# Next Level Ventures: portfolio, investments and team > Next Level Ventures is a vc firm based in United States. 6 investments on record, latest Oct 2024. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/next-level-ventures (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Next Level Ventures Filed with the SEC to raise a fund in Feb 2026, closing $16M. Last cheque observed Oct 2024. Email VC firm Quiet New fund $16M, Feb 2026 Seed Series A Series B Smart Clothes Fintechs Business-to-business Follow Next Level Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fnext-level-ventures) Cheques on record **0%** of best year **0** **cheques in 12 months**, 6 on record Since the last cheque **736** days **00** hrs **00** min **00** sec Median round **$6.1M** Cheque size, as they say **$500K – $10M** Rounds led **0 of 6** Sole investor **2 rounds** Mostly in **United States, 100%** Pitch Next Level Ventures ## Next Level Ventures highlights - 01 6 rounds on record - 02 Mostly Series A and Venture: 80% of its rounds - 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:** Seed Series A Series B Growth - **Sectors:** Smart Clothes Fintechs Business-to-business - **Based in:** Des Moines, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **6 appearances** - **2024** 1 round - **Oct** **[Hummingbirds](https://millionrounds.com/company/hummingbirds)** Seed · US · TechCrunch **$5.4M** With 7 others - **2017** 1 round - **Jan** **[Dwolla](https://millionrounds.com/company/dwolla)** US · Clayandmilk **$6.8M** With 6 others - **2015** 2 rounds - **Sept** **[MetaCommunications](https://millionrounds.com/company/metacommunications)** Series A · US **$8.0M** With 2 others - **Apr** **[1CommMedical](https://millionrounds.com/company/1commmedical)** Venture · US **$2.5M** Sole investor - **2014** 2 rounds - **Oct** **[VIDA Diagnostics](https://millionrounds.com/company/vida-diagnostics)** Venture · US **$2.0M** Sole investor - **Jul** **[BirdDog](https://millionrounds.com/company/birddog)** Series A · US **$4.0M** With 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 registration **4 named** CI **Craig Irvin Ibsen** Managing Principal of General Partner, Next Level Ventures GP V, LLC i Filing they signed DT **Dave Tucker** Managing Principal of General Partner, Next Level Ventures GP V, LLC i Filing they signed EK **Elizabeth Keehner** Managing Principal of General Partner, Next Level Ventures GP V, LLC i Filing they signed RS **Roger Scholten** Managing Principal of General Partner, Next Level Ventures GP V, LLC i Filing 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 **$692M** gross assets of its funds Oct 2026 **Exempt** reporting adviser venture 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 [Akuvo](https://millionrounds.com/company/akuvo)[Alluresecurity](https://millionrounds.com/company/allure-security)[Bankjoy](https://millionrounds.com/company/bankjoy)[Blastpoint](https://millionrounds.com/company/blastpoint)[Boweryvaluation](https://millionrounds.com/company/bowery-valuation)[Coviance](https://millionrounds.com/company/coviance)[Creditmountain](https://millionrounds.com/company/credit-mountain)[Defensestorm](https://millionrounds.com/company/defensestorm)[Drylandgenetics](https://millionrounds.com/company/dryland-genetics)[Dwolla](https://millionrounds.com/company/dwolla)[Equipifi](https://millionrounds.com/company/equipifi)[Facteus](https://millionrounds.com/company/facteus)[Greenlight](https://millionrounds.com/company/greenlight)[Himaxwell](https://millionrounds.com/company/maxwell-financial-labs)[Iotamotion](https://millionrounds.com/company/iotamotion)[Loan-street](https://millionrounds.com/company/loanstreet)[Mazenanimalhealth](https://millionrounds.com/company/mazen-animal-health)[Neuralpayments](https://millionrounds.com/company/neural-payments)[Nymbus](https://millionrounds.com/company/nymbus)[Openloophealth](https://millionrounds.com/company/openloop-health)[Pathware](https://millionrounds.com/company/pathware)[Patientfi](https://millionrounds.com/company/patientfi)[Pitchly](https://millionrounds.com/company/pitchly)[Portx](https://millionrounds.com/company/portx)[Posh](https://millionrounds.com/company/posh)[Renofi](https://millionrounds.com/company/renofi)[Roboflow](https://millionrounds.com/company/roboflow)[Silvur](https://millionrounds.com/company/silvur)[Tractorzoom](https://millionrounds.com/company/tractor-zoom)[Zest](https://millionrounds.com/company/zest-ai) Agstartupengine Algae Amesedc Arcoro Birddoghr Builtbyhlt Certintell Eltropy Farmlandfinder GLOBAL REACH Get Adobe Acrobat Reader Getconnectivity Getdistynct Gocaribou Igor-tech Lets Mach Makusafe Msuite Payrailz Provisioniam Pulsatehq Taponit Thehummingbirds Vertexvis Vidalung Viewpointmt Webcarehealth Winpropet Withclutch and 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. New fund on file **$16M** raised in Feb 2026 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Seed Series A Series B Median round joined **$6.1M** the round, not its cheque Alone, median **$2.3M** Led 0 of 6 rounds **0%** - **Said size:** $500K – $10M - **Sole investor:** 2 rounds - **Last cheque:** Oct 2024 Rounds by stage said on their site - Series A said *2* - Venture *2* - Seed said *1* - Series B said *-* - Growth said *-* Cheques by month Led Joined Dec 2023 Nov 2026 **Pitching Next Level Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies Next Level Ventures put money into. [**Dwolla** $6.8M · Jan 2017](https://millionrounds.com/company/dwolla) ## 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. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=next-level-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=next-level-ventures)