United States · Investor

Next Level Ventures

Filed with the SEC to raise a fund in Feb 2026, closing $16M. Last cheque observed Oct 2024.

VC firmQuietNew fund $16M, Feb 2026

SeedSeries ASeries BSmart ClothesFintechsBusiness-to-business

Cheques on record
0%of best year0cheques in 12 months, 6 on record
Since the last cheque736days00hrs00min00sec
Median round$6.1MCheque size, as they say$500K – $10MRounds led0 of 6Sole investor2 roundsMostly inUnited States, 100%
Pitch Next Level Ventures

Next Level Ventures highlights

  1. 01

    6 rounds on record

  2. 02

    Mostly Series A and Venture: 80% of its rounds

  3. 03

    Sole investor in 2 rounds, median $2.3M

What they do

Next Level Ventures is an Iowa-based investment firm that manages over $400 million in assets across a portfolio of over 45 companies, and we invest in companies at seed stage, growth stage, and everywhere in between.From their own website
Type
VC firm (from a list, unverified)
Cheque size
$500K – $10M as they say
Stages
SeedSeries ASeries BGrowth
Sectors
Smart ClothesFintechsBusiness-to-business
Based in
Des Moines, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first6 appearances

  1. 2024

    1 round

  2. Oct
    HummingbirdsSeed · US · TechCrunch$5.4MWith 7 others
  3. 2017

    1 round

  4. Jan
    DwollaUS · Clayandmilk$6.8MWith 6 others
  5. 2015

    2 rounds

  6. Sept
    MetaCommunicationsSeries A · US$8.0MWith 2 others
  7. Apr
    1CommMedicalVenture · US$2.5MSole investor
  8. 2014

    2 rounds

  9. Oct
    VIDA DiagnosticsVenture · US$2.0MSole investor
  10. Jul
    BirdDogSeries A · US$4.0MWith 1 other

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 registration4 named

CICraig Irvin IbsenManaging Principal of General Partner, Next Level Ventures GP V, LLCiFiling they signed
DTDave TuckerManaging Principal of General Partner, Next Level Ventures GP V, LLCiFiling they signed
EKElizabeth KeehnerManaging Principal of General Partner, Next Level Ventures GP V, LLCiFiling they signed
RSRoger ScholtenManaging Principal of General Partner, Next Level Ventures GP V, LLCiFiling they signed

We also hold 12 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

$692Mgross assets of its fundsOct 2026
Exemptreporting adviserventure or small private funds
Legal name
NEXT Level Ventures, LLC
SEC number
CRD 305666

What they claim to have backed

From their own portfolio page (on their website)

30 of 60 we have independently watched raise

AkuvoAlluresecurityBankjoyBlastpointBoweryvaluationCovianceCreditmountainDefensestormDrylandgeneticsDwollaEquipifiFacteusGreenlightHimaxwellIotamotionLoan-streetMazenanimalhealthNeuralpaymentsNymbusOpenloophealthPathwarePatientfiPitchlyPortxPoshRenofiRoboflowSilvurTractorzoomZestAgstartupengineAlgaeAmesedcArcoroBirddoghrBuiltbyhltCertintellEltropyFarmlandfinderGLOBAL REACHGet Adobe Acrobat ReaderGetconnectivityGetdistynctGocaribouIgor-techLetsMachMakusafeMsuitePayrailzProvisioniamPulsatehqTaponitThehummingbirdsVertexvisVidalungViewpointmtWebcarehealthWinpropetWithclutchand 2 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.

Recently backed

The latest companies Next Level Ventures put money into.

Quick answers about Next Level Ventures

What does Next Level Ventures invest in?

Next Level Ventures invests most often at Series A and Venture (80% of the rounds on record), in sectors such as Smart Clothes, Fintechs and Business-to-business.

How active is Next Level Ventures?

6 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2024.

What has Next Level Ventures invested in recently?

Its most recent investments on record: Hummingbirds (Seed, Oct 2024) and Dwolla (Undisclosed round, Jan 2017).

How big are Next Level Ventures's cheques?

The median round it joins is $6.1M. It says it writes cheques of $500K to $10M.

Does Next Level Ventures lead rounds?

Rarely, if at all: none of its 6 investments on record names it as the lead.

Where does Next Level Ventures invest?

Most of the companies it backs are in the United States (100%).

Is Next Level Ventures investing now?

No investments in the last 12 months; the latest was in Oct 2024.

What kind of investor is Next Level Ventures?

Next Level Ventures is a VC firm based in Des Moines, United States.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it