounds together](https://millionrounds.com/fund/silverton-partners)[**True Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/true-ventures-2)[**Y Combinator** Accelerator **4** rounds together](https://millionrounds.com/fund/y-combinator)[**Alumni Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[**FJ Labs** VC firm **3** rounds together](https://millionrounds.com/fund/fj-labs)[**Floodgate** VC firm **3** rounds together](https://millionrounds.com/fund/floodgate)[**Flybridge** VC firm **3** rounds together](https://millionrounds.com/fund/flybridge)[**Gaingels** Private equity **3** rounds together](https://millionrounds.com/fund/gaingels)

## Recently backed

The latest companies Next Coast Ventures put money into.

[**BrainCheck** $13M · Feb 2026](https://millionrounds.com/company/braincheck)[**Legion Health** Jan 2026](https://millionrounds.com/company/legion-health)[**Outlier** $5.7M · Dec 2025](https://millionrounds.com/company/outlier)[**LeanDNA** Oct 2025](https://millionrounds.com/company/leandna)[**Loman AI** $3.5M · Sept 2025](https://millionrounds.com/company/loman-ai)[**Scorability** $40M · Sept 2025](https://millionrounds.com/company/scorability)

## Mentioned on podcasts

Episodes that name Next Coast Ventures in their description, not their title.

- [The Full Ratchet](https://millionrounds.com/podcasts/full-ratchet) 19 Apr 2021 · 48 min 278. The Sustainable & Temporary Trends of COVID, The Self-Aware Founder, and Writing the Survival Guide for the Mental Aspect of Entrepreneurship (Mike Smerklo) Mentions [Next Coast Ventures](https://millionrounds.com/fund/next-coast-ventures) Apple PodcastsShow page

## Quick answers about Next Coast Ventures

### What does Next Coast Ventures invest in?

Next Coast Ventures invests most often at Seed and Series A (68% of the rounds on record), in sectors such as Fintech, Media and Health.

### How active is Next Coast Ventures?

73 investments on record, 4 of them in the last 12 months, and it led 5. The most recent was in Feb 2026.

### What has Next Coast Ventures invested in recently?

Its most recent investments on record: BrainCheck (Series A, Feb 2026), Flip CX (Series A, Jan 2026) and Legion Health (Venture, Jan 2026).

### How big are Next Coast Ventures's cheques?

The median round it joins is $5.2M. It says it writes cheques of $100K to $5.0M.

### Does Next Coast Ventures lead rounds?

Sometimes: it led 5 of its 73 investments on record (7%).

### Where does Next Coast Ventures invest?

Most of the companies it backs are in the United States (95%) and Canada (5%).

### Is Next Coast Ventures investing now?

Yes: it is actively investing, with 4 investments in the last 12 months.

### Who does Next Coast Ventures invest alongside?

Most often Capital Factory (11 rounds together), Goodwater Capital (5 rounds together) and LiveOak Ventures (5 rounds together).

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