# Next Play Capital: portfolio, investments and team

> Next Play Capital is a fund of funds based in United States. 2 investments on record, latest Nov 2019. Portfolio, stages, co-investors and team.

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

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

# Next Play Capital

Filed with the SEC to raise a fund in Jul 2026, closing $1M. Last cheque observed Nov 2019.

Quiet New fund $813K, Jul 2026 Fund of funds

Growth Pre-seed Seed Collaboration Consumer Finance & Crypto

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 2 on record

Since the last cheque **2539** days **00** hrs **00** min **00** sec

Median round **$109M** Rounds led **0 of 2**

Pitch Next Play Capital

## Next Play Capital highlights

- 01 2 rounds on record
- 02 Mostly Series C and Series D: 100% of its rounds

## What they do

> Filed 1 private fund offering with the SEC, the most recent in 2019-04 From their own website

- **Type:** Fund of funds (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Growth Pre-seed Seed Series A Series B
- **Sectors:** Collaboration Consumer Finance & Crypto
- **Based in:** Redwood City, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **2 appearances**

- **2019** 2 rounds
- **Nov** **[Guild Education](https://millionrounds.com/company/guild-education)** Series D · US · FinSMEs **$157M** With 11 others
- **Aug** **[ScaleFactor](https://millionrounds.com/company/scalefactor)** Series C · US · FinSMEs **$60M** With 7 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 **17 named**

AC **Allan Chou** Promoter i Filing they signed

BC **Ben Choi** Managing Member of the Manager i Filing they signed

EV **Eric Valle** General Partner of Next Play Capital GP III, LLC i Filing they signed

GP **General Partner Nv Vi, L..L.C.** Promoter i Filing they signed

JV **Jana Vaze** Promoter i Filing they signed

JO **Jason Ottilo** Executive Officer i Filing they signed

JA **John Ailanjian** General Partner of Next Play Capital GP III, LLC i Filing they signed

JB **Justin Bennett** Executive Officer i Filing they signed

KC **Kelli Cullinane** Managing Member of the Manager i Filing they signed

LC **Larry Cowen** General Counsel & COO of the Managing Member of the General Partner i Filing they signed

LA **Laura Ann Devaney** Executive Officer i Filing they signed

LC **Lawrence Cowen** Promoter i Filing they signed

MM **Mandy Monson** Executive Officer i Filing they signed

RN **Ryan Nece** General Partner of Next Play Capital GP III, LLC i Filing they signed

TL **Teresa Loos-Tedrow** Executive Officer i Filing they signed

TG **Tim Gramling** Executive Officer i Filing they signed

TH **Tyler Hartsock** Promoter i Filing they signed

We also hold **22** 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.

New fund on file

**$813K**

raised in Jul 2026

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

## The cheque

Growth Pre-seed Seed

Median round joined **$109M** the round, not its cheque

Led 0 of 2 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Nov 2019

Rounds by stage said on their site

- Series C *1*
- Series D *1*
- Growth said *-*
- Pre-seed said *-*
- Seed said *-*
- Series A said *-*
- Series B said *-*

Often in the room with

- [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) 2

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## Who they invest alongside

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

[**Bessemer Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/bessemer-venture-partners)

## Recently backed

The latest companies Next Play Capital put money into.

[**ScaleFactor** $60M · Aug 2019](https://millionrounds.com/company/scalefactor)

## Quick answers about Next Play Capital

### What does Next Play Capital invest in?

Next Play Capital invests most often at Series C and Series D (100% of the rounds on record), in sectors such as Collaboration, Consumer and Finance & Crypto.

### How active is Next Play Capital?

2 investments on record, 0 of them in the last 12 months. The most recent was in Nov 2019.

### What has Next Play Capital invested in recently?

Its most recent investments on record: Guild Education (Series D, Nov 2019) and ScaleFactor (Series C, Aug 2019).

### How big are Next Play Capital's cheques?

The median round it joins is $109M.

### Is Next Play Capital investing now?

No investments in the last 12 months; the latest was in Nov 2019.

### Who does Next Play Capital invest alongside?

Most often Bessemer Venture Partners (2 rounds together).

### What kind of investor is Next Play Capital?

Next Play Capital is a fund of funds based in Redwood City, United States.

### Has Next Play Capital raised a new fund?

Its latest fund filing with the SEC was in Jul 2026, reporting $813K raised.

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